Valuation: Airports of Thailand

Market Cap 854B 25.42B 22.59B 21.08B 19.22B 36.24B 2,444B 36.58B 255B 98.87B 1,249B 95.45B 93.38B 4,010B P/E 2026 *
43.6x
P/E 2027 * 28.6x
Enterprise Value 874B 26.02B 23.12B 21.58B 19.67B 37.1B 2,502B 37.44B 261B 101B 1,279B 97.7B 95.58B 4,104B EV / Sales 2026 *
12.6x
EV / Sales 2027 * 10.6x
Free-Float
27.04%
Yield 2026 *
1.36%
Yield 2027 * 1.93%
13/08 Airports of Thailand Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026 CI
06/07 Airports of Thailand Public Company Limited Announces Retirement of Police General Wanoo Mekmok as Independent Director, Effective July 8, 2026 CI
29/06 DBS Bank Upgrades Airports of Thailand to Buy from Hold; Price Target is THB68 MT
26/06 Citi Upgrades Airports of Thailand to Buy from Neutral; Price Target is THB70 MT
18/06 Airports of Thailand Public Company Limited Announces Committee Changes, Effective June 17, 2026 CI
20/05 Airports of Thailand Public Company Limited Announces Appointment of Thira Jearsiripongkul as Corporate Governance Committee Member, Effective May 20, 2026 CI
15/05 Airports of Thailand Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2026 CI
14/05 Airports of Thailand still faces significant challenges for remainder of FY 2026 RE
24/04 Yuanta Securities Downgrades Airports of Thailand to Hold from Buy, Price Target is THB60 MT
17/04 Airports of Thailand Public Company Limited Announces Board Appointments, Effective April 17, 2026 CI
09/04 Krungthai XSpring Securities Upgrades Airports of Thailand to Buy from Neutral; Price Target is THB60 MT
25/03 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
24/03 Yuanta Securities Upgrades Airports of Thailand to Buy from Hold, Price Target is THB60 MT
1 week-4.02%
Current month-0.42%
1 month-4.78%
3 months-7.00%
6 months+12.74%
Current year+12.74%
1 week 59
Extreme 59
62.5
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 - 23/04/2025
Director of Finance/CFO 59 01/10/2022
Compliance Officer - 01/04/2022
Director TitleAgeSince
Director/Board Member 64 15/11/2016
Chairman - 24/01/2025
Director/Board Member 51 20/01/2023
Date Insider Type Main position Quantity % Market Cap. Importance
26/12/25 Sell 10,000 0.0001%
3/12/25 Sell 10,000 0.0001%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-4.02%+37.36%-14.64% 25.42B
+1.91%-1.08%+12.08%+85.24% 43.22B
+1.00%-0.04%-28.13%-51.46% 15.71B
+3.07%-2.98%-5.37%+1.51% 11.97B
+1.58%-4.77%-13.66%+27.23% 11.94B
-2.09%-4.89%+4.35%+56.70% 10.23B
+0.89%+0.53%-29.19%-40.41% 8.38B
-0.95%-2.46%+5.44%+7.47% 7.96B
-0.36%-3.02%-18.46%+15.87% 7.24B
+0.44%-0.97%-26.53%+0.21% 7.04B
Average +0.55%-2.73%-6.21%+8.77% 14.91B
Weighted average by Cap. +0.89%-2.56%+2.18%+21.89%

Financials

2026 *2027 *
Net sales 69.3B 2.06B 1.83B 1.71B 1.56B 2.94B 198B 2.97B 20.72B 8.03B 101B 7.75B 7.58B 326B 83.19B 2.48B 2.2B 2.05B 1.87B 3.53B 238B 3.56B 24.87B 9.64B 122B 9.3B 9.1B 391B
Net income 19.83B 591M 525M 490M 446M 842M 56.78B 850M 5.93B 2.3B 29.03B 2.22B 2.17B 93.15B 29.82B 888M 789M 737M 671M 1.27B 85.38B 1.28B 8.91B 3.45B 43.65B 3.33B 3.26B 140B
Net Debt 20.1B 599M 532M 497M 453M 854M 57.56B 862M 6.01B 2.33B 29.43B 2.25B 2.2B 94.44B 25.1B 747M 664M 620M 565M 1.07B 71.86B 1.08B 7.5B 2.91B 36.73B 2.81B 2.75B 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
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
28/09/26 THB 62.50 +0.40% 12,511,928
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