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Asia Aviation PCLFRA:55AA 63 Debt-to-Equity is 3.79 as of Jun. 2026, which is 25% above its 10-year median of 3.03. GuruFocus rates FRA:55AA with a GF Score™ of 63/100 and a GF Value™ of €0.05. The stock has 4 warning signs investors should review. Among 920 Transportation companies, Asia Aviation PCL ranks worse than 95.54% 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 Asia Aviation PCL's Debt-to-Equity or its related term are showing as below:
FRA:55AA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 3.03 Max: 10.46
Current: 3.79
During the past 13 years, the highest Debt-to-Equity Ratio of Asia Aviation PCL was 10.46. The lowest was 0.59. And the median was 3.03.
FRA:55AA's Debt-to-Equity is ranked worse than 95.54% of 920
companies
in the Transportation industry
Industry Median: 0.54
vs FRA:55AA: 3.79
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.
Asia Aviation PCL Debt-to-Equity Related Terms
Asia Aviation PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Asia Aviation PCL'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.
FRA:55AA vs DAL, UAL, LUV: Debt-to-Equity Comparison
For the Airlines subindustry, Asia Aviation PCL'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.
Asia Aviation PCL Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Asia Aviation PCL'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.
Asia Aviation PCL (FRA:55AA) has a Debt-to-Equity of 3.79 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asia Aviation PCL and its competitors. This is 25% above median its historical median of 3.03. Over the past decade, Asia Aviation PCL's Debt-to-Equity has ranged from 0.59 to 10.46. According to the industry distribution chart, Asia Aviation PCL ranks #879 out of 920 companies in the Transportation industry, placing it in the top 95.5%.
Is Asia Aviation PCL's Debt-to-Equity too high?
Asia Aviation PCL's current Debt-to-Equity of 3.79 is 25% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 10.46. The Transportation industry median Debt-to-Equity is 0.54. Asia Aviation PCL's value of 3.79 is 601.9% above this industry median. Based on the distribution chart, Asia Aviation PCL ranks #879 out of 920 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Asia Aviation PCL has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #879 out of 920 companies for Debt-to-Equity. This places Asia Aviation PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Asia Aviation PCL's value of 3.79 is 601.9% above this benchmark. Historically, Asia Aviation PCL's own Debt-to-Equity has ranged from 0.59 to 10.46 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 0.54, Asia Aviation PCL has consistently been above 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 0.54, based on 920 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. Asia Aviation PCL's current Debt-to-Equity of 3.79 is 601.9% above 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 Asia Aviation PCL and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current Debt-to-Equity is 3.79, which is 25% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Asia Aviation PCL (FRA:55AA) has a current Debt-to-Equity of 3.79. The stock's GF Value™ is €0.05, compared to a current price of €0.02 — trading 53% below its estimated fair value. The current Debt-to-Equity is 3.79, which is 25% above median its 10-year median of 3.03 and 601.9% above the Transportation industry median of 0.54. Asia Aviation PCL's overall GF Score™ is 63/100 with 4 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 Asia Aviation PCL (FRA:55AA), the current Debt-to-Equity is 3.79 as of Jun. 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 Asia Aviation PCL (FRA:55AA) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued.
The current stock price of €0.02 is trading 53% below its estimated GF Value™ of €0.05.
Key valuation signals for FRA:55AA:
Debt-to-Equity: 3.79 (25% above median its 10-year median of 3.03)
GF Value™: €0.05 vs. price of €0.02 (53% below fair value)
Industry Position: 601.9% above the Transportation median (#879 of 920)
No single metric tells the full story. See the FRA:55AA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressVibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
63GF Score
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