Air Global PLC (AIIR) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Air Global PLC $6.12, price $7.39, upside -17.2%, quality 68 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Air Global PLC Ordinary Shares for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
AIR Global PLC manufactures and sells hookah and inhalation products. It sells its products through a B2B e-commerce platform. The company was formerly known as AIR Holdings Limited and changed its name to AIR Global PLC in April 2026. The company was founded in 1999 and is based in Dubai, United Arab Emirates.
Stock analysis
Air Global PLC Ordinary Shares (AIIR) currently trades at $7.39, while our model-based Fair Value estimate is $6.12, 17.2% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $5.93 per share, and 3 of the 24 models we run sit above the $7.39 price.
Bear case: the Asset-Based group reads lowest at $0.8700, and 21 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: $4.17 (bear) to $7.66 (bull), the price of $7.39 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Air Global PLC Ordinary Shares reported revenue of $400M in FY2025 versus $364M in FY2023, a compound +4.8%/yr. Reported net income was $46.8M in FY2025, compounding −6.7%/yr from FY2023.
Key figures
Market cap $1.1B · P/E ratio 25.5 · P/S ratio 2.98 · EPS (TTM) $0.2900 · Dividend yield 0.1% · Net margin 11.7% · Return on assets (EBIT) 12.2% · Free cash flow $90.1M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (medium confidence).
What moves the price
For context, the median of 10 Consumer Defensive peers we cover trades at 25% fair-value upside, at −17%, AIIR screens richer than that median.
Fair Value models
Bear $4.17Fair Value $6.12Bull $7.66
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.2193 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: only 3 usable fiscal years, at least 4 required
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−9.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −12.0% a year for the price.
News mood ⓘNews mood, the average tone of recent news (9 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Compare Air Global PLC Ordinary Shares with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Tobacco · 37 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside−20.4% · Below median
Profitability
Return on assets0.0% · Below median
Net margin (TTM)11.7% · Below median
Operating margin (TTM)0.0% · Bottom 25%
Growth and dividend
Revenue growth0.0% · Above median
Dividend yield (TTM)0.1% · Bottom 25%
Balance sheet
Debt / equity1.71× · Highest 25%
Valuation Multiplesvs Tobacco median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Air Global PLC Ordinary Shares Fair Value". https://www.fairvalue-calculator.com/stock/AIIR
Frequently asked questions
Is Air Global PLC (AIIR) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of $6.12 versus a price of $7.39, about −17% upside (overvalued).
What is the fair value of AIIR?
Our model-based fair value for Air Global PLC Ordinary Shares is $6.12 (as of Sep 27, 2026), built from audited fundamentals. The current price: $7.39.
What is the quality score of AIIR?
Air Global PLC Ordinary Shares has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Air Global PLC (AIIR)?
Our model-based price target is the fair value of $6.12 (as of Sep 27, 2026) from 24 valuation models. Cautious scenario $4.17, optimistic scenario $7.66. It is a calculation from audited fundamentals, not an analyst target.
What is the Air Global PLC Ordinary Shares stock forecast for 2026?
Our models put fair value at $6.12, about −17% upside versus a price of $7.39 (overvalued). Cautious scenario $4.17, optimistic scenario $7.66. The calculation is refreshed regularly with new filings.
Does Air Global PLC Ordinary Shares pay a dividend?
Air Global PLC Ordinary Shares currently shows a dividend yield of about 0.06% relative to its recent price (as of Sep 27, 2026).
What growth is priced into Air Global PLC (AIIR)?
For today's price to be fair in a discounted-cash-flow model, Air Global PLC Ordinary Shares would have to grow free cash flow by -9.9 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 2 years revenue grew +4.8 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of AIIR use?
Our models discount Air Global PLC Ordinary Shares at 11.2 %: a base by market capitalisation (small), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Air Global PLC Ordinary Shares that is -9.9 % per year a year over ten years, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has Air Global PLC (AIIR) delivered so far?
Over the past 2 years revenue at Air Global PLC Ordinary Shares grew +4.8 % a year. The price currently implies -9.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Air Global PLC (AIIR) growing?
The median revenue growth in the sector is +0.9 % a year. That is the yardstick for the growth priced into Air Global PLC Ordinary Shares (-9.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Air Global PLC (AIIR)?
The free-cash-flow yield on the price is 34.75 %: that much free cash flow Air Global PLC Ordinary Shares produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Air Global PLC (AIIR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Air Global PLC Ordinary Shares it is $6.12 per share (as of Sep 27, 2026), against a price of $7.39. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Air Global PLC Ordinary Shares stock overvalued or undervalued in 2026?
As of Sep 27, 2026, AIIR trades above its calculated fair value: price $7.39, fair value $6.12, a gap of about −17% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AIIR?
No. The price is what the market pays today ($7.39); the fair value is what the company's own numbers justify ($6.12). For Air Global PLC Ordinary Shares the two are $1.27 per share apart. That gap is exactly why we show both numbers side by side.
How much is Air Global PLC Ordinary Shares worth?
The market values Air Global PLC Ordinary Shares at about $1.1B (market capitalisation, as of Sep 27, 2026). Per share that is $7.39; our models calculate a fair value of $6.12 per share.
What do the bullish and bearish scenarios say about AIIR?
Our models span a range for Air Global PLC Ordinary Shares: cautious scenario $4.17, base $6.12, optimistic $7.66 per share (as of Sep 27, 2026, price $7.39). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AIIR?
Air Global PLC Ordinary Shares trades at a price-to-earnings ratio of 25.5 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $6.12 is built from several models across several years.
How solid is the balance sheet of Air Global PLC (AIIR)?
Balance-sheet figures for Air Global PLC Ordinary Shares (as of Sep 27, 2026): debt of 1.71 per unit of equity. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
Which stocks are comparable to Air Global PLC Ordinary Shares?
From the same area (Consumer Defensive) we also value Philip Morris International Inc, British American Tobacco p.l.c., Altria Group, ITC Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Air Global PLC Ordinary Shares stock attractive at the current price?
The data as of Sep 27, 2026: price $7.39, calculated fair value $6.12 (−17%), Quality Score 68/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AIIR calculated?
We run Air Global PLC Ordinary Shares through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $6.12, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Air Global PLC Ordinary Shares itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Air Global PLC (AIIR)?
The closing price on Oct 2, 2026 was $7.39. Our model-based fair value is $6.12, about −17% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Air Global PLC Ordinary Shares right now?
Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($4.17 to $7.66) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Air Global PLC Ordinary Shares
How large is the market capitalisation of Air Global PLC (AIIR)?
The market capitalisation of Air Global PLC Ordinary Shares is $1.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Air Global PLC (AIIR)?
The price-to-sales ratio of Air Global PLC Ordinary Shares is 2.98 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Air Global PLC (AIIR)?
Earnings per share at Air Global PLC Ordinary Shares are $0.2900 (price ÷ EPS = P/E 25.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Air Global PLC (AIIR)?
The dividend yield of Air Global PLC Ordinary Shares is 0.1% (payout 1.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Air Global PLC (AIIR)?
The net margin of Air Global PLC Ordinary Shares is 11.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Air Global PLC (AIIR)?
On an EBIT basis the return on assets of Air Global PLC Ordinary Shares is 12.2% (avg 3y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How much net debt does Air Global PLC (AIIR) carry?
The net debt of Air Global PLC Ordinary Shares is $281M (fiscal year 2025, ≈ 3.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Air Global PLC Ordinary Shares in the live analysis
One click puts Air Global PLC Ordinary Shares on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Thin data
Sep 27, 2026