RYANAIR HOLDINGS PLC-SP ADR (RYAAY) Stock Fundamental Analysis
USA - NASDAQ:RYAAY - US7835132033 - ADR
59.5 USD
-0.47 (-0.78%)
59.5 USD
0 (0%)
Taking everything into account, RYAAY scores 7 out of 10 in our fundamental rating. RYAAY was compared to 21 industry peers in the Passenger Airlines industry. RYAAY scores excellent points on both the profitability and health parts. This is a solid base for a good stock. RYAAY may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make RYAAY a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
RYAAY had positive earnings in the past year.
In the past year RYAAY had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: RYAAY reported negative net income in multiple years.
RYAAY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.46%, RYAAY belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 27.99%, RYAAY belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
RYAAY has a Return On Invested Capital of 22.96%. This is amongst the best in the industry. RYAAY outperforms 95.24% of its industry peers.
RYAAY had an Average Return On Invested Capital over the past 3 years of 15.59%. This is in line with the industry average of 14.49%.
The 3 year average ROIC (15.59%) for RYAAY is below the current ROIC(22.96%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.46% | ||
| ROE | 27.99% | ||
| ROIC | 22.96% |
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
RYAAY has a Profit Margin of 14.13%. This is amongst the best in the industry. RYAAY outperforms 95.24% of its industry peers.
In the last couple of years the Profit Margin of RYAAY has grown nicely.
RYAAY has a better Operating Margin (14.36%) than 90.48% of its industry peers.
RYAAY's Operating Margin has declined in the last couple of years.
The Gross Margin of RYAAY (40.89%) is worse than 61.90% of its industry peers.
In the last couple of years the Gross Margin of RYAAY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.36% | ||
| PM (TTM) | 14.13% | ||
| GM | 40.89% |
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
RYAAY has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, RYAAY has less shares outstanding
Compared to 5 years ago, RYAAY has less shares outstanding
RYAAY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.94 indicates that RYAAY is not a great score, but indicates only limited risk for bankruptcy at the moment.
RYAAY has a better Altman-Z score (2.94) than 95.24% of its industry peers.
RYAAY has a debt to FCF ratio of 1.12. This is a very positive value and a sign of high solvency as it would only need 1.12 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.12, RYAAY belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that RYAAY is not too dependend on debt financing.
RYAAY's Debt to Equity ratio of 0.03 is amongst the best of the industry. RYAAY outperforms 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 1.12 | ||
| Altman-Z | 2.94 |
ROIC/WACC3.14
WACC7.3%
2.3 Liquidity
A Current Ratio of 0.66 indicates that RYAAY may have some problems paying its short term obligations.
With a decent Current ratio value of 0.66, RYAAY is doing good in the industry, outperforming 61.90% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that RYAAY may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.66, RYAAY is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.59% over the past year.
Measured over the past years, RYAAY shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.18% on average per year.
RYAAY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.24%.
The Revenue has been growing by 10.43% on average over the past years. This is quite good.
EPS 1Y (TTM)35.59%
EPS 3YN/A
EPS 5Y20.18%
EPS Q2Q%143.17%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y42.69%
Revenue growth 5Y10.43%
Sales Q2Q%19.62%
3.2 Future
Based on estimates for the next years, RYAAY will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.11% on average per year.
The Revenue is expected to grow by 5.58% on average over the next years.
EPS Next Y42.29%
EPS Next 2Y27.4%
EPS Next 3Y21.15%
EPS Next 5Y15.11%
Revenue Next Year8.77%
Revenue Next 2Y6.97%
Revenue Next 3Y7.02%
Revenue Next 5Y5.58%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
RYAAY is valuated correctly with a Price/Earnings ratio of 13.16.
RYAAY's Price/Earnings ratio is a bit cheaper when compared to the industry. RYAAY is cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.86. RYAAY is valued rather cheaply when compared to this.
RYAAY is valuated reasonably with a Price/Forward Earnings ratio of 10.62.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RYAAY is on the same level as its industry peers.
RYAAY is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.16 | ||
| Fwd PE | 10.62 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RYAAY is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, RYAAY is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.95 | ||
| EV/EBITDA | 7.19 |
4.3 Compensation for Growth
RYAAY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of RYAAY may justify a higher PE ratio.
RYAAY's earnings are expected to grow with 21.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)0.65
EPS Next 2Y27.4%
EPS Next 3Y21.15%
5. Dividend
5.1 Amount
RYAAY has a Yearly Dividend Yield of 1.79%.
RYAAY's Dividend Yield is rather good when compared to the industry average which is at 2.74. RYAAY pays more dividend than 80.95% of the companies in the same industry.
RYAAY's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
5.2 History
RYAAY has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
21.13% of the earnings are spent on dividend by RYAAY. This is a low number and sustainable payout ratio.
DP21.13%
EPS Next 2Y27.4%
EPS Next 3Y21.15%
59.5
-0.47 (-0.78%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners53.84%
Inst Owner Change0%
Ins Owners4.13%
Ins Owner ChangeN/A
Market Cap31.50B
Analysts80
Price Target68.15 (14.54%)
Short Float %0.4%
Short Ratio1.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
Yearly Dividend0.94
Dividend Growth(5Y)N/A
DP21.13%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.36%
Min EPS beat(2)5.03%
Max EPS beat(2)27.68%
EPS beat(4)4
Avg EPS beat(4)50.67%
Min EPS beat(4)0.65%
Max EPS beat(4)169.31%
EPS beat(8)4
Avg EPS beat(8)7.71%
EPS beat(12)6
Avg EPS beat(12)8.09%
EPS beat(16)9
Avg EPS beat(16)9.2%
Revenue beat(2)1
Avg Revenue beat(2)0.76%
Min Revenue beat(2)-1.15%
Max Revenue beat(2)2.67%
Revenue beat(4)2
Avg Revenue beat(4)0.14%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)2.67%
Revenue beat(8)3
Avg Revenue beat(8)-1.22%
Revenue beat(12)6
Avg Revenue beat(12)-0.68%
Revenue beat(16)8
Avg Revenue beat(16)-0.81%
PT rev (1m)-3.46%
PT rev (3m)11.79%
EPS NQ rev (1m)-0.29%
EPS NQ rev (3m)4.29%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)9.42%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)0.55%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.16 | ||
| Fwd PE | 10.62 | ||
| P/S | 1.83 | ||
| P/FCF | 12.95 | ||
| P/OCF | 7.16 | ||
| P/B | 3.63 | ||
| P/tB | 3.7 | ||
| EV/EBITDA | 7.19 |
EPS(TTM)4.52
EY7.6%
EPS(NY)5.6
Fwd EY9.41%
FCF(TTM)4.6
FCFY7.72%
OCF(TTM)8.31
OCFY13.96%
SpS32.5
BVpS16.41
TBVpS16.08
PEG (NY)0.31
PEG (5Y)0.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.46% | ||
| ROE | 27.99% | ||
| ROCE | 25.45% | ||
| ROIC | 22.96% | ||
| ROICexc | 48.39% | ||
| ROICexgc | 50.27% | ||
| OM | 14.36% | ||
| PM (TTM) | 14.13% | ||
| GM | 40.89% | ||
| FCFM | 14.14% |
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-Score8
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 1.12 | ||
| Debt/EBITDA | 0.07 | ||
| Cap/Depr | 134.5% | ||
| Cap/Sales | 11.42% | ||
| Interest Coverage | 31.19 | ||
| Cash Conversion | 111.85% | ||
| Profit Quality | 100.09% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 2.94 |
F-Score8
WACC7.3%
ROIC/WACC3.14
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)35.59%
EPS 3YN/A
EPS 5Y20.18%
EPS Q2Q%143.17%
EPS Next Y42.29%
EPS Next 2Y27.4%
EPS Next 3Y21.15%
EPS Next 5Y15.11%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y42.69%
Revenue growth 5Y10.43%
Sales Q2Q%19.62%
Revenue Next Year8.77%
Revenue Next 2Y6.97%
Revenue Next 3Y7.02%
Revenue Next 5Y5.58%
EBIT growth 1Y22.76%
EBIT growth 3YN/A
EBIT growth 5Y6.68%
EBIT Next Year114.4%
EBIT Next 3Y37.19%
EBIT Next 5Y23.89%
FCF growth 1Y77.21%
FCF growth 3Y34.9%
FCF growth 5Y20.02%
OCF growth 1Y0.41%
OCF growth 3Y20.74%
OCF growth 5Y20.81%