Valuation : Thailand Future Fund

Market Cap 32.45B 988M 848M 796M 727M 1.37B 94.23B 1.38B 9.42B 3.65B 47.54B 3.71B 3.63B 157B P/E 2025 *
16.7x
P/E 2026 * 16.3x
Enterprise Value 31.91B 972M 834M 783M 715M 1.35B 92.68B 1.36B 9.26B 3.59B 46.75B 3.65B 3.57B 155B EV / Sales 2025 *
13.9x
EV / Sales 2026 * 13.8x
Free-Float
83.06%
Yield 2025 *
6.68%
Yield 2026 * 6.69%
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
Current month+3.62%
1 month+5.15%
3 months+6.72%
6 months+3.62%
Current year+14.40%
1 week 7.1
Extreme 7.1
7.2
1 month 6.8
Extreme 6.8
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
7.55
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.($)
0.00%0.00%+18.18%-4.03% 988M
-1.85%-3.12%+14.30%+23.19% 11.98B
+0.86%+3.47%+6.57%+50.92% 3.93B
+2.45%+3.72%-16.05%+8.19% 1.01B
+0.39%+1.32% - - 726M
-3.38%-6.78%+19.25%+73.15% 83.29M
0.00%+8.30%+36.67% - 63.9M
Average -0.21%+2.02%+13.15%+30.28% 2.68B
Weighted average by Cap. -0.83%+1.23%+11.24%+27.14%

Financials

2025 *2026 *
Net sales 2.29B 69.74M 59.86M 56.18M 51.31M 96.84M 6.65B 97.31M 665M 258M 3.36B 262M 256M 11.11B 2.3B 70.13M 60.19M 56.49M 51.6M 97.38M 6.69B 97.85M 669M 259M 3.37B 263M 258M 11.18B
Net income 2.17B 66.11M 56.74M 53.26M 48.64M 91.8M 6.31B 92.24M 630M 244M 3.18B 248M 243M 10.54B 1.99B 60.61M 52.02M 48.83M 44.59M 84.16M 5.78B 84.57M 578M 224M 2.92B 228M 223M 9.66B
Net Debt -535M -16.29M -13.99M -13.13M -11.99M -22.63M -1.55B -22.74M -155M -60.2M -784M -61.18M -59.85M -2.6B -550M -16.76M -14.39M -13.5M -12.33M -23.28M -1.6B -23.39M -160M -61.93M -807M -62.94M -61.57M -2.67B
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
26-08-26 THB 7.100 -0.70%
26-08-25 THB 7.150 0.00%
26-08-24 THB 7.150 0.00%
26-08-21 THB 7.150 0.00%
26-08-20 THB 7.150 0.00%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
7.100THB
Average target price
7.433THB
Spread / Average Target
+4.69%

Annual profits - Rate of surprise

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