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MCOT Public Company Limited

MCOT Public Company Limited

MCOT.BK
MCOT Public Company LimitedTH flagStock Exchange of Thailand
6.15
THB
- -
- -
4.23BMarket Cap
MCOT Public Company Limited
MCOT.BK
(Stock Exchange of Thailand)

Recent

price

6.15

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
7.66
7.48
8.34
8.32
6.24
5.2
4
3.83
3.61
2.67
2.07
2.06
2
1.86
1.68
1.61
1.57
Revenue per Share
2.07
1.97
2.56
2.22
0.6
0.08
-1.07
-3.7
-0.55
-0.67
-2.63
0.24
-0.06
0.86
-0.46
-0.45
-0.41
Basic EPS, GAAP
2.11
2.94
2.41
1.75
-0.17
-1.04
-1.91
-1.04
-0.41
-0.33
-0.2
-1.09
-0.8
0.24
-0.06
0.36
0.35
Free Cash Flow per Basic Share
1.85
2.1
2
2.3
1.43
0.3
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9.57
8.89
9.44
9.33
8.51
8.54
7.4
3.7
7.65
9.28
6.62
6.86
6.88
7.73
7.27
6.8
6.54
Book Value per Share
11.13
10.95
11.47
11.35
5.21
5.59
4.74
3.88
7.96
10.52
9.61
9.83
9.16
10.17
9.86
9.56
9.24
Tangible Book Value per Share
687
687
687
687
687
687
687
687
687
687
687
687
687
687
687
687
705
Basic Weighted Avg Shares
5,263
5,142
5,729
5,715
4,284
3,572
2,747
2,629
2,478
1,832
1,424
1,415
1,373
1,276
1,151
1,108
1,107
Sales/Revenue/Turnover
37.34
36.69
37
29.18
9.42
-3.6
-34.85
-109.55
-15.58
-44.89
-67.53
9
-0.8
-14.8
-19.14
-16.32
-14.04
Operating Margin (%)
498
538
539
536
750
810
914
1,058
660
613
326
119
181
224
188
165
157
Depreciation Expense
1,423
1,356
1,759
1,527
413
58
-735
-2,542
-376
-457
-1,807
165
-38
588
-316
-308
-288
Net Income, GAAP
29.45
32.76
23.76
20.59
23.74
28.4
- -
- -
- -
- -
- -
8.09
- -
26.71
- -
- -
- -
Effective Tax Rate (%)
27.04
26.38
30.7
26.72
9.64
1.62
-26.75
-96.7
-15.17
-24.98
-126.92
11.68
-2.79
46.06
-27.48
-27.82
-25.98
Profit Margin (%)
4,092
4,093
4,280
4,462
2,588
2,179
454
211
104
78
-471
434
306
137
-312
-353
-434
Working Capital
5
6
5
4
54
30
13
17
10
34
24
710
917
880
558
381
365
LT Debt
7,736
7,658
8,039
7,960
7,364
7,382
6,566
4,014
6,730
7,847
6,603
6,767
6,777
7,365
7,048
6,721
6,658
Total Equity
18.2
16.68
20.71
16.46
4.05
-1.28
- -
- -
- -
- -
- -
1.69
- -
-1.78
- -
- -
- -
Return on Invested Capital (%)
21.6
20.96
27.58
23.57
7.77
2.14
- -
- -
- -
- -
- -
3.67
- -
10.4
- -
- -
- -
Return on Capital (%)
22.02
21.39
27.93
23.68
6.74
0.99
-13.43
-66.71
-9.64
-7.86
-33.09
3.57
-0.81
11.71
-6.14
-6.38
-6.04
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
305
305
303
LT Borrowings
242
328
318
LT Finance Leases
59
52
46
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
687
687
687
Market Capitalization
2,534
2,168
4,476

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
315
369
339
Cash, Cash Equivalents & STI
62
121
119
Accounts Receivable, Net
180
183
165
Inventories
- -
- -
- -
Total Current Liabilities
771
722
774
Payables & Accruals
430
388
436
ST Debt
305
305
303
Deferred Revenue
30
22
29

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.09%
0.47%
-4.64%
Free Cash Flow
-64.71%
-113.16%
-730.21%
Net Income, GAAP
-291.42%
-404.09%
-2.53%
Sales/Revenue/Turnover
-10.57%
-4.84%
-3.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
266
289
303
292
1,151
2025
247
277
301
283
1,108
2026
246
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
-0.1
-0.08
- -
-0.46
2025
-0.12
-0.09
-0.04
- -
-0.45
2026
-0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
MCOT Public Company Limited operates as a state enterprise under the supervision of the Office of the Prime Minister in Thailand, specializing in mass media. The company provides comprehensive media services including digital terrestrial television broadcasting with channels such as Channel 9 MCOT HD and various standard definition general and family channels; radio broadcasting through its MCOT Radio Network comprising 47 FM and AM stations including FM 95 MHz Luk Thung Mahanakorn, FM 96.5 MHz Thinkingradio, FM 99 MHz Active Radio, FM 100.5 MHz MCOT News, and FM 107 MHz MET 107; news services via the Thai News Agency responsible for producing, collecting, and disseminating neutral and accurate news; engineering services related to broadcast infrastructure; and new media services offering satellite TV on C band and Ku band platforms. In addition, MCOT provides advertising services across its television, radio, and digital platforms, operates Shop Mania TV shopping, business content distribution, online photo and video distribution platforms, and runs an academic and training institute delivering mass media courses. Founded in 1977 and headquartered in Bangkok, Thailand, MCOT serves diverse markets across Thailand with both central and regional coverage. In recent developments, MCOT has entered into a strategic partnership with the Thai Food and Drug Administration to enhance public health literacy through media channels for three years starting in late 2025, focusing on developing creative learning media and joint communication efforts. The company continues to evolve its business model by investing in digital content creation, positioning itself from a traditional content-based news broadcaster towards a content creator platform. In 2022, MCOT secured licenses for 47 radio frequencies valid for seven years, expanding its radio operations and revenue generation beyond traditional TV and radio through multi-platform digital business and land asset development. The company also prioritizes new business directions targeting quality enhancement in supporting Thai companies and SMEs. These moves reflect MCOT’s strategic shift towards digital media expansion and diversified revenue streams while maintaining its core broadcast services in television, radio, and news.