Financials Air T, Inc.

Equities

AIRT

US0092071010

Air Freight & Logistics

Market Closed - Nasdaq 04:00:00 2024-07-05 pm EDT 5-day change 1st Jan Change
21.75 USD -7.05% Intraday chart for Air T, Inc. +1.97% +28.71%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 61.11 36.44 68.5 65.45 70.63 62.64
Enterprise Value (EV) 1 103.9 123.4 152.6 203.8 202.3 180.7
P/E ratio 45.8 x 4.58 x -9.4 x 6.02 x -5.8 x -9.17 x
Yield - - - - - -
Capitalization / Revenue 0.24 x 0.15 x 0.39 x 0.37 x 0.29 x 0.22 x
EV / Revenue 0.42 x 0.52 x 0.87 x 1.15 x 0.82 x 0.63 x
EV / EBITDA 6.59 x 9.5 x -25.9 x 19.1 x 725 x 44.3 x
EV / FCF -26.2 x -1.78 x -9.17 x -5.45 x 26.6 x 9.01 x
FCF Yield -3.82% -56.1% -10.9% -18.4% 3.76% 11.1%
Price to Book 2.51 x 1.5 x 4.99 x 2.65 x 5.93 x 12.9 x
Nbr of stocks (in thousands) 3,036 2,913 2,882 2,877 2,820 2,822
Reference price 2 20.13 12.51 23.77 22.75 25.05 22.20
Announcement Date 6/28/19 6/26/20 6/25/21 6/28/22 6/27/23 6/26/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 249.8 236.8 175.1 177.1 247.3 286.8
EBITDA 1 15.77 12.98 -5.891 10.66 0.279 4.08
EBIT 1 8.086 7.272 -8.998 8.797 -3.883 1.282
Operating Margin 3.24% 3.07% -5.14% 4.97% -1.57% 0.45%
Earnings before Tax (EBT) 1 4.702 2.624 -11.78 13.4 -11.35 -3.955
Net income 1 1.34 7.656 -7.277 10.93 -12.3 -6.819
Net margin 0.54% 3.23% -4.16% 6.17% -4.97% -2.38%
EPS 2 0.4390 2.732 -2.529 3.780 -4.320 -2.422
Free Cash Flow 1 -3.968 -69.23 -16.65 -37.43 7.614 20.05
FCF margin -1.59% -29.24% -9.51% -21.14% 3.08% 6.99%
FCF Conversion (EBITDA) - - - - 2,728.94% 491.5%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 6/28/19 6/26/20 6/25/21 6/28/22 6/27/23 6/26/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 42.7 86.9 84.1 138 132 118
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.71 x 6.696 x -14.28 x 12.99 x 472.1 x 28.95 x
Free Cash Flow 1 -3.97 -69.2 -16.7 -37.4 7.61 20.1
ROE (net income / shareholders' equity) 11.6% 10.6% -32% 42.3% -37.9% -21.1%
ROA (Net income/ Total Assets) 4.76% 3.41% -3.85% 3.16% -1.22% 0.44%
Assets 1 28.14 224.5 189 346.2 1,006 -1,561
Book Value Per Share 2 8.030 8.330 4.760 8.590 4.220 1.720
Cash Flow per Share 2 4.130 2.070 3.820 1.960 2.060 2.560
Capex 1 20.5 38.7 6.01 15 1.18 1.08
Capex / Sales 8.19% 16.34% 3.43% 8.45% 0.48% 0.38%
Announcement Date 6/28/19 6/26/20 6/25/21 6/28/22 6/27/23 6/26/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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