MFC Multi-National Residence Fund (MNRF) 주식 개요MFC 다국적 레지던스 펀드는 부동산 펀드입니다. 자세히 보기MNRF 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적5/6재무 건전성6/6배당3/6강점가격 대비 수익 비율(14x)은 Residential REITs 업계 평균(21x)보다 낮습니다.지난 1년간 수익이 163.9% 증가했습니다.위험 분석의미 있는 시가총액이 없습니다(THB217M)불안정한 배당 실적의미 있는 수익이 없습니다(THB34M)모든 위험 점검 보기MNRF Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW466,960 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA466,960 investors already sharing narrativesYour Fair Value฿Current Price฿2.029.4% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-162m54m2016201920222025202620282031Revenue ฿54.0mEarnings ฿24.3mAdvancedSet Fair ValueView all narrativesMFC Multi-National Residence Fund 경쟁사T.U. Dome Residential Complex Leasehold Property FundSymbol: SET:TU-PFMarket cap: ฿112.6mKPN Freehold and Leasehold Real Estate Investment TrustSymbol: SET:KPNREITMarket cap: ฿367.2mMFC-Strategic Storage FundSymbol: SET:M-STORMarket cap: ฿456.0mSala @ Sathorn Property FundSymbol: SET:SSPFMarket cap: ฿491.0m가격 이력 및 성과MFC Multi-National Residence Fund 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가฿2.0252주 최고가฿2.6252주 최저가฿1.71베타0.0491개월 변동1.00%3개월 변동-0.98%1년 변동-1.94%3년 변동-32.67%5년 변동-38.04%IPO 이후 변동-79.80%최근 뉴스 및 업데이트Reported Earnings • Aug 15Second quarter 2026 earnings released: EPS: ฿0.036 (vs ฿0.031 in 2Q 2025)Second quarter 2026 results: EPS: ฿0.036 (up from ฿0.031 in 2Q 2025). Revenue: ฿8.38m (up 2.3% from 2Q 2025). Net income: ฿3.85m (up 17% from 2Q 2025). Profit margin: 46% (up from 40% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • May 24First quarter dividend of ฿0.033 announcedShareholders will receive a dividend of ฿0.033. Ex-date: 4th June 2026 Payment date: 22nd June 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.9%.Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.047 (vs ฿0.031 in 1Q 2025)First quarter 2026 results: EPS: ฿0.047 (up from ฿0.031 in 1Q 2025). Revenue: ฿8.69m (up 13% from 1Q 2025). Net income: ฿5.07m (up 52% from 1Q 2025). Profit margin: 58% (up from 43% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 2.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿223.6m market cap, or US$6.82m). Minor Risks Dividend is not well covered by earnings (105% payout ratio). Share price has been volatile over the past 3 months (2.7% average weekly change). Revenue is less than US$5m (฿33m revenue, or US$1.0m).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ฿2.62, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 21x in the Residential REITs industry in Asia. Total returns to shareholders of 43% over the past three years.Declared Dividend • Mar 06Fourth quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 17th March 2026 Payment date: 30th March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 3.9%.더 많은 업데이트 보기Recent updatesReported Earnings • Aug 15Second quarter 2026 earnings released: EPS: ฿0.036 (vs ฿0.031 in 2Q 2025)Second quarter 2026 results: EPS: ฿0.036 (up from ฿0.031 in 2Q 2025). Revenue: ฿8.38m (up 2.3% from 2Q 2025). Net income: ฿3.85m (up 17% from 2Q 2025). Profit margin: 46% (up from 40% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • May 24First quarter dividend of ฿0.033 announcedShareholders will receive a dividend of ฿0.033. Ex-date: 4th June 2026 Payment date: 22nd June 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.9%.Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.047 (vs ฿0.031 in 1Q 2025)First quarter 2026 results: EPS: ฿0.047 (up from ฿0.031 in 1Q 2025). Revenue: ฿8.69m (up 13% from 1Q 2025). Net income: ฿5.07m (up 52% from 1Q 2025). Profit margin: 58% (up from 43% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 2.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿223.6m market cap, or US$6.82m). Minor Risks Dividend is not well covered by earnings (105% payout ratio). Share price has been volatile over the past 3 months (2.7% average weekly change). Revenue is less than US$5m (฿33m revenue, or US$1.0m).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ฿2.62, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 21x in the Residential REITs industry in Asia. Total returns to shareholders of 43% over the past three years.Declared Dividend • Mar 06Fourth quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 17th March 2026 Payment date: 30th March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 3.9%.Reported Earnings • Feb 27Full year 2025 earnings releasedFull year 2025 results: Revenue: ฿33.3m (up 13% from FY 2024). Net income: ฿13.3m (up 66% from FY 2024). Profit margin: 40% (up from 27% in FY 2024). The increase in margin was primarily driven by higher revenue.New Risk • Dec 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿225.8m market cap, or US$7.27m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (28% net profit margin). Revenue is less than US$5m (฿33m revenue, or US$1.0m).Board Change • Dec 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Director Udomkarn Udomsab was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Nov 28Third quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 9th December 2025 Payment date: 24th December 2025 Dividend yield will be 19%, which is higher than the industry average of 3.9%.Reported Earnings • Nov 16Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ฿9.07m (up 28% from 3Q 2024). Net income: ฿3.50m (up ฿3.09m from 3Q 2024). Profit margin: 39% (up from 5.7% in 3Q 2024).Declared Dividend • Aug 25Second quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 4th September 2025 Payment date: 22nd September 2025 Dividend yield will be 19%, which is higher than the industry average of 3.9%.New Risk • Aug 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (฿31m revenue, or US$943k). Market cap is less than US$10m (฿223.6m market cap, or US$6.89m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (19% net profit margin).Reported Earnings • Aug 16Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ฿8.19m (up 10% from 2Q 2024). Net income: ฿3.28m (down 40% from 2Q 2024). Profit margin: 40% (down from 73% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • May 23First quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 30th May 2025 Payment date: 19th June 2025 Dividend yield will be 19%, which is higher than the industry average of 3.9%.Reported Earnings • May 16First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: ฿7.71m (up 4.8% from 1Q 2024). Net income: ฿3.34m (up 2.9% from 1Q 2024). Profit margin: 43% (in line with 1Q 2024).Declared Dividend • Mar 07Fourth quarter dividend of ฿0.037 announcedShareholders will receive a dividend of ฿0.037. Ex-date: 18th March 2025 Payment date: 28th March 2025 Dividend yield will be 5.5%, which is higher than the industry average of 3.9%.공고 • Mar 06Mfc Multi-National Residence Fund Declares Distribution for the Period 1 October 2024 - 31 December 2024, Payable on 28 March 2025MFC Multi-National Residence Fund declared dividend distribution for the period 1 October 2024 - 31 December 2024. The dividend payment from Retained Earnings will be at THB 0.0370 per unit. With this, the record date will be 19 March 2025 for the unitholders' right to obtain the dividend. The dividend will be paid on 28 March 2025.Reported Earnings • Feb 28Full year 2024 earnings releasedFull year 2024 results: Revenue: ฿29.5m (up 16% from FY 2023). Net income: ฿7.97m (down 35% from FY 2023). Profit margin: 27% (down from 49% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Board Change • Dec 21Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Director of MFC Asset Management Public Co Ltd Wirachai Amornrotkonsuwet was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Dec 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 302% Cash payout ratio: 432% Revenue is less than US$1m (฿29m revenue, or US$833k). Market cap is less than US$10m (฿245.1m market cap, or US$7.10m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.Upcoming Dividend • Nov 29Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 06 December 2024. Payment date: 25 December 2024. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (3.9%).Declared Dividend • Aug 29Dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 9th September 2024 Payment date: 26th September 2024 Dividend yield will be 3.7%, which is about the same as the industry average.공고 • Aug 27MFC Multi-National Residence Fund Announces Dividend for the Period 1 April 2024 - 30 June 2024, Payable on 26 September 2024MFC Multi-National Residence Fund announced that on 27 August 2024, the Property Investment Committee had agreed to the dividend distribution for the period 1 April 2024 - 30 June 2024. The dividend payment from Net Profit will be at THB 0.0300 per unit. With this, the record date will be on 10 September 2024 for the unitholders' right to obtain the dividend. The dividend will be paid on 26 September 2024.Reported Earnings • Aug 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ฿7.43m (up 28% from 2Q 2023). Net income: ฿5.45m (up 323% from 2Q 2023). Profit margin: 73% (up from 22% in 2Q 2023).공고 • Jul 22MFC Multi-National Residence Fund, Annual General Meeting, Aug 22, 2024MFC Multi-National Residence Fund, Annual General Meeting, Aug 22, 2024, at 14:00 SE Asia Standard Time. Location: mfc asset management pcl, meeting room no. 2306-2307, 23rd floor, column tower, no. 199 ratchadaphisek road, khlong toei subdistrict, khlong toei district, bangkok 10110 ThailandDeclared Dividend • May 23Dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 4th June 2024 Payment date: 19th June 2024 Dividend yield will be 12%, which is higher than the industry average of 3.9%.Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ฿7.35m (up 23% from 1Q 2023). Net income: ฿3.25m (up 18% from 1Q 2023). Profit margin: 44% (down from 46% in 1Q 2023).Upcoming Dividend • Mar 11Upcoming dividend of ฿0.024 per shareEligible shareholders must have bought the stock before 18 March 2024. Payment date: 29 March 2024. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (3.9%).Declared Dividend • Mar 07Dividend of ฿0.024 announcedShareholders will receive a dividend of ฿0.024. Ex-date: 18th March 2024 Payment date: 29th March 2024 Dividend yield will be 12%, which is higher than the industry average of 3.9%.공고 • Mar 06MFC Multi-National Residence Fund Announces Dividend for the Period 1 October 2023 to 31 December 2023, Payable on 29 March 2024MFC Multi-National Residence Fund announced on 5 March 2024, the Property Investment Committee agreed to the dividend distribution for the period 1 October 2023 to 31 December 2023. The dividend payment from Net Profit will be at THB 0.0240 per unit. With this, the record date will be 19 March 2024 for the unitholders' right to obtain the dividend. The dividend will be paid on 29 March 2024. Ex-dividend date is 18 March 2024.Reported Earnings • Mar 03Full year 2023 earnings releasedFull year 2023 results: Revenue: ฿25.4m (up 11% from FY 2022). Net income: ฿12.3m (down 17% from FY 2022). Profit margin: 49% (down from 64% in FY 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Dec 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (฿24m revenue, or US$685k). Market cap is less than US$10m (฿296.7m market cap, or US$8.39m). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results.공고 • Nov 29MFC Multi-National Residence Fund Announces Omission of Dividend for the Operating Period of 1 July 2023 to 3 0 September 2 0 2 3MFC Multi-National Residence Fund announced that the Investment Committee held on 29 November 2023 has resolved to approve the omission of dividend payment for the operating period of 1 July 2023 to 30 September 2023.Reported Earnings • Nov 11Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ฿6.65m (up 20% from 3Q 2022). Net income: ฿1.80m (up 5.8% from 3Q 2022). Profit margin: 27% (down from 31% in 3Q 2022).Upcoming Dividend • Aug 28Upcoming dividend of ฿0.28 per share at 2.1% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 22 September 2023. Trailing yield: 2.1%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (3.5%).Reported Earnings • Aug 12Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ฿5.81m (flat on 2Q 2022). Net income: ฿1.29m (down 36% from 2Q 2022). Profit margin: 22% (down from 35% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 24Upcoming dividend of ฿0.025 per share at 3.0% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 16 June 2023. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (3.6%).공고 • May 19MFC Multi-National Residence Fund Announces Dividend for the Period 1 January 2023 to 31 March 2023, Payable on 16 June 2023MFC Multi-National Residence Fund announced on 18 May 2023, the Property Investment Committee had agreed to the dividend distribution for the period 1 January 2023 to 31 March 2023. The dividend payment from Net Profit will be at THB 0.0250 per unit. With this, the record date will be on 1 June 2023 for the unitholders' right to obtain the dividend. The dividend will be paid on 16 June 2023.Upcoming Dividend • Mar 02Upcoming dividend of ฿0.015 per share at 2.9% yieldEligible shareholders must have bought the stock before 09 March 2023. Payment date: 24 March 2023. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (6.5%).Reported Earnings • Feb 25Full year 2022 earnings releasedFull year 2022 results: Revenue: ฿22.9m (down 1.5% from FY 2021). Net income: ฿14.8m (up 195% from FY 2021). Profit margin: 64% (up from 22% in FY 2021).Upcoming Dividend • Dec 06Upcoming dividend of ฿0.015 per shareEligible shareholders must have bought the stock before 13 December 2022. Payment date: 28 December 2022. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (5.6%). Lower than average of industry peers (5.9%).공고 • Nov 29MFC Multi-National Residence Fund Announces Dividend Distribution for the Period 1 July 2022 to 30 September 2022, Payable on 28 December 2022MFC Multi-National Residence Fund announced that on 29 November 2022, the Property Investment Committee agreed to the dividend distribution for the period 1 July 2022 to 30 September 2022. The dividend payment from Net Profit will be at THB 0.0150 per unit. With this, the record date will be 14 December 2022 for the unitholders' right to obtain the dividend. The dividend will be paid on 28 December 2022.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿0.016 (vs ฿0.012 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.016 (up from ฿0.012 in 3Q 2021). Revenue: ฿5.54m (down 2.4% from 3Q 2021). Net income: ฿1.70m (up 37% from 3Q 2021). Profit margin: 31% (up from 22% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Aug 29Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 05 September 2022. Payment date: 22 September 2022. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (5.5%). Lower than average of industry peers (5.4%).공고 • Aug 23MFC Multi-National Residence Fund Announces Dividend Distribution for the Period 1 April 2022 to 30 June 2022, Payable on 22 September 2022MFC Multi-National Residence Fund announced that on 22 August 2022, the Property Investment Committee had agreed to the dividend distribution for the period 1 April 2022 to 30 June 2022. The dividend payment from Net Profit and Retained Earnings will be at THB 0.0200 per unit. With this, the record date will be on 6 September 2022 for the unitholders' right to obtain the dividend. The dividend will be paid on 22 September 2022.Reported Earnings • Aug 19Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ฿5.86m (down 4.2% from 2Q 2021). Net income: ฿2.02m (up 5.5% from 2Q 2021). Profit margin: 35% (up from 31% in 2Q 2021). The increase in margin was driven by lower expenses.공고 • Jul 20Jariyawadee Suvunditkul acquired Danicha Garden Condominium Building C unit number 39/286 from MFC Multi-National Residence Fund (SET:MNRF) for THB 5.9 million.Jariyawadee Suvunditkul acquired Danicha Garden Condominium Building C unit number 39/286 from MFC Multi-National Residence Fund (SET:MNRF) for THB 5.9 million on July 6, 2022. The deal was approved by the Property Investment Committee of MFC Asset Management Public Company Limited. The proceeds will be used for capital reduction to unit holders at appropriate time. Jariyawadee Suvunditkul completed the acquisition of Danicha Garden Condominium Building C unit number 39/286 from MFC Multi-National Residence Fund (SET:MNRF) for THB 5.9 million on July 6, 2022.Upcoming Dividend • May 31Upcoming dividend of ฿0.013 per shareEligible shareholders must have bought the stock before 07 June 2022. Payment date: 24 June 2022. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 5.1%.공고 • May 26MFC Multi-National Residence Fund Announces Dividend for the Period 1 January 2022 to 31 March 2022, Payable on 24 June 2022On 24 May 2022, MFC Multi-National Residence Fund agreed to the dividend distribution for the period 1 January 2022 31 March 2022. The dividend payment from Net Profit will be at THB 0.0130 per unit. With this, the record date will be on 8 June 2022 for the unitholders' right to obtain the dividend. The dividend will be paid on 24 June 2022.Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.017 (vs ฿0.016 in 1Q 2021)First quarter 2022 results: EPS: ฿0.017 (up from ฿0.016 in 1Q 2021). Revenue: ฿5.76m (flat on 1Q 2021). Net income: ฿1.84m (up 8.6% from 1Q 2021). Profit margin: 32% (up from 30% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (9 non-independent directors). Director of MFC Asset Management Public Company Limited Pachaleeporn Voraviboonsavat was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Mar 03MFC Multi-National Residence Fund, Annual General Meeting, Apr 22, 2022MFC Multi-National Residence Fund, Annual General Meeting, Apr 22, 2022, at 10:00 SE Asia Standard Time. Agenda: To acknowledge the 2021 Annual General Meeting Report; to acknowledge of 2021 Performance Report; to acknowledge the Financial Statement for the fiscal year ending 31 December 2021; to acknowledge of Dividend Distribution and Capital Reduction for the fiscal year ending 31 December 2021; to acknowledge of 2022 Auditor Appointment and Determination of Remuneration; and to transact other business.Reported Earnings • Feb 22Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: ฿23.3m (down 11% from FY 2020). Net income: ฿5.01m (up ฿5.19m from FY 2020). Profit margin: 22% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공고 • Feb 16MFC Multi-National Residence Fund Announces Omission of Dividend for the Period 1 December 2021 to 31 December 2021MFC Multi-National Residence Fund announced that the Investment Committee held on 15 February 2022 has resolved to approve the omission of dividend payment for the operating period of 1 December 2021to 31 December 2021.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿0.045 (vs ฿0.035 in 3Q 2020)Third quarter 2021 results: Net income: ฿4.85m (up 29% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Aug 24Upcoming dividend of ฿0.48 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 20 September 2021. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (5.2%).Reported Earnings • Aug 11Second quarter 2021 earnings releasedSecond quarter 2021 results: Net income: ฿1.91m (up 2.5% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 03Inaugural dividend of ฿0.025 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 28 June 2021. The company last paid an ordinary dividend in November 2020. The average dividend yield among industry peers is 5.5%.공고 • May 29MFC Multi-National Residence Fund Announces Dividend Distribution for the Period 1 January 2021 31 March 2021, Payable on June 28, 2021MFC Multi-National Residence Fund announced the Property Investment Committee had agreed to the dividend distribution for the period 1 January 2021 31 March 2021. The dividend payment from Net Profit and Retained Earnings will be at THB 0.0250 per unit. The Fund's registration book will be closed on 14 June 2021 for the unit holders' right to obtain the dividend. The dividend will be paid on 28 June 2021.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.016 (vs ฿0.025 in 1Q 2020)First quarter 2021 results: Net income: ฿1.70m (down 37% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공고 • Mar 03MFC Multi-National Residence Fund Omits Dividend Payment for the Three-Month Period Ended 31 December 2020MFC Asset Management Plc., as the Management Company of Multi-National Residence Fund (MNRF) announced that the Investment Committee held on 2 March 2021 has resolved to approve the omission of dividend payment for the operating period of 1 October 2020 to 31 December 2020. As the Fund results in an operating loss from asset appraisal due to decrease in occupancy and rental rate. The Fund therefore considered no dividend payment in this quarter, however, in the first quarter to the third quarter of 2020, the Fund has already paid the unitholders THB 0.1200 per unit.Reported Earnings • Feb 25Full year 2020 earnings releasedFull year 2020 results: Net loss: ฿180.9k (loss narrowed 100% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 15New 90-day high: ฿3.04The company is up 5.0% from its price of ฿2.90 on 16 November 2020. The Thai market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period.Is New 90 Day High Low • Jan 13New 90-day high: ฿2.98The company is up 1.0% from its price of ฿2.96 on 09 October 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period.Upcoming Dividend • Nov 25Upcoming Dividend of ฿0.04 Per ShareWill be paid on the 23rd of December to those who are registered shareholders by the 2nd of December. The trailing yield of 5.5% is below the top quartile of Thai dividend payers (6.7%), and is lower than industry peers (6.8%).주주 수익률MNRFTH Residential REITsTH 시장7D0%2.1%0.3%1Y-1.9%-7.5%28.4%전체 주주 수익률 보기수익률 대 산업: MNRF은 지난 1년 동안 -7.5%의 수익을 기록한 TH Residential REITs 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: MNRF은 지난 1년 동안 28.4%를 기록한 TH 시장보다 저조한 성과를 냈습니다.주가 변동성Is MNRF's price volatile compared to industry and market?MNRF volatilityMNRF Average Weekly Movement1.6%Residential REITs Industry Average Movement3.3%Market Average Movement4.1%10% most volatile stocks in TH Market10.0%10% least volatile stocks in TH Market1.9%안정적인 주가: MNRF는 지난 3개월 동안 TH 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: MNRF의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트n/an/aThanachote Rungsitivatwww.mfcfund.com/web/en-us/fund/propertyfund/mnrf.aspxMFC 다국적 레지던스 펀드는 부동산 펀드입니다.더 보기MFC Multi-National Residence Fund 기초 지표 요약MFC Multi-National Residence Fund의 순이익과 매출은 시가총액과 어떻게 비교됩니까?MNRF 기초 통계시가총액฿217.15m순이익 (TTM)฿15.56m매출 (TTM)฿34.50m14.0x주가수익비율(P/E)6.3x주가매출비율(P/S)MNRF는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표MNRF 손익계산서 (TTM)매출฿34.50m매출원가฿11.55m총이익฿22.95m기타 비용฿7.39m순이익฿15.56m최근 보고된 실적Jun 30, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.14총이익률66.53%순이익률45.09%부채/자본 비율0%MNRF의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당5.9%현재 배당 수익률85%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/22 13:57종가2026/08/21 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스MFC Multi-National Residence Fund는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Aug 15Second quarter 2026 earnings released: EPS: ฿0.036 (vs ฿0.031 in 2Q 2025)Second quarter 2026 results: EPS: ฿0.036 (up from ฿0.031 in 2Q 2025). Revenue: ฿8.38m (up 2.3% from 2Q 2025). Net income: ฿3.85m (up 17% from 2Q 2025). Profit margin: 46% (up from 40% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • May 24First quarter dividend of ฿0.033 announcedShareholders will receive a dividend of ฿0.033. Ex-date: 4th June 2026 Payment date: 22nd June 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.9%.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.047 (vs ฿0.031 in 1Q 2025)First quarter 2026 results: EPS: ฿0.047 (up from ฿0.031 in 1Q 2025). Revenue: ฿8.69m (up 13% from 1Q 2025). Net income: ฿5.07m (up 52% from 1Q 2025). Profit margin: 58% (up from 43% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 2.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿223.6m market cap, or US$6.82m). Minor Risks Dividend is not well covered by earnings (105% payout ratio). Share price has been volatile over the past 3 months (2.7% average weekly change). Revenue is less than US$5m (฿33m revenue, or US$1.0m).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ฿2.62, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 21x in the Residential REITs industry in Asia. Total returns to shareholders of 43% over the past three years.
Declared Dividend • Mar 06Fourth quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 17th March 2026 Payment date: 30th March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 3.9%.
Reported Earnings • Aug 15Second quarter 2026 earnings released: EPS: ฿0.036 (vs ฿0.031 in 2Q 2025)Second quarter 2026 results: EPS: ฿0.036 (up from ฿0.031 in 2Q 2025). Revenue: ฿8.38m (up 2.3% from 2Q 2025). Net income: ฿3.85m (up 17% from 2Q 2025). Profit margin: 46% (up from 40% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • May 24First quarter dividend of ฿0.033 announcedShareholders will receive a dividend of ฿0.033. Ex-date: 4th June 2026 Payment date: 22nd June 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.9%.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.047 (vs ฿0.031 in 1Q 2025)First quarter 2026 results: EPS: ฿0.047 (up from ฿0.031 in 1Q 2025). Revenue: ฿8.69m (up 13% from 1Q 2025). Net income: ฿5.07m (up 52% from 1Q 2025). Profit margin: 58% (up from 43% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 2.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿223.6m market cap, or US$6.82m). Minor Risks Dividend is not well covered by earnings (105% payout ratio). Share price has been volatile over the past 3 months (2.7% average weekly change). Revenue is less than US$5m (฿33m revenue, or US$1.0m).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ฿2.62, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 21x in the Residential REITs industry in Asia. Total returns to shareholders of 43% over the past three years.
Declared Dividend • Mar 06Fourth quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 17th March 2026 Payment date: 30th March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 3.9%.
Reported Earnings • Feb 27Full year 2025 earnings releasedFull year 2025 results: Revenue: ฿33.3m (up 13% from FY 2024). Net income: ฿13.3m (up 66% from FY 2024). Profit margin: 40% (up from 27% in FY 2024). The increase in margin was primarily driven by higher revenue.
New Risk • Dec 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿225.8m market cap, or US$7.27m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (28% net profit margin). Revenue is less than US$5m (฿33m revenue, or US$1.0m).
Board Change • Dec 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Director Udomkarn Udomsab was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Nov 28Third quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 9th December 2025 Payment date: 24th December 2025 Dividend yield will be 19%, which is higher than the industry average of 3.9%.
Reported Earnings • Nov 16Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ฿9.07m (up 28% from 3Q 2024). Net income: ฿3.50m (up ฿3.09m from 3Q 2024). Profit margin: 39% (up from 5.7% in 3Q 2024).
Declared Dividend • Aug 25Second quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 4th September 2025 Payment date: 22nd September 2025 Dividend yield will be 19%, which is higher than the industry average of 3.9%.
New Risk • Aug 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (฿31m revenue, or US$943k). Market cap is less than US$10m (฿223.6m market cap, or US$6.89m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (19% net profit margin).
Reported Earnings • Aug 16Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ฿8.19m (up 10% from 2Q 2024). Net income: ฿3.28m (down 40% from 2Q 2024). Profit margin: 40% (down from 73% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • May 23First quarter dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 30th May 2025 Payment date: 19th June 2025 Dividend yield will be 19%, which is higher than the industry average of 3.9%.
Reported Earnings • May 16First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: ฿7.71m (up 4.8% from 1Q 2024). Net income: ฿3.34m (up 2.9% from 1Q 2024). Profit margin: 43% (in line with 1Q 2024).
Declared Dividend • Mar 07Fourth quarter dividend of ฿0.037 announcedShareholders will receive a dividend of ฿0.037. Ex-date: 18th March 2025 Payment date: 28th March 2025 Dividend yield will be 5.5%, which is higher than the industry average of 3.9%.
공고 • Mar 06Mfc Multi-National Residence Fund Declares Distribution for the Period 1 October 2024 - 31 December 2024, Payable on 28 March 2025MFC Multi-National Residence Fund declared dividend distribution for the period 1 October 2024 - 31 December 2024. The dividend payment from Retained Earnings will be at THB 0.0370 per unit. With this, the record date will be 19 March 2025 for the unitholders' right to obtain the dividend. The dividend will be paid on 28 March 2025.
Reported Earnings • Feb 28Full year 2024 earnings releasedFull year 2024 results: Revenue: ฿29.5m (up 16% from FY 2023). Net income: ฿7.97m (down 35% from FY 2023). Profit margin: 27% (down from 49% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Board Change • Dec 21Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Director of MFC Asset Management Public Co Ltd Wirachai Amornrotkonsuwet was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Dec 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 302% Cash payout ratio: 432% Revenue is less than US$1m (฿29m revenue, or US$833k). Market cap is less than US$10m (฿245.1m market cap, or US$7.10m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.
Upcoming Dividend • Nov 29Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 06 December 2024. Payment date: 25 December 2024. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (3.9%).
Declared Dividend • Aug 29Dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 9th September 2024 Payment date: 26th September 2024 Dividend yield will be 3.7%, which is about the same as the industry average.
공고 • Aug 27MFC Multi-National Residence Fund Announces Dividend for the Period 1 April 2024 - 30 June 2024, Payable on 26 September 2024MFC Multi-National Residence Fund announced that on 27 August 2024, the Property Investment Committee had agreed to the dividend distribution for the period 1 April 2024 - 30 June 2024. The dividend payment from Net Profit will be at THB 0.0300 per unit. With this, the record date will be on 10 September 2024 for the unitholders' right to obtain the dividend. The dividend will be paid on 26 September 2024.
Reported Earnings • Aug 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ฿7.43m (up 28% from 2Q 2023). Net income: ฿5.45m (up 323% from 2Q 2023). Profit margin: 73% (up from 22% in 2Q 2023).
공고 • Jul 22MFC Multi-National Residence Fund, Annual General Meeting, Aug 22, 2024MFC Multi-National Residence Fund, Annual General Meeting, Aug 22, 2024, at 14:00 SE Asia Standard Time. Location: mfc asset management pcl, meeting room no. 2306-2307, 23rd floor, column tower, no. 199 ratchadaphisek road, khlong toei subdistrict, khlong toei district, bangkok 10110 Thailand
Declared Dividend • May 23Dividend of ฿0.03 announcedShareholders will receive a dividend of ฿0.03. Ex-date: 4th June 2024 Payment date: 19th June 2024 Dividend yield will be 12%, which is higher than the industry average of 3.9%.
Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ฿7.35m (up 23% from 1Q 2023). Net income: ฿3.25m (up 18% from 1Q 2023). Profit margin: 44% (down from 46% in 1Q 2023).
Upcoming Dividend • Mar 11Upcoming dividend of ฿0.024 per shareEligible shareholders must have bought the stock before 18 March 2024. Payment date: 29 March 2024. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (3.9%).
Declared Dividend • Mar 07Dividend of ฿0.024 announcedShareholders will receive a dividend of ฿0.024. Ex-date: 18th March 2024 Payment date: 29th March 2024 Dividend yield will be 12%, which is higher than the industry average of 3.9%.
공고 • Mar 06MFC Multi-National Residence Fund Announces Dividend for the Period 1 October 2023 to 31 December 2023, Payable on 29 March 2024MFC Multi-National Residence Fund announced on 5 March 2024, the Property Investment Committee agreed to the dividend distribution for the period 1 October 2023 to 31 December 2023. The dividend payment from Net Profit will be at THB 0.0240 per unit. With this, the record date will be 19 March 2024 for the unitholders' right to obtain the dividend. The dividend will be paid on 29 March 2024. Ex-dividend date is 18 March 2024.
Reported Earnings • Mar 03Full year 2023 earnings releasedFull year 2023 results: Revenue: ฿25.4m (up 11% from FY 2022). Net income: ฿12.3m (down 17% from FY 2022). Profit margin: 49% (down from 64% in FY 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Dec 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (฿24m revenue, or US$685k). Market cap is less than US$10m (฿296.7m market cap, or US$8.39m). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results.
공고 • Nov 29MFC Multi-National Residence Fund Announces Omission of Dividend for the Operating Period of 1 July 2023 to 3 0 September 2 0 2 3MFC Multi-National Residence Fund announced that the Investment Committee held on 29 November 2023 has resolved to approve the omission of dividend payment for the operating period of 1 July 2023 to 30 September 2023.
Reported Earnings • Nov 11Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ฿6.65m (up 20% from 3Q 2022). Net income: ฿1.80m (up 5.8% from 3Q 2022). Profit margin: 27% (down from 31% in 3Q 2022).
Upcoming Dividend • Aug 28Upcoming dividend of ฿0.28 per share at 2.1% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 22 September 2023. Trailing yield: 2.1%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (3.5%).
Reported Earnings • Aug 12Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ฿5.81m (flat on 2Q 2022). Net income: ฿1.29m (down 36% from 2Q 2022). Profit margin: 22% (down from 35% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 24Upcoming dividend of ฿0.025 per share at 3.0% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 16 June 2023. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (3.6%).
공고 • May 19MFC Multi-National Residence Fund Announces Dividend for the Period 1 January 2023 to 31 March 2023, Payable on 16 June 2023MFC Multi-National Residence Fund announced on 18 May 2023, the Property Investment Committee had agreed to the dividend distribution for the period 1 January 2023 to 31 March 2023. The dividend payment from Net Profit will be at THB 0.0250 per unit. With this, the record date will be on 1 June 2023 for the unitholders' right to obtain the dividend. The dividend will be paid on 16 June 2023.
Upcoming Dividend • Mar 02Upcoming dividend of ฿0.015 per share at 2.9% yieldEligible shareholders must have bought the stock before 09 March 2023. Payment date: 24 March 2023. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (6.5%).
Reported Earnings • Feb 25Full year 2022 earnings releasedFull year 2022 results: Revenue: ฿22.9m (down 1.5% from FY 2021). Net income: ฿14.8m (up 195% from FY 2021). Profit margin: 64% (up from 22% in FY 2021).
Upcoming Dividend • Dec 06Upcoming dividend of ฿0.015 per shareEligible shareholders must have bought the stock before 13 December 2022. Payment date: 28 December 2022. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (5.6%). Lower than average of industry peers (5.9%).
공고 • Nov 29MFC Multi-National Residence Fund Announces Dividend Distribution for the Period 1 July 2022 to 30 September 2022, Payable on 28 December 2022MFC Multi-National Residence Fund announced that on 29 November 2022, the Property Investment Committee agreed to the dividend distribution for the period 1 July 2022 to 30 September 2022. The dividend payment from Net Profit will be at THB 0.0150 per unit. With this, the record date will be 14 December 2022 for the unitholders' right to obtain the dividend. The dividend will be paid on 28 December 2022.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿0.016 (vs ฿0.012 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.016 (up from ฿0.012 in 3Q 2021). Revenue: ฿5.54m (down 2.4% from 3Q 2021). Net income: ฿1.70m (up 37% from 3Q 2021). Profit margin: 31% (up from 22% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Aug 29Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 05 September 2022. Payment date: 22 September 2022. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (5.5%). Lower than average of industry peers (5.4%).
공고 • Aug 23MFC Multi-National Residence Fund Announces Dividend Distribution for the Period 1 April 2022 to 30 June 2022, Payable on 22 September 2022MFC Multi-National Residence Fund announced that on 22 August 2022, the Property Investment Committee had agreed to the dividend distribution for the period 1 April 2022 to 30 June 2022. The dividend payment from Net Profit and Retained Earnings will be at THB 0.0200 per unit. With this, the record date will be on 6 September 2022 for the unitholders' right to obtain the dividend. The dividend will be paid on 22 September 2022.
Reported Earnings • Aug 19Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ฿5.86m (down 4.2% from 2Q 2021). Net income: ฿2.02m (up 5.5% from 2Q 2021). Profit margin: 35% (up from 31% in 2Q 2021). The increase in margin was driven by lower expenses.
공고 • Jul 20Jariyawadee Suvunditkul acquired Danicha Garden Condominium Building C unit number 39/286 from MFC Multi-National Residence Fund (SET:MNRF) for THB 5.9 million.Jariyawadee Suvunditkul acquired Danicha Garden Condominium Building C unit number 39/286 from MFC Multi-National Residence Fund (SET:MNRF) for THB 5.9 million on July 6, 2022. The deal was approved by the Property Investment Committee of MFC Asset Management Public Company Limited. The proceeds will be used for capital reduction to unit holders at appropriate time. Jariyawadee Suvunditkul completed the acquisition of Danicha Garden Condominium Building C unit number 39/286 from MFC Multi-National Residence Fund (SET:MNRF) for THB 5.9 million on July 6, 2022.
Upcoming Dividend • May 31Upcoming dividend of ฿0.013 per shareEligible shareholders must have bought the stock before 07 June 2022. Payment date: 24 June 2022. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 5.1%.
공고 • May 26MFC Multi-National Residence Fund Announces Dividend for the Period 1 January 2022 to 31 March 2022, Payable on 24 June 2022On 24 May 2022, MFC Multi-National Residence Fund agreed to the dividend distribution for the period 1 January 2022 31 March 2022. The dividend payment from Net Profit will be at THB 0.0130 per unit. With this, the record date will be on 8 June 2022 for the unitholders' right to obtain the dividend. The dividend will be paid on 24 June 2022.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.017 (vs ฿0.016 in 1Q 2021)First quarter 2022 results: EPS: ฿0.017 (up from ฿0.016 in 1Q 2021). Revenue: ฿5.76m (flat on 1Q 2021). Net income: ฿1.84m (up 8.6% from 1Q 2021). Profit margin: 32% (up from 30% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (9 non-independent directors). Director of MFC Asset Management Public Company Limited Pachaleeporn Voraviboonsavat was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Mar 03MFC Multi-National Residence Fund, Annual General Meeting, Apr 22, 2022MFC Multi-National Residence Fund, Annual General Meeting, Apr 22, 2022, at 10:00 SE Asia Standard Time. Agenda: To acknowledge the 2021 Annual General Meeting Report; to acknowledge of 2021 Performance Report; to acknowledge the Financial Statement for the fiscal year ending 31 December 2021; to acknowledge of Dividend Distribution and Capital Reduction for the fiscal year ending 31 December 2021; to acknowledge of 2022 Auditor Appointment and Determination of Remuneration; and to transact other business.
Reported Earnings • Feb 22Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: ฿23.3m (down 11% from FY 2020). Net income: ฿5.01m (up ฿5.19m from FY 2020). Profit margin: 22% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공고 • Feb 16MFC Multi-National Residence Fund Announces Omission of Dividend for the Period 1 December 2021 to 31 December 2021MFC Multi-National Residence Fund announced that the Investment Committee held on 15 February 2022 has resolved to approve the omission of dividend payment for the operating period of 1 December 2021to 31 December 2021.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿0.045 (vs ฿0.035 in 3Q 2020)Third quarter 2021 results: Net income: ฿4.85m (up 29% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Aug 24Upcoming dividend of ฿0.48 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 20 September 2021. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (5.2%).
Reported Earnings • Aug 11Second quarter 2021 earnings releasedSecond quarter 2021 results: Net income: ฿1.91m (up 2.5% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 03Inaugural dividend of ฿0.025 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 28 June 2021. The company last paid an ordinary dividend in November 2020. The average dividend yield among industry peers is 5.5%.
공고 • May 29MFC Multi-National Residence Fund Announces Dividend Distribution for the Period 1 January 2021 31 March 2021, Payable on June 28, 2021MFC Multi-National Residence Fund announced the Property Investment Committee had agreed to the dividend distribution for the period 1 January 2021 31 March 2021. The dividend payment from Net Profit and Retained Earnings will be at THB 0.0250 per unit. The Fund's registration book will be closed on 14 June 2021 for the unit holders' right to obtain the dividend. The dividend will be paid on 28 June 2021.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.016 (vs ฿0.025 in 1Q 2020)First quarter 2021 results: Net income: ฿1.70m (down 37% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공고 • Mar 03MFC Multi-National Residence Fund Omits Dividend Payment for the Three-Month Period Ended 31 December 2020MFC Asset Management Plc., as the Management Company of Multi-National Residence Fund (MNRF) announced that the Investment Committee held on 2 March 2021 has resolved to approve the omission of dividend payment for the operating period of 1 October 2020 to 31 December 2020. As the Fund results in an operating loss from asset appraisal due to decrease in occupancy and rental rate. The Fund therefore considered no dividend payment in this quarter, however, in the first quarter to the third quarter of 2020, the Fund has already paid the unitholders THB 0.1200 per unit.
Reported Earnings • Feb 25Full year 2020 earnings releasedFull year 2020 results: Net loss: ฿180.9k (loss narrowed 100% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 15New 90-day high: ฿3.04The company is up 5.0% from its price of ฿2.90 on 16 November 2020. The Thai market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Jan 13New 90-day high: ฿2.98The company is up 1.0% from its price of ฿2.96 on 09 October 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period.
Upcoming Dividend • Nov 25Upcoming Dividend of ฿0.04 Per ShareWill be paid on the 23rd of December to those who are registered shareholders by the 2nd of December. The trailing yield of 5.5% is below the top quartile of Thai dividend payers (6.7%), and is lower than industry peers (6.8%).
