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SPIRIT AVIATION HOLDINGS INC (FLYY) Stock Fundamental Analysis

USA - NYSEARCA:FLYY - US84863V1017 - Common Stock

1.22 USD
-0.03 (-2.4%)
Last: 8/29/2025, 8:22:58 PM
1.22 USD
0 (0%)
After Hours: 8/29/2025, 8:22:58 PM
Fundamental Rating

1

Overall FLYY gets a fundamental rating of 1 out of 10. We evaluated FLYY against 21 industry peers in the Passenger Airlines industry. Both the profitability and financial health of FLYY have multiple concerns. FLYY has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

FLYY had negative earnings in the past year.
FLYY Yearly Net Income VS EBIT VS OCF VS FCFFLYY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 -200M -400M -600M -800M -1B

1.2 Ratios

The Return On Assets of FLYY (-14.34%) is worse than 69.57% of its industry peers.
Looking at the Return On Equity, with a value of -256.44%, FLYY is doing worse than 65.22% of the companies in the same industry.
Industry RankSector Rank
ROA -14.34%
ROE -256.44%
ROIC N/A
ROA(3y)-7.87%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FLYY Yearly ROA, ROE, ROICFLYY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 0 500 1K 1.5K

1.3 Margins

Looking at the Gross Margin, with a value of 69.89%, FLYY belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
FLYY does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 69.89%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FLYY Yearly Profit, Operating, Gross MarginsFLYY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 0 20 -20 40 60

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3

2. Health

2.1 Basic Checks

FLYY does not have a ROIC to compare to the WACC, probably because it is not profitable.
FLYY has about the same amout of shares outstanding than it did 1 year ago.
Compared to 1 year ago, FLYY has an improved debt to assets ratio.
FLYY Yearly Shares OutstandingFLYY Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 5M 10M 15M
FLYY Yearly Total Debt VS Total AssetsFLYY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

Based on the Altman-Z score of 0.23, we must say that FLYY is in the distress zone and has some risk of bankruptcy.
FLYY's Altman-Z score of 0.23 is on the low side compared to the rest of the industry. FLYY is outperformed by 65.22% of its industry peers.
FLYY has a Debt/Equity ratio of 4.68. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FLYY (4.68) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 4.68
Debt/FCF N/A
Altman-Z 0.23
ROIC/WACCN/A
WACC4.08%
FLYY Yearly LT Debt VS Equity VS FCFFLYY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

A Current Ratio of 1.02 indicates that FLYY should not have too much problems paying its short term obligations.
FLYY has a Current ratio of 1.02. This is amongst the best in the industry. FLYY outperforms 82.61% of its industry peers.
FLYY has a Quick Ratio of 1.02. This is a normal value and indicates that FLYY is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.02, FLYY belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.02
Quick Ratio 1.02
FLYY Yearly Current Assets VS Current LiabilitesFLYY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 500M 1B 1.5B 2B

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0

3. Growth

3.1 Past

FLYY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -174.77%.
The Revenue has decreased by -8.38% in the past year.
EPS 1Y (TTM)-174.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-8.38%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

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.
FLYY Yearly Revenue VS EstimatesFLYY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 1B 2B 3B 4B 5B

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0

4. Valuation

4.1 Price/Earnings Ratio

FLYY reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FLYY Price Earnings VS Forward Price EarningsFLYY 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

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
FLYY Per share dataFLYY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 -50 100 150

4.3 Compensation for Growth

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

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0

5. Dividend

5.1 Amount

No dividends for FLYY!.
Industry RankSector Rank
Dividend Yield N/A

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SPIRIT AVIATION HOLDINGS INC

NYSEARCA:FLYY (8/29/2025, 8:22:58 PM)

After market: 1.22 0 (0%)

1.22

-0.03 (-2.4%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners39.43%
Inst Owner Change0%
Ins Owners5.09%
Ins Owner Change49.75%
Market Cap31.57M
Revenue(TTM)4.91B
Net Income(TTM)-1229495000
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
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 0.01
P/FCF N/A
P/OCF N/A
P/B 0.07
P/tB 0.08
EV/EBITDA N/A
EPS(TTM)-76.52
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS189.85
BVpS18.53
TBVpS15.3
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -14.34%
ROE -256.44%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 69.89%
FCFM N/A
ROA(3y)-7.87%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 4.68
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.02
Quick Ratio 1.02
Altman-Z 0.23
F-ScoreN/A
WACC4.08%
ROIC/WACCN/A
Cap/Depr(3y)64.35%
Cap/Depr(5y)N/A
Cap/Sales(3y)3.97%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-174.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.38%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-102.8%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-69.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-207.34%
OCF growth 3YN/A
OCF growth 5YN/A

SPIRIT AVIATION HOLDINGS INC / FLYY FAQ

What is the fundamental rating for FLYY stock?

ChartMill assigns a fundamental rating of 1 / 10 to FLYY.


What is the valuation status for FLYY stock?

ChartMill assigns a valuation rating of 0 / 10 to SPIRIT AVIATION HOLDINGS INC (FLYY). This can be considered as Overvalued.


What is the profitability of FLYY stock?

SPIRIT AVIATION HOLDINGS INC (FLYY) has a profitability rating of 1 / 10.