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Valuation: Thailand Future Fund

Market Cap 29.93B 916M 792M 730M 683M 1.28B 87.11B 1.3B 8.66B 3.37B 42.43B 3.44B 3.36B 148B P/E Ratio 2025 *
14.9x
P/E Ratio 2026 * 15x
Enterprise Value 29.4B 900M 778M 717M 671M 1.26B 85.55B 1.28B 8.5B 3.31B 41.67B 3.38B 3.3B 146B EV / Sales 2025 *
12.9x
EV / Sales 2026 * 12.8x
Free-Float
82.73%
Yield 2025 *
7.23%
Yield 2026 * 7.25%
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
03-12 Thailand Future Fund Announces Advisory Committee Changes, Effective March 12, 2026 CI
02-27 DBS Bank Downgrades Thailand Future Fund to Hold from Buy; Price Target is THB7 MT
02-17 Thailand Future Fund Approves 29th Dividend from October 1, 2025 to December 31, 2025, Payable on March 18, 2026 CI
02-02 Thailand Future Fund Announces Changes in Investment Advisory Committee Membership, Effective February 2, 2026 CI
11-27 Thailand Future Fund Approves 28Th Dividend from July 1, 2025 to September 30, 2025, Payable on December 25, 2025 CI
18/08/25 Thailand Future Fund Approves Dividend for the Period from April 1, 2025 to June 30, 2025, Payable September 15, 2025 CI
16/05/25 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2025 to March 31, 2025, Payable on June 16, 2025 CI
17/02/25 Thailand Future Fund Declares Dividend for Period During October 1, 2024 to December 31, 2024, Payable on March 17, 2025 CI
07/02/25 Thailand Future Fund Announces Investment Advisory Committee Member Changes CI
03/10/24 Investment: 5 markets that could benefit from the Chinese awakening Zonebourse
16/08/24 Thailand Future Fund Approves Dividend for the Period from April 1, 2024 to June 30, 2024, Payable September 13, 2024 CI
16/05/24 Thailand Future Fund Approves Dividend for the Period from January 1, 2024 to March 31, 2024, Payable June 14, 2024 CI
1 week-1.50%
1 month-1.50%
6 months+6.50%
Current year+4.80%
1 week 6.55
Extreme 6.55
6.65
1 month 6.5
Extreme 6.5
6.7
Current year 6.2
Extreme 6.2
6.95
1 year 5.45
Extreme 5.45
6.95
3 years 5.25
Extreme 5.25
7.9
5 years 5.25
Extreme 5.25
8.65
10 years 5.25
Extreme 5.25
13.4
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-1.50%+11.97%-13.82% 915M
+0.38%+0.99%+13.78%+16.56% 11.56B
-1.91%+3.65%-5.46%+51.29% 4B
+2.08%-5.41%-12.50%+3.81% 983M
-0.33%-0.44% - - 681M
0.00%0.00%-29.87%-67.66% 170M
+0.85%-0.83%+38.37%+96.69% 91.64M
-1.80%-4.84%+38.31% - 53.05M
Average -0.09%-1.00%+7.80%+14.48% 2.31B
Weighted average by Cap. -0.08%+0.73%+7.68%+21.73%

Financials

2025 *2026 *
Net sales 2.29B 69.94M 60.5M 55.73M 52.14M 97.79M 6.65B 99.23M 661M 257M 3.24B 262M 257M 11.34B 2.3B 70.47M 60.95M 56.15M 52.54M 98.53M 6.7B 99.99M 666M 259M 3.26B 264M 259M 11.42B
Net income 2.17B 66.3M 57.35M 52.83M 49.43M 92.7M 6.31B 94.07M 627M 244M 3.07B 249M 244M 10.75B 1.99B 60.91M 52.68M 48.53M 45.41M 85.16M 5.79B 86.42M 576M 224M 2.82B 229M 224M 9.87B
Net Debt -535M -16.38M -14.16M -13.05M -12.21M -22.9M -1.56B -23.23M -155M -60.17M -759M -61.45M -60.14M -2.65B -550M -16.85M -14.57M -13.42M -12.56M -23.55M -1.6B -23.9M -159M -61.89M -780M -63.22M -61.87M -2.73B
Logo Thailand Future Fund
Thailand Future Fund (the Fund) is a Thailand-based closed-end non-redeemable mutual fund. The Fund's objective is to utilize the proceeds from the offering of investment units by investing in infrastructure businesses that have the potential to generate returns and create income for the Fund. Additionally, it aims to achieve continuous growth in investment returns to enable the Fund to distribute returns to unitholders. Investments may also include other securities and/or the utilization of benefits from other means, as prescribed by securities laws and/or other relevant regulations. The Company’s projects include the Chalongrat Expressway Project (Ram Intra-Achanong) and the Buraphawithi Expressway Project (Bangna-Chonburi). The Fund is jointly managed by Krungthai Asset Management Public Company Limited (KTAM) and MFC Asset Management Public Company Limited (MFC) (collectively known as the Management Companies). Kasikornbank Public Company Limited serves as the Fund’s supervisor.
Employees
-
Date Price Change Volume
12/06/26 6.550 ฿ 0.00% 5,531,232
11/06/26 6.550 ฿ 0.00% 2,782,197
10/06/26 6.550 ฿ 0.00% 1,139,721
09/06/26 6.550 ฿ -0.76% 1,568,943
08/06/26 6.600 ฿ -0.75% 1,309,369
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
6.550THB
Average target price
7.167THB
Spread / Average Target
+9.41%

Annual profits - Rate of surprise

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