WHA Industrial Leasehold REIT (BKK:WHAIR) EBITDA Margin %: 82.89% (As of Mar. 2026) — 10% Below Median

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BKK:WHAIR WHA Industrial Leasehold REIT BKK:WHAIR
76 GF Score
Price ฿8.10
GF Value ฿6.19
Valuation Significantly Overvalued
! 8 Warning Signs
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What is WHA Industrial Leasehold REIT EBITDA Margin %?

WHA Industrial Leasehold REIT BKK:WHAIR 76 EBITDA Margin % is 82.89% as of Mar. 2026, which is 10% below its 10-year median of 92.42. GuruFocus rates BKK:WHAIR with a GF Score™ of 76/100 and a GF Value™ of ฿6.19 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 743 REITs companies, WHA Industrial Leasehold REIT ranks worse than 72.27% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. WHA Industrial Leasehold REIT's EBITDA for the three months ended in Mar. 2026 was ฿207 Mil. WHA Industrial Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿250 Mil. Therefore, WHA Industrial Leasehold REIT's EBITDA margin for the quarter that ended in Mar. 2026 was 82.89%.


WHA Industrial Leasehold REIT  (BKK:WHAIR) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


WHA Industrial Leasehold REIT EBITDA Margin % Related Terms


WHA Industrial Leasehold REIT EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for WHA Industrial Leasehold REIT's EBITDA Margin % 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.

WHA Industrial Leasehold REIT EBITDA Margin % Chart

WHA Industrial Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.06 92.42 67.41 55.50 58.22

WHA Industrial Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 114.36 85.07 85.41 -53.75 82.89

BKK:WHAIR vs PLD, PSA, EXR: EBITDA Margin % Comparison

For the REIT - Industrial subindustry, WHA Industrial Leasehold REIT's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


WHA Industrial Leasehold REIT EBITDA Margin % vs REITs Industry

For the REITs industry and Real Estate sector, WHA Industrial Leasehold REIT's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where WHA Industrial Leasehold REIT's EBITDA Margin % falls into.


BKK:WHAIR
76GF Score
WHA Industrial Leasehold REIT BKK:WHAIR
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA Industrial Leasehold REIT EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

WHA Industrial Leasehold REIT's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=591.924/1016.699
=58.22 %

WHA Industrial Leasehold REIT's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=206.897/249.612
=82.89 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 82.89% mean?
WHA Industrial Leasehold REIT (BKK:WHAIR) has a EBITDA Margin % of 82.89% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on WHA Industrial Leasehold REIT and its competitors. This is 10% below median its historical median of 92.42. According to the industry distribution chart, WHA Industrial Leasehold REIT ranks #537 out of 743 companies in the REITs industry, placing it in the top 72.3%.
Is WHA Industrial Leasehold REIT's EBITDA Margin % too high?
WHA Industrial Leasehold REIT's current EBITDA Margin % of 82.89% is 10% below median its 10-year median of 92.42. The REITs industry median EBITDA Margin % is 69.59. WHA Industrial Leasehold REIT's value of 82.89% is 19.1% above this industry median. Based on the distribution chart, WHA Industrial Leasehold REIT ranks #537 out of 743 companies in the REITs industry, which is below the industry midpoint. Overall, WHA Industrial Leasehold REIT has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Industrial Leasehold REIT's EBITDA Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, WHA Industrial Leasehold REIT ranks #537 out of 743 companies for EBITDA Margin %. This places WHA Industrial Leasehold REIT in the lower half of its industry. The industry median EBITDA Margin % is 69.59. WHA Industrial Leasehold REIT's value of 82.89% is 19.1% above this benchmark. While the company's 10-year median is 92.42 vs. the industry median of 69.59, WHA Industrial Leasehold REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.59, based on 743 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WHA Industrial Leasehold REIT's current EBITDA Margin % of 82.89% is 19.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on WHA Industrial Leasehold REIT and its competitors. For the REITs industry, the median EBITDA Margin % is 69.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Industrial Leasehold REIT's current EBITDA Margin % is 82.89%, which is 10% below median its own 10-year median of 92.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Industrial Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, WHA Industrial Leasehold REIT (BKK:WHAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.19, compared to a current price of ฿8.10 — trading 30.9% above its estimated fair value. The current EBITDA Margin % is 82.89%, which is 10% below median its 10-year median of 92.42 and 19.1% above the REITs industry median of 69.59. WHA Industrial Leasehold REIT's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For WHA Industrial Leasehold REIT (BKK:WHAIR), the current EBITDA Margin % is 82.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WHA Industrial Leasehold REIT (BKK:WHAIR) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Industrial Leasehold REIT stock appears to be overvalued. The current stock price of ฿8.10 is trading 30.9% above its estimated GF Value™ of ฿6.19. GuruFocus considers WHA Industrial Leasehold REIT to be Significantly Overvalued.

Key valuation signals for BKK:WHAIR:

  • EBITDA Margin %: 82.89% (10% below median its 10-year median of 92.42)
  • GF Value™: ฿6.19 vs. price of ฿8.10 (30.9% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 19.1% above the REITs median (#537 of 743)

No single metric tells the full story. See the BKK:WHAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WHA Industrial Leasehold REIT Business Description

Industry Real EstateREITs
Address Debaratna Road (Bangna-Trad) KM.7, Moo 13, No. 777, WHA Tower, Unit 2101, 21st Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Industrial Leasehold REIT is a Thailand-based REIT. The company invests in leasehold lands mainly in Thailand for the purpose of building warehouses and factories. It serves tenants and entrepreneurs from various industries. The Trust's revenue derives from rental income from ordinary business activities and also includes relevant service income.
76GF Score

Get the complete analysis for BKK:WHAIR

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿8.10
Price
฿6.19
GF Value