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BA-R.BK$15.60+0.00%
Fair $15.60+0.0%

BA-R.BK

Bangkok Airways Public Company Limited

Industrials / AirlinesThailand

$15.60

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $15.60Fund rank 34/100 · Data gapFallback financials|
SA 38/D
F-Score: 6/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $5.0B · quality 63.0/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 83/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

38/100

D

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · BA-R.BKLocal privado en este navegador · Bangkok Airways Public Company Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$32.4B

P/E

8.2x

↓

EV/EBITDA

6.4x

↓

ROE

26.8%

↑

Gross Margin

29.0%

↑

Debt/Equity

1.94

↑
52-Week Range$16
$12$19

TradingView lightweight chart

BA-R.BK price, volumen y niveles de valoración

Último $13.13Periodo -35.0%
Fair value: $15.60

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+28.7%

FCF CAGR

+53.0%

FCF margin

20.0%

FCF / Net income

1.36x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $24.10B · net income $3.55B · FCF $4.83B

2022-FY → 2025-FY

Gross margin

29.0%+31.0% pts

Operating margin

20.8%+33.3% pts

Net margin

14.7%+33.4% pts

FCF margin

20.0%+8.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$24.10B$24.10B$24.00B$19.68B$11.30B
Net Income$3.55B$3.55B$3.79B$3.11B$-2.11B
EBITDA$7.62B$7.62B$7.90B$5.42B$1.78B
EPS1.691.691.801.48-1.01
Gross Margin29.0%29.0%27.9%20.6%-1.9%
Operating Margin20.8%20.8%20.5%12.2%-12.4%
Net Margin14.7%14.7%15.8%15.8%-18.7%
Balance Sheet
Debt/Equity1.941.941.741.721.98
Current Ratio1.131.13———
Cash Flow
Free Cash Flow$4.83B$4.83B$5.33B$5.01B$1.35B
Returns
ROE26.8%26.8%23.8%18.3%-12.5%
Valuation
P/E8.218.2112.549.73—
EV/EBITDA6.406.408.488.5632.64
P/B2.472.472.981.781.69
Growth & Yield
Revenue Growth0.4%0.4%21.9%74.1%—
EPS Growth-6.1%-6.1%21.6%246.5%—
Dividend Yield10.7%10.7%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-6.4%

fácil

EPS terminal req.

$1.38

Spread vs growth

0.3%

5Y implied EPS CAGR

-0.2%

fácil

EPS terminal req.

$1.67

Spread vs growth

-5.9%

10Y implied EPS CAGR

4.8%

fácil

EPS terminal req.

$2.70

Spread vs growth

-10.9%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -20.0%

Total return

-20.0%

Start / end P/E

10.5x → 7.8x

EPS bridge

1.80 → 1.69

Residual

+1.6%

EPS growth-6.1%
Multiple rerating-26.2%
Dividend+10.7%
Residual / FX / buybacks / cross-term+1.6%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.