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Air Canada (TSX:AC) EV-to-EBITDA : 2.57 (As of Apr. 26, 2024)


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What is Air Canada EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Air Canada's enterprise value is C$12,473 Mil. Air Canada's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$4,845 Mil. Therefore, Air Canada's EV-to-EBITDA for today is 2.57.

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

TSX:AC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -740.91   Med: 3.97   Max: 74.63
Current: 2.57

During the past 13 years, the highest EV-to-EBITDA of Air Canada was 74.63. The lowest was -740.91. And the median was 3.97.

TSX:AC's EV-to-EBITDA is ranked better than
90.85% of 885 companies
in the Transportation industry
Industry Median: 8.89 vs TSX:AC: 2.57

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 (2024-04-26), Air Canada's stock price is C$19.98. Air Canada's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$5.800. Therefore, Air Canada's PE Ratio for today is 3.44.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Air Canada EV-to-EBITDA Historical Data

The historical data trend for Air Canada'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.

* Premium members only.

Air Canada EV-to-EBITDA Chart

Air Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 -5.50 -9.30 15.09 2.48

Air Canada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.09 7.76 5.00 2.68 2.48

Competitive Comparison of Air Canada's EV-to-EBITDA

For the Airlines subindustry, Air Canada'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.


Air Canada's EV-to-EBITDA Distribution in the Transportation Industry

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

* The bar in red indicates where Air Canada's EV-to-EBITDA falls into.



Air Canada EV-to-EBITDA Calculation

Air Canada's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=12473.216/4845
=2.57

Air Canada's current Enterprise Value is C$12,473 Mil.
Air Canada's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4,845 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 Canada  (TSX:AC) 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 to determine the fair market value of a company.

Air Canada's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=19.98/5.800
=3.44

Air Canada's share price for today is C$19.98.
Air Canada's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$5.800.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


Air Canada EV-to-EBITDA Related Terms

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


Air Canada (TSX:AC) Business Description

Traded in Other Exchanges
Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.