Valuation Airports of Thailand Deutsche Boerse AG

Stocks

Market Closed - Deutsche Boerse AG 06:02:54 30/10/26 pm AEDT			5-day change	1st Jan Change
1.530 ^EUR	-1.92%		+2.00%	+10.07%

21/10	Airports of Thailand Public Company Limited Announces Appointment of Somchai Pongpattanasin as Director, Effective October 21, 2026	CI
09/10	CLSA Upgrades Airports of Thailand to Accumulate from Hold; Price Target is THB70	MT

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	871,428	1,035,713	996,428	914,285	578,571	853,571	-	-
Change	-	18.85%	-3.79%	-8.24%	-36.72%	47.53%	-	-
Enterprise Value (EV) ¹	918,358	1,093,448	1,044,493	949,973	609,360	873,487	878,618	881,760
Change	-	19.07%	-4.48%	-9.05%	-35.86%	43.35%	0.59%	0.36%
P/E	-53.5x	-92.9x	113x	47.8x	31.9x	43.6x	28.8x	26x
PBR	7.76x	10.2x	8.88x	7.23x	4.42x	6.11x	5.42x	4.98x
PEG	-	2.9x	-1x	0x	-6.11x	5.57x	0.6x	2.4x
Capitalization / Revenue	123x	62.5x	20.7x	13.6x	8.68x	12.4x	10.3x	9.66x
EV / Revenue	130x	66x	21.7x	14.2x	9.14x	12.7x	10.6x	9.98x
EV / EBITDA	-98.8x	-546x	45.3x	24.5x	16.1x	22.4x	16.9x	15.7x
EV / EBIT	-50.1x	-100x	73.6x	34.8x	23.6x	32.7x	22.4x	20.5x
EV / FCF	-45.1x	-114x	-221x	33.9x	30.7x	35.4x	28.6x	28.4x
FCF Yield	-2.22%	-0.87%	-0.45%	2.95%	3.26%	2.83%	3.49%	3.52%
Dividend per Share ²	-	-	-	-	-	0.826	1.148	1.322
Rate of return	-	-	-	-	-	1.38%	1.92%	2.21%
EPS ²	-1.14	-0.78	0.62	1.34	1.27	1.369	2.077	2.299
Distribution rate	-	-	-	-	-	60.3%	55.3%	57.5%
Net sales ¹	7,086	16,560	48,141	67,121	66,679	69,005	82,838	88,328
EBITDA ¹	-9,297	-2,002	23,068	38,707	37,901	39,020	51,887	56,069
EBIT ¹	-18,325	-10,934	14,197	27,303	25,859	26,722	39,198	42,944
Net income ¹	-16,322	-11,088	8,791	19,182	18,125	19,756	29,689	32,723
Net Debt ¹	46,931	57,734	48,065	35,688	30,789	19,917	25,047	28,190
Reference price ²	61.00	72.50	69.75	64.00	40.50	59.75	59.75	59.75
Nbr of stocks (in thousands)	14,285,700	14,285,700	14,285,700	14,285,700	14,285,700	14,285,700	-	-
Announcement Date	22/11/21	21/11/22	20/11/23	21/11/24	21/11/25	-	-	-

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.($)
AENA S.M.E., S.A.	17.39x	6.68x	11.37x	4.49%	45.36B
AIRPORTS OF THAILAND	43.63x	12.66x	22.39x	1.38%	25.27B
CHINA TOURISM GROUP DUTY FREE CORPORATION LIMITED	22.68x	1.27x	9.58x	2.05%	15.43B
GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V.	20.8x	6.76x	12.82x	2.34%	13.74B
AÉROPORTS DE PARIS	18.49x	2.92x	8.63x	3.54%	12.47B
GMR AIRPORTS LIMITED	191.79x	8.32x	19.84x	-.--%	9.67B
SHANGHAI INTERNATIONAL AIRPORT CO., LTD.	23x	3.05x	7x	2.22%	9.02B
AUCKLAND INTERNATIONAL AIRPORT LIMITED	45.32x	16.5x	23.28x	1.63%	8.08B
FLUGHAFEN ZÜRICH AG	19.46x	5.56x	10.07x	3.87%	7.56B
Average	44.73x	7.08x	13.89x	2.39%	16.29B
Weighted average by Cap.	36.37x	7.20x	13.86x	2.79%