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    Real estate development
M.K. Real Estate Development Public Co. Ltd.

M.K. Real Estate Development Public Co. Ltd.

0.55
THB
0.00
(0.00%)
-0.56EPS
811.80MMarket Cap
M.K. Real Estate Development Public Co. Ltd.
SET:MK.R
(Stock Exchange of Thailand)

Recent

price

0.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
2.66
1.56
1.61
2.57
2.41
3.74
2.55
2.72
4.04
3.95
2.72
2.61
2.05
2.07
1.29
0.82
0.63
Revenue per Share
0.55
0.22
0.24
0.4
0.46
0.62
0.31
0.21
0.27
0.16
- -
-0.16
-0.03
-0.62
-0.75
-0.33
-0.56
Basic EPS, GAAP
0.17
-0.21
-0.26
1.15
-0.24
0.96
-1.6
- -
-0.91
0.05
-0.22
1.05
-0.24
1.22
-3.4
-0.06
-0.03
Free Cash Flow per Basic Share
0.22
0.2
0.14
0.16
0.26
0.21
0.22
0.22
0.19
0.01
0.11
- -
- -
0.11
- -
- -
- -
Dividend per Share
5.06
5.19
5.3
5.57
5.77
5.93
6.03
6.01
6.09
6.23
6.09
5.93
5.89
5.17
3.97
3.42
3.13
Book Value per Share
5.03
5.16
5.27
5.55
5.75
4.52
4.26
4.28
4.17
4.04
6.07
5.91
5.86
5.08
3.96
3.41
3.13
Tangible Book Value per Share
975
1,073
1,073
1,073
976
1,003
1,125
1,125
1,125
1,125
1,125
1,125
1,125
1,091
1,121
1,424
1,418
Basic Weighted Avg Shares
2,592
1,673
1,724
2,760
2,347
3,750
2,871
3,064
4,547
4,438
3,057
2,939
2,306
2,262
1,448
1,171
887
Sales/Revenue/Turnover
25.02
18.13
16.98
18.79
22.91
14.69
14.32
11.8
11.83
9.53
-0.89
-8.21
-6.68
-14.8
-19.89
-16.76
-31.91
Operating Margin (%)
25
25
25
26
26
40
121
135
176
211
254
295
275
373
411
337
249
Depreciation Expense
537
234
261
429
447
627
351
233
306
177
-3
-185
-36
-672
-844
-465
-795
Net Income, GAAP
26.1
29.57
21.69
20.24
19.41
15.71
24.83
26.03
20.96
24.5
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
20.7
13.98
15.16
15.53
19.06
16.71
12.22
7.61
6.73
4
-0.11
-6.3
-1.55
-29.71
-58.31
-39.72
-89.56
Profit Margin (%)
4,718
5,215
5,434
4,668
5,669
1,967
5,003
6,597
3,425
3,353
1,291
-747
-155
-1,296
-1,242
-1,758
-1,156
Working Capital
695
1,033
1,119
61
866
2,061
3,815
4,386
5,204
6,044
5,418
6,031
7,085
7,289
7,127
4,013
5,701
LT Debt
4,942
4,915
5,022
5,280
5,470
6,638
6,693
6,668
6,646
6,795
6,641
6,468
6,463
5,672
5,695
4,919
4,511
Total Equity
9.73
3.53
3.54
6.61
6.87
7.07
2.91
2.02
3.03
2.11
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
9.66
3.94
4.11
6.68
6.93
7.43
3.92
2.98
3.83
2.73
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.23
4.75
5.26
8.33
8.33
10.5
5.38
3.55
4.63
2.64
-0.05
-2.83
-0.56
-11.14
-14.95
-8.83
-16.55
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,171
6,683
5,278
LT Borrowings
2,827
2,414
4,520
LT Finance Leases
1,187
1,182
1,181
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,424
1,424
1,424
Market Capitalization
840
726
812

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,963
5,145
5,299
Cash, Cash Equivalents & STI
250
83
290
Accounts Receivable, Net
899
999
1,147
Inventories
1,505
1,481
1,442
Total Current Liabilities
6,721
7,948
6,455
Payables & Accruals
612
811
736
ST Debt
5,171
6,683
5,278
Deferred Revenue
150
1
1

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.81%
-5.63%
-13.64%
Free Cash Flow
-5,182.63%
-354.22%
-97.81%
Net Income, GAAP
680.24%
1,398.54%
-44.9%
Sales/Revenue/Turnover
-8.43%
-16.49%
-19.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
347
311
298
493
1,448
2025
305
346
223
298
1,171
2026
189
177
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.48
-0.05
-0.1
-0.12
-0.75
2025
-0.09
-0.03
-0.1
-0.11
-0.33
2026
-0.11
-0.24
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
M.K. Real Estate Development Public Company Limited (MK.BK) engages in property development, rental, and management activities in Thailand. Founded in 1956 and headquartered in Bangkok, the company develops and sells land plots, detached houses, twin houses, townhomes, and condominiums under brands such as Chuen Cheun; it operates through segments including real estate development, rental of warehouses, factories, buildings, and parking; property management services via subsidiaries like Yours Property Management Co., Ltd.; golf services and sports clubs; and health and wellness centers offering rehabilitation through entities like RX Wellness Co., Ltd. and Health and Wellness Village Co., Ltd. The company maintains operations primarily in key Thai regions such as Pathum Thani, Ram Intra, Bang Na, Jorakay, Bang Bon, Ratchaphruek-Rama 5, Vibhavadi-Rangsit, Kanchanaphisek-Bang Yai, On Nut-Outer Ring Road, Ratchaphruek-Bang Bua Thong, and Rangsit-Klong 1 and Klong 3. Recent developments include Prospect Development Co., Ltd., a key subsidiary, launching the THB 6.5 billion Bangpakong Industrial Estate in Chonburi's Eastern Economic Corridor in 2025 with collaboration from the Industrial Estate Authority of Thailand targeting industries like automotive, electronics, and digital sectors; plans to inject up to THB 3.35 billion in assets into PROSPECT REIT by Q2 2025 for capital recycling; asset dispositions such as a 13.41% stake in S71 Property Co., Ltd. sold to Siri Smart Five Co., Ltd. for THB 830 million and additional unit-level asset sales totaling THB 372.5 million in December 2025; alongside ongoing industrial expansions like BFTZ projects achieving over 90% occupancy.