Singapore Airlines Ltd
SGX:C6L
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (4.1), the stock would be worth S$5.08 (22% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.3 | S$6.54 |
0%
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| 3-Year Average | 4.1 | S$5.08 |
-22%
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| 5-Year Average | 5.1 | S$6.24 |
-5%
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| Industry Average | 5.2 | S$6.37 |
-3%
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| Country Average | 9.1 | S$11.16 |
+71%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
S$24.2B
|
/ |
Oct 2025
S$4.2B
|
= |
|
|
S$24.2B
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/ |
Mar 2026
S$4.4B
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= |
|
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S$24.2B
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/ |
Mar 2027
S$4.5B
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= |
|
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S$24.2B
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/ |
Mar 2028
S$4.5B
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= |
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S$24.2B
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/ |
Mar 2029
S$4.2B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| SG |
|
Singapore Airlines Ltd
SGX:C6L
|
20.4B SGD | 5.3 | 9 | |
| BR |
|
Gol Linhas Aereas Inteligentes SA
BOVESPA:GOLL4
|
11.7T BRL | 4 512.8 | -2.1 | |
| US |
|
Delta Air Lines Inc
NYSE:DAL
|
46.8B USD | 9.2 | 10.4 | |
| US |
|
United Airlines Holdings Inc
NASDAQ:UAL
|
32B USD | 8.1 | 9.5 | |
| UK |
|
International Consolidated Airlines Group SA
LSE:IAG
|
18.7B GBP | 3.1 | 6.4 | |
| CH |
|
Kinarus Therapeutics Holding AG
SIX:KNRS
|
19.5B CHF | -1 404.9 | -1 404.3 | |
| US |
|
Southwest Airlines Co
NYSE:LUV
|
21.6B USD | 11.5 | 48.9 | |
| IE |
R
|
Ryanair Holdings PLC
LSE:RYA
|
15.4B EUR | 4.5 | 8 | |
| IN |
|
Interglobe Aviation Ltd
NSE:INDIGO
|
1.8T INR | 9.2 | 56.3 | |
| CN |
|
Air China Ltd
SSE:601111
|
123.5B CNY | -657.2 | -69.8 | |
| CL |
|
LATAM Airlines Group SA
SGO:LTM
|
14T CLP | 9.1 | 11 |
Market Distribution
| Min | 0 |
| 30th Percentile | 5.3 |
| Median | 9.1 |
| 70th Percentile | 17.7 |
| Max | 4 149.6 |
Other Multiples
Singapore Airlines Ltd
Glance View
In the heart of Asia, amidst the bustling city-state of Singapore, Singapore Airlines Ltd. emerges as a beacon of excellence in the world of aviation. This storied airline, with roots tracing back to its inception in the 1940s as part of the Malayan Airways, has charted an exceptional trajectory, fueled by a commitment to innovation and unparalleled customer service. At the core of its business model lies a sophisticated global network of routes, connecting passengers to over 130 destinations worldwide. Singapore Airlines makes its money by offering a blend of premium and budget-friendly travel options through its subsidiary, Scoot, strategically catering to diverse markets. This dual-brand strategy allows the company to tap into both high-end luxury travel and cost-conscious passenger segments, optimizing its revenue streams. Beyond passenger services, Singapore Airlines also diversifies its income through lucrative cargo operations and a suite of auxiliary services, including aircraft maintenance, repair, and overhaul through its SIA Engineering Company. By nurturing strategic alliances and codeshare partnerships, the airline enhances connectivity and operational efficiency, further anchoring its financial robustness. Known for industry-leading in-flight experiences, Singapore Airlines consistently garners accolades for exceptional service, leveraging its reputation to command higher yields. Investments in fleet modernization ensure fuel efficiency and environmental consciousness, aligning with global sustainability trends. Together, these elements create a well-oiled enterprise that weathers the volatile airline industry with resilience and innovation, showcasing a business that not only transports passengers but elevates the art of flying.