International Consolidated Airlines Group
Market Cap
UK£8.3b
Last Updated
2021/07/31 17:53 UTC
Data Sources
Company Financials +
Executive Summary
International Consolidated Airlines Group, S.A., together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. More Details
Snowflake Analysis
Exceptional growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has International Consolidated Airlines Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IAG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: IAG's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
IAG
6.6%
GB Airlines
0.3%
GB Market
1 Year Return
2.0%
IAG
63.0%
GB Airlines
22.5%
GB Market
Return vs Industry: IAG underperformed the UK Airlines industry which returned 30.7% over the past year.
Return vs Market: IAG underperformed the UK Market which returned 22.4% over the past year.
Shareholder returns
| IAG | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 6.6% | 0.3% |
| 30 Day | -7.1% | -1.1% | -0.7% |
| 90 Day | -17.1% | -11.4% | 1.5% |
| 1 Year | 53.9%2.0% | 63.0%63.0% | 27.8%22.5% |
| 3 Year | -57.0%-74.9% | -16.3%-20.4% | 13.3%0.9% |
| 5 Year | -22.5%-57.5% | 44.3%27.4% | 39.6%13.2% |
Long-Term Price Volatility Vs. Market
How volatile is International Consolidated Airlines Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 hours ago | Simply Wall St
The Consensus EPS Estimates For International Consolidated Airlines Group, S.A. (LON:IAG) Just Fell Dramatically3 weeks ago | Simply Wall St
A Look At International Consolidated Airlines Group's (LON:IAG) Share Price Returns1 month ago | Simply Wall St
How Much Are International Consolidated Airlines Group, S.A. (LON:IAG) Insiders Spending On Buying Shares?Valuation
Is International Consolidated Airlines Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IAG (£1.68) is trading below our estimate of fair value (£3.74)
Significantly Below Fair Value: IAG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IAG is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.
PE vs Market: IAG 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 IAG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IAG is overvalued based on its PB Ratio (10.8x) compared to the GB Airlines industry average (2.4x).
Future Growth
How is International Consolidated Airlines Group forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
55.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IAG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: IAG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IAG's is expected to become profitable in the next 3 years.
Revenue vs Market: IAG's revenue (23.9% per year) is forecast to grow faster than the UK market (4.7% per year).
High Growth Revenue: IAG's revenue (23.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IAG's Return on Equity is forecast to be very high in 3 years time (61.1%).
Past Performance
How has International Consolidated Airlines Group performed over the past 5 years?
-56.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IAG is currently unprofitable.
Growing Profit Margin: IAG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IAG is unprofitable, and losses have increased over the past 5 years at a rate of 56.3% per year.
Accelerating Growth: Unable to compare IAG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IAG is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (2.5%).
Return on Equity
High ROE: IAG has a negative Return on Equity (-564.33%), as it is currently unprofitable.
Financial Health
How is International Consolidated Airlines Group's financial position?
Financial Position Analysis
Short Term Liabilities: IAG's short term assets (€9.9B) do not cover its short term liabilities (€11.6B).
Long Term Liabilities: IAG's short term assets (€9.9B) do not cover its long term liabilities (€21.0B).
Debt to Equity History and Analysis
Debt Level: IAG's debt to equity ratio (1066.4%) is considered high.
Reducing Debt: IAG's debt to equity ratio has increased from 61.2% to 1066.4% over the past 5 years.
Debt Coverage: IAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IAG's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is International Consolidated Airlines Group current dividend yield, its reliability and sustainability?
0.89%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IAG'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 IAG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IAG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IAG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IAG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Luis Gallego Martin
0.75
Tenure
€846,152
Compensation
Mr. Luis Gallego Martin serves as Chief Executive Officer of International Consolidated Airlines Group, S.A. since September 8, 2020. He serves as Executive Director at International Consolidated Airlines ...
CEO Compensation Analysis
Compensation vs Market: Luis's total compensation ($USD1.00M) is below average for companies of similar size in the UK market ($USD3.63M).
Compensation vs Earnings: Insufficient data to compare Luis's compensation with company performance.
Leadership Team
Experienced Management: IAG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: IAG's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 149.8%.
Top Shareholders
Company Information
International Consolidated Airlines Group, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: International Consolidated Airlines Group, S.A.
- Ticker: IAG
- Exchange: LSE
- Founded: 2009
- Industry: Airlines
- Sector: Transportation
- Market Cap: UK£8.339b
- Shares outstanding: 4.96b
- Website: https://www.iairgroup.com
Number of Employees
Location
- International Consolidated Airlines Group, S.A.
- El CaserIo
- Iberia Zona Industrial no 2(La MuNoza)
- Madrid
- Madrid
- 28042
- Spain
Listings
Biography
International Consolidated Airlines Group, S.A., together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United St...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 17:53 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.