SPIRIT AIRLINES INC (SAVE) Stock Fundamental Analysis
USA - NYSE:SAVE - US8485771021 - Common Stock
1.08 USD
-0.24 (-18.18%)
1.02 USD
-0.06 (-5.56%)
Taking everything into account, SAVE scores 2 out of 10 in our fundamental rating. SAVE was compared to 21 industry peers in the Passenger Airlines industry. SAVE may be in some trouble as it scores bad on both profitability and health. SAVE does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
SAVE had negative earnings in the past year.
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.
1.2 Ratios
SAVE has a Return On Assets of -7.08%. This is comparable to the rest of the industry: SAVE outperforms 41.67% of its industry peers.
Looking at the Return On Equity, with a value of -83.59%, SAVE is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector 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
1.3 Margins
The Gross Margin of SAVE (11.89%) is worse than 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 Rank | Sector 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%
2. Health
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.
SAVE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SAVE has an improved debt to assets ratio.
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.
With a Altman-Z score value of 0.26, SAVE is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.26 |
ROIC/WACCN/A
WACC3.59%
2.3 Liquidity
A Current Ratio of 0.94 indicates that SAVE may have some problems paying its short term obligations.
SAVE has a Current ratio of 0.94. This is amongst the best in the industry. SAVE outperforms 83.33% of its industry peers.
SAVE has a Quick 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.
SAVE has a better Quick ratio (0.94) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
SAVE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -1381.58%.
SAVE shows a decrease in Revenue. In the last year, the revenue decreased by -7.07%.
SAVE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.04% yearly.
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
Based on estimates for the next years, SAVE will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.75% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for SAVE. In the last year negative earnings were reported.
Also next year SAVE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.25%
EPS Next 3Y10.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 27.78%, SAVE is a good candidate for dividend investing.
In the last 3 months the price of SAVE has falen by -61.29%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.01, SAVE pays a better dividend. On top of this SAVE pays more dividend than 100.00% of the companies listed in the same industry.
SAVE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 27.78% |
5.2 History
SAVE does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y-15.25%
EPS Next 3Y10.75%
1.08
-0.24 (-18.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 FAQ
What is the ChartMill fundamental rating of SPIRIT AIRLINES INC (SAVE) stock?
ChartMill assigns a fundamental rating of 2 / 10 to SAVE.
Can you provide the valuation status for SPIRIT AIRLINES INC?
ChartMill assigns a valuation rating of 0 / 10 to SPIRIT AIRLINES INC (SAVE). This can be considered as Overvalued.
Can you provide the profitability details for SPIRIT AIRLINES INC?
SPIRIT AIRLINES INC (SAVE) has a profitability rating of 1 / 10.