1. Thailand Stocks

  2. •

    Finance

  3. •

    Real estate development
Quality Houses Public Co. Ltd.

Quality Houses Public Co. Ltd.

1.39
THB
+0.01
(+0.72%)
0.18EPS
7.61P/E
14.49BMarket Cap
Nov 09Next Earn
Quality Houses Public Co. Ltd.
SET:QH.R
(Stock Exchange of Thailand)

Recent

price

1.39

P/E

ratio

7.61

div

yld

6.45%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
1.34
0.92
1.22
1.84
1.98
1.9
1.79
1.6
1.48
1
0.85
0.76
0.86
0.84
0.79
0.71
0.73
Revenue per Share
0.2
0.08
0.23
0.31
0.31
0.29
0.29
0.32
0.35
0.27
0.2
0.16
0.22
0.23
0.2
0.16
0.18
Basic EPS, GAAP
-0.1
-0.54
-0.17
0.3
-0.26
0.08
0.29
0.39
0.22
0.19
0.48
0.28
0.24
0.1
0.06
0.34
0.41
Free Cash Flow per Basic Share
0.1
0.09
0.01
0.16
0.14
0.07
0.16
0.15
0.21
0.21
0.17
0.11
0.11
0.15
0.13
0.1
0.09
Dividend per Share
1.25
1.25
1.47
1.61
1.79
2.01
2.14
2.31
2.45
2.51
2.48
2.52
2.6
2.65
2.74
2.82
2.83
Book Value per Share
1.12
1.11
1.39
1.53
1.72
1.95
2.09
2.27
2.42
2.48
2.48
2.52
2.6
2.65
2.74
2.82
2.83
Tangible Book Value per Share
9,890
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,714
10,705
Basic Weighted Avg Shares
13,241
9,849
13,077
19,699
21,220
20,358
19,125
17,106
15,888
10,680
9,138
8,120
9,226
8,968
8,439
7,569
7,841
Sales/Revenue/Turnover
14.65
6.16
11.2
15.59
14.76
13.33
11.76
8.94
16.78
14.94
13.81
10.27
14.67
13.42
10.04
3.57
5.27
Operating Margin (%)
284
244
221
176
179
191
190
183
181
231
390
375
362
321
292
317
311
Depreciation Expense
2,003
853
2,450
3,307
3,329
3,106
3,085
3,462
3,798
2,854
2,123
1,670
2,396
2,503
2,150
1,728
1,913
Net Income, GAAP
23.37
17.61
22.8
16.13
15.88
14.46
12.49
9
12.45
9.34
11.79
11.66
10.74
8.08
8.19
7.03
6.59
Effective Tax Rate (%)
15.12
8.66
18.74
16.79
15.69
15.26
16.13
20.24
23.9
26.72
23.24
20.56
25.96
27.91
25.48
22.83
24.4
Profit Margin (%)
7,261
6,907
14,310
17,421
17,585
20,357
21,266
17,737
15,643
16,646
16,565
12,042
15,492
13,072
15,185
17,143
15,026
Working Capital
11,490
12,723
15,012
16,012
18,600
17,987
17,989
15,190
12,590
12,088
11,316
6,917
9,241
5,269
7,228
7,306
5,445
LT Debt
13,373
13,410
15,795
17,277
19,149
21,545
22,940
24,802
26,286
26,863
26,568
26,985
27,833
28,373
29,305
30,239
30,192
Total Equity
8.14
1.56
2.76
7.03
6.39
4.99
4.05
2.86
4.76
2.98
2.41
1.68
2.89
2.75
1.9
0.62
0.96
Return on Invested Capital (%)
8.23
3.47
7.24
9.24
8.65
7.31
6.98
7.83
8.42
6.59
5.33
4.44
6.27
6.74
5.76
4.69
5.12
Return on Capital (%)
15.48
6.37
16.78
20
18.28
15.27
13.87
14.5
14.87
10.74
7.95
6.24
8.74
8.91
7.46
5.8
6.43
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,723
4,475
3,722
LT Borrowings
6,294
3,819
4,343
LT Finance Leases
1,012
954
1,101
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,713
10,710
10,653
Market Capitalization
14,248
14,779
14,488

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20,724
20,850
20,433
Cash, Cash Equivalents & STI
1,477
2,335
2,795
Accounts Receivable, Net
54
58
51
Inventories
19,022
18,265
17,409
Total Current Liabilities
3,581
6,315
5,408
Payables & Accruals
383
330
260
ST Debt
1,723
4,475
3,722
Deferred Revenue
123
118
137

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.48%
2.62%
3.19%
Free Cash Flow
72.14%
67.1%
493.62%
Net Income, GAAP
-3.64%
-1.43%
-19.64%
Sales/Revenue/Turnover
-8.75%
-3.31%
-10.31%
Total Cash Common Dividend
- -
- -
-23.07%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,735
2,372
2,348
1,984
8,439
2025
1,365
1,713
2,300
2,191
7,569
2026
1,674
1,676
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.06
0.05
0.04
0.2
2025
0.04
0.03
0.04
0.05
0.16
2026
0.04
0.04
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
0.03
- -
0.13
2025
- -
0.08
0.02
- -
0.1
2026
- -
0.07
- -
- -
- -
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Business
Quality Houses Public Company Limited (QH.BK), founded in 1983 and headquartered in Bangkok, Thailand, engages primarily in property development across residential and commercial segments in Thailand. The company develops and sells land and houses, residential condominium units; operates hotels under the Centre Point brand providing residential services; rents office buildings; manages residential and commercial buildings and public utilities; leases land; and manufactures and distributes precast concrete products. Its key projects include low-rise housing developments such as Laddarom, Prukpirom, Q District, Q Prime, and Casa Premium townhomes and detached homes located in greater Bangkok areas including Ratchaphruek, Ramindra, Chatuchot, Sukhumvit, and Suksawat; subsidiaries encompass Casa Ville Co., Ltd., Q.H. International Co., Ltd., and Property Host Co., Ltd., supporting its real estate, hotel, rental, and other operations targeting middle-income families and urban professionals. In 2023, the company launched six new low-rise housing projects valued at 8,589 million baht, emphasizing innovation in response to strong demand; it maintains a focus on sustainable development and reported stable financial performance into 2025 with reviewed quarterly results and an ongoing equity buyback program for up to 750 million shares representing 7% of its capital.