Asia Aviation PCL (BKK:AAV) Pretax Margin %: 7.89% (As of Mar. 2026) — 1361% Above Median

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BKK:AAV Asia Aviation PCL BKK:AAV
65 GF Score
Price ฿1.07
GF Value ฿2.18
Valuation Possible Value Trap
! 6 Warning Signs
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What is Asia Aviation PCL Pretax Margin %?

Asia Aviation PCL BKK:AAV 65 Pretax Margin % is 7.89% as of Mar. 2026, which is 1361% above its 10-year median of 0.54. 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 1,000 Transportation companies, Asia Aviation PCL ranks worse than 59.7% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Asia Aviation PCL's Pre-Tax Income for the three months ended in Mar. 2026 was ฿1,068 Mil. Asia Aviation PCL's Revenue for the three months ended in Mar. 2026 was ฿13,530 Mil. Therefore, Asia Aviation PCL's pretax margin for the quarter that ended in Mar. 2026 was 7.89%.

The historical rank and industry rank for Asia Aviation PCL's Pretax Margin % or its related term are showing as below:

BKK:AAV' s Pretax Margin % Range Over the Past 10 Years
Min: -357.82   Med: 0.54   Max: 9.9
Current: 4.82


BKK:AAV's Pretax Margin % is ranked worse than
59.7% of 1000 companies
in the Transportation industry
Industry Median: 6.745 vs BKK:AAV: 4.82

Asia Aviation PCL  (BKK:AAV) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Asia Aviation PCL Pretax Margin % Related Terms


Asia Aviation PCL Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Asia Aviation PCL's Pretax Margin % 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.

Asia Aviation PCL Pretax Margin % Chart

Asia Aviation PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -357.82 -60.76 1.28 8.46 6.24

Asia Aviation PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 12.87 1.06 -11.46 15.76 7.89

BKK:AAV vs DAL, UAL, LUV: Pretax Margin % Comparison

For the Airlines subindustry, Asia Aviation PCL's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Asia Aviation PCL's Pretax Margin % falls into.


BKK:AAV
65GF Score
Asia Aviation PCL BKK:AAV
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Aviation PCL Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Asia Aviation PCL's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2851.189/45690.861
=6.24 %

Asia Aviation PCL's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1067.861/13529.846
=7.89 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 7.89% mean?
Asia Aviation PCL (BKK:AAV) has a Pretax Margin % of 7.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Asia Aviation PCL and its competitors. This is 1361% above median its historical median of 0.54. According to the industry distribution chart, Asia Aviation PCL ranks #597 out of 1000 companies in the Transportation industry, placing it in the top 59.7%.
Is Asia Aviation PCL's Pretax Margin % too high?
Asia Aviation PCL's current Pretax Margin % of 7.89% is 1361% above median its 10-year median of 0.54. The Transportation industry median Pretax Margin % is 6.75. Asia Aviation PCL's value of 7.89% is 17% above this industry median. Based on the distribution chart, Asia Aviation PCL ranks #597 out of 1000 companies in the Transportation industry, which is below the industry midpoint. 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 Pretax Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #597 out of 1000 companies for Pretax Margin %. This places Asia Aviation PCL in the lower half of its industry. The industry median Pretax Margin % is 6.75. Asia Aviation PCL's value of 7.89% is 17% above this benchmark. While the company's 10-year median is 0.54 vs. the industry median of 6.75, 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 Pretax Margin % for a Transportation company?
The median Pretax Margin % among Transportation companies is 6.75, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Aviation PCL's current Pretax Margin % of 7.89% is 17% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Asia Aviation PCL and its competitors. For the Transportation industry, the median Pretax Margin % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current Pretax Margin % is 7.89%, which is 1361% above median its own 10-year median of 0.54. 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 Pretax Margin % is 7.89%, which is 1361% above median its 10-year median of 0.54 and 17% above the Transportation industry median of 6.75. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Asia Aviation PCL (BKK:AAV), the current Pretax Margin % is 7.89% 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:

  • Pretax Margin %: 7.89% (1361% above median its 10-year median of 0.54)
  • GF Value™: ฿2.18 vs. price of ฿1.07 (50.9% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 17% above the Transportation median (#597 of 1000)

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.


Asia Aviation PCL Business Description

Other Exchanges 55AA:Germany
Address Vibhavadee 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

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

฿1.07
Price
฿2.18
GF Value