Financials Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Nyse

Equities

VLRS

US21240E1055

Airlines

Market Closed - Nyse 04:00:02 2024-07-12 pm EDT 5-day change 1st Jan Change
6.64 USD +3.27% Intraday chart for Controladora Vuela Compañía de Aviación, S.A.B. de C.V. +6.92% -29.21%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,015 28,881 42,838 19,017 17,735 13,391 - -
Enterprise Value (EV) 1 57,394 68,263 77,233 60,699 65,154 63,211 61,182 70,403
P/E ratio 7.58 x -5.9 x 20.2 x -29.6 x 93.5 x 9.62 x 4.91 x 3.19 x
Yield - - - - - - - -
Capitalization / Revenue 0.58 x 1.3 x 0.96 x 0.36 x 0.32 x 0.25 x 0.23 x 0.2 x
EV / Revenue 1.65 x 3.08 x 1.73 x 1.16 x 1.17 x 1.2 x 1.07 x 1.07 x
EV / EBITDA 5.37 x 19.5 x 4.72 x 5.63 x 4.62 x 3.79 x 3.39 x 3.32 x
EV / FCF 8.29 x 79.5 x 6.39 x 12.7 x - 11.4 x 3.73 x -
FCF Yield 12.1% 1.26% 15.7% 7.88% - 8.79% 26.8% -
Price to Book 3.67 x 9.05 x 6.56 x 3.74 x 4.48 x 2.16 x 1.78 x 1.17 x
Nbr of stocks (in thousands) 1,011,877 1,165,977 1,165,977 1,165,977 1,108,463 1,151,451 - -
Reference price 2 19.78 24.77 36.74 16.31 16.00 11.63 11.63 11.63
Announcement Date 2/26/20 2/19/21 2/24/22 2/22/23 2/26/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 34,753 22,160 44,662 52,352 55,790 52,746 57,230 65,519
EBITDA 1 10,695 3,498 16,375 10,776 14,089 16,695 18,027 21,218
EBIT 1 4,355 -3,254 8,066 809.1 3,817 6,152 6,380 7,626
Operating Margin 12.53% -14.68% 18.06% 1.55% 6.84% 11.66% 11.15% 11.64%
Earnings before Tax (EBT) 1 3,734 -5,700 2,714 -2,317 136.9 2,615 2,929 4,478
Net income 1 2,639 -4,294 2,121 -551.7 136.9 1,552 1,713 3,916
Net margin 7.59% -19.38% 4.75% -1.05% 0.25% 2.94% 2.99% 5.98%
EPS 2 2.610 -4.200 1.820 -0.5517 0.1712 1.209 2.369 3.646
Free Cash Flow 1 6,925 858.1 12,094 4,781 - 5,555 16,383 -
FCF margin 19.93% 3.87% 27.08% 9.13% - 10.53% 28.63% -
FCF Conversion (EBITDA) 64.75% 24.53% 73.85% 44.37% - 33.27% 90.88% -
FCF Conversion (Net income) 262.43% - 570.19% - - 357.92% 956.16% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/26/20 2/19/21 2/24/22 2/22/23 2/26/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 13,954 11,601 14,274 15,346 15,079 13,189 13,161 15,481 15,390 13,152 12,850 13,849 13,910 11,787
EBITDA 1 5,161 1,985 2,210 3,492 3,806 2,219 3,568 3,779 4,810 4,024 4,113 4,525 5,038 3,381
EBIT 1 3,032 -634.3 -413.1 698.5 1,103 -559.3 858.3 712 2,807 1,781 1,087 1,522 1,718 -64.82
Operating Margin 21.73% -5.47% -2.89% 4.55% 7.32% -4.24% 6.52% 4.6% 18.24% 13.54% 8.46% 10.99% 12.35% -0.55%
Earnings before Tax (EBT) 1 -600 -1,330 -1,673 -179.6 514.9 -1,732 134.6 -620.7 2,208 804.9 62.84 349.3 524.8 -
Net income 1 -200 -1,003 -1,012 798.2 514.9 -1,281 101 -712 1,917 565.1 58.21 276.1 439.7 -1,243
Net margin -1.43% -8.64% -7.09% 5.2% 3.41% -9.71% 0.77% -4.6% 12.46% 4.3% 0.45% 1.99% 3.16% -10.55%
EPS 2 - - - 0.5987 - -1.083 - -0.5477 1.712 0.5138 0.1104 0.2840 0.5049 -0.9782
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/24/22 4/27/22 7/21/22 10/25/22 2/22/23 4/25/23 7/24/23 10/24/23 2/26/24 4/22/24 - - - -
1MXN in Million2MXN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 37,379 39,382 34,395 41,682 47,419 49,819 47,791 57,011
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.495 x 11.26 x 2.1 x 3.868 x 3.366 x 2.984 x 2.651 x 2.687 x
Free Cash Flow 1 6,925 858 12,094 4,781 - 5,555 16,383 -
ROE (net income / shareholders' equity) 65.4% -89.6% 83.2% -10.2% 3.35% 35% 30% 34.1%
ROA (Net income/ Total Assets) 4.4% -6.53% 5.16% -0.71% 0.17% 0.7% 1.64% -
Assets 1 60,017 65,745 41,089 78,161 82,450 221,486 104,393 -
Book Value Per Share 2 5.390 2.740 5.600 4.360 3.570 5.370 6.520 9.920
Cash Flow per Share 2 9.360 4.270 13.60 9.670 10.70 5.700 6.860 10.40
Capex 1 2,584 3,501 3,775 6,229 - 5,962 8,650 6,243
Capex / Sales 7.44% 15.8% 8.45% 11.9% - 11.3% 15.11% 9.53%
Announcement Date 2/26/20 2/19/21 2/24/22 2/22/23 2/26/24 - - -
1MXN in Million2MXN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
11.63 MXN
Average target price
21.21 MXN
Spread / Average Target
+82.41%
Consensus
  1. Stock Market
  2. Equities
  3. VOLAR A Stock
  4. VLRS Stock
  5. Financials Controladora Vuela Compañía de Aviación, S.A.B. de C.V.