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Don Muang Tollway Public Company Limited

Don Muang Tollway Public Company Limited

DMT.BK
Don Muang Tollway Public Company LimitedTH flagStock Exchange of Thailand
12.00
THB
- -
- -
14.17BMarket Cap
Don Muang Tollway Public Company Limited
DMT.BK
(Stock Exchange of Thailand)

Recent

price

12.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.81
2.22
2.5
2.52
2.56
2.38
1.73
1.02
1.55
1.97
2.09
2.24
2.26
Revenue per Share
0.77
1.08
1.27
1.18
1.23
0.98
0.67
0.34
0.66
0.85
0.76
0.91
0.92
Basic EPS, GAAP
1.29
1.55
1.76
1.69
1.81
1.5
0.99
0.39
0.97
1.23
1.31
1.47
1.49
Free Cash Flow per Basic Share
0.62
0.44
0.97
0.88
2.42
0.35
0.13
0.51
0.5
1.91
0.8
0.86
0.86
Dividend per Share
5.08
5.48
5.9
6.14
4.89
5.47
5.96
6.4
6.54
5.46
5.43
5.45
5.68
Book Value per Share
-4.91
-4.2
-3.4
-2.73
-3.52
-2.49
-1.7
0.13
0.57
-0.14
0.41
1.02
1.41
Tangible Book Value per Share
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,185
Basic Weighted Avg Shares
2,133
2,625
2,953
2,978
3,025
2,816
2,047
1,202
1,832
2,325
2,469
2,648
2,678
Sales/Revenue/Turnover
65.15
69.86
70.37
63.83
63.44
56.28
52.94
42.13
52.93
53.69
45.41
49.75
50.19
Operating Margin (%)
267
317
384
491
493
491
342
226
364
530
737
722
730
Depreciation Expense
914
1,279
1,498
1,398
1,457
1,159
791
404
781
1,001
897
1,073
1,087
Net Income, GAAP
20.17
20.03
20.21
20.06
19.97
20.05
20
17.37
20.11
20.1
20.47
19.93
20.18
Effective Tax Rate (%)
42.83
48.75
50.73
46.94
48.18
41.14
38.67
33.62
42.61
43.05
36.35
40.53
40.58
Profit Margin (%)
-1,740
-1,368
-1,745
-598
-3,114
-3,245
-1,420
124
141
-721
132
682
1,158
Working Capital
4,071
3,967
2,736
2,737
1,639
- -
810
11
19
26
22
26
25
LT Debt
6,175
6,723
7,312
7,650
6,246
6,983
7,608
9,573
9,772
8,502
8,478
8,516
8,803
Total Equity
- -
12.14
13.74
12.95
13.64
11.79
8.53
4.29
7.93
10.3
9.74
12.01
11.87
Return on Invested Capital (%)
- -
12.84
14.64
14.07
14.92
12.89
9.27
5.05
10.21
13.56
13.11
16.36
16.1
Return on Capital (%)
- -
20.51
22.29
19.67
22.37
18.94
11.72
5.54
10.22
14.13
13.96
16.7
16.2
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
14
14
15
LT Borrowings
- -
- -
- -
LT Finance Leases
29
26
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,181
1,181
1,181
Market Capitalization
11,945
12,300
13,152

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
900
1,157
1,633
Cash, Cash Equivalents & STI
868
1,121
1,587
Accounts Receivable, Net
8
16
27
Inventories
- -
- -
- -
Total Current Liabilities
349
475
476
Payables & Accruals
211
311
326
ST Debt
14
14
15
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.09%
3.02%
0.46%
Free Cash Flow
9.73%
26.35%
12.75%
Net Income, GAAP
4.41%
16.32%
19.58%
Sales/Revenue/Turnover
3.21%
10.29%
7.23%
Total Cash Common Dividend
65.6%
103.63%
7.83%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
618
590
621
641
2,469
2025
653
627
670
697
2,648
2026
683
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.2
0.22
- -
0.76
2025
0.23
0.2
0.24
- -
0.91
2026
0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.36
0.2
- -
0.8
2025
- -
0.4
0.22
- -
0.86
2026
- -
- -
- -
- -
- -
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Business
Don Muang Tollway Public Company Limited (DMT.BK) operates the Uttraphimuk Elevated Tollway, a 21.9-kilometer toll road in Thailand connecting Din Daeng to the National Memorial Monument; provides toll collection through multiple payment methods including electronic systems; manages traffic with advanced technology for efficiency and 24-hour operations; offers roadside rescue, maintenance, and infrastructure repair services; and maintains an EV charging station for emergency assistance and operational vehicles. The company serves vehicles traveling between Bangkok and northern regions including the Upper Central, Northern, and Northeastern areas under a Build-Transfer-Operate (BTO) concession with the Department of Highways expiring in September 2034. Founded in 1988 and headquartered at 40/40 Viphavadi Rangsit Road, Bangkok, it targets commuters and long-distance travelers in the transportation infrastructure sector. In recent developments, the company listed on the Stock Exchange of Thailand (SET) in May 2021 to fund debt repayment and pursue public-private partnership opportunities in intercity motorways and non-toll ventures like highway rest areas; formed a joint venture named A Siam Infra Company Limited with three Japanese partners for infrastructure projects; and enhanced services with technology upgrades and sustainability initiatives including EV adoption.