RYANAIR HOLDINGS PLC (RYA.I) Stock Fundamental Analysis
DUB:RYA - Euronext Dublin - IE00BYTBXV33 - Common Stock - Currency: EUR
RYA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 13 industry peers in the Passenger Airlines industry. RYA has an excellent financial health rating, but there are some minor concerns on its profitability. RYA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year RYA was profitable.
In the past year RYA had a positive cash flow from operations.
In multiple years RYA reported negative net income over the last 5 years.
Of the past 5 years RYA 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.21%, RYA belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
Looking at the Return On Equity, with a value of 22.90%, RYA is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 15.02%, RYA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RYA had an Average Return On Invested Capital over the past 3 years of 15.59%. This is significantly above the industry average of 7.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.21% | ||
| ROE | 22.9% | ||
| ROIC | 15.02% |
ROA(3y)9.46%
ROA(5y)3.71%
ROE(3y)23.79%
ROE(5y)9.03%
ROIC(3y)15.59%
ROIC(5y)N/A
1.3 Margins
RYA has a better Profit Margin (11.55%) than 92.31% of its industry peers.
RYA's Profit Margin has improved in the last couple of years.
RYA has a better Operating Margin (11.17%) than 84.62% of its industry peers.
RYA's Operating Margin has declined in the last couple of years.
RYA has a Gross Margin of 38.73%. This is amonst the worse of the industry: RYA underperforms 92.31% of its industry peers.
RYA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.17% | ||
| PM (TTM) | 11.55% | ||
| GM | 38.73% |
OM growth 3YN/A
OM growth 5Y-3.39%
PM growth 3YN/A
PM growth 5Y8.63%
GM growth 3Y7.87%
GM growth 5Y-1.58%
2. Health
2.1 Basic Checks
RYA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for RYA has been reduced compared to 1 year ago.
The number of shares outstanding for RYA has been reduced compared to 5 years ago.
Compared to 1 year ago, RYA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.12 indicates that RYA is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.12, RYA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RYA has a debt to FCF ratio of 1.44. This is a very positive value and a sign of high solvency as it would only need 1.44 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.44, RYA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RYA has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
RYA has a better Debt to Equity ratio (0.26) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 2.12 |
ROIC/WACC2.23
WACC6.75%
2.3 Liquidity
RYA has a Current Ratio of 0.74. This is a bad value and indicates that RYA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.74, RYA is in line with its industry, outperforming 53.85% of the companies in the same industry.
A Quick Ratio of 0.74 indicates that RYA may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.74, RYA is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
RYA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.93%.
The Earnings Per Share has been growing by 20.18% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 3.75% in the past year.
Measured over the past years, RYA shows a quite strong growth in Revenue. The Revenue has been growing by 10.43% on average per year.
EPS 1Y (TTM)-12.93%
EPS 3YN/A
EPS 5Y20.18%
EPS Q2Q%-16.05%
Revenue 1Y (TTM)3.75%
Revenue growth 3Y42.69%
Revenue growth 5Y10.43%
Sales Q2Q%5.87%
3.2 Future
The Earnings Per Share is expected to grow by 9.41% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.91% on average over the next years.
EPS Next Y30.2%
EPS Next 2Y19.94%
EPS Next 3Y17.67%
EPS Next 5Y9.41%
Revenue Next Year6.29%
Revenue Next 2Y6.1%
Revenue Next 3Y5.58%
Revenue Next 5Y3.91%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.74, the valuation of RYA can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of RYA indicates a rather expensive valuation: RYA more expensive than 92.31% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of RYA to the average of the S&P500 Index (26.52), we can say RYA is valued slightly cheaper.
With a Price/Forward Earnings ratio of 12.83, RYA is valued correctly.
92.31% of the companies in the same industry are cheaper than RYA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of RYA to the average of the S&P500 Index (22.25), we can say RYA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.74 | ||
| Fwd PE | 12.83 |
4.2 Price Multiples
RYA's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. RYA is more expensive than 69.23% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RYA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.92 | ||
| EV/EBITDA | 4.07 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RYA has a very decent profitability rating, which may justify a higher PE ratio.
RYA's earnings are expected to grow with 17.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)0.83
EPS Next 2Y19.94%
EPS Next 3Y17.67%
5. Dividend
5.1 Amount
RYA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DUB:RYA (6/6/2025, 7:00:00 PM)
24.28
+0.42 (+1.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners44.26%
Inst Owner ChangeN/A
Ins Owners4.24%
Ins Owner ChangeN/A
Market Cap12.90B
Analysts76.8
Price Target25.63 (5.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.4
Dividend Growth(5Y)N/A
DP27.16%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)87.17%
Min EPS beat(2)5.03%
Max EPS beat(2)169.31%
EPS beat(4)3
Avg EPS beat(4)34.06%
Min EPS beat(4)-38.77%
Max EPS beat(4)169.31%
EPS beat(8)4
Avg EPS beat(8)9.03%
EPS beat(12)6
Avg EPS beat(12)6.88%
EPS beat(16)8
Avg EPS beat(16)6.17%
Revenue beat(2)1
Avg Revenue beat(2)0.06%
Min Revenue beat(2)-1.15%
Max Revenue beat(2)1.27%
Revenue beat(4)1
Avg Revenue beat(4)-2.89%
Min Revenue beat(4)-9.46%
Max Revenue beat(4)1.27%
Revenue beat(8)3
Avg Revenue beat(8)-1.43%
Revenue beat(12)6
Avg Revenue beat(12)-0.71%
Revenue beat(16)7
Avg Revenue beat(16)-1.59%
PT rev (1m)0.56%
PT rev (3m)4.09%
EPS NQ rev (1m)30.37%
EPS NQ rev (3m)24.82%
EPS NY rev (1m)0%
EPS NY rev (3m)2.36%
Revenue NQ rev (1m)3.61%
Revenue NQ rev (3m)2.48%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.74 | ||
| Fwd PE | 12.83 | ||
| P/S | 0.92 | ||
| P/FCF | 6.92 | ||
| P/OCF | 3.78 | ||
| P/B | 1.83 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 4.07 |
EPS(TTM)1.45
EY5.97%
EPS(NY)1.89
Fwd EY7.8%
FCF(TTM)3.51
FCFY14.44%
OCF(TTM)6.43
OCFY26.48%
SpS26.25
BVpS13.25
TBVpS12.97
PEG (NY)0.55
PEG (5Y)0.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.21% | ||
| ROE | 22.9% | ||
| ROCE | 16.66% | ||
| ROIC | 15.02% | ||
| ROICexc | 26.07% | ||
| ROICexgc | 26.8% | ||
| OM | 11.17% | ||
| PM (TTM) | 11.55% | ||
| GM | 38.73% | ||
| FCFM | 13.36% |
ROA(3y)9.46%
ROA(5y)3.71%
ROE(3y)23.79%
ROE(5y)9.03%
ROIC(3y)15.59%
ROIC(5y)N/A
ROICexc(3y)28.01%
ROICexc(5y)N/A
ROICexgc(3y)28.81%
ROICexgc(5y)N/A
ROCE(3y)17.28%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y6.99%
ROICexc growth 3YN/A
ROICexc growth 5Y6.98%
OM growth 3YN/A
OM growth 5Y-3.39%
PM growth 3YN/A
PM growth 5Y8.63%
GM growth 3Y7.87%
GM growth 5Y-1.58%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.44 | ||
| Debt/EBITDA | 0.65 | ||
| Cap/Depr | 127.84% | ||
| Cap/Sales | 11.13% | ||
| Interest Coverage | 22.35 | ||
| Cash Conversion | 123.2% | ||
| Profit Quality | 115.61% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 2.12 |
F-Score6
WACC6.75%
ROIC/WACC2.23
Cap/Depr(3y)187%
Cap/Depr(5y)155.37%
Cap/Sales(3y)15.56%
Cap/Sales(5y)17.86%
Profit Quality(3y)102%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.93%
EPS 3YN/A
EPS 5Y20.18%
EPS Q2Q%-16.05%
EPS Next Y30.2%
EPS Next 2Y19.94%
EPS Next 3Y17.67%
EPS Next 5Y9.41%
Revenue 1Y (TTM)3.75%
Revenue growth 3Y42.69%
Revenue growth 5Y10.43%
Sales Q2Q%5.87%
Revenue Next Year6.29%
Revenue Next 2Y6.1%
Revenue Next 3Y5.58%
Revenue Next 5Y3.91%
EBIT growth 1Y-24.39%
EBIT growth 3YN/A
EBIT growth 5Y6.68%
EBIT Next Year107.14%
EBIT Next 3Y35.02%
EBIT Next 5Y19.36%
FCF growth 1Y143.24%
FCF growth 3Y34.9%
FCF growth 5Y20.02%
OCF growth 1Y8.16%
OCF growth 3Y20.74%
OCF growth 5Y20.81%