SINGY (Singapore Airlines) Enterprise Value: $24,498 Mil (As of Sep. 16, 2026) ***

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SINGY Singapore Airlines Ltd SINGY
69 GF Score
Price $10.16
GF Value $21.54
Valuation Possible Value Trap
! 5 Warning Signs
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What is Singapore Airlines Enterprise Value?

Singapore Airlines SINGY -1.74% 69 Enterprise Value is $24,498 Mil as of Sep. 16, 2026. GuruFocus rates SINGY with a GF Score™ of 69/100 and a GF Value™ of $21.54 (Possible Value Trap). The stock has 5 warning signs investors should review.

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, Singapore Airlines's Enterprise Value is $24,498 Mil. Singapore Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $590 Mil. Therefore, Singapore Airlines's EV-to-EBIT ratio for today is 41.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Singapore Airlines's Enterprise Value is $24,498 Mil. Singapore Airlines's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $590 Mil. Therefore, Singapore Airlines's EV-to-EBITDA ratio for today is 41.53.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Singapore Airlines's Enterprise Value is $24,498 Mil. Singapore Airlines's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $7,976 Mil. Therefore, Singapore Airlines's EV-to-Revenue ratio for today is 3.07.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Singapore Airlines's Enterprise Value is $24,498 Mil. Singapore Airlines's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil. Therefore, Singapore Airlines's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Singapore Airlines's Enterprise Value is $24,498 Mil. Singapore Airlines's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil. Therefore, Singapore Airlines's EV-to-FCF ratio for today is .

*** 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.


Singapore Airlines  (OTCPK:SINGY) 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.

Singapore Airlines's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24498.363/589.87
=41.53

Singapore Airlines's current Enterprise Value is $24,498 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $590 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Singapore Airlines's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=24498.363/589.87
=41.53

Singapore Airlines's current Enterprise Value is $24,498 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $590 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Singapore Airlines's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=24498.363/7975.936
=3.07

Singapore Airlines's current Enterprise Value is $24,498 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $7,976 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Singapore Airlines's EV-to-OCF for today is:


Singapore Airlines's current Enterprise Value is $24,498 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Singapore Airlines's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=24498.363/0
=

Singapore Airlines's current Enterprise Value is $24,498 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $0 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.


Singapore Airlines Enterprise Value Related Terms


Singapore Airlines Enterprise Value Historical Data

* Premium members only.

The historical data trend for Singapore Airlines'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.

Singapore Airlines Enterprise Value Chart

Singapore Airlines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,738.34 26,022.35 21,797.67 19,659.80 16,487.76

Singapore Airlines Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value 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 15,060.97 18,874.61 18,078.04 18,565.84 16,775.17

SINGY vs DAL, UAL, LUV: Enterprise Value Comparison

For the Airlines subindustry, Singapore Airlines'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.


Singapore Airlines Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Airlines's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Singapore Airlines's Enterprise Value falls into.


SINGY
69GF Score
Singapore Airlines Ltd SINGY
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singapore Airlines Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Singapore Airlines's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Enterprise Value (A: Mar. 2026 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=16118.348559918+0+4425.9969770957
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1863.0391814905+328.87648723017-7922.7996744565
=14,813

Singapore Airlines's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

Enterprise Value (Q: Mar. 2026 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=16118.348559918+0+4425.9969770957
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1863.0391814905+328.87648723017-7922.7996744565
=14,813

* 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 Enterprise Value →
What does a Enterprise Value of $24,498 Mil mean?
Singapore Airlines (SINGY) has a Enterprise Value of $24,498 Mil as of Sep. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Singapore Airlines and its competitors.
Is Singapore Airlines' Enterprise Value too high?
Singapore Airlines' current Enterprise Value is $24,498 Mil. Overall, Singapore Airlines has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' Enterprise Value compare to DAL and UAL?
Singapore Airlines' Enterprise Value of $24,498 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 Singapore Airlines and its competitors. Singapore Airlines's current Enterprise Value is $24,498 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SINGY) is currently considered Possible Value Trap. The stock's GF Value™ is $21.54, compared to a current price of $10.16 — trading 52.8% below its estimated fair value. The current Enterprise Value is $24,498 Mil. Singapore Airlines' overall GF Score™ is 69/100 with 5 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 Singapore Airlines (SINGY), the current Enterprise Value is $24,498 Mil as of Sep. 16, 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 Singapore Airlines (SINGY) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Airlines stock appears to be undervalued. The current stock price of $10.16 is trading 52.8% below its estimated GF Value™ of $21.54. GuruFocus considers Singapore Airlines to be Possible Value Trap.

Key valuation signals for SINGY:

  • Enterprise Value: $24,498 Mil
  • GF Value™: $21.54 vs. price of $10.16 (52.8% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Singapore Airlines Business Description

Address 25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in terms of revenue and carrying capacity. With its hub in Changi Airport, the carrier provides regional and cross-continental passenger and cargo services destined to or transiting through Singapore. The company operates under dual brands: full-service carrier SIA and low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, the merger of its associate airline Vistara with Air India resulted in Singapore Airlines owning a 25% stake in Air India.
69GF Score

Get the complete analysis for SINGY

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

$10.16
Price
$21.54
GF Value