Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air New Zealand's Enterprise Value is $2,813 Mil.
Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $68 Mil. Therefore, Air New Zealand's EV-to-EBIT ratio for today is 41.42.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air New Zealand's Enterprise Value is $2,813 Mil.
Air New Zealand's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $503 Mil. Therefore, Air New Zealand's EV-to-EBITDA ratio for today is 5.59.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air New Zealand's Enterprise Value is $2,813 Mil.
Air New Zealand's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $4,047 Mil. Therefore, Air New Zealand's EV-to-Revenue ratio for today is 0.70.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Air New Zealand's Enterprise Value is $2,813 Mil.
Air New Zealand's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-258 Mil. Therefore, Air New Zealand's EV-to-FCF ratio for today is -10.91.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Air New Zealand (OTCPK:ANZFF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Air New Zealand's current Enterprise Value is $2,813 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $68 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Air New Zealand's current Enterprise Value is $2,813 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $503 Mil.
Air New Zealand's current Enterprise Value is $2,813 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $4,047 Mil.
Air New Zealand's current Enterprise Value is $2,813 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $435 Mil.
Air New Zealand's current Enterprise Value is $2,813 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-258 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.
Air New Zealand Enterprise Value Related Terms
Air New Zealand Enterprise Value Historical Data
* Premium members only.
The historical data trend for Air New Zealand's Enterprise Value 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.
ANZFF vs DAL, UAL, LUV: Enterprise Value Comparison
For the Airlines subindustry, Air New Zealand's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Air New Zealand Enterprise Value vs Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Air New Zealand's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Air New Zealand's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Air New Zealand (ANZFF) has a Enterprise Value of $2,813 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Air New Zealand and its competitors.
Is Air New Zealand's Enterprise Value too high?
Air New Zealand's current Enterprise Value is $2,813 Mil. Overall, Air New Zealand has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's Enterprise Value compare to DAL and UAL?
Air New Zealand's Enterprise Value of $2,813 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Transportation company?
A good Enterprise Value depends on the Transportation industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Air New Zealand and its competitors. Air New Zealand's current Enterprise Value is $2,813 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ANZFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.36, compared to a current price of $0.25 — trading 31.4% below its estimated fair value. The current Enterprise Value is $2,813 Mil. Air New Zealand's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Air New Zealand (ANZFF), the current Enterprise Value is $2,813 Mil as of Jun. 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 Air New Zealand (ANZFF) Overvalued in 2026?
Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued.
The current stock price of $0.25 is trading 31.4% below its estimated GF Value™ of $0.36.
GuruFocus considers Air New Zealand to be Possible Value Trap.
Key valuation signals for ANZFF:
Enterprise Value: $2,813 Mil
GF Value™: $0.36 vs. price of $0.25 (31.4% below fair value)
No single metric tells the full story. See the ANZFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
38GF Score
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