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Air ChinaAIRYY 69 Debt-to-EBITDA is 17.45 as of Mar. 2026, which is 210% above its 10-year median of 5.63. GuruFocus rates AIRYY with a GF Score™ of 69/100 and a GF Value™ of $15.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 869 Transportation companies, Air China ranks worse than 98.5% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Air China's Debt-to-EBITDA or its related term are showing as below:
AIRYY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.79 Med: 5.63 Max: 39.7
Current: 26.97
During the past 13 years, the highest Debt-to-EBITDA Ratio of Air China was 39.70. The lowest was -11.79. And the median was 5.63.
AIRYY's Debt-to-EBITDA is ranked worse than 98.5% of 869
companies
in the Transportation industry
Industry Median: 2.65
vs AIRYY: 26.97
Air China (OTCPK:AIRYY) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Air China Debt-to-EBITDA Related Terms
Air China Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Air China's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Airlines subindustry, Air China's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Air China Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Air China's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Air China's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Air China (AIRYY) has a Debt-to-EBITDA of 17.45 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Air China. This is 210% above median its historical median of 5.63. According to the industry distribution chart, Air China ranks #856 out of 869 companies in the Transportation industry, placing it in the top 98.5%.
Is Air China's Debt-to-EBITDA too high?
Air China's current Debt-to-EBITDA of 17.45 is 210% above median its 10-year median of 5.63. The Transportation industry median Debt-to-EBITDA is 2.65. Air China's value of 17.45 is 558.5% above this industry median. Based on the distribution chart, Air China ranks #856 out of 869 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air China has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air China's Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Air China ranks #856 out of 869 companies for Debt-to-EBITDA. This places Air China in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Air China's value of 17.45 is 558.5% above this benchmark. While the company's 10-year median is 5.63 vs. the industry median of 2.65, Air China has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air China's current Debt-to-EBITDA of 17.45 is 558.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Air China. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air China's current Debt-to-EBITDA is 17.45, which is 210% above median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air China stock overvalued right now?
Based on GuruFocus' analysis, Air China (AIRYY) is currently considered Possible Value Trap. The stock's GF Value™ is $15.71, compared to a current price of $10.40 — trading 33.8% below its estimated fair value. The current Debt-to-EBITDA is 17.45, which is 210% above median its 10-year median of 5.63 and 558.5% above the Transportation industry median of 2.65. Air China's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Air China (AIRYY), the current Debt-to-EBITDA is 17.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air China (AIRYY) Overvalued in 2026?
Based on GuruFocus' analysis, Air China stock appears to be undervalued.
The current stock price of $10.40 is trading 33.8% below its estimated GF Value™ of $15.71.
GuruFocus considers Air China to be Possible Value Trap.
Key valuation signals for AIRYY:
Debt-to-EBITDA: 17.45 (210% above median its 10-year median of 5.63)
GF Value™: $15.71 vs. price of $10.40 (33.8% below fair value)
Industry Position: 558.5% above the Transportation median (#856 of 869)
No single metric tells the full story. See the AIRYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air China Ltd is based in Beijing and principally provides airline and related services, which include aircraft engineering and airport ground handling. The majority of the company's revenue comes from airline operations, with a smaller portion generated from rental income. Company has two segments (a) The airline operations segment which mainly comprises the provision of air passenger and air cargo services; and (b) The other operations segment which comprises the provision of aircraft engineering and other airline-related services. Geographically, majority of its revenue is derived from Mainland China followed by International segment and Hong Kong SAR, Macau SAR and Taiwan.
69GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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