Logo image of AIRT

AIR T INC (AIRT) Stock Fundamental Analysis

NASDAQ:AIRT - Nasdaq - US0092071010 - Common Stock - Currency: USD

22.22  -1.95 (-8.07%)

Fundamental Rating

2

Overall AIRT gets a fundamental rating of 2 out of 10. We evaluated AIRT against 22 industry peers in the Air Freight & Logistics industry. The financial health of AIRT is average, but there are quite some concerns on its profitability. AIRT has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

AIRT had negative earnings in the past year.
In the past year AIRT had a positive cash flow from operations.
In multiple years AIRT reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: AIRT reported negative operating cash flow in multiple years.
AIRT Yearly Net Income VS EBIT VS OCF VS FCFAIRT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M -40M -60M

1.2 Ratios

AIRT's Return On Assets of -0.43% is in line compared to the rest of the industry. AIRT outperforms 54.55% of its industry peers.
With a Return On Equity value of -15.88%, AIRT perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
AIRT has a Return On Invested Capital of 4.21%. This is comparable to the rest of the industry: AIRT outperforms 54.55% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AIRT is significantly below the industry average of 12.73%.
The last Return On Invested Capital (4.21%) for AIRT is above the 3 year average (2.65%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.43%
ROE -15.88%
ROIC 4.21%
ROA(3y)-1.7%
ROA(5y)-1.04%
ROE(3y)-67.34%
ROE(5y)-44.64%
ROIC(3y)2.65%
ROIC(5y)N/A
AIRT Yearly ROA, ROE, ROICAIRT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

AIRT's Operating Margin of 2.51% is in line compared to the rest of the industry. AIRT outperforms 54.55% of its industry peers.
AIRT's Operating Margin has declined in the last couple of years.
AIRT's Gross Margin of 22.01% is fine compared to the rest of the industry. AIRT outperforms 63.64% of its industry peers.
In the last couple of years the Gross Margin of AIRT has declined.
Industry RankSector Rank
OM 2.51%
PM (TTM) N/A
GM 22.01%
OM growth 3YN/A
OM growth 5Y-27.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.37%
GM growth 5Y-3.46%
AIRT Yearly Profit, Operating, Gross MarginsAIRT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

More info and screens

4

2. Health

2.1 Basic Checks

AIRT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AIRT has been reduced compared to 1 year ago.
AIRT has less shares outstanding than it did 5 years ago.
AIRT has a better debt/assets ratio than last year.
AIRT Yearly Shares OutstandingAIRT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M
AIRT Yearly Total Debt VS Total AssetsAIRT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

An Altman-Z score of 2.26 indicates that AIRT is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.26, AIRT is in line with its industry, outperforming 45.45% of the companies in the same industry.
AIRT has a Debt/Equity ratio of 21.31. This is a high value indicating a heavy dependency on external financing.
AIRT's Debt to Equity ratio of 21.31 is on the low side compared to the rest of the industry. AIRT is outperformed by 81.82% of its industry peers.
Industry RankSector Rank
Debt/Equity 21.31
Debt/FCF N/A
Altman-Z 2.26
ROIC/WACC0.88
WACC4.78%
AIRT Yearly LT Debt VS Equity VS FCFAIRT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M

2.3 Liquidity

AIRT has a Current Ratio of 1.90. This is a normal value and indicates that AIRT is financially healthy and should not expect problems in meeting its short term obligations.
AIRT has a Current ratio of 1.90. This is amongst the best in the industry. AIRT outperforms 81.82% of its industry peers.
A Quick Ratio of 1.09 indicates that AIRT should not have too much problems paying its short term obligations.
The Quick ratio of AIRT (1.09) is worse than 68.18% of its industry peers.
Industry RankSector Rank
Current Ratio 1.9
Quick Ratio 1.09
AIRT Yearly Current Assets VS Current LiabilitesAIRT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

More info and screens

1

3. Growth

3.1 Past

AIRT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 94.31%, which is quite impressive.
AIRT shows a small growth in Revenue. In the last year, the Revenue has grown by 3.35%.
AIRT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.89% yearly.
EPS 1Y (TTM)94.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%55.42%
Revenue 1Y (TTM)3.35%
Revenue growth 3Y17.88%
Revenue growth 5Y5.89%
Sales Q2Q%22.15%

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 YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
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.
AIRT Yearly Revenue VS EstimatesAIRT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

AIRT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
AIRT Price Earnings VS Forward Price EarningsAIRT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as AIRT.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 15.11
AIRT Per share dataAIRT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

AIRT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

AIR T INC

NASDAQ:AIRT (6/17/2025, 8:00:00 PM)

22.22

-1.95 (-8.07%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)02-17 2025-02-17
Earnings (Next)06-27 2025-06-27
Inst Owners23.96%
Inst Owner Change-0.34%
Ins Owners51.85%
Ins Owner Change0%
Market Cap60.66M
Analysts0
Price TargetN/A
Short Float %2.9%
Short Ratio15.23
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.2
P/FCF N/A
P/OCF 4.52
P/B 11.86
P/tB N/A
EV/EBITDA 15.11
EPS(TTM)-0.29
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)4.91
OCFY22.11%
SpS109.24
BVpS1.87
TBVpS-5.59
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.43%
ROE -15.88%
ROCE 5.33%
ROIC 4.21%
ROICexc 4.85%
ROICexgc 5.82%
OM 2.51%
PM (TTM) N/A
GM 22.01%
FCFM N/A
ROA(3y)-1.7%
ROA(5y)-1.04%
ROE(3y)-67.34%
ROE(5y)-44.64%
ROIC(3y)2.65%
ROIC(5y)N/A
ROICexc(3y)2.76%
ROICexc(5y)N/A
ROICexgc(3y)3.29%
ROICexgc(5y)N/A
ROCE(3y)3.35%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-35.42%
ROICexc growth 3YN/A
ROICexc growth 5Y-36.41%
OM growth 3YN/A
OM growth 5Y-27.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.37%
GM growth 5Y-3.46%
F-Score4
Asset Turnover1.59
Health
Industry RankSector Rank
Debt/Equity 21.31
Debt/FCF N/A
Debt/EBITDA 9.71
Cap/Depr 424.97%
Cap/Sales 5.34%
Interest Coverage 250
Cash Conversion 119.46%
Profit Quality N/A
Current Ratio 1.9
Quick Ratio 1.09
Altman-Z 2.26
F-Score4
WACC4.78%
ROIC/WACC0.88
Cap/Depr(3y)290.55%
Cap/Depr(5y)348.5%
Cap/Sales(3y)3.1%
Cap/Sales(5y)5.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)94.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%55.42%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.35%
Revenue growth 3Y17.88%
Revenue growth 5Y5.89%
Sales Q2Q%22.15%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2743.35%
EBIT growth 3YN/A
EBIT growth 5Y-23.25%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y86.47%
FCF growth 3YN/A
FCF growth 5Y102.75%
OCF growth 1Y177.92%
OCF growth 3YN/A
OCF growth 5Y-3.88%