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Nok Airlines Public Company Limited

Nok Airlines Public Company Limited

NOK.BK
Nok Airlines Public Company LimitedTH flagStock Exchange of Thailand
0.17
THB
- -
- -
633.96MMarket Cap
Nok Airlines Public Company Limited
NOK.BK
(Stock Exchange of Thailand)

Recent

price

0.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
20.49
37.1
53.52
72.82
8.74
8.48
9.75
10.8
17.19
8.48
4.12
1.8
0.59
1.88
2.24
1.81
Revenue per Share
3.01
5.33
1.77
4.47
0.83
-0.33
-0.51
-1.86
-1.63
-1.23
-0.68
-2.19
-0.38
-0.7
0.01
-2.21
Basic EPS, GAAP
0.09
5.59
2.33
6.97
0.82
-1.74
0.46
-0.92
-2.6
-1.65
-1.29
0.01
-0.02
-0.02
0.38
0.01
Free Cash Flow per Basic Share
- -
- -
0.89
3.67
0.46
0.22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.2
6.53
6.8
7.43
1.12
0.48
-0.04
-1.9
-2.69
-2.57
-2.31
-3.78
-4.07
-4.78
-4.76
-3.81
Book Value per Share
1.03
6.2
6.73
7.57
3.51
3.05
2.05
-0.27
0.57
-1.35
-1.17
-2.2
-2.53
-3.23
-3.22
-2.22
Tangible Book Value per Share
113
113
113
113
1,280
1,411
1,411
1,503
1,138
2,272
3,010
3,646
3,729
3,729
3,729
3,620
Basic Weighted Avg Shares
2,313
4,186
6,039
8,218
11,180
11,965
13,753
16,226
19,572
19,260
12,412
6,561
2,204
7,014
8,337
6,561
Sales/Revenue/Turnover
9.66
14.78
4.2
5.82
8.63
-7.3
-15.71
-23.73
-13.45
-22.88
-14.56
-80.11
-120.84
-22.05
6.32
-91.72
Operating Margin (%)
40
37
44
50
51
70
82
102
123
122
112
2,452
1,572
382
368
2,452
Depreciation Expense
340
602
200
505
1,066
-472
-726
-2,795
-1,854
-2,787
-2,051
-7,991
-1,436
-2,617
48
-7,991
Net Income, GAAP
- -
3.64
31.6
2.92
3.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
14.69
14.37
3.31
6.14
9.54
-3.94
-5.28
-17.23
-9.47
-14.47
-16.53
-121.79
-65.12
-37.31
0.57
-121.79
Profit Margin (%)
-1
505
712
827
4,443
3,196
2,457
-564
-938
-4,495
-5,243
-16,194
-1,042
-3,053
-3,905
-16,194
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
235
11,483
11,091
10,318
235
LT Debt
135
737
797
888
4,543
4,349
2,942
-340
691
-3,032
-3,468
-8,002
-9,402
-12,026
-11,979
-8,002
Total Equity
- -
133.81
21.89
52.34
33.92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
137.98
26.57
61.9
91.28
- -
- -
- -
- -
- -
- -
- -
- -
- -
-12.68
1,265.82
Return on Capital (%)
- -
137.98
26.57
62.87
93.66
-44.7
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'20
Sep'20
Dec'20
ST Debt
7,492
15,192
14,179
LT Borrowings
- -
- -
- -
LT Finance Leases
11,129
19
235
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,729
3,729
3,729
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Jun'20
Sep'20
Dec'20
Total Current Assets
8,069
13,501
2,583
Cash, Cash Equivalents & STI
1,388
1,280
1,947
Accounts Receivable, Net
658
80
105
Inventories
84
92
99
Total Current Liabilities
17,220
19,289
18,777
Payables & Accruals
4,530
3,431
4,104
ST Debt
7,492
15,192
14,179
Deferred Revenue
496
307
233

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-80.02%
38.03%
-0.4%
Free Cash Flow
-357.29%
-588.39%
-2,551.94%
Net Income, GAAP
37.29%
32.32%
-101.82%
Sales/Revenue/Turnover
14.69%
17.59%
18.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
7,014
2023
- -
1,701
2,156
- -
8,337
2024
- -
1,532
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.7
2023
- -
-0.24
- -
- -
0.01
2024
- -
0.18
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
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Business
Nok Airlines Public Company Limited (NOK.BK) operates as a low-cost carrier providing scheduled passenger air transport services; parcel and postal delivery; and tourism-related offerings, primarily from its hub at Don Mueang International Airport in Bangkok, Thailand. Founded in 2004 and headquartered at Don Muang Airport, Central Building in Bangkok, the company serves 21 domestic and international destinations across Thailand, China, and India with a fleet of 14 Boeing 737-800 aircraft equipped with CFM56-7B engines; it previously operated De Havilland Canada DHC-8-Q400 turboprops until their full decommissioning in 2023 to streamline operations and cut maintenance costs. Thai Airways International maintains a significant shareholding as a major strategic investor alongside other public and private stakeholders; Nok Airlines lists on the Stock Exchange of Thailand since 2013 following its transition from Nok Airlines Co., Ltd. Recent developments include a planned 5 billion baht capital raise in 2025 to fund four additional leased Boeing 737-800s, six outright aircraft purchases by decade's end, debt reduction to 400 million baht from 27.278 billion baht during court-supervised rehabilitation entered in 2021 with an exit targeted for 2026, achievement of net profit of 734.78 million baht in the first half of 2024 versus a prior-year loss, route expansions to Chiang Mai, Krabi, and Phuket from Suvarnabhumi Airport alongside feeder partnerships with Thai Airways and international carriers, a multi-year fleet-wide CFM56-7B engine MRO contract with GA Telesis Engine Services signed in September 2025 building on prior shop visits, and a renewed long-term MRO agreement with StandardAero for CFM56-7B support introduced in June 2025.