NasdaqGS:AAWW

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Atlas Air Worldwide Holdings

Market Cap

US$2.0b

Last Updated

2021/08/03 23:45 UTC

Data Sources

Company Financials +

Executive Summary

Atlas Air Worldwide Holdings, Inc., through its subsidiaries, provides outsourced aircraft and aviation operating services. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Atlas Air Worldwide Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AAWW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AAWW's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

AAWW

-1.6%

US Logistics

0.9%

US Market


1 Year Return

21.2%

AAWW

28.9%

US Logistics

34.7%

US Market

Return vs Industry: AAWW underperformed the US Logistics industry which returned 29.2% over the past year.

Return vs Market: AAWW underperformed the US Market which returned 34.4% over the past year.


Shareholder returns

AAWWIndustryMarket
7 Day2.3%-1.6%0.9%
30 Day-2.1%-8.4%0.2%
90 Day-5.6%-9.9%4.7%
1 Year21.2%21.2%33.1%28.9%36.8%34.7%
3 Year8.3%8.3%47.7%35.9%62.5%52.4%
5 Year92.2%92.2%101.7%78.0%123.1%98.4%

Long-Term Price Volatility Vs. Market

How volatile is Atlas Air Worldwide Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Atlas Air Worldwide Holdings undervalued compared to its fair value and its price relative to the market?

26.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AAWW ($67.51) is trading below our estimate of fair value ($92.13)

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


Price To Earnings Ratio

PE vs Industry: AAWW is good value based on its PE Ratio (4.3x) compared to the US Logistics industry average (18.5x).

PE vs Market: AAWW is good value based on its PE Ratio (4.3x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: AAWW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AAWW is good value based on its PB Ratio (0.8x) compared to the US Logistics industry average (3.1x).


Future Growth

How is Atlas Air Worldwide Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-27.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAWW's earnings are forecast to decline over the next 3 years (-27% per year).

Earnings vs Market: AAWW's earnings are forecast to decline over the next 3 years (-27% per year).

High Growth Earnings: AAWW's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AAWW's revenue is expected to decline over the next 3 years (-2% per year).

High Growth Revenue: AAWW's revenue is forecast to decline over the next 3 years (-2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Atlas Air Worldwide Holdings performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAWW has a large one-off gain of $176.7M impacting its March 31 2021 financial results.

Growing Profit Margin: AAWW became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AAWW has become profitable over the past 5 years, growing earnings by 6.3% per year.

Accelerating Growth: AAWW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AAWW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (44.7%).


Return on Equity

High ROE: AAWW's Return on Equity (17.9%) is considered low.


Financial Health

How is Atlas Air Worldwide Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AAWW's short term assets ($1.1B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: AAWW's short term assets ($1.1B) do not cover its long term liabilities ($2.5B).


Debt to Equity History and Analysis

Debt Level: AAWW's debt to equity ratio (96.4%) is considered high.

Reducing Debt: AAWW's debt to equity ratio has reduced from 128.4% to 96.4% over the past 5 years.

Debt Coverage: AAWW's debt is well covered by operating cash flow (44.7%).

Interest Coverage: AAWW's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Dividend

What is Atlas Air Worldwide Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AAWW'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 AAWW'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?

3.6yrs

Average management tenure


CEO

John Dietrich (56 yo)

1.58yrs

Tenure

US$6,099,551

Compensation

Mr. John W. Dietrich has been the Chief Executive Officer of Atlas Air Worldwide Holdings, Inc. since January 2020, and its President of since July 01, 2019. He was President and Chief Operating Officer of...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD6.10M) is above average for companies of similar size in the US market ($USD3.71M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AAWW's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: AAWW's board of directors are considered experienced (3.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11%.


Top Shareholders

Company Information

Atlas Air Worldwide Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atlas Air Worldwide Holdings, Inc.
  • Ticker: AAWW
  • Exchange: NasdaqGS
  • Founded: 1992
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: US$1.958b
  • Shares outstanding: 29.01m
  • Website: https://www.atlasairworldwide.com

Number of Employees


Location

  • Atlas Air Worldwide Holdings, Inc.
  • 2000 Westchester Avenue
  • Purchase
  • New York
  • 10577-2543
  • United States

Listings


Biography

Atlas Air Worldwide Holdings, Inc., through its subsidiaries, provides outsourced aircraft and aviation operating services. It operates through three segments: ACMI, Charter, and Dry Leasing. The company o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/03 23:45
End of Day Share Price2021/08/03 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.