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Qantas Airways Ltd
ASX:QAN

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Qantas Airways Ltd
ASX:QAN
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Price: 8.35 AUD -0.24% Market Closed
Market Cap: AU$12.6B

P/B

9.3
Current
74%
Cheaper
vs 3-y average of 36.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
9.3
=
Market Cap
AU$12.8B
/
Total Equity
AU$1.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
9.3
=
Market Cap
AU$12.8B
/
Total Equity
AU$1.3B

Valuation Scenarios

Qantas Airways Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (36.2), the stock would be worth AU$32.54 (290% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-71%
Maximum Upside
+290%
Average Upside
122%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 9.3 AU$8.35
0%
3-Year Average 36.2 AU$32.54
+290%
5-Year Average 23.6 AU$21.21
+154%
Industry Average 19.9 AU$17.93
+115%
Country Average 2.7 AU$2.4
-71%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 85% of companies in Australia
Percentile
85th
Based on 2 062 companies
85th percentile
9.3
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Qantas Airways Ltd
Glance View

Qantas Airways Ltd., affectionately known as the "Flying Kangaroo," stands as a titan in the aviation industry with a storied history dating back to 1920. Originating from the expanses of the Queensland outback, Qantas has evolved into Australia’s flagship airline, building a reputation for safety, innovation, and exceptional service. Its comprehensive operations extend far beyond merely ferrying passengers across continents. Qantas operates via two distinct segments: Qantas Domestic and Qantas International, covering a vast network that stretches over more than 85 destinations across 20 countries. This robust network is bolstered by its loyalty program, Qantas Frequent Flyer, which not only enhances customer retention but also contributes significantly to its bottom line through partnerships and financial services. At the core of Qantas's business model is its ability to strategically leverage its brand and operational efficiencies in a highly competitive market. By investing in fleet modernization and technological advancements, the airline enhances fuel efficiency and delivers a premium flying experience. Ancillary services, such as flight upgrades, baggage fees, and in-flight purchases, augment their revenue streams. Moreover, their dedication to sustainability, reflected in initiatives like carbon offset programs, aligns with increasingly eco-conscious consumer preferences, further solidifying customer loyalty. Consequently, despite the challenges synonymous with the aviation industry, including fluctuating fuel prices and economic cycles, Qantas sustains its profitability by maintaining operational excellence and a diversified business approach.

QAN Intrinsic Value
14.55 AUD
Undervaluation 43%
Intrinsic Value
Price AU$8.35
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