Finansia Syrus Securities Public Company Limited, or FSS, has upgraded its investment recommendation on shares of Mr. D.I.Y. Holding (Thailand) Public Company Limited, or MRDIYT, to "Buy" with a target price of 10.40 baht, citing a more attractive upside gap between the share price and the target price. FSS estimates that MRDIYT's third-quarter 2026 profit is likely to grow around 13-15% year on year, slowing from the first half of 2026 when profit grew 21.2% year on year, weighed down by promotional activities and inventory clearance during the low season. However, FSS expects profit to accelerate again in the fourth quarter of 2026, projecting growth of about 20% year on year, supported by the positive effect of product price increases. For the full year 2026, FSS maintains its forecast that MRDIYT's profit will grow approximately 16% compared with the previous year.
MR. D.I.Y. Holding (Thailand) Public Company LimitedFSS upgraded MRDIYT to Buy with a 10.40 baht target, citing a wider upside gap and forecasting ~16% full-year 2026 profit growth.
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