Company Valuation: Alaska Air Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,529 5,446 5,003 8,220 5,834 4,274 - -
Change - -16.58% -8.14% 64.29% -29.02% -26.74% - -
Enterprise Value (EV) 1 7,499 6,904 7,030 10,649 9,266 9,784 10,020 9,249
Change - -7.92% 1.82% 51.47% -12.98% 5.58% 2.42% -7.69%
P/E 13.8x 95.4x 21.3x 21x 60.6x -7.85x 10.8x 5.25x
PBR 1.73x 1.44x 1.2x 1.82x 1.41x 1.21x 1.14x 0.92x
PEG - -1.1x 0x 0.3x -0.8x 0x -0x 0x
Capitalization / Revenue 1.06x 0.56x 0.48x 0.7x 0.41x 0.27x 0.25x 0.23x
EV / Revenue 1.21x 0.72x 0.67x 0.91x 0.65x 0.62x 0.58x 0.51x
EV / EBITDA 20.8x 4.82x 4.65x 6.45x 5.81x 16.1x 5.57x 3.46x
EV / EBIT -26.1x 9.51x 8.24x 12.4x 16.8x -19.6x 16.3x 6.86x
EV / FCF 10.2x -27.3x -15.8x 58.2x -27.3x -9.81x -135x 17.8x
FCF Yield 9.84% -3.66% -6.32% 1.72% -3.66% -10.2% -0.74% 5.63%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.77 0.45 1.83 3.08 0.83 -4.88 3.53 7.3
Distribution rate - - - - - - - -
Net sales 1 6,176 9,646 10,426 11,735 14,239 15,786 17,384 18,236
EBITDA 1 361 1,432 1,512 1,651 1,595 609.4 1,800 2,669
EBIT 1 -287 726 853 861 550 -500.4 614.4 1,347
Net income 1 478 58 235 395 100 -616.5 360.6 1,083
Net Debt 1 970 1,458 2,027 2,429 3,432 5,509 5,746 4,975
Reference price 2 52.10 42.94 39.07 64.75 50.30 38.29 38.29 38.29
Nbr of stocks (in thousands) 125,311 126,838 128,053 126,945 115,989 111,631 - -
Announcement Date 27/01/22 26/01/23 25/01/24 22/01/25 22/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-7.85x0.62x16.05x-.--% 4.27B
16.84x0.91x8.14x0.95% 54.59B
12.84x0.77x7.68x-.--% 35.49B
14.05x1.42x6.6x1.71% 28.29B
8.13x0.8x3.88x2.13% 24.37B
17.7x0.78x7.6x1.64% 21.52B
117.78x2.16x13.34x0.07% 20.09B
31.23x1.09x5.98x3.43% 16.74B
-10.28x1.63x12.95x-.--% 16.19B
9.02x1.08x4.55x3.64% 12.95B
Average 20.95x 1.13x 8.68x 1.36% 23.45B
Weighted average by Cap. 21.99x 1.10x 7.96x 1.25%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Alaska Air Group, Inc.

Historical PBR trend

Valuation ratios - PBR - Alaska Air Group, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Alaska Air Group, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Alaska Air Group, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Alaska Air Group, Inc.
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