Valuation Thailand Hospitality Property Fund

Stocks

End-of-day quote Thailand S.E. 2026-09-15			5-day change	1st Jan Change
4.980 ^THB	+0.81%		0.00%	+30.37%

08-14	Thailand Hospitality Property Fund Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-14	Thailand Hospitality Property Fund Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,496	1,290	1,324	1,195	502.2	657
Change	-	-13.79%	2.67%	-9.74%	-57.99%	30.82%
Enterprise Value (EV) ¹	1,454	1,177	1,274	1,132	447.3	505.4
Change	-	-19.07%	8.25%	-11.13%	-60.49%	13%
P/E	34x	13.3x	-126x	-3.58x	1.69x	26.5x
PBR	0.84x	0.7x	0.78x	0.89x	0.31x	0.4x
PEG	-	0x	1x	-0x	-0x	-0.3x
Capitalization / Revenue	11.5x	9x	29.6x	39.6x	13.7x	4.11x
EV / Revenue	11.2x	8.21x	28.5x	37.5x	12.2x	3.17x
EV / EBITDA	-	-	-	-	-	-
EV / EBIT	12.2x	8.78x	36.6x	-21.8x	16.3x	6.74x
EV / FCF	23.8x	40.4x	11.1x	16.1x	-25.6x	6.11x
FCF Yield	4.2%	2.48%	9.02%	6.23%	-3.91%	16.4%
Dividend per Share ²	0.35	0.8	-	-	0.21	-
Rate of return	4.02%	10.7%	-	-	7.19%	-
EPS ²	0.2561	0.5629	-0.061	-1.943	1.732	0.1441
Distribution rate	137%	142%	-	-	12.1%	-
Net sales ¹	129.9	143.4	44.69	30.17	36.76	159.7
EBITDA	-	-	-	-	-	-
EBIT ¹	119.3	134	34.79	-51.84	27.44	75.04
Net income ¹	44.04	96.83	-10.5	-334.2	297.9	24.79
Net Debt ¹	-42.17	-113.1	-50.48	-63.27	-54.98	-151.6
Reference price ²	8.700	7.500	7.700	6.950	2.920	3.820
Nbr of stocks (in thousands)	172,000	172,000	172,000	172,000	172,000	172,000
Announcement Date	2/25/21	2/14/22	2/14/23	2/22/24	2/27/25	2/28/26