Valuation AirAsia Group

Equities

Market Closed - BURSA MALAYSIA Other stock markets 02:29:58 10/02/2026 pm IST			5-day change	1st Jan Change
0.5900 ^MYR	+1.72%		-4.07%	+42.17%

23/01	Airbus nears deal to sell around 100 A220 jets to AirAsia, sources say	RE
23/01	Malaysia's AirAsia X says it continuously explores debt refinancing opportunities	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	2,958	3,079	2,601	3,510	4,330	2,628	2,628	-
Change	-	4.12%	-15.53%	34.94%	23.37%	-39.31%	0%	-
Enterprise Value (EV)	16,437	18,552	19,995	26,492	5,477	2,628	2,628	3,231
Change	-	12.87%	7.78%	32.5%	-79.33%	-52.01%	0%	22.93%
P/E ratio	-0.58x	-0.95x	-1.02x	4.13x	-9.01x	3.47x	2.99x	2.95x
PBR	-2.39x	-0.99x	-0.44x	-0.4x	-0.49x	-0.27x	-0.3x	-0.35x
PEG	-	0x	0x	-0x	0x	-0x	0.2x	2.33x
Capitalization / Revenue	1.04x	3.09x	0.39x	0.24x	2.89x	0.12x	0.11x	0.1x
EV / Revenue	0x	0x	0x	0x	0x	0.12x	0.11x	0.1x
EV / EBITDA	-0x	-0x	0x	0x	-0x	0.67x	0.71x	0.68x
EV / EBIT	-0x	-0x	-0x	0x	-0x	1.23x	1.18x	1.08x
EV / FCF	-	-	-	-	-	-	-	83,64,584x
FCF Yield	-	-	-	-	-	-	-	0%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	-1.525	-0.83	-0.612	0.2	-0.111	0.1702	0.1975	0.2
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	2,844	996.7	6,606	14,772	1,498	22,438	24,162	26,152
EBITDA ¹	-630	-1,072	360.9	2,009	-663.2	3,932	3,692	3,864
EBIT ¹	-2,700	-2,823	-1,126	280.5	-765.3	2,136	2,234	2,442
Net income ¹	-5,097	-3,119	-2,480	837	-475.1	687.1	803.4	859.7
Net Debt	13,479	15,472	17,393	22,982	1,147	-	-	602.6
Reference price ²	0.8850	0.7900	0.6250	0.8250	1.0000	0.5900	0.5900	0.5900
Nbr of stocks (in thousands)	33,41,974	38,98,053	41,61,793	42,54,582	43,30,434	44,54,495	44,54,495	-
Announcement Date	29/03/21	28/02/22	28/02/23	29/02/24	28/02/25	-	-	-

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AIRASIA GROUP	3.41x	-	-	-.--%	66Cr
DELTA AIR LINES, INC.	10.22x	1.04x	7.54x	0.92%	4.86TCr
UNITED AIRLINES HOLDINGS, INC.	11.63x	0.95x	6.95x	-.--%	3.76TCr
RYANAIR HOLDINGS PLC	13.63x	1.77x	7.27x	1.65%	3.52TCr
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	7.6x	0.91x	4.03x	2.07%	2.8TCr
AIR CHINA LIMITED	1938.35x	1.97x	10.16x	-.--%	2.14TCr
INTERGLOBE AVIATION LIMITED	63.03x	2.54x	12.34x	0.2%	2.12TCr
CHINA SOUTHERN AIRLINES COMPANY LIMITED	121.93x	1.96x	9.69x	0.06%	2TCr
CHINA EASTERN AIRLINES CORPORATION LIMITED	150.07x	2.25x	10.31x	-.--%	1.98TCr
LATAM AIRLINES GROUP S.A.	12.24x	1.5x	5.32x	2.7%	1.87TCr
Average	233.21x	1.66x	8.18x	0.76%	2.51TCr
Weighted average by Cap.	199.53x	1.52x	7.88x	0.86%