Logo image of HA

HAWAIIAN HOLDINGS INC (HA) Stock Fundamental Analysis

NASDAQ:HA - Nasdaq - US4198791018 - Common Stock - Currency: USD

18  +0.68 (+3.93%)

After market: 17.99 -0.01 (-0.06%)

Fundamental Rating

1

Overall HA gets a fundamental rating of 1 out of 10. We evaluated HA against 23 industry peers in the Passenger Airlines industry. HA has a bad profitability rating. Also its financial health evaluation is rather negative. HA does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

0

1. Profitability

1.1 Basic Checks

HA had negative earnings in the past year.
HA had a negative operating cash flow in the past year.
In the past 5 years HA reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: HA reported negative operating cash flow in multiple years.
HA Yearly Net Income VS EBIT VS OCF VS FCFHA 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 0 200M -200M 400M -400M

1.2 Ratios

HA has a worse Return On Assets (-8.37%) than 60.00% of its industry peers.
Industry RankSector Rank
ROA -8.37%
ROE N/A
ROIC N/A
ROA(3y)-5.3%
ROA(5y)-4.66%
ROE(3y)-123.49%
ROE(5y)-86.98%
ROIC(3y)N/A
ROIC(5y)N/A
HA Yearly ROA, ROE, ROICHA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200

1.3 Margins

With a Gross Margin value of 3.44%, HA is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of HA has declined.
HA 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 3.44%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-27.13%
HA Yearly Profit, Operating, Gross MarginsHA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40 -60

More info and screens

2

2. Health

2.1 Basic Checks

HA does not have a ROIC to compare to the WACC, probably because it is not profitable.
HA has more shares outstanding than it did 1 year ago.
HA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HA has a worse debt to assets ratio.
HA Yearly Shares OutstandingHA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M
HA Yearly Total Debt VS Total AssetsHA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B

2.2 Solvency

Based on the Altman-Z score of 0.45, we must say that HA is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.45, HA is doing worse than 64.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z 0.45
ROIC/WACCN/A
WACC7.12%
HA Yearly LT Debt VS Equity VS FCFHA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B

2.3 Liquidity

HA has a Current Ratio of 1.11. This is a normal value and indicates that HA is financially healthy and should not expect problems in meeting its short term obligations.
HA has a Current ratio of 1.11. This is amongst the best in the industry. HA outperforms 92.00% of its industry peers.
A Quick Ratio of 1.06 indicates that HA should not have too much problems paying its short term obligations.
HA's Quick ratio of 1.06 is amongst the best of the industry. HA outperforms 92.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 1.06
HA Yearly Current Assets VS Current LiabilitesHA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

More info and screens

3

3. Growth

3.1 Past

HA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -130.79%.
Looking at the last year, HA shows a decrease in Revenue. The Revenue has decreased by -0.63% in the last year.
Measured over the past years, HA shows a decrease in Revenue. The Revenue has been decreasing by -0.87% on average per year.
EPS 1Y (TTM)-130.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-191.49%
Revenue 1Y (TTM)-0.63%
Revenue growth 3Y47.6%
Revenue growth 5Y-0.87%
Sales Q2Q%3.53%

3.2 Future

The Earnings Per Share is expected to grow by 23.32% on average over the next years. This is a very strong growth
Based on estimates for the next years, HA will show a quite strong growth in Revenue. The Revenue will grow by 9.21% on average per year.
EPS Next Y-34.63%
EPS Next 2Y16.35%
EPS Next 3Y23.32%
EPS Next 5YN/A
Revenue Next Year5.33%
Revenue Next 2Y8.9%
Revenue Next 3Y9.21%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
HA Yearly Revenue VS EstimatesHA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B
HA Yearly EPS VS EstimatesHA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5 -5 -10

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

HA 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 HA. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HA Price Earnings VS Forward Price EarningsHA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HA Per share dataHA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

4.3 Compensation for Growth

HA's earnings are expected to grow with 23.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.35%
EPS Next 3Y23.32%

More info and screens

0

5. Dividend

5.1 Amount

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

More info and screens

HAWAIIAN HOLDINGS INC

NASDAQ:HA (9/17/2024, 8:11:05 PM)

After market: 17.99 -0.01 (-0.06%)

18

+0.68 (+3.93%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)07-30 2024-07-30/amc
Earnings (Next)10-22 2024-10-22/amc
Inst Owners1.44%
Inst Owner Change0%
Ins Owners2.76%
Ins Owner Change0%
Market Cap936.18M
Analysts76.92
Price Target13.01 (-27.72%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.44%
Min EPS beat(2)1.03%
Max EPS beat(2)1.85%
EPS beat(4)3
Avg EPS beat(4)-1.28%
Min EPS beat(4)-9.87%
Max EPS beat(4)1.88%
EPS beat(8)7
Avg EPS beat(8)10.31%
EPS beat(12)11
Avg EPS beat(12)10.94%
EPS beat(16)12
Avg EPS beat(16)9.57%
Revenue beat(2)0
Avg Revenue beat(2)-2.55%
Min Revenue beat(2)-4.71%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-2.99%
Min Revenue beat(4)-4.71%
Max Revenue beat(4)-0.38%
Revenue beat(8)0
Avg Revenue beat(8)-2.79%
Revenue beat(12)2
Avg Revenue beat(12)-2.46%
Revenue beat(16)3
Avg Revenue beat(16)-3.69%
PT rev (1m)10.87%
PT rev (3m)13.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-228.63%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.26%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.34
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-7.57
EYN/A
EPS(NY)-3.92
Fwd EYN/A
FCF(TTM)-13
FCFYN/A
OCF(TTM)-5.74
OCFYN/A
SpS53.34
BVpS-2.03
TBVpS-2.29
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -8.37%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 3.44%
FCFM N/A
ROA(3y)-5.3%
ROA(5y)-4.66%
ROE(3y)-123.49%
ROE(5y)-86.98%
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
ROICexcg growth 3YN/A
ROICexcg 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 5Y-27.13%
F-Score1
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 282.72%
Cap/Sales 13.62%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.11
Quick Ratio 1.06
Altman-Z 0.45
F-Score1
WACC7.12%
ROIC/WACCN/A
Cap/Depr(3y)93.49%
Cap/Depr(5y)119.87%
Cap/Sales(3y)4.98%
Cap/Sales(5y)8.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-130.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-191.49%
EPS Next Y-34.63%
EPS Next 2Y16.35%
EPS Next 3Y23.32%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.63%
Revenue growth 3Y47.6%
Revenue growth 5Y-0.87%
Sales Q2Q%3.53%
Revenue Next Year5.33%
Revenue Next 2Y8.9%
Revenue Next 3Y9.21%
Revenue Next 5YN/A
EBIT growth 1Y-138.85%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year83.85%
EBIT Next 3Y40.56%
EBIT Next 5YN/A
FCF growth 1Y-292.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-122.31%
OCF growth 3YN/A
OCF growth 5YN/A