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Raimon Land Public Company Limited

Raimon Land Public Company Limited

RML.BK
Raimon Land Public Company LimitedTH flagStock Exchange of Thailand
0.10
THB
- -
- -
579.52MMarket Cap
Raimon Land Public Company Limited
RML.BK
(Stock Exchange of Thailand)

Recent

price

0.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1
0.35
1.54
1.56
1.8
1.39
1.41
0.8
0.82
0.74
0.7
0.52
0.02
0.01
0.03
0.02
0.02
Revenue per Share
0.02
-0.14
0.14
0.2
0.34
0.25
0.23
0.05
- -
0.02
-0.17
-0.11
-0.07
-0.2
-0.24
-0.16
-0.16
Basic EPS, GAAP
0.09
-0.32
0.22
-0.03
0.51
0.18
0.35
-0.26
-0.57
0.12
0.42
0.18
-0.06
-0.13
-0.1
-0.02
-0.02
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.05
0.07
0.03
0.01
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.49
0.34
0.55
0.78
1.1
1.34
1.52
1.51
1.63
1.41
1.25
1.14
1.08
0.9
0.82
0.56
0.54
Book Value per Share
0.4
0.16
0.42
0.61
0.95
1.2
1.38
1.38
1.13
1.29
1.18
1.07
1.02
0.84
0.58
0.36
0.33
Tangible Book Value per Share
3,316
3,316
3,538
3,648
3,648
3,648
3,648
3,648
3,681
4,257
4,257
4,257
4,257
4,182
5,071
5,795
5,799
Basic Weighted Avg Shares
3,321
1,163
5,449
5,681
6,581
5,081
5,127
2,929
3,026
3,149
3,001
2,215
105
52
147
130
110
Sales/Revenue/Turnover
13.96
-16.88
17.52
19.33
26.44
25.16
21.99
9.36
0.22
-1.41
-12.54
-12.74
-220.04
-694.55
-267.97
-261.73
-294.52
Operating Margin (%)
25
41
39
35
59
66
65
65
68
61
68
51
42
49
55
62
58
Depreciation Expense
64
-474
496
746
1,225
901
851
193
18
79
-718
-453
-312
-833
-1,213
-913
-918
Net Income, GAAP
25.91
- -
34.63
24.62
25.28
21.44
20.89
23.58
95.29
66.74
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.92
-40.77
9.1
13.14
18.61
17.73
16.59
6.59
0.58
2.52
-23.94
-20.44
-298.33
-1,591.39
-826.55
-704.56
-831.7
Profit Margin (%)
4,628
6,008
2,792
2,328
3,456
4,393
5,059
4,308
1,619
524
2,144
372
-1,186
466
-26
-324
-676
Working Capital
4,540
6,592
2,477
1,785
1,545
1,412
2,004
1,705
2,114
1,241
2,845
1,815
1,227
1,332
606
651
363
LT Debt
1,398
603
1,556
2,306
3,544
4,451
5,108
5,104
5,769
5,730
5,024
4,577
4,329
3,500
2,973
2,088
1,938
Total Equity
4.74
- -
8.09
10.52
17.39
13.82
11.55
2.43
- -
-0.12
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
2.41
- -
8.36
10.63
16.68
13.32
11.39
2.81
0.36
1.36
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
2.95
-34.32
32.25
31.03
35.57
20.22
16.33
3.49
0.31
1.32
-12.7
-8.91
-6.61
-20.02
-30.64
-24.62
-25.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,558
2,590
2,750
LT Borrowings
592
627
343
LT Finance Leases
50
23
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,795
5,795
5,795
Market Capitalization
870
754
696

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,364
3,376
3,243
Cash, Cash Equivalents & STI
21
19
19
Accounts Receivable, Net
1
- -
- -
Inventories
2,643
2,613
2,566
Total Current Liabilities
3,626
3,700
3,919
Payables & Accruals
336
392
439
ST Debt
2,558
2,590
2,750
Deferred Revenue
287
336
338

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.36%
-15.66%
-29.79%
Free Cash Flow
0.01%
-33.82%
-82.19%
Net Income, GAAP
-71.09%
23.97%
-24.71%
Sales/Revenue/Turnover
-4.22%
-0.58%
-11.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10
6
24
107
147
2025
91
8
11
20
130
2026
72
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
-0.08
-0.03
- -
-0.24
2025
-0.02
-0.04
-0.04
- -
-0.16
2026
-0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Raimon Land Public Company Limited (RML.BK) is a Thailand-based developer of luxury and ultra-luxury real estate, specializing in high-end residential condominiums, commercial offices, hospitality properties, and retail spaces; its core offerings include luxury condominiums such as The Estelle Phrom Phong, Tait Sathorn 12, The Lofts series, The River, 185 Rajadamri, and Zire Wongamat; Grade A+ office buildings like One City Centre (OCC) in Bangkok's Ploenchit district; mixed-use developments with premium office, retail, and lifestyle facilities; niche townhouses and villas including The 528 Estate and Mews Yen Akat; property rental, leasing, resale agency services; and long-term project management for high-net-worth individuals and multinational corporations in Thailand's prime urban and beachfront locations. Founded in 1987 and headquartered in Bangkok, the company operates primarily in Bangkok, Pattaya, and Phuket, with projects emphasizing innovative designs, customer-centric amenities, riverfront and beachfront positioning, and state-of-the-art facilities to elevate cityscapes and lifestyles. Listed on the Stock Exchange of Thailand since 1993 (initially as RAIMON, changed to RML in 2012), Raimon Land focuses on the luxury real estate segment, delivering residential properties in central business districts, hospitality-integrated developments, and commercial spaces for top-tier tenants. In recent developments, the company reports strong 2024 performance from Tait Sathorn 12 achieving 99% sales and THB 4,050 million in transfers, alongside OCC reaching nearly 80% occupancy; it executed a transformation strategy featuring a THB 681 million capital increase from shareholders, organizational restructuring for cost reduction, asset-light partnerships with landowners, accelerated inventory clearance, and effective debt management; further, RML exceeded bond issuance targets in early 2025 with oversubscribed secured bonds at up to 7.3% interest across four tranches, plans three new projects worth THB 19 billion and a Q2 luxury mixed-use launch in Phuket valued at THB 10 billion, and targets THB 7.5 billion in 2025 sales representing 80% growth.