Valuation Airports of Thailand Deutsche Boerse AG

Stocks

Delayed Deutsche Boerse AG Other stock markets 08:17:36 2026-07-06 EDT			5-day change	1st Jan Change
1.740 ^EUR	+4.82%		+8.07%	+25.18%

06-29	DBS Bank Upgrades Airports of Thailand to Buy from Hold; Price Target is THB68	MT
06-26	Citi Upgrades Airports of Thailand to Buy from Neutral; 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	917,856	-	-
Change	-	18.85%	-3.79%	-8.24%	-36.72%	58.64%	-	-
Enterprise Value (EV) ¹	918,358	1,093,448	1,044,493	949,973	609,360	940,833	932,200	928,049
Change	-	19.07%	-4.48%	-9.05%	-35.86%	54.4%	-0.92%	-0.45%
P/E	-53.5x	-92.9x	113x	47.8x	31.9x	46.6x	31.2x	28.3x
PBR	7.76x	10.2x	8.88x	7.23x	4.42x	6.56x	5.87x	5.41x
PEG	-	2.9x	-1x	0x	-6.11x	5.39x	0.6x	2.8x
Capitalization / Revenue	123x	62.5x	20.7x	13.6x	8.68x	13.3x	11x	10.3x
EV / Revenue	130x	66x	21.7x	14.2x	9.14x	13.6x	11.2x	10.5x
EV / EBITDA	-98.8x	-546x	45.3x	24.5x	16.1x	24x	17.9x	16.5x
EV / EBIT	-50.1x	-100x	73.6x	34.8x	23.6x	34.9x	23.8x	21.7x
EV / FCF	-45.1x	-114x	-221x	33.9x	30.7x	37.6x	30x	29.2x
FCF Yield	-2.22%	-0.87%	-0.45%	2.95%	3.26%	2.66%	3.33%	3.43%
Dividend per Share ²	-	-	-	-	-	0.8122	1.15	1.319
Rate of return	-	-	-	-	-	1.26%	1.79%	2.05%
EPS ²	-1.14	-0.78	0.62	1.34	1.27	1.38	2.061	2.273
Distribution rate	-	-	-	-	-	58.9%	55.8%	58%
Net sales ¹	7,086	16,560	48,141	67,121	66,679	69,267	83,456	88,747
EBITDA ¹	-9,297	-2,002	23,068	38,707	37,901	39,282	52,071	56,118
EBIT ¹	-18,325	-10,934	14,197	27,303	25,859	26,948	39,198	42,700
Net income ¹	-16,322	-11,088	8,791	19,182	18,125	19,761	29,366	32,037
Net Debt ¹	46,931	57,734	48,065	35,688	30,789	22,977	14,344	10,192
Reference price ²	61.00	72.50	69.75	64.00	40.50	64.25	64.25	64.25
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.($)
FRAPORT AG	21.1x	3.37x	10.43x	1.32%	7.99B
FLUGHAFEN WIEN AG	22.81x	4.33x	11.07x	3.22%	4.95B
HAINAN AIRPORT INFRASTRUCTURE CO., LTD	139.5x	-	-	0.36%	4.7B
ATHENS INTERNATIONAL AIRPORT AE	16.92x	6.22x	10.28x	5.93%	3.98B
ENAV S.P.A.	27.66x	2.73x	10.84x	5.69%	3.28B
GUANGZHOU BAIYUN INTERNATIONAL AIRPORT COMPANY LIMITED	25.07x	1.44x	4.95x	2.02%	2.85B
SHENZHEN AIRPORT CO., LTD.	15.3x	2.37x	6.02x	3.29%	1.92B
Average	38.34x	3.41x	8.93x	3.12%	4.24B
Weighted average by Cap.	40.29x	3.63x	9.62x	2.78%