WHART-F Stock Overview

A real estate investment trust externally managed by WHA Real Estate Management Company Limited. More details

WHART-F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	1/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 33.9% below our estimate of its fair value

Earnings are forecast to grow 11% per year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Large one-off items impacting financial results

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust Competitors

Ticon Freehold and Leasehold Real Estate Investment Trust

SET:FTREIT

฿33.8b

AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust

SET:AIMIRT

฿8.4b

WHA Industrial Leasehold Real Estate Investment Trust

SET:WHAIR

฿6.0b

Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust

SET:PROSPECT

฿3.1b

Price History & Performance

Summary of share price highs, lows and changes for WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust
Historical stock prices
Current Share Price	฿13.00
52 Week High	฿13.10
52 Week Low	฿9.60
Beta	0.52
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	13.04%
5 Year Change	n/a
Change since IPO	23.81%

Recent updates

Shareholder Returns

	WHART-F	TH Industrial REITs	TH Market
7D	n/a	2.6%	1.9%
1Y	n/a	2.6%	-16.2%

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

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

Price Volatility

Is WHART-F's price volatile compared to industry and market?
WHART-F volatility
WHART-F Average Weekly Movement	n/a
Industrial REITs Industry Average Movement	2.1%
Market Average Movement	5.2%
10% most volatile stocks in TH Market	10.4%
10% least volatile stocks in TH Market	2.4%

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

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

About the Company

Founded	Employees	CEO	Website
2014	n/a	Suppasit Sitthasate	www.whareit.com/th/home

WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust is a real estate investment trust externally managed by WHA Real Estate Management Company Limited. The firm invests mostly in property or property leasehold rights and generate benefit from such properties including to improve, alter, develop or dispose other assets in which the Trust invest or possess whatsoever lease, sub-lease or sale or other process for the benefit of the property and create the revenue and return to the Trust and the unitholders. WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust was formed on December 8, 2014 and is based in Bangkok, Thailand.

WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust Fundamentals Summary

How do WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust's earnings and revenue compare to its market cap?
WHART-F fundamental statistics
Market cap	฿35.73b
Earnings (TTM)	฿1.92b
Revenue (TTM)	฿3.52b

18.6x

P/E Ratio

10.2x

P/S Ratio

Is WHART-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WHART-F income statement (TTM)
Revenue	฿3.52b
Cost of Revenue	฿288.72m
Gross Profit	฿3.23b
Other Expenses	฿1.31b
Earnings	฿1.92b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.55
Gross Margin	91.80%
Net Profit Margin	54.58%
Debt/Equity Ratio	41.6%

How did WHART-F perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

83%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/20 12:55
End of Day Share Price	2025/03/19 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

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 Github.

Analyst Sources

WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust is covered by 5 analysts. 3 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
Lik Hsin Aw	CGS International
Chanpen Sirithanarattanakul	DBS Bank Ltd
Chanpen Sirithanarattanakul	DBS Vickers Research