Virgin Australia Holdings Limited engages in the operation of domestic and international passenger and cargo airline business in Australia.
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Virgin Australia Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VAH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VAH underperformed the Australian Airlines industry which returned -49.9% over the past year.
Return vs Market: VAH underperformed the Australian Market which returned -19.2% over the past year.
Price Volatility Vs. Market
How volatile is Virgin Australia Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhen Will Virgin Australia Holdings Limited (ASX:VAH) Become Profitable?
2 months ago | Simply Wall StIntroducing Virgin Australia Holdings (ASX:VAH), The Stock That Slid 68% In The Last Five Years
3 months ago | Simply Wall StIs Virgin Australia Holdings (ASX:VAH) A Risky Investment?
Is Virgin Australia Holdings undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Virgin Australia Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Virgin Australia Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of VAH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Virgin Australia Holdings regulatory filings.
- Explore potentially undervalued companies in the Transportation industry.
How is Virgin Australia Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VAH is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VAH is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VAH is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VAH's revenue (2.1% per year) is forecast to grow slower than the Australian market (4.1% per year).
High Growth Revenue: VAH's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VAH's Return on Equity is forecast to be high in 3 years time
How has Virgin Australia Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VAH is currently unprofitable.
Growing Profit Margin: VAH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VAH is unprofitable, and losses have increased over the past 5 years at a rate of -26% per year.
Accelerating Growth: Unable to compare VAH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VAH is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (5.1%).
Return on Equity
High ROE: VAH's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Virgin Australia Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: VAH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VAH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VAH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VAH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: VAH has a high level of physical assets or inventory.
Debt Coverage by Assets: VAH has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VAH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: VAH has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 31.6% each year
What is Virgin Australia Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VAH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VAH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VAH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VAH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VAH is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VAH's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Scurrah (51yo)
Mr. Paul Darren Scurrah, MAICD, has been the Chief Executive Officer and Managing Director of the Virgin Australia Holdings Limited since March 25, 2019 and also serves as its Director since March 25, 2019 ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD881.11K) is about average for companies of similar size in the Australian market ($USD771.28K).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
|CEO, MD & Director||1.08yrs||AU$1.47m||0.025% A$176.6k|
|Chief Financial Officer||0.58yr||no data||no data|
|Chief Operations Officer||0.92yr||no data||no data|
|Chief Legal & Risk Officer||2.42yrs||no data||no data|
|Chief People & Culture Officer||no data||no data||no data|
|General Manager of Engineering Operations||9.08yrs||AU$670.00k||no data|
|Chief Experience Officer||0.67yr||no data||no data|
|Chief Commercial Officer||0.50yr||no data||no data|
|Company Secretary||4.17yrs||no data||no data|
Experienced Management: VAH's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|CEO, MD & Director||1.08yrs||AU$1.47m||0.025% A$176.6k|
|Independent Non-Executive Director||3.33yrs||AU$267.00k||0.00047% A$3.3k|
|Independent Non-Executive Director||2.25yrs||AU$202.00k||0.0012% A$8.4k|
|Independent Chairman||4.92yrs||AU$375.00k||0.0027% A$19.1k|
|Non-Executive Director||3.25yrs||no data||no data|
|Non-Executive Director||4.25yrs||no data||no data|
|Independent Non-Executive Director||0.92yr||AU$14.00k||0.0024% A$16.8k|
|Non-Executive Director||1.33yrs||no data||no data|
|Independent Non-Executive Director||1.33yrs||AU$112.00k||no data|
|Non-Executive Director||0.92yr||no data||no data|
Experienced Board: VAH's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VAH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Virgin Australia Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Virgin Australia Holdings Limited
- Ticker: VAH
- Exchange: ASX
- Founded: 2000
- Industry: Airlines
- Sector: Transportation
- Market Cap: AU$709.111m
- Shares outstanding: 8.44b
- Website: https://www.virginaustralia.com
Number of Employees
- Virgin Australia Holdings Limited
- 56 Edmondstone Road
- Bowen Hills
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VBHL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2003|
|VAH||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2003|
|VBL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2003|
|VAH||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2003|
Virgin Australia Holdings Limited engages in the operation of domestic and international passenger and cargo airline business in Australia. The company operates through Virgin Australia Domestic, Virgin Australia International, Velocity, and Tigerair Australia segments. Its aircraft flies to domestic destinations, including regional network, charter, and cargo operations; and international destinations comprising Trans-Pacific, Trans-Tasman, Pacific Island, and South East Asian flying, as well as international cargo operations. The company’s fleet primarily includes Boeing B737 and B777, Airbus A320 and A330, ATR, Embraer E190, and Fokker F100 aircraft. It also operates a frequent flyer program. The company serves corporate, government, leisure, low cost, regional, charter travelers, and air freight customers. It has strategic alliances with Air New Zealand Limited, Delta Air Lines Inc., Etihad Airways P.J.S.C., Singapore Airlines Limited, and HNA Aviation Group. The company was formerly known as Virgin Blue Holdings Limited and changed its name to Virgin Australia Holdings Limited in 2011. Virgin Australia Holdings Limited was founded in 2000 and is based in Bowen Hills, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 14:10|
|End of Day Share Price||2020/04/03 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.