SUN COUNTRY AIRLINES HOLDING (SNCY) Stock Fundamental Analysis
USA - NASDAQ:SNCY - US8666831057 - Common Stock
12.63 USD
-0.47 (-3.59%)
12.63 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. SNCY has an excellent profitability rating, but 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. These ratings would make SNCY suitable for value investing!
1. Profitability
1.1 Basic Checks
SNCY had positive earnings in the past year.
SNCY had a positive operating cash flow in the past year.
SNCY had positive earnings in 4 of the past 5 years.
In the past 5 years SNCY always reported a positive cash flow from operatings.
1.2 Ratios
SNCY has a Return On Assets of 3.79%. This is in the better half of the industry: SNCY outperforms 71.43% of its industry peers.
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 14.49%.
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
With a decent Profit Margin value of 5.35%, SNCY is doing good in the industry, outperforming 71.43% of the companies in the same industry.
SNCY's Profit Margin has declined in the last couple of years.
SNCY's Operating Margin of 10.25% is amongst the best of the industry. SNCY outperforms 80.95% of its industry peers.
SNCY's Operating Margin has declined in the last couple of years.
SNCY's Gross Margin of 67.78% is amongst the best of the industry. SNCY outperforms 80.95% of its industry peers.
SNCY's Gross Margin has improved in the last couple of years.
| 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
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.
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 1.46, we must say that SNCY is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.46, SNCY is doing good in the industry, outperforming 71.43% of the companies in the same industry.
SNCY has a debt to FCF ratio of 4.12. This is a neutral value as SNCY would need 4.12 years to pay back of all of its debts.
SNCY's Debt to FCF ratio of 4.12 is amongst the best of the industry. SNCY outperforms 90.48% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that SNCY is somewhat dependend on debt financing.
SNCY has a better Debt to Equity ratio (0.72) than 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.12 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.77
WACC9.31%
2.3 Liquidity
SNCY has a Current Ratio of 0.63. 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 Current ratio of 0.63. This is comparable 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 (0.59) which is in line with 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 21.43% over the past year.
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 3.76%.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
EPS 1Y (TTM)21.43%
EPS 3Y50.18%
EPS 5Y3.48%
EPS Q2Q%133.33%
Revenue 1Y (TTM)3.76%
Revenue growth 3Y19.97%
Revenue growth 5Y8.93%
Sales Q2Q%3.63%
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 33.57% on average per year.
The Revenue is expected to grow by 7.97% on average over the next years.
EPS Next Y19.32%
EPS Next 2Y38.28%
EPS Next 3Y33.57%
EPS Next 5YN/A
Revenue Next Year4.3%
Revenue Next 2Y7.4%
Revenue Next 3Y7.97%
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
Based on the Price/Earnings ratio of 10.61, the valuation of SNCY can be described as reasonable.
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 27.20, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.29 indicates a rather cheap valuation of SNCY.
SNCY's Price/Forward Earnings ratio is rather cheap when compared to the industry. SNCY is cheaper than 90.48% of the companies in the same industry.
SNCY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.61 | ||
| Fwd PE | 6.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SNCY is valued a bit cheaper than 71.43% of the companies in the same industry.
90.48% 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 | 5.1 | ||
| EV/EBITDA | 4.73 |
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.
SNCY has a very decent profitability rating, which may justify a higher PE ratio.
SNCY's earnings are expected to grow with 33.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)3.05
EPS Next 2Y38.28%
EPS Next 3Y33.57%
5. Dividend
5.1 Amount
SNCY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.63
-0.47 (-3.59%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners113.45%
Inst Owner Change4%
Ins Owners4.41%
Ins Owner Change8.75%
Market Cap673.43M
Analysts80
Price Target16.83 (33.25%)
Short Float %9.48%
Short Ratio5.09
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)0%
PT rev (3m)1.32%
EPS NQ rev (1m)-20.16%
EPS NQ rev (3m)-53.66%
EPS NY rev (1m)-5.43%
EPS NY rev (3m)-17.52%
Revenue NQ rev (1m)-0.35%
Revenue NQ rev (3m)-2.22%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)-0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.61 | ||
| Fwd PE | 6.29 | ||
| P/S | 0.61 | ||
| P/FCF | 5.1 | ||
| P/OCF | 4.15 | ||
| P/B | 1.1 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 4.73 |
EPS(TTM)1.19
EY9.42%
EPS(NY)2.01
Fwd EY15.9%
FCF(TTM)2.47
FCFY19.59%
OCF(TTM)3.04
OCFY24.09%
SpS20.63
BVpS11.5
TBVpS5.92
PEG (NY)0.55
PEG (5Y)3.05
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
ROICexcg growth 3Y20.66%
ROICexcg 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 | 1.46 |
F-Score9
WACC9.31%
ROIC/WACC0.77
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)21.43%
EPS 3Y50.18%
EPS 5Y3.48%
EPS Q2Q%133.33%
EPS Next Y19.32%
EPS Next 2Y38.28%
EPS Next 3Y33.57%
EPS Next 5YN/A
Revenue 1Y (TTM)3.76%
Revenue growth 3Y19.97%
Revenue growth 5Y8.93%
Sales Q2Q%3.63%
Revenue Next Year4.3%
Revenue Next 2Y7.4%
Revenue Next 3Y7.97%
Revenue Next 5YN/A
EBIT growth 1Y8.81%
EBIT growth 3Y38.96%
EBIT growth 5Y4.46%
EBIT Next Year103.42%
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%