Air New Zealand Ltd
NZX:AIR

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Air New Zealand Ltd
NZX:AIR
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Price: 0.535 NZD 0.94% Market Closed
Market Cap: 1.8B NZD
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Relative Value

The Relative Value of one AIR stock under the Base Case scenario is 0.934 NZD. Compared to the current market price of 0.535 NZD, Air New Zealand Ltd is Undervalued by 43%.

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.

AIR Relative Value
Base Case
0.934 NZD
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
88
vs Industry
58
Median 3Y
0.5
Median 5Y
0.5
Industry
0.5
Forward
0.3
vs History
6
vs Industry
40
Median 3Y
-2.9
Median 5Y
-3
Industry
9.5
Forward
25
vs History
44
vs Industry
67
Median 3Y
2.2
Median 5Y
2.2
Industry
3.5
vs History
vs Industry
31
Median 3Y
2.7
Median 5Y
2.7
Industry
10.3
vs History
84
vs Industry
58
Median 3Y
1.3
Median 5Y
1.3
Industry
2.2
vs History
88
vs Industry
82
Median 3Y
0.7
Median 5Y
0.9
Industry
0.9
Forward
0.4
vs History
84
vs Industry
81
Median 3Y
1.3
Median 5Y
1.7
Industry
3.1
vs History
7
vs Industry
39
Median 3Y
-4.6
Median 5Y
-5.4
Industry
6.6
Forward
3.3
vs History
7
vs Industry
48
Median 3Y
-4.6
Median 5Y
-5.4
Industry
10.4
Forward
22.3
vs History
47
vs Industry
75
Median 3Y
3.5
Median 5Y
3.5
Industry
6.5
vs History
3
vs Industry
59
Median 3Y
14.7
Median 5Y
14.1
Industry
10.3
vs History
88
vs Industry
81
Median 3Y
0.5
Median 5Y
0.6
Industry
0.8

Multiples Across Competitors

AIR Competitors Multiples
Air New Zealand Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Air New Zealand Ltd
NZX:AIR
1.8B NZD 0.3 12.3 12.5 12.5
US
Delta Air Lines Inc
NYSE:DAL
40.9B USD 0.7 8.8 5.6 9.2
US
United Airlines Holdings Inc
NASDAQ:UAL
31.3B USD 0.6 11.3 8.4 8.4
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
US
Southwest Airlines Co
NYSE:LUV
19.2B USD 0.7 -390.9 11.4 -41.1
IN
Interglobe Aviation Ltd
NSE:INDIGO
1.6T INR 2.2 24.1 10.2 18.7
CN
Air China Ltd
SSE:601111
116.3B CNY 0.7 -307.7 254.5 254.5
UK
International Consolidated Airlines Group SA
LSE:IAG
12.1B GBP 0.4 5.5 56.9 91.1
SG
Singapore Airlines Ltd
SGX:C6L
18.9B SGD 1 7.1 3.9 7
CN
China Southern Airlines Co Ltd
SSE:600029
88.7B CNY 0.5 -24.9 56.1 56.1

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