I just read an article from Motley Fool about QAN that mentions airline valuations.
http://www.**promotion blocked**.au...-give-qantas-airways-limited-a-second-chance/
"Using management’s guidance, Qantas Airways is trading on an estimated FY 2016 EV/EBITDA multiple of 3.2. This is a reasonable discount to Virgin Australia Holdings Ltd (ASX: VAH) and the entire airline industry as a whole, which trade on an EV/EBITDA ratio of 5.8 and 4.7, respectively."
I found a website that lists the EV/EBITDA ratio for AIZ as 2.51 for 2016e.
http://www.4-traders.com/AIR-NEW-ZEALAND-LIMITED-6491407/financials/
Assuming Motley Fool and 4Traders have done their sums right, these EV/EBITDA ratios suggests that AIZ represents very good value compared to QAN and the average for the airline industry.
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Last
52.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.734B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.3¢ | 52.5¢ | $98.33K | 185.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22705 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 166299 | 11 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| AIZ (ASX) Chart |