AGZNF (Aegean Airlines) EV-to-EBITDA: 3.81 (As of Aug. 14, 2026) — Near Median

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AGZNF Aegean Airlines SA AGZNF
78 GF Score
Price $14.20
GF Value $16.89
! 6 Warning Signs
View Full Analysis

What is Aegean Airlines EV-to-EBITDA?

Aegean Airlines AGZNF 78 EV-to-EBITDA is 3.81 as of Aug. 14, 2026, which is 9% above its 10-year median of 3.51. GuruFocus rates AGZNF with a GF Score™ of 78/100 and a GF Value™ of $16.89. The stock has 6 warning signs investors should review. Among 899 Transportation companies, Aegean Airlines ranks better than 86.87% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Aegean Airlines's enterprise value is $2,051 Mil. Aegean Airlines's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $539 Mil. Therefore, Aegean Airlines's EV-to-EBITDA for today is 3.81.

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

AGZNF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -6.79   Med: 3.51   Max: 5.53
Current: 3.87

During the past 13 years, the highest EV-to-EBITDA of Aegean Airlines was 5.53. The lowest was -6.79. And the median was 3.51.

AGZNF's EV-to-EBITDA is ranked better than
86.87% of 899 companies
in the Transportation industry
Industry Median: 8.57 vs AGZNF: 3.87

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.

As of today (2026-08-14), Aegean Airlines's stock price is $14.20. Aegean Airlines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $1.921. Therefore, Aegean Airlines's PE Ratio (TTM) for today is 7.39.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Aegean Airlines  (OTCPK:AGZNF) 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.

Aegean Airlines's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.20/1.921
=7.39

Aegean Airlines's share price for today is $14.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aegean Airlines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $1.921.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Aegean Airlines EV-to-EBITDA Related Terms


Aegean Airlines EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aegean Airlines'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.

Aegean Airlines EV-to-EBITDA Chart

Aegean Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 3.10 3.33 3.96 4.24

Aegean Airlines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA 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 3.33 0.00 3.96 0.00 4.24

AGZNF vs DAL, UAL, LUV: EV-to-EBITDA Comparison

For the Airlines subindustry, Aegean Airlines'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.


Aegean Airlines EV-to-EBITDA vs Transportation Industry

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

* The bar in red indicates where Aegean Airlines's EV-to-EBITDA falls into.


AGZNF
78GF Score
Aegean Airlines SA AGZNF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aegean Airlines EV-to-EBITDA Calculation

Aegean Airlines's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2051.070/538.621
=3.81

Aegean Airlines's current Enterprise Value is $2,051 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aegean Airlines's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $539 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-EBITDA →
What does a EV-to-EBITDA of 3.81 mean?
Aegean Airlines (AGZNF) has a EV-to-EBITDA of 3.81 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aegean Airlines. This is near median its historical median of 3.51. According to the industry distribution chart, Aegean Airlines ranks #118 out of 899 companies in the Transportation industry, placing it in the top 13.1%.
Is Aegean Airlines' EV-to-EBITDA too high?
Aegean Airlines' current EV-to-EBITDA of 3.81 is near median its 10-year median of 3.51. The Transportation industry median EV-to-EBITDA is 8.57. Aegean Airlines' value of 3.81 is 55.5% below this industry median. Based on the distribution chart, Aegean Airlines ranks #118 out of 899 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Aegean Airlines has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Aegean Airlines' EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Aegean Airlines ranks #118 out of 899 companies for EV-to-EBITDA. This places Aegean Airlines in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.57. Aegean Airlines' value of 3.81 is 55.5% below this benchmark. While the company's 10-year median is 3.51 vs. the industry median of 8.57, Aegean Airlines 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 8.57, based on 899 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. Aegean Airlines's current EV-to-EBITDA of 3.81 is 55.5% 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 Aegean Airlines. For the Transportation industry, the median EV-to-EBITDA is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aegean Airlines's current EV-to-EBITDA is 3.81, which is near median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aegean Airlines stock overvalued right now?
Aegean Airlines (AGZNF) has a current EV-to-EBITDA of 3.81. The stock's GF Value™ is $16.89, compared to a current price of $14.20 — trading 15.9% below its estimated fair value. The current EV-to-EBITDA is 3.81, which is near median its 10-year median of 3.51 and 55.5% below the Transportation industry median of 8.57. Aegean Airlines' overall GF Score™ is 78/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Aegean Airlines (AGZNF), the current EV-to-EBITDA is 3.81 as of Aug. 14, 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 Aegean Airlines (AGZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued. The current stock price of $14.20 is trading 15.9% below its estimated GF Value™ of $16.89.

Key valuation signals for AGZNF:

  • EV-to-EBITDA: 3.81 (near median its 10-year median of 3.51)
  • GF Value™: $16.89 vs. price of $14.20 (15.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 55.5% below the Transportation median (#118 of 899)

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


Aegean Airlines Business Description

Address Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.
78GF Score

Get the complete analysis for AGZNF

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

$14.20
Price
$16.89
GF Value