SUN COUNTRY AIRLINES HOLDING (SNCY) Stock Fundamental Analysis
USA - NASDAQ:SNCY - US8666831057 - Common Stock
12.38 USD
-0.23 (-1.82%)
12.38 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SNCY. SNCY was compared to 21 industry peers in the Passenger Airlines industry. While SNCY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SNCY scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
SNCY had positive earnings in 4 of the past 5 years.
Each year in the past 5 years SNCY had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.79%, SNCY is doing good in the industry, outperforming 71.43% of the companies in the same industry.
SNCY has a Return On Equity of 9.61%. This is in the better half of the industry: SNCY outperforms 71.43% of its industry peers.
SNCY's Return On Invested Capital of 7.19% is fine compared to the rest of the industry. SNCY outperforms 66.67% of its industry peers.
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 last Return On Invested Capital (7.19%) for SNCY is above the 3 year average (6.16%), which is a sign of increasing profitability.
| 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.
SNCY has a better Operating Margin (10.25%) than 80.95% of its industry peers.
In the last couple of years the Operating Margin of SNCY has declined.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SNCY is destroying value.
SNCY has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for SNCY has been reduced compared to 5 years ago.
SNCY has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that SNCY is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.45, SNCY is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 4.12, SNCY belongs to the top 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 | 1.45 |
ROIC/WACC0.81
WACC8.85%
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.
SNCY has a Quick ratio of 0.59. This is comparable to the rest of the industry: SNCY outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.33% over the past year.
The Earnings Per Share has been growing slightly by 3.48% on average over the past years.
Looking at the last year, SNCY shows a small growth in Revenue. The Revenue has grown by 4.27% in the last year.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
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
Based on estimates for the next years, SNCY will show a very strong growth in Earnings Per Share. The EPS will grow by 30.48% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.32 indicates a reasonable valuation of SNCY.
76.19% of the companies in the same industry are more expensive than SNCY, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SNCY to the average of the S&P500 Index (25.89), we can say SNCY is valued rather cheaply.
SNCY is valuated cheaply with a Price/Forward Earnings ratio of 7.35.
SNCY's Price/Forward Earnings ratio is rather cheap when compared to the industry. SNCY is cheaper than 80.95% of the companies in the same industry.
SNCY is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.32 | ||
| Fwd PE | 7.35 |
4.2 Price Multiples
SNCY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SNCY is cheaper than 85.71% of the companies in the same industry.
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 | ||
| EV/EBITDA | 4.61 |
4.3 Compensation for Growth
SNCY's 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.
A more expensive valuation may be justified as SNCY's earnings are expected to grow with 30.48% in the coming years.
PEG (NY)1.46
PEG (5Y)2.97
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 |
12.38
-0.23 (-1.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners114.89%
Inst Owner Change0.62%
Ins Owners4.38%
Ins Owner Change13.7%
Market Cap660.10M
Revenue(TTM)1.11B
Net Income(TTM)58.89M
Analysts80
Price Target16.58 (33.93%)
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)-1.52%
EPS NQ rev (1m)-34.47%
EPS NQ rev (3m)-55.66%
EPS NY rev (1m)-7.4%
EPS NY rev (3m)-15.15%
Revenue NQ rev (1m)-0.2%
Revenue NQ rev (3m)-0.37%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.32 | ||
| Fwd PE | 7.35 | ||
| P/S | 0.6 | ||
| P/FCF | 5 | ||
| P/OCF | 4.07 | ||
| P/B | 1.08 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 4.61 |
EPS(TTM)1.2
EY9.69%
EPS(NY)1.68
Fwd EY13.6%
FCF(TTM)2.47
FCFY19.99%
OCF(TTM)3.04
OCFY24.58%
SpS20.63
BVpS11.5
TBVpS5.92
PEG (NY)1.46
PEG (5Y)2.97
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 | 1.45 |
F-Score9
WACC8.85%
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 4 / 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.