Millionaire Property Fund (BKK:MIPF) Enterprise Value: ฿1,704.8 Mil (As of Jun. 28, 2026) ***


BKK:MIPF Millionaire Property Fund BKK:MIPF
79 GF Score
Price ฿9.20
GF Value ฿10.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Millionaire Property Fund Enterprise Value?

Millionaire Property Fund BKK:MIPF 79 Enterprise Value is ฿1,704.8 Mil as of Jun. 28, 2026. GuruFocus rates BKK:MIPF with a GF Score™ of 79/100 and a GF Value™ of ฿10.93 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Millionaire Property Fund's Enterprise Value is ฿1,704.8 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 ratio for today is 12.72.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Millionaire Property Fund's Enterprise Value is ฿1,704.8 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 ratio for today is 12.72.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Millionaire Property Fund's Enterprise Value is ฿1,704.8 Mil. Millionaire Property Fund's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿235.2 Mil. Therefore, Millionaire Property Fund's EV-to-Revenue ratio for today is 7.25.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Millionaire Property Fund's Enterprise Value is ฿1,704.8 Mil. Millionaire Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿140.8 Mil. Therefore, Millionaire Property Fund's EV-to-OCF ratio for today is 12.10.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Millionaire Property Fund's Enterprise Value is ฿1,704.8 Mil. Millionaire Property Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿140.8 Mil. Therefore, Millionaire Property Fund's EV-to-FCF ratio for today is 12.10.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Millionaire Property Fund  (BKK:MIPF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1704.775/134.063
=12.72

Millionaire Property Fund's current Enterprise Value is ฿1,704.8 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Millionaire Property Fund's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1704.775/134.063
=12.72

Millionaire Property Fund's current Enterprise Value is ฿1,704.8 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Millionaire Property Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1704.775/235.205
=7.25

Millionaire Property Fund's current Enterprise Value is ฿1,704.8 Mil.
Millionaire Property Fund's Revenue 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 ฿235.2 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Millionaire Property Fund's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1704.775/140.848
=12.10

Millionaire Property Fund's current Enterprise Value is ฿1,704.8 Mil.
Millionaire Property Fund's Cash Flow from Operations 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 ฿140.8 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Millionaire Property Fund's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1704.775/140.848
=12.10

Millionaire Property Fund's current Enterprise Value is ฿1,704.8 Mil.
Millionaire Property Fund's Free Cash Flow 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 ฿140.8 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 Enterprise Value Related Terms


Millionaire Property Fund Enterprise Value Historical Data

* Premium members only.

The historical data trend for Millionaire Property Fund's Enterprise Value 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 Enterprise Value Chart

Millionaire Property Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,952.39 2,652.95 2,387.45 2,438.16 1,665.61

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
Enterprise Value 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 1,953.92 1,795.36 1,701.95 1,665.61 1,723.78

BKK:MIPF vs BXP, ARE, VNO: Enterprise Value Comparison

For the REIT - Office subindustry, Millionaire Property Fund's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's Enterprise Value falls into.


BKK:MIPF
79GF Score
Millionaire Property Fund BKK:MIPF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Millionaire Property Fund Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Millionaire Property Fund's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Millionaire Property Fund's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ฿1,704.8 Mil mean?
Millionaire Property Fund (BKK:MIPF) has a Enterprise Value of ฿1,704.8 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Millionaire Property Fund and its competitors.
Is Millionaire Property Fund's Enterprise Value too high?
Millionaire Property Fund's current Enterprise Value is ฿1,704.8 Mil. Overall, Millionaire Property Fund has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's Enterprise Value compare to BXP and ARE?
Millionaire Property Fund's Enterprise Value of ฿1,704.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Millionaire Property Fund and its competitors. Millionaire Property Fund's current Enterprise Value is ฿1,704.8 Mil. 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 ฿10.93, compared to a current price of ฿9.20 — trading 15.8% below its estimated fair value. The current Enterprise Value is ฿1,704.8 Mil. Millionaire Property Fund's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Millionaire Property Fund (BKK:MIPF), the current Enterprise Value is ฿1,704.8 Mil as of Jun. 28, 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 ฿9.20 is trading 15.8% below its estimated GF Value™ of ฿10.93. GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MIPF:

  • Enterprise Value: ฿1,704.8 Mil
  • GF Value™: ฿10.93 vs. price of ฿9.20 (15.8% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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.
79GF Score

Get the complete analysis for BKK:MIPF

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

฿9.20
Price
฿10.93
GF Value