How does KTBSTMR's PE Ratio compare to its peers?

KTBSTMR is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (11.3x).

How does KTBSTMR's PE Ratio compare vs other companies in the Asian REITs Industry?

KTBSTMR is good value based on its Price-To-Earnings Ratio (8.3x) compared to the Asian REITs industry average (14.2x).

What is KTBSTMR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate KTBSTMR's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of KTBSTMR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

KTBSTMR (THB6.25) is trading below our estimate of [[fair value]] (THB14.6)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

KTBSTMR Stock Overview

A real estate investment trust, invests in various property development projects in Thailand. More details

KTBSTMR fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 57.2% below our estimate of its fair value

Earnings grew by 4% over the past year

Risk Analysis

Does not have a meaningful market cap (THB2B)

My Notes

Capture your thoughts, links and company narrative

KTBST Mixed Freehold and Leasehold Real Estate Investment Trust Competitors

CPN Commercial Growth Leasehold Property Fund

SET:CPNCG

฿2.6b

Sri panwa Hospitality Real Estate Investment Trust

SET:SRIPANWA

฿1.5b

Trinity Freehold and Leasehold Property Fund

SET:TNPF

฿212.3m

S Prime Growth Leasehold Real Estate Investment Trust

SET:SPRIME

฿1.8b

Price History & Performance

Summary of share price highs, lows and changes for KTBST Mixed Freehold and Leasehold Real Estate Investment Trust
Historical stock prices
Current Share Price	฿6.25
52 Week High	฿8.00
52 Week Low	฿6.10
Beta	0.060
1 Month Change	-3.85%
3 Month Change	-7.41%
1 Year Change	-1.57%
3 Year Change	-35.90%
5 Year Change	n/a
Change since IPO	-37.19%

Recent updates

Shareholder Returns

	KTBSTMR	TH REITs	TH Market
7D	-1.6%	-0.4%	-4.7%
1Y	-1.6%	-2.0%	-3.4%

Return vs Industry: KTBSTMR matched the TH REITs industry which returned -2% over the past year.

Return vs Market: KTBSTMR exceeded the TH Market which returned -3.4% over the past year.

Price Volatility

Is KTBSTMR's price volatile compared to industry and market?
KTBSTMR volatility
KTBSTMR Average Weekly Movement	2.4%
REITs Industry Average Movement	2.8%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: KTBSTMR has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: KTBSTMR's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Phonlasit Phumiwasana	www.ktbstmr.com

KTBST Mixed Freehold and Leasehold Real Estate Investment Trust, a real estate investment trust, invests in various property development projects in Thailand. It has rights to lease and sub-lease land, warehouse and factory buildings, office buildings, data centers, and community malls. The company was founded in 2021 and is based in Bangkok, Thailand.

KTBST Mixed Freehold and Leasehold Real Estate Investment Trust Fundamentals Summary

How do KTBST Mixed Freehold and Leasehold Real Estate Investment Trust's earnings and revenue compare to its market cap?
KTBSTMR fundamental statistics
Market cap	฿1.88b
Earnings (TTM)	฿226.56m
Revenue (TTM)	฿376.90m

8.3x

P/E Ratio

5.0x

P/S Ratio

Is KTBSTMR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KTBSTMR income statement (TTM)
Revenue	฿376.90m
Cost of Revenue	฿42.05m
Gross Profit	฿334.85m
Other Expenses	฿108.28m
Earnings	฿226.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.75
Gross Margin	88.84%
Net Profit Margin	60.11%
Debt/Equity Ratio	23.8%

How did KTBSTMR perform over the long term?

See historical performance and comparison

Dividends

11.2%

Current Dividend Yield

81%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 05:47
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

KTBST Mixed Freehold and Leasehold Real Estate Investment Trust is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution