Valuation Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust

Stocks

End-of-day quote Thailand S.E. Other stock markets 23/07/2026			5-day change	1st Jan Change
7.700 ^THB	-0.65%		+1.32%	+6.21%

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THAILAND PRIME PROPERTY FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST	-	-	-	-	125M
REALTY INCOME CORPORATION	42.02x	16.06x	16.65x	4.99%	61.17B
SEGRO PLC	13.39x	24.54x	28.91x	3.35%	17.67B
UNIBAIL-RODAMCO-WESTFIELD SE	9.5x	12.71x	15.86x	5.24%	17.22B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.16x	17.02x	25.34x	4.91%	15.04B
KLÉPIERRE	11.1x	13.87x	16.62x	5.08%	12.6B
FEDERAL REALTY INVESTMENT TRUST	31.21x	11.62x	18.33x	3.6%	10.89B
MERLIN PROPERTIES SOCIMI, S.A.	8.11x	22.77x	30.83x	2.75%	10.81B
CAPITALAND ASCENDAS REIT	15.84x	12.31x	19.26x	6.1%	9.64B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	24.7x	7.32x	12x	5.66%	8.88B
Average	19.56x	15.36x	20.42x	4.63%	16.41B
Weighted average by Cap.	25.70x	16.00x	19.63x	4.7%