Valuation Airports of Thailand

Stocks

End-of-day quote Thailand S.E. 2026-08-17			5-day change	1st Jan Change
66.00 ^THB	+1.54%		+4.35%	+24.53%

08-12	Airports of Thailand Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026	CI
07-06	Airports of Thailand Public Company Limited Announces Retirement of Police General Wanoo Mekmok as Independent Director, Effective July 8, 2026	CI

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	942,856	-	-
Change	-	18.85%	-3.79%	-8.24%	-36.72%	62.96%	-	-
Enterprise Value (EV) ¹	918,358	1,093,448	1,044,493	949,973	609,360	967,599	968,187	968,788
Change	-	19.07%	-4.48%	-9.05%	-35.86%	58.79%	0.06%	0.06%
P/E	-53.5x	-92.9x	113x	47.8x	31.9x	47.7x	32.1x	29.1x
PBR	7.76x	10.2x	8.88x	7.23x	4.42x	6.8x	6.01x	5.54x
PEG	-	2.9x	-1x	0x	-6.11x	5.31x	0.7x	2.8x
Capitalization / Revenue	123x	62.5x	20.7x	13.6x	8.68x	13.8x	11.3x	10.6x
EV / Revenue	130x	66x	21.7x	14.2x	9.14x	14.2x	11.6x	10.9x
EV / EBITDA	-98.8x	-546x	45.3x	24.5x	16.1x	25x	18.7x	17.3x
EV / EBIT	-50.1x	-100x	73.6x	34.8x	23.6x	35.9x	24.8x	22.7x
EV / FCF	-45.1x	-114x	-221x	33.9x	30.7x	41.6x	31.8x	30.3x
FCF Yield	-2.22%	-0.87%	-0.45%	2.95%	3.26%	2.41%	3.14%	3.3%
Dividend per Share ²	-	-	-	-	-	0.7686	1.145	1.318
Rate of return	-	-	-	-	-	1.16%	1.74%	2%
EPS ²	-1.14	-0.78	0.62	1.34	1.27	1.384	2.056	2.266
Distribution rate	-	-	-	-	-	55.5%	55.7%	58.2%
Net sales ¹	7,086	16,560	48,141	67,121	66,679	68,132	83,133	88,813
EBITDA ¹	-9,297	-2,002	23,068	38,707	37,901	38,658	51,897	56,154
EBIT ¹	-18,325	-10,934	14,197	27,303	25,859	26,986	39,061	42,757
Net income ¹	-16,322	-11,088	8,791	19,182	18,125	19,429	29,345	32,351
Net Debt ¹	46,931	57,734	48,065	35,688	30,789	24,743	25,331	25,932
Reference price ²	61.00	72.50	69.75	64.00	40.50	66.00	66.00	66.00
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
AIRPORTS OF THAILAND	46.62x	13.77x	24.24x	1.26%	28.03B
FRAPORT AG	20.53x	3.18x	9.94x	1.53%	7.02B
FLUGHAFEN WIEN AG	22.93x	4.35x	11.09x	3.2%	5.05B
GRUPO AEROPORTUARIO DEL CENTRO NORTE, S.A.B. DE C.V.	13.48x	5.6x	8.62x	5.72%	4.99B
HAINAN AIRPORT INFRASTRUCTURE CO., LTD	142.5x	-	-	0.35%	4.83B
ATHENS INTERNATIONAL AIRPORT AE	16.43x	6.07x	10.03x	6.11%	3.91B
ENAV S.P.A.	26.01x	2.52x	9.97x	5.97%	3.16B
GUANGZHOU BAIYUN INTERNATIONAL AIRPORT COMPANY LIMITED	25.79x	1.44x	4.99x	1.93%	2.86B
SHENZHEN AIRPORT CO., LTD.	15.2x	2.39x	6.27x	3.48%	1.97B
Average	36.61x	4.91x	10.64x	3.28%	6.87B
Weighted average by Cap.	41.61x	8.75x	16.59x	2.39%