85.86 USD
+1.7 (+2.02%)
86 USD
+0.14 (+0.16%)
Taking everything into account, ALGT scores 4 out of 10 in our fundamental rating. ALGT was compared to 21 industry peers in the Passenger Airlines industry. While ALGT is still in line with the averages on profitability rating, there are concerns on its financial health. ALGT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ALGT had positive earnings in the past year.
In the past year ALGT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ALGT reported negative net income in multiple years.
ALGT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ALGT's Return On Assets of -6.69% is on the low side compared to the rest of the industry. ALGT is outperformed by 66.67% of its industry peers.
The Return On Equity of ALGT (-28.93%) is comparable to the rest of the industry.
ALGT's Return On Invested Capital of 3.51% is fine compared to the rest of the industry. ALGT outperforms 61.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALGT is below the industry average of 8.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.69% | ||
| ROE | -28.93% | ||
| ROIC | 3.51% |
ROA(3y)-1.02%
ROA(5y)-0.99%
ROE(3y)-4.46%
ROE(5y)-5.5%
ROIC(3y)3.54%
ROIC(5y)N/A
1.3 Margins
ALGT's Operating Margin of 5.99% is fine compared to the rest of the industry. ALGT outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of ALGT has declined.
The Gross Margin of ALGT (68.89%) is better than 85.71% of its industry peers.
In the last couple of years the Gross Margin of ALGT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.99% | ||
| PM (TTM) | N/A | ||
| GM | 68.89% |
OM growth 3Y5.16%
OM growth 5Y-23.74%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.14%
GM growth 5Y-0.76%
2. Health
2.1 Basic Checks
ALGT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ALGT has more shares outstanding
Compared to 5 years ago, ALGT has more shares outstanding
Compared to 1 year ago, ALGT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.27, we must say that ALGT is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.27, ALGT is doing good in the industry, outperforming 61.90% of the companies in the same industry.
The Debt to FCF ratio of ALGT is 235.43, which is on the high side as it means it would take ALGT, 235.43 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ALGT (235.43) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.76 is on the high side and indicates that ALGT has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.76, ALGT is in line with its industry, outperforming 52.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 235.43 | ||
| Altman-Z | 1.27 |
ROIC/WACC0.42
WACC8.28%
2.3 Liquidity
A Current Ratio of 0.98 indicates that ALGT may have some problems paying its short term obligations.
ALGT has a better Current ratio (0.98) than 90.48% of its industry peers.
ALGT has a Quick Ratio of 0.98. This is a bad value and indicates that ALGT is not financially healthy enough and could expect problems in meeting its short term obligations.
ALGT's Quick ratio of 0.95 is amongst the best of the industry. ALGT outperforms 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 609.30% over the past year.
Measured over the past years, ALGT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -30.09% on average per year.
Looking at the last year, ALGT shows a small growth in Revenue. The Revenue has grown by 3.29% in the last year.
The Revenue has been growing slightly by 6.42% on average over the past years.
EPS 1Y (TTM)609.3%
EPS 3Y12.05%
EPS 5Y-30.09%
EPS Q2Q%-3.47%
Revenue 1Y (TTM)3.29%
Revenue growth 3Y13.73%
Revenue growth 5Y6.42%
Sales Q2Q%-0.05%
3.2 Future
ALGT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 53.67% yearly.
ALGT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.82% yearly.
EPS Next Y20.59%
EPS Next 2Y62.2%
EPS Next 3Y53.67%
EPS Next 5YN/A
Revenue Next Year3.4%
Revenue Next 2Y2.77%
Revenue Next 3Y4.82%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 28.15 indicates a quite expensive valuation of ALGT.
61.90% of the companies in the same industry are more expensive than ALGT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ALGT to the average of the S&P500 Index (26.56), we can say ALGT is valued inline with the index average.
The Price/Forward Earnings ratio is 13.49, which indicates a correct valuation of ALGT.
Based on the Price/Forward Earnings ratio, ALGT is valued a bit cheaper than 61.90% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, ALGT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.15 | ||
| Fwd PE | 13.49 |
4.2 Price Multiples
85.71% of the companies in the same industry are more expensive than ALGT, based on the Enterprise Value to EBITDA ratio.
ALGT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 179.98 | ||
| EV/EBITDA | 4.95 |
4.3 Compensation for Growth
ALGT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ALGT's earnings are expected to grow with 53.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.37
PEG (5Y)N/A
EPS Next 2Y62.2%
EPS Next 3Y53.67%
5. Dividend
5.1 Amount
ALGT has a Yearly Dividend Yield of 3.45%.
ALGT's Dividend Yield is rather good when compared to the industry average which is at 0.81. ALGT pays more dividend than 95.24% of the companies in the same industry.
ALGT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of ALGT decreases each year by -15.68%.
ALGT has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ALGT decreased recently.
Dividend Growth(5Y)-15.68%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
0.00% of the earnings are spent on dividend by ALGT. This is a low number and sustainable payout ratio.
DP0%
EPS Next 2Y62.2%
EPS Next 3Y53.67%
85.86
+1.7 (+2.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners101.59%
Inst Owner Change3.94%
Ins Owners21.09%
Ins Owner Change-0.6%
Market Cap1.57B
Revenue(TTM)2.58B
Net Income(TTM)-293.71M
Analysts70.53
Price Target72.51 (-15.55%)
Short Float %13.04%
Short Ratio5.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend1.2
Dividend Growth(5Y)-15.68%
DP0%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.19%
Min EPS beat(2)-12.77%
Max EPS beat(2)59.16%
EPS beat(4)3
Avg EPS beat(4)15.07%
Min EPS beat(4)-12.77%
Max EPS beat(4)59.16%
EPS beat(8)6
Avg EPS beat(8)43.25%
EPS beat(12)10
Avg EPS beat(12)62.14%
EPS beat(16)11
Avg EPS beat(16)39.97%
Revenue beat(2)0
Avg Revenue beat(2)-2.74%
Min Revenue beat(2)-4.25%
Max Revenue beat(2)-1.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.36%
Min Revenue beat(4)-4.25%
Max Revenue beat(4)-1.23%
Revenue beat(8)1
Avg Revenue beat(8)-1.49%
Revenue beat(12)4
Avg Revenue beat(12)-0.85%
Revenue beat(16)5
Avg Revenue beat(16)-0.73%
PT rev (1m)4.67%
PT rev (3m)15.67%
EPS NQ rev (1m)5.4%
EPS NQ rev (3m)40.02%
EPS NY rev (1m)7.61%
EPS NY rev (3m)25.49%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.38%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.15 | ||
| Fwd PE | 13.49 | ||
| P/S | 0.61 | ||
| P/FCF | 179.98 | ||
| P/OCF | 4.34 | ||
| P/B | 1.55 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 4.95 |
EPS(TTM)3.05
EY3.55%
EPS(NY)6.37
Fwd EY7.42%
FCF(TTM)0.48
FCFY0.56%
OCF(TTM)19.77
OCFY23.03%
SpS140.8
BVpS55.45
TBVpS55.45
PEG (NY)1.37
PEG (5Y)N/A
Graham Number61.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.69% | ||
| ROE | -28.93% | ||
| ROCE | 4.75% | ||
| ROIC | 3.51% | ||
| ROICexc | 4.97% | ||
| ROICexgc | 4.97% | ||
| OM | 5.99% | ||
| PM (TTM) | N/A | ||
| GM | 68.89% | ||
| FCFM | 0.34% |
ROA(3y)-1.02%
ROA(5y)-0.99%
ROE(3y)-4.46%
ROE(5y)-5.5%
ROIC(3y)3.54%
ROIC(5y)N/A
ROICexc(3y)4.65%
ROICexc(5y)N/A
ROICexgc(3y)4.65%
ROICexgc(5y)N/A
ROCE(3y)4.79%
ROCE(5y)N/A
ROICexgc growth 3Y15.68%
ROICexgc growth 5Y-22.03%
ROICexc growth 3Y15.68%
ROICexc growth 5Y-22.03%
OM growth 3Y5.16%
OM growth 5Y-23.74%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.14%
GM growth 5Y-0.76%
F-Score6
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 235.43 | ||
| Debt/EBITDA | 4.35 | ||
| Cap/Depr | 138.03% | ||
| Cap/Sales | 13.7% | ||
| Interest Coverage | 1.27 | ||
| Cash Conversion | 88.24% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 1.27 |
F-Score6
WACC8.28%
ROIC/WACC0.42
Cap/Depr(3y)191.04%
Cap/Depr(5y)174.75%
Cap/Sales(3y)17.29%
Cap/Sales(5y)19.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)609.3%
EPS 3Y12.05%
EPS 5Y-30.09%
EPS Q2Q%-3.47%
EPS Next Y20.59%
EPS Next 2Y62.2%
EPS Next 3Y53.67%
EPS Next 5YN/A
Revenue 1Y (TTM)3.29%
Revenue growth 3Y13.73%
Revenue growth 5Y6.42%
Sales Q2Q%-0.05%
Revenue Next Year3.4%
Revenue Next 2Y2.77%
Revenue Next 3Y4.82%
Revenue Next 5YN/A
EBIT growth 1Y84.95%
EBIT growth 3Y19.61%
EBIT growth 5Y-18.84%
EBIT Next Year215.03%
EBIT Next 3Y65.99%
EBIT Next 5YN/A
FCF growth 1Y110.15%
FCF growth 3Y-48.64%
FCF growth 5YN/A
OCF growth 1Y-19.7%
OCF growth 3Y-14.33%
OCF growth 5Y-5.21%
ALLEGIANT TRAVEL CO / ALGT FAQ
Can you provide the ChartMill fundamental rating for ALLEGIANT TRAVEL CO?
ChartMill assigns a fundamental rating of 4 / 10 to ALGT.
What is the valuation status of ALLEGIANT TRAVEL CO (ALGT) stock?
ChartMill assigns a valuation rating of 5 / 10 to ALLEGIANT TRAVEL CO (ALGT). This can be considered as Fairly Valued.
What is the profitability of ALGT stock?
ALLEGIANT TRAVEL CO (ALGT) has a profitability rating of 4 / 10.
Can you provide the financial health for ALGT stock?
The financial health rating of ALLEGIANT TRAVEL CO (ALGT) is 3 / 10.
How sustainable is the dividend of ALLEGIANT TRAVEL CO (ALGT) stock?
The dividend rating of ALLEGIANT TRAVEL CO (ALGT) is 5 / 10 and the dividend payout ratio is 0%.