Valuation: Bhiraj Office Leasehold Real Estate Investment Trust

Market Cap 4.13B 123M 107M 99.08M 91.33M 172M 11.83B 176M 1.18B 466M 5.79B 461M 451M 19.95B P/E 2024
8.03x
P/E 2025 9.73x
Enterprise Value 5.73B 170M 149M 137M 127M 239M 16.4B 244M 1.64B 646M 8.03B 640M 626M 27.65B EV / Sales 2024
5.93x
EV / Sales 2025 6.06x
Free-Float
52.83%
Yield 2024
12.5%
Yield 2025 11.9%
05-13 Bhiraj Office Leasehold Real Estate Investment Trust Approves Dividend for the Period from 1 January 2026 to 31 March 2026, Payable on 13 June 2026 CI
05-13 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
02-26 Bhiraj Office Leasehold Real Estate Investment Trust Approves Dividend for the Period from 1 October 2025 to 31 December 2025, Payable on 13 March 2026 CI
02-26 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2025 CI
11-12 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
11-12 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend Payment for the Operating Period from 1 July 2025 to 30 September 2025, Payable on 12 December 2025 CI
08/08/25 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend from the Operating Results Period from 1 April 2025 to 30 June 2025, Payable on 22 August 2025 CI
08/08/25 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
14/05/25 Bhiraj Office Leasehold Real Estate Investment Trust Posts Qtrly Net Investment Income 127.9 Million Baht RE
14/05/25 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
13/05/25 Bhiraj Office Leasehold Real Estate Investment Trust Approves Interim Dividend for the Period from January 1, 2025 to March 31, 2025, Payable on May 30, 2025 CI
02/04/25 Bhiraj Office Leasehold Real Estate Investment Trust Says No Significant Damage To Buildings After The Earthquake RE
26/02/25 Bhiraj Office Leasehold Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2024 CI
1 week+1.82%
Current month+5.66%
1 month+5.66%
3 months+3.70%
6 months+10.89%
Current year+10.89%
1 week 5.45
Extreme 5.45
5.65
1 month 5.25
Extreme 5.25
5.65
Current year 4.98
Extreme 4.98
5.75
1 year 4.74
Extreme 4.74
5.75
3 years 4.26
Extreme 4.26
7.35
5 years 4.26
Extreme 4.26
12
10 years 4.26
Extreme 4.26
17.6
Manager TitleAgeSince
Chief Executive Officer - 22/02/2024
Director TitleAgeSince
Chairman - 27/06/2017
Date Insider Type Main position Quantity % Market Cap.
21/05/26 Buy

Chairman

51,500 0.0070%
20/05/26 Buy

Chairman

88,900 0.0120%
20/05/26 Buy

Chairman

88,900 0.0120%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%+1.82%+15.23%-23.29% 123M
-1.13%+4.53%+1.31%+8.43% 11.14B
+1.83%+2.77%-0.07%+10.25% 7.24B
+1.01%+1.60%+1.52%+6.36% 5.4B
-0.90%+4.96%+12.50%+29.53% 5.23B
-0.40%+4.82%+9.29%+16.23% 4.68B
+1.20%+0.56%+13.94%+47.65% 4.45B
+0.17%+2.12%-17.43%-28.73% 4.3B
-0.24%+2.93%+34.97%+43.91% 4.24B
+1.73%+2.48%-5.02%-3.12% 3.86B
Average +0.35%+3.06%+6.62%+10.72% 5.07B
Weighted average by Cap. +0.24%+3.36%+4.91%+13.67%

Financials

2024 2025
Net sales 896M 26.64M 23.28M 21.48M 19.8M 37.32M 2.57B 38.15M 257M 101M 1.26B 100M 97.85M 4.33B 878M 26.1M 22.81M 21.05M 19.4M 36.56M 2.51B 37.38M 252M 98.94M 1.23B 98.01M 95.86M 4.24B
Net income 464M 13.81M 12.07M 11.13M 10.26M 19.34M 1.33B 19.77M 133M 52.34M 651M 51.85M 50.71M 2.24B 383M 11.39M 9.96M 9.19M 8.47M 15.96M 1.1B 16.31M 110M 43.19M 537M 42.78M 41.84M 1.85B
Net Debt 1.59B 47.15M 41.21M 38.03M 35.05M 66.06M 4.54B 67.53M 454M 179M 2.22B 177M 173M 7.66B 1.6B 47.45M 41.47M 38.27M 35.27M 66.48M 4.57B 67.96M 457M 180M 2.24B 178M 174M 7.7B
Logo Bhiraj Office Leasehold Real Estate Investment Trust
Bhiraj Office Leasehold Real Estate Investment Trust (the Trust) is a Thailand-based closed-end real estate investment trust (Trust/ REIT). The Trust's objective is to mobilize funds raised from the selling of trust units and loans from financial institutions to invest in the leasehold right of Bhiraj Tower at EmQuartier project that comprises majority of the office rental areas in Bhiraj Tower at EmQuartier and the associated operation areas, including the transferred ownership of utility and movable property, which are related to the operation of office buildings. Its purpose is to encourage corporate governance and to foster equitable treatment for all trust unitholders. It has invested in long-term leasehold rights in two projects: BHIRAJ TOWER at EmQuartier, part of a Mixed-Use Commercial Complex with office buildings and a department store, and BHIRAJ TOWER at BITEC, part of the BITEC Mixed-Use Complex that includes an exhibition center, convention center, and office buildings.
Employees
-
Date Price Change Volume
17/07/26 THB 5.600 0.00% 1,507,300
16/07/26 THB 5.600 0.00% 200,302
15/07/26 THB 5.600 +1.82% 199,290
14/07/26 THB 5.500 0.00% 289,110
13/07/26 THB 5.500 0.00% 368,815

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. BOFFICE Stock