SSTRT-F Stock Overview

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

SSTRT-F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (9.3x) is below the TH market (16.4x)

Earnings grew by 33% over the past year

Risk Analysis

Shares are highly illiquid

Dividend of 7.48% is not well covered by earnings or cash flows

Does not have a meaningful market cap (THB1B)

Does not have meaningful revenue (THB132M)

My Notes

Capture your thoughts, links and company narrative

Sub Sri Thai Real Estate Investment Trust Competitors

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust

SET:WHABT

฿1.5b

S Prime Growth Leasehold Real Estate Investment Trust

SET:SPRIME

฿1.9b

Sala @ Sathorn Property Fund

SET:SSPF

฿668.0m

Millionaire Property Fund

SET:MIPF

฿2.0b

Price History & Performance

Summary of share price highs, lows and changes for Sub Sri Thai Real Estate Investment Trust
Historical stock prices
Current Share Price	฿5.00
52 Week High	฿5.55
52 Week Low	฿5.00
Beta	0.11
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	-25.09%

Recent updates

Shareholder Returns

	SSTRT-F	TH Office REITs	TH Market
7D	0%	-0.3%	-1.2%
1Y	n/a	-6.1%	-3.6%

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

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

Price Volatility

Is SSTRT-F's price volatile compared to industry and market?
SSTRT-F volatility
SSTRT-F Average Weekly Movement	n/a
Office REITs Industry Average Movement	2.6%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.7%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: SSTRT-F has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
2017	n/a	Limly Thipphongprahas	www.sstrm.co.th/

Sub Sri Thai Real Estate Investment Trust is a real estate investment trust externally managed by SST REIT Management Company Limited. The firm policy is to invest in main assets that are immovable property or lease rights of immovable property (including sub-lease right to of immovable property) and assets that are the fixtures or accessories of such immovable property, including constructions and other assets that are the fixtures of the land and buildings, instruments, accessories, working systems in the building and other asset released, connected and necessary for exploration of such immovable property. Sub Sri Thai Real Estate Investment Trust was formed on December 13, 2017 and is based in Bangkok, Thailand.

Sub Sri Thai Real Estate Investment Trust Fundamentals Summary

How do Sub Sri Thai Real Estate Investment Trust's earnings and revenue compare to its market cap?
SSTRT-F fundamental statistics
Market cap	฿1.02b
Earnings (TTM)	฿110.27m
Revenue (TTM)	฿131.74m

9.3x

P/E Ratio

7.8x

P/S Ratio

Is SSTRT-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSTRT-F income statement (TTM)
Revenue	฿131.74m
Cost of Revenue	฿8.55m
Gross Profit	฿123.18m
Other Expenses	฿12.91m
Earnings	฿110.27m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.58
Gross Margin	93.51%
Net Profit Margin	83.71%
Debt/Equity Ratio	12.5%

How did SSTRT-F perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

-125%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/07 19:25
End of Day Share Price	2023/11/10 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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

Sub Sri Thai Real Estate Investment Trust is covered by 0 analysts. 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

Sub Sri Thai Real Estate Investment Trust THAMSE:SSTRT-F Stock Report