On Tuesday at 10:41 AM (Bangkok time), the share price of Muangthai Capital Public Company Limited (SET: MTC) surged by 2.29% or THB 0.75 to THB 33.50, with a trading value of THB 99.71 million.
InnovestX Securities gives a “Buy” recommendation on MTC as the stock price has short-term catalysts due to the strong growth trend in performance. The analyst expects net profit in 4Q25 to grow by 5% quarter-on-quarter and to increase by 17% year-on-year.
For 2026, MTC’s net profit is anticipated to continue growing at a rate of 15% from the previous year, supported by robust loan portfolio expansion as well as a likely rise in net interest margin (NIM) from lower financial costs.
At the same time, InnovestX sees MTC’s stock valuation as attractive, with the 2026 PER trading at around 8.7 times, compared to EPS growth of 15%. The short-term target price is set at THB 34 per share.
