Obermatt

Ryanair

ISE:RYA · IE00BYTBXV33
AirlinesX-Large

360

95
EV / EBIT77
Price / Owner Earnings72
Owner Earnings Yield96
Dividend Yield37
Price/Sales36
EV / Gross Profit70
Price/Book31
Return on Capital87
Cash Return on Capital90
Return on Equity86
EBIT Margin67
Gross Profitability76
Cash Conversion34
Accruals21
Owner Earnings Margin73
Sales growth45
Profit Growth92
Long-Term EPS Growth38
Owner Earnings Growth55
Reinvestment44
Price momentum30
Debt load95
Refinancing29
Debt Payback100
Liquidity99
Analyst ratings61
Opinion Changes54
Price Target Upside85
Market mood43
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Ryanair generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryIreland
IndustryAirlines
SizeX-Large
TypePublic Company
ExchangeISE
Founded1996
ISINIE00BYTBXV33
Last UpdateApr 2, 2026
Themes
Online PaymentsSimulationPassenger Aircraft ManufacturingCar SharingTourismTravel AccommodationsBusiness Travel

Description

Ryanair Holdings plc (Ryanair) operates as a low-fare, scheduled-passenger airline serving short-haul, point-to-point routes mainly within Europe. As of March 31, 2025, the company had a principal fleet of 587 Boeing 737 aircraft and 26 Airbus A320…

Analysis

Middle-of-the-road

Ryanair Holdings plc sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is fair. The owner-earnings multiple stands at 15.1×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 3% a year, against analyst forecasts of 6%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator. Analysts lean positive.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
89
2023202420252026

All-time high

100

Feb 2026

All-time low

51

Jan 2023

Average rank

77

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
36
18
17
13
Price/Earnings
31
30
28
24
Price/Book
31
13
11
12
Dividend Yield
37
27
32
39
Value (overall)
16
5
18
14

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →