Valuation Asia Aviation Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 28/08/2026			5-day change	1st Jan Change
1.030 ^THB	-0.96%		-0.96%	-8.04%

08-18	Krungsri Securities Upgrades Asia Aviation to Neutral from Reduce; Price Target is THB1.19	MT
08-13	Asia Aviation Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

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	13,236	-	-
Change	-	48.35%	-31.3%	38.69%	-59.42%	-8.04%	-	-
Enterprise Value (EV) ¹	64,871	80,180	67,349	43,299	22,285	12,748	11,660	10,716
Change	-	23.6%	-16%	-35.71%	-48.53%	-42.79%	-8.53%	-8.1%
P/E	-1.98x	-4.42x	52.5x	10.2x	6.16x	-6.11x	14.8x	8.48x
PBR	1.24x	4.68x	2.91x	3.12x	1.06x	1.12x	1.05x	0.91x
PEG	-	0.1x	-0x	0x	-0.2x	0x	-0x	0.1x
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	1.96x	1.31x	1.35x
EV / EBIT	-5.47x	-9.46x	46x	6.47x	4.15x	38.4x	3.7x	2.96x
EV / FCF	-14.6x	-2,473x	11.3x	6.11x	2.43x	8.92x	2.1x	2.05x
FCF Yield	-6.85%	-0.04%	8.82%	16.4%	41.2%	11.2%	47.7%	48.8%
Dividend per Share ²	-	-	-	-	-	-	0.02	0.05
Rate of return	-	-	-	-	-	-	1.94%	4.85%
EPS ²	-1.283	-0.6921	0.0379	0.2707	0.1818	-0.1686	0.0696	0.1214
Distribution rate	-	-	-	-	-	-	28.7%	41.2%
Net sales ¹	3,828	17,553	41,241	49,436	45,691	47,721	50,656	52,869
EBITDA ¹	-7,685	-901.6	6,456	10,797	10,250	6,514	8,923	7,922
EBIT ¹	-11,851	-8,476	1,463	6,697	5,368	331.8	3,150	3,620
Net income ¹	-6,647	-8,030	465.8	3,478	2,336	-2,132	896.6	1,545
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	1.030	1.030	1.030
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	24/2/22	24/2/23	22/2/24	25/2/25	24/2/26	-	-	-

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.($)
DELTA AIR LINES, INC.	12.73x	0.91x	7.06x	0.96%	53.07B
UNITED AIRLINES HOLDINGS, INC.	10.06x	0.8x	6.56x	-.--%	36.48B
RYANAIR HOLDINGS PLC	13.21x	1.33x	6x	1.89%	28.03B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	8.38x	0.82x	3.84x	2.15%	26.15B
INTERGLOBE AVIATION LIMITED	68.43x	2.34x	13.62x	0.06%	21.01B
SINGAPORE AIRLINES LIMITED	28.63x	1.12x	5.94x	3.59%	17.15B
AIR CHINA LIMITED	-11.53x	1.59x	11.74x	-.--%	16.11B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-47.52x	1.55x	9.75x	-.--%	12.02B
CATHAY PACIFIC AIRWAYS LIMITED	8.53x	0.97x	4.81x	5.68%	11.42B
Average	10.10x	1.27x	7.70x	1.59%	24.6B
Weighted average by Cap.	13.10x	1.17x	7.37x	1.3%