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CONTROLADORA VUELA CIA-ADR (VLRS) Stock Fundamental Analysis

USA - NYSE:VLRS - US21240E1055 - ADR

6.1 USD
+0.06 (+0.99%)
Last: 9/15/2025, 2:18:52 PM
Fundamental Rating

3

Overall VLRS gets a fundamental rating of 3 out of 10. We evaluated VLRS against 21 industry peers in the Passenger Airlines industry. While VLRS is still in line with the averages on profitability rating, there are concerns on its financial health. VLRS is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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4

1. Profitability

1.1 Basic Checks

VLRS had negative earnings in the past year.
In the past year VLRS had a positive cash flow from operations.
In multiple years VLRS reported negative net income over the last 5 years.
VLRS had a positive operating cash flow in each of the past 5 years.
VLRS Yearly Net Income VS EBIT VS OCF VS FCFVLRS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

1.2 Ratios

VLRS's Return On Assets of -0.57% is in line compared to the rest of the industry. VLRS outperforms 47.62% of its industry peers.
With a Return On Equity value of -12.51%, VLRS perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
VLRS has a Return On Invested Capital of 3.97%. This is comparable to the rest of the industry: VLRS outperforms 52.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VLRS is significantly below the industry average of 14.49%.
The last Return On Invested Capital (3.97%) for VLRS is above the 3 year average (3.79%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.57%
ROE -12.51%
ROIC 3.97%
ROA(3y)0.19%
ROA(5y)-0.55%
ROE(3y)1.23%
ROE(5y)-21.78%
ROIC(3y)3.79%
ROIC(5y)N/A
VLRS Yearly ROA, ROE, ROICVLRS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

1.3 Margins

In the last couple of years the Profit Margin of VLRS has declined.
VLRS has a better Operating Margin (6.98%) than 66.67% of its industry peers.
VLRS's Operating Margin has been stable in the last couple of years.
The Gross Margin of VLRS (50.34%) is comparable to the rest of the industry.
VLRS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.98%
PM (TTM) N/A
GM 50.34%
OM growth 3Y-11.8%
OM growth 5Y0.58%
PM growth 3Y-5.97%
PM growth 5Y-11.94%
GM growth 3Y-1.52%
GM growth 5Y1.55%
VLRS Yearly Profit, Operating, Gross MarginsVLRS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VLRS is destroying value.
Compared to 1 year ago, VLRS has about the same amount of shares outstanding.
Compared to 5 years ago, VLRS has more shares outstanding
Compared to 1 year ago, VLRS has an improved debt to assets ratio.
VLRS Yearly Shares OutstandingVLRS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
VLRS Yearly Total Debt VS Total AssetsVLRS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

VLRS has an Altman-Z score of 0.58. This is a bad value and indicates that VLRS is not financially healthy and even has some risk of bankruptcy.
VLRS has a Altman-Z score (0.58) which is comparable to the rest of the industry.
VLRS has a debt to FCF ratio of 9.01. This is a negative value and a sign of low solvency as VLRS would need 9.01 years to pay back of all of its debts.
VLRS has a better Debt to FCF ratio (9.01) than 71.43% of its industry peers.
A Debt/Equity ratio of 12.11 is on the high side and indicates that VLRS has dependencies on debt financing.
VLRS's Debt to Equity ratio of 12.11 is on the low side compared to the rest of the industry. VLRS is outperformed by 61.90% of its industry peers.
Industry RankSector Rank
Debt/Equity 12.11
Debt/FCF 9.01
Altman-Z 0.58
ROIC/WACC0.94
WACC4.24%
VLRS Yearly LT Debt VS Equity VS FCFVLRS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

VLRS has a Current Ratio of 0.69. This is a bad value and indicates that VLRS is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.69, VLRS is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 0.68 indicates that VLRS may have some problems paying its short term obligations.
VLRS has a Quick ratio of 0.68. This is amongst the best in the industry. VLRS outperforms 80.95% of its industry peers.
Industry RankSector Rank
Current Ratio 0.69
Quick Ratio 0.68
VLRS Yearly Current Assets VS Current LiabilitesVLRS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

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4

3. Growth

3.1 Past

The earnings per share for VLRS have decreased strongly by -121.82% in the last year.
Measured over the past years, VLRS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -46.88% on average per year.
The Revenue has decreased by -6.83% in the past year.
VLRS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.14% yearly.
EPS 1Y (TTM)-121.82%
EPS 3Y-60.76%
EPS 5Y-46.88%
EPS Q2Q%-640%
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y12.61%
Revenue growth 5Y10.14%
Sales Q2Q%-4.53%

3.2 Future

VLRS is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -27.40% yearly.
Based on estimates for the next years, VLRS will show a quite strong growth in Revenue. The Revenue will grow by 10.03% on average per year.
EPS Next Y-28.53%
EPS Next 2Y-46.36%
EPS Next 3Y-27.4%
EPS Next 5YN/A
Revenue Next Year-3.82%
Revenue Next 2Y4.07%
Revenue Next 3Y7.62%
Revenue Next 5Y10.03%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
VLRS Yearly Revenue VS EstimatesVLRS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B 20B 25B
VLRS Yearly EPS VS EstimatesVLRS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 20 -20 -40

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2

4. Valuation

4.1 Price/Earnings Ratio

VLRS 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 VLRS. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
VLRS Price Earnings VS Forward Price EarningsVLRS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

VLRS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VLRS is cheaper than 90.48% of the companies in the same industry.
VLRS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VLRS is cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1.66
EV/EBITDA 4.39
VLRS Per share dataVLRS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

VLRS's earnings are expected to decrease with -27.40% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-46.36%
EPS Next 3Y-27.4%

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0

5. Dividend

5.1 Amount

No dividends for VLRS!.
Industry RankSector Rank
Dividend Yield N/A

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CONTROLADORA VUELA CIA-ADR

NYSE:VLRS (9/15/2025, 2:18:52 PM)

6.1

+0.06 (+0.99%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)07-21 2025-07-21/amc
Earnings (Next)09-15 2025-09-15
Inst Owners13.48%
Inst Owner Change-10.95%
Ins Owners1.1%
Ins Owner ChangeN/A
Market Cap700.89M
Analysts80
Price Target6.77 (10.98%)
Short Float %3.63%
Short Ratio4.59
Dividend
Industry RankSector 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)26.16%
Min EPS beat(2)22.28%
Max EPS beat(2)30.03%
EPS beat(4)3
Avg EPS beat(4)33.99%
Min EPS beat(4)-10.88%
Max EPS beat(4)94.52%
EPS beat(8)6
Avg EPS beat(8)62.08%
EPS beat(12)8
Avg EPS beat(12)89.13%
EPS beat(16)8
Avg EPS beat(16)55.59%
Revenue beat(2)1
Avg Revenue beat(2)1.3%
Min Revenue beat(2)-0.98%
Max Revenue beat(2)3.58%
Revenue beat(4)3
Avg Revenue beat(4)0.95%
Min Revenue beat(4)-0.98%
Max Revenue beat(4)3.58%
Revenue beat(8)5
Avg Revenue beat(8)1.34%
Revenue beat(12)6
Avg Revenue beat(12)12.86%
Revenue beat(16)6
Avg Revenue beat(16)-2.49%
PT rev (1m)-31.69%
PT rev (3m)27%
EPS NQ rev (1m)57.74%
EPS NQ rev (3m)-110.34%
EPS NY rev (1m)-80.84%
EPS NY rev (3m)-80.83%
Revenue NQ rev (1m)-1.13%
Revenue NQ rev (3m)-4.77%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)-5.65%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.23
P/FCF 1.66
P/OCF 0.84
P/B 2.76
P/tB 3.08
EV/EBITDA 4.39
EPS(TTM)-0.24
EYN/A
EPS(NY)-0.16
Fwd EYN/A
FCF(TTM)3.67
FCFY60.16%
OCF(TTM)7.26
OCFY119%
SpS26.28
BVpS2.21
TBVpS1.98
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.57%
ROE -12.51%
ROCE 5.74%
ROIC 3.97%
ROICexc 5.06%
ROICexgc 5.1%
OM 6.98%
PM (TTM) N/A
GM 50.34%
FCFM 13.97%
ROA(3y)0.19%
ROA(5y)-0.55%
ROE(3y)1.23%
ROE(5y)-21.78%
ROIC(3y)3.79%
ROIC(5y)N/A
ROICexc(3y)4.94%
ROICexc(5y)N/A
ROICexgc(3y)4.97%
ROICexgc(5y)N/A
ROCE(3y)5.48%
ROCE(5y)N/A
ROICexcg growth 3Y-13.17%
ROICexcg growth 5Y2.15%
ROICexc growth 3Y-13.24%
ROICexc growth 5Y2.06%
OM growth 3Y-11.8%
OM growth 5Y0.58%
PM growth 3Y-5.97%
PM growth 5Y-11.94%
GM growth 3Y-1.52%
GM growth 5Y1.55%
F-Score3
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 12.11
Debt/FCF 9.01
Debt/EBITDA 3.67
Cap/Depr 65.61%
Cap/Sales 13.66%
Interest Coverage 3.22
Cash Conversion 99.36%
Profit Quality N/A
Current Ratio 0.69
Quick Ratio 0.68
Altman-Z 0.58
F-Score3
WACC4.24%
ROIC/WACC0.94
Cap/Depr(3y)94.98%
Cap/Depr(5y)80.78%
Cap/Sales(3y)15.54%
Cap/Sales(5y)14.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-121.82%
EPS 3Y-60.76%
EPS 5Y-46.88%
EPS Q2Q%-640%
EPS Next Y-28.53%
EPS Next 2Y-46.36%
EPS Next 3Y-27.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y12.61%
Revenue growth 5Y10.14%
Sales Q2Q%-4.53%
Revenue Next Year-3.82%
Revenue Next 2Y4.07%
Revenue Next 3Y7.62%
Revenue Next 5Y10.03%
EBIT growth 1Y-43.47%
EBIT growth 3Y-0.68%
EBIT growth 5Y10.78%
EBIT Next Year102.97%
EBIT Next 3Y40.21%
EBIT Next 5Y33.34%
FCF growth 1Y110.83%
FCF growth 3Y-6.02%
FCF growth 5Y9.48%
OCF growth 1Y33.03%
OCF growth 3Y11.54%
OCF growth 5Y17%