How does DREIT-F's PE Ratio compare to its peers?

DREIT-F is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (15.3x).

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

DREIT-F is good value based on its Price-To-Earnings Ratio (11x) compared to the Asian REITs industry average (15.3x).

What is DREIT-F'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 DREIT-F's Price-To-Earnings Fair Ratio for valuation analysis.

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

DREIT-F (THB9) is trading below our estimate of [[fair value]] (THB17.9)

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.

DREIT-F Stock Overview

A real estate investment trust. More details

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

Rewards

Trading at 49.7% below our estimate of its fair value

Earnings grew by 45.8% over the past year

Risk Analysis

Shares are highly illiquid

Earnings are forecast to decline by an average of 5.1% per year for the next 3 years

Unstable dividend track record

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

Dusit Thani Freehold and Leasehold Real Estate Investment Trust Competitors

Quality Houses Hotel and Residence Freehold and Leasehold Property Fund

SET:QHHR

฿2.2b

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition

SET:GROREIT

฿2.7b

Luxury Real Estate Investment Fund

SET:LUXF

฿1.6b

Grande Hospitality Real Estate Investment Trust

SET:GAHREIT

฿1.2b

Price History & Performance

Summary of share price highs, lows and changes for Dusit Thani Freehold and Leasehold Real Estate Investment Trust
Historical stock prices
Current Share Price	฿9.00
52 Week High	฿9.00
52 Week Low	฿3.50
Beta	0.46
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	213.59%

Recent updates

Shareholder Returns

	DREIT-F	TH REITs	TH Market
7D	0%	-0.4%	-4.7%
1Y	n/a	-2.0%	-3.4%

Return vs Industry: Insufficient data to determine how DREIT-F performed against the TH REITs industry.

Return vs Market: Insufficient data to determine how DREIT-F performed against the TH Market.

Price Volatility

Is DREIT-F's price volatile compared to industry and market?
DREIT-F volatility
DREIT-F Average Weekly Movement	n/a
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: DREIT-F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine DREIT-F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2017	n/a	n/a	www.dtcreit.com

Dusit Thani Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust. The firm focuses on investing in high potential freehold or leasehold properties especially in hotel properties, as well as investing in other assets that favor hotel-related business, such as meeting and convention room, restaurants, fitness center, spa, swimming pool, tennis court etc. The firm is based in Bangkok, Thailand.

Dusit Thani Freehold and Leasehold Real Estate Investment Trust Fundamentals Summary

How do Dusit Thani Freehold and Leasehold Real Estate Investment Trust's earnings and revenue compare to its market cap?
DREIT-F fundamental statistics
Market cap	฿4.34b
Earnings (TTM)	฿393.05m
Revenue (TTM)	฿505.79m

11.0x

P/E Ratio

8.6x

P/S Ratio

Is DREIT-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DREIT-F income statement (TTM)
Revenue	฿505.79m
Cost of Revenue	฿26.40m
Gross Profit	฿479.39m
Other Expenses	฿86.34m
Earnings	฿393.05m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.55
Gross Margin	94.78%
Net Profit Margin	77.71%
Debt/Equity Ratio	30.9%

How did DREIT-F perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

60%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/07/27 14:27
End of Day Share Price	2022/04/29 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31

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

Dusit Thani Freehold and Leasehold Real Estate Investment Trust is covered by 4 analysts. 1 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
Kasem Prunratanamala	CGS International
Pornthipa Rayabsangduan	CGS International
null null	DBS Bank Ltd

Dusit Thani Freehold and Leasehold Real Estate Investment Trust THAMSE:DREIT-F Stock Report