22.48 USD
-0.01 (-0.04%)
At close: Apr 10, 2025
22.481 USD
0 (0%)
After Hours: 4/10/2025, 8:00:01 PM
Taking everything into account, ATSG scores 3 out of 10 in our fundamental rating. ATSG was compared to 23 industry peers in the Air Freight & Logistics industry. There are concerns on the financial health of ATSG while its profitability can be described as average. ATSG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- ATSG had positive earnings in the past year.
- ATSG had a positive operating cash flow in the past year.
- Each year in the past 5 years ATSG has been profitable.
- ATSG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ATSG has a Return On Assets of 0.70%. This is comparable to the rest of the industry: ATSG outperforms 52.17% of its industry peers.
- The Return On Equity of ATSG (1.85%) is comparable to the rest of the industry.
- With a Return On Invested Capital value of 2.61%, ATSG perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ATSG is significantly below the industry average of 12.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.7% | ||
| ROE | 1.85% | ||
| ROIC | 2.61% |
ROA(3y)2.6%
ROA(5y)3.19%
ROE(3y)6.77%
ROE(5y)8.31%
ROIC(3y)4.14%
ROIC(5y)4.44%
1.3 Margins
- With a Profit Margin value of 1.40%, ATSG perfoms like the industry average, outperforming 56.52% of the companies in the same industry.
- ATSG's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 6.94%, ATSG is doing good in the industry, outperforming 78.26% of the companies in the same industry.
- ATSG's Operating Margin has declined in the last couple of years.
- The Gross Margin of ATSG (52.60%) is better than 86.96% of its industry peers.
- ATSG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.94% | ||
| PM (TTM) | 1.4% | ||
| GM | 52.6% |
OM growth 3Y-16.89%
OM growth 5Y-10.66%
PM growth 3Y-52.85%
PM growth 5Y-19.8%
GM growth 3Y-1.52%
GM growth 5Y-2.17%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ATSG is destroying value.
- ATSG has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ATSG has more shares outstanding
- ATSG has a better debt/assets ratio than last year.
2.2 Solvency
- ATSG has an Altman-Z score of 1.21. This is a bad value and indicates that ATSG is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 1.21, ATSG is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
- The Debt to FCF ratio of ATSG is 7.67, which is on the high side as it means it would take ATSG, 7.67 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of ATSG (7.67) is better than 69.57% of its industry peers.
- A Debt/Equity ratio of 1.04 is on the high side and indicates that ATSG has dependencies on debt financing.
- ATSG has a Debt to Equity ratio of 1.04. This is in the lower half of the industry: ATSG underperforms 60.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.67 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.43
WACC6.02%
2.3 Liquidity
- ATSG has a Current Ratio of 0.98. This is a bad value and indicates that ATSG is not financially healthy enough and could expect problems in meeting its short term obligations.
- ATSG has a worse Current ratio (0.98) than 69.57% of its industry peers.
- A Quick Ratio of 0.84 indicates that ATSG may have some problems paying its short term obligations.
- ATSG's Quick ratio of 0.84 is on the low side compared to the rest of the industry. ATSG is outperformed by 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The earnings per share for ATSG have decreased strongly by -38.46% in the last year.
- The earnings per share for ATSG have been decreasing by -10.24% on average. This is quite bad
- ATSG shows a decrease in Revenue. In the last year, the revenue decreased by -5.25%.
- Measured over the past years, ATSG shows a small growth in Revenue. The Revenue has been growing by 6.20% on average per year.
EPS 1Y (TTM)-38.46%
EPS 3Y-19.07%
EPS 5Y-10.24%
EPS Q2Q%122.22%
Revenue 1Y (TTM)-5.25%
Revenue growth 3Y4.2%
Revenue growth 5Y6.2%
Sales Q2Q%-0.05%
3.2 Future
- ATSG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.30% yearly.
- ATSG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.55% yearly.
EPS Next Y21.01%
EPS Next 2Y32.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.58%
Revenue Next 2Y4.51%
Revenue Next 3Y7.99%
Revenue Next 5Y5.55%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- ATSG is valuated quite expensively with a Price/Earnings ratio of 25.55.
- ATSG's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of ATSG to the average of the S&P500 Index (28.18), we can say ATSG is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 21.11, the valuation of ATSG can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, ATSG is valued a bit cheaper than the industry average as 65.22% of the companies are valued more expensively.
- ATSG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.55 | ||
| Fwd PE | 21.11 |
4.2 Price Multiples
- 91.30% of the companies in the same industry are more expensive than ATSG, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, ATSG is valued cheaply inside the industry as 95.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.34 | ||
| EV/EBITDA | 5.38 |
4.3 Compensation for Growth
- ATSG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- ATSG's earnings are expected to grow with 32.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.22
PEG (5Y)N/A
EPS Next 2Y32.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- ATSG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.48
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-03 2025-03-03/amc
Earnings (Next)05-01 2025-05-01/amc
Inst Owners78.62%
Inst Owner Change-99.99%
Ins Owners2.69%
Ins Owner Change0%
Market Cap1.48B
Revenue(TTM)1.96B
Net Income(TTM)27.43M
Analysts78.18
Price Target22.95 (2.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.08%
Min EPS beat(2)-25.9%
Max EPS beat(2)40.06%
EPS beat(4)3
Avg EPS beat(4)19.88%
Min EPS beat(4)-25.9%
Max EPS beat(4)48.93%
EPS beat(8)4
Avg EPS beat(8)4.85%
EPS beat(12)7
Avg EPS beat(12)7.13%
EPS beat(16)9
Avg EPS beat(16)6.57%
Revenue beat(2)1
Avg Revenue beat(2)0.43%
Min Revenue beat(2)-8.96%
Max Revenue beat(2)9.82%
Revenue beat(4)1
Avg Revenue beat(4)-2.56%
Min Revenue beat(4)-8.96%
Max Revenue beat(4)9.82%
Revenue beat(8)2
Avg Revenue beat(8)-2.81%
Revenue beat(12)3
Avg Revenue beat(12)-2.23%
Revenue beat(16)5
Avg Revenue beat(16)-1.71%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.55 | ||
| Fwd PE | 21.11 | ||
| P/S | 0.75 | ||
| P/FCF | 7.34 | ||
| P/OCF | 2.78 | ||
| P/B | 1 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 5.38 |
EPS(TTM)0.88
EY3.91%
EPS(NY)1.06
Fwd EY4.74%
FCF(TTM)3.06
FCFY13.62%
OCF(TTM)8.09
OCFY35.97%
SpS29.78
BVpS22.52
TBVpS15.43
PEG (NY)1.22
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.7% | ||
| ROE | 1.85% | ||
| ROCE | 3.85% | ||
| ROIC | 2.61% | ||
| ROICexc | 2.66% | ||
| ROICexgc | 3.07% | ||
| OM | 6.94% | ||
| PM (TTM) | 1.4% | ||
| GM | 52.6% | ||
| FCFM | 10.29% |
ROA(3y)2.6%
ROA(5y)3.19%
ROE(3y)6.77%
ROE(5y)8.31%
ROIC(3y)4.14%
ROIC(5y)4.44%
ROICexc(3y)4.19%
ROICexc(5y)4.51%
ROICexgc(3y)4.9%
ROICexgc(5y)5.39%
ROCE(3y)6.1%
ROCE(5y)6.54%
ROICexgc growth 3Y-19.89%
ROICexgc growth 5Y-12.7%
ROICexc growth 3Y-18.6%
ROICexc growth 5Y-11.09%
OM growth 3Y-16.89%
OM growth 5Y-10.66%
PM growth 3Y-52.85%
PM growth 5Y-19.8%
GM growth 3Y-1.52%
GM growth 5Y-2.17%
F-Score6
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.67 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 79.64% | ||
| Cap/Sales | 16.87% | ||
| Interest Coverage | 1.65 | ||
| Cash Conversion | 96.58% | ||
| Profit Quality | 735.62% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 1.21 |
F-Score6
WACC6.02%
ROIC/WACC0.43
Cap/Depr(3y)155.45%
Cap/Depr(5y)155.7%
Cap/Sales(3y)28.17%
Cap/Sales(5y)29.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.46%
EPS 3Y-19.07%
EPS 5Y-10.24%
EPS Q2Q%122.22%
EPS Next Y21.01%
EPS Next 2Y32.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.25%
Revenue growth 3Y4.2%
Revenue growth 5Y6.2%
Sales Q2Q%-0.05%
Revenue Next Year4.58%
Revenue Next 2Y4.51%
Revenue Next 3Y7.99%
Revenue Next 5Y5.55%
EBIT growth 1Y-31.9%
EBIT growth 3Y-13.4%
EBIT growth 5Y-5.12%
EBIT Next Year313.28%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y244.81%
FCF growth 3Y36.81%
FCF growth 5YN/A
OCF growth 1Y-18.54%
OCF growth 3Y-2.99%
OCF growth 5Y6.07%
AIR TRANSPORT SERVICES GROUP / ATSG FAQ
Can you provide the ChartMill fundamental rating for AIR TRANSPORT SERVICES GROUP?
ChartMill assigns a fundamental rating of 3 / 10 to ATSG.
What is the valuation status of AIR TRANSPORT SERVICES GROUP (ATSG) stock?
ChartMill assigns a valuation rating of 5 / 10 to AIR TRANSPORT SERVICES GROUP (ATSG). This can be considered as Fairly Valued.
How profitable is AIR TRANSPORT SERVICES GROUP (ATSG) stock?
AIR TRANSPORT SERVICES GROUP (ATSG) has a profitability rating of 4 / 10.
What is the valuation of AIR TRANSPORT SERVICES GROUP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AIR TRANSPORT SERVICES GROUP (ATSG) is 25.55 and the Price/Book (PB) ratio is 1.
How financially healthy is AIR TRANSPORT SERVICES GROUP?
The financial health rating of AIR TRANSPORT SERVICES GROUP (ATSG) is 1 / 10.