ULCC (Frontier Group Holdings) EV-to-EBITDA: -22.04 (As of Aug. 04, 2026)

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ULCC Frontier Group Holdings Inc ULCC
76 GF Score
Price $7.99
GF Value $5.78
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Frontier Group Holdings EV-to-EBITDA?

Frontier Group Holdings ULCC +3.90% 76 EV-to-EBITDA is -22.04 as of Aug. 04, 2026. GuruFocus rates ULCC with a GF Score™ of 76/100 and a GF Value™ of $5.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 899 Transportation companies, Frontier Group Holdings ranks worse than 111234.59% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Frontier Group Holdings's enterprise value is $6,126 Mil. Frontier Group Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-278 Mil. Therefore, Frontier Group Holdings's EV-to-EBITDA for today is -22.04.

The historical rank and industry rank for Frontier Group Holdings's EV-to-EBITDA or its related term are showing as below:

ULCC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -196.32   Med: 16.18   Max: 516.4
Current: -22.04

During the past 11 years, the highest EV-to-EBITDA of Frontier Group Holdings was 516.40. The lowest was -196.32. And the median was 16.18.

ULCC's EV-to-EBITDA is ranked worse than
100% of 899 companies
in the Transportation industry
Industry Median: 8.64 vs ULCC: -22.04

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 (2026-08-04), Frontier Group Holdings's stock price is $7.99. Frontier Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-1.680. Therefore, Frontier Group Holdings'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).


Frontier Group Holdings  (NAS:ULCC) 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.

Frontier Group Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.99/-1.680
=At Loss

Frontier Group Holdings's share price for today is $7.99.
Frontier Group Holdings'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 $-1.680.

* 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?


Frontier Group Holdings EV-to-EBITDA Related Terms


Frontier Group Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Frontier Group Holdings'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.

Frontier Group Holdings EV-to-EBITDA Chart

Frontier Group Holdings Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.33 440.46 49.01 32.91 -183.46

Frontier Group Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 96.89 -130.32 -183.46 -19.95 -21.97

ULCC vs RJET, JBLU, HRBR: EV-to-EBITDA Comparison

For the Airlines subindustry, Frontier Group 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.


Frontier Group Holdings EV-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Group Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Frontier Group Holdings's EV-to-EBITDA falls into.


ULCC
76GF Score
Frontier Group Holdings Inc ULCC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Group Holdings EV-to-EBITDA Calculation

Frontier Group Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6126.424/-278
=-22.04

Frontier Group Holdings's current Enterprise Value is $6,126 Mil.
Frontier Group Holdings'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 $-278 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 -22.04 mean?
Frontier Group Holdings (ULCC) has a EV-to-EBITDA of -22.04 as of Aug. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Frontier Group Holdings. According to the industry distribution chart, Frontier Group Holdings ranks #999999 out of 899 companies in the Transportation industry.
Is Frontier Group Holdings' EV-to-EBITDA too high?
Frontier Group Holdings' current EV-to-EBITDA is -22.04. Based on the distribution chart, Frontier Group Holdings ranks #999999 out of 899 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Frontier Group Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Group Holdings' EV-to-EBITDA compare to RJET and JBLU?
According to the Transportation industry distribution chart, Frontier Group Holdings ranks #999999 out of 899 companies for EV-to-EBITDA. This places Frontier Group Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 8.64. 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 8.64, 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. 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 Frontier Group Holdings. For the Transportation industry, the median EV-to-EBITDA is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Group Holdings's current EV-to-EBITDA is -22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Group Holdings (ULCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.78, compared to a current price of $7.99 — trading 38.2% above its estimated fair value. The current EV-to-EBITDA is -22.04. Frontier Group Holdings' overall GF Score™ is 76/100 with 9 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 Frontier Group Holdings (ULCC), the current EV-to-EBITDA is -22.04 as of Aug. 04, 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 Frontier Group Holdings (ULCC) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Group Holdings stock appears to be overvalued. The current stock price of $7.99 is trading 38.2% above its estimated GF Value™ of $5.78. GuruFocus considers Frontier Group Holdings to be Significantly Overvalued.

Key valuation signals for ULCC:

  • EV-to-EBITDA: -22.04
  • GF Value™: $5.78 vs. price of $7.99 (38.2% above fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the ULCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontier Group Holdings Business Description

Other Exchanges 0VN:Germany
Address 4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos, and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers. The majority of revenue is from Domestic flight follow by International.
76GF Score

Get the complete analysis for ULCC

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

$7.99
Price
$5.78
GF Value