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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Icelandair Group hf's Enterprise Value is kr63,797 Mil.
Icelandair Group hf's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr23,208 Mil. Therefore, Icelandair Group hf's EV-to-FCF for today is 2.75.
The historical rank and industry rank for Icelandair Group hf's EV-to-FCF or its related term are showing as below:
OISE:ICEAIR'
s EV-to-FCF Range Over the Past 10 Years
Min: -137.56 Med: -2.18 Max: 342.64
Current: 2.78
During the past 13 years, the highest EV-to-FCF of Icelandair Group hf was 342.64. The lowest was -137.56. And the median was -2.18.
OISE:ICEAIR's EV-to-FCF is ranked better than 93.15% of 672
companies
in the Transportation industry
Industry Median: 14.145
vs OISE:ICEAIR: 2.78
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.
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf's PE Ratio (TTM) for today is calculated as:
Icelandair Group hf's share price for today is kr0.738.
Icelandair Group hf's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.025.
* 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.
Icelandair Group hf EV-to-FCF Related Terms
Icelandair Group hf EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Icelandair Group hf'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.
OISE:ICEAIR vs DAL, UAL, LUV: EV-to-FCF Comparison
For the Airlines subindustry, Icelandair Group hf'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.
Icelandair Group hf EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf's EV-to-FCF falls into.
Icelandair Group hf's current Enterprise Value is kr63,797 Mil.
Icelandair Group hf's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr23,208 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.
Icelandair Group hf (OISE:ICEAIR) has a EV-to-FCF of 2.75 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Icelandair Group hf and its competitors. According to the industry distribution chart, Icelandair Group hf ranks #46 out of 672 companies in the Transportation industry, placing it in the top 6.8%.
Is Icelandair Group hf's EV-to-FCF too high?
Icelandair Group hf's current EV-to-FCF is 2.75. The Transportation industry median EV-to-FCF is 14.15. Icelandair Group hf's value of 2.75 is 80.6% below this industry median. Based on the distribution chart, Icelandair Group hf ranks #46 out of 672 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Icelandair Group hf has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's EV-to-FCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #46 out of 672 companies for EV-to-FCF. This places Icelandair Group hf in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.15. Icelandair Group hf's value of 2.75 is 80.6% below this benchmark. 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 14.15, based on 672 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. Icelandair Group hf's current EV-to-FCF of 2.75 is 80.6% below the industry median. 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 Icelandair Group hf and its competitors. For the Transportation industry, the median EV-to-FCF is 14.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current EV-to-FCF is 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.34, compared to a current price of kr0.74 — trading 44.9% below its estimated fair value. The current EV-to-FCF is 2.75 and 80.6% below the Transportation industry median of 14.15. Icelandair Group hf's overall GF Score™ is 50/100 with 2 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 Icelandair Group hf (OISE:ICEAIR), the current EV-to-FCF is 2.75 as of Jul. 15, 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.74 is trading 44.9% below its estimated GF Value™ of kr1.34.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
EV-to-FCF: 2.75
GF Value™: kr1.34 vs. price of kr0.74 (44.9% below fair value)
Industry Position: 80.6% below the Transportation median (#46 of 672)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
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