Master Ad Public Company Limited, together with its subsidiaries, produces and provides out of home (OOH) advertising media services in Thailand and Malaysia.
The last earnings update was 55 days ago.
Discounted Cash Flow Calculation for SET:MACO using Dividend Discount Model Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future dividends to their present value. This
approach is used for finance firms where free cash flow is difficult to estimate
(e.g. Banks/ Insurance firms).
If the firm does not pay the majority of its earnings out as a dividend this
method will often arrive at a value significantly lower than the share price.
The current share price of
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Master Ad's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Master Ad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Media industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Master Ad's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Master Ad's earnings growth to the Thailand market average as no estimate data is available.
Unable to compare Master Ad's revenue growth to the Thailand market average as no estimate data is available.
Unable to determine if Master Ad is high growth as no earnings estimate data is available.
Unable to determine if Master Ad is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Master Ad's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Chiong Kit Phoon, also known as CK, has been the Chief Executive Officer and Director of Master Ad Public Company Limited since April 1, 2018. Mr. Phoon holds BBA in Business from National University of Singapore. He has been Director of Master and More Co., Ltd.; Green Ad Co.,Ltd.; Inkjet Images(Thailand) Co.,Ltd.; Open play Co.,Ltd.; Landy Development Co.,Ltd.; MACO Outdoor Sdn.Bhd. and Eyeball Channel Sdn.Bhd. since April 2018. He has been Advisor of VGI Global Media PCL. since 2016; Founder and CEO at Max Company Ltd. since 2013. He served as Advisor of Cinemaxx Indonesia from 2014 tlo March 2018; Executive Vice President of GDC Holdings Ltd. from 2010 to 2013; Director of Imagi Animation Studios / Winnington Capital from 2008 to 2010; CEO of Golden Harvest Entertainment Group HK. from 1996 to 2009; Executive Director of various at Golden Harvest JV companies in Singapore, Malaysia and Taiwan from 1998 to 2008; Founder & CEO at Pacific Partners Ltd. since 1997 until 1998. He served at Causeway Holdings Ltd. from 1993 to 1996; Executive Director of Pacific Partners Ltd. from 1990 to 1992; Executive Vice President at Ka Wah Bank Special Recovery Unit from 1987 to 1989 and Executive Director at Associated Hotels Ltd. from 1983 to 1986.
Insufficient data for CK to compare compensation growth.
CK's remuneration is about average for companies of similar size in Thailand.
CEO & Director
CFO & Company Secretary
Chief Technical Officer and Director of Operations & Maintenance
Assistant Director of Finance & Accounting
Assistant Investor Relation Manager
Chief People Officer
Chief Business Development Officer
Head of Internal Audit
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Master Ad board of directors is about average.
Board of Directors
CEO & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Master Ad Public Company Limited, together with its subsidiaries, produces and provides out of home (OOH) advertising media services in Thailand and Malaysia. It offers billboard, street furniture, overseas advertising services, and digital advertising services; provides creative OOH media solutions, which include interior design, projection mapping, mock up, and event, as well as contraction of large billboards; and produces advertising media and billboards. The company also offers design and system installation services; system integration services; and advertising services through the supply of tree wall panels, as well as produces and sells tri-vision equipment. Master Ad Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand.
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