SURF AIR MOBILITY INC (SRFM)

US8689271042 - Common Stock

4.04  -0.32 (-7.34%)

After market: 4.1101 +0.07 (+1.74%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to SRFM. SRFM was compared to 23 industry peers in the Passenger Airlines industry. SRFM has a bad profitability rating. Also its financial health evaluation is rather negative. SRFM is quite expensive at the moment. It does show a decent growth rate.



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1. Profitability

1.1 Basic Checks

In the past year SRFM has reported negative net income.
In the past year SRFM has reported a negative cash flow from operations.

1.2 Ratios

SRFM has a worse Return On Assets (-191.22%) than 86.96% of its industry peers.
Industry RankSector Rank
ROA -191.22%
ROE N/A
ROIC N/A
ROA(3y)-413.98%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

Looking at the Gross Margin, with a value of 8.85%, SRFM is doing worse than 78.26% of the companies in the same industry.
The Profit Margin and Operating Margin are not available for SRFM so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 8.85%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A

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2. Health

2.1 Basic Checks

SRFM does not have a ROIC to compare to the WACC, probably because it is not profitable.
SRFM has less shares outstanding than it did 1 year ago.
SRFM has a better debt/assets ratio than last year.

2.2 Solvency

SRFM has an Altman-Z score of -13.73. This is a bad value and indicates that SRFM is not financially healthy and even has some risk of bankruptcy.
SRFM's Altman-Z score of -13.73 is on the low side compared to the rest of the industry. SRFM is outperformed by 86.96% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -13.73
ROIC/WACCN/A
WACC7.93%

2.3 Liquidity

SRFM has a Current Ratio of 0.11. This is a bad value and indicates that SRFM is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.11, SRFM is not doing good in the industry: 95.65% of the companies in the same industry are doing better.
A Quick Ratio of 0.11 indicates that SRFM may have some problems paying its short term obligations.
SRFM's Quick ratio of 0.11 is on the low side compared to the rest of the industry. SRFM is outperformed by 95.65% of its industry peers.
Industry RankSector Rank
Current Ratio 0.11
Quick Ratio 0.11

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3. Growth

3.1 Past

The earnings per share for SRFM have decreased strongly by -34.27% in the last year.
SRFM shows a strong growth in Revenue. In the last year, the Revenue has grown by 119.11%.
Measured over the past years, SRFM shows a very strong growth in Revenue. The Revenue has been growing by 100.56% on average per year.
EPS 1Y (TTM)-34.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%90.13%
Revenue 1Y (TTM)119.11%
Revenue growth 3Y100.56%
Revenue growth 5YN/A
Sales Q2Q%29.22%

3.2 Future

The Earnings Per Share is expected to grow by 16.76% on average over the next years. This is quite good.
SRFM is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 33.68% yearly.
EPS Next Y9.57%
EPS Next 2Y24.58%
EPS Next 3Y15.1%
EPS Next 5Y16.76%
Revenue Next Year8.16%
Revenue Next 2Y26.29%
Revenue Next 3Y31.9%
Revenue Next 5Y33.68%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.

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4. Valuation

4.1 Price/Earnings Ratio

SRFM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year SRFM is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

SRFM's earnings are expected to grow with 15.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y24.58%
EPS Next 3Y15.1%

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5. Dividend

5.1 Amount

No dividends for SRFM!.
Industry RankSector Rank
Dividend Yield N/A

SURF AIR MOBILITY INC

NYSE:SRFM (1/13/2025, 8:04:01 PM)

After market: 4.1101 +0.07 (+1.74%)

4.04

-0.32 (-7.34%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)11-14 2024-11-14/amc
Earnings (Next)N/A N/A
Inst Owners29.79%
Inst Owner Change-0.04%
Ins Owners4.99%
Ins Owner Change33.45%
Market Cap64.48M
Analysts80
Price Target12.75 (215.59%)
Short Float %6.29%
Short Ratio1.46
Dividend
Industry RankSector Rank
Dividend Yield N/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)5.56%
Min EPS beat(2)-1.1%
Max EPS beat(2)12.23%
EPS beat(4)1
Avg EPS beat(4)-61.66%
Min EPS beat(4)-147.68%
Max EPS beat(4)12.23%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.83%
Min Revenue beat(2)5.8%
Max Revenue beat(2)7.87%
Revenue beat(4)4
Avg Revenue beat(4)4.78%
Min Revenue beat(4)2.41%
Max Revenue beat(4)7.87%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)7.76%
PT rev (3m)7.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-266.15%
EPS NY rev (1m)0%
EPS NY rev (3m)18.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.07%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.55
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-10.81
EYN/A
EPS(NY)-3.63
Fwd EYN/A
FCF(TTM)-3.16
FCFYN/A
OCF(TTM)-3.14
OCFYN/A
SpS7.41
BVpS-8.5
TBVpS-10
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -191.22%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 8.85%
FCFM N/A
ROA(3y)-413.98%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover1.21
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 5.49%
Cap/Sales 0.37%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.11
Quick Ratio 0.11
Altman-Z -13.73
F-Score3
WACC7.93%
ROIC/WACCN/A
Cap/Depr(3y)86.88%
Cap/Depr(5y)N/A
Cap/Sales(3y)5.51%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%90.13%
EPS Next Y9.57%
EPS Next 2Y24.58%
EPS Next 3Y15.1%
EPS Next 5Y16.76%
Revenue 1Y (TTM)119.11%
Revenue growth 3Y100.56%
Revenue growth 5YN/A
Sales Q2Q%29.22%
Revenue Next Year8.16%
Revenue Next 2Y26.29%
Revenue Next 3Y31.9%
Revenue Next 5Y33.68%
EBIT growth 1Y16%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year39.57%
EBIT Next 3Y17.11%
EBIT Next 5Y22.35%
FCF growth 1Y-154.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-129.57%
OCF growth 3YN/A
OCF growth 5YN/A