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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Singapore Airlines's Enterprise Value is S$22,666 Mil.
Singapore Airlines's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was S$2,587 Mil. Therefore, Singapore Airlines's EV-to-FCF for today is 8.76.
The historical rank and industry rank for Singapore Airlines's EV-to-FCF or its related term are showing as below:
SGX:C6L'
s EV-to-FCF Range Over the Past 10 Years
Min: -33.88 Med: -6.84 Max: 9.83
Current: 9.83
During the past 13 years, the highest EV-to-FCF of Singapore Airlines was 9.83. The lowest was -33.88. And the median was -6.84.
SGX:C6L's EV-to-FCF is ranked better than 66.87% of 670
companies
in the Transportation industry
Industry Median: 14.6
vs SGX:C6L: 9.83
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.
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.
Singapore Airlines's PE Ratio (TTM) for today is calculated as:
Singapore Airlines's share price for today is S$6.51.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was S$0.379.
* 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.
Singapore Airlines EV-to-FCF Related Terms
Singapore Airlines EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Singapore Airlines'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, Singapore Airlines'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.
Singapore Airlines EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Singapore Airlines's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Singapore Airlines's EV-to-FCF falls into.
Singapore Airlines's current Enterprise Value is S$22,666 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Singapore Airlines's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was S$2,587 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.
Singapore Airlines (SGX:C6L) has a EV-to-FCF of 8.76 as of Sep. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Singapore Airlines and its competitors. According to the industry distribution chart, Singapore Airlines ranks #222 out of 670 companies in the Transportation industry, placing it in the top 33.1%.
Is Singapore Airlines' EV-to-FCF too high?
Singapore Airlines' current EV-to-FCF is 8.76. The Transportation industry median EV-to-FCF is 14.60. Singapore Airlines' value of 8.76 is 40% below this industry median. Based on the distribution chart, Singapore Airlines ranks #222 out of 670 companies in the Transportation industry, which is above the industry midpoint. Overall, Singapore Airlines has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' EV-to-FCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Singapore Airlines ranks #222 out of 670 companies for EV-to-FCF. This puts Singapore Airlines in the upper half of its industry. The industry median EV-to-FCF is 14.60. Singapore Airlines' value of 8.76 is 40% 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 14.60, based on 670 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. Singapore Airlines's current EV-to-FCF of 8.76 is 40% 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 Singapore Airlines and its competitors. For the Transportation industry, the median EV-to-FCF is 14.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Airlines's current EV-to-FCF is 8.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SGX:C6L) is currently considered Possible Value Trap. The stock's GF Value™ is S$13.80, compared to a current price of S$6.51 — trading 52.8% below its estimated fair value. The current EV-to-FCF is 8.76 and 40% below the Transportation industry median of 14.60. Singapore Airlines' overall GF Score™ is 76/100 with 5 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 Singapore Airlines (SGX:C6L), the current EV-to-FCF is 8.76 as of Sep. 20, 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 Singapore Airlines (SGX:C6L) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Airlines stock appears to be undervalued.
The current stock price of S$6.51 is trading 52.8% below its estimated GF Value™ of S$13.80.
GuruFocus considers Singapore Airlines to be Possible Value Trap.
Key valuation signals for SGX:C6L:
EV-to-FCF: 8.76
GF Value™: S$13.80 vs. price of S$6.51 (52.8% below fair value)
Industry Position: 40% below the Transportation median (#222 of 670)
No single metric tells the full story. See the SGX:C6L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in terms of revenue and carrying capacity. With its hub in Changi Airport, the carrier provides regional and cross-continental passenger and cargo services destined to or transiting through Singapore. The company operates under dual brands: full-service carrier SIA and low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, the merger of its associate airline Vistara with Air India resulted in Singapore Airlines owning a 25% stake in Air India.
76GF Score
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