Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Pegasus Hava Tasimaciligi Anonim Sirketi, including its various subsidiaries, specializes in providing air transport services. The carrier operates frequent, short-to-medium-range flights, connecting cities directly or through transit points, across both its domestic and international routes. In addition to scheduled passenger travel, Pegasus extends its offerings to include charter flights, cargo logistics, and aviation simulation training. As of March 31, 2022, the company's scheduled passenger operations spanned 36 internal Turkish routes and 88 international paths reaching destinations across Europe, the CIS region, the Middle East, and Africa. This comprehensive network encompassed 124 locations across 47 different nations and was supported by a fleet of 91 aircraft. Founded in 1990, the enterprise has its primary base in Istanbul, Turkey. Pegasus Hava Tasimaciligi Anonim Sirketi functions as an affiliate of Esas Holding A.S.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, u
Target Price
The average target price of PGSUS.IS is 266 and suggests 56.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i