Millionaire Property Fund (BKK:MIPF) EV-to-EBIT: 12.50 (As of Aug. 01, 2026) — 34% Below Median

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BKK:MIPF Millionaire Property Fund BKK:MIPF
75 GF Score
Price ฿9.05
GF Value ฿10.94
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Millionaire Property Fund EV-to-EBIT?

Millionaire Property Fund BKK:MIPF 75 EV-to-EBIT is 12.50 as of Aug. 01, 2026, which is 34% below its 10-year median of 18.86. GuruFocus rates BKK:MIPF with a GF Score™ of 75/100 and a GF Value™ of ฿10.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 655 REITs companies, Millionaire Property Fund ranks better than 71.3% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Millionaire Property Fund's Enterprise Value is ฿1,676.3 Mil. Millionaire Property Fund's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿134.1 Mil. Therefore, Millionaire Property Fund's EV-to-EBIT for today is 12.50.

The historical rank and industry rank for Millionaire Property Fund's EV-to-EBIT or its related term are showing as below:

BKK:MIPF' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.15   Med: 18.86   Max: 28.29
Current: 12.5

During the past 13 years, the highest EV-to-EBIT of Millionaire Property Fund was 28.29. The lowest was 12.15. And the median was 18.86.

BKK:MIPF's EV-to-EBIT is ranked better than
71.3% of 655 companies
in the REITs industry
Industry Median: 18.2 vs BKK:MIPF: 12.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Millionaire Property Fund's Enterprise Value for the quarter that ended in Mar. 2026 was ฿1,723.8 Mil. Millionaire Property Fund's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿134.1 Mil. Millionaire Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.78%.


Millionaire Property Fund  (BKK:MIPF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Millionaire Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=134.063/1723.775
=7.78 %

Millionaire Property Fund's Enterprise Value for the quarter that ended in Mar. 2026 was ฿1,723.8 Mil.
Millionaire Property Fund's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿134.1 Mil.

* 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.


Millionaire Property Fund EV-to-EBIT Related Terms


Millionaire Property Fund EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Millionaire Property Fund's EV-to-EBIT 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.

Millionaire Property Fund EV-to-EBIT Chart

Millionaire Property Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.30 21.91 19.19 19.58 12.57

Millionaire Property Fund Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 15.66 13.75 12.81 12.57 12.86

BKK:MIPF vs BXP, ARE, VNO: EV-to-EBIT Comparison

For the REIT - Office subindustry, Millionaire Property Fund's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Millionaire Property Fund EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's EV-to-EBIT falls into.


BKK:MIPF
75GF Score
Millionaire Property Fund BKK:MIPF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millionaire Property Fund EV-to-EBIT Calculation

Millionaire Property Fund's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1676.275/134.063
=12.50

Millionaire Property Fund's current Enterprise Value is ฿1,676.3 Mil.
Millionaire Property Fund's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿134.1 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 12.50 mean?
Millionaire Property Fund (BKK:MIPF) has a EV-to-EBIT of 12.50 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Millionaire Property Fund and its competitors. This is 34% below median its historical median of 18.86. Over the past decade, Millionaire Property Fund's EV-to-EBIT has ranged from 12.15 to 28.29. According to the industry distribution chart, Millionaire Property Fund ranks #188 out of 655 companies in the REITs industry, placing it in the top 28.7%.
Is Millionaire Property Fund's EV-to-EBIT too high?
Millionaire Property Fund's current EV-to-EBIT of 12.50 is 34% below median its 10-year median of 18.86. Over the past 10 years, this metric has ranged from a low of 12.15 to a high of 28.29. The REITs industry median EV-to-EBIT is 18.20. Millionaire Property Fund's value of 12.50 is 31.3% below this industry median. Based on the distribution chart, Millionaire Property Fund ranks #188 out of 655 companies in the REITs industry, which is above the industry midpoint. Overall, Millionaire Property Fund has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Millionaire Property Fund ranks #188 out of 655 companies for EV-to-EBIT. This puts Millionaire Property Fund in the upper half of its industry. The industry median EV-to-EBIT is 18.20. Millionaire Property Fund's value of 12.50 is 31.3% below this benchmark. Historically, Millionaire Property Fund's own EV-to-EBIT has ranged from 12.15 to 28.29 over the past decade. While the company's 10-year median is 18.86 vs. the industry median of 18.20, Millionaire Property Fund has consistently been below 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.20, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millionaire Property Fund's current EV-to-EBIT of 12.50 is 31.3% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Millionaire Property Fund and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millionaire Property Fund's current EV-to-EBIT is 12.50, which is 34% below median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millionaire Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Millionaire Property Fund (BKK:MIPF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.94, compared to a current price of ฿9.05 — trading 17.3% below its estimated fair value. The current EV-to-EBIT is 12.50, which is 34% below median its 10-year median of 18.86 and 31.3% below the REITs industry median of 18.20. Millionaire Property Fund's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Millionaire Property Fund (BKK:MIPF), the current EV-to-EBIT is 12.50 as of Aug. 01, 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 Millionaire Property Fund (BKK:MIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Millionaire Property Fund stock appears to be undervalued. The current stock price of ฿9.05 is trading 17.3% below its estimated GF Value™ of ฿10.94. GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MIPF:

  • EV-to-EBIT: 12.50 (34% below median its 10-year median of 18.86)
  • GF Value™: ฿10.94 vs. price of ฿9.05 (17.3% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 31.3% below the REITs median (#188 of 655)

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


Millionaire Property Fund Business Description

Industry Real EstateREITs
Address Rama 1 Road, 989 Siam Piwat Tower, 9th, 24th Floor, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize funds from the sale of investment units to purchase and/or lease property and procure benefits from such property. The Fund operates in only one business segment which is property investments and the business is only operated in Thailand.
75GF Score

Get the complete analysis for BKK:MIPF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿9.05
Price
฿10.94
GF Value