Azul SA
NYSE:AZUL

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Azul SA
NYSE:AZUL
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Price: 0.37 USD Market Closed
Market Cap: 202.8m USD
Section:
 

Relative Value

The Relative Value of one AZUL stock under the Base Case scenario is 15.65 USD. Compared to the current market price of 0.37 USD, Azul SA is Undervalued by 98%.

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.

AZUL Relative Value
Base Case
15.65 USD
Undervaluation 98%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.1
P/S
P/S
Price to Sales
0.1
vs History
93
vs Industry
85
Median 3Y
0.7
Median 5Y
1.3
Industry
0.5
Forward
0
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-1.7
Median 5Y
-6.8
Industry
8.6
Forward
-0.1
More Details
0.4
P/OCF
P/OCF
Price to OCF
0.4
vs History
74
vs Industry
74
Median 3Y
4.4
Median 5Y
4.4
Industry
3.3
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
22
Median 3Y
-3.1
Median 5Y
-3.1
Industry
15.1
More Details
Negative
P/B
P/B
Price to Book Value
N/A
vs History
vs Industry
Median 3Y
-0.5
Median 5Y
-1
Industry
2
More Details
1.5
EV/S
EV/S
Enterprise Value to Sales
1.5
vs History
88
vs Industry
22
Median 3Y
1.9
Median 5Y
2.3
Industry
0.9
Forward
1.4
More Details
2.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.7
vs History
88
vs Industry
52
Median 3Y
3.3
Median 5Y
4.6
Industry
3.2
More Details
4.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
4.6
vs History
68
vs Industry
50
Median 3Y
8.3
Median 5Y
7.9
Industry
6.2
Forward
4.3
More Details
7.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
7.8
vs History
58
vs Industry
42
Median 3Y
17.4
Median 5Y
10.1
Industry
10.7
Forward
7.3
More Details
12.1
EV/OCF
EV/OCF
Enterprise Value to OCF
12.1
vs History
52
vs Industry
21
Median 3Y
12.2
Median 5Y
12.2
Industry
5.7
More Details
22.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
22.7
vs History
41
vs Industry
18
Median 3Y
22.7
Median 5Y
22.7
Industry
12
More Details
1.5
EV/IC
EV/IC
Enterprise Value to IC
1.5
vs History
88
vs Industry
13
Median 3Y
2
Median 5Y
2.6
Industry
0.8
More Details

Multiples Across Competitors

AZUL Competitors Multiples
Azul SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Azul SA
NYSE:AZUL
202.8m USD 0.1 -0.2 4.6 7.8
US
Delta Air Lines Inc
NYSE:DAL
46.8B USD 0.7 10.1 9.2 9.2
US
United Airlines Holdings Inc
NASDAQ:UAL
37.9B USD 0.6 11.5 8.8 8.8
UK
International Consolidated Airlines Group SA
LSE:IAG
20.2B GBP 0.6 7.1 161.3 241.2
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
CN
Air China Ltd
SSE:601111
159.3B CNY 0.9 588.3 -8 164.2 -8 164.2
US
Southwest Airlines Co
NYSE:LUV
22.5B USD 0.8 59.5 12.4 75.4
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
IN
Interglobe Aviation Ltd
NSE:INDIGO
1.9T INR 2.3 37.1 9.3 17.3
CN
China Southern Airlines Co Ltd
SSE:600029
145.1B CNY 0.8 -107.2 42.3 42.3
CN
China Eastern Airlines Corp Ltd
SSE:600115
136.5B CNY 1 -68.8 147.7 147.7
P/E Multiple
Earnings Growth PEG
BR
Azul SA
NYSE:AZUL
Average P/E: 103.1
Negative Multiple: -0.2 		N/A N/A
US
Delta Air Lines Inc
NYSE:DAL
10.1
15%
0.7
US
United Airlines Holdings Inc
NASDAQ:UAL
11.5
15%
0.8
UK
International Consolidated Airlines Group SA
LSE:IAG
7.1
11%
0.6
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.3 N/A N/A
CN
Air China Ltd
SSE:601111
588.3
N/A N/A
US
Southwest Airlines Co
NYSE:LUV
59.5
61%
1
IE
R
Ryanair Holdings PLC
LSE:RYA
8
14%
0.6
IN
Interglobe Aviation Ltd
NSE:INDIGO
37.1
11%
3.4
CN
China Southern Airlines Co Ltd
SSE:600029
Negative Multiple: -107.2 N/A N/A
CN
China Eastern Airlines Corp Ltd
SSE:600115
Negative Multiple: -68.8 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Azul SA
NYSE:AZUL
Average EV/EBITDA: 44.4
4.6
11%
0.4
US
Delta Air Lines Inc
NYSE:DAL
9.2
7%
1.3
US
United Airlines Holdings Inc
NASDAQ:UAL
8.8
7%
1.3
UK
International Consolidated Airlines Group SA
LSE:IAG
161.3
8%
20.2
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
CN
Air China Ltd
SSE:601111
Negative Multiple: -8 164.2 N/A N/A
US
Southwest Airlines Co
NYSE:LUV
12.4
29%
0.4
IE
R
Ryanair Holdings PLC
LSE:RYA
4.5
10%
0.4
IN
Interglobe Aviation Ltd
NSE:INDIGO
9.3
12%
0.8
CN
China Southern Airlines Co Ltd
SSE:600029
42.3
102%
0.4
CN
China Eastern Airlines Corp Ltd
SSE:600115
147.7
286%
0.5

See Also

Summary
AZUL intrinsic value, competitors valuation, and company profile.
DCF Valuation
AZUL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AZUL stock valuation using valuation multiples.
Wall Street Estimates
AZUL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AZUL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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