Valuation Singapore Airlines Limited

Equities

Delayed Singapore S.E. Other stock markets 07:07:25 19/06/2025 BST			5-day change	1st Jan Change
6.820 ^SGD	-0.44%		-2.84%	+6.06%

02:45am	Southeast Asia's budget airlines bet on travel demand, despite competition woes	RE
06-18	Many flights to Indonesia's Bali cancelled after volcano eruption	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	23,696	35,453	36,954	26,484	20,189	20,353	-	-
Change	-	49.62%	4.23%	-28.33%	-23.77%	0.81%	-	-
Enterprise Value (EV) ¹	30,250	37,386	35,965	28,663	24,846	25,470	26,391	23,904
Change	-	23.59%	-3.8%	-20.3%	-13.32%	2.51%	3.62%	-9.43%
P/E ratio	-4.8x	-34x	16.3x	10.4x	7.96x	15.6x	14.7x	15.8x
PBR	1.04x	0.73x	0.86x	1.17x	1.29x	1.29x	1.26x	1.25x
PEG	-	0.4x	-0x	0.1x	0.2x	-0.3x	2.48x	-2.33x
Capitalization / Revenue	6.21x	4.66x	2.08x	1.39x	1.03x	1.06x	1.02x	0.99x
EV / Revenue	7.93x	4.91x	2.02x	1.51x	1.27x	1.32x	1.32x	1.17x
EV / EBITDA	-81.6x	28.7x	7x	5.08x	6.07x	6.35x	6.22x	5.68x
EV / EBIT	-12x	-61.3x	13.4x	10.5x	14.5x	15.6x	16.2x	15.3x
EV / FCF	-5.05x	-5,192x	4.78x	7.5x	8.45x	467x	125x	13.2x
FCF Yield	-19.8%	-0.02%	20.9%	13.3%	11.8%	0.21%	0.8%	7.55%
Dividend per Share ²	-	-	0.38	0.48	0.4	0.2634	0.2536	0.2293
Rate of return	-	-	6.63%	7.5%	5.89%	3.84%	3.7%	3.35%
EPS ²	-1.156	-0.162	0.351	0.614	0.853	0.4403	0.4664	0.4347
Distribution rate	-	-	108%	78.2%	46.9%	59.8%	54.4%	52.8%
Net sales ¹	3,816	7,615	17,775	19,013	19,540	19,275	19,969	20,515
EBITDA ¹	-370.8	1,301	5,137	5,648	4,090	4,014	4,240	4,210
EBIT ¹	-2,512	-609.7	2,692	2,728	1,709	1,636	1,627	1,559
Net income ¹	-4,271	-962	2,157	2,675	2,778	1,318	1,407	1,308
Net Debt ¹	6,554	1,932	-988.3	2,179	4,657	5,117	6,038	3,551
Reference price ²	5.550	5.500	5.730	6.400	6.790	6.850	6.850	6.850
Nbr of stocks (in thousands)	4,269,600	6,446,082	6,449,164	4,138,150	2,973,273	2,971,233	-	-
Announcement Date	19/05/21	18/05/22	16/05/23	15/05/24	15/05/25	-	-	-

¹SGD in Million²SGD

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.($)
SINGAPORE AIRLINES LIMITED	15.56x	1.32x	6.35x	3.84%	15.86B
DELTA AIR LINES, INC.	8.62x	0.77x	5.97x	1.32%	31.05B
RYANAIR HOLDINGS PLC	12.18x	1.54x	6.64x	1.89%	28.86B
UNITED AIRLINES HOLDINGS, INC.	7.23x	0.75x	5.47x	-.--%	24.27B
INTERGLOBE AVIATION LIMITED	29.05x	2.83x	12.7x	0.25%	23.58B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	5.92x	0.73x	3.41x	2.92%	20.13B
AIR CHINA LIMITED	26.45x	1.8x	8.55x	0.01%	17.07B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	20.54x	1.67x	7.72x	0.12%	13.13B
CHINA EASTERN AIRLINES CORPORATION LIMITED	43.52x	1.82x	7.66x	-.--%	11.44B
LATAM AIRLINES GROUP S.A.	8.62x	1.15x	4.35x	-.--%	11.51B
Average	17.77x	1.44x	6.88x	1.04%	19.69B
Weighted average by Cap.	16.07x	1.40x	6.92x	1.13%