Air Asia Co (TPE:2630) EV-to-EBIT: 69.35 (As of Aug. 29, 2026) — 41% Above Median

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.

TPE:2630 Air Asia Co Ltd TPE:2630
78 GF Score
Price NT$51.80
GF Value NT$37.46
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Air Asia Co EV-to-EBIT?

Air Asia Co TPE:2630 -1.71% 78 EV-to-EBIT is 69.35 as of Aug. 29, 2026, which is 41% above its 10-year median of 49.21. GuruFocus rates TPE:2630 with a GF Score™ of 78/100 and a GF Value™ of NT$37.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 256 Aerospace & Defense companies, Air Asia Co ranks worse than 84.77% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air Asia Co's Enterprise Value is NT$12,430 Mil. Air Asia Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$179 Mil. Therefore, Air Asia Co's EV-to-EBIT for today is 69.35.

The historical rank and industry rank for Air Asia Co's EV-to-EBIT or its related term are showing as below:

TPE:2630' s EV-to-EBIT Range Over the Past 10 Years
Min: -216.36   Med: 49.21   Max: 424.07
Current: 69.35

During the past 13 years, the highest EV-to-EBIT of Air Asia Co was 424.07. The lowest was -216.36. And the median was 49.21.

TPE:2630's EV-to-EBIT is ranked worse than
84.77% of 256 companies
in the Aerospace & Defense industry
Industry Median: 27.56 vs TPE:2630: 69.35

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Air Asia Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$11,812 Mil. Air Asia Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$179 Mil. Air Asia Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.52%.


Air Asia Co  (TPE:2630) 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) %.

Air Asia Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=179.23/11812.2603
=1.52 %

Air Asia Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$11,812 Mil.
Air Asia Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$179 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 Asia Co EV-to-EBIT Related Terms


Air Asia Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Air Asia Co'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.

Air Asia Co EV-to-EBIT Chart

Air Asia Co 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 45.82 99.78 81.55 43.63 40.11

Air Asia Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 34.64 42.44 40.11 39.14 65.91

TPE:2630 vs SPCX, GE, RTX: EV-to-EBIT Comparison

For the Aerospace & Defense subindustry, Air Asia Co'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 Asia Co EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Air Asia Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Air Asia Co's EV-to-EBIT falls into.


TPE:2630
78GF Score
Air Asia Co Ltd TPE:2630
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Asia Co EV-to-EBIT Calculation

Air Asia Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12430.102/179.23
=69.35

Air Asia Co's current Enterprise Value is NT$12,430 Mil.
Air Asia Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$179 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 69.35 mean?
Air Asia Co (TPE:2630) has a EV-to-EBIT of 69.35 as of Aug. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Air Asia Co and its competitors. This is 41% above median its historical median of 49.21. According to the industry distribution chart, Air Asia Co ranks #217 out of 256 companies in the Aerospace & Defense industry, placing it in the top 84.8%.
Is Air Asia Co's EV-to-EBIT too high?
Air Asia Co's current EV-to-EBIT of 69.35 is 41% above median its 10-year median of 49.21. The Aerospace & Defense industry median EV-to-EBIT is 27.56. Air Asia Co's value of 69.35 is 151.6% above this industry median. Based on the distribution chart, Air Asia Co ranks #217 out of 256 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Air Asia Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's EV-to-EBIT compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #217 out of 256 companies for EV-to-EBIT. This places Air Asia Co in the lower half of its industry. The industry median EV-to-EBIT is 27.56. Air Asia Co's value of 69.35 is 151.6% above this benchmark. While the company's 10-year median is 49.21 vs. the industry median of 27.56, Air Asia Co 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 an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 27.56, based on 256 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 Asia Co's current EV-to-EBIT of 69.35 is 151.6% 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 Asia Co and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 27.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current EV-to-EBIT is 69.35, which is 41% above median its own 10-year median of 49.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$37.46, compared to a current price of NT$51.80 — trading 38.3% above its estimated fair value. The current EV-to-EBIT is 69.35, which is 41% above median its 10-year median of 49.21 and 151.6% above the Aerospace & Defense industry median of 27.56. Air Asia Co's overall GF Score™ is 78/100 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 Air Asia Co (TPE:2630), the current EV-to-EBIT is 69.35 as of Aug. 29, 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 Asia Co (TPE:2630) Overvalued in 2026?

Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued. The current stock price of NT$51.80 is trading 38.3% above its estimated GF Value™ of NT$37.46. GuruFocus considers Air Asia Co to be Significantly Overvalued.

Key valuation signals for TPE:2630:

  • EV-to-EBIT: 69.35 (41% above median its 10-year median of 49.21)
  • GF Value™: NT$37.46 vs. price of NT$51.80 (38.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 151.6% above the Aerospace & Defense median (#217 of 256)

No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Asia Co Business Description

Address Jichang Road, No. 1050, Rende District, Next to Tainan Airport, Tainan Terminal, Tainan, TWN, 717206
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
78GF Score

Get the complete analysis for TPE:2630

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

NT$51.80
Price
NT$37.46
GF Value