Flags

Financial distress

Bangkok Aviation Fuel Services

SET:BAFS · TH0669010Z02

Transportation InfrastructureSmall

360

Medium confidence — indicative

Value28

Profit price6

EV / EBIT9

Price / Owner Earnings3

Cash yield18

Owner Earnings Yield34

Dividend Yield1

Sales & asset price37

Price/Sales47

EV / Gross Profit15

Price/Book50

Quality54

Returns on capital39

Return on Capital44

Cash Return on Capital35

Return on Equity37

Profit margins55

EBIT Margin82

Gross Profitability27

Cash backing62

Cash Conversion95

Accruals50

Owner Earnings Margin41

Growth50

Sales growth50

Profit growth52

Profit Growth76

Long-Term EPS Growth58

Owner Earnings Growth22

Reinvestment35

Price momentum56

Safety17

Debt load22

Debt serviceability29

Refinancing53

Debt Payback4

Liquidity22

Sentiment45

Analyst ratings—

Expectations trend—

Market mood100

Value Creation12/20creating some value

Creates more value than its capital costs
Owner earnings growing
Owner earnings per share growing
Reinvests at strong returns
Solid earnings base

What this means

Bangkok Aviation Fuel Services clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryThailand

IndustryTransportation Infrastructure

SizeSmall

TypePublic Company

ExchangeSET

Founded1981

Employees47

Websitebafsthai.com/en/home

ISINTH0669010Z02

Last UpdateApr 2, 2026

Indices

SET (Thailand)

Themes

Utility Scale SolarEnergy StorageCleanTechClean EnergyAerospaceFuelService Industry

Description

Bangkok Aviation Fuel Services Public Company Limited (the company) operates primarily within the aviation fuel logistics sector, extending its services to the utilities, power, and business solutions domains. The company specializes in providing int…

Analysis

Hope premium

Bangkok Aviation Fuel Services Public Company Limited carries what we call a hope premium: an average business trading at an ambitious price.

The price is expensive. You pay 77.3× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

The trajectory is moderate and the balance sheet is fragile. The company scores 12/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250

2026

All-time high

Jun 2026

All-time low

Mar 2026

Average rank

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023

Price/Sales

—

Price/Earnings

—

Price/Book

—

Dividend Yield

—

Value (overall)

—

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View

1 · Watch OutGood· 100

Value

1 · ExpensiveGood Value· 100

Quality

1 · Weak FundamentalsHigh Quality· 100

Growth

1 · Tough TimesHigh Growth· 100

Safety

1 · High LeverageWell-Financed· 100

Sentiment

1 · SkepticismPositive· 100

Learn More →