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PROSPECTU.BK SET (Bangkok) Commercial REITs

Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust

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Mcap
P/E
EV / Rev
Div yield
8,87 %
Op margin
46,5 %
ROE
2,0 %
Net margin
49,8 %
Debt / equity
0,54
Beta
52w range
Volume
Day range
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About

Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust owns and operates logistics and industrial real estate properties, generating income primarily through rental agreements with tenants.

Business. Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust (PROSPECTU.BK) is a commercial real estate investment trust that generates rental income from logistics and industrial properties. The company is listed on the Stock Exchange of Thailand (SET) in Bangkok. Specific details regarding operating segments, headquarters location, and geographic concentration are not provided in the available data.

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
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
2,0 %
return on equity
Quality
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

0
  • No recent newsroom coverage mentioning PROSPECTU.
  • 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 PROSPECTU.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

    Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust (PROSPECTU.BK) is a commercial real estate investment trust that generates rental income from logistics and industrial properties. The company is listed on the Stock Exchange of Thailand (SET) in Bangkok. Specific details regarding operating segments, headquarters location, and geographic concentration are not provided in the available data.

    Classification92 %
    SectorReal Estate
    IndustryCommercial REITs
    AI synthesis
    GENERATED

    The company maintains a debt-to-equity ratio of 0.54, indicating a moderate level of leverage relative to its equity base. Its liquidity position is assessed as medium, with cash and equivalents amounting to 62.28 million THB, which is significantly lower than its long-term debt of 1.89 billion THB. The free cash flow is negative at -10.6 million THB, suggesting that the company is not generating sufficient cash from operations to cover capital expenditures or other investment needs.

    In terms of profitability, the company's return on equity (ROE) is 2.04%, and its return on assets (ROA) is 1.31%. These figures are below the industry median for Commercial REITs, indicating that the company is underperforming in terms of capital efficiency and asset utilization.

    The company's revenue is concentrated in logistics and industrial real estate, with no disclosed geographic diversification. This concentration may expose the company to regional economic downturns or regulatory changes that could impact tenant demand and rental income.

    The company's growth trajectory is modest, with no significant revenue growth reported in the latest financial period. The operating income of 66.25 million THB and net income of 70.96 million THB suggest stable but not robust performance. The outlook for the next fiscal year is neutral, with no substantial changes expected in revenue or profitability.

    The risk assessment indicates a medium liquidity risk, primarily due to the negative free cash flow and the significant amount of long-term debt. The dilution risk is assessed as low, with no immediate plans for additional share issuance or dilution of existing shareholders.

    Recent events include the filing of the latest financial report, which provides a detailed overview of the company's financial position and operational performance. No significant corporate actions or regulatory changes have been disclosed in the recent filings.

    Key takeaways
    • The company has a moderate debt-to-equity ratio of 0.54, indicating a balanced capital structure.
    • The company's ROE of 2.04% and ROA of 1.31% are below the industry median, suggesting underperformance in capital efficiency.
    • The company's revenue is concentrated in logistics and industrial real estate, with no geographic diversification.
    • The company's liquidity position is medium, with a negative free cash flow of -10.6 million THB.
    • The company's risk assessment indicates a medium liquidity risk and a low dilution risk.
    • The company's growth trajectory is modest, with no significant revenue growth reported in the latest financial period.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Net income surged 102.1% year-over-year to THB 577.9 million, demonstrating exceptional profitability growth momentum.

    Free cash flow improved dramatically by 852.6% to THB 213.9 million, indicating significantly enhanced cash generation capabilities.

    Revenue grew at a robust 17.9% compound annual growth rate over the last four fiscal years.

    Cash conversion ratio of 1.86 significantly outperforms the cohort median of 1.07, reflecting strong cash realization.

    BEAR CASE · 4

    The company faces high credit risk, which could impair financial stability and increase borrowing costs significantly.

    Return on equity of 2.04% lags behind the commercial REITs cohort median of 3.63%, indicating lower capital efficiency.

    Long-term debt increased substantially to THB 4.46 billion in the latest period, raising leverage concerns.

    Medium liquidity risk flags potential challenges in meeting short-term obligations or trading constraints.

    In focus — financials by report

    Annual
    ANNUALFiled 2022-02-14
    FY 2022 · Full-year highlights

    Revenue THB 439.2M; Operating income THB 204.9M.

    RevenueTHB 439.2M
    Operating incomeTHB 204.9M
    Net incomeTHB 209.3M
    Free cash flowTHB 12.4M
    EPS
    Operating cash flowTHB 332.4M
    Financials
    Income statement
    RevenueTHB 439.2M
    Gross profitTHB 327.8M
    Operating incomeTHB 204.9M
    Net incomeTHB 209.3M
    Margins
    Gross margin74.6%
    Operating margin46.6%
    Net margin47.6%
    FCF margin2.8%
    Balance sheet
    Total assetsTHB 3.62B
    Total liabilitiesTHB 1.23B
    Total equityTHB 2.40B
    Cash & equivalentsTHB 23.0M
    Long-term debtTHB 1.19B
    Cash flow
    Operating cash flowTHB 332.4M
    CapEx
    Free cash flowTHB 12.4M
    SBC
    P&L flow · revenue → net income
    Revenue THB 142.5MOperating costs THB 76.3MNet income THB 71.0M
    Highlights
    • Revenue THB 439.2M
    • Operating income THB 204.9M
    • Net margin 47.6%

    Valuation FY

    Market price
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $3.48B
    Net cash
    -$1.83B
    Current ratio
    Debt / equity
    0.5
    ROA
    1.3%
    ROE
    2.0%
    Cash conversion
    186.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    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

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin46,5 %Below median
    Net Margin49,8 %Above median
    ROE2,0 %Below median
    D/E0,54Above median
    Cash Conv1,86Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    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
    • Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust Market data — financials · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    PROSPECTU.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
    2022-02-14 14:25 UTCEARNINGSAnnual results — FY 2022 Revenue THB 439.2M · Net THB 209.3M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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