88.01 USD
+2.74 (+3.21%)
88.01 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. 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
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's Return On Equity of -28.93% is in line compared to the rest of the industry. ALGT outperforms 50.00% of its industry peers.
ALGT's Return On Invested Capital of 3.51% is fine compared to the rest of the industry. ALGT outperforms 63.64% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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
Looking at the Operating Margin, with a value of 5.99%, ALGT is in the better half of 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.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
Compared to 1 year ago, ALGT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.28, we must say that ALGT is in the distress zone and has some risk of bankruptcy.
ALGT has a Altman-Z score of 1.28. This is in the better half of the industry: ALGT outperforms 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 of 235.43. This is comparable to the rest of the industry: ALGT outperforms 59.09% of its industry peers.
ALGT has a Debt/Equity ratio of 1.76. This is a high value indicating a heavy dependency on external 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/WACC0.42
WACC8.41%
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 90.91% 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.
Looking at the Quick ratio, with a value of 0.95, ALGT belongs to the top 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
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.
The Revenue has been growing slightly by 3.29% in the past year.
Measured over the past years, ALGT shows a small growth in Revenue. The Revenue has been growing by 6.42% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
ALGT is valuated quite expensively with a Price/Earnings ratio of 28.86.
Compared to the rest of the industry, the Price/Earnings ratio of ALGT indicates a somewhat cheap valuation: ALGT is cheaper than 63.64% of the companies listed in the same industry.
ALGT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.73 indicates a correct valuation of ALGT.
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.
The average S&P500 Price/Forward Earnings ratio is at 23.23. ALGT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.86 | ||
| Fwd PE | 13.73 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALGT is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
ALGT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 184.48 | ||
| EV/EBITDA | 5.05 |
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)1.51
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.
Compared to an average industry Dividend Yield of 0.88, 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 1.94.
| 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 2Y62.78%
EPS Next 3Y54.23%
88.01
+2.74 (+3.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners101.16%
Inst Owner Change0%
Ins Owners21.09%
Ins Owner Change-0.6%
Market Cap1.61B
Revenue(TTM)2.58B
Net Income(TTM)-293.71M
Analysts70.53
Price Target80.77 (-8.23%)
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)13.86%
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 | 28.86 | ||
| Fwd PE | 13.73 | ||
| P/S | 0.63 | ||
| P/FCF | 184.48 | ||
| P/OCF | 4.45 | ||
| P/B | 1.59 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | 5.05 |
EPS(TTM)3.05
EY3.47%
EPS(NY)6.41
Fwd EY7.29%
FCF(TTM)0.48
FCFY0.54%
OCF(TTM)19.77
OCFY22.46%
SpS140.8
BVpS55.45
TBVpS55.45
PEG (NY)1.51
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 | 1.28 |
F-Score6
WACC8.41%
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 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 5 / 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%.