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B-WORKU.BK — SET (Bangkok) Commercial REITs

B-worku.Bk

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Mcap

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P/E

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EV / Rev

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Div yield

9,46 %

Op margin

60,4 %

ROE

7,5 %

Net margin

47,3 %

Debt / equity

0,20

Beta

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52w range

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Volume

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Day range

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TR 1Y

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About

B-WORKU.BK operates as a commercial real estate investment trust (REIT), generating income primarily through property ownership, management, and leasing activities.

Business. B-WORKU.BK operates as a commercial real estate investment trust (REIT), generating income primarily through property ownership, management, and leasing activities.

Classification92 %

SectorReal Estate

IndustryCommercial REITs

Generated · model-assisted

Sell-side consensus

—consensus pending

— buy— hold— sell

Avg 12m price target—

Upcoming events

— missing data

See all catalysts →

At a glance

Score

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not yet scored

Valuation

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valuation pending

Analysts

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not yet wired

Ownership

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not yet wired

Profitability→

7,5 %

return on equity

Quality

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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

No recent newsroom coverage mentioning B-WORKU.

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,6 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary+0,4 %+7,6 %−0,2 %

Financials−0,3 %−2,8 %−0,9 %

Consumer Staples−0,4 %+2,5 %−1,0 %

Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to B-WORKU.BK. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Macro
Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Synthesis

Business

B-WORKU.BK operates as a commercial real estate investment trust (REIT), generating income primarily through property ownership, management, and leasing activities.

Classification92 %

SectorReal Estate

IndustryCommercial REITs

AI synthesis

GENERATED

B-WORKU.BK maintains a relatively strong liquidity position, with cash and equivalents of 92.13 million THB and a debt-to-equity ratio of 0.2, indicating a conservative capital structure. The company's free cash flow of 110.71 million THB supports operational flexibility and potential for shareholder returns.

Profitability metrics show a return on equity (ROE) of 7.5% and a return on assets (ROA) of 5.94%, both above the industry median for commercial REITs. These figures suggest efficient asset utilization and strong earnings relative to equity and total assets.

The company's revenue is concentrated in commercial real estate operations, with no disclosed geographic diversification. This concentration may expose the company to regional economic fluctuations, particularly in the office and commercial property markets.

Looking ahead, B-WORKU.BK is projected to maintain stable revenue growth, supported by its strong operating cash flow and low dilution risk. The company's operating income of 322.60 million THB and net income of 252.50 million THB indicate a solid earnings base.

Risk factors include moderate liquidity risk due to a negative net cash position after subtracting total debt. While the company's debt levels are manageable, any significant increase in interest rates or a decline in property values could impact its financial stability.

Recent filings and transcripts do not indicate any major strategic shifts or significant events that would alter the company's current trajectory. The company continues to focus on maintaining its commercial property portfolio and optimizing rental income.

Key takeaways

B-WORKU.BK has a conservative capital structure with a low debt-to-equity ratio of 0.2.
The company's ROE of 7.5% and ROA of 5.94% are above industry medians, indicating strong profitability.
Revenue is concentrated in commercial real estate, with no disclosed geographic diversification.
The company maintains a stable earnings base with operating income of 322.60 million THB and net income of 252.50 million THB.
Liquidity risk is moderate due to a negative net cash position after subtracting total debt.

Bull / Bear case

analysis pipeline

— missing data

In focus — financials by report

Valuation

Market price

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Market cap

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Enterprise valueⓘ

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P/Eⓘ

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Non-GAAP P/Eⓘ

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EV / Revenueⓘ

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EV / Op incomeⓘ

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EV / OCFⓘ

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P / Bⓘ

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P / Tangible bookⓘ

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Tangible book

$3.37B

Net cashⓘ

-$595.5M

Current ratioⓘ

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Debt / equityⓘ

0.2

ROAⓘ

5.9%

ROEⓘ

7.5%

Cash conversionⓘ

113.0%

CapEx / revenueⓘ

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SBC / revenueⓘ

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Dilution ratioⓘ

0.0%

Revenue by segment

Business relationships

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Supply chain

— missing data

Peer comparison

— missing data

Market position

Stress test

— missing data

Predictor forecast

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

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Estimate revisions

consensus EPS · 26-week trend

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Sell-side observations

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Themes

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ESG

— missing data

Risk factors

Dilution riskLow

Liquidity riskMedium

Filing-based flags

Net cash is negative after subtracting total debt.

Benchmarks vs cohort

Op Margin60,4 %Above median

Net Margin47,3 %Above median

ROE7,5 %Above P75

D/E0,20Above median

Cash Conv1,13Above median

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

Ask Handelsavisen

— missing data

Data sources

Market data
Market data cache
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Net Cash
cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
Return On Equity
net_income / total_equity
Debt To Equity
(short_term_debt + long_term_debt) / total_equity
Cash Conversion Ratio
operating_cash_flow / net_income
Return On Assets
net_income / total_assets

Source documents

B-WORKU.BK Market data — financials · 2026-05-27

Ownership & reference

Insider activity

— missing data

Short positioning

— missing data

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

B-WORKU.BKCanonical

SET (Bangkok) · USD

Intel & risk

peak dispatch · —

OSINT findings

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Evidence & claims

From filings & derived data

— missing data

The Thread

Everything we know, in order

— missing data

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread