According to analysts at Panmure Liberum, IAG SA, the parent company of British Airways, is believed to be undervalued by 50%. The analysts highlight that the current share price does not accurately reflect the company's strong return on capital and profit margins, which are significantly higher than those of its competitors.

The analysts suggest that IAG SA should be trading at more than double its current valuation, presenting a potential opportunity for investors. The analysis emphasizes the airline's robust financial performance as a key factor that justifies a reassessment of its market position.