Spirit Airlines Valuation

Is SAVE * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SAVE * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SAVE *'s fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SAVE *'s fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SAVE *?

Key metric: As SAVE * is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SAVE *. This is calculated by dividing SAVE *'s market cap by their current revenue.
What is SAVE *'s PS Ratio?
PS Ratio	0.003x
Sales	US$5.13b
Market Cap	US$16.43m

SAVE * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.3x
Enterprise Value/EBITDA	-13.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does SAVE *'s PS Ratio compare to its peers?

The above table shows the PS ratio for SAVE * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.3x
VOLAR A Controladora Vuela Compañía de Aviación. de	0.3x	5.3%	Mex$18.9b
AEROMEX * Grupo Aeroméxico. de	0.3x	n/a	Mex$22.8b
TRAXION A Grupo Traxión. de	0.4x	13.5%	Mex$10.4b
GOLL4 Gol Linhas Aéreas Inteligentes	0.03x	9.7%	R$643.2m
SAVE * Spirit Airlines	0.003x	2.9%	Mex$16.4m

Price-To-Sales vs Peers: SAVE * is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.2x).

Price to Sales Ratio vs Industry

How does SAVE *'s PS Ratio compare vs other companies in the Global Airlines Industry?

19 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	n/a	6.6%
SAVE * Spirit Airlines	0.003x	2.9%	US$16.43m

19 Companies		Estimated Growth	Market Cap
Industry Avg.	n/a	17.0%
SAVE * Spirit Airlines	0.003x	52.4%	US$16.43m

No more companies

Price-To-Sales vs Industry: SAVE * is good value based on its Price-To-Sales Ratio (0x) compared to the Global Airlines industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is SAVE *'s PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SAVE * PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.003x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SAVE *'s Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.