Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Thai Airways International Public Company Limited, along with its affiliated entities, operates in the aviation industry. Its diverse operations are structured into three main divisions. The 'Air Transportation Activities' segment focuses on its core business, providing passenger transport, cargo delivery, and mail services. The 'Business Units' segment extends to commercial cargo and postal handling, comprehensive ground services for clients, ground support equipment operations, and culinary catering. Lastly, the 'Other Activities' segment includes various ancillary services, such as flight management, retail sales of duty-free items and souvenirs, aviation education, tourism ventures, specialized staffing, and IT solutions designed for the travel industry. The company was founded in 1959 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBIT