Thai Airways International Public Company Limited
Thai Airways International Public Company Limited Fundamental Analysis
Thai Airways International Public Company Limited (TAWNF) shows strong financial fundamentals with a PE ratio of 5.46, profit margin of 16.85%, and ROE of 45.70%. The company generates $195.4B in annual revenue with strong year-over-year growth of 18.93%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 62.3/100 based on profitability, valuation, growth, and balance sheet metrics. The C+ grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze TAWNF's fundamental strength across five key dimensions:
Efficiency Score
WeakTAWNF struggles to generate sufficient returns from assets.
Valuation Score
ExcellentTAWNF trades at attractive valuation levels.
Growth Score
ModerateTAWNF shows steady but slowing expansion.
Financial Health Score
ModerateTAWNF shows balanced financial health with some risks.
Profitability Score
ExcellentTAWNF achieves industry-leading margins.
Key Financial Metrics
Is TAWNF Expensive or Cheap?
P/E Ratio
TAWNF trades at 5.46 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, TAWNF's PEG of 0.00 indicates potential undervaluation.
Price to Book
The market values Thai Airways International Public Company Limited at 2.23 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 1.55 times EBITDA. This is generally considered low.
How Well Does TAWNF Make Money?
Net Profit Margin
For every $100 in sales, Thai Airways International Public Company Limited keeps $16.85 as profit after all expenses.
Operating Margin
Core operations generate 24.03 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $45.70 in profit for every $100 of shareholder equity.
ROA
Thai Airways International Public Company Limited generates $9.60 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Thai Airways International Public Company Limited produces operating cash flow of $44.44B, showing steady but balanced cash generation.
Free Cash Flow
Thai Airways International Public Company Limited generates strong free cash flow of $30.10B, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.00 in free cash annually.
FCF Yield
TAWNF converts 15.70% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
5.46
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.002
vs 25 benchmark
P/B Ratio
Price to book value ratio
2.23
vs 25 benchmark
P/S Ratio
Price to sales ratio
0.98
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
2.45
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.85
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.46
vs 25 benchmark
ROA
Return on assets percentage
0.10
vs 25 benchmark
ROCE
Return on capital employed
0.18
vs 25 benchmark
How TAWNF Stacks Against Its Sector Peers
| Metric | TAWNF Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 5.46 | 25.34 | Better (Cheaper) |
| ROE | 45.70% | 1285.00% | Weak |
| Net Margin | 16.85% | -43090.00% (disorted) | Strong |
| Debt/Equity | 2.45 | 0.79 | Weak (High Leverage) |
| Current Ratio | 1.85 | 10.66 | Neutral |
| ROA | 9.60% | -1544572.00% (disorted) | Weak |
TAWNF outperforms its industry in 2 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Thai Airways International Public Company Limited's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-47.34%
Industry Style: Cyclical, Value, Infrastructure
DecliningEPS CAGR
-13.64%
Industry Style: Cyclical, Value, Infrastructure
DecliningFCF CAGR
88.98%
Industry Style: Cyclical, Value, Infrastructure
High Growth