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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Intrinsic Value: Projected FCF : ฿6.68 (As of May. 11, 2024)


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What is Frasers Property Thailand Industrial Freehold & Leasehold REIT Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-11), Frasers Property Thailand Industrial Freehold & Leasehold REIT's Intrinsic Value: Projected FCF is ฿6.68. The stock price of Frasers Property Thailand Industrial Freehold & Leasehold REIT is ฿9.55. Therefore, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Price-to-Intrinsic-Value-Projected-FCF of today is 1.4.

The historical rank and industry rank for Frasers Property Thailand Industrial Freehold & Leasehold REIT's Intrinsic Value: Projected FCF or its related term are showing as below:

BKK:FTREIT' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.34   Med: 1.46   Max: 2.11
Current: 1.43

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Frasers Property Thailand Industrial Freehold & Leasehold REIT was 2.11. The lowest was 1.34. And the median was 1.46.

BKK:FTREIT's Price-to-Projected-FCF is ranked worse than
86.29% of 547 companies
in the REITs industry
Industry Median: 0.67 vs BKK:FTREIT: 1.43

Frasers Property Thailand Industrial Freehold & Leasehold REIT Intrinsic Value: Projected FCF Historical Data

The historical data trend for Frasers Property Thailand Industrial Freehold & Leasehold REIT's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frasers Property Thailand Industrial Freehold & Leasehold REIT Intrinsic Value: Projected FCF Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 5.98 6.93 6.77

Frasers Property Thailand Industrial Freehold & Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.43 7.44 6.77 7.43 7.03

Competitive Comparison of Frasers Property Thailand Industrial Freehold & Leasehold REIT's Intrinsic Value: Projected FCF

For the REIT - Industrial subindustry, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frasers Property Thailand Industrial Freehold & Leasehold REIT's Price-to-Projected-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Frasers Property Thailand Industrial Freehold & Leasehold REIT's Price-to-Projected-FCF falls into.



Frasers Property Thailand Industrial Freehold & Leasehold REIT Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Frasers Property Thailand Industrial Freehold & Leasehold REIT's Free Cash Flow(6 year avg) = ฿-281.06.

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-281.05504+35821.749*0.8)/3283.387
=7.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Frasers Property Thailand Industrial Freehold & Leasehold REIT  (BKK:FTREIT) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.55/7.913065502599
=1.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Frasers Property Thailand Industrial Freehold & Leasehold REIT Intrinsic Value: Projected FCF Related Terms

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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, No.944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330
Frasers Property Thailand Industrial Freehold & Leasehold REIT buys land and parks to develop factory building and offer it for rent in Thailand. The company also provides logistic warehouse, custom factories and warehouse and sales and leasebacks. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties.

Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Headlines

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