China Airlines Ltd
TWSE:2610
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (0.6), the stock would be worth NT$22.79 (27% upside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.5 | NT$17.9 |
0%
|
| 3-Year Average | 0.6 | NT$22.79 |
+27%
|
| 5-Year Average | 0.6 | NT$23.92 |
+34%
|
| Industry Average | 0.7 | NT$25.61 |
+43%
|
| Country Average | 1.2 | NT$44.13 |
+147%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
|
China Airlines Ltd
TWSE:2610
|
108.9B TWD | 0.5 | 7.4 | |
| BR |
|
Gol Linhas Aereas Inteligentes SA
BOVESPA:GOLL4
|
11.7T BRL | 558.4 | -2.1 | |
| US |
|
Delta Air Lines Inc
NYSE:DAL
|
45.3B USD | 0.7 | 10.1 | |
| US |
|
United Airlines Holdings Inc
NASDAQ:UAL
|
30B USD | 0.6 | 8.2 | |
| CH |
|
Kinarus Therapeutics Holding AG
SIX:KNRS
|
19.5B CHF | 355 030.1 | -1 404.3 | |
| UK |
|
International Consolidated Airlines Group SA
LSE:IAG
|
17.4B GBP | 0.8 | 6 | |
| IE |
R
|
Ryanair Holdings PLC
LSE:RYA
|
15.4B EUR | 1.1 | 8 | |
| US |
|
Southwest Airlines Co
NYSE:LUV
|
19B USD | 0.8 | 23.3 | |
| IN |
|
Interglobe Aviation Ltd
NSE:INDIGO
|
1.7T INR | 2.5 | 51.5 | |
| CN |
|
Air China Ltd
SSE:601111
|
117.4B CNY | 1 | 59.1 | |
| SG |
|
Singapore Airlines Ltd
SGX:C6L
|
19.7B SGD | 0.7 | 8.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.9 |
| Median | 1.2 |
| 70th Percentile | 1.8 |
| Max | 1 954.3 |
Other Multiples
China Airlines Ltd
Glance View
China Airlines Ltd., perched in the bustling aviation hub of Taiwan, flies as the island's largest airline, weaving a network that connects East Asia to the rest of the globe. With its headquarters nestled near the Taipei Taoyuan International Airport, the carrier operates a fleet that adeptly balances regional and long-haul routes. The modernization of its fleet, leveraging efficient and environmentally friendlier aircraft, underscores its commitment to safety, sustainability, and passenger comfort. Cargo operations also play a starring role, as the airline capitalizes on Taiwan's strategic location to become a critical link in the global supply chain, particularly for electronics and other high-value goods. The company's business model hinges on a mix of passenger and freight services, with the former primarily driving revenue through ticket sales across its expansive route network, while the latter capitalizes on the ever-growing demand for air cargo, which has surged during periods of global trade disruptions. China Airlines also benefits from ancillary services, such as partnerships and code-share agreements with other major airlines, enhancing connectivity and ensuring a steady flow of passengers. Additionally, it offers a frequent flyer program that cultivates customer loyalty. Through these intertwined operations, China Airlines remains a pivotal player in reinforcing Taiwan's connectivity with the world, navigating the complexities of the aviation industry with resilience and strategic foresight.