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Cathay Pacific AirwaysHAM:CTY -0.98%80 EV-to-EBITDA is 7.71 as of Aug. 12, 2026, which is 22% above its 10-year median of 6.33. GuruFocus rates HAM:CTY with a GF Score™ of 80/100 and a GF Value™ of €1.57 (Fairly Valued). The stock has 5 warning signs investors should review. Among 899 Transportation companies, Cathay Pacific Airways ranks better than 55.51% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cathay Pacific Airways's enterprise value is €15,108 Mil.
Cathay Pacific Airways's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,960 Mil. Therefore, Cathay Pacific Airways's EV-to-EBITDA for today is 7.71.
The historical rank and industry rank for Cathay Pacific Airways's EV-to-EBITDA or its related term are showing as below:
HAM:CTY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -21.74 Med: 6.33 Max: 13.89
Current: 7.7
During the past 13 years, the highest EV-to-EBITDA of Cathay Pacific Airways was 13.89. The lowest was -21.74. And the median was 6.33.
HAM:CTY's EV-to-EBITDA is ranked better than 55.51% of 899
companies
in the Transportation industry
Industry Median: 8.66
vs HAM:CTY: 7.70
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.
Cathay Pacific Airways's PE Ratio (TTM) for today is calculated as:
Cathay Pacific Airways's share price for today is €1.5665.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cathay Pacific Airways's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.227.
* 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, Cathay Pacific Airways'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.
Cathay Pacific Airways EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Cathay Pacific Airways's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cathay Pacific Airways's EV-to-EBITDA falls into.
Cathay Pacific Airways's current Enterprise Value is €15,108 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cathay Pacific Airways's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,960 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.
Cathay Pacific Airways (HAM:CTY) has a EV-to-EBITDA of 7.71 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cathay Pacific Airways. This is 22% above median its historical median of 6.33. According to the industry distribution chart, Cathay Pacific Airways ranks #400 out of 899 companies in the Transportation industry, placing it in the top 44.5%.
Is Cathay Pacific Airways' EV-to-EBITDA too high?
Cathay Pacific Airways' current EV-to-EBITDA of 7.71 is 22% above median its 10-year median of 6.33. The Transportation industry median EV-to-EBITDA is 8.66. Cathay Pacific Airways' value of 7.71 is 11% below this industry median. Based on the distribution chart, Cathay Pacific Airways ranks #400 out of 899 companies in the Transportation industry, which is above the industry midpoint. Overall, Cathay Pacific Airways has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cathay Pacific Airways' EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Cathay Pacific Airways ranks #400 out of 899 companies for EV-to-EBITDA. This puts Cathay Pacific Airways in the upper half of its industry. The industry median EV-to-EBITDA is 8.66. Cathay Pacific Airways' value of 7.71 is 11% below this benchmark. While the company's 10-year median is 6.33 vs. the industry median of 8.66, Cathay Pacific Airways 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 8.66, 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. Cathay Pacific Airways's current EV-to-EBITDA of 7.71 is 11% 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 Cathay Pacific Airways. For the Transportation industry, the median EV-to-EBITDA is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Pacific Airways's current EV-to-EBITDA is 7.71, which is 22% above median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Pacific Airways stock overvalued right now?
Based on GuruFocus' analysis, Cathay Pacific Airways (HAM:CTY) is currently considered Fairly Valued. The stock's GF Value™ is €1.57, compared to a current price of €1.57 — trading 0.2% below its estimated fair value. The current EV-to-EBITDA is 7.71, which is 22% above median its 10-year median of 6.33 and 11% below the Transportation industry median of 8.66. Cathay Pacific Airways' overall GF Score™ is 80/100 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 Cathay Pacific Airways (HAM:CTY), the current EV-to-EBITDA is 7.71 as of Aug. 12, 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 Cathay Pacific Airways (HAM:CTY) Overvalued in 2026?
Based on GuruFocus' analysis, Cathay Pacific Airways stock appears to be undervalued.
The current stock price of €1.57 is trading 0.2% below its estimated GF Value™ of €1.57.
GuruFocus considers Cathay Pacific Airways to be Fairly Valued.
Key valuation signals for HAM:CTY:
EV-to-EBITDA: 7.71 (22% above median its 10-year median of 6.33)
GF Value™: €1.57 vs. price of €1.57 (0.2% below fair value)
Industry Position: 11% below the Transportation median (#400 of 899)
No single metric tells the full story. See the HAM:CTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cathay Pacific is Hong Kong's largest airline group, operating a fleet of 237 aircraft as of December 2025 and serving over 100 destinations globally. As of March 2026, its largest shareholders remain Swire Pacific and Air China, with stakes of 45% and 29%, respectively. The group operates the full-service carrier Cathay Pacific, low-cost carrier HK Express, and cargo operator Air Hong Kong.
80GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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