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Updated 1m ago
TRZ logo

Transat A.T. Inc.TSX:TRZ Stock Report

Market Cap CA$79.8m
Updated 1m ago
Share Price
n/a
1Y-28.7%
7D2.6%
1D2.1%
Portfolio Value
​
View

Transat A.T. Inc.

TSX:TRZ Stock Report

Market Cap: CA$79.8m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Transat A.T (TRZ) Stock Overview

Engages in the leisure travel business in the Americas and the Transatlantic. More details

TRZ fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 96.1% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Negative shareholders equity

Does not have a meaningful market cap (CA$80M)

Currently unprofitable and not forecast to become profitable over the next 3 years


TRZ Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystLowTarget
10.9% overvalued intrinsic discount
AnalystLowTarget
•29d ago

Long Haul Capacity Expansion And Margin Compression Will Pressure This Leisure Carrier

23
0
1
AN
AnalystConsensusTarget
3.2% overvalued intrinsic discount
AnalystConsensusTarget
•8d ago

Deleveraging And Network Diversification Will Support Stronger Long Term Travel Demand

25
0
1
AN
AnalystHighTarget
30.7% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Expanded Global Routes And Partnerships Will Reshape This Airline’s Long Term Earnings Power

12
0
0

Top Analyst Narratives

AN
AnalystLowTarget
10.9% overvalued intrinsic discount
AnalystLowTarget
•29d ago

Long Haul Capacity Expansion And Margin Compression Will Pressure This Leisure Carrier

23
0
1
AN
AnalystConsensusTarget
3.2% overvalued intrinsic discount
AnalystConsensusTarget
•8d ago

Deleveraging And Network Diversification Will Support Stronger Long Term Travel Demand

25
0
1
AN
AnalystHighTarget
30.7% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Expanded Global Routes And Partnerships Will Reshape This Airline’s Long Term Earnings Power

12
0
0
View all narratives

Transat A.T. Inc. Competitors

Global Crossing Airlines Group

Symbol: NEOE:JET
Market cap: CA$56.9m

Chorus Aviation

Symbol: TSX:CHR
Market cap: CA$672.5m

Air Canada

Symbol: TSX:AC
Market cap: CA$7.9b

Exchange Income

Symbol: TSX:EIF
Market cap: CA$6.6b

Price History & Performance

Summary of share price highs, lows and changes for Transat A.T
Historical stock prices
Current Share PriceCA$1.94
52 Week HighCA$3.10
52 Week LowCA$1.78
Beta1.07
1 Month Change-18.14%
3 Month Change-20.16%
1 Year Change-28.68%
3 Year Change-53.81%
5 Year Change-56.98%
Change since IPO-93.07%

Recent News & Updates

User avatar
Narrative Update • Sep 11

TRZ: Fuel Headwinds And Yield Pressures Will Shape A Cautious Outlook

Analysts have trimmed their fair value estimate for Transat A.T. from CA$2.21 to CA$1.88, and have also lowered price targets to a range of CA$1.65 to CA$1.75, citing ongoing fuel headwinds and subdued yield trends. Analyst Commentary Recent research on Transat A.T. points to a cautious stance among bearish analysts, with attention on how fuel costs and pricing trends could affect valuation and execution in the near term.
User avatar
Narrative Update • Aug 21

TRZ: Future Earnings Reset Will Likely Pressure Overvalued Shares

Analysts have revised their view on Transat A.T., cutting the 12 month price target from CA$2.25 to CA$1.75 as they update assumptions on fair value, discount rate, revenue growth, profit margin and future P/E expectations following recent research updates. What's in the News There are currently no recent news items publicly provided for Transat A.T. in the supplied sources.
User avatar
Narrative Update • Jul 10

TRZ: Partnership Expansion And Downgrade Will Shape A More Balanced Outlook

Analysts have cut their fair value estimate for Transat A.T. to CA$2.21 from CA$3.23, reflecting a lower CA$2.25 price target and updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News for Transat A.T. Transat A.T. and Porter Airlines extended their commercial partnership with new Transat vacation packages that pair Porter non stop flights to Nassau, Grand Cayman, Cancun and Puerto Vallarta with Transat's tour operator offerings.
User avatar
Narrative Update • Jun 26

TRZ: Expanded Porter Partnership Will Drive Long-Term Upside Potential

Analysts have cut their price target on Transat A.T. to CA$2.25. They link this move to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, which collectively point to a more cautious outlook on the stock.

Recent updates

User avatar
Narrative Update • Sep 11

TRZ: Fuel Headwinds And Yield Pressures Will Shape A Cautious Outlook

Analysts have trimmed their fair value estimate for Transat A.T. from CA$2.21 to CA$1.88, and have also lowered price targets to a range of CA$1.65 to CA$1.75, citing ongoing fuel headwinds and subdued yield trends. Analyst Commentary Recent research on Transat A.T. points to a cautious stance among bearish analysts, with attention on how fuel costs and pricing trends could affect valuation and execution in the near term.
User avatar
Narrative Update • Aug 21

TRZ: Future Earnings Reset Will Likely Pressure Overvalued Shares

Analysts have revised their view on Transat A.T., cutting the 12 month price target from CA$2.25 to CA$1.75 as they update assumptions on fair value, discount rate, revenue growth, profit margin and future P/E expectations following recent research updates. What's in the News There are currently no recent news items publicly provided for Transat A.T. in the supplied sources.
User avatar
Narrative Update • Jul 10

TRZ: Partnership Expansion And Downgrade Will Shape A More Balanced Outlook

Analysts have cut their fair value estimate for Transat A.T. to CA$2.21 from CA$3.23, reflecting a lower CA$2.25 price target and updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News for Transat A.T. Transat A.T. and Porter Airlines extended their commercial partnership with new Transat vacation packages that pair Porter non stop flights to Nassau, Grand Cayman, Cancun and Puerto Vallarta with Transat's tour operator offerings.
User avatar
Narrative Update • Jun 26

TRZ: Expanded Porter Partnership Will Drive Long-Term Upside Potential

Analysts have cut their price target on Transat A.T. to CA$2.25. They link this move to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, which collectively point to a more cautious outlook on the stock.
Analysis Article • Apr 24

Is Now An Opportune Moment To Examine Transat A.T. Inc. (TSE:TRZ)?

Transat A.T. Inc. ( TSE:TRZ ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...
Analysis Article • Dec 02

Should You Investigate Transat A.T. Inc. (TSE:TRZ) At CA$2.61?

Transat A.T. Inc. ( TSE:TRZ ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article • Aug 16

Returns At Transat A.T (TSE:TRZ) Are On The Way Up

TSX:TRZ 1 Year Share Price vs Fair Value Explore Transat A.T's Fair Values from the Community and select yours There...
Analysis Article • Aug 08

Returns On Capital Are Showing Encouraging Signs At Transat A.T (TSE:TRZ)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article • Dec 16

Analysts Are Upgrading Transat A.T. Inc. (TSE:TRZ) After Its Latest Results

Shareholders might have noticed that Transat A.T. Inc. ( TSE:TRZ ) filed its yearly result this time last week. The...

Shareholder Returns

TRZCA AirlinesCA Market
7D2.6%0.2%0.2%
1Y-28.7%7.6%21.5%

Return vs Industry: TRZ underperformed the Canadian Airlines industry which returned 7.4% over the past year.

Return vs Market: TRZ underperformed the Canadian Market which returned 21.3% over the past year.

Price Volatility

Is TRZ's price volatile compared to industry and market?
TRZ volatility
TRZ Average Weekly Movement4.4%
Airlines Industry Average Movement5.6%
Market Average Movement9.1%
10% most volatile stocks in CA Market16.0%
10% least volatile stocks in CA Market3.6%

Stable Share Price: TRZ has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TRZ's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19875,000Annick Guerardwww.transat.com

Transat A.T. Inc., together with its subsidiaries, engages in the leisure travel business in the Americas and the Transatlantic. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands.

Transat A.T. Inc. Fundamentals Summary

How do Transat A.T's earnings and revenue compare to its market cap?
TRZ fundamental statistics
Market capCA$79.76m
Earnings (TTM)-CA$227.57m
Revenue (TTM)CA$3.46b
0.0x
P/S Ratio
-0.4x
P/E Ratio

Is TRZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRZ income statement (TTM)
RevenueCA$3.46b
Cost of RevenueCA$2.96b
Gross ProfitCA$498.46m
Other ExpensesCA$726.03m
Earnings-CA$227.57m

Last Reported Earnings

Jul 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-5.53
Gross Margin14.40%
Net Profit Margin-6.57%
Debt/Equity Ratio-32.8%

How did TRZ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/20 19:15
End of Day Share Price 2026/09/18 00:00
Earnings2026/07/31
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Transat A.T. Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David TyermanATB Cormark Historical (Cormark Securities)
Ahmad ShaathBeacon Securities Limited
Claude ProulxBMO Capital Markets Equity Research

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