Valuation: Airports of Thailand

Market Cap 950B 28.69B 24.78B 23.32B 21.19B 39.86B 2,749B 40.44B 274B 107B 1,375B 108B 105B 4,580B P/E 2026 *
48x
P/E 2027 * 32.2x
Enterprise Value 975B 29.44B 25.43B 23.92B 21.74B 40.9B 2,821B 41.5B 281B 110B 1,411B 111B 108B 4,699B EV / Sales 2026 *
14.3x
EV / Sales 2027 * 11.7x
Free-Float
27.04%
Yield 2026 *
1.16%
Yield 2027 * 1.72%
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
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
06-18 Airports of Thailand Public Company Limited Announces Committee Changes, Effective June 17, 2026 CI
05-20 Airports of Thailand Public Company Limited Announces Appointment of Thira Jearsiripongkul as Corporate Governance Committee Member, Effective May 20, 2026 CI
05-14 Airports of Thailand Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2026 CI
05-14 Airports of Thailand still faces significant challenges for remainder of FY 2026 RE
04-24 Yuanta Securities Downgrades Airports of Thailand to Hold from Buy, Price Target is THB60 MT
04-17 Airports of Thailand Public Company Limited Announces Board Appointments, Effective April 17, 2026 CI
04-09 Krungthai XSpring Securities Upgrades Airports of Thailand to Buy from Neutral; Price Target is THB60 MT
03-25 Airports of Thailand Public Company Limited Announces Resignation of Pakorn Nilprapunt as Independent Director and Audit Committee Member, Term Expiring on March 25, 2026 CI
03-24 Yuanta Securities Upgrades Airports of Thailand to Buy from Hold, Price Target is THB60 MT
1 day+5.25%
1 week+5.25%
Current month+5.25%
1 month+5.25%
3 months+12.81%
6 months+11.39%
Current year+9.46%
1 week 18.05
Extreme 18.05
18.05
1 month 18.05
Extreme 18.05
18.05
Current year 12.22
Extreme 12.22
19.4
1 year 10.11
Extreme 10.11
19.4
3 years 8.55
Extreme 8.55
20.84
5 years 8.55
Extreme 8.55
23.7
10 years 0
Extreme 0
27.63
Manager TitleAgeSince
President - 22/04/2025
Director of Finance/CFO 59 30/09/2022
Compliance Officer - 31/03/2022
Director TitleAgeSince
Director/Board Member 64 14/11/2016
Chairman - 23/01/2025
Director/Board Member 51 19/01/2023
Change 5-day change 1-year change 3-year change Capi.($)
+5.25%+5.25% - - 28.55B
+0.76%+5.14%+70.51%-6.01% 28.55B
-2.03%-5.71%-19.80%+29.83% 6.87B
-1.45%-2.86%-18.56%-2.51% 6.71B
-0.39%-5.90%-12.62%+16.99% 4.96B
-0.40%-2.33%-3.82%+8.15% 4.92B
-0.35%-2.73%-25.78%-31.16% 4.85B
-0.19%-1.51%-2.79% - 3.86B
+0.24%-2.89%+16.28%+36.59% 3.1B
-0.40%-3.13%-22.14%-46.92% 2.85B
Average +0.21%-1.88%-2.08%+0.62% 7.41B
Weighted average by Cap. +1.53%+0.75%+22.85%-0.48%

Financials

2026 *2027 *
Net sales 68.2B 2.06B 1.78B 1.67B 1.52B 2.86B 197B 2.9B 19.63B 7.69B 98.71B 7.73B 7.57B 329B 83.19B 2.51B 2.17B 2.04B 1.86B 3.49B 241B 3.54B 23.95B 9.39B 120B 9.43B 9.23B 401B
Net income 19.58B 591M 511M 481M 437M 822M 56.67B 834M 5.64B 2.21B 28.34B 2.22B 2.17B 94.41B 29.48B 890M 769M 724M 658M 1.24B 85.32B 1.26B 8.49B 3.33B 42.67B 3.34B 3.27B 142B
Net Debt 24.74B 747M 645M 607M 552M 1.04B 71.6B 1.05B 7.12B 2.79B 35.81B 2.81B 2.74B 119B 25.33B 765M 661M 622M 565M 1.06B 73.31B 1.08B 7.29B 2.86B 36.66B 2.87B 2.81B 122B
Logo Airports of Thailand
Airports of Thailand Public Company Limited is a Thailand-based company, which is engaged in airport management business, hotel business, ground aviation services, security business and manages the project on perishable goods business. The Company's market segmentation includes aeronautical and non-aeronautical. Its aeronautical market segmentation includes aeronautical activities comprising landing and parking charge, departure passenger service charge and aircraft service charge. Its non-aeronautical market segmentation includes non-aeronautical activities comprising office and state property, services and concessions (consisting of various activities, including advertising and public relations, financial business and office building services). It operates various airports, including Suvarnabhumi Airport, Don Mueang International Airport, Chiang Mai International Airport, Hat Yai International Airport, Phuket International Airport and Mae Fah Luang - Chiang Rai International Airport.
Employees
8,117
Date Price Change Volume
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
66.50THB
Average target price
66.11THB
Spread / Average Target
-0.58%

Quarterly revenue - Rate of surprise