Valuation Asia Aviation

Stocks

End-of-day quote Thailand S.E. Other stock markets 27/07/2026			5-day change	1st Jan Change
1.060 ^THB	+0.95%		-0.93%	-5.36%

05-14	Asia Aviation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
02-25	Krungsri Securities Upgrades Asia Aviation to Neutral from Reduce, Price Target is THB1.41	MT

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	13,621	-	-
Change	-	48.35%	-31.3%	38.69%	-59.42%	-5.36%	-	-
Enterprise Value (EV) ¹	64,871	80,180	67,349	43,299	22,285	13,134	12,046	11,101
Change	-	23.6%	-16%	-35.71%	-48.53%	-41.06%	-8.28%	-7.84%
P/E	-1.98x	-4.42x	52.5x	10.2x	6.16x	-19.1x	9.74x	8.73x
PBR	1.24x	4.68x	2.91x	3.12x	1.06x	1.12x	1.04x	1x
PEG	-	0.1x	-0x	0x	-0.2x	0x	-0x	0.8x
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	0.21x
EV / EBITDA	-8.44x	-88.9x	10.4x	4.01x	2.17x	1.69x	1.27x	1.38x
EV / EBIT	-5.47x	-9.46x	46x	6.47x	4.15x	4.78x	3.25x	2.59x
EV / FCF	-14.6x	-2,473x	11.3x	6.11x	2.43x	-9x	3.01x	2.71x
FCF Yield	-6.85%	-0.04%	8.82%	16.4%	41.2%	-11.1%	33.2%	36.9%
Dividend per Share ²	-	-	-	-	-	-	0.0167	0.07
Rate of return	-	-	-	-	-	-	1.57%	6.6%
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	1.060	1.060	1.060
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.($)
ASIA AVIATION	-18.93x	0.27x	1.68x	-.--%	401M
DELTA AIR LINES, INC.	13.25x	0.94x	7.22x	0.9%	55.64B
UNITED AIRLINES HOLDINGS, INC.	10.41x	0.82x	6.69x	-.--%	38.39B
RYANAIR HOLDINGS PLC	13.87x	1.41x	6.34x	1.8%	28.78B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	8.11x	0.8x	3.82x	2.08%	25.55B
INTERGLOBE AVIATION LIMITED	-349.79x	2.6x	13.71x	0.2%	20.02B
SINGAPORE AIRLINES LIMITED	28.52x	1.21x	6.21x	3.61%	18.44B
AIR CHINA LIMITED	-13.52x	1.61x	10.29x	-.--%	16.25B
LATAM AIRLINES GROUP S.A.	10.77x	1.15x	4.58x	3.24%	14.53B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-119.83x	1.51x	8.5x	-.--%	12.02B
Average	-41.71x	1.23x	6.90x	1.18%	23B
Weighted average by Cap.	-27.15x	1.22x	7.23x	1.19%