Quality Houses Hotel And Residence Freehold And Leasehold Reit

฿8.05As of Sun 8 Nov 2026, 12:00 UTC

SET:QHHRREITReal Estate

Country Thailand

PE (Fwd) 6.480

TSR 10Y CAGR 3.84%

Div yield —

ROE 5.08%

REIT (Hotel & Motel)

Beta (5Y) —

PE TTM 12.19

TSR TTM 42.75%

Mkt cap ฿3.260B

ROIC 5.58%

SE Grade™

—

Value

Quality

Moat

1Y Price

Reference

฿8.54

6.04%

5.89%

Price near Reference Value

TTM

FYE 31 Dec THB

FY2021

FY2022

FY2023

FY2025

FY2026E

Trend

10Y

Peers

499.6

Revenue฿M

—

91.93

137.2

251.2

500.3

577.3

75.90%

—

Revenue growth%

—

49.28

83.03

99.18

15.39

83.03

—

86.22

Gross margin%

—

71.62

29.96

2.39

89.63

85.13

50.79

—

84.18

Operating margin%

—

30.61

29.18

0.78

87.77

84.15

29.89

—

53.55

Net margin%

—

(172.54)

(123.05)

2.93

67.08

54.84

(60.06)

—

12.19

P/E ratio (avg)x

—

293.2

6.472

8.544

149.9

—

13.00

EV/EBITx

—

66.00

45.63

1,152

8.061

10.84

55.81

—

(37.91)

FCF yield (avg)%

—

0.48

1.37

4.06

1.72

(21.34)

1.54

—

(247.35)

FCF margin%

—

9.70

18.10

34.85

7.45

(100.00)

13.90

—

(4.619)

FCF / Net incomex

—

(0.056)

(0.147)

11.91

0.111

(1.823)

0.027

—

5.58

ROIC%

—

0.90

0.04

7.33

6.26

0.90

—

5.08

Return on equity%

—

(3.81)

0.17

7.26

5.93

0.17

—

3.52

Return on assets%

—

(3.77)

0.17

5.44

3.94

0.17

—

0.66

EPS฿

—

(0.47)

(0.50)

0.02

1.00

0.94

4465.71%

—

EPS growth%

—

(6.46)

104.35

4465.71

(5.67)

104.35

—

12.99

Bookvalue per sh฿

—

13.20

12.66

13.76

16.14

2.11%

—

(3.05)

FCF per share฿

—

0.03

0.07

0.26

0.11

(1.72)

61.09%

—

Dividend per sh฿

—

Div yield (avg)%

—

Payout ratio%

—

405.0

Shares (diluted)M

—

336.0

◌336.0

—

Buyback yield%

—

◌—

—

0.433

D/E ratiox

—

0.028

0.311

0.473

0.028

—

5.466

Enterprise value฿B

—

1.857

1.827

2.266

3.540

5.267

23.98%

—

2.262

LT debt฿B

—

0.105

1.426

2.548

1258.03%

—

Peers (US$79.40M)

Cap (US$)

Dusit Thani Freehold…

102.6M

8.006x

Grande Royal Orchid…

100.8M

11.73x

Sri panwa Hospitality…

41.40M

6.050x

Amata Summit Growth…

79.75M

9.183x

Capital

TTM

10Y

Leveragex

6.770

7.646

EBIT/Intx

6.184

4.321

Own earn%

—

Sh yield%

—

Owners

Insiders/Inst%

—

0.10

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

2/4

Revenue growth years

3/3

EPS growth years

2/3

Dividend streakyrs

Op margin range%

1–88

$1 testx

1.8

Incr. ROIC%

—

Quality Houses Hotel And Residence Freehold And Leasehold Reit engages in investing in Centre Point hotels and residences. The company is based in Bangkok, Thailand.

Growth vs revenue

Latest

Trend

3Y CAGR

Rel growth

Revenue

฿500.3M

75.90%

1.00×

Cost of revenue

฿51.89M

25.76%

0.37×

Operating expenses

฿9.316M

(37.25%)

0.05×

Asset mix

Trend

Other

98.85%

Cash and investments

1.15%

Reinvestment returns

4Y median

Trend

Reinvestment rate

n/m

Return on capital

0.90%

Spread over hurdle

(4.66%)