Valuation : Thailand Future Fund

Market Cap 31.3B 944M 814M 767M 699M 1.31B 89.16B 1.32B 9.08B 3.52B 45.58B 3.54B 3.47B 150B P/E 2025 *
16.2x
P/E 2026 * 15.7x
Enterprise Value 30.77B 928M 800M 754M 687M 1.28B 87.63B 1.29B 8.93B 3.46B 44.8B 3.48B 3.41B 147B EV / Sales 2025 *
13.4x
EV / Sales 2026 * 13.4x
Free-Float
83.06%
Yield 2025 *
6.92%
Yield 2026 * 6.93%
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-1.44%
1 week-4.20%
Current month-2.14%
1 month-0.72%
3 months+4.58%
6 months+0.74%
Current year+9.60%
1 week 6.85
Extreme 6.85
7.15
1 month 6.85
Extreme 6.85
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
7.5
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.($)
-1.44%-4.20%+16.10%-8.67% 955M
-0.75%-2.48%+18.00%+18.87% 11.72B
-0.41%+2.75%+15.58%+57.24% 4.03B
-1.17%+0.80%-12.15%+5.86% 1.03B
-0.27%+0.34% - - 738M
+1.36%-8.31%+13.52%+64.19% 74.88M
-1.71%-4.00%+34.89% - 62.03M
Average -0.72%-2.15%+14.32%+27.50% 2.66B
Weighted average by Cap. -0.71%-1.58%+15.64%+25.50%

Financials

2025 *2026 *
Net sales 2.29B 69.05M 59.57M 56.12M 51.13M 95.57M 6.52B 96.29M 664M 258M 3.34B 259M 254M 10.96B 2.3B 69.44M 59.9M 56.43M 51.41M 96.1M 6.56B 96.82M 668M 259M 3.35B 261M 255M 11.02B
Net income 2.17B 65.46M 56.47M 53.2M 48.47M 90.6M 6.18B 91.28M 630M 244M 3.16B 246M 240M 10.39B 1.99B 60.01M 51.77M 48.77M 44.44M 83.06M 5.67B 83.68M 577M 224M 2.9B 225M 220M 9.52B
Net Debt -535M -16.13M -13.92M -13.11M -11.95M -22.33M -1.52B -22.5M -155M -60.25M -779M -60.59M -59.26M -2.56B -550M -16.6M -14.32M -13.49M -12.29M -22.97M -1.57B -23.14M -160M -61.97M -802M -62.32M -60.96M -2.63B
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
26-09-01 THB 6.850 -1.44% 5,894,534
26-09-01 THB 6.950 -0.71% 7,540,620
26-08-31 THB 7.000 -1.41% 6,893,731
26-08-28 THB 7.100 0.00% 4,280,780
26-08-27 THB 7.100 0.00% 3,403,612
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
6.850THB
Average target price
7.433THB
Spread / Average Target
+8.52%

Annual profits - Rate of surprise

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