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Air Canada
TSX:AC

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Air Canada
TSX:AC
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Price: 18.76 CAD 0.05% Market Closed
Updated: May 5, 2024

Relative Value

The Relative Value of one AC stock under the Base Case scenario is 48.23 CAD. Compared to the current market price of 18.76 CAD, Air Canada is Undervalued by 61%.

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.

AC Relative Value
Base Case
48.23 CAD
Undervaluation 61%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
60
Median 3Y
0.5
Median 5Y
0.5
Industry
0.5
Forward
0.3
vs History
33
vs Industry
55
Median 3Y
-2.1
Median 5Y
-1.7
Industry
8.9
Forward
5
vs History
57
vs Industry
55
Median 3Y
1.6
Median 5Y
1.7
Industry
2.8
vs History
vs Industry
38
Median 3Y
-5
Median 5Y
-1.6
Industry
10.9
vs History
26
vs Industry
7
Median 3Y
8.2
Median 5Y
2.9
Industry
2.1
vs History
84
vs Industry
75
Median 3Y
1
Median 5Y
0.8
Industry
1
Forward
0.5
vs History
87
vs Industry
81
Median 3Y
2
Median 5Y
1.4
Industry
3.3
vs History
50
vs Industry
67
Median 3Y
2.8
Median 5Y
2.9
Industry
5.9
Forward
2.9
vs History
41
vs Industry
60
Median 3Y
-3.6
Median 5Y
-2.9
Industry
8.5
Forward
5.5
vs History
49
vs Industry
61
Median 3Y
2.7
Median 5Y
2.6
Industry
5.6
vs History
46
vs Industry
47
Median 3Y
4.2
Median 5Y
4
Industry
7.6
vs History
68
vs Industry
68
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8

Multiples Across Competitors

AC Competitors Multiples
Air Canada Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Air Canada
TSX:AC
6.7B CAD 0.3 3 2.8 4.9
US
Delta Air Lines Inc
NYSE:DAL
33.3B USD 0.6 6.6 7.1 7.1
IE
Ryanair Holdings PLC
ISEQ:RYA
23.1B EUR 1.8 11.3 7 10.5
IN
Interglobe Aviation Ltd
NSE:INDIGO
1.6T INR 2.4 21.5 10.7 17.1
US
United Airlines Holdings Inc
NASDAQ:UAL
16.9B USD 0.3 6.3 4.9 4.9
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
15B CHF 0 -1 076.6 -1 077.1 -1 077.1
US
Southwest Airlines Co
NYSE:LUV
15.6B USD 0.6 39.8 7.8 114
CN
Air China Ltd
SSE:601111
107.2B CNY 0.8 -102.4 1 139.9 1 139.9
SG
Singapore Airlines Ltd
SGX:C6L
19.4B SGD 1 7.3 3.4 5.7
CN
China Southern Airlines Co Ltd
SSE:600029
102.7B CNY 0.6 -24.4 57.1 57.1
TR
Turk Hava Yollari AO
IST:THYAO.E
446.9B TRY 0.7 2.3 4.1 7

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