Independent equity research
Is Ryanair Holdings (RY4C) a Buy, Hold or Sell?
Ryanair Holdings — our independent, AI-built valuation and rating, in brief.
BUY (accumulate)
12-mo fair value
€29.00
To fair value
+20%
Report dated 2026-07-23 · fair value derived independently of the market price.
The thesis, in brief
BUY(accumulate)/EUR29 on Q1 FY27 (Ryanair, EUR, FY ends Mar). FY27 fuel/fare DOWN-year, ~13x trough/~9x FY29E, net cash, 300m-pax runway
How we value it
We value Ryanair Holdings using P/E (trough) + FCF/DCF. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full Ryanair Holdings report
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