A

Aira Capital PCL
SET:AIRA

Watchlist Manager
Aira Capital PCL
SET:AIRA
Watchlist
Price: 1.4 THB
Market Cap: 8.8B THB
Section:
 

Relative Value

The Relative Value of one AIRA stock under the Base Case scenario is 1.1 THB. Compared to the current market price of 1.4 THB, Aira Capital PCL is Overvalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AIRA Relative Value
Base Case
1.1 THB
Overvaluation 21%
Relative Value
Price
A
Worst Case
Base Case
Best Case

Valuation Multiples

8.5
P/S
P/S
Price to Sales
8.5
vs History
69
vs Industry
24
Median 3Y
10.6
Median 5Y
11.9
Industry
3.3
Forward
12.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-63.2
Median 5Y
-51.4
Industry
15.5
Forward
15.6
More Details
27.8
P/OCF
P/OCF
Price to OCF
27.8
vs History
28
vs Industry
8
Median 3Y
22.4
Median 5Y
-9
Industry
10.3
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
10
Median 3Y
-31.9
Median 5Y
-31.9
Industry
12.2
More Details
2.8
P/B
P/B
Price to Book Value
2.8
vs History
74
vs Industry
23
Median 3Y
3.2
Median 5Y
3.4
Industry
1.3
More Details
11.8
EV/S
EV/S
Enterprise Value to Sales
11.8
vs History
69
vs Industry
22
Median 3Y
13.6
Median 5Y
14.2
Industry
5
Forward
17.4
More Details
13
EV/GP
EV/GP
Enterprise Value to Gross Profit
13
vs History
69
vs Industry
30
Median 3Y
14.9
Median 5Y
16.2
Industry
7.4
More Details
36.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
36.6
vs History
66
vs Industry
25
Median 3Y
38.3
Median 5Y
40.1
Industry
14.3
Forward
18.7
More Details
66.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
66.6
vs History
57
vs Industry
15
Median 3Y
66.5
Median 5Y
69
Industry
14.9
Forward
94.3
More Details
38.4
EV/OCF
EV/OCF
Enterprise Value to OCF
38.4
vs History
22
vs Industry
8
Median 3Y
30.5
Median 5Y
-10.5
Industry
12.5
More Details
125.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
125.5
vs History
12
vs Industry
6
Median 3Y
27.8
Median 5Y
-12.2
Industry
13.4
More Details
1.5
EV/IC
EV/IC
Enterprise Value to IC
1.5
vs History
76
vs Industry
26
Median 3Y
1.7
Median 5Y
1.9
Industry
1
More Details

Multiples Across Competitors

AIRA Competitors Multiples
Aira Capital PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Aira Capital PCL
SET:AIRA
8.8B THB 8.5 -66 36.6 66.6
US
Blackstone Inc
NYSE:BX
189.4B USD 14.4 70 30.2 30.3
US
BlackRock Inc
NYSE:BLK
168.8B USD 7.4 27.7 20 22.5
US
KKR & Co Inc
NYSE:KKR
119.1B USD 6.6 52.7 374 374
CA
Brookfield Corp
NYSE:BN
106.1B USD 1.4 127.6 11.7 17.8
ZA
Ninety One Ltd
JSE:NY1
87.8B Zac 0 0 0 0
CA
Brookfield Asset Management Inc
NYSE:BAM
86.7B USD 24.6 43.3 46.4 47.2
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
120.1B CAD 24.6 43.3 46.4 47.1
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
72.8B EUR 24.1 42.4 45.5 46.2
US
Bank of New York Mellon Corp
NYSE:BK
83.7B USD 4.2 16.7 78.3 0
LU
Reinet Investments SCA
JSE:RNI
81.2B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
TH
A
Aira Capital PCL
SET:AIRA
Average P/E: 53
Negative Multiple: -66 		N/A N/A
US
Blackstone Inc
NYSE:BX
70
53%
1.3
US
BlackRock Inc
NYSE:BLK
27.7
15%
1.8
US
KKR & Co Inc
NYSE:KKR
52.7
33%
1.6
CA
Brookfield Corp
NYSE:BN
127.6
168%
0.8
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
43.3
87%
0.5
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
43.3
87%
0.5
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
42.4
87%
0.5
US
Bank of New York Mellon Corp
NYSE:BK
16.7
15%
1.1
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
A
Aira Capital PCL
SET:AIRA
Average EV/EBITDA: 76.6
36.6
7%
5.2
US
Blackstone Inc
NYSE:BX
30.2
18%
1.7
US
BlackRock Inc
NYSE:BLK
20
19%
1.1
US
KKR & Co Inc
NYSE:KKR
374
126%
3
CA
Brookfield Corp
NYSE:BN
11.7
-22%
N/A
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
46.4
243%
0.2
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
46.4
243%
0.2
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
45.5
243%
0.2
US
Bank of New York Mellon Corp
NYSE:BK
78.3
N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
A
Aira Capital PCL
SET:AIRA
Average EV/EBIT: 81.5
66.6
-41%
N/A
US
Blackstone Inc
NYSE:BX
30.3
22%
1.4
US
BlackRock Inc
NYSE:BLK
22.5
18%
1.2
US
KKR & Co Inc
NYSE:KKR
374
108%
3.5
CA
Brookfield Corp
NYSE:BN
17.8
-28%
N/A
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
CA
Brookfield Asset Management Inc
NYSE:BAM
47.2
237%
0.2
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
47.1
237%
0.2
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
46.2
237%
0.2
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A

See Also

Summary
AIRA intrinsic value, competitors valuation, and company profile.
DCF Valuation
AIRA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AIRA stock valuation using valuation multiples.
Wall Street Estimates
AIRA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AIRA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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