Valuation Thailand Future Fund

Stocks

End-of-day quote Thailand S.E. 2026-11-02			5-day change	1st Jan Change
7.000 ^THB	0.00%		+0.72%	+12.00%

08-14	Thailand Future Fund Announces Dividend for the Operation Period from April 1, 2026 to June 30, 2026, Payable on September 11, 2026	CI
05-15	Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2026 to March 31, 2026, Payable on June 16, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: September	2020	2021	2022	2023	2025	2026	2027
Market Cap ¹	34,732	34,046	32,447	31,076	31,990	31,990	-
Change	-	-1.97%	-4.7%	-4.23%	-	0%	-
Enterprise Value (EV) ¹	34,265	33,746	32,447	30,581	31,455	31,440	31,431
Change	-	-1.52%	-3.85%	-5.75%	-	-0.05%	-0.03%
P/E	27.4x	30.3x	17.5x	3.29x	16.5x	16.1x	15.9x
PBR	0.65x	0.64x	0.61x	0.51x	0.61x	0.49x	0.49x
PEG	-	-2.7x	0.3x	0x	-	5.61x	22.01x
Capitalization / Revenue	18.1x	22x	18.1x	15.7x	14x	13.9x	13.6x
EV / Revenue	17.9x	21.8x	18.1x	15.5x	13.7x	13.7x	13.3x
EV / EBITDA	18.8x	29.2x	19.3x	16.2x	14.5x	14.5x	14.2x
EV / EBIT	22.5x	29.2x	19.3x	16.2x	14.5x	14.5x	14.2x
EV / FCF	17.7x	20.8x	-	-	14.5x	19.2x	19.4x
FCF Yield	5.66%	4.81%	-	-	6.9%	5.22%	5.15%
Dividend per Share ²	0.398	0.156	0.092	0.4076	0.474	0.4749	0.4859
Rate of return	5.24%	2.09%	1.3%	5.99%	6.77%	6.78%	6.94%
EPS ²	0.2772	0.2462	0.4051	2.07	0.424	0.4361	0.4393
Distribution rate	144%	63.4%	22.7%	19.7%	112%	109%	111%
Net sales ¹	1,917	1,550	1,794	1,977	2,290	2,303	2,356
EBITDA ¹	1,820	1,156	1,679	1,888	2,172	2,170	2,221
EBIT ¹	1,525	1,156	1,679	1,888	2,171	2,170	2,221
Net income ¹	1,267	1,126	1,851	9,459	2,171	1,991	2,013
Net Debt ¹	-467.3	-301	-	-494.7	-535.2	-550.5	-559.1
Reference price ²	7.600	7.450	7.100	6.800	7.000	7.000	7.000
Nbr of stocks (in thousands)	4,570,000	4,570,000	4,570,000	4,570,000	4,570,000	4,570,000	-
Announcement Date	11/21/20	11/16/21	11/30/22	11/29/23	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THAILAND FUTURE FUND	-	-	-	-	949M
W. P. CAREY INC.	22.25x	12.71x	15.19x	5.8%	14.9B
LAND SECURITIES PLC	8.56x	14.61x	18.9x	6.13%	7.56B
THE GPT GROUP	12.93x	15.13x	16.13x	4.93%	6.65B
ESSENTIAL PROPERTIES REALTY TRUST, INC.	21.47x	13.5x	14.95x	4.65%	6.03B
THE BRITISH LAND COMPANY PLC	8.52x	14.13x	18.01x	5.6%	6.01B
LONDONMETRIC PROPERTY PLC	10.52x	14.93x	15.91x	6.84%	5.89B
GECINA	9.36x	16.26x	19.64x	8.57%	5.42B
MIRVAC GROUP	12.83x	11.61x	13.25x	5.38%	5.18B
EPR PROPERTIES	18.47x	10.18x	12.71x	6.21%	4.57B
Average	13.88x	13.67x	16.08x	6.01%	6.32B
Weighted average by Cap.	14.89x	13.66x	16.10x	5.95%