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Regional Express Holdings

Market Cap

AU$136.6m

Last Updated

2021/06/22 15:33 UTC

Data Sources

Company Financials

Executive Summary

Regional Express Holdings Limited engages in the air transportation of passengers and freight. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Regional Express Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: REX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: REX's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.8%

REX

-0.7%

AU Airlines

-0.7%

AU Market


1 Year Return

24.2%

REX

30.6%

AU Airlines

26.8%

AU Market

Return vs Industry: REX underperformed the Australian Airlines industry which returned 29.6% over the past year.

Return vs Market: REX underperformed the Australian Market which returned 25.4% over the past year.


Shareholder returns

REXIndustryMarket
7 Day-0.8%-0.7%-0.7%
30 Day-2.8%-0.1%4.0%
90 Day-22.6%0.6%7.6%
1 Year24.2%24.2%39.1%30.6%31.0%26.8%
3 Year-4.0%-15.8%-14.0%-27.7%34.0%17.9%
5 Yearn/a17.2%-3.6%73.0%41.2%

Long-Term Price Volatility Vs. Market

How volatile is Regional Express Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Regional Express Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: REX (A$1.23) is trading below our estimate of fair value (A$26.56)

Significantly Below Fair Value: REX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: REX is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.

PE vs Market: REX 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 REX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REX is good value based on its PB Ratio (0.7x) compared to the XX Airlines industry average (2.1x).


Future Growth

How is Regional Express Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

70.5%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Regional Express Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Regional Express Holdings performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REX is currently unprofitable.

Growing Profit Margin: REX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: REX is unprofitable, and losses have increased over the past 5 years at a rate of 5.6% per year.

Accelerating Growth: Unable to compare REX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: REX is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-18.9%).


Return on Equity

High ROE: REX has a negative Return on Equity (-8.83%), as it is currently unprofitable.


Financial Health

How is Regional Express Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: REX's short term assets (A$51.5M) do not cover its short term liabilities (A$64.6M).

Long Term Liabilities: REX's short term assets (A$51.5M) exceed its long term liabilities (A$24.6M).


Debt to Equity History and Analysis

Debt Level: REX's debt to equity ratio (16.6%) is considered satisfactory.

Reducing Debt: REX's debt to equity ratio has increased from 9.6% to 16.6% over the past 5 years.

Debt Coverage: REX's debt is well covered by operating cash flow (99.6%).

Interest Coverage: Insufficient data to determine if REX's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Regional Express Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate REX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate REX'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 REX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: REX is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REX'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?

8.1yrs

Average management tenure


CEO

Regional Express Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: REX's management team is seasoned and experienced (8.1 years average tenure).


Board Members

Experienced Board: REX's board of directors are seasoned and experienced ( 10.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Regional Express Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Regional Express Holdings Limited
  • Ticker: REX
  • Exchange: CHIA
  • Founded: 1953
  • Industry: Airlines
  • Sector: Transportation
  • Market Cap: AU$136.550m
  • Shares outstanding: 109.24m
  • Website: https://www.rex.com.au

Location

  • Regional Express Holdings Limited
  • 81-83 Baxter Road
  • Mascot
  • New South Wales
  • 2020
  • Australia

Listings


Biography

Regional Express Holdings Limited engages in the air transportation of passengers and freight. The company operates through Regular Public Transport and Charter segments. It provides aeromedical transport ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/22 15:33
End of Day Share Price2021/06/22 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.