Multibax Public Company Limited (MBAX) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.159x

Based on the latest financial reports, Multibax Public Company Limited (MBAX) has a cash flow conversion efficiency ratio of 0.159x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (฿80.92 Million ≈ $2.52 Million USD) by net assets (฿507.81 Million ≈ $15.83 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Multibax Public Company Limited - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Multibax Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Multibax Public Company Limited for a breakdown of total debt and financial obligations.

Multibax Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Multibax Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
S. Pack & Print Public Company Limited BK:SPACK	0.027x
Patriot Resources Ltd AU:PAT	0.050x
Atlantis Yatirim Holding AS IS:ATSYH	-0.001x
Worksport Ltd NASDAQ:WKSP	-0.267x
Blue Energy Ltd AU:BLU	-0.009x
Condor Energy Ltd AU:CND	-0.099x
YOLO GROUP S.P.A. O.N. F:X2Y	N/A
FirstGroup PLC LSE:FGP	0.314x

Annual Cash Flow Conversion Efficiency for Multibax Public Company Limited (2005–2024)

The table below shows the annual cash flow conversion efficiency of Multibax Public Company Limited from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see Multibax Public Company Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿479.92 Million ≈ $14.96 Million	฿-24.43 Million ≈ $-761.42K	-0.051x	-115.40%
2023-12-31	฿498.48 Million ≈ $15.54 Million	฿164.80 Million ≈ $5.14 Million	0.331x	+33.31%
2022-12-31	฿590.33 Million ≈ $18.40 Million	฿146.41 Million ≈ $4.56 Million	0.248x	+235.86%
2021-12-31	฿549.84 Million ≈ $17.14 Million	฿40.60 Million ≈ $1.27 Million	0.074x	-81.30%
2020-12-31	฿594.89 Million ≈ $18.54 Million	฿234.90 Million ≈ $7.32 Million	0.395x	+45.39%
2019-12-31	฿505.18 Million ≈ $15.75 Million	฿137.20 Million ≈ $4.28 Million	0.272x	-35.63%
2018-12-31	฿525.63 Million ≈ $16.38 Million	฿221.75 Million ≈ $6.91 Million	0.422x	+574.21%
2017-12-31	฿504.18 Million ≈ $15.71 Million	฿31.55 Million ≈ $983.33K	0.063x	-89.51%
2016-12-31	฿402.77 Million ≈ $12.55 Million	฿240.29 Million ≈ $7.49 Million	0.597x	+10.53%
2015-12-31	฿388.31 Million ≈ $12.10 Million	฿209.59 Million ≈ $6.53 Million	0.540x	+106.91%
2014-12-31	฿320.85 Million ≈ $10.00 Million	฿83.70 Million ≈ $2.61 Million	0.261x	+465.50%
2013-12-31	฿303.97 Million ≈ $9.47 Million	฿14.02 Million ≈ $437.06K	0.046x	-81.04%
2012-12-31	฿309.81 Million ≈ $9.66 Million	฿75.36 Million ≈ $2.35 Million	0.243x	-51.14%
2011-12-31	฿257.79 Million ≈ $8.04 Million	฿128.34 Million ≈ $4.00 Million	0.498x	+3889.51%
2010-12-31	฿275.32 Million ≈ $8.58 Million	฿3.44 Million ≈ $107.09K	0.012x	-96.83%
2009-12-31	฿316.80 Million ≈ $9.87 Million	฿124.76 Million ≈ $3.89 Million	0.394x	+111.95%
2008-12-31	฿317.76 Million ≈ $9.90 Million	฿59.04 Million ≈ $1.84 Million	0.186x	-19.63%
2007-12-31	฿310.50 Million ≈ $9.68 Million	฿71.78 Million ≈ $2.24 Million	0.231x	-2.75%
2006-12-31	฿169.82 Million ≈ $5.29 Million	฿40.37 Million ≈ $1.26 Million	0.238x	-19.98%
2005-12-31	฿145.76 Million ≈ $4.54 Million	฿43.30 Million ≈ $1.35 Million	0.297x	--

About Multibax Public Company Limited

BK:MBAX Thailand Packaging & Containers

Market Cap

$10.66 Million

฿341.90 Million THB

Market Cap Rank

#26733 Global

#551 in Thailand

Share Price

฿1.72

Change (1 day)

+1.18%

52-Week Range

฿1.33 - ฿2.22

All Time High

฿6.93