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Frasers Property Thailand Industrial Freehold & Leasehold REIT operating margin has been in a 5-year decline. The average rate of decline per year is -1.2%.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualizedROC % for the quarter that ended in Jun. 2026 was 6.33%.
Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.
Note:
The Operating Income data used here is four times the quarterly (Jun. 2026) data.
2. Joel Greenblatt's definition of Return on Capital:
Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jun. 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Frasers Property Thailand Industrial Freehold & Leasehold REIT Operating Income Related Terms
Frasers Property Thailand Industrial Freehold & Leasehold REIT Operating Income Historical Data
* 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3,422 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.
Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) has a Operating Income of ฿3,422 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Frasers Property Thailand Industrial Freehold & Leasehold REIT and its competitors.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT's Operating Income too high?
Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Operating Income is ฿3,422 Mil. Overall, Frasers Property Thailand Industrial Freehold & Leasehold REIT has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frasers Property Thailand Industrial Freehold & Leasehold REIT's Operating Income compare to PLD and PSA?
Frasers Property Thailand Industrial Freehold & Leasehold REIT's Operating Income of ฿3,422 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 Operating Income for a REITs company?
A good Operating Income depends on the REITs industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Frasers Property Thailand Industrial Freehold & Leasehold REIT and its competitors. Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Operating Income is ฿3,422 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿11.15, compared to a current price of ฿12.70 — trading 13.9% above its estimated fair value. The current Operating Income is ฿3,422 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's overall GF Score™ is 82/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT), the current Operating Income is ฿3,422 Mil as of Jun. 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT stock appears to be overvalued.
The current stock price of ฿12.70 is trading 13.9% above its estimated GF Value™ of ฿11.15.
GuruFocus considers Frasers Property Thailand Industrial Freehold & Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:FTREIT:
Operating Income: ฿3,422 Mil
GF Value™: ฿11.15 vs. price of ฿12.70 (13.9% above fair value)
No single metric tells the full story. See the BKK:FTREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Property Thailand Industrial Freehold & Leasehold REIT invests in high-quality industrial and logistics properties. Its portfolio includes domestic factories, warehouses, and industrial and logistics properties which can generate high returns. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease, and/or sub-lease immovable properties. Its reportable operating segment is to provide the rental of immovable properties. Geographically, the trust's operation is carried on only in Thailand.
82GF Score
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