SPIRIT AIRLINES INC (SAVE) Fundamental Analysis & Valuation

NYSE:SAVE • US8485771021

Current stock price

1.08 USD
-0.24 (-18.18%)
At close:
1.02 USD
-0.06 (-5.56%)
Pre-Market:

This SAVE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. SAVE Profitability Analysis

1.1 Basic Checks

  • In the past year SAVE has reported negative net income.
  • SAVE had a negative operating cash flow in the past year.
  • In the past 5 years SAVE reported 4 times negative net income.
  • In multiple years SAVE reported negative operating cash flow during the last 5 years.
SAVE Yearly Net Income VS EBIT VS OCF VS FCFSAVE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M -400M -600M -800M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -7.08%, SAVE is in line with its industry, outperforming 41.67% of the companies in the same industry.
  • SAVE's Return On Equity of -83.59% is on the low side compared to the rest of the industry. SAVE is outperformed by 66.67% of its industry peers.
Industry RankSector Rank
ROA -7.08%
ROE -83.59%
ROIC N/A
ROA(3y)-5.44%
ROA(5y)-3.33%
ROE(3y)-32.35%
ROE(5y)-20.26%
ROIC(3y)N/A
ROIC(5y)N/A
SAVE Yearly ROA, ROE, ROICSAVE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20

1.3 Margins

  • SAVE has a Gross Margin of 11.89%. This is in the lower half of the industry: SAVE underperforms 79.17% of its industry peers.
  • SAVE's Gross Margin has declined in the last couple of years.
  • The Profit Margin and Operating Margin are not available for SAVE so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 11.89%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-13.14%
SAVE Yearly Profit, Operating, Gross MarginsSAVE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40

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2

2. SAVE Health Analysis

2.1 Basic Checks

  • SAVE does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for SAVE has been increased compared to 1 year ago.
  • The debt/assets ratio for SAVE has been reduced compared to a year ago.
SAVE Yearly Shares OutstandingSAVE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
SAVE Yearly Total Debt VS Total AssetsSAVE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

2.2 Solvency

  • Based on the Altman-Z score of 0.26, we must say that SAVE is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.26, SAVE is doing worse than 66.67% of the companies in the same industry.
  • A Debt/Equity ratio of 3.86 is on the high side and indicates that SAVE has dependencies on debt financing.
  • SAVE has a Debt to Equity ratio (3.86) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 3.86
Debt/FCF N/A
Altman-Z 0.26
ROIC/WACCN/A
WACC3.59%
SAVE Yearly LT Debt VS Equity VS FCFSAVE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 1B 2B 3B

2.3 Liquidity

  • SAVE has a Current Ratio of 0.94. This is a bad value and indicates that SAVE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.94, SAVE belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • A Quick Ratio of 0.94 indicates that SAVE may have some problems paying its short term obligations.
  • SAVE has a Quick ratio of 0.94. This is amongst the best in the industry. SAVE outperforms 87.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.94
SAVE Yearly Current Assets VS Current LiabilitesSAVE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. SAVE Growth Analysis

3.1 Past

  • The earnings per share for SAVE have decreased strongly by -1381.58% in the last year.
  • Looking at the last year, SAVE shows a decrease in Revenue. The Revenue has decreased by -7.07% in the last year.
  • The Revenue has been growing by 10.04% on average over the past years. This is quite good.
EPS 1Y (TTM)-1381.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-596.55%
Revenue 1Y (TTM)-7.07%
Revenue growth 3Y43.63%
Revenue growth 5Y10.04%
Sales Q2Q%-10.58%

3.2 Future

  • The Earnings Per Share is expected to grow by 10.75% on average over the next years. This is quite good.
  • Based on estimates for the next years, SAVE will show a decrease in Revenue. The Revenue will decrease by -1.49% on average per year.
EPS Next Y-110.25%
EPS Next 2Y-15.25%
EPS Next 3Y10.75%
EPS Next 5YN/A
Revenue Next Year-9.68%
Revenue Next 2Y-5.78%
Revenue Next 3Y-1.49%
Revenue Next 5YN/A

3.3 Evolution

  • 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.
SAVE Yearly Revenue VS EstimatesSAVE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B 4B 5B
SAVE Yearly EPS VS EstimatesSAVE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 -2 4 -4 -6 -8

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0

4. SAVE Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for SAVE. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SAVE. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
SAVE Price Earnings VS Forward Price EarningsSAVE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SAVE Per share dataSAVE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.25%
EPS Next 3Y10.75%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. SAVE Dividend Analysis

5.1 Amount

  • SAVE has a Yearly Dividend Yield of 27.78%, which is a nice return.
  • The stock price of SAVE dropped by -61.29% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • SAVE's Dividend Yield is rather good when compared to the industry average which is at 0.92. SAVE pays more dividend than 100.00% of the companies in the same industry.
  • SAVE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 27.78%

5.2 History

  • SAVE is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
SAVE Yearly Dividends per shareSAVE Yearly Dividends per shareYearly Dividends per share 2023 2024 0.2 0.4 0.6 0.8 1

5.3 Sustainability

DPN/A
EPS Next 2Y-15.25%
EPS Next 3Y10.75%
SAVE Yearly Income VS Free CF VS DividendSAVE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M -400M -600M

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SAVE Fundamentals: All Metrics, Ratios and Statistics

SPIRIT AIRLINES INC

NYSE:SAVE (11/15/2024, 8:04:00 PM)

Premarket: 1.02 -0.06 (-5.56%)

1.08

-0.24 (-18.18%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)10-23
Earnings (Next)02-05
Inst Owners31.85%
Inst Owner Change0%
Ins Owners0.83%
Ins Owner Change0%
Market Cap118.28M
Revenue(TTM)5.13B
Net Income(TTM)-676.81M
Analysts44.44
Price Target2.3 (112.96%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 27.78%
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)1
Avg EPS beat(2)-1.44%
Min EPS beat(2)-3.95%
Max EPS beat(2)1.06%
EPS beat(4)3
Avg EPS beat(4)3.75%
Min EPS beat(4)-3.95%
Max EPS beat(4)8.99%
EPS beat(8)6
Avg EPS beat(8)40.74%
EPS beat(12)10
Avg EPS beat(12)35.36%
EPS beat(16)13
Avg EPS beat(16)30.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.62%
Min Revenue beat(2)-2.96%
Max Revenue beat(2)-2.28%
Revenue beat(4)0
Avg Revenue beat(4)-2.18%
Min Revenue beat(4)-2.96%
Max Revenue beat(4)-1.58%
Revenue beat(8)0
Avg Revenue beat(8)-2.41%
Revenue beat(12)1
Avg Revenue beat(12)-1.88%
Revenue beat(16)3
Avg Revenue beat(16)-1.45%
PT rev (1m)-3.08%
PT rev (3m)-11.27%
EPS NQ rev (1m)-1.51%
EPS NQ rev (3m)0.87%
EPS NY rev (1m)-2.99%
EPS NY rev (3m)-2.99%
Revenue NQ rev (1m)-1%
Revenue NQ rev (3m)-1.74%
Revenue NY rev (1m)-3.12%
Revenue NY rev (3m)-3.33%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.02
P/FCF N/A
P/OCF N/A
P/B 0.15
P/tB 0.15
EV/EBITDA N/A
EPS(TTM)-5.63
EYN/A
EPS(NY)-4.33
Fwd EYN/A
FCF(TTM)-7.6
FCFYN/A
OCF(TTM)-5.91
OCFYN/A
SpS46.81
BVpS7.39
TBVpS7.39
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -7.08%
ROE -83.59%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 11.89%
FCFM N/A
ROA(3y)-5.44%
ROA(5y)-3.33%
ROE(3y)-32.35%
ROE(5y)-20.26%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-13.14%
F-Score3
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 3.86
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 56.4%
Cap/Sales 3.61%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.94
Quick Ratio 0.94
Altman-Z 0.26
F-Score3
WACC3.59%
ROIC/WACCN/A
Cap/Depr(3y)75.82%
Cap/Depr(5y)103.43%
Cap/Sales(3y)5.36%
Cap/Sales(5y)9.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1381.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-596.55%
EPS Next Y-110.25%
EPS Next 2Y-15.25%
EPS Next 3Y10.75%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.07%
Revenue growth 3Y43.63%
Revenue growth 5Y10.04%
Sales Q2Q%-10.58%
Revenue Next Year-9.68%
Revenue Next 2Y-5.78%
Revenue Next 3Y-1.49%
Revenue Next 5YN/A
EBIT growth 1Y-3772.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-12.14%
EBIT Next 3Y26.91%
EBIT Next 5YN/A
FCF growth 1Y-97.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-243.61%
OCF growth 3YN/A
OCF growth 5YN/A

SPIRIT AIRLINES INC / SAVE Fundamental Analysis FAQ

What is the ChartMill fundamental rating of SPIRIT AIRLINES INC (SAVE) stock?

ChartMill assigns a fundamental rating of 2 / 10 to SAVE.


What is the valuation status for SAVE stock?

ChartMill assigns a valuation rating of 0 / 10 to SPIRIT AIRLINES INC (SAVE). This can be considered as Overvalued.


What is the profitability of SAVE stock?

SPIRIT AIRLINES INC (SAVE) has a profitability rating of 1 / 10.


Can you provide the expected EPS growth for SAVE stock?

The Earnings per Share (EPS) of SPIRIT AIRLINES INC (SAVE) is expected to decline by -110.25% in the next year.