ALLEGIANT TRAVEL CO (ALGT) Stock Fundamental Analysis
USA - NASDAQ:ALGT - US01748X1028 - Common Stock
62.92 USD
-3.04 (-4.61%)
62.92 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ALGT. ALGT was compared to 21 industry peers in the Passenger Airlines industry. There are concerns on the financial health of ALGT while its profitability can be described as average. ALGT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ALGT had positive earnings in the past year.
ALGT had a positive operating cash flow in the past year.
In multiple years ALGT reported negative net income over the last 5 years.
In the past 5 years ALGT always reported a positive cash flow from operatings.
1.2 Ratios
ALGT has a worse Return On Assets (-6.69%) than 66.67% of its industry peers.
The Return On Equity of ALGT (-28.93%) is comparable to the rest of the industry.
ALGT has a Return On Invested Capital (3.51%) which is comparable to the rest of the industry.
ALGT had an Average Return On Invested Capital over the past 3 years of 3.54%. This is significantly below the industry average of 13.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.69% | ||
| ROE | -28.93% | ||
| ROIC | 3.51% |
ROA(3y)-1.02%
ROA(5y)-0.99%
ROE(3y)-4.46%
ROE(5y)-5.5%
ROIC(3y)3.54%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 5.99%, ALGT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of ALGT has declined.
With an excellent Gross Margin value of 68.89%, ALGT belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Gross Margin of ALGT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.99% | ||
| PM (TTM) | N/A | ||
| GM | 68.89% |
OM growth 3Y5.16%
OM growth 5Y-23.74%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.14%
GM growth 5Y-0.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALGT is destroying value.
The number of shares outstanding for ALGT has been increased compared to 1 year ago.
ALGT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALGT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.20, we must say that ALGT is in the distress zone and has some risk of bankruptcy.
ALGT has a better Altman-Z score (1.20) than 66.67% of its industry peers.
ALGT has a debt to FCF ratio of 235.43. This is a negative value and a sign of low solvency as ALGT would need 235.43 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 235.43, ALGT is in line with its industry, outperforming 57.14% of the companies in the same industry.
ALGT has a Debt/Equity ratio of 1.76. This is a high value indicating a heavy dependency on external financing.
ALGT's Debt to Equity ratio of 1.76 is in line compared to the rest of the industry. ALGT outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 235.43 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.45
WACC7.85%
2.3 Liquidity
ALGT has a Current Ratio of 0.98. This is a bad value and indicates that ALGT is not financially healthy enough and could expect problems in meeting its short term obligations.
ALGT has a better Current ratio (0.98) than 90.48% of its industry peers.
A Quick Ratio of 0.95 indicates that ALGT may have some problems paying its short term obligations.
ALGT's Quick ratio of 0.95 is amongst the best of the industry. ALGT outperforms 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
ALGT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 609.30%, which is quite impressive.
ALGT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -30.09% yearly.
ALGT shows a small growth in Revenue. In the last year, the Revenue has grown by 3.29%.
The Revenue has been growing slightly by 6.42% on average over the past years.
EPS 1Y (TTM)609.3%
EPS 3Y12.05%
EPS 5Y-30.09%
EPS Q2Q%-3.47%
Revenue 1Y (TTM)3.29%
Revenue growth 3Y13.73%
Revenue growth 5Y6.42%
Sales Q2Q%-0.05%
3.2 Future
The Earnings Per Share is expected to grow by 50.84% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 5.54% on average over the next years.
EPS Next Y12.07%
EPS Next 2Y58.65%
EPS Next 3Y50.84%
EPS Next 5YN/A
Revenue Next Year3.79%
Revenue Next 2Y4.32%
Revenue Next 3Y5.54%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.63, the valuation of ALGT can be described as rather expensive.
Based on the Price/Earnings ratio, ALGT is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ALGT to the average of the S&P500 Index (25.56), we can say ALGT is valued inline with the index average.
A Price/Forward Earnings ratio of 10.33 indicates a reasonable valuation of ALGT.
Based on the Price/Forward Earnings ratio, ALGT is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
ALGT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.63 | ||
| Fwd PE | 10.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALGT is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
ALGT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 132.18 | ||
| EV/EBITDA | 3.93 |
4.3 Compensation for Growth
ALGT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ALGT's earnings are expected to grow with 50.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.71
PEG (5Y)N/A
EPS Next 2Y58.65%
EPS Next 3Y50.84%
5. Dividend
5.1 Amount
ALGT has a Yearly Dividend Yield of 3.45%.
ALGT's Dividend Yield is rather good when compared to the industry average which is at 3.00. ALGT pays more dividend than 90.48% of the companies in the same industry.
ALGT's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of ALGT decreases each year by -15.68%.
ALGT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of ALGT decreased recently.
Dividend Growth(5Y)-15.68%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ALGT pays out 0.00% of its income as dividend. This is a sustainable payout ratio.
DP0%
EPS Next 2Y58.65%
EPS Next 3Y50.84%
62.92
-3.04 (-4.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners97.01%
Inst Owner Change3.85%
Ins Owners21.11%
Ins Owner Change-0.62%
Market Cap1.15B
Revenue(TTM)2.58B
Net Income(TTM)-293.71M
Analysts70.53
Price Target69.27 (10.09%)
Short Float %13.99%
Short Ratio6.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend1.2
Dividend Growth(5Y)-15.68%
DP0%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.19%
Min EPS beat(2)-12.77%
Max EPS beat(2)59.16%
EPS beat(4)3
Avg EPS beat(4)15.07%
Min EPS beat(4)-12.77%
Max EPS beat(4)59.16%
EPS beat(8)6
Avg EPS beat(8)43.25%
EPS beat(12)10
Avg EPS beat(12)62.14%
EPS beat(16)11
Avg EPS beat(16)39.97%
Revenue beat(2)0
Avg Revenue beat(2)-2.74%
Min Revenue beat(2)-4.25%
Max Revenue beat(2)-1.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.36%
Min Revenue beat(4)-4.25%
Max Revenue beat(4)-1.23%
Revenue beat(8)1
Avg Revenue beat(8)-1.49%
Revenue beat(12)4
Avg Revenue beat(12)-0.85%
Revenue beat(16)5
Avg Revenue beat(16)-0.73%
PT rev (1m)8.42%
PT rev (3m)11%
EPS NQ rev (1m)20.61%
EPS NQ rev (3m)17.5%
EPS NY rev (1m)12.61%
EPS NY rev (3m)-5.38%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)-0.9%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.63 | ||
| Fwd PE | 10.33 | ||
| P/S | 0.45 | ||
| P/FCF | 132.18 | ||
| P/OCF | 3.19 | ||
| P/B | 1.14 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 3.93 |
EPS(TTM)3.05
EY4.85%
EPS(NY)6.09
Fwd EY9.68%
FCF(TTM)0.48
FCFY0.76%
OCF(TTM)19.73
OCFY31.35%
SpS140.5
BVpS55.33
TBVpS55.33
PEG (NY)1.71
PEG (5Y)N/A
Graham Number61.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.69% | ||
| ROE | -28.93% | ||
| ROCE | 4.75% | ||
| ROIC | 3.51% | ||
| ROICexc | 4.97% | ||
| ROICexgc | 4.97% | ||
| OM | 5.99% | ||
| PM (TTM) | N/A | ||
| GM | 68.89% | ||
| FCFM | 0.34% |
ROA(3y)-1.02%
ROA(5y)-0.99%
ROE(3y)-4.46%
ROE(5y)-5.5%
ROIC(3y)3.54%
ROIC(5y)N/A
ROICexc(3y)4.65%
ROICexc(5y)N/A
ROICexgc(3y)4.65%
ROICexgc(5y)N/A
ROCE(3y)4.79%
ROCE(5y)N/A
ROICexgc growth 3Y15.68%
ROICexgc growth 5Y-22.03%
ROICexc growth 3Y15.68%
ROICexc growth 5Y-22.03%
OM growth 3Y5.16%
OM growth 5Y-23.74%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.14%
GM growth 5Y-0.76%
F-Score6
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 235.43 | ||
| Debt/EBITDA | 4.35 | ||
| Cap/Depr | 138.03% | ||
| Cap/Sales | 13.7% | ||
| Interest Coverage | 1.27 | ||
| Cash Conversion | 88.24% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 1.2 |
F-Score6
WACC7.85%
ROIC/WACC0.45
Cap/Depr(3y)191.04%
Cap/Depr(5y)174.75%
Cap/Sales(3y)17.29%
Cap/Sales(5y)19.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)609.3%
EPS 3Y12.05%
EPS 5Y-30.09%
EPS Q2Q%-3.47%
EPS Next Y12.07%
EPS Next 2Y58.65%
EPS Next 3Y50.84%
EPS Next 5YN/A
Revenue 1Y (TTM)3.29%
Revenue growth 3Y13.73%
Revenue growth 5Y6.42%
Sales Q2Q%-0.05%
Revenue Next Year3.79%
Revenue Next 2Y4.32%
Revenue Next 3Y5.54%
Revenue Next 5YN/A
EBIT growth 1Y84.95%
EBIT growth 3Y19.61%
EBIT growth 5Y-18.84%
EBIT Next Year212.16%
EBIT Next 3Y67.9%
EBIT Next 5YN/A
FCF growth 1Y110.15%
FCF growth 3Y-48.64%
FCF growth 5YN/A
OCF growth 1Y-19.7%
OCF growth 3Y-14.33%
OCF growth 5Y-5.21%
ALLEGIANT TRAVEL CO / ALGT FAQ
Can you provide the ChartMill fundamental rating for ALLEGIANT TRAVEL CO?
ChartMill assigns a fundamental rating of 4 / 10 to ALGT.
What is the valuation status of ALLEGIANT TRAVEL CO (ALGT) stock?
ChartMill assigns a valuation rating of 5 / 10 to ALLEGIANT TRAVEL CO (ALGT). This can be considered as Fairly Valued.
What is the profitability of ALGT stock?
ALLEGIANT TRAVEL CO (ALGT) has a profitability rating of 4 / 10.
Can you provide the financial health for ALGT stock?
The financial health rating of ALLEGIANT TRAVEL CO (ALGT) is 3 / 10.
How sustainable is the dividend of ALLEGIANT TRAVEL CO (ALGT) stock?
The dividend rating of ALLEGIANT TRAVEL CO (ALGT) is 5 / 10 and the dividend payout ratio is 0%.