Valuation Lufthansa

Equities

Real-time Estimate Tradegate Other stock markets 11:08:02 2026-04-17 am EDT			5-day change	1st Jan Change
8.051 ^EUR	+6.61%		+2.04%	-3.57%

10:51am	EU could release jet fuel stocks if Hormuz disruption persists	RE
10:32am	Pilots: No further strikes at Lufthansa in the short term	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	7,388	9,283	9,621	7,401	10,073	9,057	-	-
Change	-	25.65%	3.64%	-23.08%	36.11%	-10.09%	-	-
Enterprise Value (EV) ¹	16,411	16,154	15,303	13,145	16,479	15,244	15,209	14,667
Change	-	-1.57%	-5.27%	-14.11%	25.37%	-7.5%	-0.23%	-3.56%
P/E ratio	-2.07x	11.8x	5.75x	5.37x	7.51x	7.16x	5.52x	4.82x
PBR	1.66x	1.1x	1x	0.64x	0.86x	0.73x	0.66x	0.6x
PEG	-	-0x	0x	-0.3x	-2.88x	-1.22x	0.2x	0.3x
Capitalization / Revenue	0.44x	0.28x	0.27x	0.2x	0.25x	0.21x	0.2x	0.2x
EV / Revenue	0.98x	0.49x	0.43x	0.35x	0.42x	0.36x	0.34x	0.32x
EV / EBITDA	497x	4.27x	3.12x	3.3x	3.81x	3.53x	3.08x	2.68x
EV / EBIT	-6.99x	10.7x	5.71x	7.99x	8.41x	8.14x	6.36x	5.25x
EV / FCF	-19.2x	5.61x	7.17x	15.6x	13.1x	9x	10.6x	6.95x
FCF Yield	-5.21%	17.8%	13.9%	6.39%	7.62%	11.1%	9.42%	14.4%
Dividend per Share ²	-	-	0.3	0.3	0.33	0.3146	0.3856	0.4678
Rate of return	-	-	3.73%	4.86%	3.93%	4.17%	5.11%	6.19%
EPS ²	-2.99	0.66	1.4	1.15	1.12	1.054	1.368	1.566
Distribution rate	-	-	21.4%	26.1%	29.5%	29.8%	28.2%	29.9%
Net sales ¹	16,811	32,770	35,442	37,581	39,597	42,342	44,300	46,198
EBITDA ¹	33	3,786	4,910	3,982	4,329	4,313	4,941	5,473
EBIT ¹	-2,349	1,509	2,682	1,645	1,960	1,873	2,391	2,793
Net income ¹	-2,191	791	1,673	1,380	1,339	1,260	1,588	1,859
Net Debt ¹	9,023	6,871	5,682	5,744	6,406	6,187	6,152	5,610
Reference price ²	6.180	7.765	8.048	6.176	8.406	7.552	7.552	7.552
Nbr of stocks (in thousands)	1,195,486	1,195,486	1,195,486	1,198,299	1,198,293	1,199,265	-	-
Announcement Date	3/3/22	3/3/23	3/7/24	3/6/25	3/6/26	-	-	-

¹EUR in Million²EUR

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.($)
LUFTHANSA	7.16x	0.36x	3.53x	4.17%	10.67B
DELTA AIR LINES, INC.	13.92x	0.87x	7.35x	1.11%	45.67B
RYANAIR HOLDINGS PLC	11.65x	1.48x	6.1x	1.94%	29.55B
UNITED AIRLINES HOLDINGS, INC.	8.8x	0.75x	6.08x	-.--%	30.85B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	6.46x	0.72x	3.31x	2.52%	23.58B
INTERGLOBE AVIATION LIMITED	440.58x	2.4x	12.75x	0.22%	19.15B
SINGAPORE AIRLINES LIMITED	19.51x	1.29x	5.81x	4.07%	16.34B
AIR CHINA LIMITED	-11.9x	1.73x	12.52x	-.--%	16.01B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-98.53x	1.65x	9.96x	0.17%	13.9B
CHINA EASTERN AIRLINES CORPORATION LIMITED	-16.42x	1.7x	10.26x	-.--%	13.6B
Average	38.12x	1.30x	7.77x	1.42%	21.93B
Weighted average by Cap.	38.55x	1.22x	7.46x	1.3%