CHORUS AVIATION INC (CHR.CA) Fundamental Analysis & Valuation
TSX:CHR • CA17040T8885
22.61 CAD
-0.01 (-0.04%)
Last: Mar 10, 2026, 07:00 PM
This CHR.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
CHR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 6 industry peers in the Passenger Airlines industry. CHR has an excellent profitability rating, but there are some minor concerns on its financial health. CHR has a bad growth rate and is valued cheaply. With these ratings, CHR could be worth investigating further for value investing!.
1. CHR.CA Profitability Analysis
1.1 Basic Checks
- CHR had positive earnings in the past year.
- CHR had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: CHR reported negative net income in multiple years.
- Each year in the past 5 years CHR had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of CHR (6.01%) is better than 83.33% of its industry peers.
- CHR has a better Return On Equity (15.50%) than 83.33% of its industry peers.
- CHR's Return On Invested Capital of 7.56% 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 6.55%. This is in line with the industry average of 5.48%.
- The 3 year average ROIC (6.55%) for CHR is below the current ROIC(7.56%), indicating increased profibility in the last year.
| 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
- The Profit Margin of CHR (5.98%) is better than 83.33% of its industry peers.
- In the last couple of years the Profit Margin of CHR has grown nicely.
- The Operating Margin of CHR (7.57%) is better than 83.33% of its industry peers.
- CHR's Operating Margin has declined in the last couple of years.
- CHR's Gross Margin of 67.08% is amongst the best of the industry. CHR outperforms 100.00% of its industry peers.
- CHR's Gross Margin has declined in the last couple of years.
| 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.
- CHR has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, CHR has more shares outstanding
- CHR has a better debt/assets ratio than last year.
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.
- CHR has a Altman-Z score (0.94) which is in line with its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 13.43, 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 0.61. This is a neutral value indicating CHR is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.61, CHR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 13.43 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.89
WACC8.45%
2.3 Liquidity
- A Current Ratio of 1.30 indicates that CHR should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.30, CHR is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- A Quick Ratio of 0.69 indicates that CHR may have some problems paying its short term obligations.
- CHR's Quick ratio of 0.69 is fine compared to the rest of the industry. CHR outperforms 66.67% of its industry peers.
| 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.
- Measured over the past years, CHR shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.51% on average per year.
- 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
- CHR is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.54% yearly.
- The Revenue is expected to decrease by -0.24% on average over the next years.
EPS Next Y-18.54%
EPS Next 2Y-4.34%
EPS Next 3Y-7.18%
EPS Next 5Y-8.54%
Revenue Next Year-4.3%
Revenue Next 2Y-1.72%
Revenue Next 3Y-0.35%
Revenue Next 5Y-0.24%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- A Price/Earnings ratio of 9.42 indicates a reasonable valuation of CHR.
- 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.
- Compared to an average S&P500 Price/Earnings ratio of 26.25, CHR is valued rather cheaply.
- The Price/Forward Earnings ratio is 11.56, which indicates a very decent valuation of CHR.
- CHR's Price/Forward Earnings ratio is rather cheap when compared to the industry. CHR is cheaper than 83.33% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of CHR to the average of the S&P500 Index (24.39), we can say CHR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 11.56 |
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.
- 66.67% of the companies in the same industry are more expensive than CHR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.01 | ||
| EV/EBITDA | 4.23 |
4.3 Compensation for Growth
- The excellent profitability rating of CHR may justify a higher PE ratio.
- A cheap valuation may be justified as CHR's earnings are expected to decrease with -7.18% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.34%
EPS Next 3Y-7.18%
5. CHR.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.51%, CHR has a reasonable but not impressive dividend return.
- CHR's Dividend Yield is a higher than the industry average which is at 0.96.
- Compared to an average S&P500 Dividend Yield of 1.82, CHR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
- On average, the dividend of CHR grows each year by 6.02%, which is quite nice.
- CHR has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)6.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 4.99% of the earnings are spent on dividend by CHR. This is a low number and sustainable payout ratio.
DP4.99%
EPS Next 2Y-4.34%
EPS Next 3Y-7.18%
CHR.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CHR (3/10/2026, 7:00:00 PM)
22.61
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)05-04 2026-05-04
Inst Owners4.93%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner ChangeN/A
Market Cap529.53M
Revenue(TTM)1.32B
Net Income(TTM)78.74M
Analysts80
Price Target31.18 (37.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
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)3.38%
PT rev (3m)3.05%
EPS NQ rev (1m)1.96%
EPS NQ rev (3m)1.96%
EPS NY rev (1m)-2.24%
EPS NY rev (3m)-0.14%
Revenue NQ rev (1m)-3.8%
Revenue NQ rev (3m)-3.8%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 11.56 | ||
| P/S | 0.4 | ||
| P/FCF | 19.01 | ||
| P/OCF | 8.44 | ||
| P/B | 1.04 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 4.23 |
EPS(TTM)2.4
EY10.61%
EPS(NY)1.96
Fwd EY8.65%
FCF(TTM)1.19
FCFY5.26%
OCF(TTM)2.68
OCFY11.85%
SpS56.21
BVpS21.68
TBVpS21.17
PEG (NY)N/A
PEG (5Y)N/A
Graham Number34.22
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
WACC8.45%
ROIC/WACC0.89
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-18.54%
EPS Next 2Y-4.34%
EPS Next 3Y-7.18%
EPS Next 5Y-8.54%
Revenue 1Y (TTM)-6.3%
Revenue growth 3Y-6.21%
Revenue growth 5Y6.77%
Sales Q2Q%-9.33%
Revenue Next Year-4.3%
Revenue Next 2Y-1.72%
Revenue Next 3Y-0.35%
Revenue Next 5Y-0.24%
EBIT growth 1Y4.51%
EBIT growth 3Y-21.86%
EBIT growth 5Y-11.43%
EBIT Next Year72.5%
EBIT Next 3Y17.02%
EBIT Next 5Y10.81%
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 FAQ
What is the fundamental rating for CHR stock?
ChartMill assigns a fundamental rating of 6 / 10 to CHR.CA.
Can you provide the valuation status for CHORUS AVIATION INC?
ChartMill assigns a valuation rating of 7 / 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 8 / 10.
Can you provide the PE and PB ratios for CHR stock?
The Price/Earnings (PE) ratio for CHORUS AVIATION INC (CHR.CA) is 9.42 and the Price/Book (PB) ratio is 1.04.
How financially healthy is CHORUS AVIATION INC?
The financial health rating of CHORUS AVIATION INC (CHR.CA) is 5 / 10.