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Jet2 plc (JET2) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 2.2B GBX

JP Jet2 plc JET2 · LSE
Price£12.87
Fair Value£44.74
Upside+247.6%
Quality55/100
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Evidence: High Range £33.62 – £108.19

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 8 days ago

Fair value updated Jun 24, 2026 — revised from £83.22 to £44.74 (−46.2%) since Jun 23, 2026. Share price +5.6% over the past month.

Price vs Fair Value (12 months)

£17.61 £10.25 Fair Value £44.74 Jul 2025 Jul 2026

12‑month range £10.25 – £17.61 · fair‑value band £33.62 – £108.19 · the £12.87 price screens below the £44.74 fair value. As of Jun 24, 2026.

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Analysis

Jet2 plc (JET2) currently trades at £12.87, while our model-based Fair Value estimate is £44.74 — implying the stock looks roughly 247.6% undervalued today. We read business quality at 55/100 (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 £47.5M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 7.4B GBX
Revenue growth (YoY) +5.0%
Net margin 6.1%
Return on equity 23.6%
Free cash flow 659M GBX FY2025
P/E ratio 5.3
More key figures
Operating margin 13.4%
EPS (TTM) £2.34
Dividend yield 1.4%
EPS growth (YoY) +17.0%
Net cash 47.5M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

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. 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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jet2 plc reported revenue of £7.2B in FY2025 versus £395M in FY2021, a compound +106.4%/yr. Reported net income was £447M in FY2025.

Revenue +106.4%/yr
FY21 £395M
FY22 £1.2B
FY23 £5.0B
FY24 £6.3B
FY25 £7.2B
Net income
FY21 −£271M
FY22 −£315M
FY23 £291M
FY24 £399M
FY25 £447M

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Similar stocks

6 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Booking Holdings BKNG C$28.09 C$16.76 -40%
Airbnb, Inc ABNB C$23.33 C$10.94 -53%
Royal Caribbean Cruises Ltd RCL $268.73 $140.14 -48%
Viking Holdings VIK $103.05 $61.24 -41%
Carnival Corporation CCL $27.85 $17.98 -35%
Trip.com Group 9961 HK$377.40 HK$662.01 +75%

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Frequently asked questions

Is Jet2 plc (JET2) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £44.74 versus a price of £12.87 — about +248% (undervalued). Model-based estimate, not financial advice.
What is the fair value of JET2?
Our model-based fair value for Jet2 plc is £44.74 (as of Jun 24, 2026), built from audited fundamentals. The current price is £12.87.
What is the quality score of JET2?
Jet2 plc has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Jet2 plc (JET2)?
Jet2 plc reported trailing-twelve-month revenue of about £7.4B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of JET2?
The net profit margin of Jet2 plc is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. Based on the latest reported figures.
Does Jet2 plc pay a dividend?
Jet2 plc currently shows a dividend yield of about 1.37% relative to its recent price (as of Jun 24, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.