As of 2025-07-18, the Intrinsic Value of Bangkok Airways PCL (BA.BK) is 27.68 THB. This BA.BK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 15.00 THB, the upside of Bangkok Airways PCL is 84.50%.
The range of the Intrinsic Value is 22.02 - 37.12 THB
Based on its market price of 15.00 THB and our intrinsic valuation, Bangkok Airways PCL (BA.BK) is undervalued by 84.50%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 22.02 - 37.12 | 27.68 | 84.5% |
| DCF (Growth 10y) | 24.95 - 41.02 | 31.00 | 106.7% |
| DCF (EBITDA 5y) | 16.80 - 19.67 | 18.30 | 22.0% |
| DCF (EBITDA 10y) | 21.71 - 26.59 | 24.08 | 60.5% |
| Fair Value | 20.71 - 20.71 | 20.71 | 38.05% |
| P/E | 10.39 - 14.40 | 12.44 | -17.1% |
| EV/EBITDA | 10.50 - 14.02 | 12.76 | -14.9% |
| EPV | 5.87 - 9.41 | 7.64 | -49.1% |
| DDM - Stable | 11.19 - 24.31 | 17.75 | 18.3% |
| DDM - Multi | 18.71 - 30.94 | 23.26 | 55.0% |
| Market Cap (mil) | 31,500.00 |
| Beta | -6.04 |
| Outstanding shares (mil) | 2,100.00 |
| Enterprise Value (mil) | 31,500.00 |
| Market risk premium | 7.44% |
| Cost of Equity | 9.01% |
| Cost of Debt | 7.51% |
| WACC | 8.29% |