Company Valuation: Asia Aviation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,092 37,223 25,571 35,466 14,392 13,492 - -
Change - 48.35% -31.3% 38.69% -59.42% -6.25% - -
Enterprise Value (EV) 1 64,871 80,180 67,349 43,299 22,285 13,006 11,918 10,972
Change - 23.6% -16% -35.71% -48.53% -41.64% -8.37% -7.93%
P/E -1.98x -4.42x 52.5x 10.2x 6.16x -18.9x 9.65x 8.65x
PBR 1.24x 4.68x 2.91x 3.12x 1.06x 1.11x 1.03x 0.99x
PEG - 0.1x -0x 0x -0.2x 0x -0x 0.7x
Capitalization / Revenue 6.55x 2.12x 0.62x 0.72x 0.31x 0.28x 0.26x 0.25x
EV / Revenue 16.9x 4.57x 1.63x 0.88x 0.49x 0.27x 0.23x 0.2x
EV / EBITDA -8.44x -88.9x 10.4x 4.01x 2.17x 1.68x 1.26x 1.37x
EV / EBIT -5.47x -9.46x 46x 6.47x 4.15x 4.73x 3.21x 2.56x
EV / FCF -14.6x -2,473x 11.3x 6.11x 2.43x -8.91x 2.98x 2.68x
FCF Yield -6.85% -0.04% 8.82% 16.4% 41.2% -11.2% 33.6% 37.3%
Dividend per Share 2 - - - - - - 0.0167 0.07
Rate of return - - - - - - 1.59% 6.67%
EPS 2 -1.283 -0.6921 0.0379 0.2707 0.1818 -0.0555 0.1088 0.1214
Distribution rate - - - - - - 15.3% 57.6%
Net sales 1 3,828 17,553 41,241 49,436 45,691 48,261 51,416 53,572
EBITDA 1 -7,685 -901.6 6,456 10,797 10,250 7,749 9,481 8,029
EBIT 1 -11,851 -8,476 1,463 6,697 5,368 2,750 3,709 4,284
Net income 1 -6,647 -8,030 465.8 3,478 2,336 -722.8 1,138 1,561
Net Debt 1 39,780 42,957 41,777 7,833 7,893 -487 -1,575 -2,520
Reference price 2 2.540 3.060 1.990 2.760 1.120 1.050 1.050 1.050
Nbr of stocks (in thousands) 9,878,571 12,164,286 12,850,000 12,850,000 12,850,000 12,850,000 - -
Announcement Date 2/24/22 2/24/23 2/22/24 2/25/25 2/24/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-19.11x0.27x1.69x-.--% 403M
12.77x0.92x7.01x0.93% 53.61B
10.15x0.81x6.56x-.--% 37.44B
13.3x1.34x6.04x1.88% 27.55B
7.88x0.78x3.73x2.14% 24.79B
-352.49x2.61x13.8x0.2% 20.06B
28.84x1.21x6.23x3.6% 18.45B
10.55x1.14x4.52x3.31% 14.24B
-123.16x1.52x8.57x-.--% 12.35B
8.07x0.39x3.88x3.78% 11.53B
Average -40.32x 1.10x 6.20x 1.58% 22.04B
Weighted average by Cap. -28.12x 1.14x 6.75x 1.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. AAV Stock
  4. Valuation Asia Aviation