Finansia Syrus Securities projects that Mister D.I.Y. Holding Thailand, or MRDIYT, will report a second-quarter 2026 core profit of 752 million baht, up 19% from a year earlier and 11% from the previous quarter. The growth is driven by an expected 18% increase in total sales from new store openings and a gross margin improvement to 52%, even though same-store sales are forecast to edge down 1.3% due to softer purchasing power late in the quarter. Investors should monitor the same-store sales trend in the third quarter of 2026 and the impact of foreign exchange on gross margins. The stock currently trades at a 2026 price-to-earnings ratio of around 20 times, which already reflects the growth, prompting a downgrade to Hold with a maintained target price of 10.40 baht.
MR. D.I.Y. Holding (Thailand) Public Company LimitedAnalyst downgrades to Hold, citing that the current P/E already reflects growth
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