HAWAIIAN HOLDINGS INC (HA)
US4198791018 - Common Stock
HA gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 24 industry peers in the Passenger Airlines industry. HA has a bad profitability rating. Also its financial health evaluation is rather negative. HA has a expensive valuation and it also scores bad on growth.
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.
HA had negative earnings in 4 of the past 5 years.
In multiple years HA reported negative operating cash flow during the last 5 years.
1.2 Ratios
HA has a worse Return On Assets (-7.91%) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.91% | ||
| 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
1.3 Margins
HA's Gross Margin of 5.12% is on the low side compared to the rest of the industry. HA is outperformed by 75.00% of its industry peers.
In the last couple of years the Gross Margin of HA has declined.
The Profit Margin and Operating Margin are not available for HA so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 5.12% |
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%
2. Health
2.1 Basic Checks
HA does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HA has been increased compared to 1 year ago.
HA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HA is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.42, we must say that HA is in the distress zone and has some risk of bankruptcy.
HA has a worse Altman-Z score (0.42) than 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.42 |
ROIC/WACCN/A
WACC7%
2.3 Liquidity
HA has a Current Ratio of 0.89. This is a bad value and indicates that HA is not financially healthy enough and could expect problems in meeting its short term obligations.
HA's Current ratio of 0.89 is fine compared to the rest of the industry. HA outperforms 70.83% of its industry peers.
HA has a Quick Ratio of 0.89. This is a bad value and indicates that HA is not financially healthy enough and could expect problems in meeting its short term obligations.
HA has a better Quick ratio (0.84) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for HA have decreased strongly by -80.27% in the last year.
Looking at the last year, HA shows a decrease in Revenue. The Revenue has decreased by -0.99% in the last year.
HA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.87% yearly.
EPS 1Y (TTM)-80.27%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-27.65%
Revenue 1Y (TTM)-0.99%
Revenue growth 3Y47.6%
Revenue growth 5Y-0.87%
Revenue growth Q2Q5.38%
3.2 Future
The Earnings Per Share is expected to grow by 27.43% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 9.96% on average over the next years. This is quite good.
EPS Next Y36.64%
EPS Next 2Y36.8%
EPS Next 3Y27.43%
EPS Next 5YN/A
Revenue Next Year10.94%
Revenue Next 2Y11.65%
Revenue Next 3Y9.96%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HA's earnings are expected to grow with 27.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.8%
EPS Next 3Y27.43%
5. Dividend
5.1 Amount
HA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
HAWAIIAN HOLDINGS INC
NASDAQ:HA (5/2/2024, 11:58:50 AM)
12.555
-0.12 (-0.99%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap650.60M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.91% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 5.12% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-80.27%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y36.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.99%
Revenue growth 3Y47.6%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y