AIR TRANSPORT SERVICES GROUP (ATSG) Fundamental Analysis & Valuation

NASDAQ:ATSG • US00922R1059

Current stock price

22.48 USD
-0.01 (-0.04%)
At close:
22.481 USD
0 (0%)
After Hours:

This ATSG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. ATSG Profitability Analysis

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.
ATSG Yearly Net Income VS EBIT VS OCF VS FCFATSG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

1.2 Ratios

  • ATSG's Return On Assets of 0.70% is in line compared to the rest of the industry. ATSG outperforms 52.17% of its industry peers.
  • 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.
  • ATSG had an Average Return On Invested Capital over the past 3 years of 4.14%. This is significantly below the industry average of 9.36%.
Industry RankSector 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%
ATSG Yearly ROA, ROE, ROICATSG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • With a Profit Margin value of 1.40%, ATSG perfoms like the industry average, outperforming 56.52% of the companies in the same industry.
  • ATSG's Profit Margin has declined in the last couple of years.
  • The Operating Margin of ATSG (6.94%) is better than 78.26% of its industry peers.
  • ATSG's Operating Margin has declined in the last couple of years.
  • ATSG has a better Gross Margin (52.60%) than 86.96% of its industry peers.
  • In the last couple of years the Gross Margin of ATSG has declined.
Industry RankSector 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%
ATSG Yearly Profit, Operating, Gross MarginsATSG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. ATSG Health Analysis

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.
  • Compared to 1 year ago, ATSG has more shares outstanding
  • Compared to 5 years ago, ATSG has more shares outstanding
  • The debt/assets ratio for ATSG has been reduced compared to a year ago.
ATSG Yearly Shares OutstandingATSG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
ATSG Yearly Total Debt VS Total AssetsATSG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

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.
  • ATSG has a Altman-Z score of 1.21. This is in the lower half of the industry: ATSG underperforms 60.87% of its industry peers.
  • 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.
  • ATSG has a better Debt to FCF ratio (7.67) than 69.57% of its industry peers.
  • A Debt/Equity ratio of 1.04 is on the high side and indicates that ATSG has dependencies on debt financing.
  • ATSG has a Debt to Equity ratio of 1.04. This is in the lower half of the industry: ATSG underperforms 60.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.04
Debt/FCF 7.67
Altman-Z 1.21
ROIC/WACC0.43
WACC6.02%
ATSG Yearly LT Debt VS Equity VS FCFATSG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • ATSG has a Current Ratio of 0.98. This is a bad value and indicates that ATSG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.98, ATSG is not doing good in the industry: 69.57% of the companies in the same industry are doing better.
  • ATSG has a Quick Ratio of 0.98. This is a bad value and indicates that ATSG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ATSG's Quick ratio of 0.84 is on the low side compared to the rest of the industry. ATSG is outperformed by 73.91% of its industry peers.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.84
ATSG Yearly Current Assets VS Current LiabilitesATSG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. ATSG Growth Analysis

3.1 Past

  • The earnings per share for ATSG have decreased strongly by -38.46% in the last year.
  • The earnings per share for ATSG have been decreasing by -10.24% on average. This is quite bad
  • The Revenue has decreased by -5.25% in the past year.
  • ATSG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.20% yearly.
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

  • The Earnings Per Share is expected to grow by 32.30% on average over the next years. This is a very strong growth
  • 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.
ATSG Yearly Revenue VS EstimatesATSG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
ATSG Yearly EPS VS EstimatesATSG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

More info and screens

Find the best growth stocksShow best growing peers

5

4. ATSG Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 25.55 indicates a quite expensive valuation of ATSG.
  • Compared to the rest of the industry, the Price/Earnings ratio of ATSG is on the same level as its industry peers.
  • When comparing the Price/Earnings ratio of ATSG to the average of the S&P500 Index (27.50), we can say ATSG is valued inline with the index average.
  • ATSG is valuated rather expensively with a Price/Forward Earnings ratio of 21.11.
  • Based on the Price/Forward Earnings ratio, ATSG is valued a bit cheaper than 65.22% of the companies in the same industry.
  • ATSG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.62, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 25.55
Fwd PE 21.11
ATSG Price Earnings VS Forward Price EarningsATSG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ATSG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATSG is cheaper than 91.30% of the companies in the same industry.
  • 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 RankSector Rank
P/FCF 7.34
EV/EBITDA 5.38
ATSG Per share dataATSG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The 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

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. ATSG Dividend Analysis

5.1 Amount

  • No dividends for ATSG!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

ATSG Fundamentals: All Metrics, Ratios and Statistics

AIR TRANSPORT SERVICES GROUP

NASDAQ:ATSG (4/10/2025, 8:00:01 PM)

After market: 22.481 0 (0%)

22.48

-0.01 (-0.04%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-03
Earnings (Next)05-01
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 RankSector 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 RankSector 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 Number0 (-100%)
Profitability
Industry RankSector 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 RankSector 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 Fundamental Analysis 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.


Can you provide the profitability details for AIR TRANSPORT SERVICES GROUP?

AIR TRANSPORT SERVICES GROUP (ATSG) has a profitability rating of 4 / 10.


What is the expected EPS growth for AIR TRANSPORT SERVICES GROUP (ATSG) stock?

The Earnings per Share (EPS) of AIR TRANSPORT SERVICES GROUP (ATSG) is expected to grow by 21.01% in the next year.