Financials Air T, Inc.

Equities

AIRT

US0092071010

Air Freight & Logistics

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
24.22 USD -7.27% Intraday chart for Air T, Inc. +4.31% +43.32%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 51.68 61.11 36.44 68.5 65.45 70.63
Enterprise Value (EV) 1 93.65 103.9 123.4 152.6 203.8 202.3
P/E ratio 22.8 x 45.8 x 4.58 x -9.4 x 6.02 x -5.8 x
Yield - - - - - -
Capitalization / Revenue 0.27 x 0.24 x 0.15 x 0.39 x 0.37 x 0.29 x
EV / Revenue 0.48 x 0.42 x 0.52 x 0.87 x 1.15 x 0.82 x
EV / EBITDA 13.5 x 6.59 x 9.5 x -25.9 x 19.1 x 725 x
EV / FCF -3.48 x -26.2 x -1.78 x -9.17 x -5.45 x 26.6 x
FCF Yield -28.7% -3.82% -56.1% -10.9% -18.4% 3.76%
Price to Book 2.06 x 2.51 x 1.5 x 4.99 x 2.65 x 5.93 x
Nbr of stocks (in thousands) 3,064 3,036 2,913 2,882 2,877 2,820
Reference price 2 16.87 20.13 12.51 23.77 22.75 25.05
Announcement Date 6/29/18 6/28/19 6/26/20 6/25/21 6/28/22 6/27/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 194.5 249.8 236.8 175.1 177.1 247.3
EBITDA 1 6.924 15.77 12.98 -5.891 10.66 0.279
EBIT 1 4.246 8.086 7.272 -8.998 8.797 -3.883
Operating Margin 2.18% 3.24% 3.07% -5.14% 4.97% -1.57%
Earnings before Tax (EBT) 1 2.652 4.702 2.624 -11.78 13.4 -11.35
Net income 1 2.277 1.34 7.656 -7.277 10.93 -12.3
Net margin 1.17% 0.54% 3.23% -4.16% 6.17% -4.97%
EPS 2 0.7400 0.4390 2.732 -2.529 3.780 -4.320
Free Cash Flow 1 -26.91 -3.968 -69.23 -16.65 -37.43 7.614
FCF margin -13.83% -1.59% -29.24% -9.51% -21.14% 3.08%
FCF Conversion (EBITDA) - - - - - 2,728.94%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 6/29/18 6/28/19 6/26/20 6/25/21 6/28/22 6/27/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 42 42.7 86.9 84.1 138 132
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.06 x 2.71 x 6.696 x -14.28 x 12.99 x 472.1 x
Free Cash Flow 1 -26.9 -3.97 -69.2 -16.7 -37.4 7.61
ROE (net income / shareholders' equity) 9.86% 11.6% 10.6% -32% 42.3% -37.9%
ROA (Net income/ Total Assets) 3.27% 4.76% 3.41% -3.85% 3.16% -1.22%
Assets 1 69.72 28.14 224.5 189 346.2 1,006
Book Value Per Share 2 8.190 8.030 8.330 4.760 8.590 4.220
Cash Flow per Share 2 1.570 4.130 2.070 3.820 1.960 2.060
Capex 1 20.2 20.5 38.7 6.01 15 1.18
Capex / Sales 10.39% 8.19% 16.34% 3.43% 8.45% 0.48%
Announcement Date 6/29/18 6/28/19 6/26/20 6/25/21 6/28/22 6/27/23
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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