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.
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.
Air New ZealandASX:AIZ 29 EV-to-EBIT is 38.95 as of Aug. 15, 2026, which is 500% above its 10-year median of 6.49. GuruFocus rates ASX:AIZ with a GF Score™ of 29/100 and a GF Value™ of A$0.54 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 865 Transportation companies, Air New Zealand ranks worse than 92.14% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Air New Zealand's Enterprise Value for the quarter that ended in Dec. 2025 was A$3,526 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$104 Mil.
* 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.
Air New Zealand EV-to-EBIT Related Terms
Air New Zealand EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Air New Zealand's EV-to-EBIT 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 New Zealand's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 New Zealand EV-to-EBIT vs Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Air New Zealand's EV-to-EBIT falls into.
Air New Zealand's current Enterprise Value is A$4,056 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$104 Mil.
* 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.
Air New Zealand (ASX:AIZ) has a EV-to-EBIT of 38.95 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Air New Zealand and its competitors. This is 500% above median its historical median of 6.49. According to the industry distribution chart, Air New Zealand ranks #797 out of 865 companies in the Transportation industry, placing it in the top 92.1%.
Is Air New Zealand's EV-to-EBIT too high?
Air New Zealand's current EV-to-EBIT of 38.95 is 500% above median its 10-year median of 6.49. The Transportation industry median EV-to-EBIT is 12.11. Air New Zealand's value of 38.95 is 221.6% above this industry median. Based on the distribution chart, Air New Zealand ranks #797 out of 865 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air New Zealand has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's EV-to-EBIT compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #797 out of 865 companies for EV-to-EBIT. This places Air New Zealand in the lower half of its industry. The industry median EV-to-EBIT is 12.11. Air New Zealand's value of 38.95 is 221.6% above this benchmark. While the company's 10-year median is 6.49 vs. the industry median of 12.11, Air New Zealand 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 EV-to-EBIT for a Transportation company?
The median EV-to-EBIT among Transportation companies is 12.11, based on 865 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air New Zealand's current EV-to-EBIT of 38.95 is 221.6% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Air New Zealand and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current EV-to-EBIT is 38.95, which is 500% above median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ASX:AIZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.54, compared to a current price of A$0.35 — trading 35.2% below its estimated fair value. The current EV-to-EBIT is 38.95, which is 500% above median its 10-year median of 6.49 and 221.6% above the Transportation industry median of 12.11. Air New Zealand's overall GF Score™ is 29/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Air New Zealand (ASX:AIZ), the current EV-to-EBIT is 38.95 as of Aug. 15, 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 New Zealand (ASX:AIZ) Overvalued in 2026?
Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued.
The current stock price of A$0.35 is trading 35.2% below its estimated GF Value™ of A$0.54.
GuruFocus considers Air New Zealand to be Possible Value Trap.
Key valuation signals for ASX:AIZ:
EV-to-EBIT: 38.95 (500% above median its 10-year median of 6.49)
GF Value™: A$0.54 vs. price of A$0.35 (35.2% below fair value)
Industry Position: 221.6% above the Transportation median (#797 of 865)
No single metric tells the full story. See the ASX:AIZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
29GF Score
Get the complete analysis for ASX:AIZ
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AIZ has been successfully added to your 
