Ratings Air Canada

Equities

AC

CA0089118776

Market Closed - Toronto S.E. Other stock markets 21:15:15 01/05/2024 BST			5-day change	1st Jan Change
20.46 ^CAD	+0.69%		+2.66%	+9.47%

12:40pm	Air Canada Q1 Adjusted Loss Narrows, Operating Revenue Climbs	MT
12:37pm	Earnings Flash (ACDVF) AIR CANADA Reports Q1 Revenue $5.23B	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Its low valuation, with P/E ratio at 6.54 and 5.51 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 0.52 for the 2024 fiscal year.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
The company appears highly valued given the size of its balance sheet.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Airlines

	1st Jan change	Capi.	ESG Refinitiv
AIR CANADA	+9.47%	5.33B	C
DELTA AIR LINES, INC.	+24.34%	32.28B	C
RYANAIR HOLDINGS PLC	+5.74%	24.47B	B-
SINGAPORE AIRLINES LIMITED	-0.46%	19.84B	B
INTERGLOBE AVIATION LIMITED	+38.46%	18.41B	C+
UNITED AIRLINES HOLDINGS, INC.	+22.79%	16.66B	C
AIR CHINA LIMITED	-18.22%	14.36B	B+
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	+41.95%	13.85B	A-
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-9.67%	12.24B	B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	+13.65%	10.63B	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

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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

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Technical analysis

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RSI

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Unusual volumes