1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Travel Lodging
Minor International Public Company Limited

Minor International Public Company Limited

MINOF
Minor International Public Company LimitedUS flagOther OTC
0.78
USD
- -
- -
4.41BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.91
8.33
9.48
11.44
12.21
16.08
25.38
11.52
13.37
23.25
27.28
28.5
28.33
28.98
Basic EPS, GAAP
0.94
0.99
1.58
1.47
1.2
0.96
2.28
-4.41
-2.53
0.82
0.99
1.37
1.59
1.68
Free Cash Flow per Basic Share
0.17
0.02
-0.93
0.1
-0.01
-0.48
0.07
-1.9
2.52
4.79
5.34
5.4
4.19
3.66
Dividend per Share
0.27
0.31
0.22
0.34
0.34
0.39
0.39
- -
- -
- -
0.5
0.57
0.65
0.7
Book Value per Share
5.61
6.28
6.96
8.35
10.09
15.19
16.09
12.92
13.05
13.47
13.7
15.49
15.78
14.7
Tangible Book Value per Share
2.93
3.72
3.16
4.23
5.85
1.7
3.36
-0.05
-0.3
0.64
1.04
3.76
3.43
1.8
Basic Weighted Avg Shares
4,383
4,469
4,469
4,474
4,509
4,689
4,689
4,858
5,196
5,249
5,475
5,661
5,670
5,647
Sales/Revenue/Turnover
34,678
37,242
42,357
51,160
55,040
75,394
119,025
55,954
69,481
122,030
149,340
161,352
160,619
163,648
Operating Margin (%)
11.83
9.9
8.1
7.91
9.1
8.05
6.38
-34.27
-19.42
9.35
12.18
12.01
10.99
11.25
Depreciation Expense
2,465
2,860
3,095
3,860
4,130
5,725
8,914
18,241
19,942
19,275
20,400
21,448
21,553
21,697
Net Income, GAAP
4,101
4,402
7,040
6,590
5,415
4,508
10,698
-21,407
-13,167
4,286
5,407
7,750
9,009
9,464
Effective Tax Rate (%)
13.9
8.1
5.44
13.16
12.28
21.33
17.26
- -
- -
34.74
36.56
23.46
25.2
26.38
Profit Margin (%)
11.83
11.82
16.62
12.88
9.84
5.98
8.99
-38.26
-18.95
3.51
3.62
4.8
5.61
5.78
Working Capital
-462
-567
6,243
-978
4,927
-5,678
3,007
10,826
-8,645
-17,258
-23,820
-20,475
-24,514
-17,688
LT Debt
18,602
27,461
41,373
42,010
44,843
109,261
102,402
211,716
193,472
173,959
166,651
151,995
161,309
179,558
Total Equity
26,875
30,024
36,711
40,797
50,504
82,301
85,868
76,324
79,492
82,609
87,295
99,137
96,986
90,771
Return on Invested Capital (%)
7.53
5.88
4.39
4.03
4.56
3.05
3.05
- -
- -
2.48
3.97
5.21
4.66
4.62
Return on Capital (%)
10.49
9.36
11.18
8.99
7.06
4.21
6.76
- -
- -
3.33
4.12
5.65
5.51
5.49
Return on Common Equity (%)
19.1
16.56
23.14
18.77
12.78
7.61
14.59
-30.06
-19.51
6.16
7.32
9.42
10.17
11.14

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
24,346
28,276
23,854
LT Borrowings
84,983
83,270
101,847
LT Finance Leases
76,326
76,380
77,711
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,659
5,626
5,625
Market Capitalization
170,006
143,951
146,377

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
37,993
40,535
43,561
Cash, Cash Equivalents & STI
9,597
9,657
11,714
Accounts Receivable, Net
8,299
8,691
9,518
Inventories
6,738
6,981
7,482
Total Current Liabilities
62,508
66,204
61,248
Payables & Accruals
29,744
25,465
26,885
ST Debt
24,346
28,276
23,854
Deferred Revenue
419
548
528

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.62%
5.03%
-2.17%
Free Cash Flow
457.64%
-30.2%
-22.34%
Net Income, GAAP
-28.91%
-17.06%
16.25%
Sales/Revenue/Turnover
20%
25.96%
-0.45%
Total Cash Common Dividend
- -
- -
14.04%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36,523
43,714
40,625
40,490
161,352
2025
35,568
42,083
40,362
42,605
160,619
2026
37,346
43,335
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.5
0.03
- -
1.37
2025
0.07
0.54
0.45
- -
1.59
2026
0.11
0.59
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.32
0.25
- -
0.57
2025
- -
0.35
0.3
- -
0.65
2026
- -
0.4
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Emmanuel Jude Dillipraj Rajakarier
Full Time Employees
75,000
Sector
Consumer Cyclical
Industry
Travel Lodging
Address
88 The Parq Building Bangkok BM Thailand 10110
IPO Date
Mar 21, 2014
Website
minor.com
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Business
Minor International Public Company Limited (MINT) is a Thailand-based multinational hospitality, restaurant and lifestyle company headquartered in Bangkok and founded in 1978. The company operates through subsidiaries including Minor Hotels, Minor Food and Minor Lifestyle, offering over 560 hotels and resorts under brands such as Anantara, Avani, Oaks, Tivoli, NH Collection, NH, nhow, Marriott, Four Seasons, St. Regis and Radisson Blu; more than 2,660 restaurants featuring The Pizza Company, The Coffee Club, Riverside, Benihana, Thai Express, Bonchon, Swensen's, Sizzler, Dairy Queen and Burger King; and retail trading of fashion and lifestyle products including Anello, BergHOFF, Bodum, Bossini, Charles & Keith, Esprit, Joseph Joseph, Radley and Zwilling J.A. Henckels, alongside spas, entertainment venues, mixed-use developments, property rentals, vacation clubs and contract manufacturing. MINT serves customers across 65 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, targeting leisure travelers, business guests, dining consumers and retail shoppers. Recent developments include the successful completion of a tender offer to delist Minor Hotels Europe & Americas in September 2025 following progressive acquisitions since 2018; a strategic partnership with ThirdHome and Anantara Vacation Club announced in November 2025; acquisition of Dukes The Palm, a Royal Hideaway Hotel on Palm West Beach effective August 2025; issuance of an oversubscribed THB 8 billion sustainability-linked bond in July 2024; a joint venture with Royal Holdings to develop 21 hotels in Japan by 2035; plans to launch a Singapore-listed REIT targeting $1.5 billion to lighten asset ownership; and record 2024 financials with 16% net profit growth to $151 million amid portfolio expansion adding over 30 properties.