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Market Connections Asia Public Company (MCA) Fair Value & Analysis

Communication Services · TH · Market cap 265M THB

MC Market Connections Asia Public Company MCA · BK
Price1.23 THB
Fair Value1.75 THB
Upside+42.3%
Quality91/100
Evidence: High Range 1.30 THB – 2.19 THB

Fair value as of: Jun 24, 2026

From 15 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 1.01 THB to 1.75 THB (+73.3%) since Jun 23, 2026. Share price +13.2% over the past month.

Price vs Fair Value (12 months)

1.29 THB 0.8445 THB Fair Value 1.75 THB Jun 2025 Jun 2026

12‑month range 0.8445 THB – 1.29 THB · fair‑value band 1.30 THB – 2.19 THB · the 1.23 THB price screens below the 1.75 THB fair value. As of Jun 24, 2026.

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Analysis

Market Connections Asia Public Company (MCA) currently trades at 1.23 THB, while our model-based Fair Value estimate is 1.75 THB — implying the stock looks roughly 42.3% undervalued today. We read business quality at 91/100 (high quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Market Connections Asia Public Company generated revenue of 874M THB at a net margin of 2.4%. Revenue grew 30.2% year over year. It earns a return on equity of 6.6%. Net debt stands at 10.4M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 874M THB
Revenue growth (YoY) +30.2%
Net margin 2.4%
Return on equity 6.6%
Free cash flow −61.0M THB FY2025
P/E ratio 12.8
More key figures
Operating margin 3.4%
EPS (TTM) 0.0900 THB
Dividend yield 3.9%
EPS growth (YoY) -1.1%
Net debt 10.4M THB FY2023

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Market Connections Asia Public Company Limited provides event marketing services in Thailand and Singapore. The company operates through three segments: Marketing Services; Distributor; and Printing and Advertising Media. It offers shopper engagement, including PC/BA/PtG, merchandising, and in-store activation; field force activation, such as trade activation, sales troop/caravan, brand visibility channel penetration, and distribution expansion; experiential marketing comprising roadshow, troop/commando, and caravan; and event marketing, which includes product launch, press conference, teambuilding, seminar, and corporate party. The company also provides local/retail media research analytics; logistics, such as transportation, set up and pull-out, airfare, and tours and trips; and digital solutions comprising interactive games, onsite to online integration, and online conference. In addition, it engages in packing; product consultancy; distribution of consumers products; and printin…

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Market Connections Asia Public Company reported revenue of 658M THB in FY2025 versus 224M THB in FY2022, a compound +43.2%/yr. Reported net income was 20.0M THB in FY2025, compounding +93.9%/yr from FY2022.

Revenue +43.2%/yr
FY22 224M THB
FY23 373M THB
FY24 471M THB
FY25 658M THB
Net income +93.9%/yr
FY22 2.7M THB
FY23 16.5M THB
FY24 25.1M THB
FY25 20.0M THB

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Similar stocks

6 more Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $492.98 $253.58 -49%
Publicis Groupe S.A PGPEF $103.00 $167.37 +62%
Omnicom Group OMC $72.55 $124.48 +72%
Focus Media Information Technology Co 002027 ¥5.39 ¥3.34 -38%
The Trade Desk, Inc TT8 €17.05 €18.89 +11%
BlueFocus Intelligent Communications Group 300058 ¥14.75 ¥2.11 -86%

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Frequently asked questions

Is Market Connections Asia Public Company (MCA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 1.75 THB versus a price of 1.23 THB — about +42% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MCA?
Our 21-model fair value for Market Connections Asia Public Company is 1.75 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 1.23 THB.
What is the quality score of MCA?
Market Connections Asia Public Company has a Quality Score of 91/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Market Connections Asia Public Company (MCA)?
Market Connections Asia Public Company reported trailing-twelve-month revenue of about 874M THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of MCA?
The net profit margin of Market Connections Asia Public Company is about 2.4%, meaning it keeps roughly 2.4% of revenue as net income. Based on the latest reported figures.
Does Market Connections Asia Public Company pay a dividend?
Market Connections Asia Public Company currently shows a dividend yield of about 3.86% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.