Millennium Group (ASIA) PCL (BKK:MGC) Tax Rate %: 21.01% (As of Mar. 2026)

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BKK:MGC Millennium Group Corp (ASIA) PCL BKK:MGC
61 GF Score
Price ฿7.90
GF Value ฿4.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Millennium Group (ASIA) PCL Tax Rate %?

Millennium Group (ASIA) PCL BKK:MGC -19.39% 61 Tax Rate % is 21.01% as of Mar. 2026. GuruFocus rates BKK:MGC with a GF Score™ of 61/100 and a GF Value™ of ฿4.65 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Millennium Group (ASIA) PCL's Tax Expense for the three months ended in Mar. 2026 was ฿86 Mil. Millennium Group (ASIA) PCL's Pre-Tax Income for the three months ended in Mar. 2026 was ฿409 Mil. Therefore, Millennium Group (ASIA) PCL's Tax Rate % for the quarter that ended in Mar. 2026 was 21.01%.

Millennium Group (ASIA) PCL Tax Rate % Related Terms

Millennium Group (ASIA) PCL Tax Rate % Historical Data

* Premium members only.

The historical data trend for Millennium Group (ASIA) PCL's Tax Rate % 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.

Millennium Group (ASIA) PCL Tax Rate % Chart

Millennium Group (ASIA) PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 20.23 5.43 19.62 18.65 14.32

Millennium Group (ASIA) PCL Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 Premium Member Only 22.67 7.80 26.39 10.07 21.01
BKK:MGC
61GF Score
Millennium Group Corp (ASIA) PCL BKK:MGC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennium Group (ASIA) PCL Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Millennium Group (ASIA) PCL's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=214.621/1498.757
=14.32 %

Millennium Group (ASIA) PCL's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=85.919/409.026
=21.01 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 21.01% mean?
Millennium Group (ASIA) PCL (BKK:MGC) has a Tax Rate % of 21.01% as of Mar. 2026.
Is Millennium Group (ASIA) PCL's Tax Rate % too high?
Millennium Group (ASIA) PCL's current Tax Rate % is 21.01%. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's Tax Rate % compare to CVNA and PAG?
Millennium Group (ASIA) PCL's Tax Rate % of 21.01% can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Millennium Group (ASIA) PCL's current Tax Rate % is 21.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.65, compared to a current price of ฿7.90 — trading 69.9% above its estimated fair value. The current Tax Rate % is 21.01%. Millennium Group (ASIA) PCL's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Millennium Group (ASIA) PCL (BKK:MGC), the current Tax Rate % is 21.01% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?

Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued. The current stock price of ฿7.90 is trading 69.9% above its estimated GF Value™ of ฿4.65. GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.

Key valuation signals for BKK:MGC:

  • Tax Rate %: 21.01%
  • GF Value™: ฿4.65 vs. price of ฿7.90 (69.9% above fair value)
  • GF Score™: 61/100 with 5 warning signs

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

Millennium Group (ASIA) PCL Business Description

Address No. 2222/9 Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
61GF Score

Get the complete analysis for BKK:MGC

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿7.90
Price
฿4.65
GF Value