Maybank Securities (Thailand) PCL (BKK:MST)
Thailand flag Thailand · Delayed Price · Currency is THB
7.50
-0.15 (-1.96%)
Oct 28, 2026, 4:36 PM ICT

BKK:MST Financials Overview

Millions THB. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,2761,8812,2932,2172,6623,205
Revenue Growth
11.47%-17.99%3.46%-16.72%-16.96%24.21%
Operating Income
501.72277.26579.3460.16784.54949.71
Net Income
400.08220.51462.13364.91628.23760.79
Earnings Per Share
0.700.390.810.641.101.33
EPS Growth
34.34%-52.29%26.64%-41.91%-17.25%56.71%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Securities Business Segment
2,3342,1562,5752,6352,7223,441
Investment Banking Segment
6266168103205152
Total
2,3962,2222,7432,7382,9273,593

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
454.891,0782,5132,0413,4054,161
Total Debt
6,3686,08712,08412,29413,78517,864
Net Cash (Debt)
-5,914-5,009-9,571-10,254-10,380-13,703
Net Cash Growth
------
Net Cash Per Share
-10.27-8.78-16.77-17.96-18.18-23.95

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-667.926,527833.912,0354,821-5,312
Capital Expenditures
-35.01-8.97-29.79-46.49-50.66-45.9
Free Cash Flow
-702.926,518804.111,9884,770-5,358
Free Cash Flow Growth
-710.62%-59.56%-58.32%--

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
22.05%14.74%25.26%20.76%29.47%29.63%
Pretax Margin
22.05%14.74%25.26%20.76%29.47%29.63%
Profit Margin
17.58%11.72%20.15%16.46%23.60%23.73%
FCF Margin
-30.89%346.59%35.06%89.70%179.22%-167.16%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.2900.2900.6500.4800.9400.960
Dividend Per Share Growth
-20.51%-55.38%35.42%-48.94%-2.08%60.00%
Dividend Yield
3.87%4.33%6.99%4.44%8.32%7.93%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.7917.3411.4916.8910.279.08
Forward PE
-9.849.849.849.849.84
P/FCF Ratio
-0.596.603.101.35-
PS Ratio
1.882.032.322.782.422.15