Valuation: Airports of Thailand

Market Cap 871B 26.22B 22.72B 21.44B 19.45B 36.49B 2,513B 36.76B 256B 98.68B 1,275B 98.49B 96.32B 4,053B P/E 2026 *
44.7x
P/E 2027 * 29.4x
Enterprise Value 891B 26.82B 23.24B 21.93B 19.9B 37.33B 2,571B 37.6B 262B 101B 1,304B 101B 98.52B 4,146B EV / Sales 2026 *
12.9x
EV / Sales 2027 * 10.8x
Free-Float
27.04%
Yield 2026 *
1.33%
Yield 2027 * 1.88%
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 day-0.81%
1 week-3.94%
Current month-3.94%
1 month-3.94%
3 months+5.17%
6 months+24.49%
Current year+15.09%
1 week 60.5
Extreme 60.5
63.25
1 month 60.5
Extreme 60.5
67.25
Current year 45
Extreme 45
67.25
1 year 37.75
Extreme 37.75
67.25
3 years 26.75
Extreme 26.75
71.75
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.($)
-0.81%-3.94%+58.44%-14.39% 26.62B
-0.72%-0.36%-17.37%+10.40% 6.77B
-0.17%-3.84%-19.34%+16.38% 6.46B
-1.13%-1.13%-0.76%+13.54% 5.16B
+0.06%-0.52%-18.96%-0.20% 4.76B
0.00%-2.14%-31.25%-30.90% 4.68B
-1.76%+1.44%+2.52% - 3.98B
-1.27%-3.21%+9.50%+30.85% 3.06B
+0.26%-1.65%-19.00%-35.12% 2.97B
+0.15%-1.66%-8.16%-6.04% 1.99B
Average -0.41%-1.59%-4.44%-1.72% 6.64B
Weighted average by Cap. -0.51%-2.16%+15.64%-4.88%

Financials

2026 *2027 *
Net sales 69.31B 2.09B 1.81B 1.71B 1.55B 2.9B 200B 2.92B 20.37B 7.85B 101B 7.83B 7.66B 322B 83.11B 2.5B 2.17B 2.04B 1.86B 3.48B 240B 3.51B 24.42B 9.41B 122B 9.39B 9.19B 387B
Net income 19.74B 594M 515M 486M 441M 827M 56.94B 833M 5.8B 2.24B 28.89B 2.23B 2.18B 91.84B 29.62B 891M 772M 729M 661M 1.24B 85.42B 1.25B 8.7B 3.35B 43.33B 3.35B 3.27B 138B
Net Debt 19.95B 600M 520M 491M 445M 836M 57.55B 842M 5.86B 2.26B 29.2B 2.26B 2.21B 92.82B 25.33B 762M 660M 623M 565M 1.06B 73.06B 1.07B 7.44B 2.87B 37.06B 2.86B 2.8B 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
14/09/26 THB 61.00 -0.81% 23,929,322
11/09/26 THB 61.50 -1.20% 30,486,375
10/09/26 THB 62.25 0.00% 10,498,807
09/09/26 THB 62.25 -1.19% 16,488,467
08/09/26 THB 63.00 +0.80% 16,559,362
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
61.00THB
Average target price
67.58THB
Spread / Average Target
+10.79%

Quarterly revenue - Rate of surprise

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