Delta Air Lines, Inc.

SWX:DAL Stock Report

Market Cap: CHF 40.1b

Delta Air Lines Valuation

Is DAL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DAL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CHF 82.78
Fair Value
27.8% undervalued intrinsic discount
22
Number of Analysts

Below Fair Value: DAL (CHF59.75) is trading below our estimate of fair value (CHF82.78)

Significantly Below Fair Value: DAL is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DAL?

Key metric: As DAL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DAL. This is calculated by dividing DAL's market cap by their current earnings.
What is DAL's PE Ratio?
PE Ratio12.8x
EarningsUS$3.46b
Market CapUS$44.28b

Price to Earnings Ratio vs Peers

How does DAL's PE Ratio compare to its peers?

The above table shows the PE ratio for DAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.7x
KNIN Kuehne + Nagel International
21.1x6.0%CHF 24.1b
UAL United Airlines Holdings
11.4x8.1%US$35.5b
FHZN Flughafen Zürich
21.1x4.6%CHF 6.7b
RYA Ryanair Holdings
13.3x9.6%€22.1b
DAL Delta Air Lines
12.8x10.0%CHF 44.3b

Price-To-Earnings vs Peers: DAL is good value based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

How does DAL's PE Ratio compare vs other companies in the Global Airlines Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DAL 12.8xIndustry Avg. 9.6xNo. of Companies7PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DAL is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the Global Airlines industry average (9.5x).

Price to Earnings Ratio vs Fair Ratio

What is DAL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.8x
Fair PE Ratio31.1x

Price-To-Earnings vs Fair Ratio: DAL is good value based on its Price-To-Earnings Ratio (12.8x) compared to the estimated Fair Price-To-Earnings Ratio (31.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DAL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 59.75
CHF 72.43
+21.2%
14.0%CHF 90.62CHF 39.87n/a22
Jan ’26CHF 59.75
CHF 68.50
+14.7%
16.5%CHF 90.38CHF 32.54n/a22
Dec ’25CHF 59.75
CHF 65.25
+9.2%
18.1%CHF 88.70CHF 31.93n/a22
Nov ’25CHF 59.75
CHF 54.20
-9.3%
15.8%CHF 73.39CHF 31.08n/a20
Oct ’25CHF 59.75
CHF 49.63
-16.9%
16.0%CHF 72.03CHF 33.90n/a20
Sep ’25CHF 59.75
CHF 50.94
-14.7%
15.7%CHF 73.49CHF 34.58n/a20
Aug ’25CHF 59.75
CHF 52.44
-12.2%
15.7%CHF 75.27CHF 35.42n/a20
Jul ’25CHF 59.75
CHF 54.11
-9.4%
14.7%CHF 76.36CHF 35.03n/a20
Jun ’25CHF 59.75
CHF 54.61
-8.6%
15.3%CHF 77.65CHF 35.63n/a20
May ’25CHF 59.75
CHF 52.83
-11.6%
14.9%CHF 77.37CHF 35.50n/a19
Apr ’25CHF 59.75
CHF 48.92
-18.1%
17.9%CHF 76.88CHF 30.75n/a20
Mar ’25CHF 59.75
CHF 47.16
-21.1%
16.2%CHF 68.33CHF 30.17n/a20
Feb ’25CHF 59.75
CHF 45.95
-23.1%
16.6%CHF 66.90CHF 29.54CHF 59.7520
Jan ’25CHF 59.75
CHF 45.34
-24.1%
16.6%CHF 66.94CHF 34.77CHF 59.7520
Dec ’24CHF 59.75
CHF 45.34
-24.1%
16.6%CHF 66.94CHF 34.77CHF 59.7520
Nov ’24CHF 59.75
CHF 47.75
-20.1%
16.4%CHF 69.90CHF 36.31CHF 59.7520
Oct ’24CHF 59.75
CHF 53.23
-10.9%
14.4%CHF 70.47CHF 37.52CHF 59.7519
Sep ’24CHF 59.75
CHF 52.97
-11.3%
13.4%CHF 68.22CHF 36.32CHF 59.7519
Aug ’24CHF 59.75
CHF 51.82
-13.3%
12.6%CHF 66.22CHF 35.26CHF 59.7519
Jul ’24CHF 59.75
CHF 50.41
-15.6%
12.7%CHF 63.67CHF 36.77CHF 59.7519
Jun ’24CHF 59.75
CHF 46.27
-22.6%
17.4%CHF 62.99CHF 34.19CHF 59.7519
May ’24CHF 59.75
CHF 46.08
-22.9%
20.7%CHF 71.94CHF 33.75CHF 59.7518
Apr ’24CHF 59.75
CHF 47.20
-21.0%
19.1%CHF 74.43CHF 36.76CHF 59.7519
Mar ’24CHF 59.75
CHF 46.92
-21.5%
19.8%CHF 74.82CHF 36.95CHF 59.7519
Feb ’24CHF 59.75
CHF 46.59
-22.0%
20.3%CHF 74.68CHF 36.88CHF 59.7519
Analyst Price Target
Consensus Narrative from 22 Analysts
CHF 69.15
Fair Value
13.6% undervalued intrinsic discount
22
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 08:11
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Delta Air Lines, Inc. is covered by 45 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Lindsay BettiolAtlantic Equities LLP
Fred LowranceAvondale Partners