Qantas Airways
Market Cap
AU$8.2b
Last Updated
2020/10/30 10:36 UTC
Data Sources
Company Financials +
Executive Summary
Qantas Airways Limited provides passenger and freight air transportation services in Australia and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Qantas Airways's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QAN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-7.9%
QAN
-6.2%
AU Airlines
-3.5%
AU Market
1 Year Return
-35.0%
QAN
-41.8%
AU Airlines
-9.2%
AU Market
Return vs Industry: QAN exceeded the Australian Airlines industry which returned -41.8% over the past year.
Return vs Market: QAN underperformed the Australian Market which returned -9.2% over the past year.
Shareholder returns
| QAN | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.9% | -6.2% | -3.5% |
| 30 Day | 3.5% | 0.4% | 0.5% |
| 90 Day | 29.7% | 5.9% | 2.3% |
| 1 Year | -35.0%-35.0% | -34.9%-41.8% | -6.0%-9.2% |
| 3 Year | -27.6%-32.5% | -38.5%-48.3% | 12.4%-1.8% |
| 5 Year | 26.3%11.7% | -35.5%-46.4% | 39.6%10.8% |
Price Volatility Vs. Market
How volatile is Qantas Airways's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Much Is Qantas Airways Limited (ASX:QAN) CEO Getting Paid?1 month ago | Simply Wall St
What Does Qantas Airways Limited's (ASX:QAN) Share Price Indicate?1 month ago | Simply Wall St
Estimating The Fair Value Of Qantas Airways Limited (ASX:QAN)Valuation
Is Qantas Airways undervalued compared to its fair value and its price relative to the market?
23.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QAN (A$4.19) is trading below our estimate of fair value (A$5.46)
Significantly Below Fair Value: QAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QAN is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.
PE vs Market: QAN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QAN is overvalued based on its PB Ratio (5.1x) compared to the XX Airlines industry average (0.9x).
Next Steps
Future Growth
How is Qantas Airways forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
66.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QAN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: QAN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: QAN's is expected to become profitable in the next 3 years.
Revenue vs Market: QAN's revenue (9.5% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: QAN's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QAN's Return on Equity is forecast to be very high in 3 years time (104.9%).
Next Steps
Past Performance
How has Qantas Airways performed over the past 5 years?
-23.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QAN is currently unprofitable.
Growing Profit Margin: QAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QAN is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.
Accelerating Growth: Unable to compare QAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QAN is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-38.5%).
Return on Equity
High ROE: QAN has a negative Return on Equity (-128.7%), as it is currently unprofitable.
Next Steps
Financial Health
How is Qantas Airways's financial position?
Financial Position Analysis
Short Term Liabilities: QAN's short term assets (A$5.0B) do not cover its short term liabilities (A$8.3B).
Long Term Liabilities: QAN's short term assets (A$5.0B) do not cover its long term liabilities (A$10.2B).
Debt to Equity History and Analysis
Debt Level: QAN's debt to equity ratio (438.6%) is considered high.
Reducing Debt: QAN's debt to equity ratio has increased from 118% to 438.6% over the past 5 years.
Debt Coverage: QAN's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: QAN is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Qantas Airways's current dividend yield, its reliability and sustainability?
2.56%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QAN'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 QAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: QAN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QAN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Alan Joyce (54 yo)
11.92yrs
Tenure
AU$4,758,000
Compensation
Mr. Alan Joseph Joyce, AC, BApplSc(Phy)(Math)(Hons), MSc(MgtSc), MA, FRAeS, FTSE has been the Chief Executive Officer and President of Qantas Group at Qantas Freight Enterprises Ltd. since November 2008 an ...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD3.34M) is above average for companies of similar size in the Australian market ($USD2.48M).
Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 11.92yrs | AU$4.76m | 0.15% A$ 12.6m | |
| Chief Financial Officer | 1yr | AU$947.87k | 0.0031% A$ 254.7k | |
| Chief Executive Officer of Qantas Loyalty | 3.17yrs | AU$1.37m | 0.0040% A$ 323.3k | |
| Chief Executive Officer of Jetstar Group | 3.17yrs | AU$1.73m | 0.029% A$ 2.4m | |
| Chief Executive Officer of Qantas Domestic & International | 5.58yrs | AU$1.57m | 0.0044% A$ 361.7k | |
| Group Executive | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 7.92yrs | no data | no data | |
| Head of Fuel & Environment | 8.08yrs | no data | no data | |
| Chief Customer Officer | 1.17yrs | no data | no data | |
| Company Secretary | 0.58yr | no data | no data | |
| Company Secretary | 0.58yr | no data | no data |
3.2yrs
Average Tenure
54yo
Average Age
Experienced Management: QAN's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 11.92yrs | AU$4.76m | 0.15% A$ 12.6m | |
| Independent Non Executive Director | 12.25yrs | AU$226.00k | 0.019% A$ 1.6m | |
| Independent Chairman | 2yrs | AU$524.00k | 0.0074% A$ 606.6k | |
| Independent Non-Executive Director | 2.5yrs | AU$229.00k | 0.0014% A$ 111.8k | |
| Independent Non-Executive Director | 2yrs | AU$223.00k | 0.0028% A$ 226.1k | |
| Independent Non-Executive Director | 12.33yrs | AU$265.00k | 0.0029% A$ 235.1k | |
| Independent Non-Executive Director | 4.5yrs | AU$189.00k | 0.0013% A$ 106.1k | |
| Independent Non-Executive Director | 7.17yrs | AU$165.00k | 0.0025% A$ 207.4k | |
| Independent Non-Executive Director | 7.17yrs | AU$235.00k | 0.0021% A$ 171.4k | |
| Independent Non-Executive Director | 5.58yrs | AU$260.00k | 0.0013% A$ 102.0k |
6.4yrs
Average Tenure
62yo
Average Age
Experienced Board: QAN's board of directors are considered experienced (6.4 years average tenure).
Ownership
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.4%.
Top Shareholders
Company Information
Qantas Airways Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Qantas Airways Limited
- Ticker: QAN
- Exchange: ASX
- Founded: 1920
- Industry: Airlines
- Sector: Transportation
- Market Cap: AU$8.164b
- Shares outstanding: 1.88b
- Website: https://www.qantas.com
Number of Employees
Location
- Qantas Airways Limited
- 10 Bourke Road
- Mascot
- New South Wales
- 2020
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QUBS.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Aug 1995 |
| QAN | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Aug 1995 |
| QAN | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Aug 1995 |
| QAN | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Aug 1995 |
| QABS.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR NE | US | USD | Apr 2014 |
Biography
Qantas Airways Limited provides passenger and freight air transportation services in Australia and internationally. The company also offers air cargo and express freight services; and customer loyalty prog ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 10:36 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.