1. Thailand Stocks

  2. •

    Health services

  3. •

    Medical/Nursing services
Master Style Public Company Limited

Master Style Public Company Limited

8.25
THB
+0.10
(+1.23%)
0.70EPS
12.24P/E
2.59BMarket Cap
Nov 17Next Earn
Master Style Public Company Limited
SET:MASTER.R
(Stock Exchange of Thailand)

Recent

price

8.25

P/E

ratio

12.24

div

yld

4.08%

ROIC.AI

2019
2020
2021
2023
2024
2025
TTM
THB
- -
2.03
2.19
6.41
7.06
6.28
5.9
Revenue per Share
- -
0.43
0.54
1.39
1.68
0.66
0.7
Basic EPS, GAAP
- -
0.53
0.67
-0.95
0.16
0.84
0.73
Free Cash Flow per Basic Share
- -
- -
0.33
0.25
0.01
0.8
0.34
Dividend per Share
0.19
0.85
0.55
9.91
11.58
11.44
11.46
Book Value per Share
0.19
0.84
0.53
9.89
11.56
11.42
11.44
Tangible Book Value per Share
302
302
302
299
302
300
306
Basic Weighted Avg Shares
- -
611
660
1,917
2,135
1,885
1,809
Sales/Revenue/Turnover
- -
27.41
32.02
27.38
28.05
14.55
14.77
Operating Margin (%)
- -
23
31
62
127
157
159
Depreciation Expense
- -
129
163
416
508
198
215
Net Income, GAAP
- -
20.73
20.38
20.1
18.51
20.19
18.57
Effective Tax Rate (%)
- -
21.04
24.68
21.72
23.78
10.5
11.91
Profit Margin (%)
-47
150
54
1,523
-130
-48
-148
Working Capital
9
134
141
294
528
410
351
LT Debt
58
256
167
2,991
3,495
3,451
3,456
Total Equity
- -
52.84
44.61
22.73
12.82
4.75
4.86
Return on Invested Capital (%)
- -
57.61
47.7
23.74
13.99
5.38
5.9
Return on Capital (%)
- -
81.76
76.97
26.37
15.66
5.7
6.32
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
183
183
183
LT Borrowings
121
92
63
LT Finance Leases
290
289
288
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
302
302
302
Market Capitalization
2,248
2,595
2,595

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
367
332
272
Cash, Cash Equivalents & STI
120
103
115
Accounts Receivable, Net
19
16
14
Inventories
133
112
114
Total Current Liabilities
416
424
420
Payables & Accruals
117
120
114
ST Debt
183
183
183
Deferred Revenue
102
107
108

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
403.32%
-1.24%
Free Cash Flow
- -
- -
418.1%
Net Income, GAAP
- -
- -
-61%
Sales/Revenue/Turnover
- -
- -
-11.72%
Total Cash Common Dividend
- -
- -
5,656.18%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
468
510
522
635
2,135
2025
474
495
446
470
1,885
2026
436
457
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.28
0.35
0.73
1.68
2025
0.18
0.17
0.14
0.15
0.66
2026
0.2
0.21
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
0.78
- -
- -
0.8
2026
- -
0.33
- -
- -
- -
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Business
Master Style Public Company Limited manages a comprehensive cosmetic surgery medical facility, known as Masterpiece Hospital, situated in Thailand. This specialized institution delivers a wide array of aesthetic services, encompassing procedures like rhinoplasty, breast augmentation, various eye surgeries, and facial contouring. Additionally, it offers liposuction and body reshaping, hair transplants and associated treatments, alongside contemporary skin and laser therapy options. The company began its operations as a clinic in 2012, later establishing itself as a hospital and is based in Bangkok, Thailand.