1. Thailand Stocks

  2. •

    Utilities

  3. •

    Water utilities
More Return Public Co. Ltd.

More Return Public Co. Ltd.

0.10
THB
0.00
(0.00%)
0.00EPS
20.06P/E
358.84MMarket Cap
More Return Public Co. Ltd.
SET:MORE.R
(Stock Exchange of Thailand)

Recent

price

0.10

P/E

ratio

20.06

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
3.06
2.68
2.32
0.38
0.11
0.09
0.01
0.01
- -
- -
0.02
0.02
0.01
0.01
0.01
0.01
Revenue per Share
0.07
0.1
0.07
-0.01
-0.08
-0.07
-0.05
0.02
- -
-0.01
0.18
- -
-0.02
-0.03
- -
- -
Basic EPS, GAAP
-0.03
-0.29
-0.12
-0.04
-0.04
-0.03
-0.03
-0.01
-0.01
- -
-0.01
-0.01
- -
-0.01
- -
- -
Free Cash Flow per Basic Share
- -
0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.26
0.13
0.16
0.14
0.13
0.05
0.02
0.05
0.05
0.04
0.22
0.26
0.2
0.14
0.14
0.14
Book Value per Share
0.15
0.12
0.13
0.12
0.1
0.03
0.01
0.05
0.05
0.04
0.22
0.25
0.2
0.14
0.14
0.14
Tangible Book Value per Share
360
537
727
3,915
6,100
5,292
5,292
5,480
6,531
6,531
6,531
6,587
7,177
7,177
7,177
7,177
Basic Weighted Avg Shares
1,102
1,439
1,686
1,496
652
457
28
33
2
28
128
101
62
83
73
78
Sales/Revenue/Turnover
2.62
3.48
0.96
-4.95
-78.84
-98.63
-390.22
-11.51
-2,404.43
-190.28
70.99
-17.8
-403.39
-332.13
-37.64
-29.87
Operating Margin (%)
40
48
54
65
61
44
35
2
2
3
9
11
12
13
23
23
Depreciation Expense
24
55
48
-50
-458
-349
-249
116
-16
-47
1,159
14
-138
-181
-1
18
Net Income, GAAP
35.95
19.79
23.05
- -
- -
- -
- -
0.11
- -
- -
0.07
14.01
- -
- -
62.22
13.68
Effective Tax Rate (%)
2.19
3.79
2.85
-3.36
-70.2
-76.27
-881.94
353.92
-730.91
-170.97
907.15
13.73
-220.64
-218.78
-1.25
22.82
Profit Margin (%)
-6
340
309
293
256
-99
-118
175
-64
-172
-121
663
424
296
326
346
Working Capital
- -
1
5
1
- -
27
- -
- -
1
1
- -
- -
- -
- -
- -
- -
LT Debt
119
475
580
590
716
308
153
362
344
295
1,455
1,875
1,386
903
904
914
Total Equity
- -
19.88
7.14
- -
- -
- -
- -
31.71
- -
- -
124.69
-0.92
- -
- -
-1.18
-2.29
Return on Invested Capital (%)
- -
18.42
10.02
- -
- -
- -
- -
34.94
- -
- -
125.02
1.15
- -
- -
-0.37
1.56
Return on Capital (%)
- -
18.38
9.06
-8.95
-75.97
-74.89
-136.87
52.19
-4.72
-15.62
134.93
0.84
-8.32
-14.57
-0.09
1.75
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,177
7,177
7,177
Market Capitalization
287
215
359

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
388
391
411
Cash, Cash Equivalents & STI
90
88
110
Accounts Receivable, Net
13
15
16
Inventories
23
23
23
Total Current Liabilities
62
65
64
Payables & Accruals
41
45
44
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.06%
72.1%
0.07%
Free Cash Flow
1.72%
37.97%
-93.58%
Net Income, GAAP
-392.39%
-762.13%
-99.5%
Sales/Revenue/Turnover
130.3%
64.82%
-11.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19
30
16
18
83
2025
20
18
17
18
73
2026
21
21
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.01
- -
-0.02
-0.03
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
More Return Public Company Limited engages in the trading of energy-saving equipment and related utilities primarily in Thailand. The company operates through three segments: Service, which provides consulting services and organizes concerts; Utilities, which produces and sells treated and clean water, including tap water production, distribution, and water supply system installation; and Trading, which distributes energy-saving devices, renewable energy-related products, pyrolusite mineral water filters, and mosquito repellent spray products. It also offers public utilities, real estate development, property development, entertainment activities, and personnel management services through subsidiaries such as More Network and Engineering Co., Ltd., More Advice Co., Ltd., More Water Solution Co., Ltd., K Waterwork Engineering Company Limited, and More Dan Entertain Co., Ltd. Founded in 2003 and headquartered in Bangkok at Baan Suan Chatuchak Condominium, Vibhavadi Rangsit Road, the company formerly operated as DNA 2002 Public Company Limited and changed its name to More Return Public Company Limited in February 2019. No major acquisitions, partnerships, funding rounds, or new product launches are reported in the last two years.