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	Jun 3, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	16,753	14,373	13,160	10,033	6,767	5,973
Market Cap Growth	11.11%	9.22%	31.16%	48.28%	13.28%	-20.50%
Enterprise Value	13,457	11,598	10,621	8,245	7,304	7,314
Last Close Price	3.59	2.86	2.44	1.74	1.11	0.98
PE Ratio	10.94	9.80	8.51	8.21	9.40	-
Forward PE	11.16	9.68	8.24	11.32	18.13	54.47
PS Ratio	2.44	2.17	2.19	1.91	2.13	3.23
PB Ratio	2.37	1.81	1.75	1.43	1.11	1.33
P/TBV Ratio	2.93	2.18	2.13	1.77	1.43	1.88
P/FCF Ratio	8.66	8.46	6.83	5.19	3.57	7.90
P/OCF Ratio	6.57	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	1.96	1.75	1.77	1.57	2.30	3.95
EV/EBITDA Ratio	6.86	6.88	6.01	5.12	6.22	19.85
EV/EBIT Ratio	9.81	9.80	8.57	7.66	11.36	-
EV/FCF Ratio	6.95	6.83	5.51	4.27	3.85	9.67
Debt / Equity Ratio	0.29	0.26	0.30	0.41	0.54	0.95
Debt / EBITDA Ratio	1.12	1.15	1.21	1.69	2.60	9.93
Debt / FCF Ratio	1.06	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	92.79	99.36	106.63	135.47	93.38	73.38
Quick Ratio	1.04	1.30	1.38	1.43	1.34	1.12
Current Ratio	1.05	1.41	1.51	1.52	1.47	1.18
Return on Equity (ROE)	21.96%	18.95%	21.30%	18.70%	13.61%	-3.82%
Return on Assets (ROA)	4.94%	4.93%	5.32%	4.85%	3.10%	-0.79%
Return on Capital (ROIC)	8.42%	7.45%	7.86%	7.00%	4.43%	-1.09%
Return on Capital Employed (ROCE)	12.40%	10.80%	11.70%	10.00%	6.30%	-
Earnings Yield	9.14%	10.21%	11.76%	12.18%	10.64%	-3.22%
FCF Yield	11.55%	11.82%	14.64%	19.25%	28.02%	12.66%
Dividend Yield	6.96%	8.75%	8.20%	8.64%	7.64%	-
Payout Ratio	60.96%	63.62%	45.25%	32.47%	-	-
Total Shareholder Return	6.96%	8.75%	8.20%	8.64%	7.64%	-

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