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Air New Zealand Limited (AIR.NZ)

NZD0.43 +0.00 (+0.00%)
NZ NZE Industrials Airlines, Airports & Air Services
Address Air New Zealand House 1010
Auckland, NZ
CEO Nikhil Ravishankar
IPO 2000-01-01
ISIN NZAIRE0001S2

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Also trades on Australian Securities Exchange · AIZ.AX (AUD) New Zealand Exchange · AIR.NZ (NZD) Other OTC · ANZFF (USD) Other OTC · ANZLY (USD)
Description

Air New Zealand Limited, founded in 1940 and headquartered in Auckland, New Zealand, primarily conducts scheduled passenger and cargo air transport operations. Its comprehensive service network covers New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. In addition to its core airline activities, the company provides a suite of ancillary aviation services, which include ground handling, maintenance, repair, and overhaul (MRO) for aircraft and their components, general aviation support, and aircraft leasing and financing. As of June 30, 2021, its fleet consisted of 7 Boeing 777-300ERs, 8 Boeing 777-200ERs, 14 Boeing 787-9 Dreamliners, 11 Airbus A320/321NEOs, 20 Airbus A320CEOs, 28 ATR 72-600s, and 23 Bombardier Q300 aircraft. The company was formerly named Tasman Empire Airways Limited before officially adopting Air New Zealand Limited in April 1965.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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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
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Price Chart
Averages
Trend
Price
Levels
Draw
NZD0.43 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.56
Float Shares
1.59B
Free Float %
49.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.12% +2.33% +3.53% -20.72% -26.05% -24.14% -26.67% -42.86% -56.86% -67.65% -93.71%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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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

Price Targets & DCF
Current price
0.43
DCF (Unlevered) 1.03 +143.5%
DCF (Levered) 2.48 +484.0%

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) 17% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 1 0
Sell 3 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.43
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Airlines, Airports & Air Services: +6.5%
    +0.0% Q4'25: -0.9% (vs Q4'23)
  • EPS growth Airlines, Airports & Air Services: +12.5%
    -14.6% Q4'25: -132.4% (vs Q4'23)
  • FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%
    +3.0% Q4'25: -13.9% (vs Q4'23)
  • EBIT margin Airlines, Airports & Air Services: +10.3%
    +5.0% Q4'25: -0.8% (vs Q4'23)
  • ROIC Airlines, Airports & Air Services: +6.0%
    +6.7% Q4'25: -1.4% (vs Q4'23)
  • Share dilution Airlines, Airports & Air Services: +0.0%
    +1.1% Q4'25: -4.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×
    2.66× Q4'25: 3.34× (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 (0.54) × ERP
WACC = 35% × Ke + 65% × Kd (5.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.03 Current price: 0.43
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 Jun 2015
actual
Jun 2016
actual
Jun 2017
actual
Jun 2018
actual
Jun 2019
actual
Jun 2020
actual
Jun 2021
actual
Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
6 Rev. Ana.
4 EPS Ana.
Jun 2027
6 Rev. Ana.
4 EPS Ana.
Jun 2028
6 Rev. Ana.
4 EPS Ana.
Jun 2029
4 Rev. Ana.
1 EPS Ana.
Jun 2030
3 Rev. Ana.
1 EPS Ana.
Revenue
4.93B
est: 4.95B (-0.4%)
5.23B
est: 5.31B (-1.4%)
5.11B
est: 5.11B (+0.0%)
5.49B
est: 5.45B (+0.7%)
5.79B
est: 5.79B (-0.1%)
4.84B
est: 4.60B (+5.1%)
2.52B
est: 2.61B (-3.7%)
2.73B
est: 2.63B (+4.1%)
6.23B
est: 6.32B (-1.4%)
6.75B
est: 6.70B (+0.8%)
6.76B
est: 6.74B (+0.3%)
6.91B
6.72B – 7.01B
+2.5% YoY
7.28B
7.13B – 7.38B
+5.5% YoY
7.64B
7.63B – 7.65B
+4.9% YoY
8.33B
8.13B – 8.45B
+9.0% YoY
8.70B
8.49B – 8.82B
+4.4% YoY
EBITDA
1.01B
est: 632.21M (+59.1%)
1.17B
est: 678.26M (+72.9%)
1.06B
est: 652.96M (+62.0%)
1.09B
est: 696.55M (+56.8%)
969.00M
est: 739.93M (+31.0%)
316.00M
est: 588.03M (-46.3%)
340.00M
est: 334.08M (+1.8%)
-107.00M
est: 335.73M (-131.9%)
1.40B
est: 808.16M (+72.7%)
1.09B
est: 856.55M (+27.4%)
1.07B
est: 861.33M (+23.6%)
882.79M
859.02M – 895.72M
+2.5% YoY
931.13M
910.93M – 944.09M
+5.5% YoY
977.13M
975.67M – 978.59M
+4.9% YoY
1.06B
1.04B – 1.08B
+9.0% YoY
1.11B
1.09B – 1.13B
+4.4% YoY
EBIT
582.00M
est: -212.05M (+374.5%)
763.00M
est: -227.50M (+435.4%)
614.00M
est: -219.01M (+380.4%)
613.00M
est: -233.63M (+362.4%)
415.00M
est: -248.18M (+267.2%)
-525.00M
est: -197.23M (-166.2%)
-375.00M
est: -112.06M (-234.7%)
-775.00M
est: -112.61M (-588.2%)
701.00M
est: -271.07M (+358.6%)
375.00M
est: -287.30M (+230.5%)
338.00M
est: -288.90M (+217.0%)
-296.10M
-300.44M – -288.13M
-2.5% YoY
-312.31M
-316.66M – -305.54M
-5.5% YoY
-327.74M
-328.23M – -327.25M
-4.9% YoY
-357.10M
-362.20M – -348.45M
-9.0% YoY
-372.97M
-378.29M – -363.93M
-4.4% YoY
Net Income
327.00M
est: 555.35M (-41.1%)
463.00M
est: 933.76M (-50.4%)
382.00M
est: 646.38M (-40.9%)
390.00M
est: 676.28M (-42.3%)
270.00M
est: 454.11M (-40.5%)
-454.00M
est: -132.88M (-241.7%)
-289.00M
est: -548.41M (+47.3%)
-591.00M
est: -851.15M (+30.6%)
412.00M
est: 412.00M (+0.0%)
146.00M
est: 121.33M (+20.3%)
126.00M
est: 126.00M (+0.0%)
-226.03M
-369.28M – -128.74M
-279.4% YoY
-111.95M
-236.20M – -44.22M
+50.5% YoY
101.64M
45.59M – 206.15M
+190.8% YoY
126.00M
122.03M – 128.34M
+24.0% YoY
177.08M
171.50M – 180.37M
+40.5% YoY
SGA
1.71B
est: 1.45B (+17.9%)
1.82B
est: 1.55B (+17.0%)
1.84B
est: 1.50B (+23.2%)
1.88B
est: 1.60B (+17.7%)
1.95B
est: 1.69B (+14.8%)
1.45B
est: 1.35B (+7.7%)
903.00M
est: 765.22M (+18.0%)
1.11B
est: 769.00M (+44.0%)
685.00M
est: 1.85B (-63.0%)
1.95B
est: 1.96B (-0.5%)
2.04B
est: 1.97B (+3.1%)
2.02B
1.97B – 2.05B
+2.5% YoY
2.13B
2.09B – 2.16B
+5.5% YoY
2.24B
2.23B – 2.24B
+4.9% YoY
2.44B
2.38B – 2.47B
+9.0% YoY
2.55B
2.49B – 2.58B
+4.4% YoY
EPS
0.18
est: 0.16 (+10.4%)
0.25
est: 0.27 (-8.8%)
0.21
est: 0.19 (+10.6%)
0.21
est: 0.20 (+5.7%)
0.15
est: 0.13 (+12.5%)
-0.25
est: -0.04 (-540.7%)
-0.16
est: -0.16 (+0.6%)
-0.41
est: -0.25 (-64.0%)
0.12
est: 0.12 (-0.5%)
0.04
est: 0.04 (+7.5%)
0.04
est: 0.03 (+8.7%)
-0.08
-0.11 – -0.04
-325.6% YoY
-0.04
-0.07 – -0.01
+54.0% YoY
0.03
0.01 – 0.06
+190.1% YoY
0.04
0.04 – 0.04
+14.6% YoY
0.05
0.05 – 0.05
+40.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-28 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-27 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-26 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-25 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-01 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.23B
OE per share TTM
0.65
Owner's Yield
156.43%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
103.0%

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.

ETF Ownership

Top ETFs holding this stock Held by 49 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI New Zealand ETF ENZL 1.19% 799.5K 0.50%
2 Avantis International Small Cap Value ETF AVDV 0.08% 15.09M 0.36%
3 Avantis International Small Cap Equity ETF AVDS 0.04% 111.1K 0.30%
4 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.03% 217.5K 0.41%
5 Avantis Global Small Cap Value UCITS ETF AVGS.L 0.01% 149.8K 0.39%
6 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.01% 25.5K 0.83%
7 iShares MSCI EAFE Small-Cap ETF SCZ 0.01% 1.54M 0.40%
8 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.40M 0.06%
9 Dimensional - International Small Cap Value ETF DISV 0.01% 321.5K 0.42%
10 Dimensional - International Small Cap ETF DFIS 0.01% 352.9K 0.39%

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
29.1K
Shares Outstanding
3.23B

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
Nikhil Ravishankar Chief Executive Officer 3M male
Jeremy O'Brien Chief Customer & Digital Officer male
Kim Cootes Head of Investor Relations female
Kiri Hannifin Chief Sustainability & Corporate Affairs Officer female
Leila Peters General Manager of Corporate Finance female
Mike Williams Chief Operations Officer of Technical Operations male
Nathan McGraw Chief Safety & Risk Officer male
Nikki Dines Chief People Officer female
Jennifer Page General Counsel & Company Secretary female
Richard Thomson Chief Financial Officer 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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits