Virgin Australia Holdings (ASX:VGN) EV-to-EBIT: 4.94 (As of Aug. 15, 2026) — 31% Below Median

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ASX:VGN Virgin Australia Holdings Ltd ASX:VGN
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What is Virgin Australia Holdings EV-to-EBIT?

Virgin Australia Holdings ASX:VGN 4 EV-to-EBIT is 4.94 as of Aug. 15, 2026, which is 31% below its 10-year median of 7.20. GuruFocus rates ASX:VGN with a GF Score™ of 4/100. The stock has 5 warning signs investors should review. Among 865 Transportation companies, Virgin Australia Holdings ranks better than 88.44% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Virgin Australia Holdings's Enterprise Value is A$3,130 Mil. Virgin Australia Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$633 Mil. Therefore, Virgin Australia Holdings's EV-to-EBIT for today is 4.94.

The historical rank and industry rank for Virgin Australia Holdings's EV-to-EBIT or its related term are showing as below:

ASX:VGN' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.65   Med: 7.2   Max: 8.11
Current: 4.94

During the past 3 years, the highest EV-to-EBIT of Virgin Australia Holdings was 8.11. The lowest was 3.65. And the median was 7.20.

ASX:VGN's EV-to-EBIT is ranked better than
88.44% of 865 companies
in the Transportation industry
Industry Median: 12.11 vs ASX:VGN: 4.94

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Virgin Australia Holdings's Enterprise Value for the quarter that ended in Dec. 2025 was A$3,726 Mil. Virgin Australia Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$633 Mil. Virgin Australia Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.99%.


Virgin Australia Holdings  (ASX:VGN) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Virgin Australia Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=633.2/3726.4
=16.99 %

Virgin Australia Holdings's Enterprise Value for the quarter that ended in Dec. 2025 was A$3,726 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Virgin Australia Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$633 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.


Virgin Australia Holdings EV-to-EBIT Related Terms


Virgin Australia Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Virgin Australia Holdings'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.

Virgin Australia Holdings EV-to-EBIT Chart

Virgin Australia Holdings Annual Data
Trend Jun23 Jun24 Jun25
EV-to-EBIT
0.00 0.00 7.48

Virgin Australia Holdings Semi-Annual Data
Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial 0.00 0.00 0.00 7.48 0.00

ASX:VGN vs DAL, UAL, LUV: EV-to-EBIT Comparison

For the Airlines subindustry, Virgin Australia Holdings'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.


Virgin Australia Holdings EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Virgin Australia Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Virgin Australia Holdings's EV-to-EBIT falls into.


ASX:VGN
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Virgin Australia Holdings Ltd ASX:VGN
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Virgin Australia Holdings EV-to-EBIT Calculation

Virgin Australia Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3130.353/633.2
=4.94

Virgin Australia Holdings's current Enterprise Value is A$3,130 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Virgin Australia Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$633 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 4.94 mean?
Virgin Australia Holdings (ASX:VGN) has a EV-to-EBIT of 4.94 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Virgin Australia Holdings and its competitors. This is 31% below median its historical median of 7.20. Over the past decade, Virgin Australia Holdings' EV-to-EBIT has ranged from 3.65 to 8.11. According to the industry distribution chart, Virgin Australia Holdings ranks #100 out of 865 companies in the Transportation industry, placing it in the top 11.6%.
Is Virgin Australia Holdings' EV-to-EBIT too high?
Virgin Australia Holdings' current EV-to-EBIT of 4.94 is 31% below median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 8.11. The Transportation industry median EV-to-EBIT is 12.11. Virgin Australia Holdings' value of 4.94 is 59.2% below this industry median. Based on the distribution chart, Virgin Australia Holdings ranks #100 out of 865 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Virgin Australia Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Virgin Australia Holdings' EV-to-EBIT compare to DAL and UAL?
According to the Transportation industry distribution chart, Virgin Australia Holdings ranks #100 out of 865 companies for EV-to-EBIT. This places Virgin Australia Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 12.11. Virgin Australia Holdings' value of 4.94 is 59.2% below this benchmark. Historically, Virgin Australia Holdings' own EV-to-EBIT has ranged from 3.65 to 8.11 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 12.11, Virgin Australia Holdings has consistently been below 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. Virgin Australia Holdings's current EV-to-EBIT of 4.94 is 59.2% below 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 Virgin Australia Holdings 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. Virgin Australia Holdings's current EV-to-EBIT is 4.94, which is 31% below median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virgin Australia Holdings stock overvalued right now?
Virgin Australia Holdings (ASX:VGN) has a current EV-to-EBIT of 4.94. The current EV-to-EBIT is 4.94, which is 31% below median its 10-year median of 7.20 and 59.2% below the Transportation industry median of 12.11. Virgin Australia Holdings' overall GF Score™ is 4/100 with 5 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 Virgin Australia Holdings (ASX:VGN), the current EV-to-EBIT is 4.94 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.

Virgin Australia Holdings Business Description

Address 275 Grey Street, Level 11, South Brisbane, Brisbane, QLD, AUS, 4101
Virgin Australia is Australia's second-largest airline, operating about a third of the domestic market in a two-player market with Qantas. Virgin is a value-focused carrier operating high-frequency, point-to-point domestic routes and select short-haul international flights. The airline targets leisure and small to medium enterprise travelers with mid-range pricing. The vast majority of revenue is generated by the core airlines segment.
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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