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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Asia Aviation PCL's Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿4,764 Mil. Therefore, Asia Aviation PCL's EV-to-EBIT ratio for today is 11.31.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Asia Aviation PCL's Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿9,814 Mil. Therefore, Asia Aviation PCL's EV-to-EBITDA ratio for today is 5.49.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Asia Aviation PCL's Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿45,996 Mil. Therefore, Asia Aviation PCL's EV-to-Revenue ratio for today is 1.17.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Asia Aviation PCL (BKK:AAV) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿4,764 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿9,814 Mil.
Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿45,996 Mil.
Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿8,789 Mil.
Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil.
Asia Aviation PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿8,052 Mil.
* 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 Enterprise Value Related Terms
Asia Aviation PCL Enterprise Value Historical Data
* Premium members only.
The historical data trend for Asia Aviation PCL's Enterprise Value 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.
BKK:AAV vs DAL, UAL, LUV: Enterprise Value Comparison
For the Airlines subindustry, Asia Aviation PCL's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Asia Aviation PCL's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Asia Aviation PCL's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (BKK:AAV) has a Enterprise Value of ฿53,889 Mil as of Jul. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asia Aviation PCL and its competitors.
Is Asia Aviation PCL's Enterprise Value too high?
Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's Enterprise Value compare to DAL and UAL?
Asia Aviation PCL's Enterprise Value of ฿53,889 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Transportation company?
A good Enterprise Value depends on the Transportation industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Asia Aviation PCL and its competitors. Asia Aviation PCL's current Enterprise Value is ฿53,889 Mil. 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?
Based on GuruFocus' analysis, Asia Aviation PCL (BKK:AAV) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.18, compared to a current price of ฿1.07 — trading 50.9% below its estimated fair value. The current Enterprise Value is ฿53,889 Mil. Asia Aviation PCL's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Asia Aviation PCL (BKK:AAV), the current Enterprise Value is ฿53,889 Mil as of Jul. 17, 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 (BKK:AAV) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued.
The current stock price of ฿1.07 is trading 50.9% below its estimated GF Value™ of ฿2.18.
GuruFocus considers Asia Aviation PCL to be Possible Value Trap.
Key valuation signals for BKK:AAV:
Enterprise Value: ฿53,889 Mil
GF Value™: ฿2.18 vs. price of ฿1.07 (50.9% below fair value)
No single metric tells the full story. See the BKK:AAV 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.
65GF Score
Get the complete analysis for BKK:AAV
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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