Jet2 plc

DB:DG1 Stock Report

Market Cap: €2.9b

Jet2 Valuation

Is DG1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of DG1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: DG1 (€13.7) is trading above our estimate of future cash flow value (€2.86)

Significantly Below Future Cash Flow Value: DG1 is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DG1?

Key metric: As DG1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DG1. This is calculated by dividing DG1's market cap by their current earnings.
What is DG1's PE Ratio?
PE Ratio5.5x
EarningsUK£454.10m
Market CapUK£2.48b

Price to Earnings Ratio vs Peers

How does DG1's PE Ratio compare to its peers?

The above table shows the PE ratio for DG1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
LHA Deutsche Lufthansa
6.7x9.12%€11.0b
SIX2 Sixt
10.7x10.02%€2.9b
HHFA Hamburger Hafen und Logistik
38.9xn/a€1.7b
FRA Fraport
16.6x0.55%€7.8b
DG1 Jet2
5.5x-1.24%€2.5b

Price-To-Earnings vs Peers: DG1 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (18.2x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does DG1's PE Ratio compare vs other companies in the Global Airlines Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DG1 5.5xIndustry Avg. 9.8xNo. of Companies14PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DG1 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Global Airlines industry average (9.7x).


Price to Earnings Ratio vs Fair Ratio

What is DG1'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.

DG1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.5x
Fair PE Ratio8.9x

Price-To-Earnings vs Fair Ratio: DG1 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the estimated Fair Price-To-Earnings Ratio (8.9x).


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 DG1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€13.70
€20.86
+52.25%
15.67%€27.11€16.73n/a13
Feb ’27€14.30
€20.86
+45.87%
15.67%€27.11€16.73n/a13
Jan ’27€16.40
€21.68
+32.19%
14.40%€26.84€16.56n/a13
Dec ’26€15.60
€21.56
+38.22%
14.29%€26.75€16.50n/a13
Nov ’26€14.50
€22.30
+53.80%
10.99%€25.75€16.25n/a13
Oct ’26€15.80
€22.84
+44.53%
7.95%€25.73€20.59n/a12
Sep ’26€18.80
€25.03
+33.12%
7.02%€28.92€22.21n/a12
Aug ’26€18.70
€25.03
+33.83%
7.02%€28.92€22.21n/a12
Jul ’26€21.40
€25.16
+17.55%
6.98%€29.27€22.25n/a12
Jun ’26€21.60
€25.35
+17.34%
7.89%€29.67€20.77n/a14
May ’26€18.10
€24.74
+36.71%
6.44%€26.46€20.58n/a14
Apr ’26€14.80
€25.00
+68.90%
7.91%€28.61€20.99n/a13
Mar ’26€16.70
€25.45
+52.37%
8.03%€28.92€21.22n/a13
Feb ’26€18.10
€24.44
+35.05%
8.79%€28.38€20.82€14.3013
Jan ’26€18.70
€24.06
+28.67%
10.01%€28.68€20.44€16.4013
Dec ’25€19.00
€24.00
+26.31%
9.77%€28.67€20.44€15.6013
Nov ’25€17.00
€22.84
+34.38%
8.65%€26.76€20.31€14.5013
Oct ’25€16.70
€22.53
+34.92%
8.94%€26.29€19.95€15.8013
Sep ’25€17.50
€22.53
+28.76%
8.94%€26.29€19.95€18.8013
Aug ’25€16.70
€22.57
+35.14%
8.80%€26.45€20.07€18.7014
Jul ’25€15.40
€22.24
+44.39%
9.54%€26.43€19.71€21.4014
Jun ’25€15.60
€22.27
+42.77%
8.79%€26.06€19.43€21.6014
May ’25€16.60
€22.37
+34.75%
9.05%€26.41€19.28€18.1014
Apr ’25€16.40
€22.27
+35.78%
9.19%€26.46€19.32€14.8012
Mar ’25€16.30
€22.20
+36.21%
9.25%€26.42€19.29€16.7012
Feb ’25€15.50
€21.93
+41.45%
8.69%€25.69€19.27€18.1012
€19.53
Fair Value
29.9% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/13 10:04
End of Day Share Price 2026/02/13 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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

Jet2 plc is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew LobbenbergBarclays
Damian BrewerCanaccord Genuity
Stephen FurlongDavy