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Air CanadaACDVF +3.81%84 EV-to-EBITDA is 3.32 as of Jul. 28, 2026, which is 8% below its 10-year median of 3.61. GuruFocus rates ACDVF with a GF Score™ of 84/100 and a GF Value™ of $17.35 (Fairly Valued). The stock has 5 warning signs investors should review. Among 906 Transportation companies, Air Canada ranks better than 89.4% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Air Canada's enterprise value is $8,907 Mil.
Air Canada's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,682 Mil. Therefore, Air Canada's EV-to-EBITDA for today is 3.32.
The historical rank and industry rank for Air Canada's EV-to-EBITDA or its related term are showing as below:
ACDVF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -740.91 Med: 3.61 Max: 74.63
Current: 3.32
During the past 13 years, the highest EV-to-EBITDA of Air Canada was 74.63. The lowest was -740.91. And the median was 3.61.
ACDVF's EV-to-EBITDA is ranked better than 89.4% of 906
companies
in the Transportation industry
Industry Median: 8.705
vs ACDVF: 3.32
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Air Canada (OTCPK:ACDVF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Air Canada's share price for today is $17.15.
Air Canada's Earnings per Share (Diluted) 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 $1.822.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Air Canada's EV-to-EBITDA 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 Canada's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 Canada EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Air Canada's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Air Canada's EV-to-EBITDA falls into.
Air Canada's current Enterprise Value is $8,907 Mil.
Air Canada's EBITDA 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 $2,682 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 Canada (ACDVF) has a EV-to-EBITDA of 3.32 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Air Canada. This is near median its historical median of 3.61. According to the industry distribution chart, Air Canada ranks #96 out of 906 companies in the Transportation industry, placing it in the top 10.6%.
Is Air Canada's EV-to-EBITDA too high?
Air Canada's current EV-to-EBITDA of 3.32 is near median its 10-year median of 3.61. The Transportation industry median EV-to-EBITDA is 8.71. Air Canada's value of 3.32 is 61.9% below this industry median. Based on the distribution chart, Air Canada ranks #96 out of 906 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air Canada has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Canada ranks #96 out of 906 companies for EV-to-EBITDA. This places Air Canada in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.71. Air Canada's value of 3.32 is 61.9% below this benchmark. While the company's 10-year median is 3.61 vs. the industry median of 8.71, Air Canada 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-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.71, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Canada's current EV-to-EBITDA of 3.32 is 61.9% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Air Canada. For the Transportation industry, the median EV-to-EBITDA is 8.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Canada's current EV-to-EBITDA is 3.32, which is near median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (ACDVF) is currently considered Fairly Valued. The stock's GF Value™ is $17.35, compared to a current price of $17.15 — trading 1.2% below its estimated fair value. The current EV-to-EBITDA is 3.32, which is near median its 10-year median of 3.61 and 61.9% below the Transportation industry median of 8.71. Air Canada's overall GF Score™ is 84/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Air Canada (ACDVF), the current EV-to-EBITDA is 3.32 as of Jul. 28, 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 Canada (ACDVF) Overvalued in 2026?
Based on GuruFocus' analysis, Air Canada stock appears to be undervalued.
The current stock price of $17.15 is trading 1.2% below its estimated GF Value™ of $17.35.
GuruFocus considers Air Canada to be Fairly Valued.
Key valuation signals for ACDVF:
EV-to-EBITDA: 3.32 (near median its 10-year median of 3.61)
GF Value™: $17.35 vs. price of $17.15 (1.2% below fair value)
Industry Position: 61.9% below the Transportation median (#96 of 906)
No single metric tells the full story. See the ACDVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
84GF Score
Get the complete analysis for ACDVF
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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