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Deutsche Lufthansa AG
XETRA:LHA

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Deutsche Lufthansa AG
XETRA:LHA
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Price: 7.33 EUR 3.07% Market Closed
Market Cap: €8.8B

P/E

6.5
Current
2%
More Expensive
vs 3-y average of 6.4

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
6.5
=
Market Cap
€9.7B
/
Net Income
€1.3B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
6.5
=
Market Cap
€9.7B
/
Net Income
€1.3B

Valuation Scenarios

Deutsche Lufthansa AG is trading above its 3-year average

If P/E returns to its 3-Year Average (6.4), the stock would be worth €7.2 (2% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-16%
Maximum Upside
+194%
Average Upside
43%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 6.5 €7.33
0%
3-Year Average 6.4 €7.2
-2%
5-Year Average 5.5 €6.18
-16%
Industry Average 6.1 €6.84
-7%
Country Average 19.3 €21.58
+194%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€9.7B
/
Jan 2026
€1.3B
=
6.5
Current
€9.7B
/
Dec 2026
€1.4B
=
6.7
Forward
€9.7B
/
Dec 2027
€1.8B
=
5.5
Forward
€9.7B
/
Dec 2028
€2B
=
4.8
Forward
€9.7B
/
Dec 2029
€2B
=
4.8
Forward
€9.7B
/
Dec 2030
€2.1B
=
4.5
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 94% of companies in Germany
Percentile
6th
Based on 2 106 companies
6th percentile
6.5
Low
0 — 13.8
Typical Range
13.8 — 29.5
High
29.5 —
Distribution Statistics
Germany
Min 0
30th Percentile 13.8
Median 19.3
70th Percentile 29.5
Max 8 582.9

Deutsche Lufthansa AG
Glance View

Deutsche Lufthansa AG, the largest airline in Germany, has carved a significant niche in the global aviation industry since its inception in 1953. Headquartered in Cologne, Lufthansa operates a complex and vast network, embodying both the practicality of air travel and the ambition of a legacy carrier. The company deftly manages a multifaceted business model, centered not only on transporting millions of passengers safely across continents but also on tapping into ancillary revenue streams like cargo operations, maintenance services, and catering. At the heart of Lufthansa's operations is its expansive fleet of aircraft that reflects its commitment to modernization and efficiency, balancing reliability and customer experience. With hubs in Frankfurt and Munich, Lufthansa connects major global destinations, making it a key player in transatlantic and European markets. Beyond the realm of passengers and aircraft, Lufthansa is a master of diversification within the aviation sphere. The airline's branch, Lufthansa Cargo, focuses on freight services, offering solutions that keep global supply chains thriving. Meanwhile, Lufthansa Technik stands as a towering figure in aircraft maintenance, repair, and overhaul, lending its prowess not just to itself but to myriad airlines worldwide. Catering is another revenue bolt, driven by the division LSG Sky Chefs, which provides inflight dining to airlines across the globe. This integrated approach allows Lufthansa to craft a robust and sustainable revenue model, insulating itself from the volatility inherent in passenger air travel. By blending traditional airline services with these diversified operations, Lufthansa not only secures its financial footing but also strengthens its position as a premium brand in the competitive aviation market.

LHA Intrinsic Value
26.46 EUR
Undervaluation 72%
Intrinsic Value
Price €7.33
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