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Market Cap

RM331.9m

Last Updated

2021/09/20 15:30 UTC

Data Sources

Company Financials +

Executive Summary

AirAsia X Berhad provides long haul air transportation services under the AirAsia brand in Asia, Australia, the Middle East, and the United States. More Details


Snowflake Analysis

Slightly overvalued with limited growth.

Share Price & News

How has AirAsia X Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AAX is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: AAX's weekly volatility has decreased from 17% to 11% over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

0%

AAX

-3.8%

MY Airlines

-1.0%

MY Market


1 Year Return

45.5%

AAX

8.2%

MY Airlines

5.9%

MY Market

Return vs Industry: AAX exceeded the MY Airlines industry which returned 8.2% over the past year.

Return vs Market: AAX exceeded the MY Market which returned 5.9% over the past year.


Shareholder returns

AAXIndustryMarket
7 Day0%-3.8%-1.0%
30 Day14.3%4.2%2.6%
90 Day0%-9.2%0.03%
1 Year45.5%45.5%9.5%8.2%10.0%5.9%
3 Year-71.4%-71.4%-13.6%-21.5%1.1%-8.5%
5 Year-79.2%-79.2%-2.0%-15.7%11.7%-7.1%

Long-Term Price Volatility Vs. Market

How volatile is AirAsia X Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AirAsia X Berhad 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: AAX (MYR0.08) is trading below our estimate of fair value (MYR0.34)

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AAX has negative assets, so we can't compare its PB Ratio to the XA Airlines industry average.


Future Growth

How is AirAsia X Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

23.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AAX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AAX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AAX's revenue (21.5% per year) is forecast to grow faster than the MY market (6.4% per year).

High Growth Revenue: AAX's revenue (21.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AAX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has AirAsia X Berhad performed over the past 5 years?

-51.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAX is currently unprofitable.

Growing Profit Margin: AAX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AAX is unprofitable, and losses have increased over the past 5 years at a rate of 51% per year.

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

Earnings vs Industry: AAX is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-91.8%).


Return on Equity

High ROE: AAX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is AirAsia X Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: AAX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AAX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AAX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AAX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if AAX has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AAX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is AirAsia X Berhad current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

5.2yrs

Average management tenure


CEO

Benyamin Bin Ismail (44 yo)

6.67yrs

Tenure

Mr. Benyamin Bin Ismail serves as Chief Executive Officer of AirAsia X Malaysia at AirAsia Group Berhad. He has been the Chief Executive Officer at AirAsia X Berhad since September 1, 2015 and served as it...


Leadership Team

Experienced Management: AAX's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: AAX's board of directors are seasoned and experienced ( 10.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AirAsia X Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AirAsia X Berhad
  • Ticker: AAX
  • Exchange: KLSE
  • Founded: 2006
  • Industry: Airlines
  • Sector: Transportation
  • Market Cap: RM331.852m
  • Shares outstanding: 4.15b
  • Website: https://www.airasiax.com

Number of Employees


Location

  • AirAsia X Berhad
  • RedQ
  • Jalan Pekeliling 5
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 64000
  • Malaysia

Listings


Biography

AirAsia X Berhad provides long haul air transportation services under the AirAsia brand in Asia, Australia, the Middle East, and the United States. The company also offers logistical management and marketi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:30
End of Day Share Price2021/09/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.