AIR INDUSTRIES GROUP (AIRI)
US00912N4034 - Common Stock
We assign a fundamental rating of 1 out of 10 to AIRI. AIRI was compared to 64 industry peers in the Aerospace & Defense industry. AIRI may be in some trouble as it scores bad on both profitability and health. AIRI is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AIRI had negative earnings in the past year.
In the past year AIRI had a positive cash flow from operations.
In multiple years AIRI reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: AIRI reported negative operating cash flow in multiple years.
1.2 Ratios
AIRI has a worse Return On Assets (-4.22%) than 62.50% of its industry peers.
AIRI's Return On Equity of -14.08% is on the low side compared to the rest of the industry. AIRI is outperformed by 60.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.22% | ||
| ROE | -14.08% | ||
| ROIC | N/A |
ROA(3y)-1.05%
ROA(5y)-1.32%
ROE(3y)-3.69%
ROE(5y)-6.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 14.42%, AIRI is doing worse than 71.88% of the companies in the same industry.
AIRI's Gross Margin has improved in the last couple of years.
AIRI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 14.42% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.53%
GM growth 5Y3.33%
2. Health
2.1 Basic Checks
AIRI does not have a ROIC to compare to the WACC, probably because it is not profitable.
AIRI has more shares outstanding than it did 1 year ago.
AIRI has more shares outstanding than it did 5 years ago.
AIRI has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.32, we must say that AIRI is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.32, AIRI is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
The Debt to FCF ratio of AIRI is 8.50, which is on the high side as it means it would take AIRI, 8.50 years of fcf income to pay off all of its debts.
AIRI has a Debt to FCF ratio (8.50) which is comparable to the rest of the industry.
AIRI has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.48, AIRI perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 8.5 | ||
| Altman-Z | -0.32 |
ROIC/WACCN/A
WACC9.52%
2.3 Liquidity
A Current Ratio of 1.46 indicates that AIRI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.46, AIRI is not doing good in the industry: 60.94% of the companies in the same industry are doing better.
AIRI has a Quick Ratio of 1.46. This is a bad value and indicates that AIRI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.33, AIRI is not doing good in the industry: 95.31% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
AIRI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -98.48%.
AIRI shows a decrease in Revenue. In the last year, the revenue decreased by -3.23%.
Measured over the past years, AIRI shows a small growth in Revenue. The Revenue has been growing by 2.96% on average per year.
EPS 1Y (TTM)-98.48%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q121.43%
Revenue 1Y (TTM)-3.23%
Revenue growth 3Y0.93%
Revenue growth 5Y2.96%
Revenue growth Q2Q-3.03%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y45.71%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.53%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
AIRI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for AIRI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AIRI is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AIRI indicates a rather cheap valuation: AIRI is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.4 | ||
| EV/EBITDA | 19.72 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
AIRI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AIR INDUSTRIES GROUP
NYSEARCA:AIRI (4/26/2024, 7:04:00 PM)
After market: 6.02 -0.13 (-2.11%)6.15
+1.34 (+27.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap20.30M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.22% | ||
| ROE | -14.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 14.42% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-98.48%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y45.71%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.23%
Revenue growth 3Y0.93%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y