Make To Win Holding PCL (BKK:MTW)

Make To Win Holding PCL Statistics

Total Valuation

BKK:MTW has a market cap or net worth of THB 694.62 million. The enterprise value is 959.84 million.

Market Cap	694.62M
Enterprise Value	959.84M

Important Dates

The last earnings date was Thursday, November 13, 2025.

Earnings Date	Nov 13, 2025
Ex-Dividend Date	n/a

Share Statistics

BKK:MTW has 879.26 million shares outstanding. The number of shares has increased by 12.88% in one year.

Current Share Class	879.26M
Shares Outstanding	879.26M
Shares Change (YoY)	+12.88%
Shares Change (QoQ)	+11.28%
Owned by Insiders (%)	35.99%
Owned by Institutions (%)	n/a
Float	562.80M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	2.33
PB Ratio	0.84
P/TBV Ratio	0.94
P/FCF Ratio	5.52
P/OCF Ratio	5.40
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 139.54, with an EV/FCF ratio of 7.63.

EV / Earnings	-38.51
EV / Sales	3.22
EV / EBITDA	139.54
EV / EBIT	n/a
EV / FCF	7.63

Financial Position

The company has a current ratio of 2.59, with a Debt / Equity ratio of 0.24.

Current Ratio	2.59
Quick Ratio	0.47
Debt / Equity	0.24
Debt / EBITDA	29.31
Debt / FCF	1.60
Interest Coverage	-1.21

Financial Efficiency

Return on equity (ROE) is -3.61% and return on invested capital (ROIC) is -0.94%.

Return on Equity (ROE)	-3.61%
Return on Assets (ROA)	-0.92%
Return on Invested Capital (ROIC)	-0.94%
Return on Capital Employed (ROCE)	-1.72%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.29
Inventory Turnover	0.66

Taxes

Income Tax	-1.57M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -36.29% in the last 52 weeks. The beta is 0.77, so BKK:MTW's price volatility has been lower than the market average.

Beta (5Y)	0.77
52-Week Price Change	-36.29%
50-Day Moving Average	1.08
200-Day Moving Average	1.05
Relative Strength Index (RSI)	32.57
Average Volume (20 Days)	897,095

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, BKK:MTW had revenue of THB 298.35 million and -24.93 million in losses. Loss per share was -0.03.

Revenue	298.35M
Gross Profit	61.52M
Operating Income	-15.14M
Pretax Income	-27.71M
Net Income	-24.93M
EBITDA	4.85M
EBIT	-15.14M
Loss Per Share	-0.03

Balance Sheet

The company has 23.76 million in cash and 201.62 million in debt, giving a net cash position of -177.85 million or -0.20 per share.

Cash & Cash Equivalents	23.76M
Total Debt	201.62M
Net Cash	-177.85M
Net Cash Per Share	-0.20
Equity (Book Value)	825.84M
Book Value Per Share	0.84
Working Capital	269.58M

Cash Flow

In the last 12 months, operating cash flow was 128.63 million and capital expenditures -2.84 million, giving a free cash flow of 125.79 million.

Operating Cash Flow	128.63M
Capital Expenditures	-2.84M
Free Cash Flow	125.79M
FCF Per Share	0.14

Margins

Gross margin is 20.62%, with operating and profit margins of -5.08% and -8.35%.

Gross Margin	20.62%
Operating Margin	-5.08%
Pretax Margin	-9.29%
Profit Margin	-8.35%
EBITDA Margin	1.63%
EBIT Margin	-5.08%
FCF Margin	42.16%

Dividends & Yields

BKK:MTW does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-12.88%
Shareholder Yield	-12.88%
Earnings Yield	-3.59%
FCF Yield	18.11%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on May 11, 2023. It was a forward split with a ratio of 2.

Last Split Date	May 11, 2023
Split Type	Forward
Split Ratio	2

Scores

BKK:MTW has an Altman Z-Score of 2.8 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.8
Piotroski F-Score	3