ALLEGIANT TRAVEL CO (ALGT)
US01748X1028 - Common Stock
Overall ALGT gets a fundamental rating of 3 out of 10. We evaluated ALGT against 24 industry peers in the Passenger Airlines industry. There are concerns on the financial health of ALGT while its profitability can be described as average. While showing a medium growth rate, ALGT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year ALGT was profitable.
ALGT had a positive operating cash flow in the past year.
ALGT had positive earnings in 4 of the past 5 years.
In the past 5 years ALGT always reported a positive cash flow from operatings.
1.2 Ratios
ALGT has a Return On Assets (-0.55%) which is in line with its industry peers.
ALGT's Return On Equity of -2.03% is in line compared to the rest of the industry. ALGT outperforms 54.17% of its industry peers.
With a Return On Invested Capital value of 1.45%, ALGT perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
ALGT had an Average Return On Invested Capital over the past 3 years of 2.59%. This is significantly below the industry average of 9.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.55% | ||
| ROE | -2.03% | ||
| ROIC | 1.45% |
ROA(3y)2.04%
ROA(5y)1.61%
ROE(3y)6.99%
ROE(5y)4.1%
ROIC(3y)2.59%
ROIC(5y)N/A
1.3 Margins
ALGT's Profit Margin has declined in the last couple of years.
ALGT's Operating Margin of 3.34% is in line compared to the rest of the industry. ALGT outperforms 54.17% of its industry peers.
ALGT's Operating Margin has declined in the last couple of years.
ALGT has a better Gross Margin (67.65%) than 87.50% 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 | 3.34% | ||
| PM (TTM) | N/A | ||
| GM | 67.65% |
OM growth 3YN/A
OM growth 5Y-7.39%
PM growth 3YN/A
PM growth 5Y-13.95%
GM growth 3Y-1.84%
GM growth 5Y-0.28%
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
ALGT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ALGT has remained at the same level compared to a year ago.
2.2 Solvency
ALGT has an Altman-Z score of 1.10. This is a bad value and indicates that ALGT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ALGT (1.10) is comparable to the rest of the industry.
ALGT has a Debt/Equity ratio of 1.36. This is a high value indicating a heavy dependency on external financing.
ALGT has a Debt to Equity ratio (1.36) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.1 |
ROIC/WACC0.22
WACC6.73%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ALGT may have some problems paying its short term obligations.
ALGT has a Current ratio (0.75) which is in line with its industry peers.
ALGT has a Quick Ratio of 0.75. 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 0.72 is fine compared to the rest of the industry. ALGT outperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for ALGT have decreased strongly by -95.96% in the last year.
Measured over the past years, ALGT shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.40% on average per year.
ALGT shows a decrease in Revenue. In the last year, the revenue decreased by -0.58%.
Measured over the past years, ALGT shows a quite strong growth in Revenue. The Revenue has been growing by 8.52% on average per year.
EPS 1Y (TTM)-95.96%
EPS 3YN/A
EPS 5Y-5.4%
EPS Q2Q%-2344.44%
Revenue 1Y (TTM)-0.58%
Revenue growth 3Y36.35%
Revenue growth 5Y8.52%
Sales Q2Q%-0.56%
3.2 Future
The Earnings Per Share is expected to grow by 4.57% on average over the next years.
ALGT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.51% yearly.
EPS Next Y-90.82%
EPS Next 2Y-11.79%
EPS Next 3Y4.57%
EPS Next 5YN/A
Revenue Next Year-0.43%
Revenue Next 2Y5.23%
Revenue Next 3Y7.51%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 183.93, ALGT can be considered very expensive at the moment.
ALGT's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of ALGT to the average of the S&P500 Index (29.20), we can say ALGT is valued expensively.
The Price/Forward Earnings ratio is 13.39, which indicates a correct valuation of ALGT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALGT is on the same level as its industry peers.
ALGT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 183.93 | ||
| Fwd PE | 13.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALGT is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.9 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.79%
EPS Next 3Y4.57%
5. Dividend
5.1 Amount
ALGT has a Yearly Dividend Yield of 3.15%.
Compared to an average industry Dividend Yield of 7.84, ALGT pays a better dividend. On top of this ALGT pays more dividend than 91.67% of the companies listed in the same industry.
ALGT's Dividend Yield is a higher than the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
5.2 History
The dividend of ALGT decreases each year by -15.33%.
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)-15.33%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ALGT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-125.11%
EPS Next 2Y-11.79%
EPS Next 3Y4.57%
ALLEGIANT TRAVEL CO
NASDAQ:ALGT (11/22/2024, 6:12:56 PM)
After market: 79.09 0 (0%)79.09
+3.92 (+5.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.45B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 183.93 | ||
| Fwd PE | 13.39 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.55% | ||
| ROE | -2.03% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.34% | ||
| PM (TTM) | N/A | ||
| GM | 67.65% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-95.96%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-90.82%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.58%
Revenue growth 3Y36.35%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y