WHA Corporation Public Company Limited (WHA.BK)
Samut Prakan, TH
WHA Corporation Public Company Limited, together with its affiliated companies, specializes in the development, leasing, and divestiture of various types of real estate, including industrial land, commercial buildings, factories, and warehouses, with operations spanning Thailand and international markets. A core aspect of its business involves the creation and ongoing administration of properties situated within industrial estates and designated zones. Beyond its property ventures, the company provides a comprehensive suite of services: digital solutions such as data center operations, internet connectivity, IT support, fiber optic network infrastructure, and managed services; essential water services, including raw and industrial water supply, as well as wastewater treatment. Additionally, WHA offers consulting, general and service management, real estate investment, marina facilities, design and construction supervision, pipe pack leasing, renewable energy investment and development, and water resources management. Founded in 2003, the firm's main office is located in Samut Prakan, Thailand.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +2.63% | +6.36% | +11.43% | +48.10% | +42.68% | +44.44% | +12.50% | +51.95% | +57.05% | +405.52% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 11 | 0 |
| Hold | 5 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Real Estate - Services: +11.2%+34.7% ★ Q1'26: -31.1% (vs Q1'25)
-
EPS growth Real Estate - Services: +25.9%+17.2% Q1'26: +57.1% (vs Q1'25)
-
FCF margin FCF growth · Real Estate - Services: +32.2%-14.3% Q1'26: -14.6% (vs Q1'25)
-
EBIT margin Real Estate - Services: +23.7%+32.3% ★ Q1'26: +36.0% (vs Q1'25)
-
ROIC Real Estate - Services: +4.3%+5.2% ★ Q1'26: +4.6% (vs Q1'25)
-
Share dilution Real Estate - Services: +0.0%+0.0% Q1'26: -53.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Real Estate - Services: 1.88×8.42× Q1'26: 10.74× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 7 Rev. Ana. 12 EPS Ana. |
Dec 2027 15 Rev. Ana. 13 EPS Ana. |
Dec 2028 8 Rev. Ana. 6 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
11.44B
est: 11.74B (-2.6%)
|
17.82B
est: 17.52B (+1.7%)
|
9.51B
est: 10.43B (-8.8%)
|
8.32B
est: 8.99B (-7.4%)
|
10.46B
est: 10.13B (+3.2%)
|
6.91B
est: 8.70B (-20.5%)
|
10.42B
est: 10.05B (+3.6%)
|
13.73B
est: 12.70B (+8.1%)
|
14.87B
est: 17.59B (-15.4%)
|
11.33B
est: 12.59B (-9.9%)
|
15.26B
est: 14.83B (+2.9%)
|
16.16B
15.03B – 17.88B
+8.9% YoY
|
17.77B
13.82B – 21.17B
+10.0% YoY
|
18.61B
18.08B – 19.14B
+4.7% YoY
|
| EBITDA |
4.91B
est: 5.91B (-17.0%)
|
6.01B
est: 8.82B (-31.9%)
|
4.22B
est: 5.25B (-19.7%)
|
3.34B
est: 4.52B (-26.2%)
|
3.77B
est: 5.10B (-26.1%)
|
3.65B
est: 4.38B (-16.6%)
|
4.99B
est: 5.06B (-1.4%)
|
6.02B
est: 6.39B (-5.8%)
|
7.61B
est: 8.37B (-9.0%)
|
6.34B
est: 5.99B (+5.8%)
|
5.96B
est: 7.06B (-15.5%)
|
7.69B
7.15B – 8.51B
+8.9% YoY
|
8.45B
6.58B – 10.07B
+10.0% YoY
|
8.86B
8.60B – 9.11B
+4.7% YoY
|
| EBIT |
3.50B
est: 5.16B (-32.2%)
|
6.34B
est: 7.71B (-17.7%)
|
5.64B
est: 4.59B (+22.9%)
|
5.30B
est: 3.95B (+34.1%)
|
5.23B
est: 4.46B (+17.4%)
|
4.24B
est: 3.82B (+10.8%)
|
4.66B
est: 4.42B (+5.4%)
|
5.96B
est: 5.58B (+6.8%)
|
6.90B
est: 7.31B (-5.6%)
|
5.42B
est: 5.23B (+3.6%)
|
4.94B
est: 6.17B (-20.0%)
|
6.72B
6.25B – 7.44B
+8.9% YoY
|
7.39B
5.75B – 8.80B
+10.0% YoY
|
7.74B
7.52B – 7.96B
+4.7% YoY
|
| Net Income |
1.95B
est: 3.29B (-40.6%)
|
3.17B
est: 2.99B (+6.1%)
|
3.27B
est: 2.97B (+10.0%)
|
2.91B
est: 3.27B (-11.0%)
|
3.23B
est: 3.29B (-2.0%)
|
2.52B
est: 2.48B (+1.7%)
|
2.59B
est: 2.61B (-0.8%)
|
4.05B
est: 3.49B (+16.0%)
|
4.43B
est: 5.69B (-22.2%)
|
4.36B
est: 4.76B (-8.4%)
|
5.14B
est: 5.14B (+0.0%)
|
5.19B
4.68B – 5.80B
+1.1% YoY
|
5.58B
3.85B – 7.41B
+7.4% YoY
|
5.68B
4.33B – 6.20B
+1.9% YoY
|
| SGA |
1.13B
est: 1.88B (-39.9%)
|
1.50B
est: 2.81B (-46.8%)
|
1.70B
est: 1.67B (+1.8%)
|
1.61B
est: 1.44B (+11.5%)
|
1.73B
est: 1.63B (+6.5%)
|
1.30B
est: 1.40B (-6.6%)
|
1.60B
est: 1.61B (-0.6%)
|
1.98B
est: 2.04B (-2.7%)
|
2.10B
est: 2.73B (-23.0%)
|
1.97B
est: 1.96B (+0.7%)
|
2.50B
est: 2.31B (+8.2%)
|
2.51B
2.34B – 2.78B
+8.9% YoY
|
2.76B
2.15B – 3.29B
+10.0% YoY
|
2.89B
2.81B – 2.98B
+4.7% YoY
|
| EPS |
0.16
est: 0.22 (-27.3%)
|
0.20
est: 0.20 (+0.0%)
|
0.23
est: 0.20 (+15.8%)
|
0.20
est: 0.22 (-8.5%)
|
0.22
est: 0.22 (-0.2%)
|
0.17
est: 0.17 (+2.4%)
|
0.17
est: 0.17 (-2.7%)
|
0.27
est: 0.24 (+14.9%)
|
0.30
est: 0.39 (-23.0%)
|
0.29
est: 0.30 (-4.0%)
|
0.34
est: 0.33 (+2.0%)
|
0.35
0.31 – 0.39
+3.7% YoY
|
0.37
0.26 – 0.50
+7.0% YoY
|
0.36
0.29 – 0.42
-1.6% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-29 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-28 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-27 | A | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-23 | A | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-22 | A | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-21 | A | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-20 | A | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Dividend ETF EDIV | 1.62% | 19.87M | 0.49% |
| 2 | WisdomTree Emerging Markets Equity Income UCITS ETF DEMD.L | 0.16% | 415.7K | 0.46% |
| 3 | WisdomTree Emerging Markets Equity Income UCITS ETF - Acc DEMR.L | 0.16% | 415.7K | 0.46% |
| 4 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.12% | 822.2K | 0.65% |
| 5 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 443.6K | 0.39% |
| 6 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 568.5K | 0.28% |
| 7 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.00% | 25.9K | 0.44% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Jareeporn Jarukornsakul | Vice Chairman, Group CEO, Acting COO & Acting Chief Sustainability Officer | 2M | female |
| Somsak Boonchoyruengchai | Group Chief Accounting Officer | 210.0K | male |
| Krailuck Asawachatroj | Group Chief Strategic Officer | 150.0K | male |
| Natthapatt Tanboon-Ek | Group Chief Financial Officer | 150.0K | male |
| Pajongwit Pongsivapai | Chief Executive Officer of Industrial Estate Development | 90.0K | male |
| Nat Sunthornsaj | Chief Legal Officer | 30.0K | male |
| Pirakorn Sangraksakiat | Director of Corporate Finance and Investor relation | — | male |
| Siyaphas Chantachairoj | Director of Corporate Marketing | — | female |
| Boonpen Likitvarin | Chief Financial Officer of Industrial Estate Development | — | female |
| Suwat Thitathanakit | COO of Industrial Estate Development | — | male |
| Dispong Pornchanoknart | Vice President of Human Resources | — | male |
| Dumrongchai Rojanajirakul | Director of Purchasing & Administration | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for WHA.BK
Short-term intention
Target Price Distribution
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