1. Thailand Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Millcon Steel Public Co. Ltd.

Millcon Steel Public Co. Ltd.

0.01
THB
0.00
(0.00%)
-0.19EPS
697.30MMarket Cap
Millcon Steel Public Co. Ltd.
SET:MILL.R
(Stock Exchange of Thailand)

Recent

price

0.01

P/E

ratio

- -

div

yld

0.00%

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
THB
3.49
3.32
4.69
4.8
2.58
4.35
3.15
4.06
4.06
4.2
3.38
2.16
3.02
3.41
3.33
0.51
0.26
Revenue per Share
0.07
0.04
0.02
0.02
-0.03
-0.46
0.17
0.08
0.02
0.04
-0.01
-0.04
0.07
0.03
-0.17
-0.94
-0.18
Basic EPS, GAAP
-0.3
-0.78
-0.71
-0.23
0.21
-0.25
-0.74
-0.05
0.21
-0.45
0.1
0.34
0.01
-0.07
-0.34
-0.03
-0.03
Free Cash Flow per Basic Share
- -
-0.34
0.02
- -
- -
0.01
- -
0.04
- -
0.01
0.03
0.02
- -
0.01
- -
- -
- -
Dividend per Share
0.76
1.65
0.93
0.98
1.23
1.08
1.42
1.17
1.19
1.21
1.14
1.17
1.24
1.24
1.05
0.07
0.01
Book Value per Share
0.74
1.61
0.91
0.97
1.21
1.08
1.33
1.1
1.12
0.61
0.57
1.1
1.17
1.18
0.99
0.02
-0.03
Tangible Book Value per Share
2,920
2,957
3,193
3,426
5,356
2,383
3,913
4,738
4,834
4,834
5,019
5,296
5,142
5,267
5,701
6,384
7,793
Basic Weighted Avg Shares
10,185
9,819
14,966
16,457
13,811
10,369
12,331
19,214
19,624
20,319
16,958
11,450
15,526
17,937
18,973
3,275
2,028
Sales/Revenue/Turnover
3.75
3.03
2.97
3.67
4.02
1.13
2.31
3.34
4.13
-1.62
1.49
2.99
3.92
0.47
-1.23
-152.12
-34.07
Operating Margin (%)
97
113
81
186
203
212
213
214
287
373
338
367
236
214
203
132
104
Depreciation Expense
203
113
112
142
-114
-999
684
395
127
199
-25
-191
376
158
-941
-6,027
-1,371
Net Income, GAAP
- -
3.75
12.32
- -
- -
- -
12.87
2.65
- -
8.15
- -
- -
1.98
3.75
- -
- -
- -
Effective Tax Rate (%)
1.99
1.15
0.75
0.86
-0.83
-9.63
5.55
2.06
0.65
0.98
-0.15
-1.67
2.42
0.88
-4.96
-184.05
-67.57
Profit Margin (%)
374
215
-1,287
-3,403
-3,626
-3,190
-4,495
-4,002
-2,301
-4,898
-4,122
-4,273
-4,027
-3,182
-4,620
-10,099
-10,455
Working Capital
30
871
1,785
97
66
30
845
354
1,824
2,851
3,928
1,185
854
966
14
330
366
LT Debt
2,409
3,035
3,116
3,293
3,512
4,496
5,818
5,769
5,877
5,912
5,743
5,990
6,342
7,046
6,820
871
390
Total Equity
6.82
4.04
4.1
- -
- -
- -
4.28
2.42
- -
5.1
- -
- -
4.56
3.63
- -
- -
- -
Return on Invested Capital (%)
6.27
4.01
4.17
- -
- -
- -
7.72
6.05
- -
5.2
- -
- -
5.27
3.89
- -
- -
- -
Return on Capital (%)
9.52
4.43
1.7
2.61
-5.41
-28.91
13.34
6.73
1.88
3.07
-0.77
-3.26
6.14
2.4
-14.16
-174
-199.24
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
11,393
11,387
11,110
LT Borrowings
- -
- -
366
LT Finance Leases
16
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,926
7,926
8,716
Market Capitalization
713
634
697

Working Capital

THB

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
3,577
3,706
4,175
Cash, Cash Equivalents & STI
11
21
34
Accounts Receivable, Net
820
925
1,122
Inventories
1,366
1,354
1,589
Total Current Liabilities
14,268
14,442
14,630
Payables & Accruals
1,525
1,701
2,148
ST Debt
11,393
11,387
11,110
Deferred Revenue
840
831
832

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.1%
-13.83%
-87.22%
Free Cash Flow
-126.4%
-115.68%
-89.49%
Net Income, GAAP
-18.92%
29.13%
540.61%
Sales/Revenue/Turnover
0.56%
-11.66%
-82.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3,552
7,385
4,295
3,740
18,973
2024
1,658
911
473
234
3,275
2025
143
656
996
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
-0.01
-0.04
-0.12
-0.17
2024
-0.11
-0.25
-0.49
-0.11
-0.94
2025
-0.04
-0.01
-0.02
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Millcon Steel Public Company Limited (MILL.BK) manufactures and distributes steel products primarily for the construction and industrial sectors in Thailand. The company produces a range of steel items including long steel products such as deformed bars, round bars, and wire rods; flat steel products like hot-rolled coils and sheets; and value-added services encompassing steel cutting, bending, and custom fabrication. It also offers galvanized steel, steel pipes, and structural steel sections under its own brands, catering to construction firms, infrastructure projects, and manufacturing customers. Founded in 1988 and headquartered in Bangkok, Thailand, Millcon Steel operates production facilities across Thailand with distribution networks serving domestic markets and exports to Southeast Asia. The company segments its business into steel manufacturing, trading, and processing, targeting residential, commercial, and industrial construction as well as automotive and machinery sectors. In recent developments, Millcon Steel expanded its production capacity through investments in new rolling mills and advanced manufacturing lines in 2024, enhancing output of high-strength deformed bars for earthquake-resistant structures. The company formed strategic partnerships with regional suppliers for sustainable raw materials and launched eco-friendly galvanized steel products in early 2025 to meet green building standards. Additionally, it pursued acquisitions of smaller steel processors to strengthen its value-added services segment amid Thailand's infrastructure boom.