CHORUS AVIATION INC (CHR.CA) Fundamental Analysis & Valuation
TSX:CHR • CA17040T8885
Current stock price
23.88 CAD
+0.53 (+2.27%)
Last:
This CHR.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. CHR.CA Profitability Analysis
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.
- In the past 5 years CHR always reported a positive cash flow from operatings.
1.2 Ratios
- CHR has a Return On Assets of 6.01%. This is in the better half of the industry: CHR outperforms 80.00% of its industry peers.
- With a decent Return On Equity value of 15.50%, CHR is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- CHR has a Return On Invested Capital of 7.56%. This is amongst the best in the industry. CHR outperforms 100.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CHR is in line with the industry average of 5.94%.
- The last Return On Invested Capital (7.56%) for CHR is above the 3 year average (6.55%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 15.5% | ||
| ROIC | 7.56% |
ROA(3y)-2.94%
ROA(5y)-1.76%
ROE(3y)-10.29%
ROE(5y)-6.33%
ROIC(3y)6.55%
ROIC(5y)5.67%
1.3 Margins
- CHR has a better Profit Margin (5.98%) than 80.00% of its industry peers.
- In the last couple of years the Profit Margin of CHR has grown nicely.
- With a decent Operating Margin value of 7.57%, CHR is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- CHR's Operating Margin has declined in the last couple of years.
- CHR has a Gross Margin of 67.08%. This is amongst the best in the industry. CHR outperforms 100.00% of its industry peers.
- In the last couple of years the Gross Margin of CHR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.57% | ||
| PM (TTM) | 5.98% | ||
| GM | 67.08% |
OM growth 3Y-16.68%
OM growth 5Y-17.04%
PM growth 3Y54.29%
PM growth 5Y6.46%
GM growth 3Y-2.08%
GM growth 5Y-3.91%
2. CHR.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CHR is destroying value.
- The number of shares outstanding for CHR has been reduced compared to 1 year ago.
- 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
- Based on the Altman-Z score of 0.94, we must say that CHR is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.94, CHR perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
- CHR has a debt to FCF ratio of 13.43. This is a negative value and a sign of low solvency as CHR would need 13.43 years to pay back of all of its debts.
- CHR has a Debt to FCF ratio of 13.43. This is in the better half of the industry: CHR outperforms 80.00% of its industry peers.
- A Debt/Equity ratio of 0.61 indicates that CHR is somewhat dependend on debt financing.
- CHR's Debt to Equity ratio of 0.61 is amongst the best of the industry. CHR outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 13.43 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.94
WACC8.03%
2.3 Liquidity
- CHR has a Current Ratio of 1.30. This is a normal value and indicates that CHR is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of CHR (1.30) is better than 80.00% of its industry peers.
- CHR has a Quick Ratio of 1.30. This is a bad value and indicates that CHR is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.69, CHR perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.69 |
3. CHR.CA Growth Analysis
3.1 Past
- CHR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.94%, which is quite impressive.
- CHR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.51% yearly.
- The Revenue has decreased by -6.30% in the past year.
- Measured over the past years, CHR shows a small growth in Revenue. The Revenue has been growing by 6.77% on average per year.
EPS 1Y (TTM)58.94%
EPS 3Y-9.92%
EPS 5Y-3.51%
EPS Q2Q%-5%
Revenue 1Y (TTM)-6.3%
Revenue growth 3Y-6.21%
Revenue growth 5Y6.77%
Sales Q2Q%-9.33%
3.2 Future
- Based on estimates for the next years, CHR will show a decrease in Earnings Per Share. The EPS will decrease by -8.74% on average per year.
- The Revenue is expected to decrease by -0.52% on average over the next years.
EPS Next Y-18.48%
EPS Next 2Y-3.44%
EPS Next 3Y-7.18%
EPS Next 5Y-8.74%
Revenue Next Year-4.07%
Revenue Next 2Y-1.46%
Revenue Next 3Y-0.35%
Revenue Next 5Y-0.52%
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 decreasing.
- 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. CHR.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 9.95, which indicates a very decent valuation of CHR.
- Based on the Price/Earnings ratio, CHR is valued a bit cheaper than 80.00% of the companies in the same industry.
- CHR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.64.
- The Price/Forward Earnings ratio is 12.21, which indicates a correct valuation of CHR.
- Based on the Price/Forward Earnings ratio, CHR is valued a bit cheaper than 80.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 21.36. CHR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 12.21 |
4.2 Price Multiples
- CHR's Enterprise Value to EBITDA is on the same level as the industry average.
- CHR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.88 | ||
| EV/EBITDA | 4.29 |
4.3 Compensation for Growth
- The decent profitability rating of CHR may justify a higher PE ratio.
- CHR's earnings are expected to decrease with -7.18% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.44%
EPS Next 3Y-7.18%
5. CHR.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.56%, CHR has a reasonable but not impressive dividend return.
- CHR's Dividend Yield is comparable with the industry average which is at 1.16.
- CHR's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
- On average, the dividend of CHR grows each year by 6.02%, which is quite nice.
- CHR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- CHR pays out 4.99% of its income as dividend. This is a sustainable payout ratio.
DP4.99%
EPS Next 2Y-3.44%
EPS Next 3Y-7.18%
CHR.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CHR (5/1/2026, 7:00:00 PM)
23.88
+0.53 (+2.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Industry Strength63.78
Industry Growth71.64
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)05-07 2026-05-07
Inst Owners5.1%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner ChangeN/A
Market Cap553.78M
Revenue(TTM)1.32B
Net Income(TTM)78.74M
Analysts80
Price Target31.18 (30.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Yearly Dividend0.16
Dividend Growth(5Y)6.02%
DP4.99%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13 2026-03-13 (0.11)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.44%
Min EPS beat(2)-12.73%
Max EPS beat(2)3.86%
EPS beat(4)3
Avg EPS beat(4)1.51%
Min EPS beat(4)-12.73%
Max EPS beat(4)11.03%
EPS beat(8)6
Avg EPS beat(8)21.63%
EPS beat(12)6
Avg EPS beat(12)4.92%
EPS beat(16)7
Avg EPS beat(16)0.38%
Revenue beat(2)0
Avg Revenue beat(2)-5.74%
Min Revenue beat(2)-7.4%
Max Revenue beat(2)-4.09%
Revenue beat(4)0
Avg Revenue beat(4)-5.93%
Min Revenue beat(4)-8.31%
Max Revenue beat(4)-3.95%
Revenue beat(8)1
Avg Revenue beat(8)-4.99%
Revenue beat(12)4
Avg Revenue beat(12)-2.69%
Revenue beat(16)6
Avg Revenue beat(16)-1.25%
PT rev (1m)0%
PT rev (3m)2.39%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)2.1%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-2.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.8%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 12.21 | ||
| P/S | 0.42 | ||
| P/FCF | 19.88 | ||
| P/OCF | 8.83 | ||
| P/B | 1.09 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | 4.29 |
EPS(TTM)2.4
EY10.05%
EPS(NY)1.96
Fwd EY8.19%
FCF(TTM)1.2
FCFY5.03%
OCF(TTM)2.71
OCFY11.33%
SpS56.77
BVpS21.9
TBVpS21.38
PEG (NY)N/A
PEG (5Y)N/A
Graham Number34.3881 (44%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 15.5% | ||
| ROCE | 9.47% | ||
| ROIC | 7.56% | ||
| ROICexc | 7.77% | ||
| ROICexgc | 7.87% | ||
| OM | 7.57% | ||
| PM (TTM) | 5.98% | ||
| GM | 67.08% | ||
| FCFM | 2.12% |
ROA(3y)-2.94%
ROA(5y)-1.76%
ROE(3y)-10.29%
ROE(5y)-6.33%
ROIC(3y)6.55%
ROIC(5y)5.67%
ROICexc(3y)7.32%
ROICexc(5y)6.2%
ROICexgc(3y)7.4%
ROICexgc(5y)6.25%
ROCE(3y)8.21%
ROCE(5y)7.1%
ROICexgc growth 3Y14.68%
ROICexgc growth 5Y8.46%
ROICexc growth 3Y14.56%
ROICexc growth 5Y8.27%
OM growth 3Y-16.68%
OM growth 5Y-17.04%
PM growth 3Y54.29%
PM growth 5Y6.46%
GM growth 3Y-2.08%
GM growth 5Y-3.91%
F-Score7
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 13.43 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 32.52% | ||
| Cap/Sales | 2.65% | ||
| Interest Coverage | 5.51 | ||
| Cash Conversion | 30.33% | ||
| Profit Quality | 35.38% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.94 |
F-Score7
WACC8.03%
ROIC/WACC0.94
Cap/Depr(3y)32.03%
Cap/Depr(5y)32.8%
Cap/Sales(3y)3.17%
Cap/Sales(5y)4.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.94%
EPS 3Y-9.92%
EPS 5Y-3.51%
EPS Q2Q%-5%
EPS Next Y-18.48%
EPS Next 2Y-3.44%
EPS Next 3Y-7.18%
EPS Next 5Y-8.74%
Revenue 1Y (TTM)-6.3%
Revenue growth 3Y-6.21%
Revenue growth 5Y6.77%
Sales Q2Q%-9.33%
Revenue Next Year-4.07%
Revenue Next 2Y-1.46%
Revenue Next 3Y-0.35%
Revenue Next 5Y-0.52%
EBIT growth 1Y4.51%
EBIT growth 3Y-21.86%
EBIT growth 5Y-11.43%
EBIT Next Year72.5%
EBIT Next 3Y17.02%
EBIT Next 5Y10.59%
FCF growth 1Y-86.87%
FCF growth 3Y-49.57%
FCF growth 5YN/A
OCF growth 1Y-76.32%
OCF growth 3Y-39.22%
OCF growth 5Y-16.72%
CHORUS AVIATION INC / CHR.CA Fundamental Analysis 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 5 / 10 to CHORUS AVIATION INC (CHR.CA). This can be considered as Fairly Valued.
What is the profitability of CHR stock?
CHORUS AVIATION INC (CHR.CA) has a profitability rating of 7 / 10.
What is the expected EPS growth for CHORUS AVIATION INC (CHR.CA) stock?
The Earnings per Share (EPS) of CHORUS AVIATION INC (CHR.CA) is expected to decline by -18.48% in the next year.
Can you provide the dividend sustainability for CHR stock?
The dividend rating of CHORUS AVIATION INC (CHR.CA) is 5 / 10 and the dividend payout ratio is 4.99%.