fastjet Plc provides passenger airline services in Africa.
Worrying balance sheet with weak fundamentals.
Share Price & News
How has fastjet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FJET's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FJET underperformed the UK Airlines industry which returned -38.9% over the past year.
Return vs Market: FJET underperformed the UK Market which returned -16.2% over the past year.
Price Volatility Vs. Market
How volatile is fastjet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall StHere's What We Think About fastjet Plc's (LON:FJET) CEO Pay
11 months ago | Simply Wall StDid You Manage To Avoid fastjet's (LON:FJET) 99% Share Price Wipe Out?
1 year ago | Simply Wall StDoes fastjet Plc's (LON:FJET) CEO Pay Matter?
Is fastjet undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FJET's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FJET's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FJET is unprofitable, so we can't compare its PE Ratio to the Airlines industry average.
PE vs Market: FJET is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FJET's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FJET is overvalued based on its PB Ratio (1.3x) compared to the GB Airlines industry average (1.2x).
How is fastjet forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 fastjet 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.
- Take a look at our analysis of FJET’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- fastjet competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has fastjet performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: FJET is currently unprofitable.
Growing Profit Margin: FJET is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FJET's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare FJET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FJET is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-17%).
Return on Equity
High ROE: FJET has a negative Return on Equity (-889.64%), as it is currently unprofitable.
How is fastjet's financial position?
Financial Position Analysis
Short Term Liabilities: FJET's short term assets ($7.3M) do not cover its short term liabilities ($15.2M).
Long Term Liabilities: FJET's short term assets ($7.3M) do not cover its long term liabilities ($7.9M).
Debt to Equity History and Analysis
Debt Level: FJET's debt to equity ratio (81.9%) is considered high.
Reducing Debt: FJET had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if FJET has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FJET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is fastjet current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FJET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FJET'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 FJET's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FJET's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FJET's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mark Hurst (46yo)
Mr. Mark Ryan Hurst serves as Chief Executive Officer of Solenta Aviation. Mr. Hurst has been Interim Chief Executive Officer at Fastjet Plc since 2019 and was its Deputy Group Chief Executive Officer sinc ...
|Interim CEO & Executive Director||1.5yrs||no data||no data|
|CFO & Director||1.25yrs||no data||no data|
|Independent Non-Executive Director||14.17yrs||US$79.00k||0.000040% $2.4|
|Independent Non-Executive Chairman||3.25yrs||US$73.00k||no data|
Experienced Board: FJET's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
fastjet Plc's company bio, employee growth, exchange listings and data sources
- Name: fastjet Plc
- Ticker: FJET
- Exchange: AIM
- Founded: 2006
- Industry: Airlines
- Sector: Transportation
- Market Cap: UK£6.047m
- Shares outstanding: 3.78b
- Website: https://www.fastjet.com
Number of Employees
- fastjet Plc
- 60 Gracechurch Street
- 6th Floor
- Greater London
- EC3V 0HR
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FJET||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jul 2012|
|FSJP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2012|
fastjet Plc provides passenger airline services in Africa. The company was formerly known as Rubicon Diversified Investments Plc and changed its name to fastjet Plc in August 2012. fastjet Plc was incorporated in 2006 and is headquartered in London, the United Kingdom. fastjet Plc is a subsidiary of Solenta Aviation Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 21:08|
|End of Day Share Price||2020/07/02 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.