Wizz Air Holdings
Market Cap
UK£2.6b
Last Updated
2019/09/21 21:35 UTC
Data Sources
Company Financials +
Executive Summary
Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East.
Snowflake
Fundamentals
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Wizz Air Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.9%
WIZZ
2.7%
GB Airlines
-0.2%
GB Market
1 Year Return
18.6%
WIZZ
-25.2%
GB Airlines
-1.8%
GB Market
WIZZ outperformed the Airlines industry which returned -25.1% over the past year.
WIZZ outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -1.9% over the past year.
Share holder returns
| WIZZ | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 2.7% | -0.2% |
| 30 Day | 4.3% | 11.7% | 4.0% |
| 90 Day | 3.6% | 6.9% | 0.5% |
| 1 Year | 18.6%18.6% | -19.3%-25.2% | 2.9%-1.8% |
| 3 Year | 121.0%121.0% | 41.7%23.5% | 20.7%6.3% |
| 5 Year | n/a | 37.7%13.1% | 33.2%5.1% |
Price Volatility Vs. Market
How volatile is Wizz Air Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Wizz Air Holdings Plc (LON:WIZZ): What Can We Expect In The Future?3 weeks ago | Simply Wall St
What Kind Of Shareholders Own Wizz Air Holdings Plc (LON:WIZZ)?1 month ago | Simply Wall St
How Wizz Air Holdings Plc (LON:WIZZ) Could Add Value To Your PortfolioValuation
Is Wizz Air Holdings undervalued based on future cash flows and its price relative to the stock market?
7.45x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Unable to calculate intrinsic value for Wizz Air Holdings to establish if it is available at moderate discount.
Unable to calculate intrinsic value for Wizz Air Holdings to establish if it is available at substantial discount.
Price Based on Earnings
Wizz Air Holdings is good value based on earnings compared to the GB Airlines industry average.
Wizz Air Holdings is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price Based on Expected Growth
Wizz Air Holdings is good value based on expected growth next year.
Price Based on Value of Assets
Wizz Air Holdings is overvalued based on assets compared to the GB Airlines industry average.
Next Steps
Future Growth
How is Wizz Air Holdings expected to perform in the next 1 to 3 years based on estimates from 17 analysts?
17.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Wizz Air Holdings's revenue is expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
Wizz Air Holdings's earnings are expected to grow by 17.8% yearly, however this is not considered high growth (20% yearly).
Wizz Air Holdings's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Wizz Air Holdings's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Wizz Air Holdings's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Earnings per Share Growth Estimates
Future Return on Equity
Wizz Air Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
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Past Performance
How has Wizz Air Holdings performed over the past 5 years?
16.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Wizz Air Holdings's year on year earnings growth rate has been positive over the past 5 years.
Wizz Air Holdings's 1-year earnings growth exceeds its 5-year average (48.7% vs 16.9%)
Wizz Air Holdings's earnings growth has exceeded the GB Airlines industry average in the past year (48.7% vs -18.5%).
Return on Equity
Wizz Air Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Wizz Air Holdings used its assets more efficiently than the GB Airlines industry average last year based on Return on Assets.
Return on Capital Employed
Wizz Air Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Wizz Air Holdings's financial position?
Financial Position Analysis
Wizz Air Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Wizz Air Holdings's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Wizz Air Holdings's level of debt (1.8%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (36.4% vs 1.8% today).
Debt is well covered by operating cash flow (1519%, greater than 20% of total debt).
Wizz Air Holdings earns more interest than it pays, coverage of interest payments is not a concern.
Balance Sheet
Low level of unsold assets.
Debt is covered by short term assets, assets are 63x debt.
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Dividend
What is Wizz Air Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Wizz Air Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Wizz Air Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Wizz Air Holdings has not reported any payouts.
Unable to verify if Wizz Air Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Wizz Air Holdings has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Wizz Air Holdings's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
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Management
What is the CEO of Wizz Air Holdings's salary, the management and board of directors tenure and is there insider trading?
2.0yrs
Average management tenure
CEO
József Váradi 0
0yrs
Tenure
€4,056,438
Compensation
Mr. József Váradi serves as the Chief Executive Officer at Wizz Air Holdings Plc and Wizz Air Hungary Kft. Mr. Váradi served as the Chief Compliance Officer of Malév Hungarian Airlines and served as its Ch ...
CEO Compensation Analysis
József's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
József's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.0yrs
Average Tenure
The tenure for the Wizz Air Holdings management team is about average.
Board Age and Tenure
1.3yrs
Average Tenure
69yo
Average Age
The average tenure for the Wizz Air Holdings board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Shares | 18,749 |
| Max Price | €32.04 |
| Entity | Individual |
| Role | Senior Key Executive Chief Commercial Officer |
| Shares | 5,000 |
| Max Price | €32.30 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Executive Director |
| Shares | 8,856 |
| Max Price | €27.69 |
Ownership Breakdown
Management Team
Stephen Jones
Deputy CEO & MD
- Tenure: 1.9yrs
Diederik Pen (50yo)
Executive VP & Group COO
- Tenure: 6.7yrs
- Compensation: €667.00k
József Váradi
CEO & Executive Director
- Tenure: 0yrs
- Compensation: €4.06m
Johan Eidhagen (44yo)
Chief Marketing & People Officer
- Tenure: 3.6yrs
Iain Wetherall
Chief Financial Officer
- Tenure: 2.1yrs
George Michalopoulos
Chief Commercial Officer
- Tenure: 3yrs
Heiko Holm
Chief Operations Officer of Wizz Air Hungary
- Tenure: 0yrs
Joel Goldberg
Chief Digital Officer
- Tenure: 0.9yrs
Marion Geoffroy
Chief Corporate Officer
- Tenure: 1yrs
András Sebok
Chief Supply Chain Officer
- Tenure: 0.4yrs
Board Members
Bill Franke (82yo)
Chairman
- Tenure: 15.7yrs
- Compensation: €235.00k
Barry Eccleston (72yo)
Independent Non-Executive Director
- Tenure: 1.3yrs
- Compensation: €60.00k
Steve Johnson (62yo)
Non-Executive Director
- Tenure: 8.7yrs
- Compensation: €60.00k
Simon Duffy (70yo)
Senior Independent Non-Executive Director
- Tenure: 1.2yrs
- Compensation: €90.61k
Susan Hooper (59yo)
Independent Non Executive Director
- Tenure: 3.5yrs
- Compensation: €65.00k
Guy Demuynck (68yo)
Non-Executive Independent Director
- Tenure: 5.6yrs
- Compensation: €77.50k
József Váradi
CEO & Executive Director
- Tenure: 0yrs
- Compensation: €4.06m
Maria Kyriacou
Independent Non-Executive Director
- Tenure: 1yrs
- Compensation: €40.50k
Peter Agnefjäll
Independent Non-Executive Director
- Tenure: 1.2yrs
- Compensation: €50.65k
Andrew Broderick
Non-Independent Non-Executive Director
- Tenure: 0.4yrs
Company Information
Wizz Air Holdings Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wizz Air Holdings Plc
- Ticker: WIZZ
- Exchange: LSE
- Founded: 2003
- Industry: Airlines
- Sector: Transportation
- Market Cap: UK£2.607b
- Shares outstanding: 72.79m
- Website: https://corporate.wizzair.com
Number of Employees
Location
- Wizz Air Holdings Plc
- World Trade Center 1
- 10 Route de l’Aeroport
- Geneva
- Geneva
- 1215
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WIZZ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Feb 2015 |
| WI2 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Feb 2015 |
| WZZA.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Feb 2015 |
| WZZZ.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2017 |
Biography
Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East. It ope ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/21 21:35 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.