Valuation Singapore Airlines Limited

Equities

Delayed Singapore S.E. Other stock markets 09:29:55 13/04/2026 am IST			5-day change	1st Jan Change
6.580 ^SGD	-0.90%		-0.60%	+2.81%

09/04	JCDecaux SE Wins Advertising Tender for Western Sydney International Airport	CI
08/04	Airline and travel industries see no immediate relief from Iran ceasefire	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	23,696	35,453	36,954	26,484	20,189	20,922	-	-
Change	-	49.62%	4.23%	-28.33%	-23.77%	3.63%	-	-
Enterprise Value (EV) ¹	30,250	37,386	35,965	28,663	24,846	25,864	27,017	27,241
Change	-	23.59%	-3.8%	-20.3%	-13.32%	4.1%	4.46%	0.83%
P/E ratio	-4.8x	-34x	16.3x	10.4x	7.96x	19x	16.4x	16x
PBR	1.04x	0.73x	0.86x	1.17x	1.29x	1.31x	1.26x	1.24x
PEG	-	0.4x	-0x	0.1x	0.2x	-0.3x	1x	6.97x
Capitalization / Revenue	6.21x	4.66x	2.08x	1.39x	1.03x	1.05x	1.01x	0.99x
EV / Revenue	7.93x	4.91x	2.02x	1.51x	1.27x	1.29x	1.3x	1.28x
EV / EBITDA	-81.6x	28.7x	7x	5.08x	6.07x	5.88x	5.8x	5.81x
EV / EBIT	-12x	-61.3x	13.4x	10.5x	14.5x	13.3x	13.2x	14.4x
EV / FCF	-5.05x	-5,192x	4.78x	7.5x	8.45x	15.4x	68.4x	28x
FCF Yield	-19.8%	-0.02%	20.9%	13.3%	11.8%	6.48%	1.46%	3.57%
Dividend per Share ²	-	-	0.38	0.48	0.4	0.2703	0.2584	0.2757
Rate of return	-	-	6.63%	7.5%	5.89%	4.07%	3.89%	4.15%
EPS ²	-1.156	-0.162	0.351	0.614	0.853	0.3495	0.4056	0.4149
Distribution rate	-	-	108%	78.2%	46.9%	77.3%	63.7%	66.4%
Net sales ¹	3,816	7,615	17,775	19,013	19,540	19,999	20,800	21,223
EBITDA ¹	-370.8	1,301	5,137	5,648	4,090	4,397	4,655	4,685
EBIT ¹	-2,512	-609.7	2,692	2,728	1,709	1,945	2,053	1,896
Net income ¹	-4,271	-962	2,157	2,675	2,778	1,067	1,304	1,347
Net Debt ¹	6,554	1,932	-988.3	2,179	4,657	4,942	6,095	6,319
Reference price ²	5.550	5.500	5.730	6.400	6.790	6.640	6.640	6.640
Nbr of stocks (in thousands)	42,69,600	64,46,082	64,49,164	41,38,150	29,73,273	31,50,884	-	-
Announcement Date	19/05/21	18/05/22	16/05/23	15/05/24	15/05/25	-	-	-

¹SGD in Million²SGD

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.($)
SINGAPORE AIRLINES LIMITED	19x	1.29x	5.88x	4.07%	1.64TCr
DELTA AIR LINES, INC.	12.67x	0.86x	7.18x	1.14%	4.43TCr
RYANAIR HOLDINGS PLC	12.7x	1.62x	6.7x	1.78%	3.21TCr
UNITED AIRLINES HOLDINGS, INC.	8.93x	0.76x	6.67x	-.--%	3.13TCr
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	6.49x	0.73x	3.29x	2.51%	2.36TCr
INTERGLOBE AVIATION LIMITED	54.65x	2.38x	12.51x	0.22%	1.89TCr
AIR CHINA LIMITED	-11.62x	1.73x	12.5x	-.--%	1.59TCr
LATAM AIRLINES GROUP S.A.	9.9x	1.32x	4.81x	3.02%	1.54TCr
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-74.16x	1.65x	9.97x	0.17%	1.39TCr
CHINA EASTERN AIRLINES CORPORATION LIMITED	-28.51x	1.7x	10.27x	-.--%	1.36TCr
Average	1.00x	1.40x	7.98x	1.29%	2.26TCr
Weighted average by Cap.	5.74x	1.29x	7.56x	1.27%