RYANAIR HOLDINGS PLC-SP ADR (RYAAY) Stock Fundamental Analysis
NASDAQ:RYAAY - Nasdaq - US7835132033 - ADR - Currency: USD
RYAAY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 23 industry peers in the Passenger Airlines industry. RYAAY is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. RYAAY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year RYAAY was profitable.
RYAAY had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: RYAAY reported negative net income in multiple years.
RYAAY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 10.16%, RYAAY belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
The Return On Equity of RYAAY (20.37%) is better than 78.26% of its industry peers.
RYAAY's Return On Invested Capital of 14.46% is amongst the best of the industry. RYAAY outperforms 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 20.37% | ||
| ROIC | 14.46% |
ROA(3y)5.86%
ROA(5y)2.75%
ROE(3y)14.71%
ROE(5y)7.09%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 12.04%, RYAAY belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
In the last couple of years the Profit Margin of RYAAY has grown nicely.
Looking at the Operating Margin, with a value of 12.38%, RYAAY belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
RYAAY's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 39.29%, RYAAY is doing worse than 60.87% of the companies in the same industry.
RYAAY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.38% | ||
| PM (TTM) | 12.04% | ||
| GM | 39.29% |
OM growth 3YN/A
OM growth 5Y3.02%
PM growth 3YN/A
PM growth 5Y4.4%
GM growth 3Y17.31%
GM growth 5Y-0.7%
2. Health
2.1 Basic Checks
RYAAY has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
RYAAY has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, RYAAY has more shares outstanding
The debt/assets ratio for RYAAY has been reduced compared to a year ago.
2.2 Solvency
RYAAY has an Altman-Z score of 3.44. This indicates that RYAAY is financially healthy and has little risk of bankruptcy at the moment.
RYAAY has a better Altman-Z score (3.44) than 95.65% of its industry peers.
The Debt to FCF ratio of RYAAY is 1.91, which is an excellent value as it means it would take RYAAY, only 1.91 years of fcf income to pay off all of its debts.
RYAAY has a Debt to FCF ratio of 1.91. This is amongst the best in the industry. RYAAY outperforms 100.00% of its industry peers.
RYAAY has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.22, RYAAY belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 3.44 |
ROIC/WACC2.12
WACC6.82%
2.3 Liquidity
RYAAY has a Current Ratio of 0.86. This is a bad value and indicates that RYAAY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of RYAAY (0.86) is better than 78.26% of its industry peers.
A Quick Ratio of 0.86 indicates that RYAAY may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, RYAAY belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for RYAAY have decreased strongly by -15.93% in the last year.
The Earnings Per Share has been growing by 16.75% on average over the past years. This is quite good.
Looking at the last year, RYAAY shows a small growth in Revenue. The Revenue has grown by 5.34% in the last year.
The Revenue has been growing by 11.80% on average over the past years. This is quite good.
EPS 1Y (TTM)-15.93%
EPS 3YN/A
EPS 5Y16.75%
EPS Q2Q%946.15%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y101.8%
Revenue growth 5Y11.8%
Sales Q2Q%9.65%
3.2 Future
The Earnings Per Share is expected to grow by 7.07% on average over the next years.
The Revenue is expected to grow by 5.22% on average over the next years.
EPS Next Y-12.92%
EPS Next 2Y5.23%
EPS Next 3Y6.38%
EPS Next 5Y7.07%
Revenue Next Year3.32%
Revenue Next 2Y5.09%
Revenue Next 3Y5.64%
Revenue Next 5Y5.22%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
Based on the Price/Earnings ratio of 15.60, the valuation of RYAAY can be described as correct.
65.22% of the companies in the same industry are more expensive than RYAAY, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of RYAAY to the average of the S&P500 Index (29.71), we can say RYAAY is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.61, the valuation of RYAAY can be described as correct.
RYAAY's Price/Forward Earnings ratio is in line with the industry average.
RYAAY's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 12.61 |
4.2 Price Multiples
RYAAY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RYAAY is cheaper than 73.91% of the companies in the same industry.
78.26% of the companies in the same industry are more expensive than RYAAY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18 | ||
| EV/EBITDA | 8.25 |
4.3 Compensation for Growth
RYAAY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.93
EPS Next 2Y5.23%
EPS Next 3Y6.38%
5. Dividend
5.1 Amount
RYAAY has a Yearly Dividend Yield of 1.75%.
RYAAY's Dividend Yield is rather good when compared to the industry average which is at 2.83. RYAAY pays more dividend than 86.96% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.30, RYAAY is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
5.2 History
RYAAY has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
RYAAY pays out 23.85% of its income as dividend. This is a sustainable payout ratio.
DP23.85%
EPS Next 2Y5.23%
EPS Next 3Y6.38%
50.08
+3.51 (+7.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners44.26%
Inst Owner Change-1.33%
Ins Owners4.24%
Ins Owner ChangeN/A
Market Cap26.91B
Analysts75.2
Price Target50.14 (0.12%)
Short Float %1.2%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
Yearly Dividend0.37
Dividend Growth(5Y)N/A
DP23.85%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)84.98%
Min EPS beat(2)0.65%
Max EPS beat(2)169.31%
EPS beat(4)2
Avg EPS beat(4)29.19%
Min EPS beat(4)-38.77%
Max EPS beat(4)169.31%
EPS beat(8)4
Avg EPS beat(8)11.78%
EPS beat(12)6
Avg EPS beat(12)11.34%
EPS beat(16)8
Avg EPS beat(16)7.35%
Revenue beat(2)1
Avg Revenue beat(2)-0.47%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)1.27%
Revenue beat(4)2
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-9.46%
Max Revenue beat(4)1.27%
Revenue beat(8)4
Avg Revenue beat(8)-1.15%
Revenue beat(12)7
Avg Revenue beat(12)-0.43%
Revenue beat(16)7
Avg Revenue beat(16)-2.57%
PT rev (1m)0%
PT rev (3m)-2.11%
EPS NQ rev (1m)6.41%
EPS NQ rev (3m)6.64%
EPS NY rev (1m)2.54%
EPS NY rev (3m)2.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 12.61 | ||
| P/S | 1.84 | ||
| P/FCF | 18 | ||
| P/OCF | 8.59 | ||
| P/B | 3.12 | ||
| P/tB | 3.18 | ||
| EV/EBITDA | 8.25 |
EPS(TTM)3.21
EY6.41%
EPS(NY)3.97
Fwd EY7.93%
FCF(TTM)2.78
FCFY5.56%
OCF(TTM)5.83
OCFY11.64%
SpS27.15
BVpS16.05
TBVpS15.76
PEG (NY)N/A
PEG (5Y)0.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.16% | ||
| ROE | 20.37% | ||
| ROCE | 15.96% | ||
| ROIC | 14.46% | ||
| ROICexc | 19.45% | ||
| ROICexgc | 19.81% | ||
| OM | 12.38% | ||
| PM (TTM) | 12.04% | ||
| GM | 39.29% | ||
| FCFM | 10.25% |
ROA(3y)5.86%
ROA(5y)2.75%
ROE(3y)14.71%
ROE(5y)7.09%
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 5Y12.31%
ROICexc growth 3YN/A
ROICexc growth 5Y12.38%
OM growth 3YN/A
OM growth 5Y3.02%
PM growth 3YN/A
PM growth 5Y4.4%
GM growth 3Y17.31%
GM growth 5Y-0.7%
F-Score5
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 134.11% | ||
| Cap/Sales | 11.22% | ||
| Interest Coverage | 23.63 | ||
| Cash Conversion | 103.48% | ||
| Profit Quality | 85.11% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 3.44 |
F-Score5
WACC6.82%
ROIC/WACC2.12
Cap/Depr(3y)199.14%
Cap/Depr(5y)145.26%
Cap/Sales(3y)20.06%
Cap/Sales(5y)17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.93%
EPS 3YN/A
EPS 5Y16.75%
EPS Q2Q%946.15%
EPS Next Y-12.92%
EPS Next 2Y5.23%
EPS Next 3Y6.38%
EPS Next 5Y7.07%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y101.8%
Revenue growth 5Y11.8%
Sales Q2Q%9.65%
Revenue Next Year3.32%
Revenue Next 2Y5.09%
Revenue Next 3Y5.64%
Revenue Next 5Y5.22%
EBIT growth 1Y-21.25%
EBIT growth 3YN/A
EBIT growth 5Y15.17%
EBIT Next Year39.84%
EBIT Next 3Y21.06%
EBIT Next 5Y15.34%
FCF growth 1Y30.63%
FCF growth 3YN/A
FCF growth 5Y10.22%
OCF growth 1Y7.79%
OCF growth 3YN/A
OCF growth 5Y12.41%