BTS Group Holdings Public Company Limited (BTS-R.BK)
Bangkok, TH
Based in Bangkok, Thailand, BTS Group Holdings Public Company Limited operates as a diversified enterprise with extensive interests across mass transit, property, media, and various service sectors. The company organizes its operations into three primary segments: Move, Mix, and Match. Within the "Move" segment, BTS Group is instrumental in Thailand's urban transportation, managing and maintaining the renowned BTS SkyTrain system, undertaking the construction, operation, installation, and upkeep of electric rail infrastructure, offering train procurement, and providing bus rapid transit services. The "Mix" segment focuses on media and marketing, delivering comprehensive solutions encompassing both traditional and digital channels, including advertising, digital services, sales support, and system installation and integration. Under the "Match" segment and broader service offerings, BTS Group provides a wide array of services such as insurance brokerage via both online and offline platforms, alongside services related to the popular Rabbit card. Furthermore, the company strategically invests in various ventures, including restaurant management, construction services, golf course operations, and other service-oriented businesses. It also holds stakes in the securities of other corporations, offers architectural and engineering consulting, manages food and beverage establishments, and facilitates electronic payment, e-money, and bill payment services. Its technology arm develops software, provides system integration, and runs CRM loyalty programs and coupon kiosk services. Founded in 1968, the company was originally known as Tanayong Public Company Limited before officially adopting its current name, BTS Group Holdings Public Company Limited, in May 2010.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | -2.86% | -0.97% | -2.86% | -19.05% | -29.17% | -53.21% | -73.19% | -79.08% | -77.46% | -64.15% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
-
Revenue growth Railroads: +4.4%+27.2% ★ Q1'26: +4.6% (vs Q1'25)
-
EPS growth Railroads: +13.1%-147.7% Q1'26: +22.2% (vs Q1'25)
-
FCF margin FCF growth · Railroads: +40.4%+116.6% Q1'26: +36.3% (vs Q1'25)
-
EBIT margin Railroads: +14.1%+3.9% Q1'26: -4.8% (vs Q1'25)
-
ROIC Railroads: +5.9%+0.4% Q1'26: -0.5% (vs Q1'25)
-
Share dilution Railroads: +0.4%+12.3% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Railroads: 1.34×44.10× Q1'26: 68.28× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 6 Rev. Ana. 1 EPS Ana. |
Mar 2027 6 Rev. Ana. 1 EPS Ana. |
Mar 2028 6 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6.14B
est: 6.41B (-4.3%)
|
5.26B
est: 5.47B (-3.7%)
|
7.59B
est: 5.87B (+29.2%)
|
12.17B
est: 13.74B (-11.4%)
|
45.89B
est: 38.54B (+19.1%)
|
34.95B
est: 40.86B (-14.5%)
|
34.72B
est: 33.37B (+4.0%)
|
25.76B
est: 26.30B (-2.0%)
|
18.02B
est: 18.10B (-0.5%)
|
18.17B
est: 18.30B (-0.7%)
|
18.11B
est: 17.01B (+6.5%)
|
24.80B
21.33B – 26.87B
+45.9% YoY
|
26.30B
23.61B – 28.24B
+6.0% YoY
|
28.97B
26.09B – 31.28B
+10.1% YoY
|
| EBITDA |
4.39B
est: 2.61B (+68.0%)
|
2.24B
est: 2.23B (+0.8%)
|
3.63B
est: 2.39B (+51.6%)
|
4.39B
est: 5.60B (-21.6%)
|
3.12B
est: 15.71B (-80.1%)
|
10.17B
est: 16.65B (-38.9%)
|
12.24B
est: 13.60B (-10.0%)
|
9.29B
est: 10.72B (-13.3%)
|
7.60B
est: 7.38B (+3.0%)
|
3.85B
est: 7.46B (-48.3%)
|
12.51B
est: 6.37B (+96.5%)
|
9.29B
7.99B – 10.06B
+45.9% YoY
|
9.85B
8.84B – 10.58B
+6.0% YoY
|
10.85B
9.77B – 11.71B
+10.1% YoY
|
| EBIT |
4.53B
est: 2.22B (+103.7%)
|
5.80B
est: 1.90B (+206.1%)
|
3.13B
est: 2.04B (+53.7%)
|
4.31B
est: 4.76B (-9.5%)
|
2.51B
est: 13.37B (-81.2%)
|
9.48B
est: 14.17B (-33.1%)
|
11.43B
est: 11.57B (-1.3%)
|
8.42B
est: 9.12B (-7.7%)
|
6.63B
est: 6.28B (+5.6%)
|
2.54B
est: 12.61B (-79.8%)
|
10.33B
est: 4.91B (+110.3%)
|
7.16B
6.16B – 7.76B
+45.9% YoY
|
7.60B
6.82B – 8.16B
+6.0% YoY
|
8.37B
7.54B – 9.03B
+10.1% YoY
|
| Net Income |
2.94B
est: 3.81B (-22.8%)
|
4.14B
est: 5.38B (-23.1%)
|
2.00B
est: 2.26B (-11.2%)
|
4.42B
est: 2.55B (+73.3%)
|
2.87B
est: 3.07B (-6.4%)
|
8.16B
est: 5.41B (+50.9%)
|
4.58B
est: 2.85B (+60.4%)
|
3.83B
est: 3.18B (+20.3%)
|
1.84B
est: 2.55B (-28.0%)
|
-5.24B
est: -2.21B (-137.2%)
|
2.12B
est: 2.18B (-2.9%)
|
-483.37M
-531.63M – -420.03M
-122.2% YoY
|
297.90M
258.86M – 327.64M
+161.6% YoY
|
841.31M
731.07M – 925.31M
+182.4% YoY
|
| SGA |
1.14B
est: 1.21B (-6.0%)
|
1.53B
est: 1.03B (+48.0%)
|
2.17B
est: 1.11B (+95.2%)
|
2.28B
est: 2.60B (-12.1%)
|
3.18B
est: 7.28B (-56.3%)
|
3.16B
est: 7.72B (-59.1%)
|
2.60B
est: 6.30B (-58.8%)
|
2.62B
est: 4.97B (-47.2%)
|
4.14B
est: 3.42B (+21.0%)
|
4.63B
est: 3.46B (+33.9%)
|
5.13B
est: 4.01B (+28.1%)
|
5.85B
5.03B – 6.33B
+45.9% YoY
|
6.20B
5.57B – 6.66B
+6.0% YoY
|
6.83B
6.15B – 7.37B
+10.1% YoY
|
| EPS |
0.25
est: 0.27 (-6.0%)
|
0.35
est: 0.38 (-6.8%)
|
0.17
est: 0.16 (+8.0%)
|
0.37
est: 0.18 (+108.2%)
|
0.24
est: 0.21 (+12.1%)
|
0.56
est: 0.38 (+48.4%)
|
0.35
est: 0.20 (+75.9%)
|
0.29
est: 0.22 (+30.8%)
|
0.14
est: 0.18 (-21.3%)
|
-0.40
est: -0.15 (-159.5%)
|
0.15
est: 0.14 (+10.8%)
|
-0.03
-0.03 – -0.03
-122.2% YoY
|
0.02
0.02 – 0.02
+161.6% YoY
|
0.05
0.05 – 0.06
+182.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-12 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-11 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-10 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-09 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-08 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-05 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-04 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-06-02 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-29 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-28 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-27 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-26 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-25 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-22 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-21 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-20 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-19 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-18 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-15 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-14 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-13 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-12 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-11 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-08 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-07 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-06 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-05-05 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-30 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-29 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-28 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-27 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-24 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-23 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-22 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-21 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-20 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-17 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-16 | C | 2/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Thailand ETF THD | 0.30% | 1.09M | 0.59% |
| 2 | iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L | 0.05% | 33.3K | 0.74% |
| 3 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.04% | 137.9K | 0.72% |
| 4 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.03% | 101.3K | 0.74% |
| 5 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.02% | 141.4K | 0.55% |
| 6 | iShares Global Infrastructure UCITS ETF IDIN.L | 0.01% | 321.9K | 0.65% |
| 7 | iShares Global Infrastructure UCITS ETF Accum USD CBUX.DE | 0.01% | 23.3K | 0.65% |
| 8 | State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist) MAGI.L | 0.01% | 90.6K | 0.40% |
| 9 | Franklin FTSE Asia ex China ex Japan UCITS ETF FLQA.L | 0.01% | 33.7K | 0.14% |
| 10 | iShares MSCI EM IMI Screened UCITS ETF SEDM.L | 0.01% | 78.4K | 0.18% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Chi Keung Kong | Deputy Chief Executive Officer & Executive Director | 504.0K | male |
| Rangsin Kritalug | Chief Operating Officer & Executive Director | 504.0K | male |
| Kavin Kanjanapas | Chief Executive Officer & Executive Director | 504.0K | male |
| Surapong Laoha-Unya | Chief Officer of MOVE Business & Executive Director | 504.0K | male |
| Pipop Intaratut | Head of Internal Audit & Data Protection Officer | — | male |
| Sayam Siwarapornskul | Chief Legal Officer | — | male |
| Nuanphan Ougchim | Accounting Director | — | female |
| Daniel Ross | Chief Investment Officer, Head of Investor Relations & Head of Sustainability | — | male |
| Lap Shun Leung | Chief Officer of MIX Business | — | male |
| Chawadee Rungruang | Chief Financial Officer | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for BTS-R.BK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
