SKYWEST INC (SKYW) Stock Fundamental Analysis
USA - NASDAQ:SKYW - US8308791024 - Common Stock
96.6 USD
-2.26 (-2.29%)
96.6 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SKYW. SKYW was compared to 21 industry peers in the Passenger Airlines industry. SKYW scores excellent on profitability, but there are some minor concerns on its financial health. SKYW is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
SKYW had positive earnings in the past year.
In the past year SKYW had a positive cash flow from operations.
Of the past 5 years SKYW 4 years were profitable.
SKYW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SKYW (5.69%) is better than 80.95% of its industry peers.
SKYW has a Return On Equity of 15.80%. This is in the better half of the industry: SKYW outperforms 76.19% of its industry peers.
SKYW's Return On Invested Capital of 8.18% is fine compared to the rest of the industry. SKYW outperforms 76.19% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SKYW is significantly below the industry average of 13.75%.
The 3 year average ROIC (3.59%) for SKYW is below the current ROIC(8.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 15.8% | ||
| ROIC | 8.18% |
ROA(3y)2%
ROA(5y)1.49%
ROE(3y)6.05%
ROE(5y)4.54%
ROIC(3y)3.59%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 10.62%, SKYW belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
In the last couple of years the Profit Margin of SKYW has declined.
The Operating Margin of SKYW (15.23%) is better than 95.24% of its industry peers.
In the last couple of years the Operating Margin of SKYW has declined.
Looking at the Gross Margin, with a value of 73.08%, SKYW belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
In the last couple of years the Gross Margin of SKYW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.23% | ||
| PM (TTM) | 10.62% | ||
| GM | 73.08% |
OM growth 3YN/A
OM growth 5Y-4.69%
PM growth 3Y30.45%
PM growth 5Y-4.37%
GM growth 3Y7.76%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
SKYW has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for SKYW has been increased compared to 1 year ago.
Compared to 5 years ago, SKYW has less shares outstanding
Compared to 1 year ago, SKYW has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.80, we must say that SKYW is in the distress zone and has some risk of bankruptcy.
SKYW's Altman-Z score of 1.80 is amongst the best of the industry. SKYW outperforms 80.95% of its industry peers.
SKYW has a debt to FCF ratio of 9.85. This is a negative value and a sign of low solvency as SKYW would need 9.85 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 9.85, SKYW is doing good in the industry, outperforming 66.67% of the companies in the same industry.
SKYW has a Debt/Equity ratio of 0.78. This is a neutral value indicating SKYW is somewhat dependend on debt financing.
SKYW's Debt to Equity ratio of 0.78 is fine compared to the rest of the industry. SKYW outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 9.85 | ||
| Altman-Z | 1.8 |
ROIC/WACC1.01
WACC8.13%
2.3 Liquidity
A Current Ratio of 0.73 indicates that SKYW may have some problems paying its short term obligations.
The Current ratio of SKYW (0.73) is better than 71.43% of its industry peers.
SKYW has a Quick Ratio of 0.73. This is a bad value and indicates that SKYW is not financially healthy enough and could expect problems in meeting its short term obligations.
SKYW has a better Quick ratio (0.63) than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
SKYW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 79.15%, which is quite impressive.
Measured over the past 5 years, SKYW shows a small growth in Earnings Per Share. The EPS has been growing by 4.42% on average per year.
SKYW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.27%.
Measured over the past years, SKYW shows a small growth in Revenue. The Revenue has been growing by 3.49% on average per year.
EPS 1Y (TTM)79.15%
EPS 3Y30.83%
EPS 5Y4.42%
EPS Q2Q%30.09%
Revenue 1Y (TTM)19.27%
Revenue growth 3Y9.14%
Revenue growth 5Y3.49%
Sales Q2Q%15.04%
3.2 Future
The Earnings Per Share is expected to grow by 16.40% on average over the next years. This is quite good.
SKYW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.53% yearly.
EPS Next Y34.06%
EPS Next 2Y20.64%
EPS Next 3Y16.4%
EPS Next 5YN/A
Revenue Next Year15.38%
Revenue Next 2Y9.53%
Revenue Next 3Y7.53%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.22, which indicates a very decent valuation of SKYW.
Based on the Price/Earnings ratio, SKYW is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
SKYW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.89.
The Price/Forward Earnings ratio is 8.54, which indicates a very decent valuation of SKYW.
Based on the Price/Forward Earnings ratio, SKYW is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
SKYW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 8.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SKYW indicates a somewhat cheap valuation: SKYW is cheaper than 61.90% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SKYW indicates a somewhat cheap valuation: SKYW is cheaper than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.39 | ||
| EV/EBITDA | 5.15 |
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.
The decent profitability rating of SKYW may justify a higher PE ratio.
A more expensive valuation may be justified as SKYW's earnings are expected to grow with 16.40% in the coming years.
PEG (NY)0.27
PEG (5Y)2.09
EPS Next 2Y20.64%
EPS Next 3Y16.4%
5. Dividend
5.1 Amount
No dividends for SKYW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
96.6
-2.26 (-2.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners92.54%
Inst Owner Change0.35%
Ins Owners0.85%
Ins Owner Change-12.91%
Market Cap3.90B
Revenue(TTM)3.98B
Net Income(TTM)407.91M
Analysts83.64
Price Target131.99 (36.64%)
Short Float %2.84%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
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)17.97%
Min EPS beat(2)16.19%
Max EPS beat(2)19.75%
EPS beat(4)4
Avg EPS beat(4)18.53%
Min EPS beat(4)10.29%
Max EPS beat(4)27.88%
EPS beat(8)8
Avg EPS beat(8)36.93%
EPS beat(12)11
Avg EPS beat(12)-57.69%
EPS beat(16)15
Avg EPS beat(16)226.14%
Revenue beat(2)1
Avg Revenue beat(2)0.97%
Min Revenue beat(2)-1.48%
Max Revenue beat(2)3.42%
Revenue beat(4)3
Avg Revenue beat(4)0.93%
Min Revenue beat(4)-1.48%
Max Revenue beat(4)3.42%
Revenue beat(8)4
Avg Revenue beat(8)0.19%
Revenue beat(12)5
Avg Revenue beat(12)-0.68%
Revenue beat(16)9
Avg Revenue beat(16)0.92%
PT rev (1m)-1.82%
PT rev (3m)-1.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.22%
EPS NY rev (1m)1.87%
EPS NY rev (3m)8.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.22 | ||
| Fwd PE | 8.54 | ||
| P/S | 1.02 | ||
| P/FCF | 15.39 | ||
| P/OCF | 4.89 | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 5.15 |
EPS(TTM)10.48
EY10.85%
EPS(NY)11.31
Fwd EY11.71%
FCF(TTM)6.28
FCFY6.5%
OCF(TTM)19.75
OCFY20.45%
SpS95.12
BVpS63.95
TBVpS63.95
PEG (NY)0.27
PEG (5Y)2.09
Graham Number122.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 15.8% | ||
| ROCE | 10.23% | ||
| ROIC | 8.18% | ||
| ROICexc | 9.38% | ||
| ROICexgc | 9.38% | ||
| OM | 15.23% | ||
| PM (TTM) | 10.62% | ||
| GM | 73.08% | ||
| FCFM | 6.6% |
ROA(3y)2%
ROA(5y)1.49%
ROE(3y)6.05%
ROE(5y)4.54%
ROIC(3y)3.59%
ROIC(5y)N/A
ROICexc(3y)4.66%
ROICexc(5y)N/A
ROICexgc(3y)4.66%
ROICexgc(5y)N/A
ROCE(3y)4.49%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y2.35%
ROICexc growth 3YN/A
ROICexc growth 5Y2.35%
OM growth 3YN/A
OM growth 5Y-4.69%
PM growth 3Y30.45%
PM growth 5Y-4.37%
GM growth 3Y7.76%
GM growth 5Y0.68%
F-Score8
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 9.85 | ||
| Debt/EBITDA | 2.07 | ||
| Cap/Depr | 141.75% | ||
| Cap/Sales | 14.17% | ||
| Interest Coverage | 5.41 | ||
| Cash Conversion | 82.32% | ||
| Profit Quality | 62.13% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 1.8 |
F-Score8
WACC8.13%
ROIC/WACC1.01
Cap/Depr(3y)113.69%
Cap/Depr(5y)118.03%
Cap/Sales(3y)14.27%
Cap/Sales(5y)17.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)79.15%
EPS 3Y30.83%
EPS 5Y4.42%
EPS Q2Q%30.09%
EPS Next Y34.06%
EPS Next 2Y20.64%
EPS Next 3Y16.4%
EPS Next 5YN/A
Revenue 1Y (TTM)19.27%
Revenue growth 3Y9.14%
Revenue growth 5Y3.49%
Sales Q2Q%15.04%
Revenue Next Year15.38%
Revenue Next 2Y9.53%
Revenue Next 3Y7.53%
Revenue Next 5YN/A
EBIT growth 1Y97.6%
EBIT growth 3YN/A
EBIT growth 5Y-1.36%
EBIT Next Year110.3%
EBIT Next 3Y33.14%
EBIT Next 5YN/A
FCF growth 1Y96%
FCF growth 3Y34.28%
FCF growth 5Y125.11%
OCF growth 1Y33.35%
OCF growth 3Y-5.93%
OCF growth 5Y-0.8%
SKYWEST INC / SKYW FAQ
What is the fundamental rating for SKYW stock?
ChartMill assigns a fundamental rating of 5 / 10 to SKYW.
Can you provide the valuation status for SKYWEST INC?
ChartMill assigns a valuation rating of 7 / 10 to SKYWEST INC (SKYW). This can be considered as Undervalued.
Can you provide the profitability details for SKYWEST INC?
SKYWEST INC (SKYW) has a profitability rating of 7 / 10.
What are the PE and PB ratios of SKYWEST INC (SKYW) stock?
The Price/Earnings (PE) ratio for SKYWEST INC (SKYW) is 9.22 and the Price/Book (PB) ratio is 1.51.
What is the earnings growth outlook for SKYWEST INC?
The Earnings per Share (EPS) of SKYWEST INC (SKYW) is expected to grow by 34.06% in the next year.