BKK/MRK03 (BKK/MRK03)

Stock Exchange of Thailand: BKK/MRK03 · THB

THB 2.42

+0.02 (+0.8%)· Recorded snapshot

Market cap	11.9T
Revenue (ttm)	2.2T
Net income (ttm)	105.5B
EPS (ttm)	THB 0.02
P/E (trailing)	112.6x
P/E (forward)	16.8x
Volume	150,039

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 2.2T
Net income (ttm): 105.5B
EPS (ttm): THB 0.02
P/E (trailing): 112.6x
P/E (forward): 16.8x
Market cap: 11.9T

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E16.8

P25 n/aP50 n/aP75 n/a

Trailing P/E112.6

P25 n/aP50 n/aP75 n/a

ROE7

P25 n/aP50 n/aP75 n/a

ROIC14.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BKK/MRK03 indicators

Market & fundamental data

Available fields

198

Groups with data

Currency

USD

Showing 198 of 198 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	THB
Country	United States
Country code	TH
Earnings date	2026-10-29
Employees	75,000
Employees change	0
Employees growth	0%
Enterprise value	THB 13.5T
Exchange	Stock Exchange of Thailand
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-10-19
Fiscal year end	December
Founded	1891
Industry	Drug Manufacturers - General
Is primary listing	No
ISIN number	TH0241129509
Last refreshed	2026-10-28
Market cap	THB 11.9T
Next earnings date	2026-10-29
Price	THB 2.42
Price currency	THB
Sector	Healthcare
SIC code	2834
Stock price date	2026-10-28
Symbol	bkk/MRK03
Website	https://www.merck.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	56.04x
Average P/E ratio (3Y)	100.29x
Average P/E ratio (5Y)	71.09x
Earnings yield	0.89%
EV/Earnings	126.98x
EV/EBIT	16.89x
EV/EBITDA	13.54x
EV/FCF	25.08x
EV/Sales	5.96x
FCF / EV yield	3.99%
FCF yield	4.52%
Forward P/E	16.83x
Graham number	0.379
Graham upside	-84.59%
Lynch fair value	THB 0.11
Lynch upside	-95.54%
P/(FCF - SBC) ratio	23.42x
P/(OCF - SBC) ratio	18.63x
P/B ratio	8.46x
P/E ratio	112.57x
P/FCF ratio	22.12x
P/OCF ratio	17.8x
P/S ratio	5.34x
Price/EBITDA ratio	12.31x
Sector forward P/E	18.41x
Sector P/E	17.56x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	35.28%
EBITDA margin	43.37%
Effective tax rate	46.72%
FCF margin	23.76%
Gross margin	75.9%
Operating margin	35.28%
Pretax margin	8.94%
Profit margin	4.77%
Profit per employee	THB 1.4M
Profitable years	35
Revenue per employee	THB 29.9M
ROA	11.87%
ROA (5Y)	11.18%
ROCE	23.01%
ROE	6.96%
ROE (5Y)	30.37%
ROIC	14.05%
ROIC (5Y)	22.36%
SBC / revenue	1.34%
Tax / revenue	4.17%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-80.37%
EPS growth 10Y	-3.53%
EPS growth 3Y	1.25%
EPS growth 5Y	-10.38%
EPS growth years	2
FCF growth	9.11%
FCF growth (Q)	77.03%
FCF growth (QoQ)	52.96%
FCF growth 3Y	14.05%
FCF growth 5Y	18.23%
Gross profit growth	2.6%
Gross profit growth (Q)	0.52%
Gross profit growth 3Y	5.77%
Gross profit growth 5Y	9.69%
Net income growth	-80.66%
Net income growth 3Y	0.66%
Net income growth 5Y	-10.64%
Net income growth years	2
OCF growth	7.73%
OCF growth (Q)	63.07%
OCF growth (QoQ)	37.06%
OCF growth 10Y	5.83%
OCF growth 3Y	9.82%
OCF growth 5Y	10.91%
Operating income growth	-1.53%
Operating income growth 3Y	5.7%
Operating income growth 5Y	13.81%
Revenue growth	4.64%
Revenue growth (Q)	5.07%
Revenue growth (QoQ)	1.97%
Revenue growth 10Y	5.37%
Revenue growth 3Y	4.51%
Revenue growth 5Y	8.68%
Revenue growth quarters	4
Revenue growth years	6

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	THB -129.8B
Depreciation and amortization	THB 182B
EBIT	THB 781B
EBITDA	THB 960.2B
EPS	THB 0.02
Financing cash flow	THB 205.2B
Free cash flow	THB 534.2B
Free cash flow minus SBC	THB 504.6B
Gross profit	THB 1.7T
Income taxes	THB 92.4B
Investing cash flow	THB -907.8B
Net borrowing	THB 631.3B
Net cash flow	THB -39.3B
Net income	THB 105.5B
Operating cash flow minus SBC	THB 634.4B
Operating income	THB 781B
Revenue	THB 2.2T
Stock-based compensation	THB 29.7B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.6
Book value per share	THB 564.95
Debt / EBITDA	1.84
Debt / equity	1.28
Debt / FCF	3.36
Goodwill	THB 729B
Interest coverage	13.47
Long-term assets	THB 3.1T
Long-term liabilities	THB 2T
Net cash (debt)	THB -1.6T
Net cash / market cap	-13.16%
Net debt / EBITDA	1.62
Net debt / equity	1.11
Net debt / FCF	2.91
Piotroski F-Score	4
Property, plant and equipment	THB 869.4B
Shareholders' equity	THB 1.4T
Tangible book value	THB -153.9B
Tangible book value per share	THB -62.34
Total assets	THB 4.3T
Total cash	THB 237.5B
Total debt	THB 1.8T
Total liabilities	THB 2.9T

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.54
Current assets	THB 1.2T
Current liabilities	THB 936.8B
Current ratio	1.32
Inventory turnover	2.51
Net working capital	THB 154.1B
Quick ratio	0.74
Working capital	THB 297.6B
Working capital turnover	221.67

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.92%
Payout ratio	261.52%
Shareholder yield	1.92%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
1D price change	0.83%
1W price change	-4%
1W total return	-4%
52-week high	THB 2.58
52-week high date	2026-10-26
52-week low	THB 2.36
52-week low date	2026-10-27
All-time high	THB 2.58
All-time high date	2026-10-22
All-time low	THB 2.36
All-time low date	2026-10-27
Average volume	198.2K
Change from 52-week high	-6.2%
Change from 52-week low	0.83%
Change from all-time high	-6.98%
Change from all-time low	1.69%
Change from open	0%
Day's gap	0.83%
Dollar volume	THB 363,094
High price	THB 2.42
Low price	THB 2.38
Monthly RSI	0
Open price	THB 2.42
Position in 52-week range	100%
Previous close	THB 2.40
Relative volume	0.73
RSI	0
Sharpe ratio	-4.29
Sortino ratio	-4.56
Volume	150K
Weekly RSI	0

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	2.5B
Shares change (QoQ)	-0.08%
Shares change (YoY)	-1.92%
Shares held by insiders	0.05%
Shares held by institutions	81.19%
Short ratio	2.6 days

Deeper analysis on BKK/MRK03

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this BKK/MRK03 report

Is a complete BKK/MRK03 research report available?

No complete published report is available for bkk/MRK03 (BKK/MRK03) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

BKK/MRK03 (BKK/MRK03)

Price

Financial snapshot

Fair-value bridge

Latest news · BKK/MRK03

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BKK/MRK03 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BKK/MRK03

Frequently asked questions