Valuation: Thailand Future Fund

Market Cap 31.99B 947M 848M 780M 707M 1.32B 89.91B 1.35B 9.3B 3.73B 47.3B 3.55B 3.48B 149B P/E 2025 *
16.5x
P/E 2026 * 16.1x
Enterprise Value 31.45B 931M 834M 767M 695M 1.3B 88.41B 1.32B 9.15B 3.67B 46.5B 3.49B 3.42B 147B EV / Sales 2025 *
13.7x
EV / Sales 2026 * 13.7x
Free-Float
83.06%
Yield 2025 *
6.77%
Yield 2026 * 6.78%
08-14 Thailand Future Fund Announces Dividend for the Operation Period from April 1, 2026 to June 30, 2026, Payable on September 11, 2026 CI
05-15 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2026 to March 31, 2026, Payable on June 16, 2026 CI
03-12 Thailand Future Fund Announces Advisory Committee Changes, Effective March 12, 2026 CI
02-27 DBS Bank Downgrades Thailand Future Fund to Hold from Buy; Price Target is THB7 MT
02-17 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
11-27 Thailand Future Fund Approves 28Th Dividend from July 1, 2025 to September 30, 2025, Payable on December 25, 2025 CI
18/08/25 Thailand Future Fund Approves Dividend for the Period from April 1, 2025 to June 30, 2025, Payable September 15, 2025 CI
16/05/25 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2025 to March 31, 2025, Payable on June 16, 2025 CI
17/02/25 Thailand Future Fund Declares Dividend for Period During October 1, 2024 to December 31, 2024, Payable on March 17, 2025 CI
07/02/25 Thailand Future Fund Announces Investment Advisory Committee Member Changes CI
03/10/24 Investment: 5 markets that could benefit from the Chinese awakening Zonebourse
16/08/24 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%
1 week+0.72%
1 month-1.41%
3 months+1.45%
6 months+6.87%
Current year+12.00%
1 week 6.95
Extreme 6.95
7.1
1 month 6.8
Extreme 6.8
7.1
Current year 6.2
Extreme 6.2
7.2
1 year 6
Extreme 6
7.2
3 years 5.25
Extreme 5.25
7.2
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%+0.72%+15.70%+15.70% 947M
+0.28%-0.76%-3.05%+15.36% 14.75B
+2.62%+3.63%+10.96%+12.76% 7.36B
+1.43%+3.56%-6.95%+29.92% 6.58B
+0.22%-1.69%-11.23%+15.73% 5.89B
+2.82%+4.32%+15.32%+36.79% 5.84B
+1.52%+2.73%-1.75%+5.46% 5.78B
+0.86%+1.33%-19.00%-33.67% 5.31B
+0.27%+1.91%-17.98%-1.84% 5.18B
+0.62%+2.98%+15.67%+28.38% 4.42B
Average +0.98%+1.62%-0.23%+12.46% 6.21B
Weighted average by Cap. +1.08%+1.47%-1.72%+13.02%

Financials

2025 *2026 *
Net sales 2.29B 67.8M 60.72M 55.85M 50.61M 94.6M 6.44B 96.37M 666M 267M 3.39B 254M 249M 10.68B 2.3B 68.17M 61.06M 56.16M 50.89M 95.12M 6.47B 96.9M 670M 269M 3.4B 256M 250M 10.74B
Net income 2.17B 64.27M 57.56M 52.95M 47.97M 89.67M 6.1B 91.35M 631M 253M 3.21B 241M 236M 10.12B 1.99B 58.92M 52.77M 48.54M 43.98M 82.21M 5.59B 83.75M 579M 232M 2.94B 221M 216M 9.28B
Net Debt -535M -15.84M -14.19M -13.05M -11.82M -22.1M -1.5B -22.52M -156M -62.47M -791M -59.45M -58.19M -2.5B -550M -16.3M -14.59M -13.42M -12.16M -22.74M -1.55B -23.16M -160M -64.26M -814M -61.15M -59.85M -2.57B
Projected Income Statement - Annual - Thailand Future Fund
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
30/10/26 THB 7.000 -0.71% 842,311
29/10/26 THB 7.050 +0.71% 2,916,086
28/10/26 THB 7.000 -.--% 1,587,385
27/10/26 THB 7.000 +0.72% 1,656,368
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

Rate of surprise - EPS - Annual - Thailand Future Fund
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