M

MK Real Estate Development PCL
SET:MK

Watchlist Manager
MK Real Estate Development PCL
SET:MK
Watchlist
Price: 0.51 THB 2% Market Closed
Market Cap: ฿726.3m
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-56%
5Y
-55%
10Y
-50%
Operating Income
+
3Y
-195%
5Y
-
10Y
-
Net Income
+
3Y
-489%
5Y
-1 725%
10Y
-

Earnings Waterfall
MK Real Estate Development PCL

Income Statement
MK Real Estate Development PCL

Rotate your device to view
Income Statement
Currency: THB
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
86
51
65
57
49
43
36
30
38
42
41
41
27
25
29
28
28
23
19
17
19
20
22
23
20
17
15
13
12
11
7
5
6
7
10
9
7
7
5
7
7
10
9
7
6
2
2
2
3
4
10
18
37
60
84
118
147
173
194
211
222
245
264
279
288
292
305
312
312
330
339
354
359
389
414
442
450
0
0
264
562
482
691
750
699
715
739
756
671
0
0
0
Revenue
874
N/A
857
-2%
1 163
+36%
1 206
+4%
1 537
+27%
1 425
-7%
1 524
+7%
1 583
+4%
1 644
+4%
2 090
+27%
2 288
+9%
2 501
+9%
2 283
-9%
2 030
-11%
1 811
-11%
1 769
-2%
1 927
+9%
2 033
+5%
2 143
+5%
2 052
-4%
1 986
-3%
1 918
-3%
1 899
-1%
2 107
+11%
2 158
+2%
2 565
+19%
2 603
+1%
2 611
+0%
2 497
-4%
2 665
+7%
2 681
+1%
2 351
-12%
2 627
+12%
2 082
-21%
2 194
+5%
2 311
+5%
1 673
-28%
1 641
-2%
1 500
-9%
1 489
-1%
1 724
+16%
1 938
+12%
2 136
+10%
2 487
+16%
2 760
+11%
2 595
-6%
2 407
-7%
2 344
-3%
2 347
+0%
2 360
+1%
2 213
-6%
2 724
+23%
3 750
+38%
3 871
+3%
4 176
+8%
3 699
-11%
2 871
-22%
2 966
+3%
2 975
+0%
2 919
-2%
3 064
+5%
3 672
+20%
4 329
+18%
4 409
+2%
4 547
+3%
5 085
+12%
4 803
-6%
4 822
+0%
4 438
-8%
3 282
-26%
3 079
-6%
3 068
0%
3 057
0%
2 988
-2%
2 677
-10%
2 723
+2%
2 939
+8%
2 934
0%
2 878
-2%
3 138
+9%
2 306
-27%
2 253
-2%
2 623
+16%
2 278
-13%
2 262
-1%
2 187
-3%
1 649
-25%
1 245
-24%
1 448
+16%
1 405
-3%
1 440
+2%
1 366
-5%
Gross Profit
Cost of Revenue
(594)
(553)
(728)
(725)
(898)
(827)
(900)
(932)
(943)
(1 205)
(1 315)
(1 446)
(1 364)
(1 213)
(1 085)
(1 057)
(1 138)
(1 212)
(1 291)
(1 264)
(1 240)
(1 196)
(1 172)
(1 284)
(1 322)
(1 555)
(1 569)
(1 567)
(1 482)
(1 592)
(1 617)
(1 421)
(1 577)
(1 250)
(1 308)
(1 383)
(1 004)
(985)
(903)
(917)
(1 070)
(1 237)
(1 392)
(1 617)
(1 810)
(1 678)
(1 535)
(1 442)
(1 392)
(1 422)
(1 345)
(1 699)
(2 557)
(2 616)
(2 819)
(2 527)
(1 864)
(1 920)
(1 931)
(1 910)
(2 006)
(2 484)
(2 951)
(2 973)
(3 062)
(3 466)
(3 185)
(3 249)
(3 005)
(2 148)
(2 125)
(2 147)
(2 181)
(2 166)
(1 949)
(1 994)
(2 371)
(2 349)
(2 283)
(2 252)
(1 447)
(1 386)
(1 475)
(1 634)
(1 641)
(1 647)
(1 423)
(892)
(1 026)
(929)
(960)
(916)
Gross Profit
280
N/A
304
+9%
435
+43%
481
+11%
638
+33%
598
-6%
625
+4%
651
+4%
701
+8%
885
+26%
973
+10%
1 055
+8%
919
-13%
817
-11%
726
-11%
712
-2%
790
+11%
821
+4%
853
+4%
788
-8%
745
-5%
722
-3%
727
+1%
823
+13%
836
+2%
1 010
+21%
1 034
+2%
1 044
+1%
1 015
-3%
1 073
+6%
1 064
-1%
931
-13%
1 050
+13%
832
-21%
885
+6%
928
+5%
669
-28%
657
-2%
597
-9%
572
-4%
655
+14%
700
+7%
744
+6%
871
+17%
949
+9%
917
-3%
872
-5%
902
+3%
955
+6%
938
-2%
868
-7%
1 025
+18%
1 192
+16%
1 256
+5%
1 357
+8%
1 172
-14%
1 007
-14%
1 047
+4%
1 045
0%
1 010
-3%
1 058
+5%
1 188
+12%
1 378
+16%
1 436
+4%
1 485
+3%
1 619
+9%
1 618
0%
1 572
-3%
1 434
-9%
1 135
-21%
954
-16%
921
-3%
876
-5%
822
-6%
728
-11%
728
+0%
568
-22%
584
+3%
595
+2%
886
+49%
859
-3%
868
+1%
1 148
+32%
644
-44%
620
-4%
540
-13%
226
-58%
353
+56%
422
+19%
476
+13%
481
+1%
450
-6%
Operating Income
Operating Expenses
(35)
(120)
(148)
(155)
(118)
(139)
(165)
(181)
(226)
(268)
(286)
(287)
(268)
(268)
(264)
(284)
(292)
(296)
(305)
(277)
(279)
(227)
(204)
(217)
(261)
(273)
(279)
(264)
(246)
(270)
(304)
(315)
(353)
(284)
(284)
(306)
(323)
(316)
(303)
(310)
(319)
(332)
(347)
(350)
(392)
(392)
(391)
(387)
(383)
(386)
(401)
(461)
(598)
(420)
(442)
(435)
(596)
(478)
(500)
(466)
(702)
(610)
(634)
(719)
(947)
(890)
(971)
(956)
(1 011)
(794)
(825)
(874)
(903)
(649)
(627)
(856)
(810)
(834)
(861)
(953)
(1 013)
(1 042)
(1 079)
(910)
(1 020)
(1 098)
(1 036)
(825)
(791)
(662)
(647)
(648)
Selling, General & Administrative
(134)
(117)
(157)
(177)
(193)
(217)
(252)
(263)
(296)
(321)
(320)
(320)
(352)
(303)
(304)
(316)
(321)
(315)
(318)
(310)
(321)
(315)
(296)
(285)
(269)
(271)
(275)
(277)
(271)
(296)
(331)
(350)
(389)
(379)
(378)
(381)
(326)
(359)
(347)
(358)
(321)
(375)
(393)
(402)
(393)
(426)
(422)
(429)
(381)
(419)
(437)
(477)
(612)
(652)
(675)
(672)
(544)
(648)
(670)
(675)
(648)
(794)
(847)
(903)
(880)
(994)
(1 054)
(1 035)
(1 011)
(908)
(840)
(874)
(903)
(913)
(890)
(856)
(810)
(834)
(861)
(953)
(1 013)
(1 042)
(1 079)
(1 042)
(955)
(948)
(869)
(772)
(710)
(627)
(629)
(612)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(7)
0
0
0
(6)
0
0
0
(6)
0
0
0
(6)
0
0
0
(5)
0
0
0
(38)
0
0
0
(36)
0
0
0
(45)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
98
(3)
10
22
75
79
87
82
70
53
35
33
84
35
40
32
29
19
13
33
43
88
92
68
8
(2)
(3)
12
26
26
27
35
36
95
95
75
9
44
45
48
8
43
46
52
7
34
31
42
4
34
36
15
19
232
234
237
(14)
169
170
209
(18)
184
212
184
(22)
104
83
80
0
113
16
0
0
263
263
0
0
0
0
0
0
0
0
132
(64)
(149)
(167)
(53)
(81)
(35)
(17)
(36)
Operating Income
244
N/A
185
-24%
287
+56%
326
+14%
520
+59%
459
-12%
460
+0%
470
+2%
475
+1%
617
+30%
687
+11%
768
+12%
651
-15%
549
-16%
462
-16%
428
-7%
498
+16%
525
+6%
548
+4%
511
-7%
467
-9%
495
+6%
523
+6%
606
+16%
575
-5%
737
+28%
755
+2%
780
+3%
769
-1%
803
+4%
760
-5%
616
-19%
697
+13%
548
-21%
602
+10%
622
+3%
346
-44%
341
-2%
294
-14%
262
-11%
335
+28%
369
+10%
397
+8%
521
+31%
557
+7%
525
-6%
481
-8%
516
+7%
572
+11%
553
-3%
467
-15%
564
+21%
595
+6%
836
+41%
915
+10%
737
-19%
411
-44%
568
+38%
544
-4%
543
0%
356
-35%
578
+63%
743
+29%
717
-4%
538
-25%
729
+36%
648
-11%
617
-5%
423
-31%
340
-19%
130
-62%
46
-64%
(27)
N/A
172
N/A
102
-41%
(128)
N/A
(241)
-89%
(249)
-3%
(266)
-7%
(67)
+75%
(154)
-129%
(174)
-13%
69
N/A
(266)
N/A
(399)
-50%
(558)
-40%
(811)
-45%
(472)
+42%
(369)
+22%
(186)
+50%
(166)
+11%
(199)
-20%
Pre-Tax Income
Interest Income Expense
(108)
(68)
(83)
(71)
(47)
(38)
(31)
(28)
(23)
(29)
(25)
(23)
(24)
(22)
(26)
(26)
26
30
32
31
(19)
(21)
(20)
(20)
(14)
(15)
(16)
(16)
(16)
(16)
(13)
(14)
(16)
(15)
(17)
(14)
(13)
(15)
(17)
0
(1)
(3)
(2)
(19)
(18)
(17)
(17)
(18)
(16)
(14)
(20)
19
17
(6)
(30)
(110)
(156)
(180)
(201)
(218)
(232)
(258)
(276)
(291)
(239)
(244)
(178)
(184)
(245)
(341)
(347)
(88)
(79)
(360)
(334)
(359)
(91)
(130)
(189)
(220)
(487)
(357)
(355)
(469)
(163)
(312)
42
(110)
(3)
(0)
(477)
(425)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
134
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(101)
(293)
(538)
(503)
(403)
(210)
55
17
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
288
288
Total Other Income
0
(0)
(0)
0
0
0
(0)
(0)
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
0
(0)
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
206
0
0
0
191
(0)
(0)
0
85
(9)
(9)
(9)
58
24
55
72
96
114
97
103
57
108
136
169
149
167
151
129
104
123
137
146
(34)
(63)
(73)
(75)
Pre-Tax Income
137
N/A
117
-15%
205
+76%
255
+25%
473
+85%
421
-11%
428
+2%
442
+3%
452
+2%
588
+30%
662
+13%
745
+13%
627
-16%
526
-16%
436
-17%
402
-8%
524
+30%
556
+6%
580
+4%
542
-7%
448
-17%
474
+6%
502
+6%
586
+17%
561
-4%
723
+29%
739
+2%
764
+3%
753
-1%
787
+5%
748
-5%
602
-19%
740
+23%
533
-28%
585
+10%
608
+4%
333
-45%
326
-2%
278
-15%
262
-5%
335
+28%
366
+9%
395
+8%
502
+27%
539
+7%
508
-6%
464
-9%
498
+7%
556
+12%
539
-3%
448
-17%
583
+30%
745
+28%
830
+11%
885
+7%
626
-29%
461
-26%
387
-16%
344
-11%
325
-5%
315
-3%
320
+2%
467
+46%
425
-9%
384
-10%
476
+24%
461
-3%
424
-8%
235
-45%
23
-90%
(162)
N/A
31
N/A
(10)
N/A
(73)
-647%
(135)
-84%
(384)
-184%
(276)
+28%
(272)
+1%
(318)
-17%
(118)
+63%
(492)
-317%
(364)
+26%
(135)
+63%
(606)
-347%
(558)
+8%
(1 039)
-86%
(1 169)
-12%
(939)
+20%
(809)
+14%
(459)
+43%
(372)
+19%
(393)
-6%
Net Income
Tax Provision
0
0
0
0
0
0
0
0
(8)
(45)
(71)
(115)
(168)
(150)
(141)
(138)
(143)
(151)
(166)
(155)
(157)
(154)
(154)
(162)
(155)
(189)
(196)
(217)
(213)
(221)
(210)
(173)
(190)
(144)
(160)
(163)
(99)
(92)
(73)
(58)
(74)
(79)
(81)
(105)
(109)
(104)
(95)
(102)
(108)
(104)
(86)
(114)
(117)
(138)
(153)
(106)
(114)
(110)
(88)
(86)
(82)
(69)
(115)
(107)
(80)
(88)
(67)
(57)
(58)
(33)
(14)
(56)
6
27
55
117
88
84
90
35
(21)
(57)
(144)
(97)
(121)
(156)
(111)
(115)
(41)
10
(67)
(74)
Income from Continuing Operations
137
117
205
255
473
421
428
442
444
544
591
630
459
376
295
264
381
405
414
387
291
320
348
424
406
534
543
547
541
566
538
429
550
389
425
445
235
234
205
205
261
287
315
397
430
404
369
396
448
435
361
468
628
692
732
520
347
277
255
240
233
251
353
319
303
388
394
366
177
(10)
(176)
(25)
(3)
(46)
(80)
(267)
(188)
(188)
(228)
(83)
(513)
(421)
(279)
(703)
(679)
(1 196)
(1 280)
(1 054)
(850)
(449)
(439)
(467)
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(2)
(2)
(2)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(1)
(0)
(1)
(1)
(1)
(1)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(2)
(2)
(2)
(1)
0
3
4
6
5
3
1
0
1
1
2
1
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
5
7
9
10
8
7
7
7
6
6
6
7
7
Net Income (Common)
158
N/A
160
+1%
249
+56%
607
+143%
840
+38%
768
-9%
775
+1%
446
-42%
448
+0%
799
+78%
846
+6%
885
+5%
714
-19%
405
-43%
324
-20%
292
-10%
409
+40%
407
-1%
415
+2%
387
-7%
332
-14%
319
-4%
347
+9%
422
+22%
404
-4%
533
+32%
542
+2%
546
+1%
540
-1%
566
+5%
538
-5%
429
-20%
549
+28%
389
-29%
424
+9%
444
+5%
234
-47%
233
0%
204
-12%
204
+0%
260
+27%
286
+10%
313
+10%
396
+26%
429
+8%
403
-6%
368
-9%
395
+7%
447
+13%
433
-3%
360
-17%
467
+30%
627
+34%
691
+10%
732
+6%
523
-29%
351
-33%
283
-19%
261
-8%
242
-7%
233
-4%
251
+8%
354
+41%
320
-9%
306
-4%
389
+27%
394
+1%
366
-7%
177
-52%
(10)
N/A
(176)
-1 681%
(25)
+86%
(3)
+86%
(46)
-1 247%
(80)
-73%
(267)
-235%
(185)
+31%
(188)
-1%
(228)
-22%
(78)
+66%
(36)
+54%
58
N/A
201
+247%
(225)
N/A
(672)
-198%
(1 188)
-77%
(1 273)
-7%
(1 048)
+18%
(844)
+19%
(443)
+47%
(432)
+3%
(460)
-7%
EPS (Diluted)
0.18
N/A
0.17
-6%
0.28
+65%
0.69
+146%
0.97
+41%
0.87
-10%
0.84
-3%
0.51
-39%
0.5
-2%
0.83
+66%
0.88
+6%
0.92
+5%
0.74
-20%
0.42
-43%
0.33
-21%
0.3
-9%
0.42
+40%
0.43
+2%
0.44
+2%
0.41
-7%
0.34
-17%
0.33
-3%
0.36
+9%
0.44
+22%
0.42
-5%
0.56
+33%
0.57
+2%
0.57
N/A
0.57
N/A
0.6
+5%
0.57
-5%
0.46
-19%
0.58
+26%
0.41
-29%
0.45
+10%
0.47
+4%
0.25
-47%
0.25
N/A
0.22
-12%
0.22
N/A
0.27
+23%
0.3
+11%
0.33
+10%
0.42
+27%
0.45
+7%
0.43
-4%
0.39
-9%
0.41
+5%
0.47
+15%
0.45
-4%
0.38
-16%
0.5
+32%
0.64
+28%
0.63
-2%
0.67
+6%
0.49
-27%
0.32
-35%
0.25
-22%
0.23
-8%
0.21
-9%
0.21
N/A
0.23
+10%
0.33
+43%
0.3
-9%
0.28
-7%
0.36
+29%
0.36
N/A
0.34
-6%
0.16
-53%
-0.01
N/A
-0.16
-1 500%
-0.02
+88%
0
N/A
-0.04
N/A
-0.07
-75%
-0.24
-243%
-0.17
+29%
-0.17
N/A
-0.21
-24%
-0.07
+67%
-0.03
+57%
0.05
N/A
0.18
+260%
-0.2
N/A
-0.62
-210%
-1.09
-76%
-1.17
-7%
-0.96
+18%
-0.75
+22%
-0.31
+59%
-0.3
+3%
-0.34
-13%

See Also

Summary
MK intrinsic value, competitors valuation, and company profile.
DCF Valuation
MK stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MK stock valuation using valuation multiples.
Wall Street Estimates
MK price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MK stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 312,000+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.