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Asia Aviation Public Company Limited (AAV-R.BK)
THB1.07
+0.00 (+0.00%)
TH SET Industrials Airlines, Airports & Air Services
Address
Central Office Building 10210
Bangkok, TH
Bangkok, TH
CEO
Phairat Pornpathananangoon
Website
aavplc.com
IPO
2024-12-24
ISIN TH3437010R19
Also trades on
Stock Exchange of Thailand · AAV-R.BK (THB)
Stock Exchange of Thailand · AAV.BK (THB)
Description
Asia Aviation Public Company Limited, founded in 2004 and headquartered in Bangkok, Thailand, delivers a comprehensive range of airline services across the country. Its operations are bifurcated into two primary divisions: Scheduled Flight Operations and Charter Flight Operations. The scheduled segment focuses on providing regular passenger air transportation to established routes, with booking options available through its website, sales offices, and travel agencies. Conversely, the charter segment specializes in offering bespoke passenger air travel to non-routine destinations, primarily catering to the requirements of tourist companies. Additionally, the company manages an academy dedicated to fostering learning and skill enhancement within the aviation, tourism, and hospitality industries.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
THB1.07
+0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
90M
Beta
0.28
Float Shares
4.06B
Free Float %
31.6%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.94% | +0.00% | -3.60% | -17.05% | -1.83% | -41.85% | -6.96% | -61.23% | -53.48% | -80.93% | -69.60% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
1.07
DCF (Unlevered)
23.83
+2,127.1%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Quality scores
Altman Z-Score
0.66
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Airlines, Airports & Air Services: +6.5%-7.6% Q1'26: +2.3% (vs Q1'25)
-
EPS growth Airlines, Airports & Air Services: +12.5%-33.3% Q1'26: -40.5% (vs Q1'25)
-
FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%+10.0% ★ Q1'26: +0.9% (vs Q1'25)
-
EBIT margin Airlines, Airports & Air Services: +10.3%+4.6% Q1'26: +8.8% (vs Q1'25)
-
ROIC Airlines, Airports & Air Services: +6.0%+2.2% Q1'26: +6.8% (vs Q1'25)
-
Share dilution Airlines, Airports & Air Services: +0.0%+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×9.85× Q1'26: 4.25× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 6 Rev. Ana. 1 EPS Ana. |
Dec 2027 8 Rev. Ana. 1 EPS Ana. |
Dec 2028 6 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
29.51B
est: 30.10B (-2.0%)
|
32.40B
est: 33.08B (-2.0%)
|
35.93B
est: 36.24B (-0.9%)
|
38.90B
est: 40.44B (-3.8%)
|
40.18B
est: 41.03B (-2.1%)
|
13.63B
est: 13.53B (+0.8%)
|
3.83B
est: 5.07B (-24.4%)
|
17.55B
est: 18.47B (-5.0%)
|
41.24B
est: 41.66B (-1.0%)
|
49.44B
est: 49.72B (-0.6%)
|
45.69B
est: 45.33B (+0.8%)
|
49.50B
46.69B – 52.79B
+9.2% YoY
|
50.96B
45.09B – 62.86B
+2.9% YoY
|
52.23B
47.68B – 60.24B
+2.5% YoY
|
| EBITDA |
3.90B
est: -5.04B (+177.4%)
|
4.99B
est: -5.53B (+190.1%)
|
4.43B
est: -6.06B (+173.1%)
|
2.33B
est: -6.77B (+134.4%)
|
1.62B
est: -6.87B (+123.5%)
|
-1.17B
est: -2.26B (+48.2%)
|
-6.54B
est: -847.84M (-670.9%)
|
-2.44B
est: -3.09B (+21.1%)
|
7.80B
est: -6.97B (+211.9%)
|
10.70B
est: -5.78B (+285.2%)
|
6.96B
est: -5.27B (+232.2%)
|
-5.75B
-6.13B – -5.43B
-9.2% YoY
|
-5.92B
-7.30B – -5.24B
-2.9% YoY
|
-6.07B
-7.00B – -5.54B
-2.5% YoY
|
| EBIT |
2.57B
est: -11.17B (+123.0%)
|
3.73B
est: -12.27B (+130.4%)
|
2.98B
est: -13.45B (+122.2%)
|
660.14M
est: -15.00B (+104.4%)
|
-102.68M
est: -15.22B (+99.3%)
|
-7.72B
est: -5.02B (-53.9%)
|
-11.97B
est: -1.88B (-536.5%)
|
-8.55B
est: -6.85B (-24.8%)
|
2.82B
est: -15.46B (+118.2%)
|
6.60B
est: -12.32B (+153.6%)
|
2.09B
est: -11.23B (+118.6%)
|
-12.27B
-13.08B – -11.57B
-9.2% YoY
|
-12.63B
-15.58B – -11.17B
-2.9% YoY
|
-12.94B
-14.93B – -11.81B
-2.5% YoY
|
| Net Income |
1.08B
est: 3.66B (-70.5%)
|
1.87B
est: 5.41B (-65.4%)
|
1.48B
est: 3.72B (-60.3%)
|
69.97M
est: 1.37B (-94.9%)
|
-866.16M
est: 7.58M (-11,524.7%)
|
-8.67B
est: -10.93B (+20.7%)
|
-11.96B
est: -14.72B (+18.7%)
|
-8.21B
est: -7.60B (-8.0%)
|
465.82M
est: -742.43M (+162.7%)
|
3.48B
est: 3.21B (+8.3%)
|
2.34B
est: 1.47B (+58.4%)
|
847.53M
751.52M – 1.02B
-42.5% YoY
|
1.01B
895.17M – 1.21B
+19.1% YoY
|
1.27B
1.12B – 1.52B
+25.5% YoY
|
| SGA |
2.38B
est: 4.10B (-42.0%)
|
2.64B
est: 4.50B (-41.4%)
|
2.95B
est: 4.93B (-40.2%)
|
3.12B
est: 5.50B (-43.4%)
|
3.29B
est: 5.58B (-41.0%)
|
1.85B
est: 1.84B (+0.5%)
|
1.24B
est: 689.59M (+79.2%)
|
1.71B
est: 2.51B (-31.9%)
|
2.97B
est: 5.67B (-47.7%)
|
3.19B
est: 6.33B (-49.6%)
|
3.65B
est: 5.77B (-36.8%)
|
6.30B
5.94B – 6.72B
+9.2% YoY
|
6.49B
5.74B – 8.00B
+2.9% YoY
|
6.65B
6.07B – 7.67B
+2.5% YoY
|
| EPS |
0.21
est: 0.28 (-26.3%)
|
0.37
est: 0.42 (-12.1%)
|
0.29
est: 0.29 (+0.1%)
|
0.01
est: 0.11 (-86.5%)
|
-0.17
est: 0.00 (-28,913.6%)
|
-1.70
est: -0.85 (-99.9%)
|
-2.34
est: -1.15 (-104.3%)
|
-0.71
est: -0.59 (-20.0%)
|
0.04
est: -0.06 (+165.6%)
|
0.27
est: 0.25 (+8.0%)
|
0.18
est: 0.11 (+56.8%)
|
0.07
0.06 – 0.08
-42.5% YoY
|
0.08
0.07 – 0.09
+19.1% YoY
|
0.10
0.09 – 0.12
+25.5% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-21 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-20 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-19 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-18 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-15 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-14 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-13 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-12 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-11 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-08 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-07 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-06 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-05 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-30 | B+ | 3/5 | 1/5 | 5/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-29 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-28 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-27 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-24 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-23 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-22 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-21 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-20 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-17 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-16 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
4.89B
OE per share TTM
0.38
Owner's Yield
35.56%
Maintenance CapEx ratio
1.16%
Maint CapEx / Avg PPE
100.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 6 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 24.1K | 0.42% |
| 2 | Avantis Emerging Markets ex-China Equity ETF AVXC | 0.00% | 8.2K | 0.33% |
| 3 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 61.3K | 0.39% |
| 4 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.00% | 2.0K | 0.56% |
| 5 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 54.3K | 0.29% |
| 6 | Avantis Emerging Markets Equity ETF AVEM | 0.00% | 47.7K | 0.33% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
421.9K
Shares Outstanding
12.85B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Duangporn Tantiwiwat | Head of Internal Audit | — | female |
| Nisres Distes | Company Secretary & Compliance Officer | — | female |
| Phairat Pornpathananangoon | CEO & Director | — | male |
| Tassapon Bijleveld | Executive Director | — | male |
| Thanit Thanathanmanont | Chief Financial Officer & Director | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for AAV-R.BK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
