TSX:TRZ

Stock Analysis Report

Executive Summary

Transat A.T. Inc. operates as an integrated tour operator in the Americas and Europe.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Transat A.T's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.1%

TSX:TRZ

-1.6%

CA Hospitality

1.2%

CA Market


1 Year Return

89.3%

TSX:TRZ

-20.4%

CA Hospitality

-0.4%

CA Market

TRZ outperformed the Hospitality industry which returned -17.4% over the past year.

TRZ outperformed the Market in Canada which returned -0.3% over the past year.


Share holder returns

TRZIndustryMarket
7 Day0.1%-1.6%1.2%
30 Day-8.0%5.9%3.3%
90 Day14.6%-4.5%0.8%
1 Year89.3%89.3%-19.9%-20.4%3.1%-0.4%
3 Year133.8%133.8%20.6%17.4%18.0%7.4%
5 Year65.4%65.4%-3.3%-6.1%22.0%4.5%

Price Volatility Vs. Market

How volatile is Transat A.T's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Transat A.T undervalued based on future cash flows and its price relative to the stock market?

1.11x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Transat A.T to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Transat A.T to establish if it is available at substantial discount.


Price Based on Earnings

Transat A.T is loss making, we can't compare its value to the CA Hospitality industry average.

Transat A.T is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Transat A.T, we can't assess if its growth is good value.


Price Based on Value of Assets

Transat A.T is good value based on assets compared to the CA Hospitality industry average.


Next Steps

Future Growth

How is Transat A.T expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

117.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Transat A.T's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).

Transat A.T's earnings are expected to grow significantly at over 20% yearly.

Transat A.T's revenue growth is positive but not above the Canada market average.

Transat A.T's earnings growth is expected to exceed the Canada market average.

Transat A.T's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Transat A.T will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Transat A.T performed over the past 5 years?

1.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Transat A.T does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Transat A.T's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Transat A.T's 1-year growth to the CA Hospitality industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Transat A.T has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Transat A.T has efficiently used its assets last year compared to the CA Hospitality industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Transat A.T improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Transat A.T's financial position?


Financial Position Analysis

Transat A.T is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Transat A.T's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Transat A.T has no debt.

Transat A.T has not taken on any debt in the past 5 years.

Transat A.T has no debt, it does not need to be covered by operating cash flow.

Transat A.T has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Transat A.T has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Transat A.T's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Transat A.T's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Transat A.T's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Transat A.T has not reported any payouts.

Unable to verify if Transat A.T's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Transat A.T has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Transat A.T's salary, the management and board of directors tenure and is there insider trading?

8.7yrs

Average management tenure


CEO

Jean-Marc Eustache (71yo)

0yrs

Tenure

CA$2,637,354

Compensation

Mr. Jean-Marc Eustache co-founded Transat A.T. Inc. and serves as its President and Chief Executive Officer. Mr. Eustache serves as the President at Look Voyages SA at Transat A.T. Inc. He has been Preside ...


CEO Compensation Analysis

Jean-Marc's remuneration is higher than average for companies of similar size in Canada.

Jean-Marc's compensation has increased whilst company is loss making.


Management Age and Tenure

8.7yrs

Average Tenure

The average tenure for the Transat A.T management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.3yrs

Average Tenure

68yo

Average Age

The tenure for the Transat A.T board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Bruno Leclaire (53yo)

    Chief Information & Digital Officer

    • Tenure: 0yrs
  • Daniel Godbout

    Senior VP & Advisor to the President

    • Tenure: 8.7yrs
    • Compensation: CA$777.57k
  • Jean-Marc Eustache (71yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CA$2.64m
  • Bernard Bussières

    VP of Legal Affairs

    • Tenure: 18.5yrs
    • Compensation: CA$827.65k
  • Denis Pétrin

    VP of Finance & Administration and CFO

    • Tenure: 10.7yrs
    • Compensation: CA$949.23k
  • Jean-Francois Lemay

    President & GM of Air Transat

    • Tenure: 8.7yrs
    • Compensation: CA$903.20k
  • Annick Guérard

    Chief Operating Officer

    • Tenure: 1.8yrs
    • Compensation: CA$1.27m
  • Christophe Hennebelle

    Vice President of Human Resources & Corporate Affairs

    • Tenure: 3.3yrs
  • Odette Trottier

    Director of Corporate Affairs & Communications

    • Tenure: 0yrs
  • Jordi Solé

    President of Hotel Division

    • Tenure: 1.6yrs

Board Members

  • W. Edwards (69yo)

    Indepedent Director

    • Tenure: 9.3yrs
    • Compensation: CA$134.13k
  • Susan Kudzman (56yo)

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: CA$123.02k
  • Jean-Marc Eustache (71yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CA$2.64m
  • Lina De Cesare (67yo)

    Director

    • Tenure: 30.3yrs
    • Compensation: CA$94.92k
  • Jacques Simoneau (61yo)

    Independent Director

    • Tenure: 18.8yrs
    • Compensation: CA$126.91k
  • Philippe Sureau (69yo)

    Director

    • Tenure: 32.6yrs
    • Compensation: CA$84.07k
  • Jean-Yves Leblanc (72yo)

    Director

    • Tenure: 10.8yrs
    • Compensation: CA$167.13k
  • Raymond Bachand (71yo)

    Lead Director

    • Tenure: 1yrs
    • Compensation: CA$112.25k
  • Louis-Marie Beaulieu (65yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: CA$100.13k
  • Lucie Chabot (59yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: CA$104.01k

Company Information

Transat A.T. Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Transat A.T. Inc.
  • Ticker: TRZ
  • Exchange: TSX
  • Founded: 1987
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: CA$574.511m
  • Shares outstanding: 37.75m
  • Website: https://www.transat.com

Number of Employees


Location

  • Transat A.T. Inc.
  • 300 Léo-Pariseau Street
  • Suite 600
  • Montréal
  • Quebec
  • H2X 4C2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRZTSX (The Toronto Stock Exchange)YesClass B SharesCACADMar 2005
1TJDB (Deutsche Boerse AG)YesClass B SharesDEEURMar 2005
TRZB.FOTCPK (Pink Sheets LLC)YesClass B SharesUSUSDMar 2005
TRZTSX (The Toronto Stock Exchange)YesClass B SharesCACADMar 2005

Biography

Transat A.T. Inc. operates as an integrated tour operator in the Americas and Europe. It develops and markets holiday travel services in packages, including air travel and hotel stays, and air-only formats ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:48
End of Day Share Price2019/09/18 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.