Make To Win Holding Public Company Limited

Make To Win Holding Public Company Limited

0.86
THB
-0.02
(-2.27%)
-0.02EPS
685.82MMarket Cap
Make To Win Holding Public Company Limited
SET:MTW
(Stock Exchange of Thailand)

Recent

price

0.86

P/E

ratio

- -

div

yld

3.59%

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
THB
0.35
0.43
0.48
0.78
0.43
0.37
0.44
Revenue per Share
0.02
0.04
0.04
0.08
-0.03
-0.03
-0.02
Basic EPS, GAAP
0.04
- -
-0.3
-0.43
- -
0.08
-0.05
Free Cash Flow per Basic Share
0.05
- -
0.1
- -
- -
- -
0.03
Dividend per Share
0.54
0.58
0.76
0.84
0.81
0.8
0.81
Book Value per Share
0.54
0.58
0.76
0.84
0.81
0.8
0.81
Tangible Book Value per Share
500
500
515
674
674
812
857
Basic Weighted Avg Shares
174
213
250
527
290
297
377
Sales/Revenue/Turnover
13.75
16.23
11.21
16.1
-1.87
-6.32
-1.74
Operating Margin (%)
12
11
9
13
19
24
25
Depreciation Expense
11
20
19
54
-20
-26
-15
Net Income, GAAP
19.83
20.09
13.47
17.92
- -
- -
- -
Effective Tax Rate (%)
6.55
9.31
7.76
10.29
-6.79
-8.6
-3.92
Profit Margin (%)
85
117
282
194
133
172
169
Working Capital
1
- -
27
19
7
1
44
LT Debt
298
325
568
633
612
782
794
Total Equity
- -
7.72
4.58
8.63
- -
- -
- -
Return on Invested Capital (%)
- -
4.12
3.6
6
- -
- -
- -
Return on Capital (%)
- -
7.09
4.82
10.02
-3.53
-4.09
-2.02
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
197
171
242
LT Borrowings
- -
46
43
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
879
879
879
Market Capitalization
783
739
686

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
423
413
448
Cash, Cash Equivalents & STI
4
3
2
Accounts Receivable, Net
15
22
32
Inventories
288
288
318
Total Current Liabilities
251
199
279
Payables & Accruals
44
7
20
ST Debt
197
171
242
Deferred Revenue
1
12
5

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.97%
27.82%
Free Cash Flow
- -
-2,034.74%
-1,958.65%
Net Income, GAAP
- -
29.04%
29.67%
Sales/Revenue/Turnover
- -
21.66%
2.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
111
65
47
67
290
2025
98
79
55
66
297
2026
62
194
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
0.03
- -
- -
- -
- -
Business
Maketowin Holding Public Company Limited is a Thailand-based garment manufacturer and distributor founded in 1996 and headquartered in Sam Phran, Nakhon Pathom. The company specializes in producing and distributing high-quality ready-made clothing, including products made from various fabrics such as cotton, spandex, CVC (Cotton 80% + Polyester 20%), TC (Cotton 35% + Polyester 65%), and TK (Polyester 100%). Its core product range includes t-shirts, polo shirts, V-neck shirts, tank tops, and other finished garment products, marketed under its own brands as well as through original equipment manufacturer (OEM) services. Maketowin employs modern machinery and technology integrated via an Enterprise Resource Planning (ERP) system to ensure quality control and efficient production processes. Recently, the company has undertaken strategic efforts to expand market share and enhance brand reputation, including the development of a customer service center aimed at supporting after-sales services such as maintenance, technical consultation, spare parts procurement, and product quality assurance. This initiative aligns with the company's long-term business growth plan to improve competitiveness and customer satisfaction. Maketowin Holding went public with an initial public offering (IPO) on the Stock Exchange of Thailand in December 2022, marking a significant milestone in its corporate development. Additionally, the company has invested in associate companies to support business restructuring and expand its range of business solutions, including marketing communication and human resource management. The company operates primarily in Thailand and serves a diverse clientele ranging from retail brands to corporate clients requiring high-volume garment production. Its manufacturing capabilities cover fabric weaving, cutting, sewing, silk screening, and embroidery, supported by experienced professionals in each operational department. Maketowin Holding continuously upgrades its production capacity and maintains an emphasis on quality fabric, durability, and detailed craftsmanship to meet industry standards and customer expectations. The company's ongoing strategic initiatives focus on operational efficiency, expanding service offerings, and strengthening market position within the garment manufacturing and distribution industry.