Valuation: Thailand Future Fund

Market Cap 31.08B 926M 809M 749M 687M 1.3B 89.23B 1.32B 8.93B 3.51B 43.58B 3.48B 3.4B 150B P/E 2025 *
16x
P/E 2026 * 16.4x
Enterprise Value 30.54B 910M 796M 736M 675M 1.28B 87.7B 1.3B 8.77B 3.45B 42.83B 3.42B 3.34B 148B EV / Sales 2025 *
13.3x
EV / Sales 2026 * 13.3x
Free-Float
82.73%
Yield 2025 *
6.97%
Yield 2026 * 6.99%
05-15 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2026 to March 31, 2026, Payable on June 16, 2026 CI
03-12 Thailand Future Fund Announces Advisory Committee Changes, Effective March 12, 2026 CI
02-27 DBS Bank Downgrades Thailand Future Fund to Hold from Buy; Price Target is THB7 MT
02-17 Thailand Future Fund Approves 29th Dividend from October 1, 2025 to December 31, 2025, Payable on March 18, 2026 CI
02-02 Thailand Future Fund Announces Changes in Investment Advisory Committee Membership, Effective February 2, 2026 CI
11-27 Thailand Future Fund Approves 28Th Dividend from July 1, 2025 to September 30, 2025, Payable on December 25, 2025 CI
18/08/25 Thailand Future Fund Approves Dividend for the Period from April 1, 2025 to June 30, 2025, Payable September 15, 2025 CI
17/05/25 Thailand Future Fund Announces Dividend for the Operating Period from January 1, 2025 to March 31, 2025, Payable on June 16, 2025 CI
17/02/25 Thailand Future Fund Declares Dividend for Period During October 1, 2024 to December 31, 2024, Payable on March 17, 2025 CI
07/02/25 Thailand Future Fund Announces Investment Advisory Committee Member Changes CI
03/10/24 Investment: 5 markets that could benefit from the Chinese awakening Zonebourse
16/08/24 Thailand Future Fund Approves Dividend for the Period from April 1, 2024 to June 30, 2024, Payable September 13, 2024 CI
16/05/24 Thailand Future Fund Approves Dividend for the Period from January 1, 2024 to March 31, 2024, Payable June 14, 2024 CI
1 day+0.74%
1 week+1.49%
Current month+1.49%
1 month+1.49%
3 months+4.62%
6 months+4.62%
Current year+8.80%
1 week 6.7
Extreme 6.7
6.8
1 month 6.6
Extreme 6.6
6.85
Current year 6.2
Extreme 6.2
6.95
1 year 5.75
Extreme 5.75
6.95
3 years 5.25
Extreme 5.25
7.6
5 years 5.25
Extreme 5.25
8.5
10 years 5.25
Extreme 5.25
13.4
Change 5-day change 1-year change 3-year change Capi.($)
+0.74%+1.49%+17.24%-10.53% 926M
+1.40%+1.52%+18.73%+19.41% 11.48B
+0.65%-1.05%-0.94%+70.74% 3.93B
-7.11%-0.42%-15.47%0.00% 942M
-0.07%+1.86% - - 696M
0.00%-2.25%-46.30%-70.00% 137M
+2.16%0.00%+35.99%+110.06% 92.59M
-3.10%+8.24%+41.32% - 61.09M
Average -0.33%+1.51%+7.23%+19.95% 2.28B
Weighted average by Cap. +0.67%+0.20%+12.08%+28.09%

Financials

2025 *2026 *
Net sales 2.29B 68.25M 59.66M 55.17M 50.63M 95.82M 6.58B 97.49M 658M 258M 3.21B 256M 251M 11.09B 2.29B 68.32M 59.72M 55.23M 50.68M 95.91M 6.58B 97.58M 659M 259M 3.21B 257M 251M 11.1B
Net income 2.17B 64.7M 56.56M 52.3M 47.99M 90.84M 6.23B 92.41M 624M 245M 3.04B 243M 238M 10.51B 1.9B 56.47M 49.36M 45.65M 41.89M 79.28M 5.44B 80.66M 544M 214M 2.66B 212M 207M 9.17B
Net Debt -535M -15.95M -13.94M -12.89M -11.83M -22.39M -1.54B -22.78M -154M -60.4M -750M -59.89M -58.57M -2.59B -550M -16.4M -14.34M -13.26M -12.17M -23.03M -1.58B -23.43M -158M -62.13M -772M -61.61M -60.25M -2.67B
Logo Thailand Future Fund
Thailand Future Fund (the Fund) is a Thailand-based closed-end non-redeemable mutual fund. The Fund's objective is to utilize the proceeds from the offering of investment units by investing in infrastructure businesses that have the potential to generate returns and create income for the Fund. Additionally, it aims to achieve continuous growth in investment returns to enable the Fund to distribute returns to unitholders. Investments may also include other securities and/or the utilization of benefits from other means, as prescribed by securities laws and/or other relevant regulations. The Company’s projects include the Chalongrat Expressway Project (Ram Intra-Achanong) and the Buraphawithi Expressway Project (Bangna-Chonburi). The Fund is jointly managed by Krungthai Asset Management Public Company Limited (KTAM) and MFC Asset Management Public Company Limited (MFC) (collectively known as the Management Companies). Kasikornbank Public Company Limited serves as the Fund’s supervisor.
Employees
-
Date Price Change Volume
16/07/26 THB 6.800 +0.74% 5,293,710
15/07/26 THB 6.750 +0.75% 6,419,533
14/07/26 THB 6.700 0.00% 691,923
13/07/26 THB 6.700 -0.74% 1,995,395
10/07/26 THB 6.750 +0.75% 2,379,609
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
6.800THB
Average target price
7.250THB
Spread / Average Target
+6.62%

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. TFFIF Stock