Stock AAV ASIA AVIATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Asia Aviation

Equities

AAV

TH3437010004

Airlines

End-of-day quote Thailand S.E.
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
2.28 THB 0.00% Intraday chart for Asia Aviation +3.64% +14.57%
Feb. 23 Transcript : Asia Aviation Public Company Limited, 2023 Earnings Call, Feb 23, 2024
Feb. 22 Asia Aviation Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,864 11,446 25,092 37,223 25,571 29,298 - -
Enterprise Value (EV) 1 28,862 72,070 64,871 80,180 67,349 48,656 30,360 21,501
P/E ratio -22.9 x -2.4 x -1.98 x -4.42 x 52.5 x 15.4 x 12.8 x 8.94 x
Yield - - - - - 1.32% 2.85% 3.51%
Capitalization / Revenue 0.27 x 0.84 x 6.55 x 2.12 x 0.62 x 0.59 x 0.57 x 0.52 x
EV / Revenue 0.72 x 5.29 x 16.9 x 4.57 x 1.63 x 0.98 x 0.59 x 0.38 x
EV / EBITDA 22.8 x -39.8 x -8.44 x -88.9 x 10.4 x 5.31 x 3.03 x 1.94 x
EV / FCF -34 x -32.3 x -14.6 x -2,473 x 11.3 x 13.2 x 5.52 x 3.09 x
FCF Yield -2.95% -3.09% -6.85% -0.04% 8.82% 7.6% 18.1% 32.4%
Price to Book 0.54 x 0.8 x 1.24 x 4.68 x 2.91 x 3.14 x 2.41 x 1.91 x
Nbr of stocks (in thousands) 4,850,000 4,850,000 9,878,571 12,164,286 12,850,000 12,850,000 - -
Reference price 2 2.240 2.360 2.540 3.060 1.990 2.280 2.280 2.280
Announcement Date 2/25/20 2/24/21 2/24/22 2/24/23 2/22/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 40,181 13,634 3,828 17,553 41,241 49,792 51,794 55,888
EBITDA 1 1,266 -1,812 -7,685 -901.6 6,456 9,171 10,018 11,065
EBIT 1 -450.5 -7,551 -11,851 -8,476 1,463 4,466 5,111 6,147
Operating Margin -1.12% -55.38% -309.54% -48.29% 3.55% 8.97% 9.87% 11%
Earnings before Tax (EBT) 1 -865.6 -9,327 -13,699 -10,666 526.6 2,057 2,399 3,373
Net income 1 -474 -4,764 -6,647 -8,030 465.8 1,820 2,198 3,390
Net margin -1.18% -34.94% -173.63% -45.75% 1.13% 3.66% 4.24% 6.06%
EPS 2 -0.0977 -0.9823 -1.283 -0.6921 0.0379 0.1480 0.1775 0.2550
Free Cash Flow 1 -850 -2,230 -4,447 -32.42 5,937 3,697 5,499 6,962
FCF margin -2.12% -16.35% -116.15% -0.18% 14.4% 7.43% 10.62% 12.46%
FCF Conversion (EBITDA) - - - - 91.97% 40.32% 54.89% 62.92%
FCF Conversion (Net income) - - - - 1,274.63% 203.15% 250.18% 205.4%
Dividend per Share 2 - - - - - 0.0300 0.0650 0.0800
Announcement Date 2/25/20 2/24/21 2/24/22 2/24/23 2/22/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales - - - - - - - - - 9,662 12,457 - -
EBITDA - - - - - -597.9 2,044 2,294 - 249.4 2,797 - -
EBIT 1 - - - - - -2,139 4,281 986.8 -761.9 -642 1,491 1,831 -
Operating Margin - - - - - - - - - -6.64% 11.97% - -
Earnings before Tax (EBT) - - - - - - - 499.8 -1,301 -2,124 3,452 - -
Net income 1 -2,098 -5,655 -2,371 -4,724 -7,094 -4,050 3,114 359.4 -1,013 -1,695 2,814 782 511
Net margin - - - - - - - - - -17.54% 22.59% - -
EPS - -0.1200 - -0.4067 -0.6205 - 0.2740 0.0280 -0.0832 -0.1393 0.2309 - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 11/12/21 2/24/22 5/17/22 8/11/22 8/11/22 11/14/22 2/24/23 5/12/23 8/11/23 11/13/23 2/22/24 - -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,998 60,624 39,780 42,957 41,777 19,359 1,062 -
Net Cash position 1 - - - - - - - 7,797
Leverage (Debt/EBITDA) 14.21 x -33.46 x -5.177 x -47.65 x 6.471 x 2.111 x 0.106 x -
Free Cash Flow 1 -850 -2,230 -4,447 -32.4 5,937 3,697 5,499 6,962
ROE (net income / shareholders' equity) -2.35% -27.9% -51.6% -57% 5.69% 19.9% 20.3% 24.3%
ROA (Net income/ Total Assets) -0.76% -7.28% -9.55% -11.8% 0.7% 3.45% 3.77% 4.67%
Assets 1 62,327 65,441 69,593 67,947 66,243 52,754 58,359 72,632
Book Value Per Share 2 4.110 2.940 2.040 0.6500 0.6800 0.7300 0.9500 1.200
Cash Flow per Share 2 0.2000 -0.1900 -0.8400 0.0500 0.5100 0.5400 0.5500 0.5600
Capex 1 1,816 1,332 99.6 596 - 7,217 5,528 5,534
Capex / Sales 4.52% 9.77% 2.6% 3.4% - 14.49% 10.67% 9.9%
Announcement Date 2/25/20 2/24/21 2/24/22 2/24/23 2/22/24 - - -
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Asia Aviation

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
2.28 THB
Average target price
2.737 THB
Spread / Average Target
+20.03%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Airlines

1st Jan change Capi.
ASIA AVIATION Stock Asia Aviation
+14.57% 791M
DELTA AIR LINES, INC. Stock Delta Air Lines, Inc.
+24.09% 32.21B
RYANAIR HOLDINGS PLC Stock Ryanair Holdings plc
+6.68% 24.77B
SINGAPORE AIRLINES LIMITED Stock Singapore Airlines Limited
-0.61% 19.86B
INTERGLOBE AVIATION LIMITED Stock InterGlobe Aviation Limited
+31.04% 18.21B
UNITED AIRLINES HOLDINGS, INC. Stock United Airlines Holdings, Inc.
+28.07% 17.37B
AIR CHINA LIMITED Stock Air China Limited
-20.04% 14.84B
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI Stock Türk Hava Yollari Anonim Ortakligi
+38.67% 13.47B
CHINA SOUTHERN AIRLINES COMPANY LIMITED Stock China Southern Airlines Company Limited
-14.20% 12.32B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Stock International Consolidated Airlines Group, S.A.
+13.74% 10.8B
Other Airlines
  1. Stock Market
  2. Equities
  3. AAV Stock
  4. Financials Asia Aviation