Valuation: Thailand Future Fund

Market Cap 3.22TCr 97Cr 85Cr 80Cr 73Cr 136.53Cr 9.25TCr 137.46Cr 958.26Cr 370.58Cr 4.73TCr 362.47Cr 354.63Cr 15TCr P/E 2025 *
16.6x
P/E 2026 * 16.2x
Enterprise Value 3.17TCr 95Cr 83Cr 79Cr 72Cr 134.26Cr 9.1TCr 135.18Cr 942.34Cr 364.43Cr 4.65TCr 356.45Cr 348.74Cr 15TCr EV / Sales 2025 *
13.8x
EV / Sales 2026 * 13.8x
Free-Float
83.06%
Yield 2025 *
6.72%
Yield 2026 * 6.74%
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+0.71%
Current month+0.71%
1 month-1.40%
3 months+6.02%
6 months+9.30%
Current year+12.80%
1 week 7
Extreme 7
7.15
1 month 6.85
Extreme 6.85
7.15
Current year 6.2
Extreme 6.2
7.2
1 year 6
Extreme 6
7.2
3 years 5.25
Extreme 5.25
7.25
5 years 5.25
Extreme 5.25
8.5
10 years 5.25
Extreme 5.25
13.4
Change 5-day change 1-year change 3-year change Capi.($)
+0.71%0.00%+14.63%-2.76% 95Cr
+1.45%+1.02%+22.19%+24.41% 1.14TCr
+0.71%-3.66%+17.82%+40.13% 374.78Cr
0.00%-0.83%-16.49%-2.46% 96Cr
-0.10%+1.23% - - 74Cr
+1.34%+0.67%+16.38%+62.37% 7.32Cr
+1.79%+4.78%+16.33% - 5.71Cr
Average +0.84%-0.15%+11.81%+24.34% 256.95Cr
Weighted average by Cap. +1.12%-0.85%+18.62%+24.99%

Financials

2025 *2026 *
Net sales 229.04Cr 6.86Cr 6.03Cr 5.69Cr 5.18Cr 9.71Cr 657.54Cr 9.77Cr 68Cr 26Cr 336.16Cr 26Cr 25Cr 1.09TCr 230.31Cr 6.9Cr 6.06Cr 5.72Cr 5.21Cr 9.76Cr 661.19Cr 9.83Cr 68Cr 26Cr 338.02Cr 26Cr 25Cr 1.1TCr
Net income 217.12Cr 6.51Cr 5.72Cr 5.39Cr 4.91Cr 9.2Cr 623.33Cr 9.26Cr 65Cr 25Cr 318.67Cr 24Cr 24Cr 1.03TCr 199.05Cr 5.96Cr 5.24Cr 4.94Cr 4.5Cr 8.43Cr 571.45Cr 8.49Cr 59Cr 23Cr 292.15Cr 22Cr 22Cr 948.76Cr
Net Debt -54Cr -1.6Cr -1.41Cr -1.33Cr -1.21Cr -2.27Cr -153.64Cr -2.28Cr -16Cr -6.16Cr -79Cr -6.02Cr -5.89Cr -255.08Cr -55Cr -1.65Cr -1.45Cr -1.37Cr -1.25Cr -2.33Cr -158.04Cr -2.35Cr -16Cr -6.33Cr -81Cr -6.19Cr -6.06Cr -262.39Cr
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
25/26/25 THB 7.050 +0.71% 4,78,966
24/26/24 THB 7.000 -1.41% 20,77,867
23/26/23 THB 7.100 0.00% 5,91,159
22/26/22 THB 7.100 0.00% 6,63,242
21/26/21 THB 7.100 -0.70% 19,49,547
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
7.050THB
Average target price
7.433THB
Spread / Average Target
+5.44%

Annual profits - Rate of surprise

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