ISE:RY4C

Stock Analysis Report

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Market Cap

€18.2b

Last Updated

2021/06/14 21:22 UTC

Data Sources

Company Financials +

Executive Summary

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. More Details


Snowflake Analysis

Exceptional growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Ryanair Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RY4C is not significantly more volatile than the rest of Irish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RY4C's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

RY4C

-1.6%

IE Airlines

-0.4%

IE Market


1 Year Return

49.3%

RY4C

1.3%

IE Airlines

40.9%

IE Market

Return vs Industry: RY4C exceeded the Irish Airlines industry which returned 1.3% over the past year.

Return vs Market: RY4C exceeded the Irish Market which returned 40.9% over the past year.


Shareholder returns

RY4CIndustryMarket
7 Day-1.8%-1.6%-0.4%
30 Day-4.4%-3.3%2.3%
90 Day-4.6%-7.8%2.6%
1 Year49.3%49.3%24.5%1.3%42.7%40.9%
3 Year1.9%1.9%-34.7%-56.4%24.8%19.2%
5 Year19.7%19.7%-12.2%-41.4%54.0%43.2%

Long-Term Price Volatility Vs. Market

How volatile is Ryanair Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ryanair Holdings 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: RY4C (€16.17) is trading below our estimate of fair value (€60.93)

Significantly Below Fair Value: RY4C is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RY4C is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.

PE vs Market: RY4C is unprofitable, so we can't compare its PE Ratio to the Irish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RY4C's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RY4C is overvalued based on its PB Ratio (3.9x) compared to the XE Airlines industry average (3x).


Future Growth

How is Ryanair Holdings forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

76.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RY4C is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: RY4C is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RY4C's is expected to become profitable in the next 3 years.

Revenue vs Market: RY4C's revenue (30.7% per year) is forecast to grow faster than the Irish market (12% per year).

High Growth Revenue: RY4C's revenue (30.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RY4C's Return on Equity is forecast to be high in 3 years time (26.9%)


Past Performance

How has Ryanair Holdings performed over the past 5 years?

-39.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RY4C is currently unprofitable.

Growing Profit Margin: RY4C is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RY4C is unprofitable, and losses have increased over the past 5 years at a rate of 39.7% per year.

Accelerating Growth: Unable to compare RY4C's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RY4C is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (10.3%).


Return on Equity

High ROE: RY4C has a negative Return on Equity (-21.85%), as it is currently unprofitable.


Financial Health

How is Ryanair Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: RY4C's short term assets (€3.5B) do not cover its short term liabilities (€3.5B).

Long Term Liabilities: RY4C's short term assets (€3.5B) do not cover its long term liabilities (€4.2B).


Debt to Equity History and Analysis

Debt Level: RY4C's debt to equity ratio (112.9%) is considered high.

Reducing Debt: RY4C's debt to equity ratio has increased from 96.1% to 112.9% over the past 5 years.

Debt Coverage: RY4C's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if RY4C's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Ryanair Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RY4C's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RY4C'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 RY4C's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RY4C'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 RY4C's dividend in 3 years as they are not forecast to pay a notable one for the Irish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Michael O'Leary (59 yo)

24.17yrs

Tenure

€3,470,000

Compensation

Mr. Michael O'Leary has been the Chief Executive Officer of Ryanair DAC (formerly known as Ryanair Limited), a subsidiary of Ryanair Holdings plc since January 1, 1994. Mr. O'Leary has served as the Group ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD4.21M) is about average for companies of similar size in the Irish market ($USD4.21M).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: RY4C's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: RY4C's board of directors are considered experienced (5.5 years average tenure).


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 5.4%.


Top Shareholders

Company Information

Ryanair Holdings plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ryanair Holdings plc
  • Ticker: RY4C
  • Exchange: ISE
  • Founded: 1985
  • Industry: Airlines
  • Sector: Transportation
  • Market Cap: €18.239b
  • Shares outstanding: 1.13b
  • Website: https://www.ryanair.com

Number of Employees


Location

  • Ryanair Holdings plc
  • Dublin Office
  • Airside Business Park
  • Swords
  • Co. Dublin
  • K67 NY94
  • Ireland

Listings


Biography

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. It is also involved ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 21:22
End of Day Share Price2021/06/14 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.