Valuation: Thailand Future Fund

Market Cap 3.24TCr 98Cr 85Cr 79Cr 72Cr 135.93Cr 9.37TCr 138.17Cr 931.49Cr 364.2Cr 4.69TCr 367.76Cr 359.78Cr 16TCr P/E 2025 *
16.7x
P/E 2026 * 17.1x
Enterprise Value 3.19TCr 96Cr 83Cr 78Cr 71Cr 133.69Cr 9.21TCr 135.89Cr 916.13Cr 358.2Cr 4.61TCr 361.69Cr 353.84Cr 15TCr EV / Sales 2025 *
13.9x
EV / Sales 2026 * 13.9x
Free-Float
83.06%
Yield 2025 *
6.68%
Yield 2026 * 6.7%
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
16/24/16 Thailand Future Fund Approves Dividend for the Period from January 1, 2024 to March 31, 2024, Payable June 14, 2024 CI
1 day-0.70%
1 week-0.70%
Current month+2.90%
1 month+5.97%
3 months+7.58%
6 months+5.19%
Current year+13.60%
1 week 7.1
Extreme 7.1
7.2
1 month 6.75
Extreme 6.75
7.2
Current year 6.2
Extreme 6.2
7.2
1 year 5.8
Extreme 5.8
7.2
3 years 5.25
Extreme 5.25
7.6
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.($)
-0.70%-0.70%+17.36%-5.33% 98Cr
+0.64%+1.35%+12.16%+22.18% 1.18TCr
-2.00%+0.19%+2.22%+54.40% 382.48Cr
-1.24%-1.24%-16.14%-0.42% 96Cr
+0.33%+1.23% - - 71Cr
0.00%-2.25%-44.23%-70.81% 14Cr
+1.51%-9.89%+27.89%+93.12% 8.55Cr
+3.99%+1.06%+25.05% - 6.13Cr
Average +0.32%-2.32%+3.47%+15.52% 232.19Cr
Weighted average by Cap. -0.07%+0.96%+8.48%+25.99%

Financials

2025 *2026 *
Net sales 229.04Cr 6.91Cr 5.97Cr 5.61Cr 5.1Cr 9.59Cr 661.15Cr 9.75Cr 66Cr 26Cr 331.08Cr 26Cr 25Cr 1.1TCr 229.25Cr 6.92Cr 5.98Cr 5.62Cr 5.11Cr 9.6Cr 661.77Cr 9.76Cr 66Cr 26Cr 331.39Cr 26Cr 25Cr 1.1TCr
Net income 217.12Cr 6.55Cr 5.66Cr 5.32Cr 4.84Cr 9.1Cr 626.76Cr 9.25Cr 62Cr 24Cr 313.86Cr 25Cr 24Cr 1.04TCr 189.5Cr 5.72Cr 4.94Cr 4.64Cr 4.22Cr 7.94Cr 547.02Cr 8.07Cr 54Cr 21Cr 273.93Cr 21Cr 21Cr 910.31Cr
Net Debt -54Cr -1.62Cr -1.4Cr -1.31Cr -1.19Cr -2.24Cr -154.48Cr -2.28Cr -15Cr -6.01Cr -77Cr -6.07Cr -5.93Cr -257.08Cr -55Cr -1.66Cr -1.44Cr -1.35Cr -1.23Cr -2.31Cr -158.91Cr -2.34Cr -16Cr -6.18Cr -80Cr -6.24Cr -6.1Cr -264.45Cr
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
14/26/14 THB 7.100 -0.70% 23,68,692
13/26/13 THB 7.150 -0.69% 19,33,016
11/26/11 THB 7.200 +0.70% 12,17,330
10/26/10 THB 7.150 0.00% 26,00,169
07/26/07 THB 7.150 0.00% 48,96,250
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
7.100THB
Average target price
7.250THB
Spread / Average Target
+2.11%

Annual profits - Rate of surprise

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