Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT

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Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
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Price: 48.88 RUB -0.75%
Market Cap: ₽194.3B

EV/EBIT

4.3
Current
1%
More Expensive
vs 3-y median of 4.3

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
4.3
=
Enterprise Value
₽620.1B
/
EBIT
₽143.2B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
4.3
=
Enterprise Value
₽620.1B
/
EBIT
₽143.2B

Valuation Scenarios

Aeroflot-Rossiyskiye Avialinii PAO is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (4.3), the stock would be worth ₽48.56 (1% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-26%
Maximum Upside
+323%
Average Upside
86%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 4.3 ₽48.88
0%
3-Year Average 4.3 ₽48.56
-1%
5-Year Average 3.2 ₽36.18
-26%
Industry Average 18.3 ₽206.84
+323%
Country Average 6.3 ₽71.3
+46%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
Average EV/EBIT: 27.8
4.3
N/A N/A
VN
V
Vietjet Aviation JSC
VN:VJC
32.6
N/A N/A
VN
V
Vietnam Airlines JSC
VN:HVN
7.8
N/A N/A
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
7.4
N/A N/A
AU
V
Virgin Australia Holdings Ltd
ASX:VGN
Not Available N/A N/A
RU
A
Aviakompaniya UTair PAO
MOEX:UTAR
30.1
N/A N/A
US
Republic Airways Holdings Inc
NASDAQ:RJET
104.7
N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IL
I
Israir Group Ltd
TASE:ISRG
7.6
N/A N/A
CA
V
Volatus Aerospace Inc
NEO:FLT
Negative Multiple: -30.9 N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -7.9 N/A N/A
P/E Multiple
Earnings Growth PEG
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
Average P/E: 16.2
1.8
N/A N/A
VN
V
Vietjet Aviation JSC
VN:VJC
49.7
N/A N/A
VN
V
Vietnam Airlines JSC
VN:HVN
10
N/A N/A
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
10.8
N/A N/A
AU
V
Virgin Australia Holdings Ltd
ASX:VGN
Not Available N/A N/A
RU
A
Aviakompaniya UTair PAO
MOEX:UTAR
Negative Multiple: -26.6 N/A N/A
US
Republic Airways Holdings Inc
NASDAQ:RJET
Negative Multiple: -9.1 N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IL
I
Israir Group Ltd
TASE:ISRG
8.9
N/A N/A
CA
V
Volatus Aerospace Inc
NEO:FLT
Negative Multiple: -22.8 N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -10.3 N/A N/A

Market Distribution

In line with most companies in Russia
Percentile
35th
Based on 173 companies
35th percentile
4.3
Low
0 — 3.8
Typical Range
3.8 — 16
High
16 —
Distribution Statistics
Russia
Min 0
30th Percentile 3.8
Median 6.3
70th Percentile 16
Max 1 757 661

Aeroflot-Rossiyskiye Avialinii PAO
Glance View

Market Cap
194.3B RUB
Industry
Airlines

Aeroflot-Rossiyskiye Avialinii PAO, often simply known as Aeroflot, stands as a towering figure in the aviation landscape of Russia, drawing from a storied past and evolving into a formidable global player. Founded in 1923, Aeroflot emerged as the flag carrier of the Soviet Union, carrying the weight of history as it transitioned into the modern era. Throughout its transformation, Aeroflot has upheld a strategic focus on international and domestic flights, making it the largest airline in Russia. Its headquarters are in Moscow, where the bustling Sheremetyevo International Airport serves as its primary hub. Here, Aeroflot orchestrates a sophisticated network of routes spanning across Asia, Europe, and beyond, bridging continents with its extensive fleet. The financial engine that powers Aeroflot pivots on a well-crafted model of passenger and cargo services, ensuring multiple streams of revenue. While passenger transport constitutes the core of Aeroflot’s operations, it deftly broadens its income through a variety of ancillary services, including baggage, meals, and seat selection, which enhance the travel experience and contribute significantly to its bottom line. Additionally, Aeroflot capitalizes on a steady flow of cargo operations that tap into the increasing demand for freight movement across its comprehensive network. Despite facing significant challenges, including economic sanctions and geopolitical pressures, Aeroflot’s agile management and its majority state ownership furnish it with a unique blend of resilience and adaptability. This allows it to navigate the complex aviation market while fostering strategic partnerships and integrating modern technology into its operations to cater to a diverse customer base.

AFLT Intrinsic Value
120.43 RUB
Undervaluation 59%
Intrinsic Value
Price ₽48.88
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