Valuation : Thailand Future Fund

Market Cap 31.99B 964M 830M 780M 712M 1.34B 91.76B 1.35B 9.24B 3.59B 46.53B 3.62B 3.54B 154B P/E 2025 *
16.5x
P/E 2026 * 16.1x
Enterprise Value 31.45B 948M 816M 767M 700M 1.31B 90.22B 1.32B 9.08B 3.53B 45.75B 3.56B 3.48B 151B EV / Sales 2025 *
13.7x
EV / Sales 2026 * 13.7x
Free-Float
83.06%
Yield 2025 *
6.77%
Yield 2026 * 6.78%
Aug. 14 Thailand Future Fund Announces Dividend for the Operation Period from April 1, 2026 to June 30, 2026, Payable on September 11, 2026 CI
May. 15 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2026 to March 31, 2026, Payable on June 16, 2026 CI
Mar. 12 Thailand Future Fund Announces Advisory Committee Changes, Effective March 12, 2026 CI
Feb. 27 DBS Bank Downgrades Thailand Future Fund to Hold from Buy; Price Target is THB7 MT
Feb. 17 Thailand Future Fund Approves 29th Dividend from October 1, 2025 to December 31, 2025, Payable on March 18, 2026 CI
Feb. 02 Thailand Future Fund Announces Changes in Investment Advisory Committee Membership, Effective February 2, 2026 CI
Nov. 27 Thailand Future Fund Approves 28Th Dividend from July 1, 2025 to September 30, 2025, Payable on December 25, 2025 CI
25-08-18 Thailand Future Fund Approves Dividend for the Period from April 1, 2025 to June 30, 2025, Payable September 15, 2025 CI
25-05-16 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2025 to March 31, 2025, Payable on June 16, 2025 CI
25-02-17 Thailand Future Fund Declares Dividend for Period During October 1, 2024 to December 31, 2024, Payable on March 17, 2025 CI
25-02-07 Thailand Future Fund Announces Investment Advisory Committee Member Changes CI
24-10-03 Investment: 5 markets that could benefit from the Chinese awakening Zonebourse
24-08-16 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%-.--% - - 964M
-0.21%-2.79%+17.27%+21.43% 11.88B
+1.64%+7.68%+14.39%+56.42% 3.99B
+0.40%+2.85%-11.54%+7.20% 1.02B
-1.41%-2.10%+18.64%-7.28% 964M
+0.75%+0.80% - - 735M
+0.34%-14.45%+10.27%+58.90% 76M
-0.68%-0.68%+34.40% - 62.53M
Average -0.00%-2.02%+13.91%+27.34% 2.67B
Weighted average by Cap. +0.14%-1.52%+15.10%+27.01%

Financials

2025 *2026 *
Net sales 2.29B 69.04M 59.45M 55.82M 50.95M 95.72M 6.57B 96.4M 661M 257M 3.33B 259M 254M 11.03B 2.3B 69.43M 59.78M 56.13M 51.24M 96.25M 6.61B 96.94M 665M 259M 3.35B 261M 255M 11.09B
Net income 2.17B 65.45M 56.35M 52.91M 48.3M 90.74M 6.23B 91.39M 627M 244M 3.16B 246M 240M 10.46B 1.99B 60M 51.66M 48.51M 44.28M 83.19M 5.71B 83.78M 575M 224M 2.9B 225M 220M 9.59B
Net Debt -535M -16.13M -13.89M -13.04M -11.91M -22.37M -1.53B -22.53M -155M -60.13M -778M -60.57M -59.26M -2.58B -550M -16.59M -14.29M -13.42M -12.25M -23.01M -1.58B -23.17M -159M -61.85M -801M -62.31M -60.95M -2.65B
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