Millionaire Property Fund (BKK:MIPF) 5-Year Yield-on-Cost %: 6.54 (As of Jul. 17, 2026) — 42% Above Median

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:MIPF Millionaire Property Fund BKK:MIPF
77 GF Score
Price ฿9.35
GF Value ฿10.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Millionaire Property Fund 5-Year Yield-on-Cost %?

Millionaire Property Fund BKK:MIPF +0.54% 77 5-Year Yield-on-Cost % is 6.54 as of Jul. 17, 2026, which is 42% above its 10-year median of 4.60. GuruFocus rates BKK:MIPF with a GF Score™ of 77/100 and a GF Value™ of ฿10.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 869 REITs companies, Millionaire Property Fund ranks worse than 57.88% on this metric.

Millionaire Property Fund's yield on cost for the quarter that ended in Mar. 2026 was 6.54.


The historical rank and industry rank for Millionaire Property Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

BKK:MIPF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.28   Med: 4.6   Max: 6.9
Current: 6.54


During the past 13 years, Millionaire Property Fund's highest Yield on Cost was 6.90. The lowest was 3.28. And the median was 4.60.


BKK:MIPF's 5-Year Yield-on-Cost % is ranked worse than
57.88% of 869 companies
in the REITs industry
Industry Median: 7.32 vs BKK:MIPF: 6.54

Millionaire Property Fund  (BKK:MIPF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Millionaire Property Fund 5-Year Yield-on-Cost % Related Terms


BKK:MIPF vs BXP, ARE, VNO: 5-Year Yield-on-Cost % Comparison

For the REIT - Office subindustry, Millionaire Property Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's 5-Year Yield-on-Cost % falls into.


BKK:MIPF
77GF Score
Millionaire Property Fund BKK:MIPF
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millionaire Property Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Millionaire Property Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 6.54 mean?
Millionaire Property Fund (BKK:MIPF) has a 5-Year Yield-on-Cost % of 6.54 as of Jul. 17, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Millionaire Property Fund and its competitors. This is 42% above median its historical median of 4.60. Over the past decade, Millionaire Property Fund's 5-Year Yield-on-Cost % has ranged from 3.28 to 6.90. According to the industry distribution chart, Millionaire Property Fund ranks #503 out of 869 companies in the REITs industry, placing it in the top 57.9%.
Is Millionaire Property Fund's 5-Year Yield-on-Cost % too high?
Millionaire Property Fund's current 5-Year Yield-on-Cost % of 6.54 is 42% above median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 6.90. The REITs industry median 5-Year Yield-on-Cost % is 7.32. Millionaire Property Fund's value of 6.54 is 10.7% below this industry median. Based on the distribution chart, Millionaire Property Fund ranks #503 out of 869 companies in the REITs industry, which is below the industry midpoint. Overall, Millionaire Property Fund has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's 5-Year Yield-on-Cost % compare to BXP and ARE?
According to the REITs industry distribution chart, Millionaire Property Fund ranks #503 out of 869 companies for 5-Year Yield-on-Cost %. This places Millionaire Property Fund in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.32. Millionaire Property Fund's value of 6.54 is 10.7% below this benchmark. Historically, Millionaire Property Fund's own 5-Year Yield-on-Cost % has ranged from 3.28 to 6.90 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 7.32, Millionaire Property Fund 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 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.32, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millionaire Property Fund's current 5-Year Yield-on-Cost % of 6.54 is 10.7% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Millionaire Property Fund and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millionaire Property Fund's current 5-Year Yield-on-Cost % is 6.54, which is 42% above median its own 10-year median of 4.60. 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 ฿9.35 — trading 14.5% below its estimated fair value. The current 5-Year Yield-on-Cost % is 6.54, which is 42% above median its 10-year median of 4.60 and 10.7% below the REITs industry median of 7.32. Millionaire Property Fund's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Millionaire Property Fund (BKK:MIPF), the current 5-Year Yield-on-Cost % is 6.54 as of Jul. 17, 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 ฿9.35 is trading 14.5% below its estimated GF Value™ of ฿10.93. GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MIPF:

  • 5-Year Yield-on-Cost %: 6.54 (42% above median its 10-year median of 4.60)
  • GF Value™: ฿10.93 vs. price of ฿9.35 (14.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 10.7% below the REITs median (#503 of 869)

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.
77GF Score

Get the complete analysis for BKK:MIPF

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿9.35
Price
฿10.93
GF Value