WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) EV-to-FCF: 17.15 (As of Jul. 15, 2026) — 33% Above Median

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BKK:WHABT WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT
66 GF Score
Price ฿6.40
GF Value ฿5.48
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust EV-to-FCF?

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT +0.79% 66 EV-to-FCF is 17.15 as of Jul. 15, 2026, which is 33% above its 10-year median of 12.94. GuruFocus rates BKK:WHABT with a GF Score™ of 66/100 and a GF Value™ of ฿5.48 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 739 REITs companies, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks better than 67.25% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Enterprise Value is ฿1,653.6 Mil. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿96.4 Mil. Therefore, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF for today is 17.15.

The historical rank and industry rank for WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF or its related term are showing as below:

BKK:WHABT' s EV-to-FCF Range Over the Past 10 Years
Min: 7.3   Med: 12.94   Max: 49.93
Current: 16.94

During the past 11 years, the highest EV-to-FCF of WHA Business Complex Freehold and Leasehold Real Estate Investment Trust was 49.93. The lowest was 7.30. And the median was 12.94.

BKK:WHABT's EV-to-FCF is ranked better than
67.25% of 739 companies
in the REITs industry
Industry Median: 23.16 vs BKK:WHABT: 16.94

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-15), WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's stock price is ฿6.40. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.419. Therefore, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's PE Ratio (TTM) for today is 15.27.


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust  (BKK:WHABT) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.40/0.419
=15.27

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's share price for today is ฿6.40.
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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 ฿0.419.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust EV-to-FCF Related Terms


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust EV-to-FCF Historical Data

* Premium members only.

The historical data trend for WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF 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 Business Complex Freehold and Leasehold Real Estate Investment Trust EV-to-FCF Chart

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 12.93 11.19 10.49 15.48

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 10.49 10.76 11.58 13.59 15.48

BKK:WHABT vs BXP, ARE, VNO: EV-to-FCF Comparison

For the REIT - Office subindustry, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 Business Complex Freehold and Leasehold Real Estate Investment Trust EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF falls into.


BKK:WHABT
66GF Score
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust EV-to-FCF Calculation

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1653.565/96.408
=17.15

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current Enterprise Value is ฿1,653.6 Mil.
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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 ฿96.4 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-FCF →
What does a EV-to-FCF of 17.15 mean?
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) has a EV-to-FCF of 17.15 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WHA Business Complex Freehold and Leasehold Real Estate Investment Trust and its competitors. This is 33% above median its historical median of 12.94. Over the past decade, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF has ranged from 7.30 to 49.93. According to the industry distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #242 out of 739 companies in the REITs industry, placing it in the top 32.7%.
Is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF too high?
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current EV-to-FCF of 17.15 is 33% above median its 10-year median of 12.94. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 49.93. The REITs industry median EV-to-FCF is 23.16. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's value of 17.15 is 25.9% below this industry median. Based on the distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #242 out of 739 companies in the REITs industry, which is above the industry midpoint. Overall, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #242 out of 739 companies for EV-to-FCF. This puts WHA Business Complex Freehold and Leasehold Real Estate Investment Trust in the upper half of its industry. The industry median EV-to-FCF is 23.16. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's value of 17.15 is 25.9% below this benchmark. Historically, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's own EV-to-FCF has ranged from 7.30 to 49.93 over the past decade. While the company's 10-year median is 12.94 vs. the industry median of 23.16, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 23.16, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current EV-to-FCF of 17.15 is 25.9% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WHA Business Complex Freehold and Leasehold Real Estate Investment Trust and its competitors. For the REITs industry, the median EV-to-FCF is 23.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current EV-to-FCF is 17.15, which is 33% above median its own 10-year median of 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.48, compared to a current price of ฿6.40 — trading 16.8% above its estimated fair value. The current EV-to-FCF is 17.15, which is 33% above median its 10-year median of 12.94 and 25.9% below the REITs industry median of 23.16. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT), the current EV-to-FCF is 17.15 as of Jul. 15, 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 Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿6.40 is trading 16.8% above its estimated GF Value™ of ฿5.48. GuruFocus considers WHA Business Complex Freehold and Leasehold Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BKK:WHABT:

  • EV-to-FCF: 17.15 (33% above median its 10-year median of 12.94)
  • GF Value™: ฿5.48 vs. price of ฿6.40 (16.8% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 25.9% below the REITs median (#242 of 739)

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


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address South Sathorn Road, 1 Empire Tower, 32nd Floor, Yannawa, Sathorn, Bangkok, THA, 10120
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust is a closed-end property fund. The company is also involved in raising funds from investors, investing mostly in property or property leasehold rights. It operates in only one business segment which is the investment in property and the business operated in Thailand.
66GF Score

Get the complete analysis for BKK:WHABT

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

฿6.40
Price
฿5.48
GF Value