Ratings AirAsia X

Equities

AAX

MYL5238OO000

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-23 pm EDT			5-day change	1st Jan Change
1.59 ^MYR	+1.92%		0.00%	-14.97%

May. 02	Airasia X Berhad Announces Redesignation of Kamarudin Bin Meranun from Executive Director to Non Executive Director	CI
Apr. 24	Capital A chief Fernandes defers retirement, renews contract for 5 years	RE

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation
The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

Its low valuation, with P/E ratio at 8.37 and 5.93 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.48 for the 2024 fiscal year.
The company has a low valuation given the cash flows generated by its activity.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
The company is in debt and has limited leeway for investment
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Airlines

	1st Jan change	Capi.	ESG Refinitiv
AIRASIA X	-14.97%	151M	D+
DELTA AIR LINES, INC.	+28.86%	33.45B	C
RYANAIR HOLDINGS PLC	-5.85%	22.2B	B-
INTERGLOBE AVIATION LIMITED	+43.46%	19.78B	C+
SINGAPORE AIRLINES LIMITED	+1.83%	17.65B	B
UNITED AIRLINES HOLDINGS, INC.	+25.38%	17.01B	C
AIR CHINA LIMITED	-12.35%	14.96B	B+
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	+39.22%	13.63B	A-
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-2.42%	12.97B	B
CHINA EASTERN AIRLINES CORPORATION LIMITED	+1.80%	10.79B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes