ANA Holdings (LTS:0Q09) EBITDA per Share: CHF4.14 (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0Q09 ANA Holdings Inc LTS:0Q09
81 GF Score
Price CHF23.47
GF Value CHF26.50
! 2 Warning Signs
View Full Analysis

What is ANA Holdings EBITDA per Share?

ANA Holdings LTS:0Q09 81 EBITDA per Share is CHF4.14 as of Mar. 2026. GuruFocus rates LTS:0Q09 with a GF Score™ of 81/100 and a GF Value™ of CHF26.50. The stock has 2 warning signs investors should review. Among 867 Transportation companies, ANA Holdings ranks better than 67.59% on this metric.

ANA Holdings's EBITDA per Share for the three months ended in Mar. 2026 was CHF1.79. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF4.14.

During the past 12 months, the average EBITDA per Share Growth Rate of ANA Holdings was 12.50% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 12.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for ANA Holdings's EBITDA per Share or its related term are showing as below:

LTS:0Q09' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -72.4   Med: 6.45   Max: 225.6
Current: 12.9

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of ANA Holdings was 225.60% per year. The lowest was -72.40% per year. And the median was 6.45% per year.

LTS:0Q09's 3-Year EBITDA Growth Rate is ranked better than
67.59% of 867 companies
in the Transportation industry
Industry Median: 4.8 vs LTS:0Q09: 12.90

ANA Holdings's EBITDA for the three months ended in Mar. 2026 was CHF941 Mil.

During the past 12 months, the average EBITDA Growth Rate of ANA Holdings was 12.60% per year. During the past 3 years, the average EBITDA Growth Rate was 12.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of ANA Holdings was 238.10% per year. The lowest was -69.10% per year. And the median was 8.90% per year.


ANA Holdings  (LTS:0Q09) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


ANA Holdings EBITDA per Share Related Terms


ANA Holdings EBITDA per Share Historical Data

* Premium members only.

The historical data trend for ANA Holdings's EBITDA per Share 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.

ANA Holdings EBITDA per Share Chart

ANA Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 3.81 4.24 4.17 3.93

ANA Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 0.50 1.58 0.26 1.79
LTS:0Q09
81GF Score
ANA Holdings Inc LTS:0Q09
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ANA Holdings EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

ANA Holdings's EBITDA per Share for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA per Share(A: Mar. 2026 )
=EBITDA/Shares Outstanding (Diluted Average)
=2069.436/526.435
=3.93

ANA Holdings's EBITDA per Share for the quarter that ended in Mar. 2026 is calculated as

EBITDA per Share(Q: Mar. 2026 )
=EBITDA/Shares Outstanding (Diluted Average)
=941.177/526.435
=1.79

EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF4.14

* 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.

Frequently Asked Questions Learn more about EBITDA per Share →
What does a EBITDA per Share of CHF4.14 mean?
ANA Holdings (LTS:0Q09) has a EBITDA per Share of CHF4.14 as of Mar. 2026. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on ANA Holdings and its competitors. According to the industry distribution chart, ANA Holdings ranks #281 out of 867 companies in the Transportation industry, placing it in the top 32.4%.
Is ANA Holdings' EBITDA per Share too high?
ANA Holdings' current EBITDA per Share is CHF4.14. Based on the distribution chart, ANA Holdings ranks #281 out of 867 companies in the Transportation industry, which is above the industry midpoint. Overall, ANA Holdings has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ANA Holdings' EBITDA per Share compare to DAL and UAL?
According to the Transportation industry distribution chart, ANA Holdings ranks #281 out of 867 companies for EBITDA per Share. This puts ANA Holdings in the upper half of its industry. The industry median EBITDA per Share is 4.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for a Transportation company?
The median EBITDA per Share among Transportation companies is 4.80, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on ANA Holdings and its competitors. For the Transportation industry, the median EBITDA per Share is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANA Holdings's current EBITDA per Share is CHF4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANA Holdings stock overvalued right now?
ANA Holdings (LTS:0Q09) has a current EBITDA per Share of CHF4.14. The stock's GF Value™ is CHF26.50, compared to a current price of CHF23.47 — trading 11.5% below its estimated fair value. The current EBITDA per Share is CHF4.14. ANA Holdings' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For ANA Holdings (LTS:0Q09), the current EBITDA per Share is CHF4.14 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 ANA Holdings (LTS:0Q09) Overvalued in 2026?

Based on GuruFocus' analysis, ANA Holdings stock appears to be undervalued. The current stock price of CHF23.47 is trading 11.5% below its estimated GF Value™ of CHF26.50.

Key valuation signals for LTS:0Q09:

  • EBITDA per Share: CHF4.14
  • GF Value™: CHF26.50 vs. price of CHF23.47 (11.5% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the LTS:0Q09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ANA Holdings Business Description

Address 1-5-2 Higashi-Shinbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7140
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. Air Japan, which was launched to provide discount flights to Southeast Asia, will cease in 2026. Prior to covid-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.
81GF Score

Get the complete analysis for LTS:0Q09

EBITDA per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF23.47
Price
CHF26.50
GF Value