Airports Of ThailandAPTPF 89 Debt-to-Equity is 0.35 as of Mar. 2026, which is 3% below its 10-year median of 0.36. 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 907 Transportation companies, Airports Of Thailand ranks better than 62.73% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Airports Of Thailand's Debt-to-Equity or its related term are showing as below:
APTPF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.36 Max: 0.61
Current: 0.35
During the past 13 years, the highest Debt-to-Equity Ratio of Airports Of Thailand was 0.61. The lowest was 0.08. And the median was 0.36.
APTPF's Debt-to-Equity is ranked better than 62.73% of 907
companies
in the Transportation industry
Industry Median: 0.53
vs APTPF: 0.35
Airports Of Thailand (OTCPK:APTPF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Airports Of Thailand Debt-to-Equity Related Terms
Airports Of Thailand Debt-to-Equity Historical Data
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The historical data trend for Airports Of Thailand's Debt-to-Equity 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.
For the Airports & Air Services subindustry, Airports Of Thailand's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Airports Of Thailand's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Airports Of Thailand's Debt-to-Equity falls into.
* 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 (APTPF) has a Debt-to-Equity of 0.35 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Airports Of Thailand and its competitors. This is near median its historical median of 0.36. Over the past decade, Airports Of Thailand's Debt-to-Equity has ranged from 0.08 to 0.61. According to the industry distribution chart, Airports Of Thailand ranks #338 out of 907 companies in the Transportation industry, placing it in the top 37.3%.
Is Airports Of Thailand's Debt-to-Equity too high?
Airports Of Thailand's current Debt-to-Equity of 0.35 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.61. The Transportation industry median Debt-to-Equity is 0.53. Airports Of Thailand's value of 0.35 is 34% below this industry median. Based on the distribution chart, Airports Of Thailand ranks #338 out of 907 companies in the Transportation industry, which is above the industry midpoint. 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-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #338 out of 907 companies for Debt-to-Equity. This puts Airports Of Thailand in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Airports Of Thailand's value of 0.35 is 34% below this benchmark. Historically, Airports Of Thailand's own Debt-to-Equity has ranged from 0.08 to 0.61 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.53, 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-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports Of Thailand's current Debt-to-Equity of 0.35 is 34% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Airports Of Thailand and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Debt-to-Equity is 0.35, which is near median its own 10-year median of 0.36. 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-Equity is 0.35, which is near median its 10-year median of 0.36 and 34% below the Transportation industry median of 0.53. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Airports Of Thailand (APTPF), the current Debt-to-Equity is 0.35 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-Equity: 0.35 (near median its 10-year median of 0.36)
GF Value™: $1.33 vs. price of $1.73 (29.7% above fair value)
Industry Position: 34% below the Transportation median (#338 of 907)
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 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
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