Added to YB: 2025-11-27
Pitch date: 2025-11-25
EZJ.L [bullish]
easyJet plc
+4.07%
current return
Author Info
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Company Info
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities, as well as provides holiday packages.
Market Cap
GBP 3.6B
Pitch Price
GBP 4.69
Price Target
N/A
Dividend
2.75%
EV/EBITDA
2.09
P/E
7.43
EV/Sales
0.30
Sector
Passenger Airlines
Category
value
easyJet (EZJ UK): steady skies but little lift in the near term
EZJ.L (update): FY profit £665M matched consensus, 1/3 from fast-growing Holidays segment. Net cash £602M vs £181M prior year. Ex-fuel unit costs -1%, fuel CASK -7% YOY offset 3% revenue per seat decline. 20% dividend reinstated. Fleet transition to A320neo unlocks unit cost savings from 2026. Trades at discount to pre-pandemic multiples despite stronger balance sheet.
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