88.52 USD
-1.81 (-2%)
88.52 USD
0 (0%)
Overall ALGT gets a fundamental rating of 4 out of 10. We evaluated ALGT against 22 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ALGT was profitable.
- ALGT had a positive operating cash flow in the past year.
- 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
- Looking at the Return On Assets, with a value of -6.69%, ALGT is doing worse than 63.64% of the companies in the same industry.
- ALGT has a Return On Equity (-28.93%) which is comparable to the rest of the industry.
- The Return On Invested Capital of ALGT (3.51%) is comparable to the rest of the industry.
- ALGT had an Average Return On Invested Capital over the past 3 years of 3.54%. This is significantly below the industry average of 20.56%.
| 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
- With a decent Operating Margin value of 5.99%, ALGT is doing good in the industry, outperforming 68.18% of the companies in the same industry.
- In the last couple of years the Operating Margin of ALGT has declined.
- With an excellent Gross Margin value of 68.89%, ALGT belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
- ALGT's Gross Margin has been stable in the last couple of years.
| 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
- ALGT has an Altman-Z score of 1.28. This is a bad value and indicates that ALGT is not financially healthy and even has some risk of bankruptcy.
- ALGT's Altman-Z score of 1.28 is fine compared to the rest of the industry. ALGT outperforms 63.64% of its industry peers.
- ALGT has a debt to FCF ratio of 235.43. This is a negative value and a sign of low solvency as ALGT would need 235.43 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 235.43, ALGT is in line with its industry, outperforming 59.09% of the companies in the same 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 235.43 | ||
| Altman-Z | 1.28 |
ROIC/WACC0.41
WACC8.61%
2.3 Liquidity
- ALGT has a Current 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 has a better Current ratio (0.98) than 90.91% 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.
- With an excellent Quick ratio value of 0.95, ALGT belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
| 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.
- ALGT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -30.09% yearly.
- 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
- Based on estimates for the next years, ALGT will show a very strong growth in Earnings Per Share. The EPS will grow by 54.23% on average per year.
- Based on estimates for the next years, ALGT will show a small growth in Revenue. The Revenue will grow by 4.86% on average per year.
EPS Next Y19.09%
EPS Next 2Y62.78%
EPS Next 3Y54.23%
EPS Next 5YN/A
Revenue Next Year3.08%
Revenue Next 2Y2.9%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 29.02, the valuation of ALGT can be described as expensive.
- Based on the Price/Earnings ratio, ALGT is valued a bit cheaper than 63.64% of the companies in the same industry.
- ALGT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.21.
- With a Price/Forward Earnings ratio of 13.81, ALGT is valued correctly.
- The rest of the industry has a similar Price/Forward Earnings ratio as ALGT.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. ALGT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.02 | ||
| Fwd PE | 13.81 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALGT indicates a rather cheap valuation: ALGT is cheaper than 90.91% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALGT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 185.55 | ||
| EV/EBITDA | 5.15 |
4.3 Compensation for Growth
- ALGT's 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)1.52
PEG (5Y)N/A
EPS Next 2Y62.78%
EPS Next 3Y54.23%
5. Dividend
5.1 Amount
- ALGT has a Yearly Dividend Yield of 3.45%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.86, ALGT pays a better dividend. On top of this ALGT pays more dividend than 90.91% of the companies listed in the same industry.
- ALGT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| 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
- 0.00% of the earnings are spent on dividend by ALGT. This is a low number and sustainable payout ratio.
DP0%
EPS Next 2Y62.78%
EPS Next 3Y54.23%
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%.