CHR Stock Overview
Chorus Aviation Inc., through its subsidiaries, provides various aviation support services in the United States and Canada.
Chorus Aviation Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$3.83|
|52 Week High||CA$5.22|
|52 Week Low||CA$3.18|
|1 Month Change||-6.36%|
|3 Month Change||-12.76%|
|1 Year Change||-17.99%|
|3 Year Change||-49.61%|
|5 Year Change||-48.24%|
|Change since IPO||-62.82%|
Recent News & Updates
|CHR||CA Airlines||CA Market|
Return vs Industry: CHR exceeded the Canadian Airlines industry which returned -28.4% over the past year.
Return vs Market: CHR underperformed the Canadian Market which returned 4.8% over the past year.
|CHR Average Weekly Movement||5.4%|
|Airlines Industry Average Movement||12.2%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||16.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: CHR is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CHR's weekly volatility (5%) has been stable over the past year.
About the Company
Chorus Aviation Inc., through its subsidiaries, provides various aviation support services in the United States and Canada. The company operates through two segments, Regional Aviation Services and Regional Aircraft Leasing. The Regional Aviation Services segment includes all three sectors of the regional aviation, such as contract flying, including ACMI and charter operations; aircraft leasing; and maintenance, repair, and overhaul, as well as part sales and technical services.
Chorus Aviation Fundamentals Summary
|CHR fundamental statistics|
Is CHR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CHR income statement (TTM)|
|Cost of Revenue||CA$697.14m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 04, 2022
|Earnings per share (EPS)||0.20|
|Net Profit Margin||3.48%|
How did CHR perform over the long term?See historical performance and comparison
Is Chorus Aviation undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CHR (CA$3.83) is trading below our estimate of fair value (CA$25.37)
Significantly Below Fair Value: CHR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CHR is poor value based on its Price-To-Earnings Ratio (19.2x) compared to the North American Airlines industry average (19x).
PE vs Market: CHR is poor value based on its Price-To-Earnings Ratio (19.2x) compared to the Canadian market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: CHR is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: CHR is good value based on its Price-To-Book Ratio (1.1x) compared to the XN Airlines industry average (2.1x).
How is Chorus Aviation forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHR's forecast earnings growth (32.7% per year) is above the savings rate (1.6%).
Earnings vs Market: CHR's earnings (32.7% per year) are forecast to grow faster than the Canadian market (7.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CHR's revenue (11.3% per year) is forecast to grow faster than the Canadian market (6.4% per year).
High Growth Revenue: CHR's revenue (11.3% 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 CHR's Return on Equity is forecast to be high in 3 years time
How has Chorus Aviation performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHR has a large one-off loss of CA$19.2M impacting its March 31 2022 financial results.
Growing Profit Margin: CHR's current net profit margins (3.5%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: CHR's earnings have declined by 32.6% per year over the past 5 years.
Accelerating Growth: CHR's earnings growth over the past year (95.6%) exceeds its 5-year average (-32.6% per year).
Earnings vs Industry: CHR earnings growth over the past year (95.6%) exceeded the Airlines industry 26.9%.
Return on Equity
High ROE: CHR's Return on Equity (5.7%) is considered low.
How is Chorus Aviation's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CHR's short term assets (CA$361.4M) do not cover its short term liabilities (CA$491.9M).
Long Term Liabilities: CHR's short term assets (CA$361.4M) do not cover its long term liabilities (CA$1.9B).
Debt to Equity History and Analysis
Debt Level: CHR's net debt to equity ratio (242.7%) is considered high.
Reducing Debt: CHR's debt to equity ratio has reduced from 644.7% to 258.3% over the past 5 years.
Debt Coverage: CHR's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: CHR's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Chorus Aviation current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CHR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CHR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CHR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CHR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: CHR is not paying a notable dividend for the Canadian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CHR has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Randell (67 yo)
Mr. Joseph D. Randell, also known as Joe, has been the Chief Executive Officer and President of Chorus Aviation Inc. and Jazz Air Holding GP Inc., since January 1, 2001. Mr. Randell's vision of a diversifi...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD1.85M) is about average for companies of similar size in the Canadian market ($USD1.54M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Experienced Management: CHR's management team is considered experienced (3.3 years average tenure).
Experienced Board: CHR's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CHR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.3%.
Chorus Aviation Inc.'s employee growth, exchange listings and data sources
- Name: Chorus Aviation Inc.
- Ticker: CHR
- Exchange: TSX
- Founded: 2010
- Industry: Airlines
- Sector: Transportation
- Implied Market Cap: CA$777.685m
- Shares outstanding: 203.05m
- Website: https://www.chorusaviation.com
Number of Employees
- Chorus Aviation Inc.
- 3 Spectacle Lake Drive
- Suite 380
- Nova Scotia
- B3B 1W8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 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.