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Airports of Thailand Public Company Limited AOT.BK

TH · Stock Exchange of Thailand · XBKK · stock · Industrials · website

Airports of Thailand Public Company Limited statistics & valuation

Market cap฿928.6B
P / E51.2×
P / S13.9×
P / B7.1×
P / FCF46.9×
Dividend yield1.29%
Net margin27.2%
Return on equity13.8%
FCF margin29.7%
Net debt฿30.9B
Enterprise value USD$29.0B
Earnings yield EBIT/EV2.6%
Return on capital13.7%
Graham number -75.1%฿16.18

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (฿16.18); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-67.00% 18.30% 28.60% 27.20% 2022202320242025
Gross margin (%)
-17.70% 52.10% 58.00% 55.20% 2022202320242025
Operating margin (%)
-67.10% 30.30% 41.00% 38.10% 2022202320242025
Return on equity (%)
-10.90% 8.00% 15.40% 13.80% 2022202320242025
Shares outstanding
14.29B 14.29B 14.29B 14.29B 2022202320242025
Net debt (฿)
฿57.76B ฿55.38B ฿35.74B ฿30.85B 2022202320242025
Share buybacks (฿)
2022202320242025
Return on assets (%)
-6.00% 4.50% 9.30% 8.60% 2022202320242025
Free cash flow margin (%)
-58.80% 10.90% 41.70% 29.70% 2022202320242025
Debt / equity (×)
0.61× 0.56× 0.44× 0.38× 2022202320242025
EPS (฿)
-฿0.78 ฿0.62 ฿1.34 ฿1.27 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin55.2%58.0%52.1%-17.7%
Operating margin38.1%41.0%30.3%-67.1%
Net margin27.2%28.6%18.3%-67.0%
FCF margin29.7%41.7%10.9%-58.8%
Return on assets8.6%9.3%4.5%-6.0%
Return on equity13.8%15.4%8.0%-10.9%
Debt / equity0.00×0.01×0.01×0.03×
Current ratio1.521.290.820.58

Computed from company filings · TH · as of 2025-09-30. Figures in THB. Facts plus Stocktoria's own computed scores — not investment advice.