1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Restaurants
MK Restaurant Group Public Company Limited

MK Restaurant Group Public Company Limited

M-R.BK
MK Restaurant Group Public Company LimitedTH flagStock Exchange of Thailand
21.90
THB
-0.20
- -
19.79BMarket Cap
MK Restaurant Group Public Company Limited
M-R.BK
(Stock Exchange of Thailand)

Recent

price

21.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
11.82
18.04
17.6
15.99
15.95
16.62
17.54
9.11
18.92
7.25
11.95
17.05
18.09
16.83
16.72
17.28
Revenue per Share
- -
1.79
2.82
2.57
2.25
2.04
2.3
2.65
1.4
2.83
0.49
0.14
1.56
1.83
1.57
0.93
0.85
Basic EPS, GAAP
- -
1.51
2.73
0.67
1.88
2.1
2.66
3.19
1.72
2.99
0.96
1.52
3.51
3.51
0.73
1.97
1.71
Free Cash Flow per Basic Share
- -
3.36
2.48
0.55
2.4
1.9
2
2.2
1.2
2.6
0.9
0.49
1.3
1.5
1.5
1.5
0.5
Dividend per Share
- -
1.45
1.91
4.54
3.83
3.95
4.25
4.68
2.52
5.18
2.16
3.91
4.23
4.68
4.25
3.74
3.92
Book Value per Share
- -
0.94
1.41
15.25
13.57
13.9
14.26
14.71
7.51
13.01
6.12
11.76
12.28
12.83
12.52
12.2
12.43
Tangible Book Value per Share
720
906
720
794
906
908
911
916
1,842
920
1,842
936
922
921
916
904
904
Basic Weighted Avg Shares
- -
10,708
12,987
13,969
14,492
14,478
15,146
16,073
16,770
17,409
13,361
11,182
15,728
16,661
15,418
15,109
15,615
Sales/Revenue/Turnover
- -
20.98
19.89
17.35
15.53
14.41
14.86
16.18
15.92
17.65
8.21
1.64
11.64
12.24
8.98
4.97
4.21
Operating Margin (%)
- -
458
519
598
745
821
865
854
819
777
2,137
2,009
1,997
1,980
1,946
1,839
1,848
Depreciation Expense
- -
1,618
2,031
2,039
2,042
1,856
2,100
2,425
2,574
2,604
907
131
1,439
1,682
1,442
838
768
Net Income, GAAP
- -
28.3
22.03
19.28
19.41
19.4
18.73
18.18
17.82
17.49
13.3
- -
17.54
14.09
15.32
16.37
16.77
Effective Tax Rate (%)
- -
15.11
15.64
14.6
14.09
12.82
13.86
15.09
15.35
14.96
6.79
1.17
9.15
10.1
9.35
5.55
4.92
Profit Margin (%)
- -
-1,509
-2,107
2,581
7,379
7,773
8,457
8,468
8,067
6,274
5,465
5,689
5,488
5,354
4,442
4,541
4,455
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
39
2,565
2,207
2,023
2,008
1,836
1,842
1,973
LT Debt
- -
1,352
1,471
12,524
12,681
12,998
13,377
13,829
14,176
14,627
13,847
13,509
13,765
14,194
13,800
13,282
13,433
Total Equity
- -
120.87
74.16
25.2
14.01
12.69
13.57
15.41
15.4
17.24
5.83
- -
8.92
10.17
6.85
3.81
3.27
Return on Invested Capital (%)
- -
144.48
91.46
70.57
57.76
52.6
56.32
59.45
57.66
53.14
14.72
- -
20.63
23.09
20.3
13.37
12.1
Return on Capital (%)
- -
247.04
151.23
81.93
57.76
52.6
56.32
59.45
57.66
55.37
20.74
3.43
38.1
40.99
35.14
23.05
20.02
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
929
986
981
LT Borrowings
- -
- -
- -
LT Finance Leases
1,633
1,842
1,973
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
904
904
904
Market Capitalization
30,723
16,446
17,169

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
6,902
7,304
7,132
Cash, Cash Equivalents & STI
6,102
6,469
6,313
Accounts Receivable, Net
62
70
74
Inventories
553
555
558
Total Current Liabilities
2,528
2,763
2,677
Payables & Accruals
1,348
1,573
1,470
ST Debt
929
986
981
Deferred Revenue
31
31
33

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.27%
-0.79%
-3.75%
Free Cash Flow
- -
- -
164.16%
Net Income, GAAP
84.44%
174.74%
-41.87%
Sales/Revenue/Turnover
1.64%
4.16%
-2.01%
Total Cash Common Dividend
10.48%
20.25%
-1.68%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,946
4,107
3,683
3,683
15,418
2025
3,541
3,793
3,884
3,891
15,109
2026
4,047
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.38
0.44
0.37
- -
1.57
2025
0.26
0.3
0.25
- -
0.93
2026
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.5
- -
1.5
2025
- -
- -
0.5
- -
1.5
2026
- -
- -
- -
- -
- -
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Business
MK Restaurant Group Public Company Limited MK Restaurant Group Public Company Limited (M-R.BK) operates as a leading Thai restaurant chain, specializing in the sale of food and beverages through a diverse portfolio of branded outlets focused on suki hotpot, Japanese cuisine, Thai seafood, and related dining concepts. The company runs over 700 restaurants across Thailand and five countries, offering core brands including MK Suki, MK Gold, MK Live, and MK Buffet for hotpot dining; Japanese franchises Yayoi, Hakata, Miyazaki, and Hikiniku To Come for teppanyaki, sushi, and hamburg specialties; Thai seafood via Laem Charoen Seafood, supplemented by Na Siam and Le Siam; coffee and bakery at Le Petit; and grab-and-go options through Bizzy Box; it also manufactures and distributes food products, provides staff training services, and supports operations via biotech R&D at Mark One Innovation Center and cold-chain logistics through M-Senko. Founded in 1962 and headquartered at 1200 Debaratna Road, Bangna, Bangkok, Thailand, MK Restaurant Group Public Company Limited targets mass-market diners in the food and beverage sector, with primary operations in Thailand and international expansion in Japan, Malaysia, and Southeast Asia via franchises and joint ventures. Recent developments include the July 2025 launch of budget hotpot brand Bonus Suki at its first Robinson Saraburi branch; October 2024 acquisition of franchise rights for Hikiniku To Come with the inaugural outlet opening; a 2025 expansion plan adding 15 domestic branches (five MK, three Yayoi, five Laem Charoen Seafood, two Hikiniku To Come) plus two Malaysian Laem Charoen Seafood franchises under a 50%-owned joint venture MT Restaurant Sdn. Bhd.; transition of select MK outlets to buffet format; and purchase of its central kitchen land to bolster supply chain control.