Valuation Cathay Pacific Airways Limited

Stocks

Market Closed - Hong Kong S.E. Other stock markets 01:38:06 21/07/2026 pm IST			5-day change	1st Jan Change
13.25 ^HKD	+2.08%		+0.68%	+6.60%

03/07	Cathay Pacific to Resume Middle East Passenger Flights in September	MT
02/07	Cathay Pacific says to resume Middle East passenger services from September	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	41,134	54,845	52,533	61,432	83,565	80,575	-	-
Change	-	33.33%	-4.21%	16.94%	36.03%	-3.58%	-	-
Enterprise Value (EV) ¹	1,30,988	1,13,674	1,05,297	1,19,373	1,30,377	1,24,973	1,21,239	1,17,967
Change	-	-13.22%	-7.37%	13.37%	9.22%	-4.15%	-2.99%	-2.7%
P/E	-6.72x	-7.65x	6.49x	7.16x	7.68x	9x	8x	7.54x
PBR	0.57x	0.86x	1.01x	1.34x	1.35x	1.34x	1.23x	1.13x
PEG	-	-0.4x	-0x	1.22x	0.4x	-0.8x	0.6x	1.24x
Capitalization / Revenue	0.9x	1.07x	0.56x	0.59x	0.72x	0.62x	0.61x	0.58x
EV / Revenue	2.87x	2.23x	1.11x	1.14x	1.12x	0.96x	0.92x	0.84x
EV / EBITDA	10.6x	7.22x	4.16x	4.73x	5.08x	4.91x	4.49x	4.26x
EV / EBIT	-291x	32.1x	8.1x	9.06x	9.26x	9.91x	8.66x	8.05x
EV / FCF	20x	8.06x	5.37x	8.33x	8.38x	11x	6.96x	6.01x
FCF Yield	5.01%	12.4%	18.6%	12%	11.9%	9.12%	14.4%	16.6%
Dividend per Share ²	-	-	0.43	0.69	0.84	0.6983	0.8058	0.8664
Rate of return	-	-	5.27%	7.23%	6.76%	5.38%	6.21%	6.68%
EPS ²	-0.951	-1.113	1.258	1.332	1.618	1.442	1.623	1.722
Distribution rate	-	-	34.2%	51.8%	51.9%	48.4%	49.6%	50.3%
Net sales ¹	45,587	51,036	94,485	1,04,371	1,16,766	1,29,822	1,32,231	1,39,854
EBITDA ¹	12,336	15,735	25,323	25,236	25,643	25,442	26,981	27,686
EBIT ¹	-450	3,546	12,999	13,177	14,073	12,615	13,996	14,650
Net income ¹	-6,123	-7,162	9,067	9,607	10,828	9,192	10,447	11,098
Net Debt ¹	89,854	58,829	52,764	57,941	46,812	44,398	40,664	37,392
Reference price ²	6.39	8.52	8.16	9.54	12.43	12.98	12.98	12.98
Nbr of stocks (in thousands)	64,37,200	64,37,200	64,37,900	64,39,409	67,22,857	60,81,128	-	-
Announcement Date	09/03/22	08/03/23	13/03/24	12/03/25	11/03/26	-	-	-

¹HKD in Million²HKD

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.($)
CATHAY PACIFIC AIRWAYS LIMITED	9.3x	0.95x	4.94x	5.18%	1.01TCr
DELTA AIR LINES, INC.	13.17x	0.95x	7.16x	0.9%	5.53TCr
UNITED AIRLINES HOLDINGS, INC.	10.17x	0.82x	6.67x	-.--%	3.81TCr
RYANAIR HOLDINGS PLC	13.65x	1.43x	6.22x	1.75%	2.94TCr
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	8.21x	0.81x	3.85x	2.06%	2.6TCr
INTERGLOBE AVIATION LIMITED	-366.91x	2.71x	14.29x	0.19%	2.1TCr
SINGAPORE AIRLINES LIMITED	28.65x	1.21x	6.23x	3.6%	1.85TCr
LATAM AIRLINES GROUP S.A.	11.1x	1.18x	4.69x	3.14%	1.5TCr
AIR CHINA LIMITED	-13.52x	1.5x	9.62x	-.--%	1.33TCr
LUFTHANSA	8.32x	0.4x	3.94x	3.61%	1.21TCr
Average	-27.79x	1.20x	6.76x	2.04%	2.39TCr
Weighted average by Cap.	-22.00x	1.16x	6.88x	1.54%