Valuation EVA Airways Corp.

Equities

End-of-day quote Taiwan S.E. Other stock markets 2026-01-14			5-day change	1st Jan Change
37.25 ^TWD	+1.92%		+1.50%	+1.92%

Jan. 08	Eva Airways have renewed lease of four 777-300ER passenger jets for T$6.9 bln from Air Lease	RE
Dec. 28	Eva Airways Board OKs Upto $152 Million Cabin Upgrade Program	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	63,824	143,622	150,831	169,844	239,510	201,167	201,167	-
Change	-	125.03%	5.02%	12.61%	41.02%	-16.01%	0%	-
Enterprise Value (EV) ¹	139,635	204,048	150,831	151,717	216,188	175,754	170,370	140,961
Change	-	46.13%	-26.08%	0.59%	42.49%	-18.7%	-3.06%	-17.26%
P/E ratio	-19.1x	21.7x	21.3x	7.88x	8.34x	8.22x	9.16x	6.96x
PBR	0.9x	1.68x	1.72x	1.59x	1.96x	1.48x	1.35x	1.24x
PEG	-	-0x	9.16x	0x	0.3x	-0.6x	-0.9x	0.2x
Capitalization / Revenue	0.72x	1.38x	1.09x	0.9x	1.08x	0.92x	0.92x	0.86x
EV / Revenue	1.57x	1.96x	1.09x	0.81x	0.98x	0.8x	0.78x	0.6x
EV / EBITDA	5.18x	5.26x	3.84x	2.83x	3.22x	2.83x	2.83x	2.27x
EV / EBIT	-169x	19.7x	15.4x	5.92x	5.59x	5.09x	5.73x	4.11x
EV / FCF	-21.2x	9.21x	2.53x	3.36x	6.97x	6.33x	6.32x	-
FCF Yield	-4.71%	10.9%	39.5%	29.8%	14.3%	15.8%	15.8%	-
Dividend per Share ²	-	0.6	0.8	1.8	2.4	1.982	1.808	2.105
Rate of return	-	2.15%	2.84%	5.72%	5.41%	5.32%	4.85%	5.65%
EPS ²	-0.69	1.29	1.32	3.99	5.32	4.529	4.066	5.35
Distribution rate	-	46.5%	60.6%	45.1%	45.1%	43.8%	44.5%	39.4%
Net sales ¹	89,049	103,872	138,069	187,813	221,009	218,588	218,396	233,884
EBITDA ¹	26,961	38,783	39,296	53,632	67,230	62,065	60,266	62,184
EBIT ¹	-827.1	10,358	9,798	25,649	38,682	34,501	29,734	34,262
Net income ¹	-3,362	6,608	7,091	21,594	29,007	23,982	20,237	24,163
Net Debt ¹	75,811	60,425	-	-18,127	-23,322	-25,413	-30,796	-60,206
Reference price ²	13.15	27.95	28.15	31.45	44.35	37.25	37.25	37.25
Nbr of stocks (in thousands)	4,853,569	5,138,539	5,358,125	5,400,444	5,400,444	5,400,444	5,400,444	-
Announcement Date	3/21/21	3/14/22	3/16/23	3/15/24	3/12/25	-	-	-

¹TWD in Million²TWD

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.($)
EVA AIRWAYS CORP.	8.22x	0.8x	2.83x	5.32%	6.37B
DELTA AIR LINES, INC.	9.33x	0.97x	7.05x	1.01%	44.43B
UNITED AIRLINES HOLDINGS, INC.	11.08x	0.94x	6.83x	-.--%	35.85B
RYANAIR HOLDINGS PLC	13.55x	1.81x	7.42x	1.64%	34.69B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	6.9x	0.85x	3.74x	2.38%	24.82B
INTERGLOBE AVIATION LIMITED	33.45x	2.4x	10.99x	0.2%	20.27B
AIR CHINA LIMITED	154.48x	1.88x	9.92x	0.2%	19.72B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	147.63x	1.9x	9.32x	0.02%	17.92B
CHINA EASTERN AIRLINES CORPORATION LIMITED	153.87x	2.17x	9.79x	0.05%	17.63B
LATAM AIRLINES GROUP S.A.	11.99x	1.57x	5.57x	4.31%	17.12B
Average	55.05x	1.53x	7.35x	1.51%	23.88B
Weighted average by Cap.	45.19x	1.47x	7.45x	1.16%