Air Canada
TSX:AC

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Air Canada
TSX:AC
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Price: 19.48 CAD 1.14% Market Closed
Market Cap: 5.8B CAD

Relative Value

The Relative Value of one AC stock under the Base Case scenario is hidden CAD. Compared to the current market price of 19.48 CAD, Air Canada is hidden .

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
HIDDEN
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Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
71
Median 3Y
0.3
Median 5Y
0.4
Industry
0.5
Forward
0.3
vs History
vs Industry
55
Median 3Y
2.9
Median 5Y
-1.7
Industry
8.6
Forward
16
vs History
50
vs Industry
65
Median 3Y
1.6
Median 5Y
1.5
Industry
3.4
vs History
vs Industry
38
Median 3Y
-4.2
Median 5Y
-4.1
Industry
15.5
vs History
55
vs Industry
25
Median 3Y
2.6
Median 5Y
3.2
Industry
2
vs History
93
vs Industry
82
Median 3Y
0.5
Median 5Y
0.7
Industry
0.9
Forward
0.4
vs History
93
vs Industry
88
Median 3Y
0.8
Median 5Y
1.3
Industry
3.2
vs History
26
vs Industry
65
Median 3Y
3.2
Median 5Y
2.8
Industry
6.2
Forward
2.6
vs History
4
vs Industry
49
Median 3Y
7.1
Median 5Y
4.3
Industry
10.5
Forward
8
vs History
60
vs Industry
70
Median 3Y
2.5
Median 5Y
2.4
Industry
5.7
vs History
19
vs Industry
46
Median 3Y
7.7
Median 5Y
4.6
Industry
11.9
vs History
90
vs Industry
81
Median 3Y
0.6
Median 5Y
0.6
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
5.8B CAD 0.3 -19.5 3.3 15.7
US
Delta Air Lines Inc
NYSE:DAL
46.4B USD 0.7 10 9.1 9.1
US
United Airlines Holdings Inc
NASDAQ:UAL
36.9B USD 0.6 11.2 8.6 8.6
UK
International Consolidated Airlines Group SA
LSE:IAG
19.6B GBP 0.6 6.8 161.5 241.4
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
156.5B CNY 0.9 578 -8 101.3 -8 101.3
IN
Interglobe Aviation Ltd
NSE:INDIGO
2T INR 2.4 39 9.7 18.1
US
Southwest Airlines Co
NYSE:LUV
21.7B USD 0.8 57.2 11.9 72.6
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
CN
China Southern Airlines Co Ltd
SSE:600029
139.5B CNY 0.8 -103.1 41.5 41.5
CN
China Eastern Airlines Corp Ltd
SSE:600115
127.4B CNY 0.9 -64.2 142.7 142.7
P/E Multiple
Earnings Growth PEG
CA
Air Canada
TSX:AC
Average P/E: 101.5
Negative Multiple: -19.5
-21%
N/A
US
Delta Air Lines Inc
NYSE:DAL
10
15%
0.7
US
United Airlines Holdings Inc
NASDAQ:UAL
11.2
15%
0.7
UK
International Consolidated Airlines Group SA
LSE:IAG
6.8
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
578
N/A N/A
IN
Interglobe Aviation Ltd
NSE:INDIGO
39
15%
2.6
US
Southwest Airlines Co
NYSE:LUV
57.2
58%
1
IE
R
Ryanair Holdings PLC
LSE:RYA
8
14%
0.6
CN
China Southern Airlines Co Ltd
SSE:600029
Negative Multiple: -103.1 N/A N/A
CN
China Eastern Airlines Corp Ltd
SSE:600115
Negative Multiple: -64.2 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Air Canada
TSX:AC
Average EV/EBITDA: 43.7
3.3
10%
0.3
US
Delta Air Lines Inc
NYSE:DAL
9.1
7%
1.3
US
United Airlines Holdings Inc
NASDAQ:UAL
8.6
7%
1.2
UK
International Consolidated Airlines Group SA
LSE:IAG
161.5
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: -8 101.3 N/A N/A
IN
Interglobe Aviation Ltd
NSE:INDIGO
9.7
14%
0.7
US
Southwest Airlines Co
NYSE:LUV
11.9
27%
0.4
IE
R
Ryanair Holdings PLC
LSE:RYA
4.5
10%
0.4
CN
China Southern Airlines Co Ltd
SSE:600029
41.5
102%
0.4
CN
China Eastern Airlines Corp Ltd
SSE:600115
142.7
285%
0.5