Valuation Air Canada

Stocks

Market Closed - Toronto S.E. 00:32:49 19/08/2026 +04			5-day change	1st Jan Change
29.90 ^CAD	-0.17%		+9.64%	+55.00%

08-18	Air Canada (TSX:AC) announces an Equity Buyback for 27,586,206 shares, representing 9.85% for CAD 800 million.	CI
08-18	Air Canada Launches C$800 Million Share Buyback Offer at C$29 to C$33 Per Share	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	7,561	6,963	6,700	7,779	5,703	8,374	-	-
Change	-	-7.91%	-3.78%	16.11%	-26.69%	46.83%	-	-
Enterprise Value (EV) ¹	15,282	14,458	12,011	12,697	11,114	13,759	14,078	13,811
Change	-	-5.39%	-16.93%	5.72%	-12.47%	23.8%	2.32%	-1.9%
P/E	-2.06x	-4.08x	3.14x	4.87x	10.4x	32.2x	10.9x	9.2x
PBR	840x	-4.47x	8.42x	3.17x	2.19x	1.85x	1.56x	1.3x
PEG	-	0.1x	-0x	-0.2x	-0.2x	-0.6x	0x	0.5x
Capitalization / Revenue	1.18x	0.42x	0.31x	0.35x	0.25x	0.33x	0.32x	0.3x
EV / Revenue	2.39x	0.87x	0.55x	0.57x	0.5x	0.55x	0.53x	0.49x
EV / EBITDA	-10.4x	9.92x	3.02x	3.54x	3.56x	4.47x	3.64x	3.18x
EV / EBIT	-5.01x	-77.3x	5.27x	10.1x	12.1x	19.4x	10.7x	8.03x
EV / FCF	-5.8x	18.2x	4.36x	9.81x	14.9x	28.4x	56.2x	10.7x
FCF Yield	-17.2%	5.51%	22.9%	10.2%	6.72%	3.53%	1.78%	9.37%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	-10.25	-4.75	5.96	4.574	1.86	0.9275	2.747	3.25
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	6,400	16,556	21,833	22,255	22,372	25,217	26,363	28,032
EBITDA ¹	-1,464	1,457	3,982	3,586	3,124	3,077	3,871	4,345
EBIT ¹	-3,049	-187	2,279	1,263	918	708.2	1,316	1,720
Net income ¹	-3,602	-1,700	2,276	1,720	644	236.3	622.8	885.2
Net Debt ¹	7,721	7,495	5,311	4,918	5,411	5,385	5,705	5,437
Reference price ²	21.13	19.39	18.69	22.26	19.29	29.90	29.90	29.90
Nbr of stocks (in thousands)	357,835	359,098	358,469	349,475	295,653	280,059	-	-
Announcement Date	18/02/22	17/02/23	16/02/24	13/02/25	12/02/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AIR CANADA	32.24x	0.55x	4.47x	-.--%	6.03B
DELTA AIR LINES, INC.	13.18x	0.95x	7.3x	0.91%	56.05B
UNITED AIRLINES HOLDINGS, INC.	10.63x	0.83x	6.71x	-.--%	38.53B
RYANAIR HOLDINGS PLC	13.12x	1.32x	5.95x	1.91%	27.67B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	8.2x	0.8x	3.76x	2.19%	25.35B
INTERGLOBE AVIATION LIMITED	68.84x	2.35x	13.69x	0.06%	21.07B
SINGAPORE AIRLINES LIMITED	27.7x	1.12x	5.91x	3.59%	17.28B
AIR CHINA LIMITED	-11.54x	1.59x	11.73x	-.--%	16.01B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-67.39x	1.52x	9.11x	-.--%	11.9B
CATHAY PACIFIC AIRWAYS LIMITED	8.51x	0.97x	4.8x	5.7%	11.38B
Average	10.35x	1.20x	7.34x	1.44%	23.13B
Weighted average by Cap.	12.76x	1.16x	7.33x	1.24%