HAWAIIAN HOLDINGS INC (HA) Stock Fundamental Analysis
NASDAQ:HA - Nasdaq - US4198791018 - Common Stock - Currency: USD
We assign a fundamental rating of 1 out of 10 to HA. HA was compared to 23 industry peers in the Passenger Airlines industry. HA may be in some trouble as it scores bad on both profitability and health. HA is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HA has reported negative net income.
HA had a negative operating cash flow in the past year.
In the past 5 years HA reported 4 times negative net income.
In multiple years HA reported negative operating cash flow during the last 5 years.
1.2 Ratios
HA has a worse Return On Assets (-8.37%) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.37% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-5.3%
ROA(5y)-4.66%
ROE(3y)-123.49%
ROE(5y)-86.98%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Gross Margin value of 3.44%, HA is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
HA's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for HA so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 3.44% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-27.13%
2. Health
2.1 Basic Checks
HA does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HA has more shares outstanding
HA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HA is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.45, we must say that HA is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of HA (0.45) is worse than 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.45 |
ROIC/WACCN/A
WACC7.12%
2.3 Liquidity
HA has a Current Ratio of 1.11. This is a normal value and indicates that HA is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of HA (1.11) is better than 92.00% of its industry peers.
HA has a Quick Ratio of 1.06. This is a normal value and indicates that HA is financially healthy and should not expect problems in meeting its short term obligations.
HA's Quick ratio of 1.06 is amongst the best of the industry. HA outperforms 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
HA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -130.79%.
HA shows a decrease in Revenue. In the last year, the revenue decreased by -0.63%.
HA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.87% yearly.
EPS 1Y (TTM)-130.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-191.49%
Revenue 1Y (TTM)-0.63%
Revenue growth 3Y47.6%
Revenue growth 5Y-0.87%
Sales Q2Q%3.53%
3.2 Future
Based on estimates for the next years, HA will show a very strong growth in Earnings Per Share. The EPS will grow by 23.32% on average per year.
Based on estimates for the next years, HA will show a quite strong growth in Revenue. The Revenue will grow by 9.21% on average per year.
EPS Next Y-34.63%
EPS Next 2Y16.35%
EPS Next 3Y23.32%
EPS Next 5YN/A
Revenue Next Year5.33%
Revenue Next 2Y8.9%
Revenue Next 3Y9.21%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for HA. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HA's earnings are expected to grow with 23.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.35%
EPS Next 3Y23.32%
5. Dividend
5.1 Amount
No dividends for HA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18
+0.68 (+3.93%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners1.44%
Inst Owner Change-80.73%
Ins Owners2.76%
Ins Owner Change-114.85%
Market Cap936.18M
Analysts76.92
Price Target13.01 (-27.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.44%
Min EPS beat(2)1.03%
Max EPS beat(2)1.85%
EPS beat(4)3
Avg EPS beat(4)-1.28%
Min EPS beat(4)-9.87%
Max EPS beat(4)1.88%
EPS beat(8)7
Avg EPS beat(8)10.31%
EPS beat(12)11
Avg EPS beat(12)10.94%
EPS beat(16)12
Avg EPS beat(16)9.57%
Revenue beat(2)0
Avg Revenue beat(2)-2.55%
Min Revenue beat(2)-4.71%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-2.99%
Min Revenue beat(4)-4.71%
Max Revenue beat(4)-0.38%
Revenue beat(8)0
Avg Revenue beat(8)-2.79%
Revenue beat(12)2
Avg Revenue beat(12)-2.46%
Revenue beat(16)3
Avg Revenue beat(16)-3.69%
PT rev (1m)10.87%
PT rev (3m)13.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-228.63%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)-7.57
EYN/A
EPS(NY)-3.92
Fwd EYN/A
FCF(TTM)-13
FCFYN/A
OCF(TTM)-5.74
OCFYN/A
SpS53.34
BVpS-2.03
TBVpS-2.29
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.37% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 3.44% | ||
| FCFM | N/A |
ROA(3y)-5.3%
ROA(5y)-4.66%
ROE(3y)-123.49%
ROE(5y)-86.98%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-27.13%
F-Score1
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 282.72% | ||
| Cap/Sales | 13.62% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 0.45 |
F-Score1
WACC7.12%
ROIC/WACCN/A
Cap/Depr(3y)93.49%
Cap/Depr(5y)119.87%
Cap/Sales(3y)4.98%
Cap/Sales(5y)8.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-130.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-191.49%
EPS Next Y-34.63%
EPS Next 2Y16.35%
EPS Next 3Y23.32%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.63%
Revenue growth 3Y47.6%
Revenue growth 5Y-0.87%
Sales Q2Q%3.53%
Revenue Next Year5.33%
Revenue Next 2Y8.9%
Revenue Next 3Y9.21%
Revenue Next 5YN/A
EBIT growth 1Y-138.85%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year83.85%
EBIT Next 3Y40.56%
EBIT Next 5YN/A
FCF growth 1Y-292.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-122.31%
OCF growth 3YN/A
OCF growth 5YN/A