Spring Airlines Co Ltd
SSE:601021

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Spring Airlines Co Ltd
SSE:601021
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Price: 57.19 CNY 0.33% Market Closed
Market Cap: 56B CNY
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Relative Value

The Relative Value of one Spring Airlines Co Ltd stock under the Base Case scenario is 72.43 CNY. Compared to the current market price of 57.19 CNY, Spring Airlines Co Ltd is Undervalued by 21%.

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.

Relative Value
Base Case
72.43 CNY
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.8
P/S
P/S
Price to Sales
2.8
vs History
68
vs Industry
3
Median 3Y
4.4
Median 5Y
4
Industry
0.5
Forward
2.6
More Details
25.6
P/E
P/E
Price to Earnings
25.6
vs History
19
vs Industry
11
Median 3Y
-19.3
Median 5Y
-20.1
Industry
9.2
Forward
19.5
More Details
9.2
P/OCF
P/OCF
Price to OCF
9.2
vs History
71
vs Industry
7
Median 3Y
13.9
Median 5Y
20.1
Industry
3.5
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
5
Median 3Y
-16.9
Median 5Y
-16.9
Industry
10.5
More Details
3.4
P/B
P/B
Price to Book Value
3.4
vs History
46
vs Industry
14
Median 3Y
3.6
Median 5Y
3.4
Industry
2.1
More Details
3.2
EV/S
EV/S
Enterprise Value to Sales
3.2
vs History
71
vs Industry
6
Median 3Y
5
Median 5Y
4.8
Industry
0.9
Forward
2.9
More Details
25.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
25.5
vs History
15
vs Industry
10
Median 3Y
-23.1
Median 5Y
-23.6
Industry
3
More Details
21.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
21.7
vs History
38
vs Industry
15
Median 3Y
19
Median 5Y
19
Industry
6.6
Forward
12
More Details
21.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.7
vs History
38
vs Industry
16
Median 3Y
19
Median 5Y
19
Industry
10.2
Forward
23.8
More Details
10.3
EV/OCF
EV/OCF
Enterprise Value to OCF
10.3
vs History
68
vs Industry
27
Median 3Y
15.5
Median 5Y
23.3
Industry
6.4
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
6
Median 3Y
-11.2
Median 5Y
-12.4
Industry
10
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
33
vs Industry
9
Median 3Y
1.9
Median 5Y
1.9
Industry
0.8
More Details

Multiples Across Competitors

Competitors Multiples
Spring Airlines Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Spring Airlines Co Ltd
SSE:601021
56B CNY 2.8 25.6 21.7 21.7
US
Delta Air Lines Inc
NYSE:DAL
40.4B USD 0.7 8.7 5.5 9.1
US
United Airlines Holdings Inc
NASDAQ:UAL
33.3B USD 0.6 12 8.8 8.8
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
IN
Interglobe Aviation Ltd
NSE:INDIGO
1.8T INR 2.4 26.9 11.3 20.7
US
Southwest Airlines Co
NYSE:LUV
20.6B USD 0.8 -420 12.5 -45.1
CN
Air China Ltd
SSE:601111
134.4B CNY 0.8 -282.3 -430.8 -430.8
UK
International Consolidated Airlines Group SA
LSE:IAG
14.8B GBP 0.5 6.8 57.5 92
CN
China Southern Airlines Co Ltd
SSE:600029
120B CNY 0.7 -33.7 63.3 63.3
SG
Singapore Airlines Ltd
SGX:C6L
19B SGD 1 9.6 4.9 10.5
P/E Multiple
Earnings Growth P/E to Growth
CN
Spring Airlines Co Ltd
SSE:601021
Average P/E: 13.9
25.6
88%
0.3
US
Delta Air Lines Inc
NYSE:DAL
8.7
14%
0.6
US
United Airlines Holdings Inc
NASDAQ:UAL
12
82%
0.1
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.3 N/A N/A
IE
R
Ryanair Holdings PLC
LSE:RYA
8
48%
0.2
IN
Interglobe Aviation Ltd
NSE:INDIGO
26.9
18%
1.5
US
Southwest Airlines Co
NYSE:LUV
Negative Multiple: -420
209%
N/A
CN
Air China Ltd
SSE:601111
Negative Multiple: -282.3 N/A N/A
UK
International Consolidated Airlines Group SA
LSE:IAG
6.8
7%
1
CN
China Southern Airlines Co Ltd
SSE:600029
Negative Multiple: -33.7 N/A N/A
SG
Singapore Airlines Ltd
SGX:C6L
9.6
-50%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Spring Airlines Co Ltd
SSE:601021
Average EV/EBITDA: 21.1
21.7
151%
0.1
US
Delta Air Lines Inc
NYSE:DAL
5.5
23%
0.2
US
United Airlines Holdings Inc
NASDAQ:UAL
8.8
30%
0.3
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
IE
R
Ryanair Holdings PLC
LSE:RYA
4.5
33%
0.1
IN
Interglobe Aviation Ltd
NSE:INDIGO
11.3
45%
0.3
US
Southwest Airlines Co
NYSE:LUV
12.5
87%
0.1
CN
Air China Ltd
SSE:601111
Negative Multiple: -430.8
17 174%
N/A
UK
International Consolidated Airlines Group SA
LSE:IAG
57.5
25%
2.3
CN
China Southern Airlines Co Ltd
SSE:600029
63.3
754%
0.1
SG
Singapore Airlines Ltd
SGX:C6L
4.9
-17%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Spring Airlines Co Ltd
SSE:601021
Average EV/EBIT: 29.1
21.7
56%
0.4
US
Delta Air Lines Inc
NYSE:DAL
9.1
20%
0.5
US
United Airlines Holdings Inc
NASDAQ:UAL
8.8
27%
0.3
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
IE
R
Ryanair Holdings PLC
LSE:RYA
6.8
37%
0.2
IN
Interglobe Aviation Ltd
NSE:INDIGO
20.7
33%
0.6
US
Southwest Airlines Co
NYSE:LUV
Negative Multiple: -45.1
360%
N/A
CN
Air China Ltd
SSE:601111
Negative Multiple: -430.8
7 484%
N/A
UK
International Consolidated Airlines Group SA
LSE:IAG
92
25%
3.6
CN
China Southern Airlines Co Ltd
SSE:600029
63.3
180%
0.4
SG
Singapore Airlines Ltd
SGX:C6L
10.5
-46%
N/A

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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