Valuation: Bhiraj Office Leasehold Real Estate Investment Trust

Market Cap 4.1B 124M 107M 100M 91.95M 173M 11.77B 176M 1.18B 462M 5.9B 465M 455M 19.83B P/E 2024
8.03x
P/E 2025 9.73x
Enterprise Value 5.69B 172M 149M 140M 128M 241M 16.36B 244M 1.64B 642M 8.2B 646M 632M 27.56B 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+0.91%
Current month+0.91%
1 month+3.74%
3 months-2.63%
6 months+6.73%
Current year+9.90%
1 week 5.45
Extreme 5.45
5.6
1 month 5.45
Extreme 5.45
5.65
Current year 4.98
Extreme 4.98
5.75
1 year 4.76
Extreme 4.76
5.75
3 years 4.26
Extreme 4.26
7.2
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.
6/25/25 Buy

Chairman

150,000 0.0203%
6/24/25 Buy

Chairman

150,000 0.0203%
6/20/25 Buy

Chairman

50,000 0.0068%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%+0.91%+12.35%-22.38% 124M
-1.71%-5.70%+4.10%+0.41% 11.17B
+0.93%-6.93%-5.85%+7.69% 7.22B
+0.42%-5.31%-3.16%+4.55% 5.5B
-3.02%-7.65%+11.72%+27.15% 5.06B
+0.17%+1.17%-15.22%-24.60% 4.57B
-3.54%-5.45%-1.43%+1.61% 4.5B
-0.45%-2.28%+32.85%+43.01% 4.22B
-0.63%-1.42%-4.64%-2.29% 3.95B
-0.57%+1.30%-1.71%+49.17% 3.88B
Average -0.84%-1.81%+2.90%+8.43% 5.02B
Weighted average by Cap. -0.94%-2.16%+1.69%+9.52%

Financials

2024 2025
Net sales 896M 27.07M 23.51M 21.98M 20.11M 37.93M 2.58B 38.49M 258M 101M 1.29B 102M 99.44M 4.34B 878M 26.53M 23.03M 21.54M 19.71M 37.16M 2.52B 37.71M 252M 99.06M 1.26B 99.58M 97.42M 4.25B
Net income 464M 14.03M 12.18M 11.39M 10.42M 19.66M 1.33B 19.95M 134M 52.4M 669M 52.68M 51.54M 2.25B 383M 11.58M 10.05M 9.4M 8.6M 16.22M 1.1B 16.46M 110M 43.24M 552M 43.47M 42.53M 1.86B
Net Debt 1.59B 47.93M 41.61M 38.91M 35.6M 67.14M 4.56B 68.13M 456M 179M 2.28B 180M 176M 7.68B 1.6B 48.23M 41.87M 39.16M 35.83M 67.57M 4.59B 68.56M 459M 180M 2.3B 181M 177M 7.73B
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
26-08-06 THB 5.550 0.00% 473,000
26-08-05 THB 5.550 0.00% 448,400
26-08-04 THB 5.550 0.00% 17,859
26-08-03 THB 5.550 +0.91% 34,946
26-07-31 THB 5.500 0.00% 282,110

Annual profits - Rate of surprise

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