OTCPK:SAMZ.F

Stock Analysis Report

Samui Airport Property Fund (Leasehold)

Executive Summary

Samui Airport Property Fund (Leasehold) operates as a closed-end property fund in Thailand.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.

Share Price & News

How has Samui Airport Property Fund (Leasehold)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SAMZ.F

1.5%

US REITs

0.4%

US Market


1 Year Return

n/a

SAMZ.F

19.9%

US REITs

6.9%

US Market


Shareholder returns

SAMZ.FIndustryMarket
7 Day0%1.5%0.4%
30 Day0%1.6%-1.1%
90 Day0%7.8%-0.5%
1 Yearn/a25.2%19.9%9.3%6.9%
3 Yearn/a36.0%18.6%45.8%36.4%
5 Yearn/a64.7%30.0%62.9%45.1%

Price Volatility Vs. Market

How volatile is Samui Airport Property Fund (Leasehold)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Samui Airport Property Fund (Leasehold) undervalued compared to its fair value and its price relative to the market?

12.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SAMZ.F ($0.75) is trading above our estimate of fair value ($0.03)

Significantly Undervalued: SAMZ.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SAMZ.F is good value based on its PE Ratio (12.3x) compared to the REITs industry average (36.2x).

PE vs Market: SAMZ.F is good value based on its PE Ratio (12.3x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: SAMZ.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SAMZ.F is good value based on its PB Ratio (1.7x) compared to the US REITs industry average (2x).


Next Steps

Future Growth

How is Samui Airport Property Fund (Leasehold) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAMZ.F's earnings are forecast to decline over the next 3 years (-10.2% per year).

Earnings vs Market: SAMZ.F's earnings are forecast to decline over the next 3 years (-10.2% per year).

High Growth Earnings: SAMZ.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SAMZ.F's revenue (3.1% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: SAMZ.F's revenue (3.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Samui Airport Property Fund (Leasehold) performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SAMZ.F's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: SAMZ.F's earnings growth over the past year (10.4%) is below its 5-year average (12% per year).

Earnings vs Industry: SAMZ.F earnings growth over the past year (10.4%) underperformed the REITs industry 17.6%.


Return on Equity

High ROE: SAMZ.F's Return on Equity (14%) is considered low.


Return on Assets

ROA vs Industry: SAMZ.F has a higher Return on Assets than the REITs industry average last year.


Return on Capital Employed

ROCE Improving: SAMZ.F's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Samui Airport Property Fund (Leasehold)'s financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Asset Level: SAMZ.F's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if SAMZ.F has a sufficient allowance for bad loans.

Low Risk Liabilities: SAMZ.F reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if SAMZ.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: SAMZ.F has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if SAMZ.F has an appropriate level of bad loans.


Next Steps

Dividend

What is Samui Airport Property Fund (Leasehold)'s current dividend yield, its reliability and sustainability?

5.85%

Current Dividend Yield


Dividend Yield vs Market

company5.8%marketbottom25%1.4%markettop25%3.7%industryaverage3.6%forecastin3Years6.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SAMZ.F's dividend (5.85%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: SAMZ.F's dividend (5.85%) is in the top 25% of dividend payers in the US market (3.73%)

Stable Dividend: SAMZ.F's dividend payments have been volatile in the past 10 years.

Growing Dividend: SAMZ.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (96.2%), SAMZ.F's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SAMZ.F's dividends in 3 years are forecast to be covered by earnings (93.2% payout ratio).


Next Steps

Management

What is the CEO of Samui Airport Property Fund (Leasehold)'s salary, the management and board of directors tenure and is there insider trading?


CEO

Yuthapol Laplamool 0

0yrs

Tenure

0

Mr. Yuthapol Laplamool, CFA, serves as Managing Director and Director of Phatra Asset Management Co Ltd, the Management Company of Samui Airport Property Fund (Leasehold) and Urbana Property Fund (leasehol ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Chinawat Samranyoo

    EVP, Head of Sale Management Division and Acting VP - Mktg & Strategy

    • Tenure: 0yrs
  • Wongjan Sripaoraya

    EVP and Head of Risk Management & Compliance Division - Siam City Asset Management

    • Tenure: 10.5yrs
  • Yuthapol Laplamool

    MD & Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Alisa Kumpolpunth

    Assistant Managing Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Natachuta Guptarak

    Assistant Managing Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Tippawan Iamopas

    Assistant Managing Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Siriporn Sawatamnuaychoke

    Head of Operations Dept - Phatra Asset Management Co Ltd and VP - Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Vitchaya Bunjoungmanee

    VP & Head of Internal Audit & Surveillance - Phatra Asset Mgmt Co Ltd

    • Tenure: 0yrs
  • Anugul Pitichaichan

    Acting Senior Vice President of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Gun Klinsong

    Assistant VP & Head of Compliance - Phatra Asset Management Co Ltd

    • Tenure: 0yrs

Board Members

  • Kulnan Tsanthaiwo (54yo)

    Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Aphinant Klewpatinond (49yo)

    Chairman of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Pipat Luengnaruemitchai

    Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Yuwana Ratanawichien

    Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs
  • Yuthapol Laplamool

    MD & Director of Phatra Asset Management Co Ltd

    • Tenure: 0yrs

Company Information

Samui Airport Property Fund (Leasehold)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Samui Airport Property Fund (Leasehold)
  • Ticker: SAMZ.F
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Specialized REITs
  • Sector: Real Estate
  • Market Cap: ฿22.420b
  • Listing Market Cap: ฿726.389m
  • Shares outstanding: 950.00m
  • Website: https://www.samuiairportpropertyfund.com

Location

  • Samui Airport Property Fund (Leasehold)
  • Muang Thai - Phatra Complex Building
  • Tower A, 19th Floor
  • Bangkok
  • 10310
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPFSET (The Stock Exchange of Thailand)YesUnitsTHTHBNov 2006
SAMZ.FOTCPK (Pink Sheets LLC)YesUnitsUSUSDNov 2006

Biography

Samui Airport Property Fund (Leasehold) operates as a closed-end property fund in Thailand. It engages in purchasing, leasing, subleasing, letting, subletting, transferring, or disposing immovable properti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/30 00:14
End of Day Share Price2019/05/01 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.