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Air Canada
F:ADH2

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Air Canada
F:ADH2
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Price: 11.55 EUR 1.32%
Market Cap: €4.1B

P/S

0.2
Current
18%
Cheaper
vs 3-y average of 0.3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.2
=
Market Cap
€6B
/
Revenue
CA$22.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.2
=
Market Cap
€6B
/
Revenue
CA$22.4B

Valuation Scenarios

Air Canada is trading below its 3-year average

If P/S returns to its 3-Year Average (0.3), the stock would be worth €14.08 (22% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 092%
Average Upside
312%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.2 €11.55
0%
3-Year Average 0.3 €14.08
+22%
5-Year Average 0.4 €18.99
+64%
Industry Average 0.4 €19.62
+70%
Country Average 2.9 €137.71
+1 092%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€6B
/
Jan 2026
CA$22.4B
=
0.2
Current
€6B
/
Dec 2026
CA$24.6B
=
0.2
Forward
€6B
/
Dec 2027
CA$26B
=
0.2
Forward
€6B
/
Dec 2028
CA$27.8B
=
0.2
Forward
€6B
/
Dec 2029
CA$29.2B
=
0.2
Forward
€6B
/
Dec 2030
CA$28B
=
0.2
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

Lower than 98% of companies in Canada
Percentile
2st
Based on 2 477 companies
2st percentile
0.2
Low
0 — 1.4
Typical Range
1.4 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.4
Median 2.9
70th Percentile 4.9
Max 15 623 917.6

Air Canada
Glance View

In the skies above the expansive Canadian landscape, Air Canada has carved a path as the nation's flag carrier, weaving its services across continents. Originating in 1937 as Trans-Canada Air Lines, the company soared through decades of aviation evolution, rebranding itself as Air Canada in 1965. Today, it stands as a robust player in the airline industry, providing passenger and cargo transport services. Anchored in Montreal, Quebec, Air Canada operates a vast network that spans over 200 destinations worldwide, making it a vital conduit for both international and domestic travel. It boasts a fleet of diverse aircraft, including Boeing, Airbus, and Embraer, allowing it to cater to varying demands from short hauls to long intercontinental routes. Air Canada's business model hinges on generating revenue from multiple streams. The passenger segment remains the core of its operations, offering tiers of service from economy to premium. This is supplemented by ancillary services such as seat selection, baggage fees, and in-flight purchases. Furthermore, the airline capitalizes on its Aeroplan loyalty program, fostering customer retention and engagement. Cargo transport plays a complementary role in its revenue structure, with increased focus on e-commerce shipments and vital freight services. Additionally, the airline benefits from cross-country partnerships and alliances, notably as a founding member of the Star Alliance, which enhances global connectivity and network reach. Through these endeavors, Air Canada seeks to pilot above turbulence and navigate towards financial sustainability.

ADH2 Intrinsic Value
51.91 EUR
Undervaluation 78%
Intrinsic Value
Price €11.55
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