HAWAIIAN HOLDINGS INC (HA) Fundamental Analysis & Valuation

NASDAQ:HA • US4198791018

18 USD
+0.68 (+3.93%)
At close: Sep 17, 2024
17.99 USD
-0.01 (-0.06%)
After Hours: 9/17/2024, 8:11:05 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This HA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

1

Taking everything into account, HA scores 1 out of 10 in our fundamental rating. HA was compared to 22 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.


Dividend Valuation Growth Profitability Health

0

1. HA Profitability Analysis

1.1 Basic Checks

  • HA had negative earnings in the past year.
  • In the past year HA has reported a negative cash flow from operations.
  • 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 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M -400M

1.2 Ratios

  • HA has a Return On Assets of -8.37%. This is in the lower half of the industry: HA underperforms 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 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200

1.3 Margins

  • HA has a Gross Margin of 3.44%. This is amonst the worse of the industry: HA underperforms 84.00% 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 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 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. HA Health Analysis

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 a worse debt/assets ratio than last year.
HA Yearly Shares OutstandingHA Yearly Shares OutstandingYearly Shares Outstanding 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 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.
  • HA's Altman-Z score of 0.45 is on the low side compared to the rest of the industry. HA is outperformed by 64.00% of its industry peers.
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 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.11 indicates that HA should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.11, HA belongs to the top of the industry, outperforming 92.00% of the companies in the same industry.
  • A Quick Ratio of 1.06 indicates that HA should not have too much problems paying its short term obligations.
  • With an excellent Quick ratio value of 1.06, HA belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
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 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. HA Growth Analysis

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

  • Based on estimates for the next years, HA will show a very strong growth in Earnings Per Share. The EPS will grow by 23.32% on average per year.
  • HA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.21% yearly.
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 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5 -5 -10

More info and screens

Find the best growth stocksShow best growing peers

1

4. HA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for HA. In the last year negative earnings were reported.
  • 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

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. HA Dividend Analysis

5.1 Amount

  • HA does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

HA Fundamentals: All Metrics, Ratios and Statistics

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
Earnings (Next)10-22
Inst Owners1.44%
Inst Owner Change0%
Ins Owners2.76%
Ins Owner Change0%
Market Cap936.18M
Revenue(TTM)2.77B
Net Income(TTM)-355.04M
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
Graham NumberN/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
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 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

HAWAIIAN HOLDINGS INC / HA FAQ

Can you provide the ChartMill fundamental rating for HAWAIIAN HOLDINGS INC?

ChartMill assigns a fundamental rating of 2 / 10 to HA.


Can you provide the valuation status for HAWAIIAN HOLDINGS INC?

ChartMill assigns a valuation rating of 1 / 10 to HAWAIIAN HOLDINGS INC (HA). This can be considered as Overvalued.


How profitable is HAWAIIAN HOLDINGS INC (HA) stock?

HAWAIIAN HOLDINGS INC (HA) has a profitability rating of 1 / 10.


What is the earnings growth outlook for HAWAIIAN HOLDINGS INC?

The Earnings per Share (EPS) of HAWAIIAN HOLDINGS INC (HA) is expected to decline by -34.63% in the next year.