17.07 USD
-0.05 (-0.29%)
Overall SNCY gets a fundamental rating of 5 out of 10. We evaluated SNCY against 22 industry peers in the Passenger Airlines industry. Both the profitability and the financial health of SNCY get a neutral evaluation. Nothing too spectacular is happening here. SNCY has a correct valuation and a medium growth rate.
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
- SNCY has a Return On Assets of 3.60%. This is in the better half of the industry: SNCY outperforms 72.73% of its industry peers.
- Looking at the Return On Equity, with a value of 9.45%, SNCY is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
- The Return On Invested Capital of SNCY (6.86%) is better than 68.18% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SNCY is significantly below the industry average of 20.53%.
- The last Return On Invested Capital (6.86%) for SNCY is above the 3 year average (6.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 9.45% | ||
| ROIC | 6.86% |
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
- SNCY has a better Profit Margin (5.21%) than 72.73% of its industry peers.
- SNCY's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 9.97%, SNCY belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
- In the last couple of years the Operating Margin of SNCY has declined.
- The Gross Margin of SNCY (65.15%) is better than 81.82% of its industry peers.
- In the last couple of years the Gross Margin of SNCY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.97% | ||
| PM (TTM) | 5.21% | ||
| GM | 65.15% |
OM growth 3Y15.83%
OM growth 5Y-4.1%
PM growth 3Y-27.74%
PM growth 5Y-5.64%
GM growth 3Y-0.72%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
- SNCY 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 SNCY has been reduced compared to 1 year ago.
- SNCY has less shares outstanding than it did 5 years ago.
- SNCY has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.56, 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 1.56, SNCY is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
- SNCY has a debt to FCF ratio of 4.10. This is a neutral value as SNCY would need 4.10 years to pay back of all of its debts.
- SNCY has a Debt to FCF ratio of 4.10. This is amongst the best in the industry. SNCY outperforms 90.91% of its industry peers.
- A Debt/Equity ratio of 0.76 indicates that SNCY is somewhat dependend on debt financing.
- SNCY has a Debt to Equity ratio of 0.76. This is in the better half of the industry: SNCY outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.1 | ||
| Altman-Z | 1.56 |
ROIC/WACC0.72
WACC9.57%
2.3 Liquidity
- SNCY has a Current Ratio of 0.76. This is a bad value and indicates that SNCY is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of SNCY (0.76) is better than 77.27% of its industry peers.
- SNCY has a Quick Ratio of 0.76. This is a bad value and indicates that SNCY is not financially healthy enough and could expect problems in meeting its short term obligations.
- SNCY has a better Quick ratio (0.73) than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.73 |
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.
- The Earnings Per Share has been growing slightly by 3.48% on average over the past years.
- SNCY shows a small growth in Revenue. In the last year, the Revenue has grown by 4.27%.
- 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
- SNCY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.43% yearly.
- Based on estimates for the next years, SNCY will show a small growth in Revenue. The Revenue will grow by 7.10% on average per year.
EPS Next Y3.93%
EPS Next 2Y25.38%
EPS Next 3Y29.43%
EPS Next 5YN/A
Revenue Next Year4.39%
Revenue Next 2Y6.42%
Revenue Next 3Y7.1%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 14.23, the valuation of SNCY can be described as correct.
- 72.73% 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 (27.25), we can say SNCY is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 10.34, the valuation of SNCY can be described as reasonable.
- Based on the Price/Forward Earnings ratio, SNCY is valued a bit cheaper than 72.73% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, SNCY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.23 | ||
| Fwd PE | 10.34 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SNCY indicates a somewhat cheap valuation: SNCY is cheaper than 72.73% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, SNCY is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.61 | ||
| EV/EBITDA | 5.79 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SNCY does not grow enough to justify the current Price/Earnings ratio.
- SNCY has a very decent profitability rating, which may justify a higher PE ratio.
- SNCY's earnings are expected to grow with 29.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.62
PEG (5Y)4.09
EPS Next 2Y25.38%
EPS Next 3Y29.43%
5. Dividend
5.1 Amount
- No dividends for SNCY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
SUN COUNTRY AIRLINES HOLDING / SNCY FAQ
Can you provide the ChartMill fundamental rating for SUN COUNTRY AIRLINES HOLDING?
ChartMill assigns a fundamental rating of 5 / 10 to SNCY.
What is the valuation status for SNCY stock?
ChartMill assigns a valuation rating of 6 / 10 to SUN COUNTRY AIRLINES HOLDING (SNCY). This can be considered as Fairly Valued.
How profitable is SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
SUN COUNTRY AIRLINES HOLDING (SNCY) has a profitability rating of 6 / 10.
What is the valuation of SUN COUNTRY AIRLINES HOLDING based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SUN COUNTRY AIRLINES HOLDING (SNCY) is 14.23 and the Price/Book (PB) ratio is 1.47.