Valuation: Master Style

Market Cap 2.85B 84.97M 74.29M 68.53M 63M 119M 8.18B 121M 818M 321M 4B 319M 312M 13.77B P/E 2026 *
13x
P/E 2027 * 12x
Enterprise Value 3.08B 91.72M 80.19M 73.98M 68M 129M 8.83B 131M 883M 347M 4.31B 344M 337M 14.87B EV / Sales 2026 *
1.6x
EV / Sales 2027 * 1.56x
Free-Float
32.63%
Yield 2026 *
4.22%
Yield 2027 * 4.89%
May. 15 Master Style Public Company Limited Appoints Ms. Prapawarin Longngam as Director, Effective 15 May 2026 CI
May. 15 Master Style Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
Apr. 20 Master Style announces resignation of Lapasrada Lertpanurot as CEO RE
Apr. 20 Master Style Public Company Limited Announces Chief Executive Officer Changes, Effective May 1, 2026 CI
Apr. 20 Master Style Public Company Limited Announces Resignation of Lapasrada Lertpanurot as Director, Member of Executive Committee, and Member of Risk Management Committee , Effective May 1, 2026 CI
Feb. 26 Master Style Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
Feb. 25 Master Style Public Company Limited announces Annual dividend, payable on May 12, 2026 CI
Dec. 22 KTB Securities Thailand Downgrades Master Style to Hold from Buy; Price Target is THB8.70 MT
Dec. 12 Yuanta Securities Investment Consulting Downgrades Master Style to Hold From Buy; Price Target is THB8.70 MT
Nov. 12 KTB Securities Upgrades Master Style to Buy from Hold; Price Target is THB11 MT
Nov. 11 Master Style Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25-09-21 Master Style Public Company Limited(SET:MASTER) dropped from S&P Global BMI Index CI
25-08-13 Master Style Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
1 day+3.85%
1 week+12.50%
Current month+9.88%
1 month+9.88%
3 months+9.88%
6 months+19.62%
Current year+26.85%
1 week 8.6
Extreme 8.6
9.65
1 month 8.3
Extreme 8.3
9.65
Current year 7.4
Extreme 7.4
12
1 year 7.15
Extreme 7.15
15.6
3 years 7.15
Extreme 7.15
74
5 years 7.15
Extreme 7.15
74
10 years 7.15
Extreme 7.15
74
Manager TitleAgeSince
Chief Executive Officer 42 2026-04-30
Director of Finance/CFO 46 2020-09-24
Chief Administrative Officer - -
Director TitleAgeSince
Director/Board Member 67 2020-12-14
Chairman 62 2022-05-02
Director/Board Member 56 2020-12-14
Date Insider Type Main position Quantity % Market Cap.
25-01-26Buy

Founder

100,000 0.0331%
25-01-26Buy

Founder

100,000 0.0331%
25-01-23Buy

Founder

10,000 0.0033%
Change 5-day change 1-year change 3-year change Capi.($)
+3.85%+12.50%-28.95%-85.01% 84.97M
-1.04%+2.52%+30.83%+47.07% 18.68B
-0.58%+0.50%+20.91%+70.33% 13.35B
+5.71%+8.42%-27.27%-53.51% 12.16B
+1.06%-0.34%+2.42%+63.37% 10.9B
+0.39%-1.50%+18.56%+83.53% 9.7B
+0.52%+1.04%-7.18%-30.09% 9.19B
-1.28%+1.30%+21.21%+192.02% 7.66B
-1.66%-0.70%+11.45%-25.02% 6.98B
+0.89%+0.44%-24.33% - 6.81B
Average +0.80%+2.55%+1.76%+29.19% 9.55B
Weighted average by Cap. +0.51%+2.15%+7.73%+41.50%

Financials

2026 *2027 *
Net sales 1.93B 57.5M 50.27M 46.38M 42.63M 80.78M 5.53B 82.16M 554M 217M 2.7B 216M 211M 9.32B 2.02B 60.35M 52.76M 48.67M 44.74M 84.77M 5.81B 86.22M 581M 228M 2.84B 227M 222M 9.78B
Net income 219M 6.53M 5.71M 5.27M 4.84M 9.17M 628M 9.33M 62.86M 24.66M 307M 24.52M 23.98M 1.06B 238M 7.1M 6.21M 5.73M 5.26M 9.97M 683M 10.14M 68.36M 26.82M 334M 26.66M 26.08M 1.15B
Net Debt 227M 6.75M 5.9M 5.45M 5.01M 9.49M 650M 9.65M 65.02M 25.51M 318M 25.36M 24.8M 1.09B 309M 9.22M 8.06M 7.44M 6.84M 12.95M 887M 13.17M 88.78M 34.83M 434M 34.63M 33.87M 1.49B
Logo Master Style
Master Style Public Company Limited is a Thailand-based company. The Company operates a cosmetic surgery hospital under the name of Masterpiece Hospital. It operates through two segments: hospital business, and trading of cosmetic products. The Company provides a full range of surgical services, such as rhinoplasty, eyebrow lift and face contouring surgery, breast surgery, liposuction and reshaping surgery, eye surgery, facial restructuring surgery, hair transplants and hair treatment, as well as skin care and laser treatments with modern medical technology and techniques. Its skin care services are categorized into four fields: laser service, face reshaping service, treatment service, and slimming services. The Company provides permanent hair transplantation Follicular Unit Extraction (FUE), which is a modern hair transplant technique using hair follicle cells from the occipital area to be planted in the desired area. Its subsidiary is Master Innovation Company Limited.
Employees
-
Date Price Change Volume
26-07-15 THB 9.450 +3.85% 3,556,847
26-07-14 THB 9.100 -1.09% 2,161,693
26-07-13 THB 9.200 +4.55% 4,500,724
26-07-10 THB 8.800 +2.33% 1,525,720
26-07-09 THB 8.600 +2.38% 578,190
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
9.450THB
Average target price
9.100THB
Spread / Average Target
-3.70%

Quarterly revenue - Rate of surprise

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