FTREIT-F Stock Overview

A real estate investment trust externally managed by TICON Management Company Limited. More details

FTREIT-F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 43.9% below our estimate of its fair value

Risk Analysis

Dividend of 7.41% is not well covered by earnings or free cash flows

Shares are highly illiquid

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Ticon Freehold and Leasehold Real Estate Investment Trust Competitors

WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust

SET:WHART

฿34.2b

AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust

SET:AIMIRT

฿8.2b

WHA Industrial Leasehold Real Estate Investment Trust

SET:WHAIR

฿6.1b

Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust

SET:PROSPECT

฿3.2b

Price History & Performance

Summary of share price highs, lows and changes for Ticon Freehold and Leasehold Real Estate Investment Trust
Historical stock prices
Current Share Price	฿11.00
52 Week High	฿11.40
52 Week Low	฿10.50
Beta	0.41
1 Month Change	-3.51%
3 Month Change	-3.51%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	51.93%

Recent updates

Shareholder Returns

	FTREIT-F	TH Industrial REITs	TH Market
7D	0%	-2.3%	-0.05%
1Y	n/a	0.3%	-1.8%

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

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

Price Volatility

Is FTREIT-F's price volatile compared to industry and market?
FTREIT-F volatility
FTREIT-F Average Weekly Movement	n/a
Industrial REITs Industry Average Movement	2.5%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.8%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: FTREIT-F's share price has been volatile over the past 3 months compared to the TH market.

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

About the Company

Founded	Employees	CEO	Website
2014	n/a	Thanarat Boonyakosol	www.treit.co.th/

Ticon Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust externally managed by TICON Management Company Limited. The firm acquire, lease and/or sub-lease of immovable properties. It will take the transfer of the ownership and/or leasehold rights and/or sub-leasehold rights therein and seek benefits from those properties by way of lease, sub-lease, transferring and/or disposing of immovable properties the Trust invests in or acquires.

Ticon Freehold and Leasehold Real Estate Investment Trust Fundamentals Summary

How do Ticon Freehold and Leasehold Real Estate Investment Trust's earnings and revenue compare to its market cap?
FTREIT-F fundamental statistics
Market cap	฿33.16b
Earnings (TTM)	฿2.40b
Revenue (TTM)	฿3.97b

13.8x

P/E Ratio

8.4x

P/S Ratio

Is FTREIT-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTREIT-F income statement (TTM)
Revenue	฿3.97b
Cost of Revenue	฿921.93m
Gross Profit	฿3.05b
Other Expenses	฿644.74m
Earnings	฿2.40b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.73
Gross Margin	76.77%
Net Profit Margin	60.52%
Debt/Equity Ratio	37.6%

How did FTREIT-F perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

107%

Payout Ratio

Does FTREIT-F pay a reliable dividends?

See FTREIT-F dividend history and benchmarks

When do you need to buy FTREIT-F by to receive an upcoming dividend?
Ticon Freehold and Leasehold Real Estate Investment Trust dividend dates
Ex Dividend Date	Dec 11 2024
Dividend Pay Date	Dec 26 2024
Days until Ex dividend	14 days
Days until Dividend pay date	1 day

Does FTREIT-F pay a reliable dividends?

See FTREIT-F dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 01:53
End of Day Share Price	2024/12/03 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

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

Ticon Freehold and Leasehold Real Estate Investment Trust is covered by 5 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
Thaninee Satirareungchai	DBS Bank Ltd
Chanpen Sirithanarattanakul	DBS Vickers Research
Sirikarn Krisnipat	Krungsri Securities Public Company Limited