Thai Airways International PCL (FRA:THAF) OCF Yield %: 21.24 (As of Jun. 27, 2026) — 65% Below Median


FRA:THAF Thai Airways International PCL FRA:THAF
44 GF Score
Price €0.16
GF Value €0.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Thai Airways International PCL OCF Yield %?

Thai Airways International PCL FRA:THAF 44 OCF Yield % is 21.24 as of Jun. 27, 2026, which is 65% below its 10-year median of 60.42. GuruFocus rates FRA:THAF with a GF Score™ of 44/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,012 Transportation companies, Thai Airways International PCL ranks better than 72.53% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Thai Airways International PCL's Trailing 12-Month Cash Flow from Operations is €1,022 Mil, and Market Cap is €4,551 Mil. Therefore, Thai Airways International PCL's OCF Yield % for today is 21.24%.

The historical rank and industry rank for Thai Airways International PCL's OCF Yield % or its related term are showing as below:

FRA:THAF' s OCF Yield % Range Over the Past 10 Years
Min: -256.03   Med: 60.42   Max: 725.66
Current: 21.24


During the past 13 years, the highest OCF Yield % of Thai Airways International PCL was 725.66%. The lowest was -256.03%. And the median was 60.42%.

FRA:THAF's OCF Yield % is ranked better than
72.53% of 1012 companies
in the Transportation industry
Industry Median: 11.995 vs FRA:THAF: 21.24

Thai Airways International PCL's OCF Margin % for the quarter that ended in Mar. 2026 was %.


Thai Airways International PCL OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Thai Airways International PCL OCF Yield % Related Terms


Thai Airways International PCL OCF Yield % Historical Data

* Premium members only.

The historical data trend for Thai Airways International PCL's OCF Yield % 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.

Thai Airways International PCL OCF Yield % Chart

Thai Airways International PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 21.68

Thai Airways International PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Yield % 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 52.63 46.89 0.38 17.70 35.84

FRA:THAF vs DAL, UAL, LUV: OCF Yield % Comparison

For the Airlines subindustry, Thai Airways International PCL's OCF Yield %, along with its competitors' market caps and OCF Yield % 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.


Thai Airways International PCL OCF Yield % vs Transportation Industry

For the Transportation industry and Industrials sector, Thai Airways International PCL's OCF Yield % distribution charts can be found below:

* The bar in red indicates where Thai Airways International PCL's OCF Yield % falls into.


FRA:THAF
44GF Score
Thai Airways International PCL FRA:THAF
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Airways International PCL OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

Thai Airways International PCL's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=1092.128 / 5037.985976
=21.68%

Thai Airways International PCL's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=385.416 * 4 / 4302.100384
=35.84%

* 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.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 21.24 mean?
Thai Airways International PCL (FRA:THAF) has a OCF Yield % of 21.24 as of Jun. 27, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Thai Airways International PCL and its competitors. This is 65% below median its historical median of 60.42. According to the industry distribution chart, Thai Airways International PCL ranks #278 out of 1012 companies in the Transportation industry, placing it in the top 27.5%.
Is Thai Airways International PCL's OCF Yield % too high?
Thai Airways International PCL's current OCF Yield % of 21.24 is 65% below median its 10-year median of 60.42. The Transportation industry median OCF Yield % is 12.00. Thai Airways International PCL's value of 21.24 is 77.1% above this industry median. Based on the distribution chart, Thai Airways International PCL ranks #278 out of 1012 companies in the Transportation industry, which is above the industry midpoint. Overall, Thai Airways International PCL has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's OCF Yield % compare to DAL and UAL?
According to the Transportation industry distribution chart, Thai Airways International PCL ranks #278 out of 1012 companies for OCF Yield %. This puts Thai Airways International PCL in the upper half of its industry. The industry median OCF Yield % is 12.00. Thai Airways International PCL's value of 21.24 is 77.1% above this benchmark. While the company's 10-year median is 60.42 vs. the industry median of 12.00, Thai Airways International 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 OCF Yield % for a Transportation company?
The median OCF Yield % among Transportation companies is 12.00, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Airways International PCL's current OCF Yield % of 21.24 is 77.1% 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Thai Airways International PCL and its competitors. For the Transportation industry, the median OCF Yield % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Airways International PCL's current OCF Yield % is 21.24, which is 65% below median its own 10-year median of 60.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Airways International PCL (FRA:THAF) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.16 — trading 1500% above its estimated fair value. The current OCF Yield % is 21.24, which is 65% below median its 10-year median of 60.42 and 77.1% above the Transportation industry median of 12.00. Thai Airways International PCL's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Thai Airways International PCL (FRA:THAF), the current OCF Yield % is 21.24 as of Jun. 27, 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 Thai Airways International PCL (FRA:THAF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued. The current stock price of €0.16 is trading 1500% above its estimated GF Value™ of €0.01. GuruFocus considers Thai Airways International PCL to be Significantly Overvalued.

Key valuation signals for FRA:THAF:

  • OCF Yield %: 21.24 (65% below median its 10-year median of 60.42)
  • GF Value™: €0.01 vs. price of €0.16 (1500% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 77.1% above the Transportation median (#278 of 1012)

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


Thai Airways International PCL Business Description

Other Exchanges TAWNF:USATHAI:Thailand
Address 89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
44GF Score

Get the complete analysis for FRA:THAF

OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.16
Price
€0.01
GF Value