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Jet2 AIM:JET2 Stock Report

Last Price

UK£15.84

Market Cap

UK£3.4b

7D

-1.9%

1Y

21.7%

Updated

23 Dec, 2024

Data

Company Financials +

Jet2 plc

AIM:JET2 Stock Report

Market Cap: UK£3.4b

JET2 Stock Overview

Engages in the leisure travel business primarily in the United Kingdom. More details

JET2 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 54.1% below our estimate of its fair value

Revenue is forecast to grow 7.94% per year

Earnings grew by 15.2% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 26.3%

Risk Analysis

Earnings are forecast to decline by an average of 0.3% per year for the next 3 years


My Notes

Capture your thoughts, links and company narrative

Jet2 plc Competitors

easyJet

LSE:EZJ

UK£4.3b

Wizz Air Holdings

LSE:WIZZ

UK£1.5b

International Consolidated Airlines Group

LSE:IAG

UK£14.9b

International Distribution Services

LSE:IDS

UK£3.5b

Price History & Performance

Summary of share price highs, lows and changes for Jet2
Historical stock prices
Current Share PriceUK£15.84
52 Week HighUK£16.79
52 Week LowUK£12.02
Beta2.14
1 Month Change4.69%
3 Month Change13.22%
1 Year Change21.66%
3 Year Change51.94%
5 Year Change-7.04%
Change since IPO10,372.73%

Recent News & Updates

An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Dec 10
An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Recent updates

An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Dec 10
An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Insufficient Growth At Jet2 plc (LON:JET2) Hampers Share Price

Oct 30
Insufficient Growth At Jet2 plc (LON:JET2) Hampers Share Price

Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

Oct 15
Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

Jet2 (LON:JET2) Is Experiencing Growth In Returns On Capital

Sep 30
Jet2 (LON:JET2) Is Experiencing Growth In Returns On Capital

A Look At The Intrinsic Value Of Jet2 plc (LON:JET2)

Aug 21
A Look At The Intrinsic Value Of Jet2 plc (LON:JET2)

Here's Why Jet2 (LON:JET2) Can Manage Its Debt Responsibly

Aug 07
Here's Why Jet2 (LON:JET2) Can Manage Its Debt Responsibly

With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

Jul 12
With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

The Returns At Jet2 (LON:JET2) Aren't Growing

Jun 10
The Returns At Jet2 (LON:JET2) Aren't Growing

If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity

Mar 21
If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity

Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price

Mar 02
Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price

Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement

Feb 14
Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement

Jet2 (LON:JET2) Has A Rock Solid Balance Sheet

Jan 31
Jet2 (LON:JET2) Has A Rock Solid Balance Sheet

Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?

Jan 04
Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?

With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

Dec 11
With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04

Nov 26
Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04

Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist

Sep 14
Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist

We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt

Jul 28
We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt

Estimating The Fair Value Of Jet2 plc (LON:JET2)

Apr 21
Estimating The Fair Value Of Jet2 plc (LON:JET2)

Returns On Capital At Jet2 (LON:JET2) Have Hit The Brakes

Mar 25
Returns On Capital At Jet2 (LON:JET2) Have Hit The Brakes

These 4 Measures Indicate That Jet2 (LON:JET2) Is Using Debt Reasonably Well

Dec 27
These 4 Measures Indicate That Jet2 (LON:JET2) Is Using Debt Reasonably Well

The Jet2 plc (LON:JET2) Half-Year Results Are Out And Analysts Have Published New Forecasts

Nov 27
The Jet2 plc (LON:JET2) Half-Year Results Are Out And Analysts Have Published New Forecasts

Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Aug 17
Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Calculating The Intrinsic Value Of Jet2 plc (LON:JET2)

Feb 22
Calculating The Intrinsic Value Of Jet2 plc (LON:JET2)

Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Jan 26
Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Sep 26
Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

Jul 23
Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

Jul 09
Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 47% Undervalued

May 31
An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 47% Undervalued

Have Insiders Been Selling Jet2 plc (LON:JET2) Shares?

Mar 10
Have Insiders Been Selling Jet2 plc (LON:JET2) Shares?

Are Investors Undervaluing Jet2 plc (LON:JET2) By 32%?

Feb 12
Are Investors Undervaluing Jet2 plc (LON:JET2) By 32%?

Is Jet2's (LON:JET2) 135% Share Price Increase Well Justified?

Jan 17
Is Jet2's (LON:JET2) 135% Share Price Increase Well Justified?

Jet2 (LON:JET2) Has Debt But No Earnings; Should You Worry?

Nov 30
Jet2 (LON:JET2) Has Debt But No Earnings; Should You Worry?

Shareholder Returns

JET2GB AirlinesGB Market
7D-1.9%-0.6%-2.2%
1Y21.7%8.5%2.4%

Return vs Industry: JET2 exceeded the UK Airlines industry which returned 8.5% over the past year.

Return vs Market: JET2 exceeded the UK Market which returned 2.4% over the past year.

Price Volatility

Is JET2's price volatile compared to industry and market?
JET2 volatility
JET2 Average Weekly Movement4.3%
Airlines Industry Average Movement4.3%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: JET2 has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: JET2's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197114,053Steve Heapywww.jet2plc.com

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights and packaged holidays to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the sale of non-ticket ancillary products, as well as passenger and charter aircraft operations.

Jet2 plc Fundamentals Summary

How do Jet2's earnings and revenue compare to its market cap?
JET2 fundamental statistics
Market capUK£3.40b
Earnings (TTM)UK£496.10m
Revenue (TTM)UK£6.93b

6.9x

P/E Ratio

0.5x

P/S Ratio

Is JET2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JET2 income statement (TTM)
RevenueUK£6.93b
Cost of RevenueUK£5.71b
Gross ProfitUK£1.23b
Other ExpensesUK£731.00m
EarningsUK£496.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.31
Gross Margin17.70%
Net Profit Margin7.16%
Debt/Equity Ratio39.2%

How did JET2 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

6%

Payout Ratio

Does JET2 pay a reliable dividends?

See JET2 dividend history and benchmarks
When do you need to buy JET2 by to receive an upcoming dividend?
Jet2 dividend dates
Ex Dividend DateJan 02 2025
Dividend Pay DateFeb 07 2025
Days until Ex dividend10 days
Days until Dividend pay date46 days

Does JET2 pay a reliable dividends?

See JET2 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 05:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

Analyst Sources

Jet2 plc is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew SimmsArden Partners Plc.
James Rowland ClarkBarclays
Damian BrewerCanaccord Genuity