Valuation : Thailand Future Fund

Market Cap 3.2TCr 96Cr 83Cr 78Cr 71Cr 133.69Cr 9.18TCr 134.65Cr 923.83Cr 359.44Cr 4.65TCr 362.08Cr 354.21Cr 15TCr P/E 2025 *
16.5x
P/E 2026 * 16.1x
Enterprise Value 3.15TCr 95Cr 82Cr 77Cr 70Cr 131.46Cr 9.02TCr 132.4Cr 908.37Cr 353.42Cr 4.57TCr 356.02Cr 348.29Cr 15TCr EV / Sales 2025 *
13.7x
EV / Sales 2026 * 13.7x
Free-Float
83.06%
Yield 2025 *
6.77%
Yield 2026 * 6.78%
14/08 Thailand Future Fund Announces Dividend for the Operation Period from April 1, 2026 to June 30, 2026, Payable on September 11, 2026 CI
15/05 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2026 to March 31, 2026, Payable on June 16, 2026 CI
12/03 Thailand Future Fund Announces Advisory Committee Changes, Effective March 12, 2026 CI
27/02 DBS Bank Downgrades Thailand Future Fund to Hold from Buy; Price Target is THB7 MT
17/02 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
27/11 Thailand Future Fund Approves 28Th Dividend from July 1, 2025 to September 30, 2025, Payable on December 25, 2025 CI
18/25/18 Thailand Future Fund Approves Dividend for the Period from April 1, 2025 to June 30, 2025, Payable September 15, 2025 CI
17/25/17 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2025 to March 31, 2025, Payable on June 16, 2025 CI
17/25/17 Thailand Future Fund Declares Dividend for Period During October 1, 2024 to December 31, 2024, Payable on March 17, 2025 CI
07/25/07 Thailand Future Fund Announces Investment Advisory Committee Member Changes CI
03/24/03 Investment: 5 markets that could benefit from the Chinese awakening Zonebourse
16/24/16 Thailand Future Fund Approves Dividend for the Period from April 1, 2024 to June 30, 2024, Payable September 13, 2024 CI
1 day-0.67%
3 months-0.67%
6 months+8.03%
Current year+6.47%
Current year 6.75
Extreme 6.75
7.45
1 year 6.75
Extreme 6.75
7.45
3 years 5.05
Extreme 5.05
7.95
5 years 2.96
Extreme 2.96
8.5
10 years 2.96
Extreme 2.96
30
Change 5-day change 1-year change 3-year change Capi.($)
-0.67%-.--% - - 96Cr
-1.54%-3.82%+16.02%+20.14% 1.19TCr
+1.64%+7.68%+14.39%+56.42% 398.56Cr
+0.40%+2.85%-11.54%+7.20% 102.21Cr
-1.41%-2.10%+18.64%-7.28% 96Cr
+0.21%+0.44% - - 73Cr
-0.34%-11.80%+13.69%+63.84% 7.6Cr
-0.68%-0.68%+34.40% - 6.25Cr
Average -0.18%-2.02%+14.27%+28.06% 267.46Cr
Weighted average by Cap. -0.51%-1.52%+14.29%+26.18%

Financials

2025 *2026 *
Net sales 229.04Cr 6.9Cr 5.94Cr 5.58Cr 5.1Cr 9.57Cr 656.94Cr 9.64Cr 66Cr 26Cr 333.12Cr 26Cr 25Cr 1.1TCr 230.31Cr 6.94Cr 5.98Cr 5.61Cr 5.12Cr 9.62Cr 660.58Cr 9.69Cr 67Cr 26Cr 334.97Cr 26Cr 26Cr 1.11TCr
Net income 217.12Cr 6.55Cr 5.64Cr 5.29Cr 4.83Cr 9.07Cr 622.76Cr 9.14Cr 63Cr 24Cr 315.79Cr 25Cr 24Cr 1.05TCr 199.05Cr 6Cr 5.17Cr 4.85Cr 4.43Cr 8.32Cr 570.93Cr 8.38Cr 57Cr 22Cr 289.51Cr 23Cr 22Cr 958.6Cr
Net Debt -54Cr -1.61Cr -1.39Cr -1.3Cr -1.19Cr -2.24Cr -153.5Cr -2.25Cr -15Cr -6.01Cr -78Cr -6.06Cr -5.93Cr -257.72Cr -55Cr -1.66Cr -1.43Cr -1.34Cr -1.22Cr -2.3Cr -157.9Cr -2.32Cr -16Cr -6.19Cr -80Cr -6.23Cr -6.1Cr -265.11Cr
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
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
7.000THB
Average target price
7.433THB
Spread / Average Target
+6.19%

Annual profits - Rate of surprise