Other Items - Minor International PCL (SET:MINT)

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Price: 22.9 THB Market Closed

Market Cap: ฿129.8B

Minor International PCL
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Minor International PCL
Other Items Peer Comparison

Company		Other Items	CAGR 3Y	CAGR 5Y	CAGR 10Y
M	Minor International PCL SET:MINT	Other Items ฿4.9B	CAGR 3-Years -8%	CAGR 5-Years N/A	CAGR 10-Years N/A
S	Shangri-La Hotel PCL SET:SHANG	Other Items -฿552m	CAGR 3-Years N/A	CAGR 5-Years N/A	CAGR 10-Years -4%
E	Erawan Group PCL SET:ERW	Other Items ฿10.7m	CAGR 3-Years -82%	CAGR 5-Years -18%	CAGR 10-Years -8%
D	Dusit Thani PCL SET:DUSIT	Other Items ฿1.1B	CAGR 3-Years 22%	CAGR 5-Years 21%	CAGR 10-Years N/A
C	Central Plaza Hotel PCL SET:CENTEL	Other Items -฿1.1B	CAGR 3-Years 1%	CAGR 5-Years -37%	CAGR 10-Years -35%
A	Asset World Corp PCL SET:AWC	Other Items -฿5.3B	CAGR 3-Years -151%	CAGR 5-Years 27%	CAGR 10-Years N/A

Minor International PCL
Glance View

Market Cap

129.8B THB

Industry

Hotels, Restaurants & Leisure

Minor International PCL has carved its identity in the bustling heart of Southeast Asia's vibrant economic landscape, growing from humble beginnings into a formidable player in the global hospitality and lifestyle sectors. Founded by American-born entrepreneur William Heinecke in 1967, the company began its journey in food and hospitality, gradually expanding its footprint far beyond Thailand's borders. Today, Minor International's operations encompass a comprehensive portfolio that spans across hotels, restaurants, and lifestyle brands, marking its presence in over 60 countries. The conglomerate's backbone is its diverse collection of luxury and upscale properties under well-regarded brands such as Anantara, Avani, and Tivoli, each catering to distinct demographics and enriching the travel experiences of millions annually. The revenue engine of Minor International is powered by these multiple sectors in a finely-tuned symphony. In hospitality, strategic acquisitions and a focus on high-quality service drive consistent occupancy rates and customer loyalty, generating substantial revenues through room bookings and associated services. Meanwhile, the company’s restaurant group is a dining powerhouse in itself, where franchises like The Pizza Company, Swensen's, and Dairy Queen attract a steady flow of patrons across Asia, generating a robust stream of revenue. Furthermore, its lifestyle segment, which encompasses fashion and wellness brands, responds nimbly to evolving consumer trends. This diverse tapestry of business investments coalesces to position Minor International as a resilient entity, adept at navigating market fluctuations while steadily capturing growth opportunities across the globe.

View MINT Analysis

MINT Intrinsic Value

Undervaluation 52%

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What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Minor International PCL
SET:MINT

Minor International PCL
Other Items

Minor International PCL
Other Items Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Minor International PCL
Glance View

See Also

What is Minor International PCL's Other Items?

Other Items
4.9B THB

What is Minor International PCL's Other Items growth rate?

Other Items CAGR 3Y
-8%

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Minor International PCL SET:MINT

Minor International PCL Other Items

Minor International PCL Other Items Peer Comparison

Competitors Analysis Latest Figures & CAGR of Competitors

Minor International PCL Glance View

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What is Minor International PCL's Other Items? Other Items 4.9B THB

What is Minor International PCL's Other Items growth rate? Other Items CAGR 3Y -8%

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Minor International PCL
SET:MINT

Minor International PCL
Other Items

Minor International PCL
Other Items Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Minor International PCL
Glance View

What is Minor International PCL's Other Items?

Other Items
4.9B THB

What is Minor International PCL's Other Items growth rate?

Other Items CAGR 3Y
-8%