Mfc-Nichada Thani Property Fund (BKK:MNIT) 3-Year Book Growth Rate : 0.20% (As of Dec. 2023)

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What is Mfc-Nichada Thani Property Fund 3-Year Book Growth Rate?

Mfc-Nichada Thani Property Fund's Book Value per Share for the quarter that ended in Dec. 2023 was ฿5.12.

During the past 12 months, Mfc-Nichada Thani Property Fund's average Book Value per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was -0.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Mfc-Nichada Thani Property Fund was 0.20% per year. The lowest was -21.70% per year. And the median was -0.85% per year.

Competitive Comparison of Mfc-Nichada Thani Property Fund's 3-Year Book Growth Rate

For the REIT - Residential subindustry, Mfc-Nichada Thani Property Fund's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Mfc-Nichada Thani Property Fund's 3-Year Book Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's 3-Year Book Growth Rate falls into.

Mfc-Nichada Thani Property Fund 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Mfc-Nichada Thani Property Fund (BKK:MNIT) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Mfc-Nichada Thani Property Fund 3-Year Book Growth Rate Related Terms

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Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mfc-Nichada Thani Property Fund (BKK:MNIT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110

Website

https://www.mfcfund.com

Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Headlines

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