Valuation Qantas Airways Limited

Equities

Market Closed - Australian S.E. Other stock markets 05:18:25 13/03/2026 GMT			5-day change	1st Jan Change
8.610 ^AUD	-0.69%		-3.48%	-17.05%

03-13	APAC Airlines Raise Surcharges, Consolidate Flights on Surging Jet Fuel Prices -- OPIS	DJ
03-13	'Dream holidays' in disarray, trips diverted as travellers count cost of Iran war	RE

Data adjusted to current consolidation scope

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	8,746	8,417	10,697	9,019	15,917	12,760	-	-
Change	-	-3.76%	27.09%	-15.69%	76.49%	-19.83%	-	-
Enterprise Value (EV) ¹	13,355	12,354	13,582	13,125	20,946	19,000	20,323	21,062
Change	-	-7.49%	9.94%	-3.37%	59.59%	-9.29%	6.97%	3.64%
P/E ratio	-5.08x	-9.8x	6.67x	7.71x	10.3x	8.26x	6.69x	6.25x
PBR	17.3x	-44.7x	620x	31.5x	21.3x	8.4x	4.68x	3.21x
PEG	-	0.2x	-0x	-0.4x	0.3x	30.46x	0.3x	0.88x
Capitalization / Revenue	1.47x	0.92x	0.54x	0.41x	0.67x	0.5x	0.48x	0.45x
EV / Revenue	2.25x	1.36x	0.69x	0.6x	0.88x	0.75x	0.76x	0.75x
EV / EBITDA	33.6x	44x	3.06x	3.24x	4.52x	3.77x	3.6x	3.41x
EV / EBIT	-8.76x	-7.93x	5.06x	5.76x	7.94x	6.82x	6.62x	6.38x
EV / FCF	-12.1x	7x	5.39x	23.7x	47.6x	-110x	-39.1x	25.2x
FCF Yield	-8.3%	14.3%	18.6%	4.22%	2.1%	-0.91%	-2.56%	3.97%
Dividend per Share ²	-	-	-	-	0.429	0.432	0.478	0.487
Rate of return	-	-	-	-	3.99%	5.02%	5.55%	5.66%
EPS ²	-0.918	-0.456	0.93	0.759	1.04	1.043	1.287	1.378
Distribution rate	-	-	-	-	41.3%	41.4%	37.1%	35.3%
Net sales ¹	5,934	9,108	19,815	21,939	23,823	25,428	26,692	28,188
EBITDA ¹	397	281	4,445	4,052	4,638	5,043	5,644	6,169
EBIT ¹	-1,525	-1,558	2,682	2,279	2,639	2,784	3,072	3,302
Net income ¹	-1,728	-860	1,744	1,251	1,605	1,606	1,932	2,069
Net Debt ¹	4,609	3,937	2,885	4,106	5,029	6,240	7,563	8,303
Reference price ²	4.660	4.470	6.200	5.850	10.740	8.610	8.610	8.610
Nbr of stocks (in thousands)	1,876,745	1,882,945	1,725,278	1,541,633	1,481,992	1,481,992	-	-
Announcement Date	25/08/21	24/08/22	23/08/23	28/08/24	27/08/25	-	-	-

¹AUD in Million²AUD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
QANTAS AIRWAYS LIMITED	8.26x	0.75x	3.77x	5.02%	8.93B
DELTA AIR LINES, INC.	8.4x	0.8x	5.7x	1.32%	38.18B
RYANAIR HOLDINGS PLC	12.39x	1.59x	6.55x	1.84%	30.76B
UNITED AIRLINES HOLDINGS, INC.	6.88x	0.72x	5.15x	-.--%	28.01B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	5.79x	0.69x	3.04x	3.16%	21.31B
INTERGLOBE AVIATION LIMITED	50.96x	2.18x	10.68x	0.24%	17.38B
AIR CHINA LIMITED	1372.4x	1.77x	9.15x	-.--%	16.8B
SINGAPORE AIRLINES LIMITED	18.77x	1.28x	5.82x	4.17%	16.06B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	92.51x	1.77x	8.73x	0.08%	15.05B
CHINA EASTERN AIRLINES CORPORATION LIMITED	114.61x	1.99x	9.06x	-.--%	14.24B
Average	169.10x	1.35x	6.76x	1.58%	20.67B
Weighted average by Cap.	137.18x	1.28x	6.55x	1.41%