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AirAsia Group BhdXKLS:5238 -8.47%50 EV-to-EBITDA is 18.06 as of Aug. 21, 2026, which is 304% above its 10-year median of 4.47. GuruFocus rates XKLS:5238 with a GF Score™ of 50/100 and a GF Value™ of RM1.58 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 900 Transportation companies, AirAsia Group Bhd ranks worse than 82.33% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, AirAsia Group Bhd's enterprise value is RM18,727 Mil.
AirAsia Group Bhd's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was RM1,037 Mil. Therefore, AirAsia Group Bhd's EV-to-EBITDA for today is 18.06.
The historical rank and industry rank for AirAsia Group Bhd's EV-to-EBITDA or its related term are showing as below:
XKLS:5238'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -62.18 Med: 4.47 Max: 77.43
Current: 18.06
During the past 11 years, the highest EV-to-EBITDA of AirAsia Group Bhd was 77.43. The lowest was -62.18. And the median was 4.47.
XKLS:5238's EV-to-EBITDA is ranked worse than 82.33% of 900
companies
in the Transportation industry
Industry Median: 8.46
vs XKLS:5238: 18.06
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.
AirAsia Group Bhd (XKLS:5238) 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.
AirAsia Group Bhd's PE Ratio (TTM) for today is calculated as:
AirAsia Group Bhd's share price for today is RM0.81.
AirAsia Group Bhd'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 RM0.023.
* 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 AirAsia Group Bhd'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.
XKLS:5238 vs DAL, UAL, LUV: EV-to-EBITDA Comparison
For the Airlines subindustry, AirAsia Group Bhd'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.
AirAsia Group Bhd EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, AirAsia Group Bhd's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where AirAsia Group Bhd's EV-to-EBITDA falls into.
AirAsia Group Bhd's current Enterprise Value is RM18,727 Mil.
AirAsia Group Bhd'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 RM1,037 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.
AirAsia Group Bhd (XKLS:5238) has a EV-to-EBITDA of 18.06 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on AirAsia Group Bhd. This is 304% above median its historical median of 4.47. According to the industry distribution chart, AirAsia Group Bhd ranks #741 out of 900 companies in the Transportation industry, placing it in the top 82.3%.
Is AirAsia Group Bhd's EV-to-EBITDA too high?
AirAsia Group Bhd's current EV-to-EBITDA of 18.06 is 304% above median its 10-year median of 4.47. The Transportation industry median EV-to-EBITDA is 8.46. AirAsia Group Bhd's value of 18.06 is 113.5% above this industry median. Based on the distribution chart, AirAsia Group Bhd ranks #741 out of 900 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, AirAsia Group Bhd has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirAsia Group Bhd's EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, AirAsia Group Bhd ranks #741 out of 900 companies for EV-to-EBITDA. This places AirAsia Group Bhd in the lower half of its industry. The industry median EV-to-EBITDA is 8.46. AirAsia Group Bhd's value of 18.06 is 113.5% above this benchmark. While the company's 10-year median is 4.47 vs. the industry median of 8.46, AirAsia Group Bhd has consistently been above 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 8.46, 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. AirAsia Group Bhd's current EV-to-EBITDA of 18.06 is 113.5% 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 AirAsia Group Bhd. For the Transportation industry, the median EV-to-EBITDA is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirAsia Group Bhd's current EV-to-EBITDA is 18.06, which is 304% above median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia Group Bhd (XKLS:5238) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.58, compared to a current price of RM0.81 — trading 48.7% below its estimated fair value. The current EV-to-EBITDA is 18.06, which is 304% above median its 10-year median of 4.47 and 113.5% above the Transportation industry median of 8.46. AirAsia Group Bhd's overall GF Score™ is 50/100 with 6 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 AirAsia Group Bhd (XKLS:5238), the current EV-to-EBITDA is 18.06 as of Aug. 21, 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 AirAsia Group Bhd (XKLS:5238) Overvalued in 2026?
Based on GuruFocus' analysis, AirAsia Group Bhd stock appears to be undervalued.
The current stock price of RM0.81 is trading 48.7% below its estimated GF Value™ of RM1.58.
GuruFocus considers AirAsia Group Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5238:
EV-to-EBITDA: 18.06 (304% above median its 10-year median of 4.47)
GF Value™: RM1.58 vs. price of RM0.81 (48.7% below fair value)
Industry Position: 113.5% above the Transportation median (#741 of 900)
No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
50GF Score
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