Valuation : Bhiraj Office Leasehold Real Estate Investment Trust

Market Cap 380Cr 11Cr 9.9Cr 9.28Cr 8.47Cr 16Cr 1.1TCr 16Cr 110.13Cr 43Cr 554.29Cr 43Cr 42Cr 1.84TCr P/E 2024
8.03x
P/E 2025 9.73x
Enterprise Value 539.59Cr 16Cr 14Cr 13Cr 12Cr 23Cr 1.56TCr 23Cr 156.38Cr 61Cr 787.07Cr 61Cr 60Cr 2.61TCr EV / Sales 2024
5.93x
EV / Sales 2025 6.06x
Free-Float
52.83%
Yield 2024
12.5%
Yield 2025 11.9%
14/08 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
13/05 Bhiraj Office Leasehold Real Estate Investment Trust Approves Dividend for the Period from 1 January 2026 to 31 March 2026, Payable on 13 June 2026 CI
13/05 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
26/02 Bhiraj Office Leasehold Real Estate Investment Trust Approves Dividend for the Period from 1 October 2025 to 31 December 2025, Payable on 13 March 2026 CI
26/02 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2025 CI
12/11 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
12/11 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend Payment for the Operating Period from 1 July 2025 to 30 September 2025, Payable on 12 December 2025 CI
08/25/08 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend from the Operating Results Period from 1 April 2025 to 30 June 2025, Payable on 22 August 2025 CI
08/25/08 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
14/25/14 Bhiraj Office Leasehold Real Estate Investment Trust Posts Qtrly Net Investment Income 127.9 Million Baht RE
14/25/14 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
14/25/14 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend for the Period from January 1, 2025 to March 31, 2025, Payable on May 30, 2025 CI
02/25/02 Bhiraj Office Leasehold Real Estate Investment Trust Says No Significant Damage To Buildings After The Earthquake RE
1 week-1.90%
Current month-6.36%
1 month-6.36%
3 months-2.83%
6 months-5.50%
Current year+1.98%
1 week 5.1
Extreme 5.1
5.25
1 month 5.1
Extreme 5.1
5.6
Current year 4.98
Extreme 4.98
5.75
1 year 4.82
Extreme 4.82
5.75
3 years 4.26
Extreme 4.26
6.3
5 years 4.26
Extreme 4.26
12
10 years 4.26
Extreme 4.26
17.6
Manager TitleAgeSince
Chief Executive Officer - 23/02/2024
Director TitleAgeSince
Chairman - 28/06/2017
Date Insider Type Main position Quantity % Market Cap.
21/05/26 Buy

Chairman

51,500 0.0070%
20/05/26 Buy

Chairman

88,900 0.0120%
20/05/26 Buy

Chairman

88,900 0.0120%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-1.90%+5.10%-18.25% 11Cr
-0.93%+2.44%-4.40%+3.28% 1.11TCr
-1.47%-0.55%-10.20%+5.71% 703.67Cr
-1.18%-0.76%-8.05%-1.51% 535.43Cr
-0.17%-0.81%-0.17%+25.01% 484.59Cr
+0.35%+1.05%-22.77%-24.28% 444.72Cr
+0.01%+0.26%+12.72%+43.70% 433.63Cr
-1.31%-1.01%-12.94%-1.47% 421.15Cr
-1.85%-1.82%+27.14%+41.88% 413.03Cr
-0.52%+0.16%+1.14%+47.84% 407.67Cr
Average -0.71%+0.21%-1.24%+12.19% 496.22Cr
Weighted average by Cap. -0.84%+0.57%-2.98%+12.71%

Financials

2024 2025
Net sales 90Cr 2.71Cr 2.33Cr 2.19Cr 2Cr 3.76Cr 258.87Cr 3.78Cr 26Cr 10Cr 130.68Cr 10Cr 9.95Cr 433.3Cr 88Cr 2.65Cr 2.29Cr 2.14Cr 1.96Cr 3.69Cr 253.62Cr 3.7Cr 25Cr 9.92Cr 128.03Cr 9.96Cr 9.75Cr 424.51Cr
Net income 46Cr 1.4Cr 1.21Cr 1.13Cr 1.04Cr 1.95Cr 134.17Cr 1.96Cr 13Cr 5.25Cr 68Cr 5.27Cr 5.16Cr 224.57Cr 38Cr 1.16Cr 99.82L 93.59L 85.43L 1.61Cr 110.71Cr 1.61Cr 11Cr 4.33Cr 56Cr 4.35Cr 4.25Cr 185.31Cr
Net Debt 158.58Cr 4.79Cr 4.13Cr 3.87Cr 3.54Cr 6.66Cr 458.23Cr 6.68Cr 46Cr 18Cr 231.31Cr 18Cr 18Cr 767Cr 159.59Cr 4.82Cr 4.16Cr 3.9Cr 3.56Cr 6.7Cr 461.13Cr 6.72Cr 46Cr 18Cr 232.78Cr 18Cr 18Cr 771.85Cr
Logo Bhiraj Office Leasehold Real Estate Investment Trust
Bhiraj Office Leasehold Real Estate Investment Trust (the Trust) is a Thailand-based closed-end real estate investment trust (Trust/ REIT). The Trust's objective is to mobilize funds raised from the selling of trust units and loans from financial institutions to invest in the leasehold right of Bhiraj Tower at EmQuartier project that comprises majority of the office rental areas in Bhiraj Tower at EmQuartier and the associated operation areas, including the transferred ownership of utility and movable property, which are related to the operation of office buildings. Its purpose is to encourage corporate governance and to foster equitable treatment for all trust unitholders. It has invested in long-term leasehold rights in two projects: BHIRAJ TOWER at EmQuartier, part of a Mixed-Use Commercial Complex with office buildings and a department store, and BHIRAJ TOWER at BITEC, part of the BITEC Mixed-Use Complex that includes an exhibition center, convention center, and office buildings.
Employees
-
Date Price Change Volume
28/26/28 THB 5.150 0.00% 3,37,501
27/26/27 THB 5.150 -0.96% 3,81,754
26/26/26 THB 5.200 0.00% 2,19,830
25/26/25 THB 5.200 +0.97% 99,885
24/26/24 THB 5.150 -1.90% 5,37,908

Annual profits - Rate of surprise

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