Risk factor
Good trading liquidity
Profitability factor
Strong margins and returns
About
Airports of Thailand Public Company Limited (AOT), encompassing its subsidiary entities, specializes in the development, comprehensive management, and operation of international airports across Thailand. The company's operations are diversified into key segments such as airport management, hospitality (including hotels and restaurants), ground aviation services, security provisions, and a specific project focused on perishable goods. AOT is responsible for six prominent international airports: Suvarnabhumi, Don Mueang, Chiang Mai, Hat Yai, Phuket, and Mae Fah Luang Chiang Rai. Beyond its core airport functions, it also offers ground equipment services and rentals. Established in 1903, AOT's corporate headquarters are situated in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB