22.48 USD
-0.01 (-0.04%)
22.481 USD
0 (0%)
ATSG gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 23 industry peers in the Air Freight & Logistics industry. ATSG has a medium profitability rating, but doesn't score so well on its financial health evaluation. ATSG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- ATSG had positive earnings in the past year.
- In the past year ATSG had a positive cash flow from operations.
- Each year in the past 5 years ATSG has been profitable.
- Each year in the past 5 years ATSG had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.70%, ATSG is in line with its industry, outperforming 52.17% of the companies in the same industry.
- ATSG's Return On Equity of 1.85% is in line compared to the rest of the industry. ATSG outperforms 52.17% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 2.61%, ATSG is in line with its industry, outperforming 47.83% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ATSG is significantly below the industry average of 12.36%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.7% | ||
| ROE | 1.85% | ||
| ROIC | 2.61% |
ROA(3y)2.6%
ROA(5y)3.19%
ROE(3y)6.77%
ROE(5y)8.31%
ROIC(3y)4.14%
ROIC(5y)4.44%
1.3 Margins
- ATSG has a Profit Margin of 1.40%. This is comparable to the rest of the industry: ATSG outperforms 56.52% of its industry peers.
- ATSG's Profit Margin has declined in the last couple of years.
- ATSG has a Operating Margin of 6.94%. This is in the better half of the industry: ATSG outperforms 78.26% of its industry peers.
- ATSG's Operating Margin has declined in the last couple of years.
- The Gross Margin of ATSG (52.60%) is better than 86.96% of its industry peers.
- In the last couple of years the Gross Margin of ATSG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.94% | ||
| PM (TTM) | 1.4% | ||
| GM | 52.6% |
OM growth 3Y-16.89%
OM growth 5Y-10.66%
PM growth 3Y-52.85%
PM growth 5Y-19.8%
GM growth 3Y-1.52%
GM growth 5Y-2.17%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ATSG is destroying value.
- The number of shares outstanding for ATSG has been increased compared to 1 year ago.
- The number of shares outstanding for ATSG has been increased compared to 5 years ago.
- The debt/assets ratio for ATSG has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.21, we must say that ATSG is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.21, ATSG is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
- The Debt to FCF ratio of ATSG is 7.67, which is on the high side as it means it would take ATSG, 7.67 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 7.67, ATSG is doing good in the industry, outperforming 69.57% of the companies in the same industry.
- ATSG has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.04, ATSG is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.67 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.43
WACC6.02%
2.3 Liquidity
- A Current Ratio of 0.98 indicates that ATSG may have some problems paying its short term obligations.
- ATSG has a Current ratio of 0.98. This is in the lower half of the industry: ATSG underperforms 69.57% of its industry peers.
- A Quick Ratio of 0.84 indicates that ATSG may have some problems paying its short term obligations.
- ATSG has a Quick ratio of 0.84. This is in the lower half of the industry: ATSG underperforms 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The earnings per share for ATSG have decreased strongly by -38.46% in the last year.
- Measured over the past years, ATSG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.24% on average per year.
- ATSG shows a decrease in Revenue. In the last year, the revenue decreased by -5.25%.
- Measured over the past years, ATSG shows a small growth in Revenue. The Revenue has been growing by 6.20% on average per year.
EPS 1Y (TTM)-38.46%
EPS 3Y-19.07%
EPS 5Y-10.24%
EPS Q2Q%122.22%
Revenue 1Y (TTM)-5.25%
Revenue growth 3Y4.2%
Revenue growth 5Y6.2%
Sales Q2Q%-0.05%
3.2 Future
- ATSG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.30% yearly.
- The Revenue is expected to grow by 5.55% on average over the next years.
EPS Next Y21.01%
EPS Next 2Y32.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.58%
Revenue Next 2Y4.51%
Revenue Next 3Y7.99%
Revenue Next 5Y5.55%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
- ATSG is valuated quite expensively with a Price/Earnings ratio of 25.55.
- ATSG's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 27.54. ATSG is around the same levels.
- The Price/Forward Earnings ratio is 21.11, which indicates a rather expensive current valuation of ATSG.
- 65.22% of the companies in the same industry are more expensive than ATSG, based on the Price/Forward Earnings ratio.
- ATSG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.55 | ||
| Fwd PE | 21.11 |
4.2 Price Multiples
- 91.30% of the companies in the same industry are more expensive than ATSG, based on the Enterprise Value to EBITDA ratio.
- ATSG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATSG is cheaper than 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.34 | ||
| EV/EBITDA | 5.38 |
4.3 Compensation for Growth
- ATSG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- ATSG's earnings are expected to grow with 32.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.22
PEG (5Y)N/A
EPS Next 2Y32.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- ATSG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.48
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-03 2025-03-03/amc
Earnings (Next)05-01 2025-05-01/amc
Inst Owners78.62%
Inst Owner Change0%
Ins Owners2.69%
Ins Owner Change0%
Market Cap1.48B
Revenue(TTM)1.96B
Net Income(TTM)27.43M
Analysts78.18
Price Target22.95 (2.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.08%
Min EPS beat(2)-25.9%
Max EPS beat(2)40.06%
EPS beat(4)3
Avg EPS beat(4)19.88%
Min EPS beat(4)-25.9%
Max EPS beat(4)48.93%
EPS beat(8)4
Avg EPS beat(8)4.85%
EPS beat(12)7
Avg EPS beat(12)7.13%
EPS beat(16)9
Avg EPS beat(16)6.57%
Revenue beat(2)1
Avg Revenue beat(2)0.43%
Min Revenue beat(2)-8.96%
Max Revenue beat(2)9.82%
Revenue beat(4)1
Avg Revenue beat(4)-2.56%
Min Revenue beat(4)-8.96%
Max Revenue beat(4)9.82%
Revenue beat(8)2
Avg Revenue beat(8)-2.81%
Revenue beat(12)3
Avg Revenue beat(12)-2.23%
Revenue beat(16)5
Avg Revenue beat(16)-1.71%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.55 | ||
| Fwd PE | 21.11 | ||
| P/S | 0.75 | ||
| P/FCF | 7.34 | ||
| P/OCF | 2.78 | ||
| P/B | 1 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 5.38 |
EPS(TTM)0.88
EY3.91%
EPS(NY)1.06
Fwd EY4.74%
FCF(TTM)3.06
FCFY13.62%
OCF(TTM)8.09
OCFY35.97%
SpS29.78
BVpS22.52
TBVpS15.43
PEG (NY)1.22
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.7% | ||
| ROE | 1.85% | ||
| ROCE | 3.85% | ||
| ROIC | 2.61% | ||
| ROICexc | 2.66% | ||
| ROICexgc | 3.07% | ||
| OM | 6.94% | ||
| PM (TTM) | 1.4% | ||
| GM | 52.6% | ||
| FCFM | 10.29% |
ROA(3y)2.6%
ROA(5y)3.19%
ROE(3y)6.77%
ROE(5y)8.31%
ROIC(3y)4.14%
ROIC(5y)4.44%
ROICexc(3y)4.19%
ROICexc(5y)4.51%
ROICexgc(3y)4.9%
ROICexgc(5y)5.39%
ROCE(3y)6.1%
ROCE(5y)6.54%
ROICexgc growth 3Y-19.89%
ROICexgc growth 5Y-12.7%
ROICexc growth 3Y-18.6%
ROICexc growth 5Y-11.09%
OM growth 3Y-16.89%
OM growth 5Y-10.66%
PM growth 3Y-52.85%
PM growth 5Y-19.8%
GM growth 3Y-1.52%
GM growth 5Y-2.17%
F-Score6
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 7.67 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 79.64% | ||
| Cap/Sales | 16.87% | ||
| Interest Coverage | 1.65 | ||
| Cash Conversion | 96.58% | ||
| Profit Quality | 735.62% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 1.21 |
F-Score6
WACC6.02%
ROIC/WACC0.43
Cap/Depr(3y)155.45%
Cap/Depr(5y)155.7%
Cap/Sales(3y)28.17%
Cap/Sales(5y)29.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.46%
EPS 3Y-19.07%
EPS 5Y-10.24%
EPS Q2Q%122.22%
EPS Next Y21.01%
EPS Next 2Y32.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.25%
Revenue growth 3Y4.2%
Revenue growth 5Y6.2%
Sales Q2Q%-0.05%
Revenue Next Year4.58%
Revenue Next 2Y4.51%
Revenue Next 3Y7.99%
Revenue Next 5Y5.55%
EBIT growth 1Y-31.9%
EBIT growth 3Y-13.4%
EBIT growth 5Y-5.12%
EBIT Next Year313.28%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y244.81%
FCF growth 3Y36.81%
FCF growth 5YN/A
OCF growth 1Y-18.54%
OCF growth 3Y-2.99%
OCF growth 5Y6.07%
AIR TRANSPORT SERVICES GROUP / ATSG FAQ
Can you provide the ChartMill fundamental rating for AIR TRANSPORT SERVICES GROUP?
ChartMill assigns a fundamental rating of 3 / 10 to ATSG.
What is the valuation status of AIR TRANSPORT SERVICES GROUP (ATSG) stock?
ChartMill assigns a valuation rating of 5 / 10 to AIR TRANSPORT SERVICES GROUP (ATSG). This can be considered as Fairly Valued.
How profitable is AIR TRANSPORT SERVICES GROUP (ATSG) stock?
AIR TRANSPORT SERVICES GROUP (ATSG) has a profitability rating of 4 / 10.
What is the valuation of AIR TRANSPORT SERVICES GROUP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AIR TRANSPORT SERVICES GROUP (ATSG) is 25.55 and the Price/Book (PB) ratio is 1.
How financially healthy is AIR TRANSPORT SERVICES GROUP?
The financial health rating of AIR TRANSPORT SERVICES GROUP (ATSG) is 1 / 10.