Frasers Property (Thailand) Public Company Limited, together with its subsidiaries, primarily develops industrial real estate properties in Thailand.
+ 1 more risk
Good value with proven track record and pays a dividend.
Share Price & News
How has Frasers Property (Thailand)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6TI's share price has been volatile over the past 3 months.
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: 6TI underperformed the German Real Estate industry which returned 13% over the past year.
Return vs Market: 6TI underperformed the German Market which returned 12.4% over the past year.
Price Volatility Vs. Market
How volatile is Frasers Property (Thailand)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Frasers Property (Thailand) undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6TI (€0.27) is trading above our estimate of fair value (€0.05)
Significantly Below Fair Value: 6TI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6TI is good value based on its PE Ratio (10x) compared to the DE Real Estate industry average (11.9x).
PE vs Market: 6TI is good value based on its PE Ratio (10x) compared to the German market (22.1x).
Price to Earnings Growth Ratio
PEG Ratio: 6TI is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 6TI is good value based on its PB Ratio (0.8x) compared to the DE Real Estate industry average (1.4x).
How is Frasers Property (Thailand) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6TI's forecast earnings growth (12.3% per year) is above the savings rate (0.2%).
Earnings vs Market: 6TI's earnings (12.3% per year) are forecast to grow slower than the German market (25.5% per year).
High Growth Earnings: 6TI's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6TI's revenue (3.9% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: 6TI's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6TI's Return on Equity is forecast to be low in 3 years time (7.2%).
How has Frasers Property (Thailand) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6TI has a large one-off gain of ฿721.0M impacting its June 30 2020 financial results.
Growing Profit Margin: 6TI's current net profit margins (11.9%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: 6TI's earnings have grown significantly by 28.2% per year over the past 5 years.
Accelerating Growth: 6TI's earnings growth over the past year (65.5%) exceeds its 5-year average (28.2% per year).
Earnings vs Industry: 6TI earnings growth over the past year (65.5%) exceeded the Real Estate industry 7.5%.
Return on Equity
High ROE: 6TI's Return on Equity (8.3%) is considered low.
How is Frasers Property (Thailand)'s financial position?
Financial Position Analysis
Short Term Liabilities: 6TI's short term assets (฿40.2B) exceed its short term liabilities (฿22.4B).
Long Term Liabilities: 6TI's short term assets (฿40.2B) do not cover its long term liabilities (฿46.0B).
Debt to Equity History and Analysis
Debt Level: 6TI's debt to equity ratio (193.4%) is considered high.
Reducing Debt: 6TI's debt to equity ratio has increased from 190.3% to 193.4% over the past 5 years.
Debt Coverage: 6TI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6TI's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is Frasers Property (Thailand) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6TI's dividend (4.11%) is higher than the bottom 25% of dividend payers in the German market (1.23%).
High Dividend: 6TI's dividend (4.11%) is in the top 25% of dividend payers in the German market (3.74%)
Stability and Growth of Payments
Stable Dividend: 6TI's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6TI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41%), 6TI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6TI's dividends in 3 years are forecast to be well covered by earnings (24.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sopon Racharaksa (48 yo)
Mr. Sopon Racharaksa has been the President of Frasers Property (Thailand) Public Company Limited (formerly known as TICON Industrial Connection Public Company Limited) since January 16, 2017 and its Actin ...
|President & Acting CEO||2.42yrs||no data||no data|
|Senior VP of Finance & Accounting and Acting CFO||0.67yr||no data||no data|
|Executive Vice President of Strategy & Investment||1.83yrs||no data||no data|
|Head of Administration||no data||no data||no data|
|Vice President of Legal & Compliance and Company Secretary||no data||no data||no data|
|Head of Corporate Communication||no data||no data||no data|
|Head of Human Resources||3.58yrs||no data||no data|
|Head of Sales & Leasing - Factory||2.83yrs||no data||no data|
|Head of Sales & Leasing-Factory||2.75yrs||no data||no data|
|Head of Corporate Governance & Risk Management||2.83yrs||no data||no data|
|Head of Information Technology||no data||no data||no data|
|Head of Purchasing||no data||no data||no data|
Experienced Management: 6TI's management team is considered experienced (2.8 years average tenure).
|Independent Director||16.33yrs||฿1.64m||no data|
|Director||0.67yr||no data||no data|
|Independent Chairman of the Board||3.58yrs||฿2.50m||no data|
|Independent Director||3.33yrs||฿1.91m||no data|
Experienced Board: 6TI's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15%.
Frasers Property (Thailand) Public Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Frasers Property (Thailand) Public Company Limited
- Ticker: 6TI
- Exchange: BST
- Founded: 1990
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: ฿25.976b
- Listing Market Cap: ฿705.921m
- Shares outstanding: 2.32b
- Website: https://www.frasersproperty.co.th
- Frasers Property (Thailand) Public Company Limited
- No. 944 Mitrtown Office Tower
- 22nd- 23rd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FPT-F||THAMSE (Bangkok-Alien Market Stock Exchange)||THB1 (ALIEN)||TH||THB||Jun 2002|
|FPT||SET (The Stock Exchange of Thailand)||Yes||Ordinary Shares||TH||THB||Jun 2002|
|FPT-R||SET (The Stock Exchange of Thailand)||THB1(NVDR)||TH||THB||Jun 2002|
|6TI||BST (Boerse-Stuttgart)||THB1 (ALIEN)||DE||EUR||Jun 2002|
Frasers Property (Thailand) Public Company Limited, together with its subsidiaries, primarily develops industrial real estate properties in Thailand. The company develops, rents, and sells factories and wa ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/15 03:57|
|End of Day Share Price||2020/08/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.