SkyWest Inc

Find Ratings Reports
SKYW : NASDAQ : Services
$34.95 -0.9 | -2.5%
Today's Range: 35.05 - 35.85
Avg. Daily Volume: 407400.0
04/27/17 - 11:40 AM ET

Financial Analysis


SKYWEST INC's gross profit margin for the fourth quarter of its fiscal year 2016 has increased when compared to the same period a year ago. Sales and net income have dropped, although the growth in net income underperformed the average competitor within the industry, the revenue growth did not. SKYWEST INC has weak liquidity. Currently, the Quick Ratio is 0.83 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.

During the same period, stockholders' equity ("net worth") has decreased by 10.32% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q4 FY16 Q4 FY15
Net Sales ($mil)758.02760.6
EBITDA ($mil)136.72127.63
EBIT ($mil)61.1960.07
Net Income ($mil)-270.2540.45


Balance Sheet Q4 FY16 Q4 FY15
Cash & Equiv. ($mil)564.91497.92
Total Assets ($mil)5137.254802.89
Total Debt ($mil)2545.511948.8
Equity ($mil)1350.941506.44


Profitability Q4 FY16 Q4 FY15
Gross Profit Margin18.0416.78
EBITDA Margin18.0316.77
Operating Margin8.077.9
Sales Turnover0.610.65
Return on Assets-3.142.45
Return on Equity-11.967.82
Debt Q4 FY16 Q4 FY15
Current Ratio1.41.35
Debt/Capital0.650.56
Interest Expense22.319.39
Interest Coverage2.743.1


Share Data Q4 FY16 Q4 FY15
Shares outstanding (mil)51.7751.01
Div / share0.050.04
EPS-5.220.78
Book value / share26.129.54
Institutional Own % n/a n/a
Avg Daily Volume392281.0364196.0

Valuation


HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 1.33 indicates a significant discount versus the S&P 500 average of 2.99 and a significant discount versus the industry average of 3.53. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, SKYWEST INC proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
SKYW NM Peers 16.22   SKYW 3.55 Peers 6.68

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

SKYW's P/E is negative making this valuation measure meaningless.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

SKYW is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
SKYW 9.99 Peers 14.20   SKYW NA Peers 2.60

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

SKYW is trading at a discount to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
SKYW 1.33 Peers 3.53   SKYW -237.71 Peers -7.67

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

SKYW is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, SKYW is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
SKYW 0.58 Peers 1.31   SKYW 0.57 Peers 2.60

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

SKYW is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

SKYW significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades