Valuation Master Style

Stocks

End-of-day quote Thailand S.E. Other stock markets 10/08/2026			5-day change	1st Jan Change
8.850 ^THB	-2.21%		-4.84%	+18.79%

15/05	Master Style Public Company Limited Appoints Ms. Prapawarin Longngam as Director, Effective 15 May 2026	CI
15/05	Master Style Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2023	2024	2025	2026	2027	2028
Market Cap ¹	15,312	13,652	2,248	2,670	-	-
Change	-	-10.84%	-83.54%	18.79%	-	-
Enterprise Value (EV) ¹	13,866	13,760	2,426	2,897	2,980	2,670
Change	-	-0.76%	-82.37%	19.43%	2.86%	-10.38%
P/E	36.5x	26.2x	11.3x	11.6x	10.5x	9.52x
PBR	5.12x	3.89x	0.65x	0.74x	0.72x	-
PEG	-30.77x	1.1x	-0.2x	0.8x	1x	0.9x
Capitalization / Revenue	7.99x	6.39x	1.19x	1.4x	1.33x	1.25x
EV / Revenue	7.23x	6.44x	1.29x	1.52x	1.49x	1.25x
EV / EBITDA	23.6x	19.5x	6.21x	6.73x	6.41x	5.57x
EV / EBIT	26.4x	23.8x	10.4x	10.5x	9.7x	-
EV / FCF	-49.1x	257x	9.54x	5.7x	7.15x	-
FCF Yield	-2.04%	0.39%	10.5%	17.5%	14%	-
Dividend per Share ²	0.3588	0.16	0.4	0.4268	0.4962	0.56
Rate of return	0.71%	0.35%	5.37%	4.82%	5.61%	6.33%
EPS ²	1.391	1.73	0.66	0.7608	0.8402	0.93
Distribution rate	25.8%	9.25%	60.6%	56.1%	59.1%	60.2%
Net sales ¹	1,917	2,135	1,885	1,908	2,003	2,128
EBITDA ¹	586.4	704.6	390.7	430.6	464.9	479
EBIT ¹	524.8	577.4	233.8	274.8	307.1	-
Net income ¹	416.3	522.4	198	228.8	253.4	280
Net Debt ¹	-1,446	108	177.8	226.6	309.4	-
Reference price ²	50.750	45.250	7.450	8.850	8.850	8.850
Nbr of stocks (in thousands)	301,714	301,712	301,712	301,712	-	-
Announcement Date	22/2/24	26/2/25	26/2/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MASTER STYLE	11.63x	1.52x	6.73x	4.82%	80.89M
IHH HEALTHCARE	32.21x	3.05x	13.63x	1.35%	18.04B
APOLLO HOSPITALS ENTERPRISE LIMITED	52.38x	4.47x	29.38x	0.26%	13.44B
AIER EYE HOSPITAL GROUP CO., LTD.	23.27x	3.28x	11.7x	1.85%	12.46B
ENCOMPASS HEALTH CORPORATION	19.74x	2.33x	10.88x	0.63%	12.41B
THE ENSIGN GROUP, INC.	26.06x	2.1x	16.9x	0.15%	10.63B
BANGKOK DUSIT MEDICAL SERVICES	19.51x	2.84x	11.68x	4.09%	9.58B
FORTIS HEALTHCARE LIMITED	54.56x	6.91x	29.84x	0.14%	7.48B
RAMSAY HEALTH CARE LIMITED	34.21x	0.94x	7.83x	1.89%	7.28B
Average	30.40x	3.05x	15.40x	1.69%	10.16B
Weighted average by Cap.	32.19x	3.20x	16.34x	1.25%