Financials Wizz Air Holdings Plc

Equities

WIZZ

JE00BN574F90

Airlines

Market Closed - London S.E. 11:35:20 2024-04-26 am EDT 5-day change 1st Jan Change
2,198 GBX +3.88% Intraday chart for Wizz Air Holdings Plc +2.42% -0.59%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,546 2,216 4,853 3,539 3,492 2,651 - -
Enterprise Value (EV) 1 1,259 2,945 6,543 6,287 7,385 6,923 6,975 7,262
P/E ratio 15.1 x 11.7 x -8.42 x -5.42 x -6.67 x 9 x 6.24 x 5.68 x
Yield - - - - - - - -
Capitalization / Revenue 1.1 x 0.8 x 6.57 x 2.13 x 0.9 x 0.52 x 0.48 x 0.38 x
EV / Revenue 0.54 x 1.07 x 8.85 x 3.78 x 1.9 x 1.35 x 1.26 x 1.04 x
EV / EBITDA 3.21 x 3.76 x -35.8 x -331 x 55 x 5.84 x 4.47 x 3.91 x
EV / FCF 5.93 x 9.21 x -10.2 x -36.2 x -33.9 x 11.1 x 7.93 x 7.72 x
FCF Yield 16.9% 10.9% -9.78% -2.76% -2.95% 9.04% 12.6% 13%
Price to Book 2.91 x 2.67 x 5.36 x 13 x -9.43 x -2,775 x 5.82 x 2.79 x
Nbr of stocks (in thousands) 72,757 85,395 85,635 103,073 103,276 103,361 - -
Reference price 2 34.99 25.95 56.67 34.33 33.81 25.64 25.64 25.64
Announcement Date 5/31/19 6/3/20 6/2/21 6/8/22 6/8/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,319 2,761 739 1,663 3,896 5,116 5,514 6,968
EBITDA 1 392.5 783.4 -182.8 -19 134.3 1,185 1,561 1,855
EBIT 1 299.8 338.3 -528.1 -465.3 -466.8 429.9 707.5 814.8
Operating Margin 12.93% 12.25% -71.46% -27.97% -11.98% 8.4% 12.83% 11.69%
Earnings before Tax (EBT) 1 300.2 294.1 -566.5 -641.5 -564.6 403.3 537.2 611.9
Net income 1 291.6 281.1 -572.1 -631.8 -523 356.8 518.6 547.5
Net margin 12.57% 10.18% -77.42% -37.98% -13.43% 6.98% 9.41% 7.86%
EPS 2 2.310 2.220 -6.730 -6.330 -5.070 2.848 4.107 4.511
Free Cash Flow 1 212.2 319.7 -639.8 -173.8 -218 625.8 879 941.1
FCF margin 9.15% 11.58% -86.58% -10.45% -5.6% 12.23% 15.94% 13.5%
FCF Conversion (EBITDA) 54.06% 40.81% - - - 52.81% 56.31% 50.72%
FCF Conversion (Net income) 72.77% 113.73% - - - 175.36% 169.49% 171.87%
Dividend per Share 2 - - - - - - - -
Announcement Date 5/31/19 6/3/20 6/2/21 6/8/22 6/8/23 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 471.2 199 681.4 - 408.4 374.6 808.8 1,385 2,194 911.7 790.2 1,237 1,816 - 1,065 989.8 1,309 1,921 1,127
EBITDA 1 -80.9 -17.8 182.1 - -87.5 -95.8 -154.4 372.2 - -2.8 -80.7 236.7 641.4 - 18.7 275.9 334.1 806.9 113.6
EBIT 1 -147.4 -108.6 52.4 - -213.6 -195.5 -284.5 220.7 -63.8 -155.5 -247.5 79.9 443 - -180.4 74.79 139.5 612.4 -92.83
Operating Margin -31.28% -54.57% 7.69% - -52.3% -52.19% -35.18% 15.94% -2.91% -17.06% -31.32% 6.46% 24.4% - -16.94% 7.56% 10.66% 31.88% -8.23%
Earnings before Tax (EBT) 1 - - -6.1 - -266.1 -255.8 -451.1 61.4 - 36.4 -211.3 67.1 - - -118.4 26.67 - - -
Net income 1 - -114.4 -6.5 -120.9 -264.9 -250.6 -452.5 77.7 - 38.2 -186.4 61.1 344 405.1 -113.1 65.99 96.59 522.2 -118.2
Net margin - -57.49% -0.95% - -64.86% -66.9% -55.95% 5.61% - 4.19% -23.59% 4.94% 18.95% - -10.62% 6.67% 7.38% 27.18% -10.48%
EPS 2 - -0.8967 -0.3800 - -2.079 -2.971 -3.544 0.0865 - 0.2991 - 0.4784 2.702 - -0.4405 0.5196 0.7598 4.092 -0.9223
Dividend per Share 2 - - - - - - - - - - - - - - - - - - -
Announcement Date 11/5/20 7/28/21 11/4/21 11/4/21 1/26/22 6/8/22 7/27/22 11/2/22 11/2/22 1/26/23 6/8/23 8/3/23 11/9/23 11/9/23 1/25/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 729 1,690 2,748 3,893 4,272 4,324 4,611
Net Cash position 1 1,287 - - - - - - -
Leverage (Debt/EBITDA) - 0.9304 x -9.244 x -144.6 x 28.99 x 3.605 x 2.77 x 2.485 x
Free Cash Flow 1 212 320 -640 -174 -218 626 879 941
ROE (net income / shareholders' equity) 21.3% 28.3% -53.5% -106% - - 175% 67.6%
ROA (Net income/ Total Assets) 12.6% 8.31% -12.6% -12.5% -8.44% 4.8% 6.23% 5.89%
Assets 1 2,320 3,384 4,540 5,039 6,195 7,431 8,321 9,290
Book Value Per Share 2 12.00 9.700 10.60 2.640 -3.590 -0.0100 4.400 9.190
Cash Flow per Share 2 3.200 6.070 -2.630 3.710 4.230 2.980 8.870 6.460
Capex 1 195 452 415 544 640 430 495 669
Capex / Sales 8.4% 16.38% 56.18% 32.73% 16.43% 8.41% 8.98% 9.6%
Announcement Date 5/31/19 6/3/20 6/2/21 6/8/22 6/8/23 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
25.64 EUR
Average target price
31.36 EUR
Spread / Average Target
+22.27%
Consensus
  1. Stock Market
  2. Equities
  3. WIZZ Stock
  4. Financials Wizz Air Holdings Plc