Company Valuation: Air Astana

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 545.2 631.1 528.8 - -
Change - 15.75% -16.21% - -
Enterprise Value (EV) 1 945.8 1,208 1,190 1,359 873.7
Change - 27.75% -1.47% 14.12% -35.69%
P/E 10.4x 47.2x 45.1x 11.8x 6.03x
PBR - - - - -
PEG -0.3x -0.6x -3.8x 0x 0.1x
Capitalization / Revenue 0.42x 0.43x 0.31x 0.28x 0.24x
EV / Revenue 0.72x 0.83x 0.69x 0.71x 0.4x
EV / EBITDA 2.93x 3.76x 3.27x 2.89x 1.57x
EV / EBIT 7.27x 13.7x 10.7x 7.03x 4.12x
EV / FCF - - 8.09x 6.73x 3.35x
FCF Yield - - 12.4% 14.8% 29.8%
Dividend per Share 2 0.0353 0.1112 0.04 0.09 0.12
Rate of return 2.26% 6.19% 2.64% 5.95% 7.93%
EPS 2 0.151 0.038 0.0335 0.1285 0.251
Distribution rate 23.4% 293% 119% 70% 47.8%
Net sales 1 1,309 1,454 1,728 1,912 2,191
EBITDA 1 322.9 321.2 364.2 469.7 554.8
EBIT 1 130 88.12 111.4 193.2 211.8
Net income 1 52.78 13.55 36.54 110.8 122.5
Net Debt 1 400.5 577.1 661.6 829.8 344.9
Reference price 2 1.563 1.795 1.512 1.512 1.512
Nbr of stocks (in thousands) 348,837 351,573 349,677 - -
Announcement Date 3/14/25 3/13/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.48x0.9x8x0.97% 53.42B
12.32x0.75x7.49x-.--% 34.18B
13.72x1.34x6.24x1.9% 26.88B
7.98x0.79x3.82x2.17% 23.83B
17.58x0.77x7.57x1.65% 21.39B
62.68x2.1x12.7x0.07% 18.98B
30.49x1.07x5.86x3.52% 16.33B
-9.64x1.59x11.12x-.--% 15.58B
8.71x1.05x4.45x3.76% 12.51B
Average 17.81x 1.15x 7.47x 1.56% 24.79B
Weighted average by Cap. 17.41x 1.08x 7.48x 1.32%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Air Astana

Historical PBR trend

Valuation ratios - PBR - Air Astana

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Air Astana

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Air Astana


Year-on-year evolution of the Yield

Valuation ratios - Yield - Air Astana