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Asia Aviation PCLBKK:AAV 65 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates BKK:AAV with a GF Score™ of 65/100 and a GF Value™ of ฿2.18 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 563 Transportation companies, Asia Aviation PCL ranks worse than 177619.72% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Asia Aviation PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Asia Aviation PCL's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Asia Aviation PCL was 22.79. The lowest was 0.38. And the median was 0.60.
BKK:AAV's Dividend Payout Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.45 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asia Aviation PCL was 49.70% per year. The lowest was 49.70% per year. And the median was 49.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Asia Aviation PCL (BKK:AAV) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Asia Aviation PCL Dividend Payout Ratio Related Terms
Asia Aviation PCL Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Asia Aviation PCL's Dividend Payout Ratio 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: Dividend Payout Ratio Comparison
For the Airlines subindustry, Asia Aviation PCL's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Asia Aviation PCL's Dividend Payout Ratio falls into.
Asia Aviation PCL Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Asia Aviation PCL's Dividend Payout Ratio 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 Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Asia Aviation PCL and its competitors. Over the past decade, Asia Aviation PCL's Dividend Payout Ratio has ranged from 0.38 to 22.79. According to the industry distribution chart, Asia Aviation PCL ranks #999999 out of 563 companies in the Transportation industry.
Is Asia Aviation PCL's Dividend Payout Ratio too high?
Asia Aviation PCL's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 22.79. Based on the distribution chart, Asia Aviation PCL ranks #999999 out of 563 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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 Dividend Payout Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #999999 out of 563 companies for Dividend Payout Ratio. This places Asia Aviation PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. Historically, Asia Aviation PCL's own Dividend Payout Ratio has ranged from 0.38 to 22.79 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 563 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Asia Aviation PCL and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Asia Aviation PCL (BKK:AAV), the current Dividend Payout Ratio is 0.00 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 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:
Dividend Payout Ratio: 0.00
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
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