Jet2 PLC (JET2) Fair Value & Analysis
Consumer Cyclical · GB · Market cap 2.7B GBX
Fair value as of: Aug 13, 2026
From 26 valuation models · updated 3 days ago
Fair value updated Aug 13, 2026, revised from £49.98 to £47.31 (−5.3%) since Jul 15, 2026. Share price +6.0% over the past month.
A solid business, screening 197% undervalued on our models.
What matters now
- The price is below even our cautious bear case (£35.48). The market is more pessimistic than our downside scenario.
- Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
- A fairly wide model range (£35.48 to £75.48) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range £6.44 – £19.22 · fair‑value band £35.48 – £75.48 · the £15.93 price screens below the £47.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Jet2 PLC (JET2) currently trades at £15.93, while our model-based Fair Value estimate is £47.31, implying the stock looks roughly 197.0% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, Jet2 PLC generated revenue of £7.4B at a net margin of 6.1%. Revenue grew 5.0% year over year. It earns a return on equity of 23.6%. The balance sheet holds a net cash position of £2.0B. Fundamentals as of Aug 13, 2026
Our scenario range runs from £35.48 (bear case) to £75.48 (bull case); at £15.93, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. Analysts expect earnings well below the last reported figure (earnings in transition, for example expiring patents or contracts); a fair value that looks fair on trailing earnings may then be too optimistic. For context, the median of 10 Consumer Cyclical peers we cover trades at -28% fair-value upside, at 197%, JET2 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (£83.67) versus Dividend Discount (£2.69). Highest evidence: Growth DCF (80).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 60
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Jet2 plc, together with its subsidiaries, engages in the leisure travel business in the United Kingdom. The company operates scheduled holiday flights and packaged holidays to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities.
Full company description
Jet2 plc, together with its subsidiaries, engages in the leisure travel business in the United Kingdom. The company operates scheduled holiday flights and packaged holidays to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the sale of non-ticket ancillary products; passenger and charter aircraft operations; and other value added products. As of March 31, 2025, the company's fleet consisted of 135 aircraft. In addition, it engages in aircraft leasing; and provides financing and aviation services. The company operates under the Jet2holidays, Jet2.com, Jet2CityBreaks, Indulgent Escapes, Vibe by Jet2holidays, and Jet2Villas brands. The company was formerly known as Dart Group PLC and changed its name to Jet2 plc in September 2020. Jet2 plc was founded in 1971 and is headquartered in Leeds, the United Kingdom.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Jet2 PLC reported revenue of £7.5B in FY2026 versus £1.2B in FY2022, a compound +57.0%/yr. Reported net income was £411M in FY2026.
of which total revenue +18.9 pp · buybacks/dilution −5.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
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Peer Group
Travel Services · 92 stocks
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.
Valuation Multiples vs Travel Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Booking Holdings BKNG | $212.26 | $152.94 | -28% |
| Airbnb, Inc ABNB | $180.10 | $85.66 | -52% |
| Royal Caribbean Cruises Ltd RCL | $307.15 | $215.19 | -30% |
| Viking Holdings VIK | $104.19 | $43.68 | -58% |
| Carnival Corporation CCL | $27.67 | $31.36 | +13% |
| Expedia Group EXPE | $325.57 | $248.63 | -24% |
| Trip.com Group TCOM | $45.58 | $89.04 | +95% |
| Norwegian Cruise Line Holdings NCLH | $18.92 | $20.28 | +7% |
| Global Business Travel Group GBTG | $9.44 | $5.04 | -47% |
| Travel + Leisure Co TNL | $74.68 | $26.57 | -64% |
Compare Jet2 PLC with another stock
Price, fair value, quality and upside side by side.
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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