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Asia Aviation Valuation Multiples
Discover revenue and EBITDA valuation multiples for Asia Aviation and similar public comparables like Croatia Airlines, Chorus Aviation, Pakistan International Airlines, Capital A and more.
Asia Aviation Overview
About Asia Aviation
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.
Founded
2006
HQ
Employees
5.2K
Website
Sectors
Financials (LTM)
EV
$2B
Asia Aviation Financials
Asia Aviation reported last 12-month revenue of $1B and EBITDA of $268M.
In the same LTM period, Asia Aviation generated $196M in gross profit, $268M in EBITDA, and $62M in net income.
Revenue (LTM)
Asia Aviation P&L
In the most recent fiscal year, Asia Aviation reported revenue of $1B and EBITDA of $322M.
Asia Aviation expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $196M | XXX | $179M | XXX | XXX | XXX |
| Gross Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| EBITDA | $268M | XXX | $322M | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 22% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $62M | XXX | $75M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 5% | XXX | XXX | XXX |
| Net Debt | — | — | $247M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Asia Aviation Stock Performance
Asia Aviation has current market cap of $442M, and enterprise value of $2B.
Market Cap Evolution
Asia Aviation's stock price is $0.03.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $442M | 0.1% | XXX | XXX | XXX | $0.01 |
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Start Free TrialAsia Aviation Valuation Multiples
Asia Aviation trades at 1.1x EV/Revenue multiple, and 6.2x EV/EBITDA.
EV / Revenue (LTM)
Asia Aviation Financial Valuation Multiples
As of April 16, 2026, Asia Aviation has market cap of $442M and EV of $2B.
Equity research analysts estimate Asia Aviation's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Asia Aviation has a P/E ratio of 7.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $442M | XXX | $442M | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 6.2x | XXX | 5.1x | XXX | XXX | XXX |
| EV/EBIT | 17.5x | XXX | 18.1x | XXX | XXX | XXX |
| EV/Gross Profit | 8.4x | XXX | 9.2x | XXX | XXX | XXX |
| P/E | 7.1x | XXX | 5.9x | XXX | XXX | XXX |
| EV/FCF | 15.8x | XXX | 5.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Asia Aviation Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Asia Aviation Margins & Growth Rates
Asia Aviation's revenue in the last 12 month grew by 4%.
Asia Aviation's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.
Asia Aviation's rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Asia Aviation's rule of X is 34% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Asia Aviation Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | (14%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 24% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 34% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 8% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Asia Aviation Public Comps
See public comps and valuation multiples for other Airlines comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Asia Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
| Croatia Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Chorus Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
| Pakistan International Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Capital A | XXX | XXX | XXX | XXX | XXX | XXX |
| Kenya Airways | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Asia Aviation M&A Activity
Asia Aviation acquired XXX companies to date.
Last acquisition by Asia Aviation was on XXXXXXXX, XXXXX. Asia Aviation acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Asia Aviation
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAsia Aviation Investment Activity
Asia Aviation invested in XXX companies to date.
Asia Aviation made its latest investment on XXXXXXXX, XXXXX. Asia Aviation invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Asia Aviation
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Asia Aviation
| When was Asia Aviation founded? | Asia Aviation was founded in 2006. |
| Where is Asia Aviation headquartered? | Asia Aviation is headquartered in Thailand. |
| How many employees does Asia Aviation have? | As of today, Asia Aviation has over 5K employees. |
| Who is the CEO of Asia Aviation? | Asia Aviation's CEO is Santisuk Klongchaiya. |
| Is Asia Aviation publicly listed? | Yes, Asia Aviation is a public company listed on Stock Exchange of Thailand. |
| What is the stock symbol of Asia Aviation? | Asia Aviation trades under AAV ticker. |
| When did Asia Aviation go public? | Asia Aviation went public in 2012. |
| Who are competitors of Asia Aviation? | Asia Aviation main competitors are Croatia Airlines, Chorus Aviation, Pakistan International Airlines, Capital A. |
| What is the current market cap of Asia Aviation? | Asia Aviation's current market cap is $442M. |
| What is the current revenue of Asia Aviation? | Asia Aviation's last 12 months revenue is $1B. |
| What is the current revenue growth of Asia Aviation? | Asia Aviation revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Asia Aviation? | Current revenue multiple of Asia Aviation is 1.1x. |
| Is Asia Aviation profitable? | Yes, Asia Aviation is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Asia Aviation? | Asia Aviation's last 12 months EBITDA is $268M. |
| What is Asia Aviation's EBITDA margin? | Asia Aviation's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of Asia Aviation? | Current EBITDA multiple of Asia Aviation is 6.2x. |
| What is the current FCF of Asia Aviation? | Asia Aviation's last 12 months FCF is $104M. |
| What is Asia Aviation's FCF margin? | Asia Aviation's last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of Asia Aviation? | Current FCF multiple of Asia Aviation is 15.8x. |
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