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Airports Of Thailand

SET:AOT · TH0765010Z08
Transportation InfrastructureMedium

360

80
EV / EBIT23
Price / Owner Earnings26
Owner Earnings Yield52
Dividend Yield53
Price/Sales4
EV / Gross Profit6
Price/Book10
Return on Capital75
Cash Return on Capital75
Return on Equity60
EBIT Margin89
Gross Profitability72
Cash Conversion36
Accruals84
Owner Earnings Margin94
Sales growth15
Profit Growth85
Long-Term EPS Growth88
Owner Earnings Growth73
Reinvestment41
Price momentum88
Debt load71
Refinancing39
Debt Payback68
Liquidity90
Analyst ratings20
Opinion Changes47
Price Target Upside51
Market mood94
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Airports Of Thailand generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryThailand
IndustryTransportation Infrastructure
SizeMedium
TypePublic Company
ExchangeSET
Founded2002
Employees198
Websiteairportthai.co.th
ISINTH0765010Z08
Last UpdateApr 2, 2026
Indices
SET (Thailand)
Themes
Freight ServiceTourismTravel AccommodationsBusiness TravelAir TransportationPublic TransportationTransportation

Description

Airports of Thailand Public Company Limited is an entity in the aviation sector that specifically dedicate to providing management and operation of airports. The company's operations encompass a comprehensive range of services related to airport man…

Analysis

Beloved champion

Airports of Thailand Public Company Limited sits in the top corner of our grid: excellent business, premium price; every investor already knows the story.

On valuation, the picture is expensive. The owner-earnings multiple stands at 43.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 17% a year, against analyst forecasts of 25%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 16/20 on our value-creation score: strong value creator.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
57
2023202420252026

All-time high

78

Mar 2026

All-time low

48

Jan 2024

Average rank

62

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
4
9
3
1
Price/Earnings
7
20
18
1
Price/Book
10
18
10
14
Dividend Yield
53
37
44
38
Value (overall)
12
9
11
7

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →