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Air New Zealand (Air New Zealand) EV-to-EBIT : 7.89 (As of Apr. 26, 2024)


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What is Air New Zealand EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air New Zealand's Enterprise Value is $3,151 Mil. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $399 Mil. Therefore, Air New Zealand's EV-to-EBIT for today is 7.89.

The historical rank and industry rank for Air New Zealand's EV-to-EBIT or its related term are showing as below:

ANZFF' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.41   Med: 6.12   Max: 12.34
Current: 7.89

During the past 13 years, the highest EV-to-EBIT of Air New Zealand was 12.34. The lowest was -15.41. And the median was 6.12.

ANZFF's EV-to-EBIT is ranked better than
69.2% of 854 companies
in the Transportation industry
Industry Median: 11.82 vs ANZFF: 7.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Air New Zealand's Enterprise Value for the quarter that ended in Dec. 2023 was $2,250 Mil. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $399 Mil. Air New Zealand's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.75%.


Air New Zealand EV-to-EBIT Historical Data

The historical data trend for Air New Zealand's EV-to-EBIT 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.

* Premium members only.

Air New Zealand EV-to-EBIT Chart

Air New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.97 -9.06 -14.90 -4.88 5.06

Air New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 - -4.88 - 5.06 -

Competitive Comparison of Air New Zealand's EV-to-EBIT

For the Airlines subindustry, Air New Zealand's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Air New Zealand's EV-to-EBIT falls into.



Air New Zealand EV-to-EBIT Calculation

Air New Zealand's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3151.200/399.408
=7.89

Air New Zealand's current Enterprise Value is $3,151 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $399 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  (OTCPK:ANZFF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Air New Zealand's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=399.408/2250.408902
=17.75 %

Air New Zealand's Enterprise Value for the quarter that ended in Dec. 2023 was $2,250 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $399 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Air New Zealand's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Air New Zealand (Air New Zealand) Business Description

Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
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 South-West 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% market share, although the majority of revenue is derived from international and trans-Tasman activity.