TRANSAT A.T. INC (TRZ.CA) Stock Fundamental Analysis
TSX:TRZ - CA89351T4019 - Common Stock
2.71 CAD
+0.01 (+0.37%)
We assign a fundamental rating of 2 out of 10 to TRZ. TRZ was compared to 8 industry peers in the Passenger Airlines industry. Both the profitability and financial health of TRZ have multiple concerns. TRZ is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TRZ has reported negative net income.
In the past year TRZ had a positive cash flow from operations.
TRZ had negative earnings in each of the past 5 years.
In multiple years TRZ reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.09%, TRZ is doing worse than 75.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.72%, TRZ is doing worse than 75.00% 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
TRZ's Operating Margin of 1.34% is on the low side compared to the rest of the industry. TRZ is outperformed by 75.00% of its industry peers.
TRZ has a better Gross Margin (49.13%) than 62.50% of its industry peers.
TRZ's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TRZ is destroying value.
Compared to 1 year ago, TRZ has more shares outstanding
TRZ has more shares outstanding than it did 5 years ago.
TRZ has a worse debt/assets ratio than last year.
2.2 Solvency
TRZ has an Altman-Z score of 0.48. This is a bad value and indicates that TRZ is not financially healthy and even has some risk of bankruptcy.
TRZ has a Altman-Z score of 0.48. This is amonst the worse of the industry: TRZ underperforms 87.50% of its industry peers.
The Debt to FCF ratio of TRZ is 26.00, which is on the high side as it means it would take TRZ, 26.00 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 26.00, TRZ is in the better half of the industry, outperforming 62.50% 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.
TRZ has a Current ratio of 0.76. This is in the lower half of the industry: TRZ underperforms 62.50% of its industry peers.
TRZ has a Quick Ratio of 0.76. This is a bad value and indicates that TRZ is not financially healthy enough and could expect problems in meeting its short term obligations.
TRZ has a Quick ratio of 0.74. This is in the better half of the industry: TRZ outperforms 62.50% of its industry peers.
| 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.
The Revenue has been growing slightly by 2.26% on average over the past years.
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 29.75% yearly.
The Revenue is expected to grow by 3.73% on average over the next years.
EPS Next Y58.22%
EPS Next 2Y39.98%
EPS Next 3Y29.75%
EPS Next 5YN/A
Revenue Next Year4.96%
Revenue Next 2Y4.01%
Revenue Next 3Y3.73%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TRZ reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
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
TRZ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TRZ is cheaper than 75.00% of the companies 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 | 1.36 | ||
| EV/EBITDA | 5.73 |
4.3 Compensation for Growth
TRZ's earnings are expected to grow with 29.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.98%
EPS Next 3Y29.75%
5. Dividend
5.1 Amount
TRZ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:TRZ (8/29/2025, 7:00:00 PM)
2.71
+0.01 (+0.37%)
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 Cap108.91M
Analysts47.27
Price Target3.11 (14.76%)
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)0%
PT rev (3m)98.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)56.08%
EPS NY rev (1m)53.22%
EPS NY rev (3m)53.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.03 | ||
| P/FCF | 1.36 | ||
| P/OCF | 0.61 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.73 |
EPS(TTM)-2.21
EYN/A
EPS(NY)-0.14
Fwd EYN/A
FCF(TTM)1.99
FCFY73.27%
OCF(TTM)4.41
OCFY162.67%
SpS84.24
BVpS-25.72
TBVpS-26.04
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 Y58.22%
EPS Next 2Y39.98%
EPS Next 3Y29.75%
EPS Next 5YN/A
Revenue 1Y (TTM)3.55%
Revenue growth 3Y197.42%
Revenue growth 5Y2.26%
Sales Q2Q%5.95%
Revenue Next Year4.96%
Revenue Next 2Y4.01%
Revenue Next 3Y3.73%
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%