International Consolidated Airlines Group S.A. (ADR)

Factors to consider:

• Company pays dividends (irregularly): last record date 2025-12-01, amount 0.09$ (Y0.85%)
• Current price 58.2% above estimated high
• Earnings for 18 months up through Q2 (+1 year) exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2023-12-31 to 2025-12-30

• 2023-12-31 to 2024-12-30 estimated range: [3.75$, 6.28$]
• 2024-12-30 to 2025-12-30 estimated range: [4.01$, 6.70$]

Financial Metrics affecting the ICAGY estimates:

• Positive: with PPE of 1.4 at the end of fiscal year the price was very low
• Positive: Operating cash flow per share per price, % of 51.62 > 13.24
• Positive: 7.86 < Operating profit margin, % of 11.91
• Negative: Shareholder equity ratio, % of 8.68 <= 18.93
• Positive: 5.52 < Industry operating cash flow per share per price (median), % of 8.26
• Positive: Return on assets ratio (scaled to [-100,100]) of 6.58 > 6.04
• Negative: Investing cash flow per share per price, % of -36.33 <= -14.38
• Negative: Industry operating profit margin (median), % of -1.83 <= 2.97