Company Valuation: Flynas Company

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 11,114 7,439 - -
Change - -33.07% - -
Enterprise Value (EV) 1 14,389 10,437 12,657 13,395
Change - -27.47% 21.27% 5.83%
P/E -20.2x -25.2x 10.8x 11.2x
PBR 3.13x 2.33x 1.72x 1.47x
PEG 0x 0.5x -0x -3.6x
Capitalization / Revenue 1.42x 0.89x 0.75x 0.68x
EV / Revenue 1.83x 1.25x 1.28x 1.23x
EV / EBITDA 5.72x 6.45x 4.47x 4.16x
EV / EBIT 13.6x 51.4x 10.8x 9.53x
EV / FCF 13x 10.5x 56.8x -
FCF Yield 7.71% 9.52% 1.76% -
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -3.22 -1.725 4.02 3.895
Distribution rate - - - -
Net sales 1 7,844 8,322 9,871 10,930
EBITDA 1 2,514 1,618 2,832 3,217
EBIT 1 1,056 203.2 1,167 1,406
Net income -527 - 791.5 667
Net Debt 1 3,275 2,998 5,218 5,956
Reference price 2 65.05 43.54 43.54 43.54
Nbr of stocks (in thousands) 170,852 170,852 - -
Announcement Date 3/11/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-24.36x1.22x6.29x-.--% 1.91B
12.32x0.87x6.81x0.97% 50.93B
9.96x0.77x6.32x-.--% 34.5B
12.8x1.3x5.88x1.96% 26.99B
7.99x0.79x3.71x2.25% 24.77B
62.42x2.17x12.61x0.07% 19.08B
27.55x1.05x5.63x3.83% 16.03B
-10.21x1.57x11.12x-.--% 15.58B
11.22x1.15x4.77x - 14.49B
-11.85x1.58x10.33x-.--% 11.45B
Average 9.78x 1.25x 7.34x 1.01% 21.57B
Weighted average by Cap. 13.76x 1.14x 7.04x 1.1%

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

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