CHORUS AVIATION INC (CHR.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CHR - CA17040T8885 - Common Stock
21.14 CAD
+0.14 (+0.67%)
Overall CHR gets a fundamental rating of 4 out of 10. We evaluated CHR against 5 industry peers in the Passenger Airlines industry. CHR has only an average score on both its financial health and profitability. CHR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CHR was profitable.
CHR had a positive operating cash flow in the past year.
In multiple years CHR reported negative net income over the last 5 years.
CHR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CHR has a Return On Assets of -2.62%. This is in the lower half of the industry: CHR underperforms 60.00% of its industry peers.
CHR's Return On Equity of -6.31% is fine compared to the rest of the industry. CHR outperforms 80.00% of its industry peers.
With an excellent Return On Invested Capital value of 6.40%, CHR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CHR is in line with the industry average of 3.84%.
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
With a decent Operating Margin value of 6.81%, CHR is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Operating Margin of CHR has declined.
With an excellent Gross Margin value of 65.68%, CHR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
CHR's Gross Margin has declined in the last couple of years.
| 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.
The number of shares outstanding for CHR has been reduced compared to 1 year ago.
Compared to 5 years ago, CHR has more shares outstanding
Compared to 1 year ago, CHR has an improved debt to assets ratio.
2.2 Solvency
CHR has an Altman-Z score of 0.90. This is a bad value and indicates that CHR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.90, CHR is in line with its industry, outperforming 60.00% of the companies in the same industry.
CHR has a debt to FCF ratio of 10.63. This is a negative value and a sign of low solvency as CHR would need 10.63 years to pay back of all of its debts.
CHR's Debt to FCF ratio of 10.63 is amongst the best of the industry. CHR outperforms 100.00% of its industry peers.
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 is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 10.63 | ||
| Altman-Z | 0.9 |
ROIC/WACC0.79
WACC8.07%
2.3 Liquidity
CHR has a Current Ratio of 1.22. This is a normal value and indicates that CHR is financially healthy and should not expect problems in meeting its short term obligations.
CHR has a Current ratio of 1.22. This is comparable to the rest of the industry: CHR outperforms 60.00% of its industry peers.
A Quick Ratio of 0.63 indicates that CHR may have some problems paying its short term obligations.
CHR's Quick ratio of 0.63 is on the low side compared to the rest of the industry. CHR is outperformed by 60.00% 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.
The earnings per share for CHR have been decreasing by -19.03% on average. This is quite bad
Looking at the last year, CHR shows a decrease in Revenue. The Revenue has decreased by -8.40% in the last year.
CHR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.56% yearly.
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
Based on estimates for the next years, CHR will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.19% on average per year.
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
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
With a Price/Earnings ratio of 8.70, 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 26.92. CHR is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.75, the valuation of CHR can be described as very reasonable.
CHR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CHR is cheaper than 80.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.46. CHR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.7 | ||
| Fwd PE | 10.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CHR is valued a bit cheaper than 80.00% of the companies in the same industry.
CHR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.24 | ||
| EV/EBITDA | 3.86 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CHR's earnings are expected to grow with 14.19% in the coming years.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y14.11%
EPS Next 3Y14.19%
5. Dividend
5.1 Amount
CHR has a Yearly Dividend Yield of 1.51%.
CHR's Dividend Yield is a higher than the industry average which is at 0.96.
CHR's Dividend Yield is slightly below the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
On average, the dividend of CHR grows each year by 21.58%, 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)21.58%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CHR has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CHR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-5.89%
EPS Next 2Y14.11%
EPS Next 3Y14.19%
TSX:CHR (12/24/2025, 7:00:00 PM)
21.14
+0.14 (+0.67%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners3.79%
Inst Owner ChangeN/A
Ins Owners1.48%
Ins Owner ChangeN/A
Market Cap495.10M
Revenue(TTM)1.35B
Net Income(TTM)-34.96M
Analysts78
Price Target30.26 (43.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
Yearly Dividend0.98
Dividend Growth(5Y)21.58%
DP-5.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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%
PT rev (3m)5.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.14%
EPS NY rev (1m)4.04%
EPS NY rev (3m)4.22%
Revenue NQ rev (1m)-2.01%
Revenue NQ rev (3m)-2.69%
Revenue NY rev (1m)-1.68%
Revenue NY rev (3m)-1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.7 | ||
| Fwd PE | 10.75 | ||
| P/S | 0.37 | ||
| P/FCF | 15.24 | ||
| P/OCF | 6.95 | ||
| P/B | 0.89 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 3.86 |
EPS(TTM)2.43
EY11.49%
EPS(NY)1.97
Fwd EY9.3%
FCF(TTM)1.39
FCFY6.56%
OCF(TTM)3.04
OCFY14.38%
SpS57.62
BVpS23.67
TBVpS23.29
PEG (NY)0.14
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 | 0.9 |
F-Score6
WACC8.07%
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.
What is the valuation status for CHR stock?
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.
What are the PE and PB ratios of CHORUS AVIATION INC (CHR.CA) stock?
The Price/Earnings (PE) ratio for CHORUS AVIATION INC (CHR.CA) is 8.7 and the Price/Book (PB) ratio is 0.89.
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 grow by 61.87% in the next year.