Valuation: Bhiraj Office Leasehold Real Estate Investment Trust

Market Cap 3.91B 118M 103M 96.83M 88.44M 166M 11.29B 166M 1.16B 448M 5.77B 444M 434M 18.79B P/E 2024
8.03x
P/E 2025 9.73x
Enterprise Value 5.51B 166M 145M 136M 125M 234M 15.9B 233M 1.64B 631M 8.12B 625M 611M 26.46B EV / Sales 2024
5.93x
EV / Sales 2025 6.06x
Free-Float
52.87%
Yield 2024
12.5%
Yield 2025 11.9%
08-14 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
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
1 day+0.95%
1 week+1.92%
Current month+1.92%
1 month+0.95%
6 months+1.92%
Current year+4.95%
1 week 5.2
Extreme 5.2
5.3
1 month 5.1
Extreme 5.1
5.3
Current year 4.98
Extreme 4.98
5.75
1 year 4.82
Extreme 4.82
5.75
3 years 4.26
Extreme 4.26
5.75
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. Importance
5/21/26 Buy

Chairman

51,500 0.0070%
5/20/26 Buy

Chairman

88,900 0.0120%
5/20/26 Buy

Chairman

88,900 0.0120%
Change 5-day change 1-year change 3-year change Capi.($)
+0.95%+1.92%+6.00%-2.75% 116M
+0.28%-0.29%-15.87%+5.63% 10.24B
-0.65%-0.41%-13.86%+0.16% 6.82B
-0.96%-0.70%-11.54%-4.78% 5.25B
+0.84%+3.40%+0.17%+37.95% 4.72B
+0.46%+0.43%+8.94%+45.28% 4.34B
+0.54%+0.36%-23.80%-22.53% 4.22B
+0.43%-0.49%-21.46%+6.17% 4.02B
-0.69%-1.66%+12.96%+41.90% 3.9B
+1.16%+1.47% - - 3.87B
Average +0.24%+0.18%-6.49%+11.89% 4.75B
Weighted average by Cap. +0.11%-0.06%-9.47%+11.52%

Financials

2024 2025
Net sales 896M 27.06M 23.64M 22.18M 20.26M 38.01M 2.59B 37.99M 266M 103M 1.32B 102M 99.37M 4.31B 878M 26.51M 23.16M 21.73M 19.85M 37.24M 2.53B 37.22M 261M 101M 1.29B 99.55M 97.36M 4.22B
Net income 464M 14.02M 12.25M 11.5M 10.5M 19.7M 1.34B 19.69M 138M 53.24M 684M 52.66M 51.5M 2.23B 383M 11.57M 10.11M 9.49M 8.66M 16.26M 1.11B 16.25M 114M 43.93M 565M 43.45M 42.5M 1.84B
Net Debt 1.59B 47.89M 41.84M 39.27M 35.86M 67.29M 4.58B 67.24M 471M 182M 2.34B 180M 176M 7.62B 1.6B 48.2M 42.11M 39.51M 36.09M 67.71M 4.61B 67.67M 474M 183M 2.35B 181M 177M 7.67B
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
26-09-22 THB 5.300 +0.95% 81,400
26-09-21 THB 5.250 0.00% 119,301
26-09-18 THB 5.250 0.00% 13,533
26-09-17 THB 5.250 +0.96% 202,101
26-09-16 THB 5.200 0.00% 324,341

Annual profits - Rate of surprise

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-40%: Exceptional extension
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