Valuation Airports of Thailand Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 2026-10-29			5-day change	1st Jan Change
60.00 ^THB	0.00%		+3.00%	+13.21%

10-21	Airports of Thailand Public Company Limited Announces Appointment of Somchai Pongpattanasin as Director, Effective October 21, 2026	CI
10-09	CLSA Upgrades Airports of Thailand to Accumulate from Hold; Price Target is THB70	MT

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	871,428	1,035,713	996,428	914,285	578,571	857,142	-	-
Change	-	18.85%	-3.79%	-8.24%	-36.72%	48.15%	-	-
Enterprise Value (EV) ¹	918,358	1,093,448	1,044,493	949,973	609,360	877,059	882,189	885,332
Change	-	19.07%	-4.48%	-9.05%	-35.86%	43.93%	0.58%	0.36%
P/E	-53.5x	-92.9x	113x	47.8x	31.9x	43.8x	28.9x	26.1x
PBR	7.76x	10.2x	8.88x	7.23x	4.42x	6.14x	5.44x	5x
PEG	-	2.9x	-1x	0x	-6.11x	5.59x	0.6x	2.4x
Capitalization / Revenue	123x	62.5x	20.7x	13.6x	8.68x	12.4x	10.3x	9.7x
EV / Revenue	130x	66x	21.7x	14.2x	9.14x	12.7x	10.6x	10x
EV / EBITDA	-98.8x	-546x	45.3x	24.5x	16.1x	22.5x	17x	15.8x
EV / EBIT	-50.1x	-100x	73.6x	34.8x	23.6x	32.8x	22.5x	20.6x
EV / FCF	-45.1x	-114x	-221x	33.9x	30.7x	35.5x	28.8x	28.5x
FCF Yield	-2.22%	-0.87%	-0.45%	2.95%	3.26%	2.81%	3.48%	3.51%
Dividend per Share ²	-	-	-	-	-	0.826	1.148	1.322
Rate of return	-	-	-	-	-	1.38%	1.91%	2.2%
EPS ²	-1.14	-0.78	0.62	1.34	1.27	1.369	2.077	2.299
Distribution rate	-	-	-	-	-	60.3%	55.3%	57.5%
Net sales ¹	7,086	16,560	48,141	67,121	66,679	69,005	82,838	88,328
EBITDA ¹	-9,297	-2,002	23,068	38,707	37,901	39,020	51,887	56,069
EBIT ¹	-18,325	-10,934	14,197	27,303	25,859	26,722	39,198	42,944
Net income ¹	-16,322	-11,088	8,791	19,182	18,125	19,756	29,689	32,723
Net Debt ¹	46,931	57,734	48,065	35,688	30,789	19,917	25,047	28,190
Reference price ²	61.00	72.50	69.75	64.00	40.50	60.00	60.00	60.00
Nbr of stocks (in thousands)	14,285,700	14,285,700	14,285,700	14,285,700	14,285,700	14,285,700	-	-
Announcement Date	11/22/21	11/21/22	11/20/23	11/21/24	11/21/25	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AENA S.M.E., S.A.	17.22x	6.62x	11.25x	4.51%	44.77B
AIRPORTS OF THAILAND	43.81x	12.71x	22.48x	1.38%	25.37B
CHINA TOURISM GROUP DUTY FREE CORPORATION LIMITED	22.54x	1.26x	9.5x	2.06%	15.32B
GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V.	19.76x	6.48x	12.29x	2.46%	13.16B
AÉROPORTS DE PARIS	18.14x	2.89x	8.54x	3.61%	12.24B
GMR AIRPORTS LIMITED	160.16x	8.05x	20.11x	-.--%	9.95B
SHANGHAI INTERNATIONAL AIRPORT CO., LTD.	22.69x	2.99x	6.87x	2.25%	8.88B
AUCKLAND INTERNATIONAL AIRPORT LIMITED	44.84x	16.36x	23.08x	1.65%	7.97B
GRUPO AEROPORTUARIO DEL SURESTE, S. A. B. DE C. V.	12.88x	4.12x	7.55x	6.53%	7.4B
Average	40.23x	6.83x	13.52x	2.71%	16.12B
Weighted average by Cap.	34.17x	7.07x	13.70x	2.94%