CHORUS AVIATION INC (CHR.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CHR - CA17040T8885 - Common Stock
21.96 CAD
+0.55 (+2.57%)
Overall CHR gets a fundamental rating of 5 out of 10. We evaluated CHR against 6 industry peers in the Passenger Airlines industry. CHR has only an average score on both its financial health and profitability. CHR is cheap, but on the other hand it scores bad on growth. This makes CHR very considerable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year CHR was profitable.
- In the past year CHR had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: CHR reported negative net income in multiple years.
- CHR 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 -2.62%, CHR is in line with its industry, outperforming 50.00% of the companies in the same industry.
- CHR has a Return On Equity of -6.31%. This is amongst the best in the industry. CHR outperforms 83.33% of its industry peers.
- CHR's Return On Invested Capital of 6.40% is amongst the best of the industry. CHR outperforms 100.00% of its industry peers.
- CHR had an Average Return On Invested Capital over the past 3 years of 5.30%. This is in line with the industry average of 4.35%.
- The last Return On Invested Capital (6.40%) for CHR is above the 3 year average (5.30%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.62% | ||
| ROE | -6.31% | ||
| ROIC | 6.4% |
ROA(3y)-4.73%
ROA(5y)-2.72%
ROE(3y)-14.73%
ROE(5y)-8.13%
ROIC(3y)5.3%
ROIC(5y)4.78%
1.3 Margins
- CHR's Operating Margin of 6.81% is amongst the best of the industry. CHR outperforms 83.33% of its industry peers.
- CHR's Operating Margin has declined in the last couple of years.
- CHR has a better Gross Margin (65.68%) than 100.00% of its industry peers.
- In the last couple of years the Gross Margin of CHR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.81% | ||
| PM (TTM) | N/A | ||
| GM | 65.68% |
OM growth 3Y-18.7%
OM growth 5Y-14.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.38%
GM growth 5Y-2.24%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CHR is destroying value.
- Compared to 1 year ago, CHR has less shares outstanding
- The number of shares outstanding for CHR has been increased compared to 5 years ago.
- The debt/assets ratio for CHR has been reduced compared to a year ago.
2.2 Solvency
- CHR has an Altman-Z score of 0.91. This is a bad value and indicates that CHR is not financially healthy and even has some risk of bankruptcy.
- CHR has a Altman-Z score of 0.91. This is comparable to the rest of the industry: CHR outperforms 50.00% of its industry peers.
- The Debt to FCF ratio of CHR is 10.63, which is on the high side as it means it would take CHR, 10.63 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 10.63, CHR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- CHR has a Debt/Equity ratio of 0.50. This is a neutral value indicating CHR is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.50, CHR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 10.63 | ||
| Altman-Z | 0.91 |
ROIC/WACC0.79
WACC8.15%
2.3 Liquidity
- A Current Ratio of 1.22 indicates that CHR should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.22, CHR is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- CHR has a Quick Ratio of 1.22. This is a bad value and indicates that CHR is not financially healthy enough and could expect problems in meeting its short term obligations.
- CHR's Quick ratio of 0.63 is in line compared to the rest of the industry. CHR outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 92.86% over the past year.
- CHR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.03% yearly.
- The Revenue has decreased by -8.40% in the past year.
- Measured over the past years, CHR shows a small growth in Revenue. The Revenue has been growing by 0.56% on average per year.
EPS 1Y (TTM)92.86%
EPS 3Y-16.46%
EPS 5Y-19.03%
EPS Q2Q%42.86%
Revenue 1Y (TTM)-8.4%
Revenue growth 3Y11.15%
Revenue growth 5Y0.56%
Sales Q2Q%-5.39%
3.2 Future
- CHR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.19% yearly.
- The Revenue is expected to decrease by -4.52% on average over the next years.
EPS Next Y61.87%
EPS Next 2Y14.11%
EPS Next 3Y14.19%
EPS Next 5YN/A
Revenue Next Year-6.45%
Revenue Next 2Y-5.27%
Revenue Next 3Y-4.52%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.04, the valuation of CHR can be described as very reasonable.
- CHR's Price/Earnings ratio is rather cheap when compared to the industry. CHR is cheaper than 100.00% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.38. CHR is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 11.17 indicates a reasonable valuation of CHR.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CHR indicates a rather cheap valuation: CHR is cheaper than 83.33% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, CHR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.04 | ||
| Fwd PE | 11.17 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CHR is valued cheaper than 83.33% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CHR indicates a somewhat cheap valuation: CHR is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.83 | ||
| EV/EBITDA | 3.95 |
4.3 Compensation for Growth
- CHR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- CHR has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as CHR's earnings are expected to grow with 14.19% in the coming years.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y14.11%
EPS Next 3Y14.19%
5. Dividend
5.1 Amount
- CHR has a Yearly Dividend Yield of 1.49%.
- CHR's Dividend Yield is a higher than the industry average which is at 1.02.
- Compared to an average S&P500 Dividend Yield of 1.85, CHR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
5.2 History
- The dividend of CHR is nicely growing with an annual growth rate of 21.58%!
- CHR has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)21.58%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- The earnings of CHR are negative and hence is the payout ratio. CHR will probably not be able to sustain this dividend level.
- The dividend of CHR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-5.89%
EPS Next 2Y14.11%
EPS Next 3Y14.19%
TSX:CHR (1/16/2026, 7:00:00 PM)
21.96
+0.55 (+2.57%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-12 2026-02-12/amc
Inst Owners3.74%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner ChangeN/A
Market Cap514.30M
Revenue(TTM)1.35B
Net Income(TTM)-34.96M
Analysts78.18
Price Target30.45 (38.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
Yearly Dividend0.98
Dividend Growth(5Y)21.58%
DP-5.89%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.44%
Min EPS beat(2)3.86%
Max EPS beat(2)11.03%
EPS beat(4)4
Avg EPS beat(4)11.06%
Min EPS beat(4)3.86%
Max EPS beat(4)25.51%
EPS beat(8)6
Avg EPS beat(8)17.12%
EPS beat(12)6
Avg EPS beat(12)4.64%
EPS beat(16)8
Avg EPS beat(16)3.17%
Revenue beat(2)0
Avg Revenue beat(2)-6.2%
Min Revenue beat(2)-8.31%
Max Revenue beat(2)-4.09%
Revenue beat(4)0
Avg Revenue beat(4)-5.03%
Min Revenue beat(4)-8.31%
Max Revenue beat(4)-3.78%
Revenue beat(8)2
Avg Revenue beat(8)-4.05%
Revenue beat(12)5
Avg Revenue beat(12)-1.79%
Revenue beat(16)7
Avg Revenue beat(16)0.32%
PT rev (1m)0.64%
PT rev (3m)6.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.14%
EPS NY rev (1m)0%
EPS NY rev (3m)4.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.04 | ||
| Fwd PE | 11.17 | ||
| P/S | 0.38 | ||
| P/FCF | 15.83 | ||
| P/OCF | 7.22 | ||
| P/B | 0.93 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | 3.95 |
EPS(TTM)2.43
EY11.07%
EPS(NY)1.97
Fwd EY8.95%
FCF(TTM)1.39
FCFY6.32%
OCF(TTM)3.04
OCFY13.85%
SpS57.62
BVpS23.67
TBVpS23.29
PEG (NY)0.15
PEG (5Y)N/A
Graham Number35.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.62% | ||
| ROE | -6.31% | ||
| ROCE | 8.63% | ||
| ROIC | 6.4% | ||
| ROICexc | 6.56% | ||
| ROICexgc | 6.62% | ||
| OM | 6.81% | ||
| PM (TTM) | N/A | ||
| GM | 65.68% | ||
| FCFM | 2.41% |
ROA(3y)-4.73%
ROA(5y)-2.72%
ROE(3y)-14.73%
ROE(5y)-8.13%
ROIC(3y)5.3%
ROIC(5y)4.78%
ROICexc(3y)5.99%
ROICexc(5y)5.28%
ROICexgc(3y)6.05%
ROICexgc(5y)5.32%
ROCE(3y)7.14%
ROCE(5y)6.44%
ROICexgc growth 3Y33.52%
ROICexgc growth 5Y7.31%
ROICexc growth 3Y33.18%
ROICexc growth 5Y7.15%
OM growth 3Y-18.7%
OM growth 5Y-14.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.38%
GM growth 5Y-2.24%
F-Score6
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 10.63 | ||
| Debt/EBITDA | 1.32 | ||
| Cap/Depr | 32.58% | ||
| Cap/Sales | 2.87% | ||
| Interest Coverage | 2.74 | ||
| Cash Conversion | 33.79% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.91 |
F-Score6
WACC8.15%
ROIC/WACC0.79
Cap/Depr(3y)31.44%
Cap/Depr(5y)62.49%
Cap/Sales(3y)3.58%
Cap/Sales(5y)12.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)92.86%
EPS 3Y-16.46%
EPS 5Y-19.03%
EPS Q2Q%42.86%
EPS Next Y61.87%
EPS Next 2Y14.11%
EPS Next 3Y14.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.4%
Revenue growth 3Y11.15%
Revenue growth 5Y0.56%
Sales Q2Q%-5.39%
Revenue Next Year-6.45%
Revenue Next 2Y-5.27%
Revenue Next 3Y-4.52%
Revenue Next 5YN/A
EBIT growth 1Y-34.45%
EBIT growth 3Y-9.64%
EBIT growth 5Y-14.31%
EBIT Next Year87.77%
EBIT Next 3Y14.37%
EBIT Next 5YN/A
FCF growth 1Y-89.3%
FCF growth 3Y24.37%
FCF growth 5YN/A
OCF growth 1Y-80.17%
OCF growth 3Y12.73%
OCF growth 5Y0.25%
CHORUS AVIATION INC / CHR.CA FAQ
What is the fundamental rating for CHR stock?
ChartMill assigns a fundamental rating of 5 / 10 to CHR.CA.
Can you provide the valuation status for CHORUS AVIATION INC?
ChartMill assigns a valuation rating of 8 / 10 to CHORUS AVIATION INC (CHR.CA). This can be considered as Undervalued.
Can you provide the profitability details for CHORUS AVIATION INC?
CHORUS AVIATION INC (CHR.CA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for CHR stock?
The Price/Earnings (PE) ratio for CHORUS AVIATION INC (CHR.CA) is 9.04 and the Price/Book (PB) ratio is 0.93.
How financially healthy is CHORUS AVIATION INC?
The financial health rating of CHORUS AVIATION INC (CHR.CA) is 5 / 10.