Valuation : Thailand Future Fund

Market Cap 32.22B 975M 838M 791M 721M 1.35B 93.21B 1.36B 9.42B 3.63B 47.28B 3.66B 3.58B 150B P/E 2025 *
16.6x
P/E 2026 * 16.2x
Enterprise Value 31.68B 959M 825M 778M 709M 1.32B 91.67B 1.34B 9.27B 3.57B 46.49B 3.6B 3.52B 148B EV / Sales 2025 *
13.8x
EV / Sales 2026 * 13.8x
Free-Float
83.06%
Yield 2025 *
6.72%
Yield 2026 * 6.74%
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 week+2.92%
Current month+0.71%
1 month-1.40%
3 months+7.63%
6 months+7.63%
Current year+12.80%
1 week 6.9
Extreme 6.9
7.1
1 month 6.85
Extreme 6.85
7.2
Current year 6.2
Extreme 6.2
7.2
1 year 6
Extreme 6
7.2
3 years 5.25
Extreme 5.25
7.35
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%+2.92%+16.53%-4.08% 979M
-0.05%-0.70%+17.52%+20.43% 11.64B
0.00%-5.82%+14.10%+43.92% 3.84B
-0.40%-1.58%-11.70%+3.32% 1.01B
-0.65%+0.28% - - 741M
-2.68%-3.96%+11.49%+60.33% 76.08M
+1.01%+3.46%+41.37% - 62.59M
Average -0.30%+0.30%+14.88%+24.78% 2.62B
Weighted average by Cap. -0.08%-0.76%+15.10%+23.40%

Financials

2025 *2026 *
Net sales 2.29B 69.31M 59.61M 56.24M 51.23M 95.77M 6.63B 96.64M 670M 258M 3.36B 260M 255M 10.68B 2.3B 69.69M 59.94M 56.55M 51.52M 96.31M 6.66B 97.18M 674M 259M 3.38B 262M 256M 10.73B
Net income 2.17B 65.7M 56.5M 53.31M 48.57M 90.79M 6.28B 91.62M 635M 244M 3.19B 247M 241M 10.12B 1.99B 60.23M 51.8M 48.88M 44.53M 83.23M 5.76B 83.99M 582M 224M 2.92B 226M 221M 9.28B
Net Debt -535M -16.19M -13.93M -13.14M -11.97M -22.38M -1.55B -22.58M -156M -60.23M -785M -60.81M -59.48M -2.49B -550M -16.66M -14.33M -13.52M -12.31M -23.02M -1.59B -23.23M -161M -61.96M -808M -62.56M -61.19M -2.57B
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
09/09/26 THB 7.050 0.00% 1,192,500
09/09/26 THB 7.050 0.00% 1,171,702
08/09/26 THB 7.050 +1.44% 1,656,597
07/09/26 THB 6.950 +0.72% 1,883,548
04/09/26 THB 6.900 -0.72% 1,142,483
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
7.050THB
Average target price
7.433THB
Spread / Average Target
+5.44%

Annual profits - Rate of surprise

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