Master Style PCL (BKK:MASTER) Owner Earnings per Share (TTM): (As of Mar. 2026)

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BKK:MASTER Master Style PCL BKK:MASTER
56 GF Score
Price ฿8.80
GF Value ฿41.61
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Master Style PCL Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Master Style PCL does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Master Style PCL's Owner Earnings per Share (TTM) or its related term are showing as below:



BKK:MASTER's Price-to-Owner-Earnings is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 17.835
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Master Style PCL's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ฿0.20. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.66. It's PE Ratio (TTM) ratio for today is 13.27.

Master Style PCL's EPS without NRI for the three months ended in Mar. 2026 was ฿0.20. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.66. It's PE Ratio without NRI ratio for today is 13.27.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Master Style PCL Owner Earnings per Share (TTM) Related Terms


Master Style PCL Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Master Style PCL's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Master Style PCL Owner Earnings per Share (TTM) Chart

Master Style PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Master Style PCL Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BKK:MASTER vs HCA, THC, DVA: Owner Earnings per Share (TTM) Comparison

For the Medical Care Facilities subindustry, Master Style PCL's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Master Style PCL Price-to-Owner-Earnings vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Master Style PCL's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Master Style PCL's Price-to-Owner-Earnings falls into.


BKK:MASTER
56GF Score
Master Style PCL BKK:MASTER
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Master Style PCL Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Master Style PCL does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Is Master Style PCL (BKK:MASTER) Overvalued in 2026?

Based on GuruFocus' analysis, Master Style PCL stock appears to be undervalued. The current stock price of ฿8.80 is trading 78.9% below its estimated GF Value™ of ฿41.61. GuruFocus considers Master Style PCL to be Significantly Undervalued.

Key valuation signals for BKK:MASTER:

  • Owner Earnings per Share (TTM):
  • GF Value™: ฿41.61 vs. price of ฿8.80 (78.9% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the BKK:MASTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Master Style PCL Business Description

Address 99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300
Master Style PCL is principally engaged in a cosmetic surgery hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include: eye surgery, Nose surgery, Facial surgery, Hair transplant Liposuction and others. The company has two principal segments; Hospital business, which generates the majority of the revenue, and the trading of cosmetic products.
56GF Score

Get the complete analysis for BKK:MASTER

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿8.80
Price
฿41.61
GF Value