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Spirit Aviation HoldingsFLYYQ +10.00% EV-to-EBITDA is -0.37 as of Aug. 16, 2026. The stock has 5 warning signs investors should review. Among 900 Transportation companies, Spirit Aviation Holdings ranks worse than 111111% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Spirit Aviation Holdings's enterprise value is $934 Mil.
Spirit Aviation Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-2,518 Mil. Therefore, Spirit Aviation Holdings's EV-to-EBITDA for today is -0.37.
The historical rank and industry rank for Spirit Aviation Holdings's EV-to-EBITDA or its related term are showing as below:
FLYYQ'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -9.68 Med: -0.8 Max: -0.37
Current: -0.37
During the past 13 years, the highest EV-to-EBITDA of Spirit Aviation Holdings was -0.37. The lowest was -9.68. And the median was -0.80.
FLYYQ's EV-to-EBITDA is ranked worse than 100% of 900
companies
in the Transportation industry
Industry Median: 8.615
vs FLYYQ: -0.37
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.
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.
Spirit Aviation Holdings's PE Ratio (TTM) for today is calculated as:
Spirit Aviation Holdings's share price for today is $0.011.
Spirit Aviation Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-75.450.
* 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.
FLYYQ vs TLSS, PNYG, CISS: EV-to-EBITDA Comparison
For the Airlines subindustry, Spirit Aviation 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.
Spirit Aviation Holdings EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Spirit Aviation Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Spirit Aviation Holdings's EV-to-EBITDA falls into.
Spirit Aviation Holdings's current Enterprise Value is $934 Mil.
Spirit Aviation Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,518 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.
Spirit Aviation Holdings (FLYYQ) has a EV-to-EBITDA of -0.37 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Spirit Aviation Holdings. According to the industry distribution chart, Spirit Aviation Holdings ranks #999999 out of 900 companies in the Transportation industry.
Is Spirit Aviation Holdings' EV-to-EBITDA too high?
Spirit Aviation Holdings' current EV-to-EBITDA is -0.37. Based on the distribution chart, Spirit Aviation Holdings ranks #999999 out of 900 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Spirit Aviation Holdings' EV-to-EBITDA compare to TLSS and PNYG?
According to the Transportation industry distribution chart, Spirit Aviation Holdings ranks #999999 out of 900 companies for EV-to-EBITDA. This places Spirit Aviation Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 8.62. 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 8.62, 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. 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 Spirit Aviation Holdings. For the Transportation industry, the median EV-to-EBITDA is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirit Aviation Holdings's current EV-to-EBITDA is -0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Aviation Holdings stock overvalued right now?
Spirit Aviation Holdings (FLYYQ) has a current EV-to-EBITDA of -0.37. The current EV-to-EBITDA is -0.37. 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 Spirit Aviation Holdings (FLYYQ), the current EV-to-EBITDA is -0.37 as of Aug. 16, 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.
Spirit Aviation Holdings Inc is a low-fare carrier committed to offering an enhanced travel experience with flexible, affordable options. It flies only Airbus A320 family aircraft, which provides with operational and cost advantages compared to airlines that operate multiple aircraft types. The company operates in a single reportable segment that provides air transportation to passengers.
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