This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Hawaiian Holdings Valuation

Is 1HW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1HW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1HW's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1HW's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1HW?

Key metric: As 1HW is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1HW. This is calculated by dividing 1HW's market cap by their current revenue.
What is 1HW's PS Ratio?
PS Ratio	0.3x
Sales	US$2.77b
Market Cap	US$936.18m

1HW key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	-8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1HW's PS Ratio compare to its peers?

The above table shows the PS ratio for 1HW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.8x
LHA Deutsche Lufthansa	0.2x	3.9%	€7.4b
TGHN Logwin	0.5x	2.8%	€673.7m
HHFA Hamburger Hafen und Logistik	0.9x	5.2%	€1.4b
6P9 Global Ports Holding	1.6x	6.8%	€279.0m
1HW Hawaiian Holdings	0.3x	10.2%	€936.2m

Price-To-Sales vs Peers: 1HW is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does 1HW's PS Ratio compare vs other companies in the European Airlines Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 1HW is good value based on its Price-To-Sales Ratio (0.3x) compared to the Global Airlines industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is 1HW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1HW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	0.06x

Price-To-Sales vs Fair Ratio: 1HW is expensive based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.1x).

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 1HW forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	n/a	€14.83 0%	10.1%	€16.18	€12.58	n/a	4
Nov ’25	n/a	€14.83 0%	10.1%	€16.18	€12.58	n/a	4
Oct ’25	n/a	€14.83 0%	10.1%	€16.18	€12.58	n/a	4
Sep ’25	€15.60	€14.83 -4.9%	10.1%	€16.18	€12.58	n/a	4
Aug ’25	€11.80	€13.99 +18.5%	12.6%	€16.51	€11.92	n/a	4
Jul ’25	€11.50	€14.02 +21.9%	14.9%	€16.82	€11.21	n/a	4
Jun ’25	€12.50	€14.02 +12.1%	14.9%	€16.82	€11.21	n/a	4
May ’25	€11.50	€14.02 +21.9%	14.9%	€16.82	€11.21	n/a	4
Apr ’25	€12.30	€13.19 +7.2%	26.4%	€16.66	€7.40	n/a	4
Mar ’25	€13.00	€13.17 +1.3%	26.4%	€16.64	€7.39	n/a	4
Feb ’25	€13.20	€13.19 -0.09%	26.4%	€16.66	€7.40	n/a	4
Jan ’25	€13.20	€6.81 -48.4%	67.7%	€14.77	€3.69	n/a	4
Dec ’24	€4.06	€3.81 -6.1%	14.9%	€4.67	€2.80	n/a	6
Nov ’24	€3.94	€4.72 +19.9%	46.2%	€9.45	€2.83	n/a	6
Oct ’24	€6.05	€8.88 +46.8%	18.0%	€11.22	€6.54	n/a	6
Sep ’24	€7.90	€9.34 +18.2%	16.5%	€11.02	€7.35	€15.60	6
Aug ’24	€10.50	€9.46 -9.9%	14.3%	€10.82	€7.21	€11.80	6
Jul ’24	€9.75	€8.71 -10.7%	14.6%	€11.00	€7.34	€11.50	6
Jun ’24	€7.45	€8.79 +18.0%	14.6%	€11.11	€7.40	€12.50	6
May ’24	€7.05	€8.76 +24.3%	15.4%	€10.88	€7.25	€11.50	6
Apr ’24	€8.00	€9.99 +24.9%	25.2%	€14.76	€7.38	€12.30	6
Mar ’24	€10.50	€10.14 -3.4%	25.2%	€14.97	€7.49	€13.00	6
Feb ’24	€10.20	€10.62 +4.1%	25.1%	€14.56	€7.28	€13.20	6
Jan ’24	€9.35	€12.56 +34.3%	26.9%	€17.89	€7.53	€13.20	6
Dec ’23	€13.30	€15.26 +14.7%	19.7%	€19.07	€10.04	€4.06	5
Nov ’23	€14.60	€15.47 +6.0%	19.7%	€18.85	€9.92	€3.94	5

Analyst Forecast: Target price is lower than the current share price.