Valuation Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust

Stocks

End-of-day quote Thailand S.E. Other stock markets 21/07/2026			5-day change	1st Jan Change
7.750 ^THB	+1.97%		-0.64%	+6.90%

07-01	Thailand Prime Property Freehold And Leasehold Real Estate Investment Trust Announces Partial Redemption Of TPRIME271A Debentures Prior To Maturity Date	CI
05-20	Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust Intends to Redeem Portion of Debentures and Procure Borrowings Not Exceeding THB 300 Million	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	6,898	4,818	4,736	3,832	4,216	3,969
Change	-	-30.16%	-1.7%	-19.08%	10%	-5.84%
Enterprise Value (EV) ¹	8,392	6,468	6,362	5,451	5,855	5,613
Change	-	-22.93%	-1.65%	-14.31%	7.41%	-4.13%
P/E	8.13x	15.2x	15.5x	9.94x	93.2x	19.5x
PBR	1.01x	0.71x	0.7x	0.56x	0.64x	0.61x
PEG	-	-0.2x	-4.72x	0.4x	-1.1x	0x
Capitalization / Revenue	7.47x	5.94x	6.15x	4.78x	5.36x	5.01x
EV / Revenue	9.08x	7.97x	8.26x	6.79x	7.44x	7.08x
EV / EBITDA	12.8x	12.2x	12.9x	10.2x	11.3x	10.6x
EV / EBIT	12.9x	12.2x	13x	10.3x	11.3x	10.6x
EV / FCF	23.2x	20.7x	22.3x	19.4x	21.5x	19.7x
FCF Yield	4.31%	4.84%	4.47%	5.15%	4.65%	5.08%
Dividend per Share ²	0.5953	0.4372	0.432	0.4389	0.4159	0.4206
Rate of return	4.72%	4.97%	4.99%	6.27%	5.4%	5.8%
EPS ²	1.549	0.5775	0.5585	0.7042	0.0826	0.3715
Distribution rate	38.4%	75.7%	77.3%	62.3%	504%	113%
Net sales ¹	924	811.3	770.1	802.5	786.7	792.5
EBITDA ¹	655.1	531.7	492.8	532.9	520.3	531
EBIT ¹	651.5	528.1	489.3	529.3	516.7	527.4
Net income ¹	848.2	316.2	305.8	385.6	45.21	203.4
Net Debt ¹	1,494	1,650	1,626	1,619	1,639	1,644
Reference price ²	12.600	8.800	8.650	7.000	7.700	7.250
Nbr of stocks (in thousands)	547,500	547,500	547,500	547,500	547,501	547,500
Announcement Date	24/02/21	25/02/22	27/02/23	27/02/24	26/02/25	16/02/26

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THAILAND PRIME PROPERTY FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST	-	-	-	-	126M
REALTY INCOME CORPORATION	41.55x	15.97x	16.55x	5.03%	60.64B
UNIBAIL-RODAMCO-WESTFIELD SE	9.48x	12.7x	15.85x	5.25%	17.22B
SEGRO PLC	12.24x	23.07x	27.17x	3.66%	16.2B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.41x	17.16x	25.55x	4.85%	15.22B
KLÉPIERRE	10.95x	13.76x	16.48x	5.15%	12.45B
FEDERAL REALTY INVESTMENT TRUST	31.95x	11.55x	18.23x	3.63%	10.8B
MERLIN PROPERTIES SOCIMI, S.A.	8.01x	22.57x	30.56x	2.78%	10.7B
CAPITALAND ASCENDAS REIT	15.97x	12.37x	19.36x	6.06%	9.71B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	24.07x	7.24x	11.86x	5.8%	8.65B
Average	19.40x	15.15x	20.18x	4.69%	16.17B
Weighted average by Cap.	25.51x	15.73x	19.34x	4.77%