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Icelandair Group hfOISE:ICEAIR -0.56%56 EV-to-EBITDA is 3.01 as of Aug. 30, 2026, which is 12% below its 10-year median of 3.41. GuruFocus rates OISE:ICEAIR with a GF Score™ of 56/100 and a GF Value™ of kr1.33 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 906 Transportation companies, Icelandair Group hf ranks better than 91.39% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Icelandair Group hf's enterprise value is kr60,425 Mil.
Icelandair Group hf's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr20,061 Mil. Therefore, Icelandair Group hf's EV-to-EBITDA for today is 3.01.
The historical rank and industry rank for Icelandair Group hf's EV-to-EBITDA or its related term are showing as below:
OISE:ICEAIR'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -43.93 Med: 3.41 Max: 242.01
Current: 3.03
During the past 13 years, the highest EV-to-EBITDA of Icelandair Group hf was 242.01. The lowest was -43.93. And the median was 3.41.
OISE:ICEAIR's EV-to-EBITDA is ranked better than 91.39% of 906
companies
in the Transportation industry
Industry Median: 8.465
vs OISE:ICEAIR: 3.03
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.
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf's PE Ratio (TTM) for today is calculated as:
Icelandair Group hf's share price for today is kr0.716.
Icelandair Group hf's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.158.
* 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 Icelandair Group hf'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.
OISE:ICEAIR vs DAL, UAL, LUV: EV-to-EBITDA Comparison
For the Airlines subindustry, Icelandair Group hf'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.
Icelandair Group hf EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf's EV-to-EBITDA falls into.
Icelandair Group hf's current Enterprise Value is kr60,425 Mil.
Icelandair Group hf's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr20,061 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.
Icelandair Group hf (OISE:ICEAIR) has a EV-to-EBITDA of 3.01 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Icelandair Group hf. This is 12% below median its historical median of 3.41. According to the industry distribution chart, Icelandair Group hf ranks #78 out of 906 companies in the Transportation industry, placing it in the top 8.6%.
Is Icelandair Group hf's EV-to-EBITDA too high?
Icelandair Group hf's current EV-to-EBITDA of 3.01 is 12% below median its 10-year median of 3.41. The Transportation industry median EV-to-EBITDA is 8.47. Icelandair Group hf's value of 3.01 is 64.4% below this industry median. Based on the distribution chart, Icelandair Group hf ranks #78 out of 906 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Icelandair Group hf has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #78 out of 906 companies for EV-to-EBITDA. This places Icelandair Group hf in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.47. Icelandair Group hf's value of 3.01 is 64.4% below this benchmark. While the company's 10-year median is 3.41 vs. the industry median of 8.47, Icelandair Group hf 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 8.47, 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. Icelandair Group hf's current EV-to-EBITDA of 3.01 is 64.4% 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 Icelandair Group hf. For the Transportation industry, the median EV-to-EBITDA is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current EV-to-EBITDA is 3.01, which is 12% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.33, compared to a current price of kr0.72 — trading 46.2% below its estimated fair value. The current EV-to-EBITDA is 3.01, which is 12% below median its 10-year median of 3.41 and 64.4% below the Transportation industry median of 8.47. Icelandair Group hf's overall GF Score™ is 56/100 with 3 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 Icelandair Group hf (OISE:ICEAIR), the current EV-to-EBITDA is 3.01 as of Aug. 30, 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.72 is trading 46.2% below its estimated GF Value™ of kr1.33.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
EV-to-EBITDA: 3.01 (12% below median its 10-year median of 3.41)
GF Value™: kr1.33 vs. price of kr0.72 (46.2% below fair value)
Industry Position: 64.4% below the Transportation median (#78 of 906)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
56GF Score
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