RYANAIR HOLDINGS PLC (RYA.I) Stock Fundamental Analysis
DUB:RYA - Euronext Dublin - IE00BYTBXV33 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to RYA. RYA was compared to 14 industry peers in the Passenger Airlines industry. While RYA has a great health rating, its profitability is only average at the moment. RYA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RYA was profitable.
RYA had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 10.16%, RYA belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
With a decent Return On Equity value of 20.37%, RYA is doing good in the industry, outperforming 75.00% of the companies in the same industry.
RYA has a Return On Invested Capital of 14.46%. This is amongst the best in the industry. RYA outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 20.37% | ||
| ROIC | 14.46% |
ROA(3y)5.86%
ROA(5y)2.75%
ROE(3y)14.71%
ROE(5y)7.09%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of RYA (12.04%) is better than 91.67% of its industry peers.
In the last couple of years the Profit Margin of RYA has grown nicely.
The Operating Margin of RYA (12.38%) is better than 83.33% of its industry peers.
RYA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 39.29%, RYA is doing worse than 91.67% of the companies in the same industry.
RYA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.38% | ||
| PM (TTM) | 12.04% | ||
| GM | 39.29% |
OM growth 3YN/A
OM growth 5Y3.02%
PM growth 3YN/A
PM growth 5Y4.4%
GM growth 3Y17.31%
GM growth 5Y-0.7%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so RYA is creating value.
Compared to 1 year ago, RYA has about the same amount of shares outstanding.
RYA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for RYA has been reduced compared to a year ago.
2.2 Solvency
RYA has an Altman-Z score of 2.56. This is not the best score and indicates that RYA is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of RYA (2.56) is better than 100.00% of its industry peers.
The Debt to FCF ratio of RYA is 1.91, which is an excellent value as it means it would take RYA, only 1.91 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.91, 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 0.22. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.22, RYA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 2.56 |
ROIC/WACC2.23
WACC6.47%
2.3 Liquidity
A Current Ratio of 0.86 indicates that RYA may have some problems paying its short term obligations.
With an excellent Current ratio value of 0.86, RYA belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
RYA has a Quick Ratio of 0.86. This is a bad value and indicates that RYA is not financially healthy enough and could expect problems in meeting its short term obligations.
RYA's Quick ratio of 0.86 is amongst the best of the industry. RYA outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
RYA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.93%.
The Earnings Per Share has been growing by 16.75% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.34% in the past year.
Measured over the past years, RYA shows a quite strong growth in Revenue. The Revenue has been growing by 11.80% on average per year.
EPS 1Y (TTM)-15.93%
EPS 3YN/A
EPS 5Y16.75%
EPS Q2Q%946.15%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y101.8%
Revenue growth 5Y11.8%
Sales Q2Q%9.65%
3.2 Future
The Earnings Per Share is expected to grow by 8.51% on average over the next years. This is quite good.
RYA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.68% yearly.
EPS Next Y-11%
EPS Next 2Y6.47%
EPS Next 3Y7.79%
EPS Next 5Y8.51%
Revenue Next Year3.9%
Revenue Next 2Y5.11%
Revenue Next 3Y5.45%
Revenue Next 5Y4.68%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.74, the valuation of RYA can be described as correct.
Based on the Price/Earnings ratio, RYA is valued more expensive than 91.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.18. RYA is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 11.60, the valuation of RYA can be described as very reasonable.
RYA's Price/Forward Earnings ratio is rather expensive when compared to the industry. RYA is more expensive than 91.67% of the companies in the same industry.
RYA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 11.6 |
4.2 Price Multiples
RYA's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. RYA is more expensive than 83.33% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as RYA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.24 | ||
| EV/EBITDA | 4.05 |
4.3 Compensation for Growth
The decent profitability rating of RYA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.88
EPS Next 2Y6.47%
EPS Next 3Y7.79%
5. Dividend
5.1 Amount
RYA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DUB:RYA (5/2/2025, 7:00:00 PM)
21.96
+1.18 (+5.68%)
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 Cap11.67B
Analysts76
Price Target23.76 (8.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.18
Dividend Growth(5Y)N/A
DP23.85%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)84.98%
Min EPS beat(2)0.65%
Max EPS beat(2)169.31%
EPS beat(4)2
Avg EPS beat(4)29.19%
Min EPS beat(4)-38.77%
Max EPS beat(4)169.31%
EPS beat(8)4
Avg EPS beat(8)11.78%
EPS beat(12)6
Avg EPS beat(12)11.34%
EPS beat(16)8
Avg EPS beat(16)7.35%
Revenue beat(2)1
Avg Revenue beat(2)-0.47%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)1.27%
Revenue beat(4)2
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-9.46%
Max Revenue beat(4)1.27%
Revenue beat(8)4
Avg Revenue beat(8)-1.15%
Revenue beat(12)7
Avg Revenue beat(12)-0.43%
Revenue beat(16)7
Avg Revenue beat(16)-2.57%
PT rev (1m)2.29%
PT rev (3m)7.73%
EPS NQ rev (1m)-7.59%
EPS NQ rev (3m)-0.43%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)4.52%
Revenue NQ rev (1m)2.38%
Revenue NQ rev (3m)2.38%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 11.6 | ||
| P/S | 0.84 | ||
| P/FCF | 8.24 | ||
| P/OCF | 3.93 | ||
| P/B | 1.43 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 4.05 |
EPS(TTM)1.49
EY6.79%
EPS(NY)1.89
Fwd EY8.62%
FCF(TTM)2.66
FCFY12.13%
OCF(TTM)5.58
OCFY25.42%
SpS26
BVpS15.37
TBVpS15.1
PEG (NY)N/A
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 20.37% | ||
| ROCE | 15.96% | ||
| ROIC | 14.46% | ||
| ROICexc | 19.45% | ||
| ROICexgc | 19.81% | ||
| OM | 12.38% | ||
| PM (TTM) | 12.04% | ||
| GM | 39.29% | ||
| FCFM | 10.25% |
ROA(3y)5.86%
ROA(5y)2.75%
ROE(3y)14.71%
ROE(5y)7.09%
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 5Y12.31%
ROICexc growth 3YN/A
ROICexc growth 5Y12.38%
OM growth 3YN/A
OM growth 5Y3.02%
PM growth 3YN/A
PM growth 5Y4.4%
GM growth 3Y17.31%
GM growth 5Y-0.7%
F-Score5
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 134.11% | ||
| Cap/Sales | 11.22% | ||
| Interest Coverage | 23.63 | ||
| Cash Conversion | 103.48% | ||
| Profit Quality | 85.11% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.56 |
F-Score5
WACC6.47%
ROIC/WACC2.23
Cap/Depr(3y)199.14%
Cap/Depr(5y)145.26%
Cap/Sales(3y)20.06%
Cap/Sales(5y)17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.93%
EPS 3YN/A
EPS 5Y16.75%
EPS Q2Q%946.15%
EPS Next Y-11%
EPS Next 2Y6.47%
EPS Next 3Y7.79%
EPS Next 5Y8.51%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y101.8%
Revenue growth 5Y11.8%
Sales Q2Q%9.65%
Revenue Next Year3.9%
Revenue Next 2Y5.11%
Revenue Next 3Y5.45%
Revenue Next 5Y4.68%
EBIT growth 1Y-21.25%
EBIT growth 3YN/A
EBIT growth 5Y15.17%
EBIT Next Year39.45%
EBIT Next 3Y20.52%
EBIT Next 5Y15.22%
FCF growth 1Y30.63%
FCF growth 3YN/A
FCF growth 5Y10.22%
OCF growth 1Y7.79%
OCF growth 3YN/A
OCF growth 5Y12.41%