Cathay Pacific Airways Limited (HK:0293)
:0293
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0293 Stock Chart & Stats
HK$11.61
HK$0.77(7.83%)
At close: 4:00 PM EST
HK$11.61
HK$0.77(7.83%)
Day’s Range― - ―
52-Week RangeHK$9.76 - HK$14.15
Previous CloseN/A
Volume44.20M
Average Volume (3M)6.04M
Market Cap
HK$80.45B
Enterprise ValueHK$131.51B
Total Cash (Recent Filing)HK$12.29B
Total Debt (Recent Filing)HK$59.10B
Price to Earnings (P/E)8.1
Beta0.28
Next Earnings
Jun 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield5.38%
Share Statistics
EPS (TTM)1.66
Shares Outstanding6,081,128,000
10 Day Avg. Volume4,665,298
30 Day Avg. Volume6,037,362
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)1.35
Price to Sales (P/S)0.70
P/FCF Ratio5.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$13.22Price Target Upside13.84% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)1.32
Revenue Forecast (FY)HK$125.26B
Bulls Say, Bears Say
Bulls Say
Sustainable ProfitabilityConsistent positive margins (net ~9%, EBIT ~12%) indicate durable pricing power and operational discipline across the network. For an airline, sustainable margins support reinvestment in fleet and network, help absorb cyclical shocks, and underpin long-term cash generation even if volumes fluctuate.
Strong Cash GenerationSubstantial operating cash flow and sizeable free cash flow in 2025 demonstrate robust cash generation capacity. Reliable FCF funds maintenance, targeted capex and debt reduction without wholesale reliance on external financing, improving financial flexibility and resilience across airline cycles.
High ROE / Capital EfficiencyA high return on equity (~18%) shows the group converts shareholder capital into profits efficiently. That capital efficiency, supported by network scale and cargo/passenger mix, indicates competitive advantages that can sustain returns and enable strategic reinvestment through multiple cycles.
Bears Say
Elevated LeverageDebt roughly in line with equity leaves limited financial headroom in a cyclical industry. Elevated leverage constrains flexibility to absorb demand shocks, pursue opportunistic investment or return capital, and increases vulnerability if margins compress or traffic weakens over the medium term.
Margin VolatilityA sharp drop in gross margin year-on-year highlights sensitivity to fuel, capacity mix and demand. Such margin volatility undermines earnings predictability and complicates multi-period planning, making cash flows and returns materially cyclical despite positive headline profitability.
Imperfect Cash ConversionFCF covering only around 62% of net income suggests working capital, capex or other cash uses absorb a meaningful portion of earnings. Persistent cash conversion gaps limit ability to deleverage, sustain dividends, or self-fund growth without relying on external financing in weaker periods.
Cathay Pacific Airways News
0293 FAQ
What was Cathay Pacific Airways Limited’s price range in the past 12 months?
Cathay Pacific Airways Limited lowest stock price was HK$9.76 and its highest was HK$14.15 in the past 12 months.
What is Cathay Pacific Airways Limited’s market cap?
Cathay Pacific Airways Limited’s market cap is HK$80.45B.
When is Cathay Pacific Airways Limited’s upcoming earnings report date?
Cathay Pacific Airways Limited’s upcoming earnings report date is Jun 19, 2026 which is in 15 days.
How were Cathay Pacific Airways Limited’s earnings last quarter?
Cathay Pacific Airways Limited released its earnings results on Mar 11, 2026. The company reported HK$1.075 earnings per share for the quarter, beating the consensus estimate of N/A by HK$1.075.
Is Cathay Pacific Airways Limited overvalued?
According to Wall Street analysts Cathay Pacific Airways Limited’s price is currently Undervalued.
Does Cathay Pacific Airways Limited pay dividends?
Cathay Pacific Airways Limited pays a Semiannually dividend of HK$0.2 which represents an annual dividend yield of 5.38%. See more information on Cathay Pacific Airways Limited dividends here
What is Cathay Pacific Airways Limited’s EPS estimate?
Cathay Pacific Airways Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Cathay Pacific Airways Limited have?
Cathay Pacific Airways Limited has 6,081,128,000 shares outstanding.
What happened to Cathay Pacific Airways Limited’s price movement after its last earnings report?
Cathay Pacific Airways Limited reported an EPS of HK$1.075 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.353%.
Which hedge fund is a major shareholder of Cathay Pacific Airways Limited?
Currently, no hedge funds are holding shares in HK:0293
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cathay Pacific Airways Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.01%
12-Months-Change
Fundamentals
Return on Equity
19.38%
Trailing 12-Months
Asset Growth
3.18%
Trailing 12-Months
Company Description
Cathay Pacific Airways Limited
Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. The company conducts airline operations principally to and from Hong Kong. It also provides property investment, travel reward program, travel tour operator, financial, aircraft leasing and acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, aircraft engineering, cargo carriage, airport ground engineering support and equipment maintenance, and inventory technical management services. In addition, the company operates a computer network for interchange of air cargo related information; and offers repair and maintenance services for transportation companies. It operates in the Americas, Europe, Southeast Asia, Southwest Pacific, North Asia, South Asia, the Middle East, and Africa. As of December 31, 2021, it operated 234 aircraft directly connecting Hong Kong to 119 destinations in 35 countries worldwide, including 26 destinations in China. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong.
0293 Company Deck
0293 Earnings Call
Q4 2026
0:00 / 0:00
0293 Stock 12 Month Forecast
Average Price Target
HK$13.22
▲(13.84% Upside)
Technical Analysis
Air China
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Orient Overseas (International)
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Sinotrans
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China Southern Airlines Company Limited Class H
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China Eastern Airlines Corporation Limited Class H
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Options Prices
Currently, No data available
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