Valuation Lufthansa

Equities

Real-time Estimate Tradegate Other stock markets 03:32:03 2026-04-15 EDT			5-day change	1st Jan Change
7.904 ^EUR	-1.25%		-2.41%	-5.73%

02:09am	ROI-Europe's summer flights at risk as Iran war exposes refining decline: Bousso	RE
02:03am	LUFTHANSA AG : JP Morgan reiterates its Neutral rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	7,388	9,283	9,621	7,401	10,073	9,599	-	-
Change	-	25.65%	3.64%	-23.08%	36.11%	-4.71%	-	-
Enterprise Value (EV) ¹	16,411	16,154	15,303	13,145	16,479	15,786	15,751	15,209
Change	-	-1.57%	-5.27%	-14.11%	25.37%	-4.21%	-0.22%	-3.44%
P/E ratio	-2.07x	11.8x	5.75x	5.37x	7.51x	7.59x	5.85x	5.11x
PBR	1.66x	1.1x	1x	0.64x	0.86x	0.78x	0.7x	0.63x
PEG	-	-0x	0x	-0.3x	-2.88x	-1.3x	0.2x	0.4x
Capitalization / Revenue	0.44x	0.28x	0.27x	0.2x	0.25x	0.23x	0.22x	0.21x
EV / Revenue	0.98x	0.49x	0.43x	0.35x	0.42x	0.37x	0.36x	0.33x
EV / EBITDA	497x	4.27x	3.12x	3.3x	3.81x	3.66x	3.19x	2.78x
EV / EBIT	-6.99x	10.7x	5.71x	7.99x	8.41x	8.43x	6.59x	5.45x
EV / FCF	-19.2x	5.61x	7.17x	15.6x	13.1x	9.32x	11x	7.21x
FCF Yield	-5.21%	17.8%	13.9%	6.39%	7.62%	10.7%	9.09%	13.9%
Dividend per Share ²	-	-	0.3	0.3	0.33	0.3146	0.3856	0.4678
Rate of return	-	-	3.73%	4.86%	3.93%	3.93%	4.82%	5.84%
EPS ²	-2.99	0.66	1.4	1.15	1.12	1.054	1.368	1.566
Distribution rate	-	-	21.4%	26.1%	29.5%	29.8%	28.2%	29.9%
Net sales ¹	16,811	32,770	35,442	37,581	39,597	42,342	44,300	46,198
EBITDA ¹	33	3,786	4,910	3,982	4,329	4,313	4,941	5,473
EBIT ¹	-2,349	1,509	2,682	1,645	1,960	1,873	2,391	2,793
Net income ¹	-2,191	791	1,673	1,380	1,339	1,260	1,588	1,859
Net Debt ¹	9,023	6,871	5,682	5,744	6,406	6,187	6,152	5,610
Reference price ²	6.180	7.765	8.048	6.176	8.406	8.004	8.004	8.004
Nbr of stocks (in thousands)	1,195,486	1,195,486	1,195,486	1,198,299	1,198,293	1,199,265	-	-
Announcement Date	3/3/22	3/3/23	3/7/24	3/6/25	3/6/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
LUFTHANSA	7.59x	0.37x	3.66x	3.93%	11.33B
DELTA AIR LINES, INC.	13.8x	0.88x	7.5x	1.08%	46.85B
RYANAIR HOLDINGS PLC	12.69x	1.62x	6.67x	1.79%	32.13B
UNITED AIRLINES HOLDINGS, INC.	9x	0.77x	6.17x	-.--%	31.56B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	6.62x	0.74x	3.37x	2.46%	24.19B
INTERGLOBE AVIATION LIMITED	423.23x	2.32x	12.32x	0.23%	18.39B
SINGAPORE AIRLINES LIMITED	18.87x	1.29x	5.83x	4.1%	16.37B
AIR CHINA LIMITED	-11.41x	1.72x	12.46x	-.--%	15.75B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-98.19x	1.64x	9.94x	0.17%	13.8B
CHINA EASTERN AIRLINES CORPORATION LIMITED	-16.42x	1.69x	10.23x	-.--%	13.5B
Average	36.58x	1.30x	7.81x	1.38%	22.39B
Weighted average by Cap.	35.37x	1.23x	7.49x	1.28%