RYANAIR HOLDINGS PLC-SP ADR (RYAAY) Stock Fundamental Analysis
NASDAQ:RYAAY - US7835132033 - ADR
65.51 USD
-1.21 (-1.81%)
65.51 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to RYAAY. RYAAY was compared to 22 industry peers in the Passenger Airlines industry. RYAAY gets an excellent profitability rating and is at the same time showing great financial health properties. RYAAY is not valued too expensively and it also shows a decent growth rate. These ratings could make RYAAY a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
RYAAY had positive earnings in the past year.
RYAAY had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: RYAAY reported negative net income in multiple years.
Of the past 5 years RYAAY 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 11.46%, RYAAY belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
RYAAY's Return On Equity of 27.99% is amongst the best of the industry. RYAAY outperforms 95.45% of its industry peers.
RYAAY has a Return On Invested Capital of 22.96%. This is amongst the best in the industry. RYAAY outperforms 95.45% 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 last Return On Invested Capital (22.96%) for RYAAY is above the 3 year average (15.59%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 14.13%, RYAAY belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
In the last couple of years the Profit Margin of RYAAY has grown nicely.
RYAAY's Operating Margin of 14.36% is amongst the best of the industry. RYAAY outperforms 90.91% of its industry peers.
In the last couple of years the Operating Margin of RYAAY has declined.
RYAAY has a Gross Margin of 40.89%. This is comparable to the rest of the industry: RYAAY outperforms 40.91% of its industry peers.
RYAAY's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so RYAAY 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
RYAAY has an Altman-Z score of 3.11. This indicates that RYAAY is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of RYAAY (3.11) is better than 90.91% of its industry peers.
The Debt to FCF ratio of RYAAY is 1.12, which is an excellent value as it means it would take RYAAY, only 1.12 years of fcf income to pay off all of its debts.
RYAAY has a better Debt to FCF ratio (1.12) than 100.00% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that RYAAY is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.03, RYAAY belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 1.12 | ||
| Altman-Z | 3.11 |
ROIC/WACC3.22
WACC7.12%
2.3 Liquidity
RYAAY has a Current Ratio of 0.66. This is a bad value and indicates that RYAAY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of RYAAY (0.66) is comparable to the rest of the industry.
RYAAY has a Quick Ratio of 0.66. This is a bad value and indicates that RYAAY is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.66, RYAAY is doing good in the industry, outperforming 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
RYAAY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.59%, which is quite impressive.
RYAAY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.18% yearly.
The Revenue has grown by 9.24% in the past year. This is quite good.
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
The Earnings Per Share is expected to grow by 15.18% on average over the next years. This is quite good.
Based on estimates for the next years, RYAAY will show a small growth in Revenue. The Revenue will grow by 5.65% on average per year.
EPS Next Y42.8%
EPS Next 2Y27.71%
EPS Next 3Y21.33%
EPS Next 5Y15.18%
Revenue Next Year8.68%
Revenue Next 2Y7.02%
Revenue Next 3Y7.14%
Revenue Next 5Y5.65%
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
Based on the Price/Earnings ratio of 14.56, the valuation of RYAAY can be described as correct.
Based on the Price/Earnings ratio, RYAAY is valued a bit cheaper than 68.18% of the companies in the same industry.
RYAAY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.03.
Based on the Price/Forward Earnings ratio of 11.70, the valuation of RYAAY can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RYAAY is on the same level as its industry peers.
RYAAY's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 11.7 |
4.2 Price Multiples
RYAAY's Enterprise Value to EBITDA is on the same level as the industry average.
RYAAY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RYAAY is cheaper than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.32 | ||
| EV/EBITDA | 8.04 |
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.
RYAAY has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as RYAAY's earnings are expected to grow with 21.33% in the coming years.
PEG (NY)0.34
PEG (5Y)0.72
EPS Next 2Y27.71%
EPS Next 3Y21.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.58%, RYAAY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.74, RYAAY pays a better dividend. On top of this RYAAY pays more dividend than 81.82% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.34, RYAAY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
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
RYAAY pays out 21.13% of its income as dividend. This is a sustainable payout ratio.
DP21.13%
EPS Next 2Y27.71%
EPS Next 3Y21.33%
65.51
-1.21 (-1.81%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners54.8%
Inst Owner Change-3.98%
Ins Owners4.21%
Ins Owner ChangeN/A
Market Cap34.74B
Analysts80.87
Price Target70.59 (7.75%)
Short Float %0.44%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
Yearly Dividend0.93
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)11.2%
PT rev (3m)28.84%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)17.44%
EPS NY rev (1m)9.72%
EPS NY rev (3m)9.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.64%
Revenue NY rev (1m)2.25%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 11.7 | ||
| P/S | 2.03 | ||
| P/FCF | 14.32 | ||
| P/OCF | 7.93 | ||
| P/B | 4.01 | ||
| P/tB | 4.09 | ||
| EV/EBITDA | 8.04 |
EPS(TTM)4.5
EY6.87%
EPS(NY)5.6
Fwd EY8.55%
FCF(TTM)4.57
FCFY6.98%
OCF(TTM)8.27
OCFY12.62%
SpS32.34
BVpS16.33
TBVpS16
PEG (NY)0.34
PEG (5Y)0.72
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 | 3.11 |
F-Score8
WACC7.12%
ROIC/WACC3.22
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 Y42.8%
EPS Next 2Y27.71%
EPS Next 3Y21.33%
EPS Next 5Y15.18%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y42.69%
Revenue growth 5Y10.43%
Sales Q2Q%19.62%
Revenue Next Year8.68%
Revenue Next 2Y7.02%
Revenue Next 3Y7.14%
Revenue Next 5Y5.65%
EBIT growth 1Y22.76%
EBIT growth 3YN/A
EBIT growth 5Y6.68%
EBIT Next Year107.14%
EBIT Next 3Y37.63%
EBIT Next 5Y23.97%
FCF growth 1Y77.21%
FCF growth 3Y34.9%
FCF growth 5Y20.02%
OCF growth 1Y0.41%
OCF growth 3Y20.74%
OCF growth 5Y20.81%