APTPF (Airports Of Thailand) Debt-to-EBITDA : 1.06 (As of Mar. 2026) — 25% Above Median


APTPF Airports Of Thailand PLC APTPF
89 GF Score
Price $1.73
GF Value $1.33
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Airports Of Thailand Debt-to-EBITDA?

Airports Of Thailand APTPF 89 Debt-to-EBITDA is 1.06 as of Mar. 2026, which is 25% above its 10-year median of 0.85. GuruFocus rates APTPF with a GF Score™ of 89/100 and a GF Value™ of $1.33 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 866 Transportation companies, Airports Of Thailand ranks better than 75.29% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Airports Of Thailand's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $190 Mil. Airports Of Thailand's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,209 Mil. Airports Of Thailand's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,326 Mil. Airports Of Thailand's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.06.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Airports Of Thailand's Debt-to-EBITDA or its related term are showing as below:

APTPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.75   Med: 0.85   Max: 2.67
Current: 1.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Airports Of Thailand was 2.67. The lowest was -30.75. And the median was 0.85.

APTPF's Debt-to-EBITDA is ranked better than
75.29% of 866 companies
in the Transportation industry
Industry Median: 2.64 vs APTPF: 1.22

Airports Of Thailand  (OTCPK:APTPF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Airports Of Thailand Debt-to-EBITDA Related Terms


Airports Of Thailand Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Airports Of Thailand's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Airports Of Thailand Debt-to-EBITDA Chart

Airports Of Thailand Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.49 -30.75 2.67 1.40 1.33

Airports Of Thailand Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 1.49 1.46 1.18 1.06

APTPF vs JOBY, CAAP: Debt-to-EBITDA Comparison

For the Airports & Air Services subindustry, Airports Of Thailand's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Airports Of Thailand Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Debt-to-EBITDA falls into.


APTPF
89GF Score
Airports Of Thailand PLC APTPF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airports Of Thailand Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Airports Of Thailand's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(215.633 + 1356.575) / 1185.661
=1.33

Airports Of Thailand's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(190.312 + 1209.011) / 1325.924
=1.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.06 mean?
Airports Of Thailand (APTPF) has a Debt-to-EBITDA of 1.06 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Airports Of Thailand. This is 25% above median its historical median of 0.85. According to the industry distribution chart, Airports Of Thailand ranks #214 out of 866 companies in the Transportation industry, placing it in the top 24.7%.
Is Airports Of Thailand's Debt-to-EBITDA too high?
Airports Of Thailand's current Debt-to-EBITDA of 1.06 is 25% above median its 10-year median of 0.85. The Transportation industry median Debt-to-EBITDA is 2.64. Airports Of Thailand's value of 1.06 is 59.8% below this industry median. Based on the distribution chart, Airports Of Thailand ranks #214 out of 866 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Airports Of Thailand has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Debt-to-EBITDA compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #214 out of 866 companies for Debt-to-EBITDA. This places Airports Of Thailand in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.64. Airports Of Thailand's value of 1.06 is 59.8% below this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 2.64, Airports Of Thailand has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports Of Thailand's current Debt-to-EBITDA of 1.06 is 59.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Airports Of Thailand. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Debt-to-EBITDA is 1.06, which is 25% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (APTPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.33, compared to a current price of $1.73 — trading 29.7% above its estimated fair value. The current Debt-to-EBITDA is 1.06, which is 25% above median its 10-year median of 0.85 and 59.8% below the Transportation industry median of 2.64. Airports Of Thailand's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Airports Of Thailand (APTPF), the current Debt-to-EBITDA is 1.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Airports Of Thailand (APTPF) Overvalued in 2026?

Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued. The current stock price of $1.73 is trading 29.7% above its estimated GF Value™ of $1.33. GuruFocus considers Airports Of Thailand to be Modestly Overvalued.

Key valuation signals for APTPF:

  • Debt-to-EBITDA: 1.06 (25% above median its 10-year median of 0.85)
  • GF Value™: $1.33 vs. price of $1.73 (29.7% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 59.8% below the Transportation median (#214 of 866)

No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airports Of Thailand Business Description

Address No. 333, Cherdwutagard Road, Sikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
89GF Score

Get the complete analysis for APTPF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.73
Price
$1.33
GF Value