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Flynas Valuation Multiples
Discover revenue and EBITDA valuation multiples for Flynas and similar public comparables like Azul, Aeroméxico, Pegasus Airlines, JetBlue Airways and more.
Flynas Overview
About Flynas
Flynas Co is a low-cost airline in Saudi Arabia and the Middle East.
Founded
2010
HQ
Employees
N/A
Website
Sectors
Financials (LTM)
EV
$3B
Flynas Financials
Flynas reported last 12-month revenue of $2B and EBITDA of $650M.
In the same LTM period, Flynas generated $650M in EBITDA and $36M in net income.
Revenue (LTM)
Flynas P&L
In the most recent fiscal year, Flynas reported revenue of $2B and EBITDA of $658M.
Flynas expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $395M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 19% | XXX | XXX | XXX |
| EBITDA | $650M | XXX | $658M | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 31% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| Net Profit | $36M | XXX | $4M | XXX | XXX | XXX |
| Net Margin | 2% | XXX | 0% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Flynas Stock Performance
Flynas has current market cap of $2B, and enterprise value of $3B.
Market Cap Evolution
Flynas' stock price is $13.74.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $2B | -2.3% | XXX | XXX | XXX | $0.02 |
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Start Free TrialFlynas Valuation Multiples
Flynas trades at 1.5x EV/Revenue multiple, and 5.0x EV/EBITDA.
EV / Revenue (LTM)
Flynas Financial Valuation Multiples
As of April 22, 2026, Flynas has market cap of $2B and EV of $3B.
Equity research analysts estimate Flynas' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Flynas has a P/E ratio of 65.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 5.0x | XXX | 4.9x | XXX | XXX | XXX |
| EV/EBIT | 12.6x | XXX | 11.7x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 8.1x | XXX | XXX | XXX |
| P/E | 65.2x | XXX | 605.6x | XXX | XXX | XXX |
| EV/FCF | 63.6x | XXX | (67.5x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Flynas Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Flynas Margins & Growth Rates
Flynas' revenue in the last 12 month grew by 12%.
Flynas' rule of 40 is 38% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Flynas' rule of X is 53% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Flynas Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 31% | XXX | XXX | XXX |
| EBITDA Growth | 4% | XXX | (4%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 38% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 53% | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 6% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Flynas Public Comps
See public comps and valuation multiples for other Airlines comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Flynas | XXX | XXX | XXX | XXX | XXX | XXX |
| Azul | XXX | XXX | XXX | XXX | XXX | XXX |
| Aeroméxico | XXX | XXX | XXX | XXX | XXX | XXX |
| Pegasus Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| JetBlue Airways | XXX | XXX | XXX | XXX | XXX | XXX |
| Vietnam Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Flynas M&A Activity
Flynas acquired XXX companies to date.
Last acquisition by Flynas was on XXXXXXXX, XXXXX. Flynas acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Flynas
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialFlynas Investment Activity
Flynas invested in XXX companies to date.
Flynas made its latest investment on XXXXXXXX, XXXXX. Flynas invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Flynas
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Flynas
| When was Flynas founded? | Flynas was founded in 2010. |
| Where is Flynas headquartered? | Flynas is headquartered in Saudi Arabia. |
| Is Flynas publicly listed? | Yes, Flynas is a public company listed on Tadawul. |
| What is the stock symbol of Flynas? | Flynas trades under 4264 ticker. |
| When did Flynas go public? | Flynas went public in 2025. |
| Who are competitors of Flynas? | Flynas main competitors are Azul, Aeroméxico, Pegasus Airlines, JetBlue Airways. |
| What is the current market cap of Flynas? | Flynas' current market cap is $2B. |
| What is the current revenue of Flynas? | Flynas' last 12 months revenue is $2B. |
| What is the current revenue growth of Flynas? | Flynas revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Flynas? | Current revenue multiple of Flynas is 1.5x. |
| Is Flynas profitable? | Yes, Flynas is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Flynas? | Flynas' last 12 months EBITDA is $650M. |
| What is Flynas' EBITDA margin? | Flynas' last 12 months EBITDA margin is 30%. |
| What is the current EV/EBITDA multiple of Flynas? | Current EBITDA multiple of Flynas is 5.0x. |
| What is the current FCF of Flynas? | Flynas' last 12 months FCF is $51M. |
| What is Flynas' FCF margin? | Flynas' last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of Flynas? | Current FCF multiple of Flynas is 63.6x. |
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