Air Canada trades with the ticker AC on the TSX and is in the Airlines industry.
Overview
Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. As of December 31, 2023, it operated a fleet of 203 aircraft under the Air Canada brand name comprising 115 Airbus narrow-body aircraft, and 88 Airbus wide-body aircraft; 118 aircraft under the Air Canada Express brand name, including 25 Embraer 175, 15 Mitsubishi CRJ-200, 35 Mitsubishi CRJ-900, and 43 De Havilland Dash 8-400aircraft; and 40 aircraft under the Air Canada Rouge brand name consisting of 17 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 18 Airbus A319 aircraft. The company provides air cargo services in approximately 50 countries, including Toronto, Halifax, St. John’s, Miami, Atlanta, Dallas, Quito, Lima, San Juan, Mexico City, Guadalajara, Bogotá, Madrid, Frankfurt, Basel, and Liege. In addition, it develops, operates, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, South Pacific, Australia, and Asia; offers cruise packages in North America, Europe, and the Caribbean; and provides travel loyalty programs. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada.
Looking to invest in Air Canada? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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AC.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $6341.317MM
PE Ratio: 2.968
Price: 33.16 (Updated: 3/12/2024 0:47:16)
Air Canada (AC) vs Competitors in Airlines
Lets see how AC.TO stacks up against others in the Airlines asset management industry. We have identified its main peers as: .Airlines Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Air Canada (AC) | $6,341.317 | 2.968 | 2.405 | N/A% |
| Exchange Income Corporation (EIF) | $2,303.566 | 18.442 | 7.666 | 5.4% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Airlines
- Air Canada (AC) vs Exchange Income Corporation (EIF)
- AC has higher EPS (5.96 vs 2.65). EIF provides dividends, while AC does not. EIF has a higher P/E ratio (18.442 vs 2.968) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (2.97) than the industry average (10.71), indicating potential undervaluation. Features a lower EV/EBITDA ratio (2.40) than the industry average (5.04), indicating attractive valuation.
How to Buy AC stock on the TSX
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