Skyway Aviation Handling Company Plc provides aviation ground handling services.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦4.45|
|52 Week High||₦2.65|
|52 Week Low||₦4.45|
|1 Month Change||9.88%|
|3 Month Change||40.82%|
|1 Year Change||51.88%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-4.30%|
Recent News & Updates
|SKYAVN||NG Infrastructure||NG Market|
Return vs Industry: SKYAVN exceeded the NG Infrastructure industry which returned 31.4% over the past year.
Return vs Market: SKYAVN exceeded the NG Market which returned 38.9% over the past year.
Stable Share Price: SKYAVN is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SKYAVN's weekly volatility (5%) has been stable over the past year.
About the Company
Skyway Aviation Handling Company Plc provides aviation ground handling services. Its services include aircraft handling, passenger handling, ramp handling, cargo handling, aviation security, baggage reconciliation, ground and flight dispatch, and premium lounge. The company also operates SAHCO Training Academy that offers aviation training courses; and provides equipment rental and maintenance services.
Skyway Aviation Handling Fundamentals Summary
|SKYAVN fundamental statistics|
Is SKYAVN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SKYAVN income statement (TTM)|
|Cost of Revenue||₦4.46b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.65|
|Net Profit Margin||10.98%|
How did SKYAVN perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is Skyway Aviation Handling undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SKYAVN (NGN4.45) is trading below our estimate of fair value (NGN6.64)
Significantly Below Fair Value: SKYAVN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SKYAVN is good value based on its PE Ratio (6.8x) compared to the African Infrastructure industry average (10.7x).
PE vs Market: SKYAVN is good value based on its PE Ratio (6.8x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SKYAVN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SKYAVN is good value based on its PB Ratio (0.3x) compared to the XF Infrastructure industry average (2.6x).
How is Skyway Aviation Handling forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Skyway Aviation Handling has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Skyway Aviation Handling performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKYAVN has high quality earnings.
Growing Profit Margin: SKYAVN's current net profit margins (11%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: SKYAVN's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: SKYAVN's earnings growth over the past year (691.6%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: SKYAVN earnings growth over the past year (691.6%) exceeded the Infrastructure industry 0.2%.
Return on Equity
High ROE: SKYAVN's Return on Equity (4.6%) is considered low.
How is Skyway Aviation Handling's financial position?
Financial Position Analysis
Short Term Liabilities: SKYAVN's short term assets (NGN5.1B) exceed its short term liabilities (NGN2.6B).
Long Term Liabilities: SKYAVN's short term assets (NGN5.1B) exceed its long term liabilities (NGN1.5B).
Debt to Equity History and Analysis
Debt Level: SKYAVN's debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: SKYAVN's debt to equity ratio has reduced from 22.2% to 1.3% over the past 5 years.
Debt Coverage: SKYAVN's debt is well covered by operating cash flow (841.5%).
Interest Coverage: SKYAVN's interest payments on its debt are well covered by EBIT (28.6x coverage).
What is Skyway Aviation Handling current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKYAVN's dividend (3.71%) is higher than the bottom 25% of dividend payers in the NG market (3.25%).
High Dividend: SKYAVN's dividend (3.71%) is low compared to the top 25% of dividend payers in the NG market (7.24%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SKYAVN has been paying a dividend for less than 10 years.
Growing Dividend: SKYAVN has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.3%), SKYAVN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Basil Udukhokhe Agboarumi serves as Managing Director and CEO of Skyway Aviation Handling Company Ltd. and serves as its Director since September 18, 2018. He served as General Manager of Corporate Com...
Experienced Board: SKYAVN's board of directors are considered experienced (3.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Skyway Aviation Handling Company Plc's employee growth, exchange listings and data sources
- Name: Skyway Aviation Handling Company Plc
- Ticker: SKYAVN
- Exchange: NGSE
- Founded: 2009
- Industry: Airport Services
- Sector: Transportation
- Market Cap: ₦6.023b
- Shares outstanding: 1.35b
- Website: https://sahcoplc.com
Number of Employees
- Skyway Aviation Handling Company Plc
- Skyway Aviation Handling Company Plc. Co
- Cargo Terminal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:21|
|End of Day Share Price||2021/10/18 00:00|
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.