📊 AOT.BK Company Background

Airports of Thailand Public Company Limited (AOT) operates Thailand’s primary international airports, including Suvarnabhumi and Don Mueang in Bangkok, as well as Chiang Mai, Phuket, Hat Yai, and Chiang Rai airports. The company provides airport management, ground handling, security services, and commercial operations.

Market Cap (THB): 750.0B Market Cap (USD): ~$23.15B (at ~THB 32.40/USD)
Current Price: THB 52.50 (as of 18 May 2026 close) 52-Week Range: THB 26.75–59.00
P/E Ratio: 41.3 (TTM) P/BV: 5.56x
Dividend Yield: 1.54% (latest indicated) Avg Daily Value: THB 1,800M–2,200M
YTD Performance 2026: ▼ -0.9% (Dec 30 2025 close: THB 53.00; 18 May 2026 close: THB 52.50)
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AOT: Air India to cut flights on international routes between June-August, including Thailand routes. Delhi-Bangkok flights reduced from 28 weekly to 21 from July, while Mumbai-Bangkok reduced from 13 weekly to 7 from July.

Comment: India has fuel issues, Thailand doesn’t. 

📊 EASTW.BK Company Background

Eastern Water Resources Development and Management Public Company Limited (EASTW) develops and manages raw water distribution pipeline systems in Thailand’s Eastern Seaboard. It supplies industrial and raw water, produces tap water, operates wastewater treatment, and provides waterworks management and engineering services.

Market Cap (THB): 6.0B Market Cap (USD): ~$0.18B (at ~THB 32.40/USD)
Current Price: THB 3.58 (as of 18 May 2026 close) 52-Week Range: THB 1.57–3.70
P/E Ratio: 89.5 (TTM) P/BV: 0.50x
Dividend Yield: 0.28% (latest indicated) Avg Daily Value: THB 8M–12M
YTD Performance 2026: ▲ +81.4% (Dec 30 2025 close: THB 1.97; 18 May 2026 close: THB 3.58)
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EASTW: Sees positive earnings momentum continuing, driven by rising industrial water demand linked to liquid cooling systems for data centers. Company to begin supplying water to one data center client in 2Q26, with two additional clients expected in 2H26. New JV with STECON seen as a potential long-term growth catalyst.

Comment: The upcoming pipeline is far more interesting.

📊 RS.BK Company Background

RS Public Company Limited operates in Thailand’s multi-platform commerce, media, entertainment, and music & showbiz businesses through its subsidiaries, focusing on content production, distribution, and related commercial activities.

Market Cap (THB): 0.35B Market Cap (USD): ~$10.8M (at ~THB 32.40/USD)
Current Price: THB 0.18 (as of mid-May 2026 close) 52-Week Range: THB 0.13–0.25
P/E Ratio: N/A (TTM) P/BV: 1.0x (est.)
Dividend Yield: N/A Avg Daily Value: THB 2M–5M
YTD Performance 2026: ▲ +5.9% (Dec 30 2025 close: THB 0.17; 18 May 2026 close: THB 0.18)
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RS: Failed to pay interest to financial institutions, triggering cross-default clauses on borrowings totaling THB2.87bn. CB (Caution – Business) sign posted on securities, while cash balance trading rule imposed requiring full upfront payment before trading.

Comment: How quickly this name has fallen from grace…

Summary Table

Ticker Mkt Cap (USD) Price (THB) P/E (TTM) P/BV Div Yield YTD 2026 Analysis
AOT.BK ~$23.15B 52.50 41.3 5.56x 1.54% ▼ -0.9% View →
EASTW.BK ~$0.18B 3.58 89.5 0.50x 0.28% ▲ +81.4% View →
RS.BK ~$10.8M 0.18 N/A 1.0x N/A ▲ +5.9% View →

Data sourced from SET, Yahoo Finance and company filings • All figures as of 18 May 2026 close • USD/THB = 32.40

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