Valuation as at 2026-08-29 · see also the ASX 300 Most Undervalued screen
About Qantas Airways Limited
Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passengers and air freight services; and customer loyalty recognition programs.
Source: Yahoo Finance company profile · factual description, not KashVector commentary
Qantas Airways Limited QAN.AX
Industrials · Airlines
Qantas Airways Limited's price & financial trends
Annual reporting periods — this market does not have reliable quarterly data on Yahoo (either it isn't required, or coverage is incomplete), so annual is the most granular consistent series across free cash flow and dividends.
Data as at 2026-08-29
Share price · last 2 years
Earnings per share (diluted) Per year
Free cash flow Per year
Dividend per share Per year
Value investing scale · Buffett · Dalio · Graham
✈️ Airline — valued with the EV/EBITDA Model
Standard FCF-based DCF is not used for airlines: extreme cyclicality and high operating/financial leverage make a single trailing-year FCF/growth snapshot unreliable. This valuation applies an EV/EBITDA multiple instead, the standard airline-industry convention.
Intrinsic value estimate · 5-year forecast
Assumptions used in this valuation
Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.
| Bear | Base | Bull | |
|---|---|---|---|
| EV/EBITDA Multiple | 4.8x | 6.0x | 7.2x |
Enterprise Value = EBITDA × Multiple = $4.12B × 6x — Equity Value = EV − Net Debt, ÷ shares outstanding
These numbers come from running Qantas Airways Limited's EBITDA through the mechanical EV/EBITDA formula and assumptions above — not from any view on the news, management, or QAN.AX's competitive position. What is EV/EBITDA?
Want to test your own EV/EBITDA multiple assumptions?Open the full interactive calculator, pre-filled with QAN.AX →
Not financial advice. EV/EBITDA valuations are highly sensitive to assumptions — small changes in the EV/EBITDA multiple produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.
About this valuation
Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool and the ASX 300 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.
Frequently asked questions
Is Qantas Airways Limited (QAN.AX) undervalued?
The Base-case EV/EBITDA estimates intrinsic value at $11.43 vs a price of $9.58 on 2026-08-29 — a +19.3% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.