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MESA AIR GROUP INC (MESA) Stock Fundamental Analysis

USA - NASDAQ:MESA - US5904791358 - Common Stock

1.38 USD
-0.04 (-2.82%)
Last: 10/17/2025, 8:28:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to MESA. MESA was compared to 21 industry peers in the Passenger Airlines industry. MESA may be in some trouble as it scores bad on both profitability and health. MESA has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

MESA had negative earnings in the past year.
In the past year MESA has reported a negative cash flow from operations.
In multiple years MESA reported negative net income over the last 5 years.
Of the past 5 years MESA 4 years had a positive operating cash flow.
MESA Yearly Net Income VS EBIT VS OCF VS FCFMESA 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 2024 0 100M -100M -200M -300M

1.2 Ratios

Looking at the Return On Assets, with a value of -99.22%, MESA is doing worse than 90.48% of the companies in the same industry.
MESA's Return On Invested Capital of 83.68% is amongst the best of the industry. MESA outperforms 100.00% of its industry peers.
Industry RankSector Rank
ROA -99.22%
ROE N/A
ROIC 83.68%
ROA(3y)-15%
ROA(5y)-8.4%
ROE(3y)-67.3%
ROE(5y)-38.5%
ROIC(3y)N/A
ROIC(5y)N/A
MESA Yearly ROA, ROE, ROICMESA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60 -80

1.3 Margins

Looking at the Operating Margin, with a value of 1.05%, MESA is doing worse than 61.90% of the companies in the same industry.
MESA's Operating Margin has declined in the last couple of years.
MESA has a worse Gross Margin (18.36%) than 71.43% of its industry peers.
MESA's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 1.05%
PM (TTM) N/A
GM 18.36%
OM growth 3YN/A
OM growth 5Y-36.96%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.11%
GM growth 5Y-10.25%
MESA Yearly Profit, Operating, Gross MarginsMESA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20

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2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MESA is creating value.
MESA has more shares outstanding than it did 1 year ago.
MESA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MESA has been reduced compared to a year ago.
MESA Yearly Shares OutstandingMESA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
MESA Yearly Total Debt VS Total AssetsMESA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

Based on the Altman-Z score of -0.23, we must say that MESA is in the distress zone and has some risk of bankruptcy.
MESA has a Altman-Z score of -0.23. This is in the lower half of the industry: MESA underperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -0.23
ROIC/WACC11.77
WACC7.11%
MESA Yearly LT Debt VS Equity VS FCFMESA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 0.76 indicates that MESA may have some problems paying its short term obligations.
MESA has a Current ratio of 0.76. This is amongst the best in the industry. MESA outperforms 80.95% of its industry peers.
A Quick Ratio of 0.67 indicates that MESA may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.67, MESA is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.76
Quick Ratio 0.67
MESA Yearly Current Assets VS Current LiabilitesMESA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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0

3. Growth

3.1 Past

MESA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -86.23%.
The Revenue for MESA has decreased by -14.62% in the past year. This is quite bad
The Revenue has been decreasing by -8.01% on average over the past years.
EPS 1Y (TTM)-86.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%203.6%
Revenue 1Y (TTM)-14.62%
Revenue growth 3Y-1.83%
Revenue growth 5Y-8.01%
Sales Q2Q%-16.25%

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 Y568.97%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.19%
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.
MESA Yearly Revenue VS EstimatesMESA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
MESA Yearly EPS VS EstimatesMESA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 0 1 -1

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4

4. Valuation

4.1 Price/Earnings Ratio

MESA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 1.99, the valuation of MESA can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MESA indicates a rather cheap valuation: MESA is cheaper than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, MESA is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 1.99
MESA Price Earnings VS Forward Price EarningsMESA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MESA is valued cheaply inside the industry as 80.95% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.46
MESA Per share dataMESA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4 6 8

4.3 Compensation for Growth

MESA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
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

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

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MESA AIR GROUP INC

NASDAQ:MESA (10/17/2025, 8:28:00 PM)

1.38

-0.04 (-2.82%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)10-13 2025-10-13
Earnings (Next)N/A N/A
Inst Owners17.52%
Inst Owner Change-0.41%
Ins Owners12.54%
Ins Owner Change19.38%
Market Cap57.78M
Analysts43.33
Price TargetN/A
Short Float %1.07%
Short Ratio3.36
Dividend
Industry RankSector 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)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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 1.99
P/S 0.14
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA 4.46
EPS(TTM)-4.29
EYN/A
EPS(NY)0.69
Fwd EY50.26%
FCF(TTM)-0.9
FCFYN/A
OCF(TTM)-0.69
OCFYN/A
SpS9.7
BVpS-0.99
TBVpS-0.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -99.22%
ROE N/A
ROCE 105.93%
ROIC 83.68%
ROICexc N/A
ROICexgc N/A
OM 1.05%
PM (TTM) N/A
GM 18.36%
FCFM N/A
ROA(3y)-15%
ROA(5y)-8.4%
ROE(3y)-67.3%
ROE(5y)-38.5%
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 5Y-29.03%
ROICexc growth 3YN/A
ROICexc growth 5Y-28.91%
OM growth 3YN/A
OM growth 5Y-36.96%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.11%
GM growth 5Y-10.25%
F-Score6
Asset Turnover2.27
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA 0.98
Cap/Depr 35.97%
Cap/Sales 2.17%
Interest Coverage 0.22
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.76
Quick Ratio 0.67
Altman-Z -0.23
F-Score6
WACC7.11%
ROIC/WACC11.77
Cap/Depr(3y)53.83%
Cap/Depr(5y)42.92%
Cap/Sales(3y)6.43%
Cap/Sales(5y)5.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-86.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%203.6%
EPS Next Y568.97%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.62%
Revenue growth 3Y-1.83%
Revenue growth 5Y-8.01%
Sales Q2Q%-16.25%
Revenue Next Year16.19%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y130.04%
EBIT growth 3YN/A
EBIT growth 5Y-42.01%
EBIT Next Year208.01%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y18.8%
FCF growth 3Y-50.63%
FCF growth 5Y-11.93%
OCF growth 1Y-104.99%
OCF growth 3Y-36.37%
OCF growth 5Y-25.75%