AIR TRANSPORT SERVICES GROUP, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.91 USD | +1.41% |
|
+2.14% | -26.69% |
| Apr. 26 | Lufthansa to Propose Additional Remedies for EU Concerns Over EUR325 Million ITA Deal | MT |
| Apr. 26 | Lufthansa to Propose Additional Remedies for EU Concerns Over EUR325 Million ITA Deal | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,382 | 1,851 | 2,165 | 1,878 | 1,142 | 842.3 | - | - |
| Enterprise Value (EV) 1 | 2,820 | 3,291 | 3,395 | 3,316 | 1,142 | 2,566 | 2,491 | 842.3 |
| P/E ratio | 30.1 x | 74.6 x | 10.5 x | 11.5 x | 21.5 x | 20.7 x | 13.3 x | 7.73 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.95 x | 1.18 x | 1.25 x | 0.92 x | 0.55 x | 0.42 x | 0.41 x | 0.38 x |
| EV / Revenue | 1.94 x | 2.1 x | 1.96 x | 1.62 x | 0.55 x | 1.29 x | 1.21 x | 0.38 x |
| EV / EBITDA | 6.24 x | 6.62 x | 6.27 x | 5.17 x | 2.03 x | 5.05 x | 4.64 x | 1.44 x |
| EV / FCF | -49.9 x | 1,746 x | 43.1 x | -26 x | - | 82.3 x | 24.1 x | - |
| FCF Yield | -2.01% | 0.06% | 2.32% | -3.84% | - | 1.22% | 4.16% | - |
| Price to Book | 3.02 x | 2.18 x | 1.65 x | 1.33 x | - | 0.61 x | 0.58 x | - |
| Nbr of stocks (in thousands) | 58,917 | 59,072 | 73,681 | 72,288 | 64,832 | 65,243 | - | - |
| Reference price 2 | 23.46 | 31.34 | 29.38 | 25.98 | 17.61 | 12.91 | 12.91 | 12.91 |
| Announcement Date | 3/2/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,452 | 1,571 | 1,734 | 2,045 | 2,071 | 1,996 | 2,056 | 2,213 |
| EBITDA 1 | 452.1 | 497 | 541.1 | 640.8 | 561.6 | 507.9 | 537.1 | 584 |
| EBIT 1 | 177 | 206.4 | 232.7 | 309.7 | 218.6 | 140.8 | 159.6 | 180.1 |
| Operating Margin | 12.19% | 13.14% | 13.41% | 15.14% | 10.56% | 7.05% | 7.76% | 8.14% |
| Earnings before Tax (EBT) 1 | 71.57 | 41.39 | 301.2 | 260.5 | 84.24 | 54.44 | 80.49 | 92.5 |
| Net income 1 | 61.2 | 32.12 | 231.4 | 198.6 | 60.33 | 40.25 | 59.62 | 65.6 |
| Net margin | 4.21% | 2.04% | 13.34% | 9.71% | 2.91% | 2.02% | 2.9% | 2.96% |
| EPS 2 | 0.7800 | 0.4200 | 2.800 | 2.260 | 0.8200 | 0.6240 | 0.9680 | 1.670 |
| Free Cash Flow 1 | -56.56 | 1.885 | 78.81 | -127.3 | - | 31.19 | 103.6 | - |
| FCF margin | -3.9% | 0.12% | 4.54% | -6.22% | - | 1.56% | 5.04% | - |
| FCF Conversion (EBITDA) | - | 0.38% | 14.56% | - | - | 6.14% | 19.29% | - |
| FCF Conversion (Net income) | - | 5.87% | 34.05% | - | - | 77.5% | 173.74% | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/2/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 466 | 482.4 | 485.9 | 509.7 | 516.9 | 533 | 501.1 | 529.3 | 523.1 | 517 | 479.8 | 507.4 | 516.5 | 512 | 507.4 |
| EBITDA 1 | 153 | 154.8 | 157.7 | 157.7 | 162.7 | 162.7 | 138 | 157.1 | 136.6 | 129.9 | 118.6 | 128 | 131 | 130.7 | 130.5 |
| EBIT 1 | 69.44 | 70.75 | 69.79 | 76.34 | 79.44 | 78.35 | 47.42 | 69.74 | 50.32 | 40.58 | 28.42 | 36.88 | 38.77 | 36.63 | 35.7 |
| Operating Margin | 14.9% | 14.67% | 14.37% | 14.98% | 15.37% | 14.7% | 9.46% | 13.18% | 9.62% | 7.85% | 5.92% | 7.27% | 7.51% | 7.16% | 7.04% |
| Earnings before Tax (EBT) 1 | 81.24 | 60.64 | 65.08 | 69.25 | 64.92 | 61.24 | 26.57 | 49.74 | 23.52 | -15.59 | 6.475 | 15.43 | 17.28 | 15.22 | 15.4 |
| Net income 1 | 64.67 | 44.52 | 49.8 | 55.09 | 51.04 | 42.65 | 20.14 | 38.02 | 17.17 | -15.01 | 4.798 | 11.41 | 12.77 | 11.23 | 11.65 |
| Net margin | 13.88% | 9.23% | 10.25% | 10.81% | 9.87% | 8% | 4.02% | 7.18% | 3.28% | -2.9% | 1% | 2.25% | 2.47% | 2.19% | 2.3% |
| EPS 2 | 0.8100 | 0.5700 | 0.5700 | 0.6100 | 0.5700 | 0.5000 | 0.2500 | 0.4900 | 0.2400 | -0.2400 | 0.0740 | 0.1760 | 0.1980 | 0.1800 | 0.2100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/24/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/23/23 | 5/4/23 | 8/3/23 | 11/6/23 | 2/26/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,438 | 1,439 | 1,230 | 1,438 | - | 1,724 | 1,649 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.181 x | 2.896 x | 2.273 x | 2.244 x | - | 3.394 x | 3.07 x | - |
| Free Cash Flow 1 | -56.6 | 1.89 | 78.8 | -127 | - | 31.2 | 104 | - |
| ROE (net income / shareholders' equity) | 23.4% | 18.6% | 12% | 14.5% | - | 2.6% | 3.5% | - |
| ROA (Net income/ Total Assets) | 3.97% | 4.21% | - | - | - | 0.9% | 1.3% | - |
| Assets 1 | 1,542 | 762.2 | - | - | - | 4,472 | 4,586 | - |
| Book Value Per Share 2 | 7.760 | 14.40 | 17.80 | 19.50 | - | 21.20 | 22.20 | - |
| Cash Flow per Share 2 | 5.720 | 8.550 | 7.660 | 5.350 | - | 6.300 | 7.000 | - |
| Capex 1 | 454 | 510 | 505 | 599 | - | 410 | 375 | - |
| Capex / Sales | 31.23% | 32.5% | 29.1% | 29.31% | - | 20.53% | 18.24% | - |
| Announcement Date | 3/2/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
12.91
USD
Average target price
19.17
USD
Spread / Average Target
+48.46%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.69% | 842M | |
| -3.00% | 1.41B | |
| 0.00% | 737M | |
| +11.59% | 399M | |
| -13.07% | 183M | |
| -6.25% | 64.07M |
- Stock Market
- Equities
- ATSG Stock
- Financials Air Transport Services Group, Inc.
