Valuation: Airports of Thailand

Market Cap 854B 25.34B 22.61B 21.06B 19.17B 36.09B 2,440B 36.36B 254B 99.01B 1,246B 95.13B 93.08B 4,004B P/E 2026 *
43.6x
P/E 2027 * 28.7x
Enterprise Value 873B 25.9B 23.11B 21.53B 19.59B 36.9B 2,495B 37.17B 260B 101B 1,273B 97.25B 95.15B 4,093B EV / Sales 2026 *
12.6x
EV / Sales 2027 * 10.6x
Free-Float
27.04%
Yield 2026 *
1.36%
Yield 2027 * 1.92%
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 week-4.40%
Current month-0.42%
1 month-5.91%
3 months-7.00%
6 months+12.74%
Current year+12.74%
1 week 59
Extreme 59
61.5
1 month 59
Extreme 59
63.5
Current year 45
Extreme 45
67.25
1 year 39
Extreme 39
67.25
3 years 26.75
Extreme 26.75
69.25
5 years 26.75
Extreme 26.75
76.5
10 years 26.75
Extreme 26.75
81.75
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
Date Insider Type Main position Quantity % Market Cap. Importance
26/12/25 Sell 10,000 0.0001%
03/12/25 Sell 10,000 0.0001%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-4.40%+37.36%-13.72% 25.34B
+0.12%-0.47%+12.12%+83.22% 42.78B
+1.00%+1.28%-28.13%-51.46% 15.71B
+0.37%-2.01%-3.76%0.00% 11.88B
+3.89%-1.48%-10.30%+65.95% 12.45B
+0.22%-0.74%+4.92%+51.07% 10.17B
+0.89%+0.98%-29.19%-40.41% 8.38B
+0.48%-1.41%+5.94%+6.75% 7.97B
+0.31%-2.69%-19.49%+14.71% 7.21B
+1.61%-0.69%-25.34%+19.62% 7.17B
Average +0.90%-1.41%-5.59%+13.57% 14.91B
Weighted average by Cap. +0.68%-1.43%+2.55%+24.86%

Financials

2026 *2027 *
Net sales 69.3B 2.06B 1.84B 1.71B 1.56B 2.93B 198B 2.95B 20.66B 8.04B 101B 7.72B 7.56B 325B 83.1B 2.47B 2.2B 2.05B 1.87B 3.51B 238B 3.54B 24.78B 9.64B 121B 9.26B 9.06B 390B
Net income 19.83B 589M 525M 489M 445M 839M 56.7B 845M 5.91B 2.3B 28.94B 2.21B 2.16B 93.01B 29.82B 885M 790M 736M 670M 1.26B 85.25B 1.27B 8.89B 3.46B 43.51B 3.32B 3.25B 140B
Net Debt 19B 564M 503M 469M 427M 803M 54.32B 809M 5.66B 2.2B 27.73B 2.12B 2.07B 89.12B 25.1B 745M 665M 619M 564M 1.06B 71.75B 1.07B 7.48B 2.91B 36.62B 2.8B 2.74B 118B
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
05/10/26 THB 59.75 0.00% 11,573,426
02/10/26 THB 59.75 0.00% 23,902,983
01/10/26 THB 59.75 -0.42% 31,337,686
30/09/26 THB 60.00 -2.04% 39,843,343
29/09/26 THB 61.25 -2.00% 26,152,655
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
59.75THB
Average target price
68.39THB
Spread / Average Target
+14.47%

Quarterly revenue - Rate of surprise