Wizz Air Holdings
Market Cap
UK£5.1b
Last Updated
2021/08/02 17:51 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with worrying balance sheet.
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
Stable Share Price: WIZZ is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WIZZ's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
9.8%
WIZZ
6.6%
GB Airlines
0.3%
GB Market
1 Year Return
59.8%
WIZZ
63.0%
GB Airlines
22.5%
GB Market
Return vs Industry: WIZZ underperformed the UK Airlines industry which returned 63% over the past year.
Return vs Market: WIZZ exceeded the UK Market which returned 22.5% over the past year.
Shareholder returns
| WIZZ | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.8% | 6.6% | 0.3% |
| 30 Day | 5.2% | -2.6% | -0.8% |
| 90 Day | 5.4% | -11.4% | 1.5% |
| 1 Year | 59.8%59.8% | 63.0%63.0% | 27.8%22.5% |
| 3 Year | 50.6%50.6% | -16.3%-20.4% | 13.3%0.9% |
| 5 Year | 225.0%225.0% | 44.3%27.4% | 39.6%13.2% |
Long-Term 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 days ago | Simply Wall St
Analyst Estimates: Here's What Brokers Think Of Wizz Air Holdings Plc (LON:WIZZ) After Its First-Quarter Report1 week ago | Simply Wall St
Here's Why We Think Wizz Air Holdings Plc's (LON:WIZZ) CEO Compensation Looks Fair for the time being2 weeks ago | Simply Wall St
Are Investors Undervaluing Wizz Air Holdings Plc (LON:WIZZ) By 27%?Valuation
Is Wizz Air Holdings undervalued compared to its fair value and its price relative to the market?
5.6x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: WIZZ (£50.74) is trading above our estimate of fair value (£23.75)
Significantly Below Fair Value: WIZZ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WIZZ is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.
PE vs Market: WIZZ 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 WIZZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WIZZ is overvalued based on its PB Ratio (5.6x) compared to the GB Airlines industry average (2.4x).
Future Growth
How is Wizz Air Holdings forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
55.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WIZZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: WIZZ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: WIZZ's is expected to become profitable in the next 3 years.
Revenue vs Market: WIZZ's revenue (29.1% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: WIZZ's revenue (29.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WIZZ's Return on Equity is forecast to be very high in 3 years time (41.8%).
Past Performance
How has Wizz Air Holdings performed over the past 5 years?
-42.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WIZZ is currently unprofitable.
Growing Profit Margin: WIZZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WIZZ is unprofitable, and losses have increased over the past 5 years at a rate of 42.8% per year.
Accelerating Growth: Unable to compare WIZZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WIZZ is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (2.5%).
Return on Equity
High ROE: WIZZ has a negative Return on Equity (-64.45%), as it is currently unprofitable.
Financial Health
How is Wizz Air Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: WIZZ's short term assets (€1.7B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: WIZZ's short term assets (€1.7B) do not cover its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: WIZZ's debt to equity ratio (98.4%) is considered high.
Reducing Debt: WIZZ's debt to equity ratio has increased from 3.9% to 98.4% over the past 5 years.
Debt Coverage: WIZZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WIZZ's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Wizz Air Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WIZZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WIZZ'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 WIZZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WIZZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WIZZ'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?
2.3yrs
Average management tenure
CEO
József Váradi
no data
Tenure
€1,620,409
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
Compensation vs Market: József's total compensation ($USD1.93M) is about average for companies of similar size in the UK market ($USD2.22M).
Compensation vs Earnings: József's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WIZZ's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: WIZZ's board of directors are not considered experienced ( 2.3 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 diluted in the past year, with total shares outstanding growing by 20.6%.
Top Shareholders
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£5.101b
- Shares outstanding: 103.04m
- Website: https://wizzair.com
Number of Employees
Location
- Wizz Air Holdings Plc
- Ogier House
- 44 The Esplanade
- Saint Helier
- JE4 9WG
- Jersey
Listings
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. As of ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/02 17:51 |
| End of Day Share Price | 2021/08/02 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.