Company Valuation: Air Canada

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,561 6,963 6,700 7,779 5,703 6,517 - -
Change - -7.91% -3.78% 16.11% -26.69% 14.27% - -
Enterprise Value (EV) 1 15,282 14,458 12,011 12,697 11,114 13,227 13,295 12,096
Change - -5.39% -16.93% 5.72% -12.47% 19.01% 0.51% -9.02%
P/E -2.06x -4.08x 3.14x 4.87x 10.4x 11.9x 8.54x 6.71x
PBR 840x -4.47x 8.42x 3.17x 2.19x 2.23x 1.86x 1.43x
PEG - 0.1x -0x -0.2x -0.2x 2.53x 0.2x 0.2x
Capitalization / Revenue 1.18x 0.42x 0.31x 0.35x 0.25x 0.26x 0.25x 0.24x
EV / Revenue 2.39x 0.87x 0.55x 0.57x 0.5x 0.53x 0.51x 0.44x
EV / EBITDA -10.4x 9.92x 3.02x 3.54x 3.56x 4.04x 3.47x 2.76x
EV / EBIT -5.01x -77.3x 5.27x 10.1x 12.1x 12.9x 9.1x 6.21x
EV / FCF -5.8x 18.2x 4.36x 9.81x 14.9x 21.1x 27.7x 11.1x
FCF Yield -17.2% 5.51% 22.9% 10.2% 6.72% 4.74% 3.61% 8.99%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -10.25 -4.75 5.96 4.574 1.86 1.948 2.724 3.468
Distribution rate - - - - - - - -
Net sales 1 6,400 16,556 21,833 22,255 22,372 24,844 25,952 27,647
EBITDA 1 -1,464 1,457 3,982 3,586 3,124 3,276 3,832 4,382
EBIT 1 -3,049 -187 2,279 1,263 918 1,029 1,461 1,948
Net income 1 -3,602 -1,700 2,276 1,720 644 555.1 688.9 959.8
Net Debt 1 7,721 7,495 5,311 4,918 5,411 6,710 6,778 5,579
Reference price 2 21.13 19.39 18.69 22.26 19.29 23.27 23.27 23.27
Nbr of stocks (in thousands) 357,835 359,098 358,469 349,475 295,653 280,059 - -
Announcement Date 2/18/22 2/17/23 2/16/24 2/13/25 2/12/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.95x0.53x4.04x-.--% 4.63B
13.25x0.94x7.22x0.9% 55.64B
10.41x0.82x6.69x-.--% 38.39B
13.87x1.41x6.34x1.8% 28.78B
8.11x0.8x3.82x2.08% 25.55B
-349.79x2.6x13.71x0.2% 20.02B
28.52x1.21x6.21x3.61% 18.44B
-13.52x1.64x10.96x-.--% 16.25B
10.77x1.15x4.58x3.24% 14.53B
-119.83x1.51x8.5x-.--% 12.02B
Average -38.63x 1.26x 7.21x 1.18% 23.42B
Weighted average by Cap. -26.39x 1.21x 7.23x 1.17%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. AC Stock
  4. Valuation Air Canada