Fly Play hf (OISE:PLAY) EV-to-EBITDA: 23.85 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:PLAY Fly Play hf OISE:PLAY
9 GF Score
Price kr0.45
View Full Analysis

What is Fly Play hf EV-to-EBITDA?

Fly Play hf OISE:PLAY 9 EV-to-EBITDA is 23.85 as of Jul. 22, 2026. GuruFocus rates OISE:PLAY with a GF Score™ of 9/100.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fly Play hf's enterprise value is kr30,496 Mil. Fly Play hf's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was kr1,279 Mil. Therefore, Fly Play hf's EV-to-EBITDA for today is 23.85.

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

OISE:PLAY's EV-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 8.69
* Ranked among companies with meaningful EV-to-EBITDA only.

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 (2026-07-22), Fly Play hf's stock price is kr0.446. Fly Play hf's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was kr-777.231. Therefore, Fly Play hf's PE Ratio (TTM) for today is At Loss.

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


Fly Play hf  (OISE:PLAY) 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.

Fly Play hf's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.446/-777.231
=At Loss

Fly Play hf's share price for today is kr0.446.
Fly Play hf's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-777.231.

* 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?


Fly Play hf EV-to-EBITDA Related Terms


Fly Play hf EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fly Play 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.

Fly Play hf EV-to-EBITDA Chart

Fly Play hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 -9.64 -18.67 43.47 37.49

Fly Play hf Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 23.94 14.31 37.49 11.78 24.97

OISE:PLAY vs DAL, UAL, LUV: EV-to-EBITDA Comparison

For the Airlines subindustry, Fly Play 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.


Fly Play hf EV-to-EBITDA vs Transportation Industry

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

* The bar in red indicates where Fly Play hf's EV-to-EBITDA falls into.


OISE:PLAY
9GF Score
Fly Play hf OISE:PLAY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fly Play hf EV-to-EBITDA Calculation

Fly Play hf's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=30496.480/1278.729
=23.85

Fly Play hf's current Enterprise Value is kr30,496 Mil.
Fly Play hf's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,279 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 23.85 mean?
Fly Play hf (OISE:PLAY) has a EV-to-EBITDA of 23.85 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fly Play hf.
Is Fly Play hf's EV-to-EBITDA too high?
Fly Play hf's current EV-to-EBITDA is 23.85. The Transportation industry median EV-to-EBITDA is 8.69. Fly Play hf's value of 23.85 is 174.5% above this industry median. Overall, Fly Play hf has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Fly Play hf's EV-to-EBITDA compare to DAL and UAL?
Fly Play hf's EV-to-EBITDA of 23.85 can be compared against companies in the Transportation industry. The industry median EV-to-EBITDA is 8.69. Fly Play hf's value of 23.85 is 174.5% above this benchmark. 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 8.69, based on 902 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. Fly Play hf's current EV-to-EBITDA of 23.85 is 174.5% above 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 Fly Play hf. For the Transportation industry, the median EV-to-EBITDA is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fly Play hf's current EV-to-EBITDA is 23.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fly Play hf stock overvalued right now?
Fly Play hf (OISE:PLAY) has a current EV-to-EBITDA of 23.85. The current EV-to-EBITDA is 23.85 and 174.5% above the Transportation industry median of 8.69. Fly Play hf's overall GF Score™ is 9/100. 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 Fly Play hf (OISE:PLAY), the current EV-to-EBITDA is 23.85 as of Jul. 22, 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.

Fly Play hf Business Description

Address Suourlandsbraut 14, Reykjavik, ISL, 108
Fly Play hf is an Icelandic low-cost airline operating flights between North America and Europe. It operates a fleet of Airbus aircraft, with its main hub at Keflavik International Airport. The airline offers a range of related services, including food and beverages, as well as booking services for its customers.
9GF Score

Get the complete analysis for OISE:PLAY

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

kr0.45
Price