SUN COUNTRY AIRLINES HOLDING (SNCY) Stock Fundamental Analysis
USA - NASDAQ:SNCY - US8666831057 - Common Stock
12.51 USD
+0.12 (+0.97%)
12.51 USD
0 (0%)
SNCY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 21 industry peers in the Passenger Airlines industry. While SNCY has a great profitability rating, there are some minor concerns on its financial health. SNCY may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make SNCY suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year SNCY was profitable.
In the past year SNCY had a positive cash flow from operations.
Of the past 5 years SNCY 4 years were profitable.
In the past 5 years SNCY always reported a positive cash flow from operatings.
1.2 Ratios
SNCY's Return On Assets of 3.79% is fine compared to the rest of the industry. SNCY outperforms 71.43% of its industry peers.
SNCY's Return On Equity of 9.61% is fine compared to the rest of the industry. SNCY outperforms 71.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.19%, SNCY is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
SNCY had an Average Return On Invested Capital over the past 3 years of 6.16%. This is significantly below the industry average of 14.21%.
The 3 year average ROIC (6.16%) for SNCY is below the current ROIC(7.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 9.61% | ||
| ROIC | 7.19% |
ROA(3y)2.95%
ROA(5y)2.87%
ROE(3y)8.97%
ROE(5y)8.42%
ROIC(3y)6.16%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.35%, SNCY is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of SNCY has declined.
Looking at the Operating Margin, with a value of 10.25%, SNCY belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
SNCY's Operating Margin has declined in the last couple of years.
SNCY has a Gross Margin of 67.78%. This is amongst the best in the industry. SNCY outperforms 80.95% of its industry peers.
In the last couple of years the Gross Margin of SNCY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.25% | ||
| PM (TTM) | 5.35% | ||
| GM | 67.78% |
OM growth 3Y15.83%
OM growth 5Y-4.1%
PM growth 3Y-27.74%
PM growth 5Y-5.64%
GM growth 3Y1.33%
GM growth 5Y2.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SNCY is destroying value.
SNCY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SNCY has less shares outstanding
SNCY has a better debt/assets ratio than last year.
2.2 Solvency
SNCY has an Altman-Z score of 1.44. This is a bad value and indicates that SNCY is not financially healthy and even has some risk of bankruptcy.
SNCY's Altman-Z score of 1.44 is fine compared to the rest of the industry. SNCY outperforms 71.43% of its industry peers.
The Debt to FCF ratio of SNCY is 4.12, which is a neutral value as it means it would take SNCY, 4.12 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 4.12, SNCY belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
A Debt/Equity ratio of 0.72 indicates that SNCY is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.72, SNCY is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.12 | ||
| Altman-Z | 1.44 |
ROIC/WACC0.81
WACC8.9%
2.3 Liquidity
A Current Ratio of 0.63 indicates that SNCY may have some problems paying its short term obligations.
SNCY's Current ratio of 0.63 is in line compared to the rest of the industry. SNCY outperforms 57.14% of its industry peers.
A Quick Ratio of 0.59 indicates that SNCY may have some problems paying its short term obligations.
With a Quick ratio value of 0.59, SNCY perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
SNCY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
Measured over the past 5 years, SNCY shows a small growth in Earnings Per Share. The EPS has been growing by 3.48% on average per year.
Looking at the last year, SNCY shows a small growth in Revenue. The Revenue has grown by 4.27% in the last year.
Measured over the past years, SNCY shows a quite strong growth in Revenue. The Revenue has been growing by 8.93% on average per year.
EPS 1Y (TTM)33.33%
EPS 3Y50.18%
EPS 5Y3.48%
EPS Q2Q%16.67%
Revenue 1Y (TTM)4.27%
Revenue growth 3Y19.97%
Revenue growth 5Y8.93%
Sales Q2Q%2.43%
3.2 Future
SNCY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.48% yearly.
Based on estimates for the next years, SNCY will show a small growth in Revenue. The Revenue will grow by 7.55% on average per year.
EPS Next Y7.06%
EPS Next 2Y26.65%
EPS Next 3Y30.48%
EPS Next 5YN/A
Revenue Next Year4.39%
Revenue Next 2Y6.98%
Revenue Next 3Y7.55%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
SNCY is valuated reasonably with a Price/Earnings ratio of 10.43.
Compared to the rest of the industry, the Price/Earnings ratio of SNCY indicates a somewhat cheap valuation: SNCY is cheaper than 76.19% of the companies listed in the same industry.
SNCY is valuated cheaply when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.43, which indicates a rather cheap valuation of SNCY.
Based on the Price/Forward Earnings ratio, SNCY is valued cheaply inside the industry as 80.95% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SNCY to the average of the S&P500 Index (32.68), we can say SNCY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.43 | ||
| Fwd PE | 7.43 |
4.2 Price Multiples
80.95% of the companies in the same industry are more expensive than SNCY, based on the Enterprise Value to EBITDA ratio.
95.24% of the companies in the same industry are more expensive than SNCY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.06 | ||
| EV/EBITDA | 4.55 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of SNCY may justify a higher PE ratio.
SNCY's earnings are expected to grow with 30.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.48
PEG (5Y)3
EPS Next 2Y26.65%
EPS Next 3Y30.48%
5. Dividend
5.1 Amount
No dividends for SNCY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.51
+0.12 (+0.97%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners114.89%
Inst Owner Change-0.35%
Ins Owners4.38%
Ins Owner Change13.7%
Market Cap667.03M
Revenue(TTM)1.11B
Net Income(TTM)58.89M
Analysts80
Price Target16.58 (32.53%)
Short Float %12.97%
Short Ratio7.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.67%
Min EPS beat(2)-0.42%
Max EPS beat(2)15.77%
EPS beat(4)3
Avg EPS beat(4)13.63%
Min EPS beat(4)-0.42%
Max EPS beat(4)34.14%
EPS beat(8)5
Avg EPS beat(8)26.63%
EPS beat(12)8
Avg EPS beat(12)36.28%
EPS beat(16)10
Avg EPS beat(16)64.55%
Revenue beat(2)1
Avg Revenue beat(2)-0.98%
Min Revenue beat(2)-2.91%
Max Revenue beat(2)0.95%
Revenue beat(4)1
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-2.91%
Max Revenue beat(4)0.95%
Revenue beat(8)1
Avg Revenue beat(8)-1.92%
Revenue beat(12)3
Avg Revenue beat(12)-1.27%
Revenue beat(16)4
Avg Revenue beat(16)-1.12%
PT rev (1m)-1.52%
PT rev (3m)-2.99%
EPS NQ rev (1m)-34.47%
EPS NQ rev (3m)-58.33%
EPS NY rev (1m)-6.85%
EPS NY rev (3m)-14.65%
Revenue NQ rev (1m)-0.2%
Revenue NQ rev (3m)0.38%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.43 | ||
| Fwd PE | 7.43 | ||
| P/S | 0.61 | ||
| P/FCF | 5.06 | ||
| P/OCF | 4.11 | ||
| P/B | 1.09 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 4.55 |
EPS(TTM)1.2
EY9.59%
EPS(NY)1.68
Fwd EY13.46%
FCF(TTM)2.47
FCFY19.78%
OCF(TTM)3.04
OCFY24.32%
SpS20.63
BVpS11.5
TBVpS5.92
PEG (NY)1.48
PEG (5Y)3
Graham Number17.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 9.61% | ||
| ROCE | 9.42% | ||
| ROIC | 7.19% | ||
| ROICexc | 8.13% | ||
| ROICexgc | 11.31% | ||
| OM | 10.25% | ||
| PM (TTM) | 5.35% | ||
| GM | 67.78% | ||
| FCFM | 11.99% |
ROA(3y)2.95%
ROA(5y)2.87%
ROE(3y)8.97%
ROE(5y)8.42%
ROIC(3y)6.16%
ROIC(5y)N/A
ROICexc(3y)7.45%
ROICexc(5y)N/A
ROICexgc(3y)10.79%
ROICexgc(5y)N/A
ROCE(3y)8.07%
ROCE(5y)N/A
ROICexgc growth 3Y20.66%
ROICexgc growth 5Y-13.64%
ROICexc growth 3Y27.21%
ROICexc growth 5Y-6.14%
OM growth 3Y15.83%
OM growth 5Y-4.1%
PM growth 3Y-27.74%
PM growth 5Y-5.64%
GM growth 3Y1.33%
GM growth 5Y2.66%
F-Score9
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.12 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 30.6% | ||
| Cap/Sales | 2.75% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.59% | ||
| Profit Quality | 224.04% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.44 |
F-Score9
WACC8.9%
ROIC/WACC0.81
Cap/Depr(3y)190.26%
Cap/Depr(5y)196.53%
Cap/Sales(3y)15.4%
Cap/Sales(5y)17.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y50.18%
EPS 5Y3.48%
EPS Q2Q%16.67%
EPS Next Y7.06%
EPS Next 2Y26.65%
EPS Next 3Y30.48%
EPS Next 5YN/A
Revenue 1Y (TTM)4.27%
Revenue growth 3Y19.97%
Revenue growth 5Y8.93%
Sales Q2Q%2.43%
Revenue Next Year4.39%
Revenue Next 2Y6.98%
Revenue Next 3Y7.55%
Revenue Next 5YN/A
EBIT growth 1Y8.81%
EBIT growth 3Y38.96%
EBIT growth 5Y4.46%
EBIT Next Year100.2%
EBIT Next 3Y41.39%
EBIT Next 5YN/A
FCF growth 1Y332.69%
FCF growth 3Y48.9%
FCF growth 5YN/A
OCF growth 1Y-12.77%
OCF growth 3Y2.74%
OCF growth 5Y21.1%
SUN COUNTRY AIRLINES HOLDING / SNCY FAQ
Can you provide the ChartMill fundamental rating for SUN COUNTRY AIRLINES HOLDING?
ChartMill assigns a fundamental rating of 6 / 10 to SNCY.
What is the valuation status of SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
ChartMill assigns a valuation rating of 8 / 10 to SUN COUNTRY AIRLINES HOLDING (SNCY). This can be considered as Undervalued.
How profitable is SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
SUN COUNTRY AIRLINES HOLDING (SNCY) has a profitability rating of 7 / 10.
Can you provide the financial health for SNCY stock?
The financial health rating of SUN COUNTRY AIRLINES HOLDING (SNCY) is 5 / 10.
What is the expected EPS growth for SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
The Earnings per Share (EPS) of SUN COUNTRY AIRLINES HOLDING (SNCY) is expected to grow by 7.06% in the next year.