Bangkok Airways PCL Ratios and Metrics

Market cap in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	37,130	30,700	47,040	32,970	28,140	20,106
Market Cap Growth	-9.33%	-34.74%	42.68%	17.16%	39.96%	52.50%
Enterprise Value	38,813	46,603	62,094	49,831	56,040	45,694
Last Close Price	17.90	14.80	20.91	13.81	11.40	8.29
PE Ratio	10.58	8.65	12.42	10.60	-	-
Forward PE	9.75	8.61	12.93	17.55	-	-
PS Ratio	1.42	1.18	1.84	1.57	2.30	5.61
PB Ratio	2.80	2.31	2.97	1.95	1.68	1.53
P/TBV Ratio	2.83	2.34	2.99	1.97	1.70	1.57
P/FCF Ratio	7.66	6.33	8.74	6.57	20.80	-
P/OCF Ratio	6.28	5.19	7.22	5.94	17.94	-
PEG Ratio	0.84	26.88	26.88	26.88	26.88	26.88
EV/Sales Ratio	1.49	1.79	2.43	2.37	4.58	12.75
EV/EBITDA Ratio	4.93	6.50	11.17	16.08	-	-
EV/EBIT Ratio	6.17	8.34	12.61	20.69	-	-
EV/FCF Ratio	8.00	9.61	11.54	9.93	41.42	-
Debt / Equity Ratio	0.84	0.84	1.75	1.73	1.98	2.09
Debt / EBITDA Ratio	1.56	1.56	4.31	6.97	32.34	-
Debt / FCF Ratio	2.31	2.31	5.17	5.81	24.58	-
Net Debt / Equity Ratio	0.12	0.12	0.90	0.92	1.59	1.93
Net Debt / EBITDA Ratio	0.23	0.23	2.57	5.01	-49.63	-7.34
Net Debt / FCF Ratio	0.34	0.34	2.65	3.10	19.67	-11.29
Asset Turnover	0.49	0.49	0.45	0.35	0.22	0.07
Inventory Turnover	33.39	33.39	34.75	32.76	25.52	13.37
Quick Ratio	0.90	0.90	1.29	1.39	0.46	0.11
Current Ratio	1.00	1.00	1.36	1.47	0.50	0.13
Return on Equity (ROE)	24.58%	24.58%	23.18%	18.46%	-14.21%	-52.49%
Return on Assets (ROA)	6.57%	6.57%	5.41%	2.51%	-1.58%	-5.13%
Return on Invested Capital (ROIC)	20.55%	20.46%	13.24%	6.35%	-3.42%	-10.50%
Return on Capital Employed (ROCE)	14.60%	14.60%	11.20%	5.10%	-3.10%	-16.30%
Earnings Yield	9.56%	11.56%	8.05%	9.43%	-7.50%	-42.52%
FCF Yield	13.06%	15.80%	11.44%	15.21%	4.81%	-11.21%
Dividend Yield	7.82%	-	6.22%	7.24%	-	-
Payout Ratio	70.98%	70.98%	60.98%	33.72%	-	-
Buyback Yield / Dilution	0.15%	0.15%	-	-0.12%	-1.80%	-0.02%
Total Shareholder Return	7.97%	0.15%	6.22%	7.12%	-1.80%	-0.02%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.