Valuation Thai Airways International Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 14/08/2026			5-day change	1st Jan Change
5.900 ^THB	-1.67%		+2.61%	-15.11%

08-11	Thai Airways International Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-03	Krungsri Securities Upgrades Thai Airways to Buy from Neutral; Price Target is THB7.90	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2024	2025	2026	2027	2028
Market Cap ¹	7,247	196,708	166,989	-	-
Change	-	2,614.41%	-15.11%	-	-
Enterprise Value (EV) ¹	7,247	235,802	222,518	208,014	212,838
Change	-	3,153.87%	-5.63%	-6.52%	2.32%
P/E	-0.53x	6.38x	9.2x	7.25x	7.03x
PBR	-	2.59x	1.91x	1.52x	1.26x
PEG	-	-0x	-0.2x	0.3x	2.27x
Capitalization / Revenue	-	1.07x	0.87x	0.8x	0.76x
EV / Revenue	-	1.29x	1.15x	1x	0.96x
EV / EBITDA	-	4.12x	5.32x	4.09x	3.87x
EV / EBIT	-	5.65x	9.15x	6.16x	5.99x
EV / FCF	-	9.39x	15.9x	27.5x	18.1x
FCF Yield	-	10.6%	6.28%	3.64%	5.53%
Dividend per Share ²	-	0.21	0.1352	0.1948	0.2053
Rate of return	-	3.02%	2.29%	3.3%	3.48%
EPS ²	-6.26	1.09	0.641	0.8135	0.8387
Distribution rate	-	19.3%	21.1%	23.9%	24.5%
Net sales ¹	-	183,442	192,662	208,342	220,685
EBITDA ¹	-	57,259	41,834	50,821	55,024
EBIT ¹	-	41,740	24,309	33,782	35,535
Net income ¹	-26,934	30,910	18,048	23,165	23,686
Net Debt ¹	-	39,094	55,529	41,024	45,849
Reference price ²	3.320	6.950	5.900	5.900	5.900
Nbr of stocks (in thousands)	2,182,772	28,303,292	28,303,292	-	-
Announcement Date	2/25/25 A	2/27/26 A	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
DELTA AIR LINES, INC.	13.92x	0.98x	7.51x	0.86%	58.44B
UNITED AIRLINES HOLDINGS, INC.	11.2x	0.86x	6.97x	-.--%	40.68B
RYANAIR HOLDINGS PLC	13.92x	1.41x	6.36x	1.8%	29.36B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	8.56x	0.83x	3.89x	2.1%	26.46B
INTERGLOBE AVIATION LIMITED	70.02x	2.39x	13.89x	0.06%	21.47B
SINGAPORE AIRLINES LIMITED	27.86x	1.13x	5.94x	3.57%	17.37B
AIR CHINA LIMITED	-11.69x	1.59x	11.76x	-.--%	16.16B
LATAM AIRLINES GROUP S.A.	11.11x	1.17x	4.83x	3.14%	15B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-67.53x	1.53x	9.13x	-.--%	12B
Average	8.60x	1.32x	7.81x	1.28%	26.33B
Weighted average by Cap.	12.91x	1.22x	7.54x	1.14%