TRANSAT A.T. INC (TRZ.CA) Stock Fundamental Analysis
TSX:TRZ - Toronto Stock Exchange - CA89351T4019 - Common Stock - Currency: CAD
TRZ gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 9 industry peers in the Passenger Airlines industry. TRZ has a bad profitability rating. Also its financial health evaluation is rather negative. TRZ is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
TRZ had negative earnings in the past year.
In the past year TRZ had a positive cash flow from operations.
In the past 5 years TRZ always reported negative net income.
In multiple years TRZ reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of TRZ (-5.09%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.72%, TRZ is doing worse than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.09% | ||
| ROE | N/A | ||
| ROIC | 2.72% |
ROA(3y)-8.25%
ROA(5y)-13.98%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Operating Margin value of 1.34%, TRZ is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
Looking at the Gross Margin, with a value of 49.13%, TRZ is in line with its industry, outperforming 55.56% of the companies in the same industry.
In the last couple of years the Gross Margin of TRZ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.34% | ||
| PM (TTM) | N/A | ||
| GM | 49.13% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y41.13%
GM growth 5Y0.74%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TRZ is destroying value.
Compared to 1 year ago, TRZ has more shares outstanding
The number of shares outstanding for TRZ has been increased compared to 5 years ago.
TRZ has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that TRZ is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.48, TRZ is not doing good in the industry: 88.89% of the companies in the same industry are doing better.
TRZ has a debt to FCF ratio of 26.00. This is a negative value and a sign of low solvency as TRZ would need 26.00 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 26.00, TRZ is in line with its industry, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 26 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.7
WACC3.89%
2.3 Liquidity
A Current Ratio of 0.76 indicates that TRZ may have some problems paying its short term obligations.
With a Current ratio value of 0.76, TRZ is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.74 indicates that TRZ may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.74, TRZ is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for TRZ have decreased strongly by -36.42% in the last year.
The Revenue has been growing slightly by 3.55% in the past year.
TRZ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.26% yearly.
EPS 1Y (TTM)-36.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%111.76%
Revenue 1Y (TTM)3.55%
Revenue growth 3Y197.42%
Revenue growth 5Y2.26%
Sales Q2Q%5.95%
3.2 Future
TRZ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.21% yearly.
The Revenue is expected to grow by 4.74% on average over the next years.
EPS Next Y10.7%
EPS Next 2Y20.73%
EPS Next 3Y24.21%
EPS Next 5YN/A
Revenue Next Year5.3%
Revenue Next 2Y4.71%
Revenue Next 3Y4.74%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TRZ. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for TRZ. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRZ indicates a somewhat cheap valuation: TRZ is cheaper than 77.78% of the companies listed in the same industry.
TRZ's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TRZ is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.41 | ||
| EV/EBITDA | 5.75 |
4.3 Compensation for Growth
A more expensive valuation may be justified as TRZ's earnings are expected to grow with 24.21% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.73%
EPS Next 3Y24.21%
5. Dividend
5.1 Amount
No dividends for TRZ!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:TRZ (7/11/2025, 7:00:00 PM)
2.82
-0.06 (-2.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners26.26%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap112.77M
Analysts47.27
Price Target3.11 (10.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)61.22%
Min EPS beat(2)9.56%
Max EPS beat(2)112.88%
EPS beat(4)3
Avg EPS beat(4)79.93%
Min EPS beat(4)-93.62%
Max EPS beat(4)290.9%
EPS beat(8)5
Avg EPS beat(8)226.17%
EPS beat(12)8
Avg EPS beat(12)159.39%
EPS beat(16)8
Avg EPS beat(16)115.22%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-0.38%
Max Revenue beat(2)1.08%
Revenue beat(4)2
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-2.87%
Max Revenue beat(4)3.03%
Revenue beat(8)5
Avg Revenue beat(8)0.33%
Revenue beat(12)6
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-1.81%
PT rev (1m)90.63%
PT rev (3m)98.05%
EPS NQ rev (1m)55.69%
EPS NQ rev (3m)55.69%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.25%
Revenue NQ rev (3m)-1.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.03 | ||
| P/FCF | 1.41 | ||
| P/OCF | 0.64 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.75 |
EPS(TTM)-2.21
EYN/A
EPS(NY)-1.93
Fwd EYN/A
FCF(TTM)2
FCFY70.77%
OCF(TTM)4.43
OCFY157.11%
SpS84.66
BVpS-25.85
TBVpS-26.17
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.09% | ||
| ROE | N/A | ||
| ROCE | 3.78% | ||
| ROIC | 2.72% | ||
| ROICexc | 4.89% | ||
| ROICexgc | 4.99% | ||
| OM | 1.34% | ||
| PM (TTM) | N/A | ||
| GM | 49.13% | ||
| FCFM | 2.36% |
ROA(3y)-8.25%
ROA(5y)-13.98%
ROE(3y)N/A
ROE(5y)N/A
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 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 3Y41.13%
GM growth 5Y0.74%
F-Score2
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 26 | ||
| Debt/EBITDA | 6.66 | ||
| Cap/Depr | 40.14% | ||
| Cap/Sales | 2.88% | ||
| Interest Coverage | 0.41 | ||
| Cash Conversion | 61.51% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 0.48 |
F-Score2
WACC3.89%
ROIC/WACC0.7
Cap/Depr(3y)38.18%
Cap/Depr(5y)29.63%
Cap/Sales(3y)2.7%
Cap/Sales(5y)3.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-36.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%111.76%
EPS Next Y10.7%
EPS Next 2Y20.73%
EPS Next 3Y24.21%
EPS Next 5YN/A
Revenue 1Y (TTM)3.55%
Revenue growth 3Y197.42%
Revenue growth 5Y2.26%
Sales Q2Q%5.95%
Revenue Next Year5.3%
Revenue Next 2Y4.71%
Revenue Next 3Y4.74%
Revenue Next 5YN/A
EBIT growth 1Y15.71%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year503.88%
EBIT Next 3Y102.67%
EBIT Next 5YN/A
FCF growth 1Y-64.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-32.6%
OCF growth 3YN/A
OCF growth 5Y-15.21%