ALLIANCE AVIATION SERVICES LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.16 AUD | 0.00% |
|
+3.27% | -1.86% |
| 01:33am | Alliance Aviation Renews Contract with Glencore Coal for Another Three Years | MT |
| 05-01 | Alliance Aviation Services Renews Five-Year Contract with Newmont | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 323.8 | 480.6 | 730.2 | 573.8 | 462.9 | 507.9 | - | - |
| Enterprise Value (EV) 1 | 374.3 | 444.5 | 850.3 | 743 | 675.9 | 809 | 885.3 | 897.8 |
| P/E ratio | 13.8 x | 14.5 x | 21.7 x | -112 x | 12.7 x | 8.64 x | 7.66 x | 6.48 x |
| Yield | 3.41% | - | - | - | - | 0.24% | 1.77% | 5.34% |
| Capitalization / Revenue | 1.17 x | 1.61 x | 2.38 x | 1.55 x | 0.9 x | 0.81 x | 0.7 x | 0.61 x |
| EV / Revenue | 1.35 x | 1.49 x | 2.77 x | 2.01 x | 1.31 x | 1.3 x | 1.21 x | 1.08 x |
| EV / EBITDA | 5.64 x | 5.66 x | 9.68 x | 8.16 x | 5.32 x | 4.65 x | 4.47 x | 3.99 x |
| EV / FCF | 24.9 x | 33.6 x | -5.13 x | - | -12.1 x | -9.1 x | -11 x | 85.5 x |
| FCF Yield | 4.01% | 2.98% | -19.5% | - | -8.29% | -11% | -9.12% | 1.17% |
| Price to Book | 1.92 x | 1.7 x | 2.28 x | 1.83 x | 1.32 x | 1.25 x | 1.07 x | 0.94 x |
| Nbr of stocks (in thousands) | 125,517 | 158,610 | 160,489 | 160,735 | 160,735 | 160,735 | - | - |
| Reference price 2 | 2.580 | 3.030 | 4.550 | 3.570 | 2.880 | 3.160 | 3.160 | 3.160 |
| Announcement Date | 07/08/19 | 05/08/20 | 11/08/21 | 11/08/22 | 09/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 277.1 | 298.6 | 306.6 | 369.4 | 517.2 | 624.7 | 729.3 | 834.5 |
| EBITDA 1 | 66.4 | 78.6 | 87.8 | 91 | 127 | 173.9 | 198.1 | 225.1 |
| EBIT 1 | 35.6 | 43.45 | 50.92 | 50.8 | 69.43 | 102.4 | 117.6 | 136 |
| Operating Margin | 12.85% | 14.55% | 16.61% | 13.75% | 13.42% | 16.39% | 16.13% | 16.3% |
| Earnings before Tax (EBT) 1 | 32.8 | 40.7 | - | -7.1 | 52.2 | 84.95 | 96.1 | 111 |
| Net income 1 | 22.74 | 26.97 | 33.67 | -5.2 | 36.5 | 58.79 | 66.26 | 78.28 |
| Net margin | 8.2% | 9.03% | 10.98% | -1.41% | 7.06% | 9.41% | 9.09% | 9.38% |
| EPS 2 | 0.1865 | 0.2095 | 0.2092 | -0.0320 | 0.2268 | 0.3658 | 0.4123 | 0.4873 |
| Free Cash Flow 1 | 15.01 | 13.24 | -165.9 | - | -56 | -88.95 | -80.7 | 10.5 |
| FCF margin | 5.42% | 4.43% | -54.1% | - | -10.83% | -14.24% | -11.07% | 1.26% |
| FCF Conversion (EBITDA) | 22.61% | 16.84% | - | - | - | - | - | 4.66% |
| FCF Conversion (Net income) | 66.03% | 49.07% | - | - | - | - | - | 13.41% |
| Dividend per Share 2 | 0.0880 | - | - | - | - | 0.007500 | 0.0560 | 0.1689 |
| Announcement Date | 07/08/19 | 05/08/20 | 11/08/21 | 11/08/22 | 09/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2023 S1 | 2023 S2 | 2024 S1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 150.8 | 147.8 | 153.3 | 153.3 | - | 278.7 | 304.5 |
| EBITDA 1 | - | 43.9 | - | 34.9 | - | 84.72 | 80.43 |
| EBIT 1 | - | 26.01 | - | 16.28 | - | 57.54 | 45.85 |
| Operating Margin | - | 17.6% | - | 10.62% | - | 20.64% | 15.06% |
| Earnings before Tax (EBT) | - | 25.15 | - | - | - | - | - |
| Net income | - | 16.31 | - | - | 6.556 | - | - |
| Net margin | - | 11.04% | - | - | - | - | - |
| EPS | 0.0845 | - | 0.1457 | - | 0.0408 | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 05/02/20 | 05/08/20 | 10/02/21 | 11/08/21 | 08/02/23 | 09/08/23 | 07/02/24 |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 50.4 | - | 120 | 169 | 213 | 301 | 377 | 390 |
| Net Cash position 1 | - | 36.1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.7597 x | - | 1.367 x | 1.859 x | 1.677 x | 1.732 x | 1.905 x | 1.732 x |
| Free Cash Flow 1 | 15 | 13.2 | -166 | - | -56 | -89 | -80.7 | 10.5 |
| ROE (net income / shareholders' equity) | 13.9% | 12% | 11.2% | 9.97% | 11% | 14.8% | 14.3% | 14.6% |
| ROA (Net income/ Total Assets) | 7.93% | 7.32% | 6.45% | 4.95% | 5.05% | 8.31% | 8.01% | 8.04% |
| Assets 1 | 286.8 | 368.7 | 522.3 | -105 | 723.2 | 707.8 | 827.5 | 973.8 |
| Book Value Per Share 2 | 1.350 | 1.780 | 2.000 | 1.950 | 2.180 | 2.540 | 2.940 | 3.350 |
| Cash Flow per Share 2 | 0.3000 | 0.2800 | 0.2500 | 0.3300 | 0.2500 | 0.2900 | 0.8100 | 0.9600 |
| Capex 1 | 22 | 30.8 | 206 | 99.3 | 96.9 | 87.8 | 152 | 129 |
| Capex / Sales | 7.94% | 10.32% | 67.08% | 26.88% | 18.74% | 14.06% | 20.79% | 15.42% |
| Announcement Date | 07/08/19 | 05/08/20 | 11/08/21 | 11/08/22 | 09/08/23 | - | - | - |
1AUD in Million2AUD
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
3.16
AUD
Average target price
4.589
AUD
Spread / Average Target
+45.22%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.86% | 333M | |
| +29.95% | 33.69B | |
| +1.65% | 23.35B | |
| +1.37% | 20.46B | |
| +37.36% | 18.26B | |
| +28.50% | 17.32B | |
| -19.64% | 14.25B | |
| +43.37% | 14.12B | |
| -11.18% | 12.27B | |
| +18.71% | 10.94B |
- Stock Market
- Equities
- AQZ Stock
- Financials Alliance Aviation Services Limited
