ALLEGIANT TRAVEL CO (ALGT) Stock Fundamental Analysis
USA - NASDAQ:ALGT - US01748X1028 - Common Stock
65.96 USD
-0.55 (-0.83%)
65.96 USD
0 (0%)
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. ALGT has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
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 has a Return On Assets of -6.69%. This is in the lower half of the industry: ALGT underperforms 66.67% of its industry peers.
The Return On Equity of ALGT (-28.93%) is comparable to the rest of the industry.
ALGT has a Return On Invested Capital of 3.51%. This is comparable to the rest of the industry: ALGT outperforms 57.14% of its industry peers.
ALGT had an Average Return On Invested Capital over the past 3 years of 3.54%. This is significantly below the industry average of 14.21%.
| 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 has a better Operating Margin (5.99%) than 66.67% of its industry peers.
ALGT's Operating Margin has declined in the last couple of years.
ALGT has a Gross Margin of 68.89%. This is amongst the best in the industry. ALGT outperforms 85.71% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALGT is destroying value.
Compared to 1 year ago, ALGT has more shares outstanding
Compared to 5 years ago, ALGT has more shares outstanding
The debt/assets ratio for ALGT is higher compared to a year ago.
2.2 Solvency
ALGT has an Altman-Z score of 1.21. This is a bad value and indicates that ALGT is not financially healthy and even has some risk of bankruptcy.
ALGT has a Altman-Z score of 1.21. This is in the better half of the industry: ALGT outperforms 61.90% 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.
ALGT has a Debt to FCF ratio (235.43) which is in line with its industry peers.
ALGT has a Debt/Equity ratio of 1.76. This is a high value indicating a heavy dependency on external 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 | 1.21 |
ROIC/WACC0.45
WACC7.82%
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.
Looking at the Current ratio, with a value of 0.98, ALGT belongs to the top of the industry, outperforming 90.48% 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 has a better Quick ratio (0.95) than 95.24% 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.
The earnings per share for ALGT have been decreasing by -30.09% on average. This is quite bad
The Revenue has been growing slightly by 3.29% in the past 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 50.84% on average per year.
ALGT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.54% yearly.
EPS Next Y12.07%
EPS Next 2Y58.65%
EPS Next 3Y50.84%
EPS Next 5YN/A
Revenue Next Year3.79%
Revenue Next 2Y4.32%
Revenue Next 3Y5.54%
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
The Price/Earnings ratio is 21.63, which indicates a rather expensive current valuation of ALGT.
Based on the Price/Earnings ratio, ALGT is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.89. ALGT is around the same levels.
With a Price/Forward Earnings ratio of 10.83, the valuation of ALGT can be described as very reasonable.
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 34.59, ALGT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
95.24% of the companies in the same industry are more expensive than ALGT, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as ALGT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 138.57 | ||
| EV/EBITDA | 4.09 |
4.3 Compensation for Growth
The 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 50.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.79
PEG (5Y)N/A
EPS Next 2Y58.65%
EPS Next 3Y50.84%
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 3.01. ALGT pays more dividend than 90.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, ALGT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of ALGT decreases each year by -15.68%.
ALGT has been paying a dividend for at least 10 years, so it has 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 2Y58.65%
EPS Next 3Y50.84%
65.96
-0.55 (-0.83%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners97.01%
Inst Owner Change1.64%
Ins Owners21.11%
Ins Owner Change-0.6%
Market Cap1.21B
Revenue(TTM)2.58B
Net Income(TTM)-293.71M
Analysts70.53
Price Target69.27 (5.02%)
Short Float %15.04%
Short Ratio6.51
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)8.42%
PT rev (3m)11%
EPS NQ rev (1m)4.17%
EPS NQ rev (3m)-21.35%
EPS NY rev (1m)12.61%
EPS NY rev (3m)-5.38%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)-1.93%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 10.83 | ||
| P/S | 0.47 | ||
| P/FCF | 138.57 | ||
| P/OCF | 3.34 | ||
| P/B | 1.19 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 4.09 |
EPS(TTM)3.05
EY4.62%
EPS(NY)6.09
Fwd EY9.23%
FCF(TTM)0.48
FCFY0.72%
OCF(TTM)19.73
OCFY29.91%
SpS140.5
BVpS55.33
TBVpS55.33
PEG (NY)1.79
PEG (5Y)N/A
Graham Number61.62
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 | 1.21 |
F-Score6
WACC7.82%
ROIC/WACC0.45
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 Y12.07%
EPS Next 2Y58.65%
EPS Next 3Y50.84%
EPS Next 5YN/A
Revenue 1Y (TTM)3.29%
Revenue growth 3Y13.73%
Revenue growth 5Y6.42%
Sales Q2Q%-0.05%
Revenue Next Year3.79%
Revenue Next 2Y4.32%
Revenue Next 3Y5.54%
Revenue Next 5YN/A
EBIT growth 1Y84.95%
EBIT growth 3Y19.61%
EBIT growth 5Y-18.84%
EBIT Next Year212.16%
EBIT Next 3Y67.9%
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%.