Jet2 plc, together with its subsidiaries, engages in leisure travel business in the United Kingdom. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Jet2's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JET2 is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: JET2's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: JET2 exceeded the UK Airlines industry which returned 30.7% over the past year.
Return vs Market: JET2 exceeded the UK Market which returned 22.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jet2's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSome Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates
2 weeks ago | Simply Wall StThis Insider Has Just Sold Shares In Jet2 plc (LON:JET2)
2 months ago | Simply Wall StAn Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 47% Undervalued
Is Jet2 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: JET2 (£12.42) is trading below our estimate of fair value (£26.13)
Significantly Below Fair Value: JET2 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JET2 is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.
PE vs Market: JET2 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 JET2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JET2's PB Ratio (2.4x) is in line with the GB Airlines industry average.
How is Jet2 forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JET2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: JET2 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: JET2's is expected to become profitable in the next 3 years.
Revenue vs Market: JET2's revenue (59.9% per year) is forecast to grow faster than the UK market (4.7% per year).
High Growth Revenue: JET2's revenue (59.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if JET2's Return on Equity is forecast to be high in 3 years time
How has Jet2 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JET2 is currently unprofitable.
Growing Profit Margin: JET2 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JET2 is unprofitable, and losses have increased over the past 5 years at a rate of 35.6% per year.
Accelerating Growth: Unable to compare JET2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JET2 is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (2.5%).
Return on Equity
High ROE: JET2 has a negative Return on Equity (-31.06%), as it is currently unprofitable.
How is Jet2's financial position?
Financial Position Analysis
Short Term Liabilities: JET2's short term assets (£1.5B) exceed its short term liabilities (£858.2M).
Long Term Liabilities: JET2's short term assets (£1.5B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: JET2's debt to equity ratio (78.4%) is considered high.
Reducing Debt: JET2's debt to equity ratio has increased from 28.4% to 78.4% over the past 5 years.
Debt Coverage: JET2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JET2's interest payments on its debt are well covered by EBIT.
What is Jet2 current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JET2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JET2'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 JET2's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JET2's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: JET2 is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JET2'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 management tenure
Steve Heapy (52 yo)
Mr. Stephen Paul Heapy, also known as Steve, has been Chief Executive Officer at Jet2holidays Ltd. since November 30, 2009 and served as Managing Director. Mr. Heapy serves as Chief Executive Officer of Je...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD1.16M) is below average for companies of similar size in the UK market ($USD1.71M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: JET2's management team is seasoned and experienced (7.2 years average tenure).
Experienced Board: JET2's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JET2 insiders have only sold shares 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 20.1%.
Jet2 plc's company bio, employee growth, exchange listings and data sources
- Name: Jet2 plc
- Ticker: JET2
- Exchange: AIM
- Founded: 1971
- Industry: Airlines
- Sector: Transportation
- Market Cap: UK£2.665b
- Shares outstanding: 214.62m
- Website: https://www.jet2plc.com
Number of Employees
- Jet2 plc
- Low Fare Finder House
- Leeds Bradford International Airport
- West Yorkshire
- LS19 7TU
- United Kingdom
Jet2 plc, together with its subsidiaries, engages in leisure travel business in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary I...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 17:52|
|End of Day Share Price||2021/07/30 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.