Air Arabia PJSC (DFM:AIRARABIA)

Air Arabia PJSC Ratios and Metrics

Market cap in millions AED. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 7, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	16,520	14,373	13,160	10,033	6,767	5,973
Market Cap Growth	9.22%	9.22%	31.16%	48.28%	13.28%	-20.50%
Enterprise Value	13,304	11,598	10,621	8,245	7,304	7,314
Last Close Price	3.54	2.86	2.44	1.74	1.11	0.98
PE Ratio	11.26	9.80	8.51	8.21	9.40	-
Forward PE	11.33	9.68	8.24	11.32	18.13	54.47
PS Ratio	2.49	2.17	2.19	1.91	2.13	3.23
PB Ratio	2.08	1.81	1.75	1.43	1.11	1.33
P/TBV Ratio	2.50	2.18	2.13	1.77	1.43	1.88
P/FCF Ratio	9.72	8.46	6.83	5.19	3.57	7.90
P/OCF Ratio	7.25	6.31	5.71	4.59	3.47	7.61
PEG Ratio	-	1.56	1.56	1.56	1.56	1.56
EV/Sales Ratio	2.00	1.75	1.77	1.57	2.30	3.95
EV/EBITDA Ratio	6.81	6.88	6.01	5.12	6.22	19.85
EV/EBIT Ratio	10.16	9.80	8.57	7.66	11.36	-
EV/FCF Ratio	7.83	6.83	5.51	4.27	3.85	9.67
Debt / Equity Ratio	0.26	0.26	0.30	0.41	0.54	0.95
Debt / EBITDA Ratio	1.15	1.15	1.21	1.69	2.60	9.93
Debt / FCF Ratio	1.24	1.24	1.18	1.50	1.73	5.66
Asset Turnover	0.44	0.44	0.41	0.38	0.25	0.14
Inventory Turnover	99.36	99.36	106.63	135.47	93.38	73.38
Quick Ratio	1.30	1.30	1.38	1.43	1.34	1.12
Current Ratio	1.41	1.41	1.51	1.52	1.47	1.18
Return on Equity (ROE)	18.95%	18.95%	21.30%	18.70%	13.61%	-3.82%
Return on Assets (ROA)	4.93%	4.93%	5.32%	4.85%	3.10%	-0.79%
Return on Capital (ROIC)	7.45%	7.45%	7.86%	7.00%	4.43%	-1.09%
Return on Capital Employed (ROCE)	10.80%	10.80%	11.70%	10.00%	6.30%	-
Earnings Yield	8.88%	10.21%	11.76%	12.18%	10.64%	-3.22%
FCF Yield	10.28%	11.82%	14.64%	19.25%	28.02%	12.66%
Dividend Yield	7.06%	8.75%	8.20%	8.64%	7.64%	-
Payout Ratio	63.62%	63.62%	45.25%	32.47%	-	-
Total Shareholder Return	7.06%	8.75%	8.20%	8.64%	7.64%	-

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.