LSE:WIZZ

Stock Analysis Report

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

WIZZIndustryMarket
7 Day0.9%2.7%-0.2%
30 Day4.3%11.7%4.0%
90 Day3.6%6.9%0.5%
1 Year18.6%18.6%-19.3%-25.2%2.9%-1.8%
3 Year121.0%121.0%41.7%23.5%20.7%6.3%
5 Yearn/a37.7%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

1 month ago | Simply Wall St

How Wizz Air Holdings Plc (LON:WIZZ) Could Add Value To Your Portfolio

Valuation

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%).


Next Steps

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).


Next Steps

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.


Next Steps

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.


Next Steps

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

Sell€600,76308 Mar 19
Owain Jones
EntityIndividual
Shares18,749
Max Price€32.04
Sell€161,50019 Feb 19
George Michalopoulos
EntityIndividual
Role
Senior Key Executive
Chief Commercial Officer
Shares5,000
Max Price€32.30
Sell€244,32627 Dec 18
József Váradi
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares8,856
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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WIZZLSE (London Stock Exchange)YesOrdinary SharesGBGBPFeb 2015
WI2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2015
WZZA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2015
WZZZ.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 21:35
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.