Thai Airways International Public Company Limited is a prominent player in the aviation sector, primarily engaged in air transportation, providing services for passengers, freight, and mail. The carrying out of its operations extends beyond mere tran…
Analysis
Bargain bin
Thai Airways International Public Company Limited falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is attractive. You pay 13.7× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly 1% yearly growth; analysts expect 8%. The price, in other words, assumes less than the experts do.
The trajectory is tepid and the balance sheet is adequate. The company scores 16/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Feb 20264
24
2026
All-time high
24
Jun 2026
All-time low
4
Feb 2026
Average rank
17
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
71
—
—
100
Price/Earnings
77
—
—
100
Price/Book
34
—
—
92
Dividend Yield
61
—
—
1
Value (overall)
70
—
—
81
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.