AIR TRANSPORT SERVICES GROUP (ATSG)
US00922R1059 - Common Stock
ATSG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 20 industry peers in the Air Freight & Logistics industry. While ATSG is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, ATSG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year ATSG was profitable.
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
ATSG has a Return On Assets (0.46%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 1.24%, ATSG is in line with its industry, outperforming 47.37% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.06%, ATSG is in line with its industry, outperforming 42.11% 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 13.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.24% | ||
| ROIC | 3.06% |
ROA(3y)4.72%
ROA(5y)3.48%
ROE(3y)11.99%
ROE(5y)10.6%
ROIC(3y)5.25%
ROIC(5y)5.24%
1.3 Margins
ATSG has a Profit Margin of 0.90%. This is comparable to the rest of the industry: ATSG outperforms 42.11% of its industry peers.
ATSG's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 7.30%, ATSG is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
ATSG's Operating Margin has declined in the last couple of years.
ATSG has a Gross Margin of 52.08%. This is amongst the best in the industry. ATSG outperforms 84.21% of its industry peers.
In the last couple of years the Gross Margin of ATSG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.3% | ||
| PM (TTM) | 0.9% | ||
| GM | 52.08% |
OM growth 3Y-8.55%
OM growth 5Y-4.95%
PM growth 3Y12.54%
PM growth 5Y-17.81%
GM growth 3Y-2.5%
GM growth 5Y-3.01%
2. Health
2.1 Basic Checks
ATSG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ATSG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ATSG has been increased compared to 5 years ago.
The debt/assets ratio for ATSG is higher compared to a year ago.
2.2 Solvency
ATSG has an Altman-Z score of 1.17. This is a bad value and indicates that ATSG is not financially healthy and even has some risk of bankruptcy.
ATSG has a worse Altman-Z score (1.17) than 68.42% of its industry peers.
ATSG has a Debt/Equity ratio of 1.08. This is a high value indicating a heavy dependency on external financing.
ATSG has a Debt to Equity ratio of 1.08. This is in the lower half of the industry: ATSG underperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.17 |
ROIC/WACC0.43
WACC7.17%
2.3 Liquidity
A Current Ratio of 0.74 indicates that ATSG may have some problems paying its short term obligations.
ATSG has a worse Current ratio (0.74) than 84.21% of its industry peers.
A Quick Ratio of 0.62 indicates that ATSG may have some problems paying its short term obligations.
With a Quick ratio value of 0.62, ATSG is not doing good in the industry: 89.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for ATSG have decreased strongly by -62.92% in the last year.
ATSG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.92% yearly.
Looking at the last year, ATSG shows a small growth in Revenue. The Revenue has grown by 1.23% in the last year.
Measured over the past years, ATSG shows a quite strong growth in Revenue. The Revenue has been growing by 18.34% on average per year.
EPS 1Y (TTM)-62.92%
EPS 3Y-5.97%
EPS 5Y1.92%
EPS Q2Q%-59.37%
Revenue 1Y (TTM)1.23%
Revenue growth 3Y9.65%
Revenue growth 5Y18.34%
Sales Q2Q%-9.92%
3.2 Future
Based on estimates for the next years, ATSG will show a small growth in Earnings Per Share. The EPS will grow by 2.39% on average per year.
Based on estimates for the next years, ATSG will show a small growth in Revenue. The Revenue will grow by 4.02% on average per year.
EPS Next Y-40.8%
EPS Next 2Y-12.15%
EPS Next 3Y2.39%
EPS Next 5YN/A
Revenue Next Year-3.3%
Revenue Next 2Y0.33%
Revenue Next 3Y1.87%
Revenue Next 5Y4.02%
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
The Price/Earnings ratio is 33.27, which means the current valuation is very expensive for ATSG.
Based on the Price/Earnings ratio, ATSG is valued a bit more expensive than the industry average as 63.16% of the companies are valued more cheaply.
ATSG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.96.
With a Price/Forward Earnings ratio of 19.90, ATSG is valued on the expensive side.
Based on the Price/Forward Earnings ratio, ATSG is valued a bit cheaper than the industry average as 73.68% of the companies are valued more expensively.
ATSG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.27 | ||
| Fwd PE | 19.9 |
4.2 Price Multiples
ATSG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATSG is cheaper than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.79 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)17.29
EPS Next 2Y-12.15%
EPS Next 3Y2.39%
5. Dividend
5.1 Amount
ATSG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AIR TRANSPORT SERVICES GROUP
NASDAQ:ATSG (11/21/2024, 8:13:29 PM)
After market: 21.96 0 (0%)21.96
-0.03 (-0.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.44B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 33.27 | ||
| Fwd PE | 19.9 | ||
| 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)17.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.24% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.3% | ||
| PM (TTM) | 0.9% | ||
| GM | 52.08% | ||
| 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 Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.62 | ||
| 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)-62.92%
EPS 3Y-5.97%
EPS 5Y
EPS Q2Q%
EPS Next Y-40.8%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.23%
Revenue growth 3Y9.65%
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