SUN COUNTRY AIRLINES HOLDING (SNCY) Stock Fundamental Analysis
USA - NASDAQ:SNCY - US8666831057 - Common Stock
11.51 USD
+0.13 (+1.14%)
11.46 USD
-0.05 (-0.43%)
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. A decent growth rate in combination with a cheap valuation! Better keep an eye on SNCY. These ratings would make SNCY suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year SNCY was profitable.
SNCY had a positive operating cash flow in the past year.
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
The Return On Assets of SNCY (3.79%) is better than 71.43% of its industry peers.
SNCY has a better Return On Equity (9.61%) than 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.
Measured over the past 3 years, the Average Return On Invested Capital for SNCY is significantly below the industry average of 14.46%.
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
The Profit Margin of SNCY (5.35%) is better than 71.43% of its industry peers.
In the last couple of years the Profit Margin of SNCY has declined.
The Operating Margin of SNCY (10.25%) is better than 80.95% of its industry peers.
In the last couple of years the Operating Margin of SNCY has declined.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SNCY 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 1.41, we must say that SNCY is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.41, 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.
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.
SNCY has a better Debt to Equity ratio (0.72) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.12 | ||
| Altman-Z | 1.41 |
ROIC/WACC0.8
WACC9%
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.
Looking at the Current ratio, with a value of 0.63, SNCY is in line with its industry, outperforming 57.14% of the companies in the same industry.
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 21.43% over the past year.
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.
SNCY shows a small growth in Revenue. In the last year, the Revenue has grown by 3.76%.
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)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
The Earnings Per Share is expected to grow by 33.73% on average over the next years. This is a very strong growth
SNCY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.97% yearly.
EPS Next Y15.61%
EPS Next 2Y35.32%
EPS Next 3Y33.73%
EPS Next 5YN/A
Revenue Next Year4.2%
Revenue Next 2Y7.36%
Revenue Next 3Y7.97%
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
A Price/Earnings ratio of 9.67 indicates a reasonable valuation of SNCY.
SNCY's Price/Earnings ratio is rather cheap when compared to the industry. SNCY is cheaper than 90.48% of the companies in the same industry.
SNCY is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 5.99 indicates a rather cheap valuation of SNCY.
Based on the Price/Forward Earnings ratio, SNCY is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.92. SNCY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 5.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SNCY indicates a rather cheap valuation: SNCY is cheaper than 85.71% of the companies listed in the same industry.
SNCY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SNCY is cheaper than 95.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.65 | ||
| EV/EBITDA | 4.3 |
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 SNCY may justify a higher PE ratio.
A more expensive valuation may be justified as SNCY's earnings are expected to grow with 33.73% in the coming years.
PEG (NY)0.62
PEG (5Y)2.78
EPS Next 2Y35.32%
EPS Next 3Y33.73%
5. Dividend
5.1 Amount
SNCY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.51
+0.13 (+1.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners114.89%
Inst Owner Change0.11%
Ins Owners4.38%
Ins Owner Change16.3%
Market Cap613.71M
Revenue(TTM)1.10B
Net Income(TTM)58.89M
Analysts80
Price Target16.83 (46.22%)
Short Float %9.82%
Short Ratio5.01
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)-1.49%
EPS NQ rev (1m)-28.83%
EPS NQ rev (3m)-60.07%
EPS NY rev (1m)-3.11%
EPS NY rev (3m)-8.37%
Revenue NQ rev (1m)-0.2%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 5.99 | ||
| P/S | 0.56 | ||
| P/FCF | 4.65 | ||
| P/OCF | 3.78 | ||
| P/B | 1 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 4.3 |
EPS(TTM)1.19
EY10.34%
EPS(NY)1.92
Fwd EY16.7%
FCF(TTM)2.47
FCFY21.5%
OCF(TTM)3.04
OCFY26.44%
SpS20.63
BVpS11.5
TBVpS5.92
PEG (NY)0.62
PEG (5Y)2.78
Graham Number17.55
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 | 1.41 |
F-Score9
WACC9%
ROIC/WACC0.8
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 Y15.61%
EPS Next 2Y35.32%
EPS Next 3Y33.73%
EPS Next 5YN/A
Revenue 1Y (TTM)3.76%
Revenue growth 3Y19.97%
Revenue growth 5Y8.93%
Sales Q2Q%3.63%
Revenue Next Year4.2%
Revenue Next 2Y7.36%
Revenue Next 3Y7.97%
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 9 / 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 15.61% in the next year.