Regional Express Holdings Ltd
ASX:REX

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Regional Express Holdings Ltd
ASX:REX
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Price: 0.565 AUD Market Closed
Market Cap: 64m AUD

Relative Value

The Relative Value of one REX stock under the Base Case scenario is 3.474 AUD. Compared to the current market price of 0.565 AUD, Regional Express Holdings Ltd is Undervalued by 84%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

REX Relative Value
Base Case
3.474 AUD
Undervaluation 84%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
79
vs Industry
82
Median 3Y
0.2
Median 5Y
0.3
Industry
0.5
vs History
22
vs Industry
57
Median 3Y
2.3
Median 5Y
-2.9
Industry
9.9
vs History
26
vs Industry
19
Median 3Y
5.3
Median 5Y
4.5
Industry
3
vs History
20
vs Industry
28
Median 3Y
5.2
Median 5Y
4.3
Industry
9.4
vs History
79
vs Industry
70
Median 3Y
0.6
Median 5Y
0.8
Industry
2
vs History
61
vs Industry
67
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
vs History
60
vs Industry
73
Median 3Y
1
Median 5Y
1.1
Industry
3.3
vs History
vs Industry
Median 3Y
-15.3
Median 5Y
-5.1
Industry
6.5
vs History
vs Industry
Median 3Y
-15.3
Median 5Y
-5.1
Industry
10.6
vs History
11
vs Industry
12
Median 3Y
31.1
Median 5Y
6
Industry
5.9
vs History
vs Industry
26
Median 3Y
-26
Median 5Y
-9.1
Industry
11
vs History
71
vs Industry
59
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8

Multiples Across Competitors

REX Competitors Multiples
Regional Express Holdings Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Regional Express Holdings Ltd
ASX:REX
64.5m AUD 0.1 2.3 -15.3 -15.3
US
Delta Air Lines Inc
NYSE:DAL
37.9B USD 0.6 8.5 8.2 8.2
US
United Airlines Holdings Inc
NASDAQ:UAL
29.1B USD 0.5 8 6.8 6.8
IN
Interglobe Aviation Ltd
NSE:INDIGO
2.3T INR 2.8 31.6 12.1 21.7
UK
International Consolidated Airlines Group SA
LSE:IAG
18.3B GBP 0.5 7.2 105.9 161.8
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
US
Southwest Airlines Co
NYSE:LUV
21.6B USD 0.8 39.6 8.2 35.7
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
CN
Air China Ltd
SSE:601111
130.5B CNY 0.8 -215.1 -171 -171
SG
Singapore Airlines Ltd
SGX:C6L
21.7B SGD 1.1 7.8 5.6 13.5
CN
China Southern Airlines Co Ltd
SSE:600029
104.7B CNY 0.6 -32.7 60.1 60.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Regional Express Holdings Ltd
ASX:REX
Average EV/EBITDA: 26.4
Negative Multiple: -15.3
N/A N/A
US
Delta Air Lines Inc
NYSE:DAL
8.2
6%
1.4
US
United Airlines Holdings Inc
NASDAQ:UAL
6.8
7%
1
IN
Interglobe Aviation Ltd
NSE:INDIGO
12.1
13%
0.9
UK
International Consolidated Airlines Group SA
LSE:IAG
105.9
7%
15.1
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
US
Southwest Airlines Co
NYSE:LUV
8.2
29%
0.3
IE
R
Ryanair Holdings PLC
LSE:RYA
4.5
10%
0.4
CN
Air China Ltd
SSE:601111
Negative Multiple: -171 N/A N/A
SG
Singapore Airlines Ltd
SGX:C6L
5.6
1%
5.6
CN
China Southern Airlines Co Ltd
SSE:600029
60.1
103%
0.6