Financials Jet2 plc

Equities

DTG

GB00B1722W11

Airlines

Market Closed - London S.E. 11:35:12 2024-06-07 am EDT 5-day change 1st Jan Change
1,319 GBX +0.92% Intraday chart for Jet2 plc -0.68% +5.60%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,180 820.5 2,721 2,457 2,818 2,832 - -
Enterprise Value (EV) 1 889.2 591.4 2,660 1,799 1,568 1,265 761.1 363.5
P/E ratio 8.12 x 7.08 x -8.39 x -7.79 x 10.4 x 7.69 x 7.48 x 7.13 x
Yield 1.29% 0.54% - - 0.84% 0.94% 1.01% 1.09%
Capitalization / Revenue 0.38 x 0.23 x 6.88 x 2 x 0.56 x 0.45 x 0.39 x 0.36 x
EV / Revenue 0.28 x 0.16 x 6.73 x 1.46 x 0.31 x 0.2 x 0.11 x 0.05 x
EV / EBITDA 2.64 x 1.19 x -15.5 x -10.9 x 2.7 x 1.88 x 1.05 x 0.46 x
EV / FCF 6.42 x 2.55 x -3.05 x 2.8 x 2.08 x 1.82 x 1.49 x 0.75 x
FCF Yield 15.6% 39.2% -32.8% 35.7% 48.2% 55.1% 67.2% 133%
Price to Book - 1.3 x 2.36 x 2.74 x 2.78 x 2.07 x 1.63 x 1.34 x
Nbr of stocks (in thousands) 148,753 148,909 214,561 214,619 214,681 214,681 - -
Reference price 2 7.935 5.510 12.68 11.45 13.12 13.19 13.19 13.19
Announcement Date 7/11/19 7/9/20 7/8/21 7/7/22 7/6/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,143 3,585 395.4 1,232 5,034 6,283 7,188 7,811
EBITDA 1 337.2 498.2 -171.6 -165.6 581.8 672.9 727.3 789
EBIT 1 203.4 293 -336.1 -323.9 394 435.1 461 496.5
Operating Margin 6.47% 8.17% -85% -26.3% 7.83% 6.93% 6.41% 6.36%
Earnings before Tax (EBT) 1 177.5 153.2 -373.8 -376.2 390.8 519 535.9 562.4
Net income 1 - 116 -271.2 -315.4 290.8 394.1 406.6 426.7
Net margin - 3.24% -68.59% -25.61% 5.78% 6.27% 5.66% 5.46%
EPS 2 0.9768 0.7778 -1.512 -1.470 1.266 1.716 1.763 1.850
Free Cash Flow 1 138.6 231.8 -872.2 642.6 755.5 696.6 511.4 481.9
FCF margin 4.41% 6.47% -220.59% 52.17% 15.01% 11.09% 7.11% 6.17%
FCF Conversion (EBITDA) 41.1% 46.53% - - 129.86% 103.52% 70.31% 61.08%
FCF Conversion (Net income) - 199.83% - - 259.8% 176.73% 125.77% 112.93%
Dividend per Share 2 0.1020 0.0300 - - 0.1100 0.1244 0.1336 0.1436
Announcement Date 7/11/19 7/9/20 7/8/21 7/7/22 7/6/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 S1 2023 S1 2024 S1
Net sales 1 429.6 3,568 4,407
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - 450.7 -
Net income - - -
Net margin - - -
EPS - - -
Dividend per Share - - -
Announcement Date 11/18/21 11/24/22 11/23/23
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 291 229 60.7 658 1,250 1,567 2,071 2,468
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 139 232 -872 643 756 697 511 482
ROE (net income / shareholders' equity) - 20.2% -33.9% -33.9% 30.5% 32.4% 25.4% 21.8%
ROA (Net income/ Total Assets) - - - - - 8.3% 7.44% 6.97%
Assets 1 - - - - - 4,747 5,467 6,124
Book Value Per Share 2 - 4.250 5.370 4.180 4.720 6.370 8.070 9.840
Cash Flow per Share 2 2.960 2.970 -4.650 3.500 3.950 4.050 3.550 3.730
Capex 1 302 211 37.4 108 197 412 372 408
Capex / Sales 9.62% 5.89% 9.46% 8.8% 3.91% 6.56% 5.18% 5.23%
Announcement Date 7/11/19 7/9/20 7/8/21 7/7/22 7/6/23 - - -
1GBP in Million2GBP
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
13.19 GBP
Average target price
19 GBP
Spread / Average Target
+44.05%
Consensus

Quarterly revenue - Rate of surprise