Spirit AeroSystems Holdings, Inc. designs, manufactures, and supplies commercial aero structures in the United States and internationally.
+ 1 more risk
Undervalued with high growth potential.
Share Price & News
How has Spirit AeroSystems Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S9Q's share price has been volatile over the past 3 months.
7 Day Return
DE Aerospace & Defense
1 Year Return
DE Aerospace & Defense
Return vs Industry: S9Q underperformed the German Aerospace & Defense industry which returned -32.2% over the past year.
Return vs Market: S9Q underperformed the German Market which returned 0% over the past year.
Price Volatility Vs. Market
How volatile is Spirit AeroSystems Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Spirit AeroSystems Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S9Q (€20.6) is trading below our estimate of fair value (€55.89)
Significantly Below Fair Value: S9Q is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S9Q is good value based on its PE Ratio (11x) compared to the Aerospace & Defense industry average (15.5x).
PE vs Market: S9Q is good value based on its PE Ratio (11x) compared to the German market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: S9Q is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: S9Q is overvalued based on its PB Ratio (1.6x) compared to the XE Aerospace & Defense industry average (1.5x).
How is Spirit AeroSystems Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: S9Q's forecast earnings growth (75.6% per year) is above the savings rate (0.2%).
Earnings vs Market: S9Q's earnings (75.6% per year) are forecast to grow faster than the German market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: S9Q's revenue (14.8% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: S9Q's revenue (14.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: S9Q's Return on Equity is forecast to be high in 3 years time (25.4%)
How has Spirit AeroSystems Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S9Q has a large one-off loss of $186.2M impacting its April 2 2020 financial results.
Growing Profit Margin: S9Q's current net profit margins (2.9%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: S9Q's earnings have declined by -1.4% per year over the past 5 years.
Accelerating Growth: S9Q's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S9Q had negative earnings growth (-68.9%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (14.3%).
Return on Equity
High ROE: S9Q's Return on Equity (14%) is considered low.
How is Spirit AeroSystems Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: S9Q's short term assets ($4.0B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: S9Q's short term assets ($4.0B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: S9Q's debt to equity ratio (197.8%) is considered high.
Reducing Debt: S9Q's debt to equity ratio has increased from 63.1% to 197.8% over the past 5 years.
Debt Coverage: S9Q's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: S9Q's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is Spirit AeroSystems Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: S9Q's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.29%).
High Dividend: S9Q's dividend (0.18%) is low compared to the top 25% of dividend payers in the German market (3.86%).
Stability and Growth of Payments
Stable Dividend: S9Q is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: S9Q is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: S9Q is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of S9Q's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Gentile (55yo)
Mr. Thomas C. Gentile, III, also known as Tom, has been the Chief Executive Officer and President at Spirit AeroSystems Holdings, Inc. since August 1, 2016 and served as its Chief Operating Officer and Exe ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD11.07M) is above average for companies of similar size in the German market ($USD1.52M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Senior VP & CTO||2.67yrs||US$2.00m||0.11% $2.3m|
|Executive VP and Chief Administration Officer & Strategy||3.83yrs||US$2.45m||0.079% $1.6m|
|Senior VP and President of Defense & Fabrication||2.67yrs||US$2.34m||0.072% $1.5m|
|Senior VP & CFO||0.33yr||no data||0.035% $723.5k|
|Senior VP of Operations & Chief Procurement Officer||1.67yrs||no data||0.035% $721.9k|
|Interim Controller & Principal Accounting Officer||0.33yr||no data||0.011% $235.8k|
|Head of Investor Relations||no data||no data||no data|
|Senior VP||no data||no data||0.023% $479.8k|
|Chief Purchasing Officer & VP of Global Supply Chain||no data||no data||no data|
Experienced Management: S9Q's management team is considered experienced (2.7 years average tenure).
|Independent Director||13.5yrs||US$248.06k||0.025% $504.9k|
|Independent Director||5yrs||US$255.05k||no data|
|Independent Director||5.83yrs||US$230.08k||0.021% $428.1k|
|Independent Director||2.17yrs||US$230.08k||0.0098% $201.2k|
|Independent Director||13.5yrs||US$242.04k||0.024% $498.3k|
|Independent Director||12.08yrs||US$242.04k||0.020% $403.6k|
|Independent Director||0.58yr||US$115.32k||0.0052% $106.4k|
|Independent Chairman of the Board||no data||US$346.23k||0.018% $363.1k|
Experienced Board: S9Q's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Spirit AeroSystems Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Spirit AeroSystems Holdings, Inc.
- Ticker: S9Q
- Exchange: DB
- Founded: 1927
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$2.287b
- Listing Market Cap: US$2.057b
- Shares outstanding: 105.54m
- Website: https://www.spiritaero.com
Number of Employees
- Spirit AeroSystems Holdings, Inc.
- 3801 South Oliver Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPR||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Nov 2006|
|S9Q||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Nov 2006|
Spirit AeroSystems Holdings, Inc. designs, manufactures, and supplies commercial aero structures in the United States and internationally. The company operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces, and markets forward, mid, and rear fuselage sections and systems primarily to aircraft original equipment manufacturers (OEMs); and related spares, as well as maintenance, repairs, and overhaul (MRO) services. The Propulsion Systems segment offers struts/pylons; nacelles, including thrust reversers; and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Wing Systems provides wings and wing components, such as flight control surfaces; and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services. Spirit AeroSystems Holdings, Inc. also offers low observables comprising radar absorbent and translucent materials; rotorcrafts that include forward cockpits and cabins; and other military services, such as fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training. The company was formerly known as Mid-Western Aircraft Systems Holdings, Inc. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 22:06|
|End of Day Share Price||2020/05/29 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.