103.24 USD
+2.33 (+2.31%)
103.25 USD
+0.01 (+0.01%)
Overall SKYW gets a fundamental rating of 6 out of 10. We evaluated SKYW against 22 industry peers in the Passenger Airlines industry. SKYW scores excellent on profitability, but there are some minor concerns on its financial health. SKYW scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes SKYW very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year SKYW was profitable.
In the past year SKYW had a positive cash flow from operations.
Of the past 5 years SKYW 4 years were profitable.
Each year in the past 5 years SKYW had a positive operating cash flow.
1.2 Ratios
SKYW has a Return On Assets of 5.69%. This is amongst the best in the industry. SKYW outperforms 81.82% of its industry peers.
SKYW has a Return On Equity of 15.80%. This is in the better half of the industry: SKYW outperforms 77.27% of its industry peers.
SKYW has a better Return On Invested Capital (8.18%) than 77.27% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SKYW is significantly below the industry average of 13.76%.
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
With an excellent Profit Margin value of 10.62%, SKYW belongs to the best of the industry, outperforming 90.91% 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 95.45% of its industry peers.
In the last couple of years the Operating Margin of SKYW has declined.
With an excellent Gross Margin value of 73.08%, SKYW belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
SKYW's Gross Margin has been stable in the last couple of years.
| 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 below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for SKYW has been increased compared to 1 year ago.
SKYW has less shares outstanding than it did 5 years ago.
SKYW has a better debt/assets ratio than last year.
2.2 Solvency
SKYW has an Altman-Z score of 1.83. This is not the best score and indicates that SKYW is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.83, SKYW belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
The Debt to FCF ratio of SKYW is 9.85, which is on the high side as it means it would take SKYW, 9.85 years of fcf income to pay off all of its debts.
SKYW has a better Debt to FCF ratio (9.85) than 68.18% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that SKYW is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.78, SKYW is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 9.85 | ||
| Altman-Z | 1.83 |
ROIC/WACC1
WACC8.19%
2.3 Liquidity
SKYW has a Current 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.
Looking at the Current ratio, with a value of 0.73, SKYW is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 0.63, SKYW is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 79.15% over the past year.
The Earnings Per Share has been growing slightly by 4.42% on average over the past years.
SKYW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.27%.
The Revenue has been growing slightly by 3.49% on average over the past years.
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
Based on estimates for the next years, SKYW will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.40% on average per year.
The Revenue is expected to grow by 7.53% on average over the next years.
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 9.85, which indicates a very decent valuation of SKYW.
SKYW's Price/Earnings ratio is rather cheap when compared to the industry. SKYW is cheaper than 95.45% of the companies in the same industry.
When comparing the Price/Earnings ratio of SKYW to the average of the S&P500 Index (26.37), we can say SKYW is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.13, the valuation of SKYW can be described as very reasonable.
72.73% of the companies in the same industry are more expensive than SKYW, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.20. SKYW is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.85 | ||
| Fwd PE | 9.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SKYW is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, SKYW is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.34 | ||
| EV/EBITDA | 5.4 |
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.
SKYW's earnings are expected to grow with 16.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)2.23
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 |
103.24
+2.33 (+2.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners92.54%
Inst Owner Change0.34%
Ins Owners0.85%
Ins Owner Change-7.7%
Market Cap4.14B
Revenue(TTM)3.98B
Net Income(TTM)407.91M
Analysts83.64
Price Target136.27 (31.99%)
Short Float %2.87%
Short Ratio3.97
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)1.37%
PT rev (3m)1.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.87%
EPS NY rev (3m)1.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.85 | ||
| Fwd PE | 9.13 | ||
| P/S | 1.08 | ||
| P/FCF | 16.34 | ||
| P/OCF | 5.19 | ||
| P/B | 1.6 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 5.4 |
EPS(TTM)10.48
EY10.15%
EPS(NY)11.31
Fwd EY10.95%
FCF(TTM)6.32
FCFY6.12%
OCF(TTM)19.89
OCFY19.27%
SpS95.78
BVpS64.4
TBVpS64.4
PEG (NY)0.29
PEG (5Y)2.23
Graham Number123.23
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 | 1.83 |
F-Score8
WACC8.19%
ROIC/WACC1
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 6 / 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 9.85 and the Price/Book (PB) ratio is 1.6.
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.