Valuation Masan Group Corporation Thailand S.E.

Stocks

MSN19

TH8483124906

Food Processing

End-of-day quote Thailand S.E. 13/08/2026			5-day change	1st Jan Change
2.900 ^THB	+1.40%		+2.11%	-

07-27	Masan Group Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
06-08	Masan Group Corporation Launches USD 750 Million Senior Unsecured Syndicated Loan Facility	CI

Company Valuation: Masan Group Corporation

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	201,872,240	132,406,405	95,866,508	100,684,613	111,335,490	95,864,195	-	-
Change	-	-34.41%	-27.6%	5.03%	10.58%	-13.9%	-	-
Enterprise Value (EV) ¹	237,412,310	132,406,405	148,519,293	140,943,541	164,110,818	149,213,326	141,372,855	132,690,659
Change	-	-44.23%	12.17%	-5.1%	16.44%	-9.08%	-5.25%	-6.14%
P/E	23.5x	37x	228x	52x	28.4x	12.8x	10.3x	8.99x
PBR	6.14x	-	3.61x	3.33x	3.15x	2.28x	1.83x	1.59x
PEG	-	-0.6x	-2.6x	0x	0x	0.1x	0.4x	0.6x
Capitalization / Revenue	2.28x	1.74x	1.23x	1.21x	1.36x	0.87x	0.82x	0.75x
EV / Revenue	2.68x	1.74x	1.9x	1.69x	2.01x	1.36x	1.21x	1.04x
EV / EBITDA	21.8x	14.6x	17.9x	13.7x	14.8x	9.34x	7.92x	6.89x
EV / EBIT	37.8x	28.4x	35.5x	22.8x	21.4x	12.8x	10.7x	10x
EV / FCF	-	-	-85.9x	21.9x	-337x	34.1x	14.8x	15.6x
FCF Yield	-	-	-1.16%	4.56%	-0.3%	2.93%	6.78%	6.41%
Dividend per Share ²	-	-	-	-	-	1,173	1,329	1,608
Rate of return	-	-	-	-	-	1.77%	2%	2.42%
EPS ²	6,058	2,511	294	1,345	2,710	5,178	6,415	7,377
Distribution rate	-	-	-	-	-	22.7%	20.7%	21.8%
Net sales ¹	88,628,767	76,189,225	78,251,619	83,177,720	81,621,329	109,626,922	116,362,984	127,231,006
EBITDA ¹	10,915,173	9,075,694	8,302,418	10,306,344	11,092,993	15,979,080	17,857,620	19,248,540
EBIT ¹	6,283,494	4,669,171	4,178,755	6,173,389	7,664,287	11,673,381	13,222,818	13,224,134
Net income ¹	8,562,882	3,566,996	418,695	1,999,059	4,108,306	7,558,132	9,121,285	10,501,030
Net Debt ¹	35,540,070	-	52,652,785	40,258,928	52,775,328	53,349,131	45,508,660	36,826,464
Reference price ²	142,500.00	93,000.00	67,000.00	70,000.00	77,000.00	66,300.00	66,300.00	66,300.00
Nbr of stocks (in thousands)	1,416,647	1,423,725	1,430,843	1,438,352	1,445,915	1,445,915	-	-
Announcement Date	27/1/22	28/1/23	30/1/24	24/1/25	24/1/26	-	-	-

¹VND in Million²VND

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NESTLÉ S.A.	21.06x	2.89x	14.41x	3.87%	257B
MONDELEZ INTERNATIONAL, INC.	20.24x	2.53x	15.09x	3.24%	81.08B
DANONE	18.24x	1.86x	10.56x	3.46%	50.45B
ARCHER-DANIELS-MIDLAND COMPANY	14.84x	0.55x	9.85x	2.6%	38.63B
THE HERSHEY COMPANY	22.53x	3.4x	13.76x	3.1%	37.4B
AJINOMOTO CO., INC.	39.13x	3.33x	19.4x	0.9%	33.76B
NESTLÉ INDIA LIMITED	69.4x	10.65x	44.16x	1.1%	30.25B
KRAFT HEINZ	102.29x	1.91x	9.51x	6.31%	30.1B
Average	38.47x	3.39x	17.09x	3.07%	69.79B
Weighted average by Cap.	28.45x	3.01x	15.45x	3.4%