Cathay Pacific Airways Ltd
HKEX:293

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Cathay Pacific Airways Ltd
HKEX:293
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Price: 11.79 HKD 0.17% Market Closed
Market Cap: 79.2B HKD

Relative Value

The Relative Value of one Cathay Pacific Airways Ltd stock under the Base Case scenario is 19.08 HKD. Compared to the current market price of 11.79 HKD, Cathay Pacific Airways Ltd is Undervalued by 38%.

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.

Relative Value
Base Case
19.08 HKD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
52
vs Industry
30
Median 3Y
0.7
Median 5Y
0.7
Industry
0.5
Forward
0.7
vs History
11
vs Industry
39
Median 3Y
6.3
Median 5Y
-1.8
Industry
8.6
Forward
8.6
vs History
22
vs Industry
45
Median 3Y
2.8
Median 5Y
2.7
Industry
3.2
vs History
1
vs Industry
17
Median 3Y
11.1
Median 5Y
-1.3
Industry
16
vs History
1
vs Industry
54
Median 3Y
0.9
Median 5Y
0.8
Industry
1.9
vs History
61
vs Industry
34
Median 3Y
1
Median 5Y
1.2
Industry
0.9
Forward
1
vs History
61
vs Industry
60
Median 3Y
1.6
Median 5Y
2.2
Industry
3
vs History
30
vs Industry
20
Median 3Y
7.5
Median 5Y
7.5
Industry
5.9
Forward
4.5
vs History
11
vs Industry
36
Median 3Y
7.5
Median 5Y
-9.9
Industry
10.1
Forward
10.6
vs History
31
vs Industry
47
Median 3Y
4.4
Median 5Y
4.4
Industry
5.7
vs History
22
vs Industry
41
Median 3Y
7.2
Median 5Y
6.9
Industry
11.5
vs History
1
vs Industry
41
Median 3Y
0.7
Median 5Y
0.6
Industry
0.8

Multiples Across Competitors

Competitors Multiples
Cathay Pacific Airways Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Cathay Pacific Airways Ltd
HKEX:293
75.9B HKD 0.7 7.7 8.6 8.6
US
Delta Air Lines Inc
NYSE:DAL
45.6B USD 0.7 9.9 9 9
US
United Airlines Holdings Inc
NASDAQ:UAL
34.7B USD 0.6 10.6 8.2 8.2
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
UK
International Consolidated Airlines Group SA
LSE:IAG
18.5B GBP 0.5 6.4 161.5 241.4
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
US
Southwest Airlines Co
NYSE:LUV
21.1B USD 0.8 56.6 11.7 71.3
IN
Interglobe Aviation Ltd
NSE:INDIGO
1.9T INR 2.2 36.4 9.1 17
CN
Air China Ltd
SSE:601111
141.9B CNY 0.8 523.9 -7 771.4 -7 771.4
CN
China Southern Airlines Co Ltd
SSE:600029
123.8B CNY 0.7 -91.4 39.4 39.4
CN
China Eastern Airlines Corp Ltd
SSE:600115
111.1B CNY 0.8 -56 133.8 133.8