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Virgin Australia HoldingsASX:VGN -0.37%6 EV-to-EBITDA is 2.89 as of Aug. 17, 2026, which is 24% below its 10-year median of 3.79. GuruFocus rates ASX:VGN with a GF Score™ of 6/100. The stock has 5 warning signs investors should review. Among 900 Transportation companies, Virgin Australia Holdings ranks better than 91.44% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Virgin Australia Holdings's enterprise value is A$3,130 Mil.
Virgin Australia Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,084 Mil. Therefore, Virgin Australia Holdings's EV-to-EBITDA for today is 2.89.
The historical rank and industry rank for Virgin Australia Holdings's EV-to-EBITDA or its related term are showing as below:
ASX:VGN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.43 Med: 3.79 Max: 4.28
Current: 2.89
During the past 3 years, the highest EV-to-EBITDA of Virgin Australia Holdings was 4.28. The lowest was 2.43. And the median was 3.79.
ASX:VGN's EV-to-EBITDA is ranked better than 91.44% of 900
companies
in the Transportation industry
Industry Median: 8.65
vs ASX:VGN: 2.89
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.
Virgin Australia Holdings (ASX:VGN) 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.
Virgin Australia Holdings's PE Ratio (TTM) for today is calculated as:
Virgin Australia Holdings's share price for today is A$2.72.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Virgin Australia Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.477.
* 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).
* 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, Virgin Australia Holdings'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.
Virgin Australia Holdings EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Virgin Australia Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Virgin Australia Holdings's EV-to-EBITDA falls into.
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 EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,084 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 (ASX:VGN) has a EV-to-EBITDA of 2.89 as of Aug. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Virgin Australia Holdings. This is 24% below median its historical median of 3.79. Over the past decade, Virgin Australia Holdings' EV-to-EBITDA has ranged from 2.43 to 4.28. According to the industry distribution chart, Virgin Australia Holdings ranks #77 out of 900 companies in the Transportation industry, placing it in the top 8.6%.
Is Virgin Australia Holdings' EV-to-EBITDA too high?
Virgin Australia Holdings' current EV-to-EBITDA of 2.89 is 24% below median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 4.28. The Transportation industry median EV-to-EBITDA is 8.65. Virgin Australia Holdings' value of 2.89 is 66.6% below this industry median. Based on the distribution chart, Virgin Australia Holdings ranks #77 out of 900 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 6/100, reflecting its overall financial health beyond just this single metric.
How does Virgin Australia Holdings' EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Virgin Australia Holdings ranks #77 out of 900 companies for EV-to-EBITDA. This places Virgin Australia Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.65. Virgin Australia Holdings' value of 2.89 is 66.6% below this benchmark. Historically, Virgin Australia Holdings' own EV-to-EBITDA has ranged from 2.43 to 4.28 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 8.65, 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-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.65, based on 900 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. Virgin Australia Holdings's current EV-to-EBITDA of 2.89 is 66.6% 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 Virgin Australia Holdings. For the Transportation industry, the median EV-to-EBITDA is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virgin Australia Holdings's current EV-to-EBITDA is 2.89, which is 24% below median its own 10-year median of 3.79. 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-EBITDA of 2.89. The current EV-to-EBITDA is 2.89, which is 24% below median its 10-year median of 3.79 and 66.6% below the Transportation industry median of 8.65. Virgin Australia Holdings' overall GF Score™ is 6/100 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 Virgin Australia Holdings (ASX:VGN), the current EV-to-EBITDA is 2.89 as of Aug. 17, 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 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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