Obermatt

EVA Airways

TAI:2618 · TW0002618006
AirlinesLarge

360

91
EV / EBIT68
Price / Owner Earnings42
Owner Earnings Yield78
Dividend Yield91
Price/Sales51
EV / Gross Profit80
Price/Book34
Return on Capital84
Cash Return on Capital84
Return on Equity82
EBIT Margin73
Gross Profitability52
Cash Conversion50
Accruals73
Owner Earnings Margin65
Sales growth89
Profit Growth74
Long-Term EPS Growth11
Owner Earnings Growth81
Reinvestment8
Price momentum51
Debt load60
Refinancing29
Debt Payback69
Liquidity69
Analyst ratings58
Opinion Changes50
Price Target Upside30
Market mood100
Value Creation12/20creating some value
  • 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

EVA Airways clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryTaiwan
IndustryAirlines
SizeLarge
TypePublic Company
ExchangeTWSE
Founded1989
Employees1,417
ISINTW0002618006
Last UpdateApr 2, 2026
Themes
Freight ServiceBusiness TravelPassenger Aircraft ManufacturingTransportationTravel

Description

EVA Airways Corp. (EVA Airways) offers passenger and cargo services. Business Segments EVA Airways operates primarily in two main segments: Passenger Services and Cargo Services. Passenger Services The passenger services segment constitutes the c…

Analysis

Hidden champion

EVA Airways Corp. fits the profile of a hidden champion, yet the market has not awarded it the premium its quality earns.

On valuation, the picture is attractive. The owner-earnings multiple stands at 14.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 2% a year, against analyst forecasts of -5%. The gap between price and consensus is worth watching: demanding expectations.

Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
89
2023202420252026

All-time high

93

Jan 2025

All-time low

74

Mar 2026

Average rank

84

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
51
45
59
66
Price/Earnings
46
73
61
69
Price/Book
34
19
36
48
Dividend Yield
91
82
80
68
Value (overall)
55
65
60
73

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 →