As of 2025-08-29, the Intrinsic Value of Airports of Thailand PCL (AOT.BK) is 20.45 THB. This AOT.BK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 36.75 THB, the upside of Airports of Thailand PCL is -44.40%.
The range of the Intrinsic Value is 12.14 - 52.68 THB
Based on its market price of 36.75 THB and our intrinsic valuation, Airports of Thailand PCL (AOT.BK) is overvalued by 44.40%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 12.14 - 52.68 | 20.45 | -44.4% |
| DCF (Growth 10y) | 26.62 - 108.18 | 43.40 | 18.1% |
| DCF (EBITDA 5y) | 37.90 - 62.37 | 50.10 | 36.3% |
| DCF (EBITDA 10y) | 50.44 - 90.54 | 69.21 | 88.3% |
| Fair Value | 6.73 - 6.73 | 6.73 | -81.68% |
| P/E | 29.97 - 33.85 | 31.70 | -13.7% |
| EV/EBITDA | 25.18 - 37.77 | 33.36 | -9.2% |
| EPV | 9.07 - 14.08 | 11.57 | -68.5% |
| DDM - Stable | 12.92 - 58.37 | 35.65 | -3.0% |
| DDM - Multi | 21.86 - 72.86 | 33.19 | -9.7% |
| Market Cap (mil) | 524,999.50 |
| Beta | 1.43 |
| Outstanding shares (mil) | 14,285.70 |
| Enterprise Value (mil) | 558,202.50 |
| Market risk premium | 7.44% |
| Cost of Equity | 8.68% |
| Cost of Debt | 4.25% |
| WACC | 8.20% |