Air New ZealandANZFF 38 EV-to-FCF is -10.98 as of Jun. 27, 2026. GuruFocus rates ANZFF with a GF Score™ of 38/100 and a GF Value™ of $0.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 674 Transportation companies, Air New Zealand ranks worse than 148367.8% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Air New Zealand's Enterprise Value is $2,831 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 for today is -10.98.
The historical rank and industry rank for Air New Zealand's EV-to-FCF or its related term are showing as below:
ANZFF'
s EV-to-FCF Range Over the Past 10 Years
Min: -14.05 Med: 34.4 Max: 194.34
Current: -11.23
During the past 13 years, the highest EV-to-FCF of Air New Zealand was 194.34. The lowest was -14.05. And the median was 34.40.
ANZFF's EV-to-FCF is ranked worse than 100% of 674
companies
in the Transportation industry
Industry Median: 14.135
vs ANZFF: -11.23
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Air New Zealand (OTCPK:ANZFF) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Air New Zealand's PE Ratio (TTM) for today is calculated as:
Air New Zealand's share price for today is $0.2469.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.003.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Air New Zealand EV-to-FCF Related Terms
Air New Zealand EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Air New Zealand's EV-to-FCF 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.
For the Airlines subindustry, Air New Zealand's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Air New Zealand's EV-to-FCF falls into.
Air New Zealand's current Enterprise Value is $2,831 Mil.
For company reported semi-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 (ANZFF) has a EV-to-FCF of -10.98 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Air New Zealand and its competitors. According to the industry distribution chart, Air New Zealand ranks #999999 out of 674 companies in the Transportation industry.
Is Air New Zealand's EV-to-FCF too high?
Air New Zealand's current EV-to-FCF is -10.98. Based on the distribution chart, Air New Zealand ranks #999999 out of 674 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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 EV-to-FCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #999999 out of 674 companies for EV-to-FCF. This places Air New Zealand in the lower half of its industry. The industry median EV-to-FCF is 14.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Transportation company?
The median EV-to-FCF among Transportation companies is 14.14, based on 674 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Air New Zealand and its competitors. For the Transportation industry, the median EV-to-FCF is 14.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current EV-to-FCF is -10.98. 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 EV-to-FCF is -10.98. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Air New Zealand (ANZFF), the current EV-to-FCF is -10.98 as of Jun. 27, 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:
EV-to-FCF: -10.98
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.
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