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Mud & Hound Public Company Limited

Mud & Hound Public Company Limited

MUD.BK
Mud & Hound Public Company LimitedTH flagStock Exchange of Thailand
0.89
THB
- -
- -
937.51MMarket Cap
Mud & Hound Public Company Limited
MUD.BK
(Stock Exchange of Thailand)

Recent

price

0.89

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.54
1.73
2.07
2.65
3.42
2.83
2.92
2.76
2.06
2.06
2.91
3.27
2.85
2.22
2.08
Revenue per Share
0.02
0.03
-0.03
-0.04
-0.2
-0.05
-0.01
-0.02
-0.38
-0.1
0.02
-0.01
-0.29
-0.64
-0.72
Basic EPS, GAAP
0.12
0.03
0.05
0.04
0.21
-0.07
0.05
0.01
0.09
0.17
0.14
0.39
0.25
0.3
0.27
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.16
0.04
0.06
0.06
- -
- -
- -
- -
- -
- -
Dividend per Share
0.32
0.56
0.83
0.79
0.58
0.67
0.57
0.49
0.08
-0.02
0.17
0.16
-0.13
-0.77
-0.89
Book Value per Share
-0.66
-0.39
-0.83
-0.8
-1.21
-0.28
-0.26
-0.32
-0.42
-0.52
-0.46
-0.49
-0.69
-1.11
-1.19
Tangible Book Value per Share
1,055
1,055
1,055
1,055
844
999
1,055
1,055
1,053
1,052
1,053
1,053
1,053
1,053
1,051
Basic Weighted Avg Shares
1,625
1,829
2,184
2,797
2,889
2,824
3,082
2,913
2,166
2,170
3,062
3,449
3,002
2,334
2,182
Sales/Revenue/Turnover
7.12
4.75
2.24
1.15
0.8
-0.38
0.9
0.45
-6.84
-0.79
2.92
2.66
-5.44
-27.52
-33.97
Operating Margin (%)
112
128
167
221
233
248
225
207
501
442
413
482
477
454
439
Depreciation Expense
22
29
-35
-43
-168
-50
-12
-19
-395
-101
24
-12
-306
-672
-759
Net Income, GAAP
38.67
40.42
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.33
1.59
-1.61
-1.54
-5.83
-1.78
-0.4
-0.65
-18.24
-4.66
0.79
-0.35
-10.2
-28.8
-34.79
Profit Margin (%)
-351
-174
-30
-149
-475
-455
-64
-86
-759
-584
-1,082
-769
-1,117
-1,461
-1,450
Working Capital
593
556
1,169
1,045
878
250
649
649
1,056
1,407
1,259
1,653
1,233
882
827
LT Debt
550
804
2,187
2,144
1,815
2,845
2,788
2,696
2,236
2,110
2,128
2,078
1,774
1,062
933
Total Equity
- -
3.59
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
4.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
6.25
-4.8
-5.05
-25.41
-8.69
-1.92
-3.39
-132.28
- -
- -
-6.85
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,267
1,314
1,332
LT Borrowings
554
553
541
LT Finance Leases
365
329
286
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,053
1,053
1,053
Market Capitalization
959
759
746

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
291
334
298
Cash, Cash Equivalents & STI
28
52
46
Accounts Receivable, Net
35
47
33
Inventories
152
168
145
Total Current Liabilities
1,706
1,795
1,747
Payables & Accruals
400
429
384
ST Debt
1,267
1,314
1,332
Deferred Revenue
5
13
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.28%
-12.37%
-40.11%
Free Cash Flow
67.24%
48.27%
20.54%
Net Income, GAAP
439.28%
441.33%
119.48%
Sales/Revenue/Turnover
-0.22%
3.75%
-22.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
761
768
727
745
3,002
2025
632
625
525
553
2,334
2026
480
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.05
-0.09
- -
-0.29
2025
-0.03
-0.06
-0.24
- -
-0.64
2026
-0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Mud & Hound Public Company Limited, an investment holding company listed on the Stock Exchange of Thailand (MUD.BK), engages in the retail of food and beverages, garment production and distribution, and related management services primarily in Thailand and select international markets. The company operates through two main segments: Food and Beverage, which produces and distributes snacks, drinks, and ice cream while managing restaurants under franchised and owned brands including Au Bon Pain bakery cafés, Dunkin' Donuts coffee shops, Baskin-Robbins ice cream parlors, Greyhound Café, Another Hound Café, Greyhound Coffee, Kin+Hey by Greyhound Café, M Kitchen hospital catering services, and Le Grand Véfour; and Garment, which manufactures and sells clothing and leather work products under brands such as Greyhound Original and Smileyhound. It maintains over 430 locations across Thailand, Hong Kong, Shanghai, Beijing, Kuala Lumpur, Jakarta, Singapore, and London, targeting consumers in casual dining, fashion retail, and institutional catering sectors. Founded in 2006 and headquartered in Bangkok, Thailand, at 206 Soi Phatthanakan 20, Suan Luang, the company functions as a subsidiary of Sub Sri Thai Public Company Limited. In June 2021, it changed its name from Mudman Public Company Limited to reflect its expanded portfolio of food and hound-related brands. Most recently, on November 12, 2025, Mud & Hound issued high-risk secured debentures totaling THB 360 million, comprising Series 1 (THB 110 million due July 2027 at 6.85% fixed rate) and Series 2 (THB 250 million due February 2028 at 7.10% fixed rate), offered to institutional and high-net-worth investors to support ongoing operations.