94.97 USD
+2.5 (+2.7%)
94.97 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ALGT. ALGT was compared to 22 industry peers in the Passenger Airlines industry. There are concerns on the financial health of ALGT while its profitability can be described as average. ALGT is not valued too expensively and it also shows a decent 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.
In multiple years ALGT reported negative net income over the last 5 years.
Each year in the past 5 years ALGT had a positive operating cash flow.
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 63.64% of its industry peers.
ALGT has a Return On Equity of -28.93%. This is comparable to the rest of the industry: ALGT outperforms 50.00% of its industry peers.
ALGT has a better Return On Invested Capital (3.51%) than 63.64% of its industry peers.
ALGT had an Average Return On Invested Capital over the past 3 years of 3.54%. This 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
The Operating Margin of ALGT (5.99%) is better than 68.18% of its industry peers.
In the last couple of years the Operating Margin of ALGT has declined.
Looking at the Gross Margin, with a value of 68.89%, ALGT belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALGT is destroying value.
The number of shares outstanding for ALGT has been increased compared to 1 year ago.
ALGT has more shares outstanding than it did 5 years ago.
ALGT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.30, we must say that ALGT is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ALGT (1.30) is better than 63.64% of its industry peers.
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.
ALGT has a Debt to FCF ratio (235.43) which 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.
ALGT has a Debt to Equity ratio (1.76) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 235.43 | ||
| Altman-Z | 1.3 |
ROIC/WACC0.41
WACC8.47%
2.3 Liquidity
A Current Ratio of 0.98 indicates that ALGT may have some problems paying its short term obligations.
With an excellent Current ratio value of 0.98, ALGT belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
A Quick Ratio of 0.95 indicates that ALGT may have some problems paying its short term obligations.
ALGT's Quick ratio of 0.95 is amongst the best of the industry. ALGT outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
ALGT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 609.30%, which is quite impressive.
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.
ALGT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.42% yearly.
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
The Earnings Per Share is expected to grow by 54.23% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.86% on average over the next years.
EPS Next Y19.09%
EPS Next 2Y62.78%
EPS Next 3Y54.23%
EPS Next 5YN/A
Revenue Next Year3.12%
Revenue Next 2Y2.79%
Revenue Next 3Y4.86%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 31.14, which means the current valuation is very expensive for ALGT.
63.64% of the companies in the same industry are more expensive than ALGT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.19, ALGT is valued at the same level.
ALGT is valuated correctly with a Price/Forward Earnings ratio of 14.81.
Based on the Price/Forward Earnings ratio, ALGT is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
ALGT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.14 | ||
| Fwd PE | 14.81 |
4.2 Price Multiples
ALGT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ALGT is cheaper than 77.27% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ALGT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 199.07 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as ALGT's earnings are expected to grow with 54.23% in the coming years.
PEG (NY)1.63
PEG (5Y)N/A
EPS Next 2Y62.78%
EPS Next 3Y54.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.45%, ALGT has a reasonable but not impressive dividend return.
ALGT's Dividend Yield is rather good when compared to the industry average which is at 0.85. ALGT pays more dividend than 90.91% of the companies in the same industry.
ALGT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| 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.
ALGT has decreased its dividend recently.
Dividend Growth(5Y)-15.68%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ALGT pays out 0.00% of its income as dividend. This is a sustainable payout ratio.
DP0%
EPS Next 2Y62.78%
EPS Next 3Y54.23%
94.97
+2.5 (+2.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners101.16%
Inst Owner Change-0.01%
Ins Owners21.09%
Ins Owner Change-0.6%
Market Cap1.74B
Revenue(TTM)2.58B
Net Income(TTM)-293.71M
Analysts71.58
Price Target80.77 (-14.95%)
Short Float %9.91%
Short Ratio4.41
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)11.39%
PT rev (3m)26.42%
EPS NQ rev (1m)-3.53%
EPS NQ rev (3m)35.57%
EPS NY rev (1m)-1.25%
EPS NY rev (3m)19.66%
Revenue NQ rev (1m)-0.25%
Revenue NQ rev (3m)-0.08%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.14 | ||
| Fwd PE | 14.81 | ||
| P/S | 0.67 | ||
| P/FCF | 199.07 | ||
| P/OCF | 4.8 | ||
| P/B | 1.71 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 5.36 |
EPS(TTM)3.05
EY3.21%
EPS(NY)6.41
Fwd EY6.75%
FCF(TTM)0.48
FCFY0.5%
OCF(TTM)19.77
OCFY20.82%
SpS140.8
BVpS55.45
TBVpS55.45
PEG (NY)1.63
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 | 1.3 |
F-Score6
WACC8.47%
ROIC/WACC0.41
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 Y19.09%
EPS Next 2Y62.78%
EPS Next 3Y54.23%
EPS Next 5YN/A
Revenue 1Y (TTM)3.29%
Revenue growth 3Y13.73%
Revenue growth 5Y6.42%
Sales Q2Q%-0.05%
Revenue Next Year3.12%
Revenue Next 2Y2.79%
Revenue Next 3Y4.86%
Revenue Next 5YN/A
EBIT growth 1Y84.95%
EBIT growth 3Y19.61%
EBIT growth 5Y-18.84%
EBIT Next Year213.8%
EBIT Next 3Y65.83%
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 for ALGT stock?
ChartMill assigns a valuation rating of 4 / 10 to ALLEGIANT TRAVEL CO (ALGT). This can be considered as Fairly Valued.
Can you provide the profitability details for ALLEGIANT TRAVEL CO?
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%.