Air Partner plc provides aircraft charter, aviation safety, security solutions, and managed services in the United Kingdom, Europe, the United States, and internationally. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Air Partner's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AIR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AIR's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AIR underperformed the UK Airlines industry which returned 41.4% over the past year.
Return vs Market: AIR underperformed the UK Market which returned 19.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Air Partner's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAir Partner (LON:AIR) Is Very Good At Capital Allocation
3 months ago | Simply Wall StDo Its Financials Have Any Role To Play In Driving Air Partner plc's (LON:AIR) Stock Up Recently?
6 months ago | Simply Wall StIs It Too Late To Consider Buying Air Partner plc (LON:AIR)?
Is Air Partner 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: AIR (£0.9) is trading below our estimate of fair value (£12.03)
Significantly Below Fair Value: AIR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AIR is good value based on its PE Ratio (10.2x) compared to the Global Airlines industry average (37.4x).
PE vs Market: AIR is good value based on its PE Ratio (10.2x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AIR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIR's PB Ratio (2.7x) is in line with the GB Airlines industry average.
How is Air Partner forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if AIR's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if AIR's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AIR's revenue (8.1% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: AIR's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AIR's Return on Equity is forecast to be high in 3 years time (23.5%)
How has Air Partner performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIR has a large one-off loss of £2.2M impacting its January 31 2021 financial results.
Growing Profit Margin: AIR's current net profit margins (7.9%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: AIR's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: AIR's earnings growth over the past year (1645.4%) exceeds its 5-year average (8.5% per year).
Earnings vs Industry: AIR earnings growth over the past year (1645.4%) exceeded the Airlines industry -22%.
Return on Equity
High ROE: AIR's Return on Equity (26.7%) is considered high.
How is Air Partner's financial position?
Financial Position Analysis
Short Term Liabilities: AIR's short term assets (£38.4M) exceed its short term liabilities (£38.3M).
Long Term Liabilities: AIR's short term assets (£38.4M) exceed its long term liabilities (£3.7M).
Debt to Equity History and Analysis
Debt Level: AIR is debt free.
Reducing Debt: AIR has no debt compared to 5 years ago when its debt to equity ratio was 25%.
Debt Coverage: AIR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AIR has no debt, therefore coverage of interest payments is not a concern.
What is Air Partner current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AIR's dividend (2.66%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: AIR's dividend (2.66%) is low compared to the top 25% of dividend payers in the UK market (3.92%).
Stability and Growth of Payments
Stable Dividend: AIR's dividend payments have been volatile in the past 10 years.
Growing Dividend: AIR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.5%), AIR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AIR's dividends in 3 years are forecast to be well covered by earnings (33.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Briffa (56 yo)
Mr. Mark A. Briffa has been the Chief Executive Officer of Air Partner PLC since April 01, 2010. Mr. Briffa served as the Managing Director of UK Board at Air Partner PLC since 2006. He served as the Chief...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD885.75K) is above average for companies of similar size in the UK market ($USD327.28K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: AIR's management team is considered experienced (2.7 years average tenure).
Experienced Board: AIR's board of directors are not considered experienced ( 2.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Air Partner plc's company bio, employee growth, exchange listings and data sources
- Name: Air Partner plc
- Ticker: AIR
- Exchange: LSE
- Founded: 1961
- Industry: Airlines
- Sector: Transportation
- Market Cap: UK£57.227m
- Shares outstanding: 63.52m
- Website: https://www.airpartnergroup.com
Number of Employees
- Air Partner plc
- 2 City Place
- Beehive Ring Road
- West Sussex
- RH6 0PA
- United Kingdom
Air Partner plc provides aircraft charter, aviation safety, security solutions, and managed services in the United Kingdom, Europe, the United States, and internationally. It operates through Group Charter...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 17:42|
|End of Day Share Price||2021/09/17 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.