InterGlobe Aviation (NSE:INDIGO) EV-to-FCF: (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INDIGO InterGlobe Aviation Ltd NSE:INDIGO
86 GF Score
Price ₹4,985.00
GF Value ₹5,474.99
Valuation Fairly Valued
! 4 Warning Signs
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What is InterGlobe Aviation EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, InterGlobe Aviation's Enterprise Value is ₹2,159,810 Mil. InterGlobe Aviation's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, InterGlobe Aviation's EV-to-FCF for today is .

The historical rank and industry rank for InterGlobe Aviation's EV-to-FCF or its related term are showing as below:

NSE:INDIGO' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.99
Current: 9.99

During the past 12 years, the highest EV-to-FCF of InterGlobe Aviation was 9.99. The lowest was 0.00. And the median was 0.00.

NSE:INDIGO's EV-to-FCF is ranked better than
63.1% of 672 companies
in the Transportation industry
Industry Median: 13.96 vs NSE:INDIGO: 9.99

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.

As of today (2026-07-25), InterGlobe Aviation's stock price is ₹4985.00. InterGlobe Aviation's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-124.360. Therefore, InterGlobe Aviation's PE Ratio (TTM) for today is At Loss.


InterGlobe Aviation  (NSE:INDIGO) 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.

InterGlobe Aviation's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4985.00/-124.360
=At Loss

InterGlobe Aviation's share price for today is ₹4985.00.
InterGlobe Aviation's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-124.360.

* 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.


InterGlobe Aviation EV-to-FCF Related Terms


InterGlobe Aviation EV-to-FCF Historical Data

* Premium members only.

The historical data trend for InterGlobe Aviation'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.

InterGlobe Aviation EV-to-FCF Chart

InterGlobe Aviation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.09 8.58 8.30 10.25 8.07

InterGlobe Aviation Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF 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 0.00 0.00 0.00 8.07 0.00

NSE:INDIGO vs DAL, UAL, LUV: EV-to-FCF Comparison

For the Airlines subindustry, InterGlobe Aviation'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.


InterGlobe Aviation EV-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, InterGlobe Aviation's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where InterGlobe Aviation's EV-to-FCF falls into.


NSE:INDIGO
86GF Score
InterGlobe Aviation Ltd NSE:INDIGO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InterGlobe Aviation EV-to-FCF Calculation

InterGlobe Aviation's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2159809.986/0
=

InterGlobe Aviation's current Enterprise Value is ₹2,159,810 Mil.
InterGlobe Aviation's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which 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.

Is InterGlobe Aviation (NSE:INDIGO) Overvalued in 2026?

Based on GuruFocus' analysis, InterGlobe Aviation stock appears to be undervalued. The current stock price of ₹4,985.00 is trading 8.9% below its estimated GF Value™ of ₹5,474.99. GuruFocus considers InterGlobe Aviation to be Fairly Valued.

Key valuation signals for NSE:INDIGO:

  • EV-to-FCF:
  • GF Value™: ₹5,474.99 vs. price of ₹4,985.00 (8.9% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


InterGlobe Aviation Business Description

Other Exchanges 539448:India
Address Gurgaon Road, MG Road, Third floor, Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, Gurugram, HR, IND, 122 002
InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.
86GF Score

Get the complete analysis for NSE:INDIGO

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

₹4,985.00
Price
₹5,474.99
GF Value