Air Arabia PJSC, together with its subsidiaries, provides air travel services.
Air Arabia PJSC Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.إ1.37|
|52 Week High||د.إ1.07|
|52 Week Low||د.إ1.45|
|1 Month Change||-1.44%|
|3 Month Change||1.48%|
|1 Year Change||24.55%|
|3 Year Change||37.00%|
|5 Year Change||5.39%|
|Change since IPO||24.55%|
Recent News & Updates
Be Wary Of Air Arabia PJSC (DFM:AIRARABIA) And Its Returns On Capital
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysts Just Slashed Their Air Arabia PJSC (DFM:AIRARABIA) EPS Numbers
Market forces rained on the parade of Air Arabia PJSC ( DFM:AIRARABIA ) shareholders today, when the analysts...
These Analysts Think Air Arabia PJSC's (DFM:AIRARABIA) Sales Are Under Threat
The latest analyst coverage could presage a bad day for Air Arabia PJSC ( DFM:AIRARABIA ), with the analysts making...
Is Air Arabia PJSC (DFM:AIRARABIA) At Risk Of Cutting Its Dividend?
Could Air Arabia PJSC ( DFM:AIRARABIA ) be an attractive dividend share to own for the long haul? Investors are often...
|AIRARABIA||AE Airlines||AE Market|
Return vs Industry: AIRARABIA exceeded the AE Airlines industry which returned 19.2% over the past year.
Return vs Market: AIRARABIA underperformed the AE Market which returned 51.1% over the past year.
Stable Share Price: AIRARABIA is less volatile than 75% of AE stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: AIRARABIA's weekly volatility (2%) has been stable over the past year.
About the Company
|2007||n/a||Adel Abdullah Al Ali||https://www.airarabia.com|
Air Arabia PJSC, together with its subsidiaries, provides air travel services. The company operates through two segments, Airline and Other. It offers international commercial air transportation, aircraft rental, passengers transport, and cargo services, as well as aviation training, and aircraft repairs and maintenance services.
Air Arabia PJSC Fundamentals Summary
|AIRARABIA fundamental statistics|
Is AIRARABIA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AIRARABIA income statement (TTM)|
|Cost of Revenue||د.إ1.65b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0044|
|Net Profit Margin||1.08%|
How did AIRARABIA perform over the long term?See historical performance and comparison
Is Air Arabia PJSC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AIRARABIA (AED1.37) is trading below our estimate of fair value (AED2.75)
Significantly Below Fair Value: AIRARABIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AIRARABIA is poor value based on its PE Ratio (311.4x) compared to the Asian Airlines industry average (212.6x).
PE vs Market: AIRARABIA is poor value based on its PE Ratio (311.4x) compared to the AE market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: AIRARABIA is poor value based on its PEG Ratio (5.9x)
Price to Book Ratio
PB vs Industry: AIRARABIA is good value based on its PB Ratio (1.2x) compared to the XA Airlines industry average (1.6x).
How is Air Arabia PJSC forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIRARABIA's forecast earnings growth (52.8% per year) is above the savings rate (9.1%).
Earnings vs Market: AIRARABIA's earnings (52.8% per year) are forecast to grow faster than the AE market (9.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AIRARABIA's revenue (23.4% per year) is forecast to grow faster than the AE market (5% per year).
High Growth Revenue: AIRARABIA's revenue (23.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AIRARABIA's Return on Equity is forecast to be low in 3 years time (15.5%).
How has Air Arabia PJSC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIRARABIA has a large one-off loss of AED19.0M impacting its June 30 2021 financial results.
Growing Profit Margin: AIRARABIA's current net profit margins (1.1%) are lower than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: AIRARABIA's earnings have declined by 25.2% per year over the past 5 years.
Accelerating Growth: AIRARABIA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AIRARABIA had negative earnings growth (-95.9%) over the past year, making it difficult to compare to the Airlines industry average (-92.2%).
Return on Equity
High ROE: AIRARABIA's Return on Equity (0.4%) is considered low.
How is Air Arabia PJSC's financial position?
Financial Position Analysis
Short Term Liabilities: AIRARABIA's short term assets (AED3.7B) exceed its short term liabilities (AED2.9B).
Long Term Liabilities: AIRARABIA's short term assets (AED3.7B) do not cover its long term liabilities (AED4.4B).
Debt to Equity History and Analysis
Debt Level: AIRARABIA's debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: AIRARABIA's debt to equity ratio has increased from 2.3% to 5.7% over the past 5 years.
Debt Coverage: AIRARABIA's debt is well covered by operating cash flow (239.3%).
Interest Coverage: AIRARABIA's interest payments on its debt are not well covered by EBIT (0.8x coverage).
What is Air Arabia PJSC current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AIRARABIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AIRARABIA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AIRARABIA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AIRARABIA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AIRARABIA is not paying a notable dividend for the AE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AIRARABIA's dividend in 3 years as they are not forecast to pay a notable one for the AE market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Adel Abdullah Al Ali
Mr. Adel Abdullah Mohamed Al Ali serves as the Member of the Board of Directors at Foundation Holdings. He is the Founder of Air Arabia. Previously, Mr. Al Ali served as Vice President commercial and custo...
Experienced Board: AIRARABIA's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Air Arabia PJSC's employee growth, exchange listings and data sources
- Name: Air Arabia PJSC
- Ticker: AIRARABIA
- Exchange: DFM
- Founded: 2007
- Industry: Airlines
- Sector: Transportation
- Market Cap: د.إ6.393b
- Shares outstanding: 4.67b
- Website: https://www.airarabia.com
- Air Arabia PJSC
- Building A1
- Next to Cargo Entrance
- United Arab Emirates
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 22:28|
|End of Day Share Price||2021/10/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.