Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Millionaire Property FundBKK:MIPF 75 EV-to-EBITDA is 12.50 as of Aug. 02, 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 674 REITs companies, Millionaire Property Fund ranks better than 67.21% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Millionaire Property Fund's enterprise value is ฿1,676.3 Mil.
Millionaire Property Fund's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿134.1 Mil. Therefore, Millionaire Property Fund's EV-to-EBITDA for today is 12.50.
The historical rank and industry rank for Millionaire Property Fund's EV-to-EBITDA or its related term are showing as below:
BKK:MIPF'
s EV-to-EBITDA 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-EBITDA of Millionaire Property Fund was 28.29. The lowest was 12.15. And the median was 18.86.
BKK:MIPF's EV-to-EBITDA is ranked better than 67.21% of 674
companies
in the REITs industry
Industry Median: 15.55
vs BKK:MIPF: 12.50
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Millionaire Property Fund (BKK:MIPF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Millionaire Property Fund's PE Ratio (TTM) for today is calculated as:
Millionaire Property Fund's share price for today is ฿9.05.
Millionaire Property Fund's Earnings per Share (Diluted) 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 ฿0.539.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
BKK:MIPF vs BXP, ARE, VNO: EV-to-EBITDA Comparison
For the REIT - Office subindustry, Millionaire Property Fund's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Millionaire Property Fund's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Millionaire Property Fund's EV-to-EBITDA falls into.
Millionaire Property Fund's current Enterprise Value is ฿1,676.3 Mil.
Millionaire Property Fund's EBITDA 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 (BKK:MIPF) has a EV-to-EBITDA of 12.50 as of Aug. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Millionaire Property Fund. This is 34% below median its historical median of 18.86. Over the past decade, Millionaire Property Fund's EV-to-EBITDA has ranged from 12.15 to 28.29. According to the industry distribution chart, Millionaire Property Fund ranks #221 out of 674 companies in the REITs industry, placing it in the top 32.8%.
Is Millionaire Property Fund's EV-to-EBITDA too high?
Millionaire Property Fund's current EV-to-EBITDA 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-EBITDA is 15.55. Millionaire Property Fund's value of 12.50 is 19.6% below this industry median. Based on the distribution chart, Millionaire Property Fund ranks #221 out of 674 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-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Millionaire Property Fund ranks #221 out of 674 companies for EV-to-EBITDA. This puts Millionaire Property Fund in the upper half of its industry. The industry median EV-to-EBITDA is 15.55. Millionaire Property Fund's value of 12.50 is 19.6% below this benchmark. Historically, Millionaire Property Fund's own EV-to-EBITDA 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 15.55, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.55, based on 674 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millionaire Property Fund's current EV-to-EBITDA of 12.50 is 19.6% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Millionaire Property Fund. For the REITs industry, the median EV-to-EBITDA is 15.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millionaire Property Fund's current EV-to-EBITDA 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-EBITDA is 12.50, which is 34% below median its 10-year median of 18.86 and 19.6% below the REITs industry median of 15.55. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Millionaire Property Fund (BKK:MIPF), the current EV-to-EBITDA is 12.50 as of Aug. 02, 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-EBITDA: 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)
Industry Position: 19.6% below the REITs median (#221 of 674)
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 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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:MIPF has been successfully added to your 
