Air Canada
TSX:AC

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Air Canada
TSX:AC
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Price: 24.2 CAD 1% Market Closed
Market Cap: 8.7B CAD
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Relative Value

The Relative Value of one AC stock under the Base Case scenario is 43.15 CAD. Compared to the current market price of 24.2 CAD, Air Canada is Undervalued by 44%.

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.

AC Relative Value
Base Case
43.15 CAD
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
61
Median 3Y
0.4
Median 5Y
0.5
Industry
0.5
Forward
0.4
vs History
23
vs Industry
54
Median 3Y
-1.9
Median 5Y
-1.7
Industry
9.5
Forward
10.8
vs History
36
vs Industry
62
Median 3Y
1.6
Median 5Y
1.6
Industry
3.5
vs History
vs Industry
38
Median 3Y
-4.9
Median 5Y
-4
Industry
10.3
vs History
52
vs Industry
7
Median 3Y
2.5
Median 5Y
2.8
Industry
2.2
vs History
77
vs Industry
80
Median 3Y
0.7
Median 5Y
0.8
Industry
0.9
Forward
0.5
vs History
82
vs Industry
87
Median 3Y
1.3
Median 5Y
1.4
Industry
3.1
vs History
31
vs Industry
69
Median 3Y
2.8
Median 5Y
2.6
Industry
6.6
Forward
3
vs History
22
vs Industry
61
Median 3Y
4.2
Median 5Y
-2.9
Industry
10.4
Forward
7.6
vs History
47
vs Industry
69
Median 3Y
2.6
Median 5Y
2.5
Industry
6.5
vs History
34
vs Industry
54
Median 3Y
4.1
Median 5Y
3.8
Industry
10.3
vs History
76
vs Industry
71
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8

Multiples Across Competitors

AC Competitors Multiples
Air Canada Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Air Canada
TSX:AC
8.7B CAD 0.4 3.4 3.3 6.9
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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