Bristow Group
Market Cap
US$840.2m
Last Updated
2021/01/19 00:04 UTC
Data Sources
Company Financials +
Executive Summary
Bristow Group Inc. provides industrial aviation services to the offshore energy industry worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Bristow Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VTOL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: VTOL's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
2.5%
VTOL
1.1%
US Energy Services
-0.4%
US Market
1 Year Return
n/a
VTOL
-26.9%
US Energy Services
19.5%
US Market
Return vs Industry: Insufficient data to determine how VTOL performed against the US Energy Services industry.
Return vs Market: Insufficient data to determine how VTOL performed against the US Market.
Shareholder returns
| VTOL | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 1.1% | -0.4% |
| 30 Day | 1.7% | 11.8% | 2.3% |
| 90 Day | 21.0% | 67.9% | 12.7% |
| 1 Year | n/a | -24.9%-26.9% | 22.3%19.5% |
| 3 Year | n/a | -59.3%-62.6% | 44.4%34.8% |
| 5 Year | n/a | -39.9%-50.5% | 128.7%103.3% |
Long-Term Price Volatility Vs. Market
How volatile is Bristow Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Bristow Group Inc. (NYSE:VTOL) Could Be Less Than A Year Away From Profitability2 months ago | Simply Wall St
Bristow Group Inc. (NYSE:VTOL) Insiders Increased Their Holdings4 months ago | Simply Wall St
Bristow Group (NYSE:VTOL) Use Of Debt Could Be Considered RiskyValuation
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 ($28.28) is trading below our estimate of fair value ($58.9)
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 (0.8x) is in line with the US Energy Services industry average.
Next Steps
Future Growth
How is Bristow Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
2.9%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if VTOL's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if VTOL's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VTOL's revenue (2.9% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: VTOL's revenue (2.9% 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
Next Steps
Past Performance
How has Bristow Group performed over the past 5 years?
-41.2%
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 41.2% 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 (-4%).
Return on Equity
High ROE: VTOL has a negative Return on Equity (-31.8%), as it is currently unprofitable.
Next Steps
Financial Health
How is Bristow Group's financial position?
Financial Position Analysis
Short Term Liabilities: VTOL's short term assets ($672.7M) exceed its short term liabilities ($351.2M).
Long Term Liabilities: VTOL's short term assets ($672.7M) do not cover its long term liabilities ($849.6M).
Debt to Equity History and Analysis
Debt Level: VTOL's debt to equity ratio (63.7%) is considered high.
Reducing Debt: VTOL's debt to equity ratio has reduced from 63.9% to 63.7% 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: VTOL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VTOL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
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?
0.6yrs
Average management tenure
CEO
Chris Bradshaw (44 yo)
0.58
Tenure
Mr. Christopher S. Bradshaw, also known as Chris, had been the Chief Executive Officer and President of Era Group Inc. since November 28, 2014 and served as Chief Financial Officer from October 22, 2012 to...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior VP & Chief Administrative Officer | 4.58yrs | US$972.64k | no data | |
| Senior Vice President of Americas | 2.58yrs | US$1.49m | no data | |
| Senior Vice President of Europe | 2.58yrs | US$1.44m | no data | |
| President | 0.58yr | no data | 0.59% $ 4.9m | |
| Senior VP & CFO | 0.58yr | no data | 0.15% $ 1.3m | |
| Executive VP & COO | 0.58yr | no data | 0.021% $ 178.2k | |
| Chief Accounting Officer | 1.75yrs | no data | no data | |
| VP of Information Technology & Chief Information Officer | no data | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP & General Counsel | 0.58yr | no data | 0.12% $ 1.0m | |
| Director of Global Communications | no data | no data | no data | |
| Senior Vice President of Global Fleet Management | 0.58yr | no data | 0.19% $ 1.6m |
0.6yrs
Average Tenure
46yo
Average Age
Experienced Management: VTOL's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.58yr | no data | 0.59% $ 4.9m | |
| Director | no data | no data | 0.40% $ 3.3m | |
| Chairman | 1.08yrs | no data | 0.064% $ 537.3k | |
| Director | 0.58yr | no data | no data | |
| Director | 2yrs | no data | no data | |
| Director | 2yrs | no data | no data | |
| Director | 2yrs | no data | no data | |
| Director | 2yrs | no data | no data |
2.0yrs
Average Tenure
61yo
Average Age
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: VTOL only recently listed within the past 12 months.
Top Shareholders
Company Information
Bristow Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bristow Group Inc.
- Ticker: VTOL
- Exchange: NYSE
- Founded:
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$840.222m
- Shares outstanding: 29.71m
- Website: https://www.bristowgroup.com
Number of Employees
Location
- Bristow Group Inc.
- 3151 Briarpark Drive
- Suite 700
- Houston
- Texas
- 77042
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VTOL | NYSE (New York Stock Exchange) | Yes | New common Stock | US | USD | Jun 2020 |
| ERG1 | DB (Deutsche Boerse AG) | Yes | New common Stock | DE | EUR | Jun 2020 |
Biography
Bristow Group Inc. provides industrial aviation services to the offshore energy industry worldwide. It conducts major transportation operations in the North Sea, Nigeria, and the U.S. Gulf of Mexico; and o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 00:04 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.