1. Thailand Stocks

  2. •

    Finance

  3. •

    Real estate development
Eastern Star Real Estate Public Co., Ltd.

Eastern Star Real Estate Public Co., Ltd.

0.24
THB
-0.01
(-4.00%)
0.03EPS
6.20P/E
1.00BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.32
0.25
0.34
0.38
0.52
0.34
0.27
0.53
0.25
0.35
0.26
0.39
0.4
0.45
Basic EPS, GAAP
0.03
0.06
0.03
0.04
0.08
0.02
0.01
0.04
- -
0.01
0.01
0.01
0.03
0.03
Free Cash Flow per Basic Share
0.02
-0.07
0.07
0.09
0.09
0.13
0.04
0.1
-0.02
0.07
-0.06
-0.1
0.05
0.1
Dividend per Share
- -
- -
0.03
0.02
0.04
0.06
0.02
- -
0.01
- -
- -
- -
0.01
- -
Book Value per Share
0.85
0.91
0.9
0.92
0.96
0.93
0.92
0.96
0.95
0.96
0.97
0.98
0.99
0.98
Tangible Book Value per Share
0.85
0.91
0.9
0.92
0.96
0.93
0.92
0.95
0.95
0.96
0.97
0.98
0.99
0.98
Basic Weighted Avg Shares
5,022
5,022
5,022
5,022
5,022
5,022
5,022
5,022
5,022
5,115
4,988
4,872
5,056
4,992
Sales/Revenue/Turnover
1,625
1,253
1,693
1,909
2,597
1,706
1,373
2,646
1,254
1,797
1,283
1,883
2,022
2,240
Operating Margin (%)
12.13
9.71
6.66
13.07
13.17
7.82
1.53
12.38
-3.46
3.2
-0.71
2.29
7.33
8.27
Depreciation Expense
30
31
31
25
28
33
41
65
65
49
54
54
48
49
Net Income, GAAP
149
280
133
202
406
115
53
189
22
51
30
34
126
161
Effective Tax Rate (%)
22.55
18.35
23.24
23.65
- -
21.98
28.71
27.28
33.27
32.14
12.81
41.88
19.04
19.01
Profit Margin (%)
9.2
22.33
7.84
10.61
15.64
6.77
3.83
7.12
1.73
2.85
2.33
1.81
6.25
7.19
Working Capital
2,092
1,985
1,909
2,006
2,103
2,185
2,507
3,089
2,545
2,509
2,956
3,645
2,852
2,457
LT Debt
547
- -
- -
- -
- -
464
822
1,379
980
876
1,246
1,459
687
542
Total Equity
4,391
4,669
4,652
4,727
4,931
4,770
4,722
4,916
4,884
4,935
4,981
5,016
5,093
5,029
Return on Invested Capital (%)
3.37
4.53
2.14
3.56
- -
1.9
0.56
2.57
-0.28
0.7
0.13
0.37
1.76
2.14
Return on Capital (%)
3.76
5.46
2.48
4.07
- -
2.18
0.91
2.85
0.57
0.96
0.52
0.63
2.07
2.48
Return on Common Equity (%)
3.56
6.34
2.92
4.43
8.62
2.44
1.14
4.01
0.45
1.07
0.62
0.7
2.56
3.3

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
927
1,055
1,273
LT Borrowings
680
586
540
LT Finance Leases
7
5
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,022
5,022
5,022
Market Capitalization
1,004
1,155
1,004

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,256
4,277
4,122
Cash, Cash Equivalents & STI
251
253
212
Accounts Receivable, Net
3
2
2
Inventories
3,960
3,976
3,856
Total Current Liabilities
1,405
1,485
1,664
Payables & Accruals
390
318
292
ST Debt
927
1,055
1,273
Deferred Revenue
48
36
22

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.93%
0.72%
1.55%
Free Cash Flow
-77.11%
-190.21%
-150.21%
Net Income, GAAP
57.61%
58.19%
270.63%
Sales/Revenue/Turnover
10.39%
3.25%
7.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
335
156
704
688
1,883
2025
288
348
240
1,146
2,022
2026
520
335
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.01
- -
0.01
0.01
2025
- -
- -
- -
0.03
0.03
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pairoj Wattanavarodom
Full Time Employees
139
Sector
Finance
Industry
Real estate development
Address
Ploenchit Tower Building Bangkok BM Thailand 10330
IPO Date
Feb 15, 1994
Website
estarpcl.com
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Business
Eastern Star Real Estate Public Company Limited (ESTAR.BK) engages in real estate development for sale and rent, golf course operations, and related services primarily in Thailand. Founded in 1989 and headquartered at Ploenchit Tower, Floor 5, 898 Ploenchit Road, Lumpini, Pathum Wan, Bangkok, the company operates through three main segments: real estate business, which develops and sells land, houses, townhomes, detached homes, and residential condominium units including premium projects like those in Sukhumvit 39 near BTS Phrom Phong, Kanchanaphisek Road near MRT Lak Song, U-Tapao-Ban Chang, and Lat Krabang near Suvarnabhumi Airport; golf course business, featuring facilities in Bangkok and Rayong Province with sports memberships; and rental business, leasing single detached houses and apartment buildings alongside real estate management and administration. It targets middle-to-upper income residential customers in key growth areas such as greater Bangkok and eastern seaboard regions accessible via motorways, expressways, BTS, MRT, and Airport Rail Link. Recent developments include ongoing launches of luxury townhomes and detached homes starting from 2.29 million to 20.9 million baht with promotions like free furniture, air conditioning, and sports memberships, alongside sustained operations in its diversified segments amid a stable market capitalization of approximately 954 million baht as of late 2025.