1. Thailand Stocks

  2. •

    Finance

  3. •

    Real estate development
Frasers Property Thailand Public Co. Ltd.

Frasers Property Thailand Public Co. Ltd.

6.95
THB
-0.05
(-0.71%)
1.00EPS
6.44P/E
15.08BMarket Cap
Nov 10Next Earn
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.69
6.26
5.61
4.12
1.49
1.05
11.3
9.47
6.62
6.78
6.95
6.14
6.23
5.7
Basic EPS, GAAP
1.54
1.48
0.74
0.68
0.24
0.26
0.96
1.34
0.68
1.06
0.8
0.62
0.63
1.01
Free Cash Flow per Basic Share
4.23
4.06
3.12
2.81
0.07
0.81
-2.06
0.8
1.81
1.94
1.19
1.32
1.48
1.65
Dividend per Share
0.19
0.95
0.89
0.49
0.49
0.08
0.84
0.48
0.6
0.35
0.44
0.4
0.31
0.31
Book Value per Share
8.53
9.03
10.19
10.39
10.14
13.27
13.17
13.91
14.85
15.58
15.85
15.82
15.73
16.45
Tangible Book Value per Share
8.53
8.66
9.51
9.75
9.53
12.92
12.3
13.08
14.79
15.53
15.81
15.78
15.69
16.41
Basic Weighted Avg Shares
842
955
1,025
1,125
1,125
1,847
1,869
2,086
2,319
2,319
2,319
2,319
2,319
2,344
Sales/Revenue/Turnover
5,640
5,983
5,750
4,635
1,676
1,940
21,128
19,759
15,358
15,722
16,113
14,246
14,449
13,355
Operating Margin (%)
37.37
35.75
23.94
23.83
28.61
34.33
23.32
20.46
16.31
20.72
15.38
16.41
15.89
12.77
Depreciation Expense
389
376
433
523
436
531
1,125
1,069
1,044
1,053
1,249
1,233
1,241
1,232
Net Income, GAAP
1,297
1,414
762
770
275
480
1,791
2,791
1,586
2,464
1,852
1,438
1,461
2,368
Effective Tax Rate (%)
16.71
16.39
15.39
10.43
27.66
- -
18.51
18.2
15.53
17.88
19.02
20.3
14.31
4.82
Profit Margin (%)
22.99
23.64
13.25
16.61
16.41
24.74
8.48
14.13
10.33
15.67
11.49
10.09
10.11
17.73
Working Capital
-2,608
-447
-2,948
-4,937
-7,379
-992
15,558
21,713
13,474
12,531
17,798
19,896
17,338
17,182
LT Debt
7,505
12,446
14,343
16,342
14,592
9,220
33,835
35,791
33,881
35,616
36,968
39,513
36,292
37,037
Total Equity
7,897
8,688
11,466
11,689
11,418
24,934
27,870
32,133
34,253
36,487
37,082
36,474
36,221
37,879
Return on Invested Capital (%)
10.67
8.32
4.38
3.17
1.03
- -
6.86
4.59
2.95
3.65
2.89
2.46
2.49
2.21
Return on Capital (%)
9.93
8.73
4.92
4.65
2.55
- -
3.53
4.66
3.05
3.73
3.14
2.73
2.93
3.96
Return on Common Equity (%)
19.02
17.05
7.56
6.65
2.38
2.64
6.87
9.39
4.76
6.99
5.08
3.91
3.99
6.32

Capital Structure

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
13,954
14,550
16,103
LT Borrowings
31,221
33,239
32,168
LT Finance Leases
4,331
4,393
4,869
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,319
2,319
2,319
Market Capitalization
13,916
13,916
15,075

Working Capital

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
34,997
38,858
39,347
Cash, Cash Equivalents & STI
778
884
1,403
Accounts Receivable, Net
669
691
788
Inventories
32,803
36,450
35,943
Total Current Liabilities
18,763
20,392
22,164
Payables & Accruals
4,237
5,251
5,475
ST Debt
13,954
14,550
16,103
Deferred Revenue
52
59
56

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.75%
2.48%
-0.69%
Free Cash Flow
146.9%
28.96%
11.89%
Net Income, GAAP
30.69%
-6.69%
1.58%
Sales/Revenue/Turnover
88.76%
-5.52%
1.42%
Total Cash Common Dividend
81.54%
-1.36%
-22.5%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,830
3,490
3,779
4,086
14,246
2025
3,250
2,992
3,973
4,280
14,449
2026
3,465
2,684
2,926
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.06
0.14
0.27
0.62
2025
0.14
0.1
0.27
0.12
0.63
2026
0.14
0.55
0.21
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.36
- -
- -
0.4
2025
- -
0.33
- -
-0.01
0.31
2026
- -
0.32
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hua Tiong Lim
Full Time Employees
1,484
Sector
Finance
Industry
Real estate development
Address
No. 193, One Bangkok Tower 5 Bangkok BM Thailand 10330
IPO Date
Jun 13, 2002
Website
frasersproperty.co.th
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
Frasers Property (Thailand) Public Company Limited (FPT.BK) operates as a fully integrated real estate developer and manager in Thailand, focusing on residential, industrial, and commercial property segments; it develops and sells low-rise residential projects including single-detached houses, semi-detached houses, townhomes, and condominiums, while providing tailored industrial solutions such as ready-built factories and warehouses, built-to-suit facilities, asset management, and offerings to investment trusts like Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT), Thailand's largest industrial and logistics trust; in the commercial domain, the company delivers landmark mixed-use developments encompassing office buildings, retail spaces, hotels, serviced apartments, and condominiums primarily in Bangkok's central business district, including properties like Samyan Mitrtown, FYI Center, Sathorn Square, Park Venture, and W Bangkok Hotel. Established in 1990 as TICON Industrial Connection PCL and listed on the Stock Exchange of Thailand in 2002, the company, headquartered at Mitrtown Office Tower in Bangkok, rebranded to Frasers Property (Thailand) PLC in 2019 following its acquisition of Golden Land Property Development Public Company Limited (GOLD), which expanded its portfolio into residential, commercial, and hospitality sectors and led to GOLD's delisting in 2020; it maintains a 94.5% stake in GOLD and operates under the "One Platform" strategy as part of the global Frasers Property Limited group. Recent developments include a July 2025 strategic memorandum of understanding with UOB Thailand to support industrial investments, trade promotion, and financial services for businesses expanding in Thailand, Vietnam, and Indonesia; the launch of Frasers Property Last Mile Hub in Puchao Saming Phrai with a green-designed warehouse delivered to Thai Beverage PLC Logistics; increased stakes to full ownership in Indonesian subsidiaries PT SLP Surya TICON Internusa and PT Surya Internusa Timur; establishment of subsidiaries for Vietnam operations, including NM1 Vietnam Company Limited; and the sale of its data center joint venture stake to parent Frasers Property Holdings (Thailand) in 2023 to refocus on core real estate activities.