Bualuang Office Leasehold REIT (BKK:B-WORK) FCF Margin %: 81.40% (As of Mar. 2026) — 56% Above Median

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BKK:B-WORK Bualuang Office Leasehold REIT BKK:B-WORK
62 GF Score
Price ฿6.55
GF Value ฿3.89
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Bualuang Office Leasehold REIT FCF Margin %?

Bualuang Office Leasehold REIT BKK:B-WORK 62 FCF Margin % is 81.40% as of Mar. 2026, which is 56% above its 10-year median of 52.19. GuruFocus rates BKK:B-WORK with a GF Score™ of 62/100 and a GF Value™ of ฿3.89 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 922 REITs companies, Bualuang Office Leasehold REIT ranks better than 61.61% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Bualuang Office Leasehold REIT's Free Cash Flow for the three months ended in Mar. 2026 was ฿110.2 Mil. Bualuang Office Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿135.4 Mil. Therefore, Bualuang Office Leasehold REIT's FCF Margin % for the quarter that ended in Mar. 2026 was 81.40%.

As of today, Bualuang Office Leasehold REIT's current FCF Yield % is 11.46%.

The historical rank and industry rank for Bualuang Office Leasehold REIT's FCF Margin % or its related term are showing as below:

BKK:B-WORK' s FCF Margin % Range Over the Past 10 Years
Min: -856.5   Med: 52.19   Max: 79.79
Current: 51.42


During the past 8 years, the highest FCF Margin % of Bualuang Office Leasehold REIT was 79.79%. The lowest was -856.50%. And the median was 52.19%.

BKK:B-WORK's FCF Margin % is ranked better than
61.61% of 922 companies
in the REITs industry
Industry Median: 40.425 vs BKK:B-WORK: 51.42


Bualuang Office Leasehold REIT FCF Margin % Related Terms


Bualuang Office Leasehold REIT FCF Margin % Historical Data

* Premium members only.

The historical data trend for Bualuang Office Leasehold REIT's FCF 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.

Bualuang Office Leasehold REIT FCF Margin % Chart

Bualuang Office Leasehold REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 51.46 51.21 57.98 73.90 52.92

Bualuang Office Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 87.39 -5.91 75.51 55.29 81.40

BKK:B-WORK vs BXP, ARE, VNO: FCF Margin % Comparison

For the REIT - Office subindustry, Bualuang Office Leasehold REIT's FCF Margin %, along with its competitors' market caps and FCF 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.


Bualuang Office Leasehold REIT FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Bualuang Office Leasehold REIT's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Bualuang Office Leasehold REIT's FCF Margin % falls into.


BKK:B-WORK
62GF Score
Bualuang Office Leasehold REIT BKK:B-WORK
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bualuang Office Leasehold REIT FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Bualuang Office Leasehold REIT's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=284.707/538.009
=52.92 %

Bualuang Office Leasehold REIT's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=110.195/135.383
=81.40 %

* 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 FCF Margin % →
What does a FCF Margin % of 81.40% mean?
Bualuang Office Leasehold REIT (BKK:B-WORK) has a FCF Margin % of 81.40% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Bualuang Office Leasehold REIT and its competitors. This is 56% above median its historical median of 52.19. According to the industry distribution chart, Bualuang Office Leasehold REIT ranks #354 out of 922 companies in the REITs industry, placing it in the top 38.4%.
Is Bualuang Office Leasehold REIT's FCF Margin % too high?
Bualuang Office Leasehold REIT's current FCF Margin % of 81.40% is 56% above median its 10-year median of 52.19. The REITs industry median FCF Margin % is 40.43. Bualuang Office Leasehold REIT's value of 81.40% is 101.4% above this industry median. Based on the distribution chart, Bualuang Office Leasehold REIT ranks #354 out of 922 companies in the REITs industry, which is above the industry midpoint. Overall, Bualuang Office Leasehold REIT has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bualuang Office Leasehold REIT's FCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Bualuang Office Leasehold REIT ranks #354 out of 922 companies for FCF Margin %. This puts Bualuang Office Leasehold REIT in the upper half of its industry. The industry median FCF Margin % is 40.43. Bualuang Office Leasehold REIT's value of 81.40% is 101.4% above this benchmark. While the company's 10-year median is 52.19 vs. the industry median of 40.43, Bualuang Office 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.43, based on 922 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bualuang Office Leasehold REIT's current FCF Margin % of 81.40% is 101.4% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Bualuang Office Leasehold REIT and its competitors. For the REITs industry, the median FCF Margin % is 40.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bualuang Office Leasehold REIT's current FCF Margin % is 81.40%, which is 56% above median its own 10-year median of 52.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bualuang Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bualuang Office Leasehold REIT (BKK:B-WORK) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.89, compared to a current price of ฿6.55 — trading 68.4% above its estimated fair value. The current FCF Margin % is 81.40%, which is 56% above median its 10-year median of 52.19 and 101.4% above the REITs industry median of 40.43. Bualuang Office Leasehold REIT's overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Bualuang Office Leasehold REIT (BKK:B-WORK), the current FCF Margin % is 81.40% 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 Bualuang Office Leasehold REIT (BKK:B-WORK) Overvalued in 2026?

Based on GuruFocus' analysis, Bualuang Office Leasehold REIT stock appears to be overvalued. The current stock price of ฿6.55 is trading 68.4% above its estimated GF Value™ of ฿3.89. GuruFocus considers Bualuang Office Leasehold REIT to be Significantly Overvalued.

Key valuation signals for BKK:B-WORK:

  • FCF Margin %: 81.40% (56% above median its 10-year median of 52.19)
  • GF Value™: ฿3.89 vs. price of ฿6.55 (68.4% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 101.4% above the REITs median (#354 of 922)

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


Bualuang Office Leasehold REIT Business Description

Industry Real EstateREITs
Address South Sathorn Road, 175 Sathorn City Tower, 7th, 21st and 26th Floor, Thungmahamek, Sathorn, Bangkok, THA, 10120
Bualuang Office Leasehold REIT is an investment company. The Trust's objectives are to raise funds from investors and use funds to invest in the leasehold properties by lease and/ or sublease under 2 projects as follows: 1. True Tower 1 Project and 2. True Tower 2 Project. The Trust's main operations are derived from rental and service income from investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The Trust has only one geographical segment that operates only in Thailand.
62GF Score

Get the complete analysis for BKK:B-WORK

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

฿6.55
Price
฿3.89
GF Value