| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
VTOL Stock Overview
Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the United States.
Rewards
Risk Analysis
No risks detected for VTOL from our risk checks.
Bristow Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.60 |
| 52 Week High | US$39.72 |
| 52 Week Low | US$24.02 |
| Beta | 0 |
| 1 Month Change | 3.95% |
| 3 Month Change | -11.15% |
| 1 Year Change | 16.39% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 103.50% |
Recent News & Updates
These 4 Measures Indicate That Bristow Group (NYSE:VTOL) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Bristow Group (NYSE:VTOL) Takes On Some Risk With Its Use Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| VTOL | US Energy Services | US Market | |
|---|---|---|---|
| 7D | -8.0% | -5.0% | -6.1% |
| 1Y | 16.4% | 27.7% | 4.2% |
Return vs Industry: VTOL underperformed the US Energy Services industry which returned 27.7% over the past year.
Return vs Market: VTOL exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| VTOL volatility | |
|---|---|
| VTOL Average Weekly Movement | 5.9% |
| Energy Services Industry Average Movement | 7.3% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: VTOL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: VTOL's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1948 | 3,167 | Chris Bradshaw | https://www.bristowgroup.com |
Bristow Group Inc. provides aviation services to integrated, national, and independent offshore energy companies in the United States. It also offers commercial and public sector search and rescue services; and other ad hoc helicopter and fixed wing transportation services. As of March 31, 2021, the company had a fleet of 247 aircraft.
Bristow Group Fundamentals Summary
| VTOL fundamental statistics | |
|---|---|
| Market Cap | US$921.43m |
| Earnings (TTM) | -US$111.13m |
| Revenue (TTM) | US$1.16b |
0.8x
P/S Ratio-8.3x
P/E RatioIs VTOL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VTOL income statement (TTM) | |
|---|---|
| Revenue | US$1.16b |
| Cost of Revenue | US$878.61m |
| Gross Profit | US$281.66m |
| Expenses | US$392.79m |
| Earnings | -US$111.13m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.93 |
| Gross Margin | 24.28% |
| Net Profit Margin | -9.58% |
| Debt/Equity Ratio | 63.4% |
How did VTOL perform over the long term?
See historical performance and comparisonValuation
Is Bristow Group 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: VTOL ($32.6) is trading below our estimate of fair value ($66.06)
Significantly Below Fair Value: VTOL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VTOL is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: VTOL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VTOL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VTOL's PB Ratio (1.1x) is in line with the US Energy Services industry average.
Future Growth
How is Bristow Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
79.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VTOL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: VTOL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VTOL's is expected to become profitable in the next 3 years.
Revenue vs Market: VTOL's revenue (7% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: VTOL's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VTOL's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Bristow Group performed over the past 5 years?
-1.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VTOL is currently unprofitable.
Growing Profit Margin: VTOL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VTOL is unprofitable, and losses have increased over the past 5 years at a rate of 1.4% per year.
Accelerating Growth: Unable to compare VTOL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VTOL is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-2.7%).
Return on Equity
High ROE: VTOL has a negative Return on Equity (-13.25%), as it is currently unprofitable.
Financial Health
How is Bristow Group's financial position?
Financial Position Analysis
Short Term Liabilities: VTOL's short term assets ($559.5M) exceed its short term liabilities ($279.1M).
Long Term Liabilities: VTOL's short term assets ($559.5M) do not cover its long term liabilities ($743.1M).
Debt to Equity History and Analysis
Debt Level: VTOL's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: VTOL's debt to equity ratio has reduced from 85.5% to 63.4% over the past 5 years.
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: Whilst unprofitable VTOL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VTOL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.3% per year.
Dividend
What is Bristow Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VTOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VTOL'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 VTOL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VTOL'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 VTOL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Chris Bradshaw (45 yo)
1.58yrs
Tenure
US$3,129,824
Compensation
Mr. Christopher S. Bradshaw, also known as Chris, was Chief Executive Officer and President of Era Group Inc. since November 28, 2014 until June 2020 and served as Chief Financial Officer from October 22,...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD3.13M) is above average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: VTOL's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: VTOL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Bristow Group Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Bristow Group Inc.
- Ticker: VTOL
- Exchange: NYSE
- Founded: 1948
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$921.431m
- Shares outstanding: 28.26m
- Website: https://www.bristowgroup.com
Number of Employees
Location
- Bristow Group Inc.
- 3151 Briarpark Drive
- Suite 700, 7th Floor
- Houston
- Texas
- 77042
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 23:28 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.