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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  WestJet Airlines Ltd.    WJA   CA9604102074

Analysis summary4-Traders Strategies 

WestJet Airlines Ltd. : The bullish trend is not over

11/15/2012 | 09:54am
Opinion : Bullish above CAD 18.6
Target price : CAD 22.3
Stop loss: CAD 15.9

WestJet Airlines Ltd. could reach its CAD 22.3 resistance.

The company shows strong fundamentals. Firstly, the security is undervalued compared to its peers with an EV/Sales ratio estimated at 0.86 by the Thomson Reuters consensus for this year. Moreover, the consensus revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.

From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the CAD 22.3 long term resistance.

In consequence, investors can take a long position in WestJet Airlines company with a first target price at CAD 22.3. This level is the long term resistance. A new bullish fluctuation could lead the security toward its highest level in case of breakout of this resistance. A stop loss will be fixed under the short term support at CAD 17.81.

WestJet Airlines Ltd. : WestJet Airlines Ltd. : The bullish trend is not over

© Zonebourse.com 2012

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Financial Ratios

Size 2016e 2017e
Capitalization 1 906 M CAD -
Entreprise Value (EV) 3 362 M CAD 3 252 M CAD
Valuation 2016e 2017e
P/E ratio (Price / EPS) 5,68x 5,56x
Capitalization / Revenue 0,47x 0,44x
EV / Revenue 0,83x 0,75x
EV / EBITDA 3,57x 3,41x
Yield (DPS / Price) 3,83% 4,24%
Price to book (Price / BVPS) 0,87x 0,79x
Profitability 2016e 2017e
Operating Margin (EBIT / Sales) 11,2% 11,1%
operating Leverage (Delta EBIT / Delta Sales) - 0,86x
Net Margin (Net Profit / Revenue) 8,14% 8,05%
ROA (Net Profit / Asset) 9,48% 9,81%
ROE (Net Profit / Equities) 14,6% 12,8%
Rate of Dividend 21,8% 23,6%
Balance Sheet Analysis 2016e 2017e
CAPEX / Sales   21,3% 18,6%
Cash Flow / Sales 16,5% 16,8%
Capital Intensity (Assets / Sales) 0,86x 0,82x
Financial Leverage (Net Debt / EBITDA) 1,54x 1,41x
Income Statement Evolution
More Financials
EPS Revisions