CHEAF (China Eastern Airlines) EV-to-EBIT: 37.86 (As of Aug. 08, 2026) — 193% Above Median

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Director of Data and Quant Analytics at GuruFocus
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CHEAF China Eastern Airlines Corp Ltd CHEAF
56 GF Score
Price $0.40
GF Value $0.66
Valuation Possible Value Trap
! 5 Warning Signs
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What is China Eastern Airlines EV-to-EBIT?

China Eastern Airlines CHEAF 56 EV-to-EBIT is 37.86 as of Aug. 08, 2026, which is 193% above its 10-year median of 12.91. GuruFocus rates CHEAF with a GF Score™ of 56/100 and a GF Value™ of $0.66 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 862 Transportation companies, China Eastern Airlines ranks worse than 89.33% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Eastern Airlines's Enterprise Value is $35,994 Mil. China Eastern Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $951 Mil. Therefore, China Eastern Airlines's EV-to-EBIT for today is 37.86.

The historical rank and industry rank for China Eastern Airlines's EV-to-EBIT or its related term are showing as below:

CHEAF' s EV-to-EBIT Range Over the Past 10 Years
Min: -195.41   Med: 12.91   Max: 9328.85
Current: 36.18

During the past 13 years, the highest EV-to-EBIT of China Eastern Airlines was 9328.85. The lowest was -195.41. And the median was 12.91.

CHEAF's EV-to-EBIT is ranked worse than
89.33% of 862 companies
in the Transportation industry
Industry Median: 12.245 vs CHEAF: 36.18

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China Eastern Airlines's Enterprise Value for the quarter that ended in Mar. 2026 was $36,760 Mil. China Eastern Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $951 Mil. China Eastern Airlines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.59%.


China Eastern Airlines  (OTCPK:CHEAF) 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) %.

China Eastern Airlines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=950.798/36759.9520655
=2.59 %

China Eastern Airlines's Enterprise Value for the quarter that ended in Mar. 2026 was $36,760 Mil.
China Eastern Airlines's EBIT 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 $951 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.


China Eastern Airlines EV-to-EBIT Related Terms


China Eastern Airlines EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for China Eastern Airlines'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.

China Eastern Airlines EV-to-EBIT Chart

China Eastern Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.16 -9.04 -122.51 212.43 68.21

China Eastern Airlines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 510.13 128.36 107.89 68.21 38.55

CHEAF vs DAL, UAL, LUV: EV-to-EBIT Comparison

For the Airlines subindustry, China Eastern Airlines'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.


China Eastern Airlines EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, China Eastern Airlines's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Eastern Airlines's EV-to-EBIT falls into.


CHEAF
56GF Score
China Eastern Airlines Corp Ltd CHEAF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Eastern Airlines EV-to-EBIT Calculation

China Eastern Airlines's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=35993.850/950.798
=37.86

China Eastern Airlines's current Enterprise Value is $35,994 Mil.
China Eastern Airlines's EBIT 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 $951 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 37.86 mean?
China Eastern Airlines (CHEAF) has a EV-to-EBIT of 37.86 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on China Eastern Airlines and its competitors. This is 193% above median its historical median of 12.91. According to the industry distribution chart, China Eastern Airlines ranks #770 out of 862 companies in the Transportation industry, placing it in the top 89.3%.
Is China Eastern Airlines' EV-to-EBIT too high?
China Eastern Airlines' current EV-to-EBIT of 37.86 is 193% above median its 10-year median of 12.91. The Transportation industry median EV-to-EBIT is 12.25. China Eastern Airlines' value of 37.86 is 209.2% above this industry median. Based on the distribution chart, China Eastern Airlines ranks #770 out of 862 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Eastern Airlines has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Eastern Airlines' EV-to-EBIT compare to DAL and UAL?
According to the Transportation industry distribution chart, China Eastern Airlines ranks #770 out of 862 companies for EV-to-EBIT. This places China Eastern Airlines in the lower half of its industry. The industry median EV-to-EBIT is 12.25. China Eastern Airlines' value of 37.86 is 209.2% above this benchmark. While the company's 10-year median is 12.91 vs. the industry median of 12.25, China Eastern Airlines 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 12.25, based on 862 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. China Eastern Airlines's current EV-to-EBIT of 37.86 is 209.2% 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 China Eastern Airlines and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current EV-to-EBIT is 37.86, which is 193% above median its own 10-year median of 12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Eastern Airlines stock overvalued right now?
Based on GuruFocus' analysis, China Eastern Airlines (CHEAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.66, compared to a current price of $0.40 — trading 39.7% below its estimated fair value. The current EV-to-EBIT is 37.86, which is 193% above median its 10-year median of 12.91 and 209.2% above the Transportation industry median of 12.25. China Eastern Airlines' overall GF Score™ is 56/100 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 China Eastern Airlines (CHEAF), the current EV-to-EBIT is 37.86 as of Aug. 08, 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 China Eastern Airlines (CHEAF) Overvalued in 2026?

Based on GuruFocus' analysis, China Eastern Airlines stock appears to be undervalued. The current stock price of $0.40 is trading 39.7% below its estimated GF Value™ of $0.66. GuruFocus considers China Eastern Airlines to be Possible Value Trap.

Key valuation signals for CHEAF:

  • EV-to-EBIT: 37.86 (193% above median its 10-year median of 12.91)
  • GF Value™: $0.66 vs. price of $0.40 (39.7% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 209.2% above the Transportation median (#770 of 862)

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


China Eastern Airlines Business Description

Address 36 Hongxiang 3rd Road, Minhang District, Shanghai, CHN, 201100
China Eastern Airlines Corp Ltd principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services, also manufacturing and maintenance of aircraft and aviation equipment, agency services, import and export business, tourism and hotel business; and other businesses related to air transportation. The Group has two reportable segments. Airline transportation operations mainly comprise the provision of passenger, cargo, mail delivery, and ground services. Other services, including tour operations, air catering, and other miscellaneous services, are not included within the airline transportation operations segment. Geographically, the company operates Domestic, Regional and International.
56GF Score

Get the complete analysis for CHEAF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.40
Price
$0.66
GF Value