Subscribe

Cathay Pacific Airways Limited (0293.HK)

HKD13.21 +0.05 (+0.38%)
HK HKSE Industrials Airlines, Airports & Air Services
Address Hong Kong International Airport
Hong Kong, HK
CEO Siu Por Lam
IPO 2000-01-04
ISIN HK0293001514

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 0293.HK (HKD) Other OTC · CPCAF (USD) Other OTC · CPCAY (USD)
Description

Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company provides airline operations, including catering, cargo terminal operations, ground handling services, and commercial laundry operations, as well as scheduled services. The company operates in the Chinese Mainland, Hong Kong, Taiwan, Japan, Korea, the Americas, the Southeast Asia and the Oceania, Europe, the South Asia, the Middle East, and Africa. As of 31st December 2025, it operates 237 aircraft and 103 new passenger and freighter aircraft. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
HKD13.21 +0.05 (+0.38%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
15M
Beta
0.43
Float Shares
963.92M
Free Float %
15.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.15% +4.48% +14.85% -5.41% +10.28% +7.00% +25.95% +82.44% +99.10% +25.95% +16.56%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
13.21
DCF (Unlevered) 228.82 +1,632.2%
DCF (Levered) 281.17 +2,028.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 47% Bullish
Rating 2026-05 Change
Strong Buy 2 -1
Buy 5 0
Hold 4 0
Sell 1 0
Strong Sell 3 +1
Quality scores
Altman Z-Score
2.17
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Airlines, Airports & Air Services: +6.5%
    +11.9% Q4'25: +22.7% (vs Q4'23)
  • EPS growth Airlines, Airports & Air Services: +12.5%
    +21.8% Q4'25: +50.7% (vs Q4'23)
  • FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%
    +10.0% Q4'25: +13.9% (vs Q4'23)
  • EBIT margin Airlines, Airports & Air Services: +10.3%
    +12.1% Q4'25: +13.2% (vs Q4'23)
  • ROIC Airlines, Airports & Air Services: +6.0%
    +11.6% Q4'25: +27.7% (vs Q4'23)
  • Share dilution Airlines, Airports & Air Services: +0.0%
    -8.9% Q4'25: -9.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×
    2.26× Q4'25: 1.03× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.40) × ERP
WACC = 60% × Ke + 40% × Kd (5.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 229.65 Current price: 13.21
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
12 Rev. Ana.
5 EPS Ana.
Dec 2027
13 Rev. Ana.
5 EPS Ana.
Dec 2028
8 Rev. Ana.
2 EPS Ana.
Revenue
102.34B
est: 103.95B (-1.5%)
92.75B
est: 92.06B (+0.8%)
97.28B
est: 94.34B (+3.1%)
111.06B
est: 109.18B (+1.7%)
106.97B
est: 105.30B (+1.6%)
46.93B
est: 45.12B (+4.0%)
45.59B
est: 43.24B (+5.4%)
51.04B
est: 53.49B (-4.6%)
94.49B
est: 92.70B (+1.9%)
104.37B
est: 104.04B (+0.3%)
116.77B
est: 113.01B (+3.3%)
125.26B
120.79B – 130.99B
+10.8% YoY
127.83B
119.30B – 134.51B
+2.1% YoY
135.69B
128.73B – 142.35B
+6.2% YoY
EBITDA
15.06B
est: 17.85B (-15.6%)
7.99B
est: 15.81B (-49.4%)
10.52B
est: 16.20B (-35.1%)
15.35B
est: 18.75B (-18.1%)
18.79B
est: 18.08B (+3.9%)
-3.74B
est: 7.75B (-148.3%)
9.22B
est: 7.42B (+24.1%)
16.02B
est: 9.18B (+74.4%)
20.47B
est: 15.92B (+28.6%)
21.45B
est: 24.18B (-11.3%)
26.18B
est: 26.27B (-0.4%)
29.12B
28.08B – 30.45B
+10.8% YoY
29.71B
27.73B – 31.27B
+2.1% YoY
31.54B
29.93B – 33.09B
+6.2% YoY
EBIT
6.66B
est: -2.82B (+336.1%)
1.47B
est: -2.50B (+158.8%)
1.16B
est: -2.56B (+145.1%)
3.60B
est: -2.96B (+221.3%)
3.78B
est: -2.86B (+232.2%)
-18.34B
est: -1.23B (-1,396.9%)
-1.59B
est: -1.17B (-35.1%)
3.59B
est: -1.45B (+347.3%)
13.00B
est: -2.52B (+616.5%)
13.18B
est: 7.81B (+68.6%)
14.07B
est: 8.49B (+65.8%)
9.41B
9.07B – 9.84B
+10.8% YoY
9.60B
8.96B – 10.10B
+2.1% YoY
10.19B
9.67B – 10.69B
+6.2% YoY
Net Income
6.00B
est: 9.33B (-35.7%)
-575.00M
est: 670.80M (-185.7%)
-1.26B
est: -3.63B (+65.3%)
2.35B
est: 2.95B (-20.5%)
1.69B
est: 1.91B (-11.4%)
-21.65B
est: -26.99B (+19.8%)
-5.53B
est: -8.62B (+35.9%)
-6.62B
est: -6.03B (-9.9%)
9.79B
est: 8.98B (+9.0%)
9.89B
est: 8.37B (+18.1%)
10.83B
est: 9.70B (+11.7%)
8.88B
7.17B – 9.80B
-8.5% YoY
10.30B
9.29B – 11.75B
+16.0% YoY
10.99B
10.26B – 11.69B
+6.7% YoY
SGA
1.81B
est: 5.15B (-64.8%)
1.79B
est: 4.56B (-60.9%)
1.84B
est: 4.68B (-60.6%)
2.08B
est: 5.41B (-61.7%)
5.98B
est: 5.22B (+14.6%)
3.78B
est: 2.24B (+68.9%)
3.90B
est: 2.14B (+81.9%)
4.18B
est: 2.65B (+57.5%)
est: 4.60B (-100.0%)
est: 4.63B (-100.0%)
6.42B
est: 5.02B (+27.7%)
5.57B
5.37B – 5.82B
+10.8% YoY
5.68B
5.30B – 5.98B
+2.1% YoY
6.03B
5.72B – 6.33B
+6.2% YoY
EPS
1.53
est: 1.26 (+21.1%)
-0.15
est: 0.09 (-265.1%)
-0.32
est: -0.49 (+34.9%)
0.60
est: 0.40 (+50.2%)
0.37
est: 0.26 (+43.1%)
-4.24
est: -3.66 (-16.0%)
-0.95
est: -1.17 (+18.6%)
-1.12
est: -0.82 (-37.2%)
1.41
est: 1.22 (+15.9%)
1.49
est: 1.24 (+19.7%)
1.65
est: 1.44 (+14.4%)
1.32
1.07 – 1.46
-8.5% YoY
1.53
1.38 – 1.75
+16.0% YoY
1.63
1.53 – 1.74
+6.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 4/5 5/5 4/5 1/5 4/5 4/5
2026-05-28 A 4/5 4/5 5/5 4/5 1/5 4/5 4/5
2026-05-27 A 4/5 4/5 5/5 4/5 1/5 4/5 4/5
2026-05-26 A 4/5 4/5 5/5 4/5 1/5 4/5 4/5
2026-05-22 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-21 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-20 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-19 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-18 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-15 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-14 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-13 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-12 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-11 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-08 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-07 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-06 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-05 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-04 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-30 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-29 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-28 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-27 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-24 A 4/5 4/5 4/5 5/5 1/5 4/5 4/5
2026-04-23 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5
2026-04-22 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5
2026-04-21 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5
2026-04-20 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5
2026-04-17 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5
2026-04-15 A- 4/5 4/5 4/5 5/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
146.50B
OE per share TTM
20.49
Owner's Yield
166.50%
Maintenance CapEx ratio
166.62%
Maint CapEx / Avg PPE
153.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
424.1K
Shares Outstanding
6.08B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Siu Por Lam Chief Executive Officer & Executive Director 16M male
Patrick Healy Executive Chairman 13M male
Rebecca Jane Sharpe Chief Financial Officer & Executive Director 13M female
James John McGowan Chief Operations and Service Delivery Officer & Executive Director 9M male
Hoi Zee Lau Chief Customer and Commercial Officer & Executive Director 8M female
Jonathan Ng Regional Head of Customer Travel & Lifestyle - Southeast Asia male
Abhijit Abhyankar Regional Head of Customer Travel and Lifestyle male
Patricia Hwang Director of People female
Ray Fung Head of Lifestyle Strategy & Partnerships - Hong Kong
Shanna Docherty Regional Head of Trade Sales for the Middle East & Africa female
Siddhant Iyer Head of Cargo Markets & Customer Solutions - Hong Kong.
Keith Fung General Manager of Corporate Finance male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits