Air T, Inc. (AIRT)
Total Valuation
Air T has a market cap or net worth of $47.62 million. The enterprise value is $161.42 million.
| Market Cap | 47.62M |
| Enterprise Value | 161.42M |
Important Dates
The next estimated earnings date is Friday, February 9, 2024, after market close.
| Earnings Date | Feb 9, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Air T has 2.82 million shares outstanding. The number of shares has decreased by -1.57% in one year.
| Shares Outstanding | 2.82M |
| Shares Change (YoY) | -1.57% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 50.34% |
| Owned by Institutions (%) | 25.49% |
| Float | 984,761 |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.17 |
| Forward PS | n/a |
| PB Ratio | 4.81 |
| P/FCF Ratio | 1.04 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 136.56, with an EV/FCF ratio of 3.52.
| EV / Earnings | n/a |
| EV / Sales | 0.56 |
| EV / EBITDA | 136.56 |
| EV / EBIT | n/a |
| EV / FCF | 3.52 |
Financial Position
The company has a current ratio of 1.94, with a Debt / Equity ratio of 12.21.
| Current Ratio | 1.94 |
| Quick Ratio | 0.67 |
| Debt / Equity | 12.21 |
| Debt / EBITDA | 102.35 |
| Debt / FCF | 2.64 |
| Interest Coverage | -0.32 |
Financial Efficiency
Return on equity (ROE) is -86.40% and return on invested capital (ROIC) is -3.06%.
| Return on Equity (ROE) | -86.40% |
| Return on Assets (ROA) | -6.20% |
| Return on Capital (ROIC) | -3.06% |
| Revenue Per Employee | $490,017 |
| Profits Per Employee | -$20,154 |
| Employee Count | 584 |
| Asset Turnover | 1.50 |
| Inventory Turnover | 3.25 |
Taxes
In the past 12 months, Air T has paid $1.51 million in taxes.
| Income Tax | 1.51M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -30.94% in the last 52 weeks. The beta is 0.87, so Air T's price volatility has been lower than the market average.
| Beta (1Y) | 0.87 |
| 52-Week Price Change | -30.94% |
| 50-Day Moving Average | 19.45 |
| 200-Day Moving Average | 22.76 |
| Relative Strength Index (RSI) | 45.34 |
| Average Volume (30 Days) | 3,545 |
Short Selling Information
The latest short interest is 2,452, so 0.09% of the outstanding shares have been sold short.
| Short Interest | 2,452 |
| Short Previous Month | 1,156 |
| Short % of Shares Out | 0.09% |
| Short % of Float | 0.25% |
| Short Ratio (days to cover) | 0.51 |
Income Statement
In the last 12 months, Air T had revenue of $286.17 million and -$11.77 million in losses. Loss per share was -$4.15.
| Revenue | 286.17M |
| Gross Profit | 55.09M |
| Operating Income | -4.00M |
| Pretax Income | -10.26M |
| Net Income | -11.77M |
| EBITDA | 1.18M |
| EBIT | -2.48M |
| Loss Per Share | -$4.15 |
Balance Sheet
The company has $7.18 million in cash and $120.98 million in debt, giving a net cash position of -$113.80 million or -$40.39 per share.
| Cash & Cash Equivalents | 7.18M |
| Total Debt | 120.98M |
| Net Cash | -113.80M |
| Net Cash Per Share | -$40.39 |
| Equity / Book Value | 9.90M |
| Book Value Per Share | 3.51 |
| Working Capital | 47.51M |
Cash Flow
In the last 12 months, operating cash flow was $46.75 million and capital expenditures -$944,000, giving a free cash flow of $45.81 million.
| Operating Cash Flow | 46.75M |
| Capital Expenditures | -944,000 |
| Free Cash Flow | 45.81M |
| FCF Per Share | $16.24 |
Margins
Gross margin is 19.25%, with operating and profit margins of -1.40% and -4.11%.
| Gross Margin | 19.25% |
| Operating Margin | -1.40% |
| Pretax Margin | -3.59% |
| Profit Margin | -4.11% |
| EBITDA Margin | 0.41% |
| EBIT Margin | -0.87% |
| FCF Margin | 16.01% |
Dividends & Yields
Air T does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | -24.72% |
| FCF Yield | 96.20% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.57% |
| Shareholder Yield | 1.57% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 11, 2019. It was a forward split with a ratio of 3:2.
| Last Split Date | Jun 11, 2019 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
Air T has an Altman Z-Score of 2.24 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.24 |
| Piotroski F-Score | 5 |