Valuation: Thai Airways International

Market Cap 17TCr 517.52Cr 453.76Cr 418.27Cr 391.58Cr 734.28Cr 49TCr 749.53Cr 5.03TCr 1.95TCr 24TCr 1.94TCr 1.9TCr 84TCr P/E 2026 *
7.91x
P/E 2027 * 7.18x
Enterprise Value 22TCr 654.97Cr 574.28Cr 529.36Cr 495.59Cr 929.3Cr 62TCr 948.6Cr 6.36TCr 2.46TCr 31TCr 2.46TCr 2.41TCr 1,05900Cr EV / Sales 2026 *
1.13x
EV / Sales 2027 * 1.08x
Free-Float
37.82%
Yield 2026 *
2.66%
Yield 2027 * 3.23%
1 week-3.94%
Current month-8.96%
1 month-7.58%
6 months-24.22%
Current year-12.23%
1 week 6
Extreme 6
6.4
1 month 6
Extreme 6
7.2
Current year 5.25
Extreme 5.25
7.8
1 year 5.25
Extreme 5.25
19.4
3 years 5.25
Extreme 5.25
19.4
5 years 5.25
Extreme 5.25
19.4
10 years 1.6
Extreme 1.6
32
Manager TitleAgeSince
Chief Executive Officer - 01/02/2023
Director of Finance/CFO - -
Chief Operating Officer - -
Director TitleAgeSince
Director/Board Member 61 23/05/2015
Director/Board Member 65 21/04/2017
Director/Board Member - 18/04/2025
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-3.94%+83.73%+83.73% 517.71Cr
+0.50%+9.97%+89.03%+114.58% 6.02TCr
+1.12%+15.04%+75.51%+155.27% 4.37TCr
-0.80%+5.68%+13.53%+67.16% 3.27TCr
-1.09%+6.13%+45.17%+207.35% 2.86TCr
+4.66%+8.53%-4.24%+121.11% 2.23TCr
+0.13%+5.08%+10.87%+2.27% 1.86TCr
-1.31%-0.66%-24.07%-19.32% 1.48TCr
-0.24%+8.08%+38.64%+6.75% 1.34TCr
-3.05%+2.27%-8.15%-9.83% 1.32TCr
Average +0.02%+6.02%+32.00%+72.91% 2.53TCr
Weighted average by Cap. +0.32%+8.17%+43.46%+97.57%

Financials

2026 *2027 *
Net sales 19TCr 578.14Cr 506.92Cr 467.26Cr 437.45Cr 820.29Cr 55TCr 837.32Cr 5.62TCr 2.17TCr 27TCr 2.17TCr 2.12TCr 93TCr 20TCr 612.46Cr 537.01Cr 495Cr 463.42Cr 868.99Cr 58TCr 887.03Cr 5.95TCr 2.3TCr 29TCr 2.3TCr 2.25TCr 99TCr
Net income 2.18TCr 65Cr 57Cr 53Cr 49Cr 93Cr 6.16TCr 95Cr 634Cr 245.32Cr 3.04TCr 245.07Cr 239.72Cr 11TCr 2.39TCr 72Cr 63Cr 58Cr 54Cr 101.65Cr 6.76TCr 103.76Cr 695.95Cr 269.29Cr 3.34TCr 269.02Cr 263.15Cr 12TCr
Net Debt 4.59TCr 137.45Cr 120.52Cr 111.09Cr 104Cr 195.03Cr 13TCr 199.07Cr 1.34TCr 516.66Cr 6.41TCr 516.14Cr 504.87Cr 22TCr 4.75TCr 142.28Cr 124.75Cr 114.99Cr 107.65Cr 201.87Cr 13TCr 206.06Cr 1.38TCr 534.8Cr 6.63TCr 534.25Cr 522.59Cr 23TCr
Logo Thai Airways International
Thai Airways International Public Company Limited is a Thailand-based company, engaged in the operation of airline businesses and business units which related directly to transportation. The Company’s segments are Air transportation activities, Business units, and Other activities. The Air transportation activities segment consists of passenger, freight, and mail services. The business units segment is directly related to transportation activities, which include cargo and mail commercials, ground customer services, ground support equipment services, and catering services. The other activities segment is engaged in transportation supporting activities, which include flight management services, sale of duty-free goods, sale of souvenir products from the maintenance division, and the operation of subsidiaries. The Company has a network servicing approximately 61 destinations in 26 countries all over the world, whereas eight destinations are domestic (excluding Bangkok).
Employees
-
Date Price Change Volume
26/26/26 THB 6.100 0.00% 2,33,40,819
25/26/25 THB 6.100 -0.81% 4,85,64,142
24/26/24 THB 6.150 +1.65% 2,38,53,038
23/26/23 THB 6.050 -3.20% 6,87,79,391
22/26/22 THB 6.250 -1.57% 7,80,06,645
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
6.100THB
Average target price
7.789THB
Spread / Average Target
+27.69%

Quarterly revenue - Rate of surprise

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