IAG Stock Analysis: International Consolidated | MC
Airlines | MC, Spain | Market Cap: 21.341m EUR | 12M Return: 11.7% | ES0177542018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.4M
EPS Trend: 95.5%
Qual. Beats: 0
Rev. Trend: 91.7%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
International Consolidated Airlines Group S.A. (IAG) is the UK-based holding company for a portfolio of passenger and cargo airlines, including British Airways, Iberia, Vueling, Aer Lingus, and the IAG Loyalty program. The group operates a global route network spanning the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, and the Asia Pacific, and was incorporated in 2009 with headquarters in Harmondsworth.
Beyond core airline operations, IAG is involved in aircraft and component manufacturing, repair, maintenance, overhaul, retrofitting, and upgrades, and provides a wide range of ancillary services including aircraft leasing, ground handling, air freight, IT, finance, flight procurement, and airport infrastructure development. It also manages a loyalty reward currency across its operating brands.
IAGs business model combines full-service flag carriers (British Airways, Iberia) with a low-cost operator (Vueling) and a regional carrier (Aer Lingus), a multi-brand structure typical of large European airline groups seeking to serve different customer segments and route types. The GICS classification of the company as a Passenger Airline within the Industrials sector reflects the capital-intensive, cyclical nature of the industry, where margins are heavily influenced by fuel costs, capacity management, and macroeconomic conditions affecting travel demand.
- Transatlantic capacity discipline supports premium pricing and yields
- Jet fuel costs and currency swings pressure group operating margins
- IAG Loyalty Avios program delivers high-margin recurring earnings growth
| Net Income: 4.47b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.38 > 1.0 |
| NWC/Revenue: -10.69% < 20% (prev -20.19%; Δ 9.49% < -1%) |
| CFO/TA 0.14 > 3% & CFO 6.47b > Net Income 4.47b |
| Net Debt (11.6b) to EBITDA (7.99b): 1.45 < 3 |
| Current Ratio: 0.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.51b) vs 12m ago -5.18% < -2% |
| Gross Margin: 23.78% > 18% (prev 24.42%; Δ -0.64% > 0.5%) |
| Asset Turnover: 94.74% > 50% (prev 75.66%; Δ 19.08% > 0%) |
| Interest Coverage Ratio: 5.04 > 6 (EBIT TTM 5.37b / Interest Expense TTM 1.06b) |
| A: -0.10 (Total Current Assets 15.2b - Total Current Liabilities 19.7b) / Total Assets 46.1b |
| B: 0.01 (Retained Earnings 529.8m / Total Assets 46.1b) |
| C: 0.12 (EBIT TTM 5.37b / Avg Total Assets 45.1b) |
| D: 0.23 (Book Value of Equity 8.62b / Total Liabilities 37.5b) |
| Altman-Z'' = 0.43 = B |
| DSRI: 0.72 (Receivables 1.64b/1.77b, Revenue 42.7b/33.3b) |
| GMI: 1.03 (GM 24.42% / 23.78%) |
| AQI: 1.04 (AQ_t 0.20 / AQ_t-1 0.19) |
| SGI: 1.28 (Revenue 42.7b / 33.3b) |
| TATA: -0.04 (NI 4.47b - CFO 6.47b) / TA 46.1b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of October 19, 2026, the stock is trading at EUR 4.93 with a total of 3,545,652 shares traded. Over the past week, the price has changed by +0.12%, over one month by +0.22%, over three months by -5.61% and over the past year by +11.69%.
Current recommended Stop Loss: 4.70 (which is 4.7% or 2.1 ATR below the current price).
International Consolidated has no consensus analysts rating.
P/E Trailing = 7.4182
P/E Forward = 6.6094
P/S = 0.6395
P/B = 2.5609
P/EG = 2.7251
Revenue TTM = 42.7b EUR
EBIT TTM = 5.37b EUR
EBITDA TTM = 7.99b EUR
Long Term Debt = 6.44b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.93b EUR (from shortTermDebt, last quarter)
Debt = 20.8b EUR (from shortLongTermDebtTotal, last quarter) + Leases 6.91b
Net Debt = 11.6b EUR (calculated: Debt 20.8b - CCE 9.18b)
Enterprise Value = 32.9b EUR (21.3b + Debt 20.8b - CCE 9.18b)
Interest Coverage Ratio = 5.04 (Ebit TTM 5.37b / Interest Expense TTM 1.06b)
EV/FCF = 10.66x (Enterprise Value 32.9b / FCF TTM 3.09b)
FCF Yield = 9.38% (FCF TTM 3.09b / Enterprise Value 32.9b)
FCF Margin = 7.24% (FCF TTM 3.09b / Revenue TTM 42.7b)
Net Margin = 10.48% (Net Income TTM 4.47b / Revenue TTM 42.7b)
Gross Margin = 23.78% ((Revenue TTM 42.7b - Cost of Revenue TTM 32.5b) / Revenue TTM)
Gross Margin QoQ = 28.10% (prev 13.05%)
Tobins Q-Ratio = 0.71 (Enterprise Value 32.9b / Total Assets 46.1b)
Interest Expense / Debt = 5.13% (Interest Expense 1.06b / Debt 20.8b)
Taxrate = 25.96% (1.57b / 6.04b)
NOPAT = 3.97b (EBIT 5.37b * (1 - 25.96%))
Current Ratio = 0.77 (Total Current Assets 15.2b / Total Current Liabilities 19.7b)
Debt / Equity = 2.41 (Debt 20.8b / totalStockholderEquity, last quarter 8.62b)
Debt / EBITDA = 1.45 (Net Debt 11.6b / EBITDA 7.99b)
Debt / FCF = 3.75 (Net Debt 11.6b / FCF TTM 3.09b)
Total Stockholder Equity = 7.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.93% (Net Income 4.47b / Total Assets 46.1b)
RoE = 60.11% (Net Income TTM 4.47b / Total Stockholder Equity 7.44b)
RoCE = 38.66% (EBIT 5.37b / Capital Employed (Equity 7.44b + L.T.Debt 6.44b))
RoIC = 15.17% (NOPAT 3.97b / Invested Capital 26.2b)
WACC = 6.29% (E(21.3b)/V(42.1b) * Re(8.72%) + D(20.8b)/V(42.1b) * Rd(5.13%) * (1-Tc(0.26)))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -55.07 | Cagr: -3.76%
[DCF] Terminal Value 73.44% ; FCFF base≈3.28b ; Y1≈2.93b ; Y5≈2.45b
[DCF] Fair Price = 6.33 (EV 39.2b - Net Debt 11.6b = Equity 27.6b / Shares 4.36b; r=8.35% [WACC [floored]]; 5y FCF grow -13.10% → 2.50% )
EPS Correlation: 95.46 | EPS CAGR: 20.25% | SUE: 0.0 | # QB: 0
Revenue Correlation: 91.73 | Revenue CAGR: 16.31% | SUE: -0.89 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.29 | Chg30d=+1.59% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=0.67 | Chg30d=-0.22% | Revisions=-40% | GrowthEPS=-3.8% | GrowthRev=+3.2%
EPS next Year (2027-12-31): EPS=0.78 | Chg30d=-0.51% | Revisions=-25% | GrowthEPS=+17.3% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: -38% (up=1, down=4)