WHA Industrial Leasehold REIT (BKK:WHAIR) GF Value: ฿6.19 (As of Jul. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:WHAIR WHA Industrial Leasehold REIT BKK:WHAIR
76 GF Score
Price ฿8.10
GF Value ฿6.19
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is WHA Industrial Leasehold REIT GF Value?

WHA Industrial Leasehold REIT BKK:WHAIR 76 GF Value is ฿6.19 as of Jul. 21, 2026. GuruFocus rates BKK:WHAIR with a GF Score™ of 76/100 and a GF Value™ of ฿6.19 (Significantly Overvalued). The stock has 8 warning signs investors should review.

As of today (2026-07-21), WHA Industrial Leasehold REIT's share price is ฿8.10. WHA Industrial Leasehold REIT's GF Value is ฿6.19. Therefore, WHA Industrial Leasehold REIT's Price-to-GF-Value for today is 1.31. Based on the relationship between the current stock price and the GF Value, GuruFocus believes WHA Industrial Leasehold REIT is Significantly Overvalued.

The GF Value represents the intrinsic value of a stock, determined using GuruFocus' proprietary methodology. The GF Value Line on our stock Summary page provides an estimate of the stock’s fair-trading value.

To calculate this value, GuruFocus follows these steps:

  1. We analyze historical correlations between the stock price and key business performance metrics, such as revenue, earnings, cash flow, and book value.
  2. We identify the metrics that have the strongest historical correlation with the stock price and determine the historical multiples at which the stock has traded relative to these metrics.
  3. Using these historical multiples as a reference, we estimate the stock's fair value while accounting for future business growth. Adjustments may be made based on the company’s past returns and growth trends.

GuruFocus believes that the GF Value Line represents the fair value at which a stock should trade. Stock prices typically fluctuate around this line. If a stock’s price is significantly above the GF Value Line, it is considered overvalued, and its future returns are likely to be lower. Conversely, if the stock price is significantly below the GF Value Line, its future returns are likely to be higher.


WHA Industrial Leasehold REIT  (BKK:WHAIR) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 ratings:

Posssible Evaluations All-in-One Screener Examples (1)
Possible Value Trap, Think TwicePredictable Companies that possibly be Value Traps
Significantly OvervaluedPredictable Companies which are Significantly Overvalued
Modestly OvervaluedPredictable Companies which are Modestly Overvalued
Fairly ValuedPredictable High Quality Companies which are Fairly Valued
Modestly Undervalued (2)Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (2)Predictable High Quality Companies which are Significantly Undervalued

(1) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(2) A sufficient margin of safety exists only when the stock is undervalued.


Possible Value Trap, Think Twice companies are those that appear significantly undervalued based on their Price-to-GF-Value ratio, but whose fundamentals show signs of weakness.

Indicators that a company may be a value trap include:

    * Deteriorating Financial Health: A low Altman Z-scores indicates a higher risk of bankruptcy, or a low Piotroski F-Score.
    * Earnings Manipulation: A high Beneish M-score indicates potential earnings manipulation, raising concerns about the reliability of reported financials.
    * Stagnant or Declining Growth: Lack of revenue or earnings growth, or a recent slowdown, may signal limited future prospects.

Investors should conduct thorough due diligence, examining financial statements and growth indicators, to avoid falling into value traps.


WHA Industrial Leasehold REIT's Price-to-GF-Value for today is calculated as

Price-to-GF-Value=Share Price/GF Value
=8.10/6.19
=1.31

* 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 Industrial Leasehold REIT GF Value Related Terms

BKK:WHAIR
76GF Score
WHA Industrial Leasehold REIT BKK:WHAIR
GF Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about GF Value →
What does a GF Value of ฿6.19 mean?
WHA Industrial Leasehold REIT (BKK:WHAIR) has a GF Value of ฿6.19 as of Jul. 21, 2026. GF Value represents the current intrinsic value of a stock derived from our exclusive method. View historical data on WHA Industrial Leasehold REIT and its competitors.
Is WHA Industrial Leasehold REIT's GF Value too high?
WHA Industrial Leasehold REIT's current GF Value is ฿6.19. Overall, WHA Industrial Leasehold REIT has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Industrial Leasehold REIT's GF Value compare to PLD and PSA?
WHA Industrial Leasehold REIT's GF Value of ฿6.19 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 GF Value for a REITs company?
A good GF Value depends on the REITs industry context. However, GF 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 GF Value mean?
A high GF Value can signal that a stock is expensive relative to its fundamentals. GF Value represents the current intrinsic value of a stock derived from our exclusive method. View historical data on WHA Industrial Leasehold REIT and its competitors. WHA Industrial Leasehold REIT's current GF Value is ฿6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Industrial Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, WHA Industrial Leasehold REIT (BKK:WHAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.19, compared to a current price of ฿8.10 — trading 30.9% above its estimated fair value. The current GF Value is ฿6.19. WHA Industrial Leasehold REIT's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is GF Value calculated?
GF Value is calculated from a company's financial statements. For WHA Industrial Leasehold REIT (BKK:WHAIR), the current GF Value is ฿6.19 as of Jul. 21, 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 Industrial Leasehold REIT (BKK:WHAIR) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Industrial Leasehold REIT stock appears to be overvalued. The current stock price of ฿8.10 is trading 30.9% above its estimated GF Value™ of ฿6.19. GuruFocus considers WHA Industrial Leasehold REIT to be Significantly Overvalued.

Key valuation signals for BKK:WHAIR:

  • GF Value: ฿6.19
  • GF Value™: ฿6.19 vs. price of ฿8.10 (30.9% above fair value)
  • GF Score™: 76/100 with 8 warning signs

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


WHA Industrial Leasehold REIT Business Description

Industry Real EstateREITs
Address Debaratna Road (Bangna-Trad) KM.7, Moo 13, No. 777, WHA Tower, Unit 2101, 21st Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Industrial Leasehold REIT is a Thailand-based REIT. The company invests in leasehold lands mainly in Thailand for the purpose of building warehouses and factories. It serves tenants and entrepreneurs from various industries. The Trust's revenue derives from rental income from ordinary business activities and also includes relevant service income.
76GF Score

Get the complete analysis for BKK:WHAIR

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

฿8.10
Price
฿6.19
GF Value