AirAsia Group Berhad (5238.KL)

Malaysia · Industrial & Consumer Products · MYR

Key financials

ROE: 42.84%; 2025 (actual)
ROA: 5.27%; 2025 (actual)
Gross Margin: 10.27%; 2025 (actual)
Net Margin: 5.35%; 2025 (actual)
Total Assets: MYR 3,449,341.00K; 2025 (actual)
Net Income: MYR 179,252.00K; 2025 (actual)
Valuation: MYR 5,847,859.69K; 2026 (forecast)
Stock Price: MYR 1.74; 2026 (forecast)

Historical & projected performance

Reported figures and Equlion model projections for the next 5 years.

Metric	2025 (actual)	2026 (forecast)	2027	2028	2029	2030	2031
ROE	42.84%	27.48%	-34.82%	-53.8%	-60.32%	32.86%	20.35%
Sector average	-	11.14%	4.77%	6.23%	5.49%	12.81%	42.42%
ROA	5.27%	0.59%	-0.34%	-0.34%	-0.2%	0.08%	0.06%
Sector average	-	4.3%	2.97%	2.89%	2.8%

Amounts in MYR (thousands); stock price per share. Values that are missing or fail Equlion's automated data-quality checks are shown as “-”. Stock price and valuation carry no data date: they are the Equlion model's estimate for 2026. Projections are model estimates, not investment advice.

Want the full financial forecast report for AirAsia Group Berhad? It covers the balance sheet, income statement and Equlion model projections.

Gross Margin	10.27%	13.5%	13.5%	13.5%	13.5%	13.5%	13.5%
Sector average	-	36.85%	37%	37%	37%	37.18%	38.52%

Net Margin	5.35%	0.56%	-0.63%	-0.56%	-0.31%	0.13%	0.1%
Sector average	-	3.62%	-8.4%	-7.24%	-6.24%	-5.37%	-6%

Total Assets	MYR 3,449,341.00K	MYR 42,452,182.00K	MYR 40,892,168.37K	MYR 43,401,758.26K	MYR 47,381,376.91K	MYR 50,606,677.24K	MYR 51,923,263.46K
Sector average	-	MYR 2,057,257.41K	MYR 2,205,953.72K	MYR 2,478,112.19K	MYR 2,809,980.58K	MYR 3,128,339.29K	MYR 3,541,707.43K

Net Income	MYR 179,252.00K	MYR 136,192.85K	-MYR 143,297.43K	-MYR 144,126.92K	-MYR 90,746.85K	MYR 41,308.37K	MYR 33,162.62K
Sector average	-	MYR 107,559.60K	MYR 114,026.41K	MYR 133,417.63K	MYR 151,814.75K	MYR 168,396.43K	MYR 176,629.89K

Valuation	-	MYR 5,847,859.69K	MYR 6,289,086.82K	MYR 6,744,011.59K	MYR 7,152,636.68K	MYR 7,427,651.62K	MYR 7,726,360.74K
Sector average	-	MYR 1,597,024.56K	MYR 1,655,176.01K	MYR 1,722,244.29K	MYR 1,796,878.50K	MYR 1,878,253.66K	MYR 1,494,718.80K

Stock Price	-	MYR 1.74	MYR 1.87	MYR 2.01	MYR 2.13	MYR 2.21	MYR 2.30
Sector average	-	MYR 1.47	MYR 1.52	MYR 1.58	MYR 1.65	MYR 1.72	MYR 1.51