TX3A Intrinsic Value Calculation – AIRPORTS OF THAILAND Reports Second Quarter Earnings for FY2023, Ending May 12 2023
May 24, 2023
Earnings Overview
On May 12 2023, AIRPORTS OF THAILAND ($BER:TX3A) announced its financial results for the second quarter of fiscal year 2023, ending on March 31 2023. The company’s total revenue was THB 11000.8 million, a remarkable increase of 3017.0 million compared to the same period the year prior. Net income also surged 156.8% to THB 1860.5 million year over year.
Stock Price
The report showed that the stock opened at €1.9 and closed the day at the same price. Overall, it was a strong performance for AIRPORTS OF THAILAND in the second quarter of FY 2023. This increase was driven by higher passenger traffic and ancillary services revenues. The company also announced plans to open three new airports in Thailand, creating thousands of job opportunities and boosting the country’s economy.
These airports are part of a larger plan to modernize the country’s aviation infrastructure and make it more competitive in the global market. With this impressive second quarter announcement, AIRPORTS OF THAILAND is positioning itself to be a major player in the industry for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TX3A. More…
| Total Revenues | Net Income | Net Margin |
| 31.04k | -1.34k | -3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TX3A. More…
| Operations | Investing | Financing |
| 10.22k | -10.32k | -2.24k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TX3A. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 185.66k | 80.61k | 7.24 |
Key Ratios Snapshot
Some of the financial key ratios for TX3A are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -18.9% | -54.3% | 3.9% |
| FCF Margin | ROE | ROA |
| -0.5% | 0.7% | 0.4% |
Analysis – TX3A Intrinsic Value Calculation
We have completed an analysis of AIRPORTS OF THAILAND’s financials here at GoodWhale. Our proprietary Valuation Line gives the fair value of AIRPORTS OF THAILAND share at around €2.3. However, the stock is currently traded at €1.9, which is a fair price but undervalued by 18.8%. This discrepancy offers an attractive opportunity for investors to pick up the stock at a good price. More…
Summary
Investors have much to be optimistic about when analyzing the recent financial results of Airports of Thailand. These impressive gains indicate that Airports of Thailand is well positioned for continued success in the future and could be an attractive option for investors.
