Valuation: Bhiraj Office Leasehold Real Estate Investment Trust

Market Cap 4.06B 122M 107M 98.43M 90.91M 172M 11.64B 175M 1.18B 462M 5.73B 458M 448M 19.71B P/E 2024
8.03x
P/E 2025 9.73x
Enterprise Value 5.65B 170M 149M 137M 127M 240M 16.21B 244M 1.64B 643M 7.99B 638M 624M 27.45B EV / Sales 2024
5.93x
EV / Sales 2025 6.06x
Free-Float
52.83%
Yield 2024
12.5%
Yield 2025 11.9%
05-13 Bhiraj Office Leasehold Real Estate Investment Trust Approves Dividend for the Period from 1 January 2026 to 31 March 2026, Payable on 13 June 2026 CI
05-13 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
02-26 Bhiraj Office Leasehold Real Estate Investment Trust Approves Dividend for the Period from 1 October 2025 to 31 December 2025, Payable on 13 March 2026 CI
02-26 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2025 CI
11-12 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
11-12 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend Payment for the Operating Period from 1 July 2025 to 30 September 2025, Payable on 12 December 2025 CI
25-08-08 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend from the Operating Results Period from 1 April 2025 to 30 June 2025, Payable on 22 August 2025 CI
25-08-08 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
25-05-14 Bhiraj Office Leasehold Real Estate Investment Trust Posts Qtrly Net Investment Income 127.9 Million Baht RE
25-05-14 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
25-05-13 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend for the Period from January 1, 2025 to March 31, 2025, Payable on May 30, 2025 CI
25-04-01 Bhiraj Office Leasehold Real Estate Investment Trust Says No Significant Damage To Buildings After The Earthquake RE
25-02-26 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2024 CI
1 week+2.80%
Current month+3.77%
1 month+3.77%
3 months+2.80%
6 months+7.84%
Current year+8.91%
1 week 5.35
Extreme 5.35
5.5
1 month 5.15
Extreme 5.15
5.5
Current year 4.98
Extreme 4.98
5.75
1 year 4.74
Extreme 4.74
5.75
3 years 4.26
Extreme 4.26
7.4
5 years 4.26
Extreme 4.26
12
10 years 4.26
Extreme 4.26
17.6
Manager TitleAgeSince
Chief Executive Officer - 2024-02-22
Director TitleAgeSince
Chairman - 2017-06-27
Date Insider Type Main position Quantity % Market Cap.
05-20Buy

Chairman

51,500 0.0070%
05-19Buy

Chairman

88,900 0.0120%
05-19Buy

Chairman

88,900 0.0120%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%+2.80%+15.55%-25.68% 122M
-0.16%-3.61%-4.92%+12.59% 10.67B
-0.23%+1.17%-0.08%+10.75% 7.06B
-1.09%-0.59%+1.46%+6.95% 5.37B
-0.03%-2.58%+4.31%+30.71% 4.98B
+0.39%-2.34%+5.29%+20.23% 4.45B
+1.43%+0.71%+15.13%+49.62% 4.41B
0.00%+2.75%-19.05%-27.98% 4.17B
+0.27%-3.05%+29.50%+46.78% 4.11B
+1.78%-4.31%-7.79%+2.54% 3.7B
Average +0.24%-0.80%+3.94%+12.65% 4.9B
Weighted average by Cap. +0.13%-0.97%+1.66%+16.13%

Financials

2024 2025
Net sales 896M 26.93M 23.56M 21.73M 20.07M 38.08M 2.57B 38.72M 260M 102M 1.27B 101M 98.92M 4.35B 878M 26.39M 23.08M 21.29M 19.66M 37.31M 2.52B 37.93M 254M 99.88M 1.24B 99.07M 96.91M 4.26B
Net income 464M 13.96M 12.21M 11.26M 10.4M 19.74M 1.33B 20.07M 135M 52.84M 656M 52.41M 51.27M 2.25B 383M 11.52M 10.07M 9.29M 8.58M 16.28M 1.1B 16.56M 111M 43.6M 541M 43.25M 42.3M 1.86B
Net Debt 1.59B 47.67M 41.7M 38.46M 35.52M 67.4M 4.55B 68.54M 460M 180M 2.24B 179M 175M 7.7B 1.6B 47.97M 41.96M 38.71M 35.75M 67.83M 4.58B 68.97M 462M 182M 2.25B 180M 176M 7.75B
Logo Bhiraj Office Leasehold Real Estate Investment Trust
Bhiraj Office Leasehold Real Estate Investment Trust (the Trust) is a Thailand-based closed-end real estate investment trust (Trust/ REIT). The Trust's objective is to mobilize funds raised from the selling of trust units and loans from financial institutions to invest in the leasehold right of Bhiraj Tower at EmQuartier project that comprises majority of the office rental areas in Bhiraj Tower at EmQuartier and the associated operation areas, including the transferred ownership of utility and movable property, which are related to the operation of office buildings. Its purpose is to encourage corporate governance and to foster equitable treatment for all trust unitholders. It has invested in long-term leasehold rights in two projects: BHIRAJ TOWER at EmQuartier, part of a Mixed-Use Commercial Complex with office buildings and a department store, and BHIRAJ TOWER at BITEC, part of the BITEC Mixed-Use Complex that includes an exhibition center, convention center, and office buildings.
Employees
-
Date Price Change Volume
26-07-10 THB 5.500 0.00% 204,315
26-07-09 THB 5.500 +0.92% 914,322
26-07-08 THB 5.450 0.00% 1,719,261
26-07-07 THB 5.450 -0.91% 627,161
26-07-06 THB 5.500 +2.80% 1,933,009

Annual profits - Rate of surprise

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