Air Arabia PJSC

Air Arabia PJSC

DDFM:AIRARABIA
4.85
AED
0.00
(0.00%)
0.28EPS
19.42P/E
25.43BMarket Cap
Nov 16Next Earn

Total Valuation

AED

As of June 30, 2026, Air Arabia PJSC carries a market capitalization of 25.43B, placing it among publicly traded companies globally. Its enterprise value stands at 24.87B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap25.43B
Enterprise Value24.87B

Important Dates

Air Arabia PJSC's next confirmed earnings release is scheduled for November 16, 2026.

Earnings Date11/16/2026

Share Statistics

As of June 30, 2026, Air Arabia PJSC has 4.67B shares outstanding.

Shares Outstanding4.67B

Valuation Ratios

As of June 30, 2026, Air Arabia PJSC trades at a trailing price-to-earnings ratio of 19.42. The price-to-sales ratio is 3.25, and the price-to-book ratio stands at 3.42.

PE Ratio19.42
PS Ratio3.25
PB Ratio3.42
P/TBV Ratio4.18
P/FCF Ratio-52.14
P/OCF Ratio10.75

Enterprise Valuation

As of June 30, 2026, Air Arabia PJSC trades at an EV/EBITDA multiple of 15.61 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.18 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 26.37 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 24.87B versus a market cap of 25.43B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.18
EV / EBITDA15.61
EV / EBIT26.37

Financial Position

As of June 30, 2026, Air Arabia PJSC maintains a current ratio of 0.90, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 51.31, indicating elevated leverage, while an interest coverage ratio of 19.51 demonstrates strong ability to service its debt obligations.

Current Ratio0.90
Quick Ratio0.71
Debt / Equity51.31
Debt / EBITDA2.40
Interest Coverage19.51

Financial Efficiency

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Over the twelve months ended June 30, 2026, Air Arabia PJSC posted a return on equity (ROE) of 17.67, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 8.20 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 7.81, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 13.49, useful for judging operating efficiency across full business cycles. The company generates approximately 14.01M in revenue per employee across its workforce of 559.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 67.17 indicates how many times Air Arabia PJSC sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)17.67
Return on Assets (ROA)7.81
Return on Invested Capital (ROIC)8.20
Return on Capital Employed (ROCE)13.49
Revenue Per Employee14.01M
Employee Count559.00
Inventory Turnover67.17

Taxes

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Over the twelve months ended June 30, 2026, Air Arabia PJSC recorded 125.24M in income tax expense. That works out to an effective tax rate of 8.73, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.44B, leaving 1.31B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax125.24M
Effective Tax Rate8.73

Stock Price Statistics

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As of the close on October 22, 2026, Air Arabia PJSC's stock has gained approximately 23.72% over the past 52 weeks. The 50-day moving average sits at 4.83, while the 200-day moving average is 4.97.

52-Week Price Change23.72%
50-Day Moving Average4.83
200-Day Moving Average4.97

Income Statement

AED

Over the twelve months ended June 30, 2026, Air Arabia PJSC generated 7.83B in revenue and converted that into 1.31B in net income, yielding earnings per share of 0.28. EBITDA reached 1.59B, while operating income came in at 943.00M.

Revenue7.83B
Gross Profit1.40B
Operating Income943.00M
Pretax Income1.44B
Net Income1.31B
EBITDA1.59B
EBIT943.00M
Earnings Per Share (EPS)0.28

Balance Sheet

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As of June 30, 2026, Air Arabia PJSC holds 4.39B in cash and equivalents against 3.82B in total debt, resulting in a net debt position of 1.03B. Total book value stands at 7.45B, with working capital of -647.49M providing operational flexibility.

Cash & Cash Equivalents4.39B
Total Debt3.82B
Net Debt1.03B
Equity (Book Value)7.45B
Book Value Per Share1.60
Working Capital-647.49M

Cash Flow

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Air Arabia PJSC produced 2.37B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -2.85B in capital expenditures, free cash flow totaled -487.81M - equivalent to -0.10 per share.

Operating Cash Flow2.37B
Capital Expenditures-2.85B
Free Cash Flow-487.81M
FCF Per Share-0.10

Margins

Over the twelve months ended June 30, 2026, Air Arabia PJSC posted a gross margin of 17.82, reflecting its pricing power and cost economics. The operating margin of 12.04 and net profit margin of 16.73 provide insight into operational efficiency.

Gross Margin17.82
Operating Margin12.04
Pretax Margin18.33
Profit Margin16.73
EBITDA Margin20.35

Dividends & Yields

Over the twelve months ended June 30, 2026, Air Arabia PJSC paid dividends of 0.00 per share. The dividend payout ratio of 0.05 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -1.92: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield reaches 1.07, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Air Arabia PJSC shareholders.

Payout Ratio0.05
Shareholder Yield1.07
FCF Yield-1.92

Scores

As of June 30, 2026, Air Arabia PJSC has an Altman Z-Score of 2.10, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.10