company background image
SNCY

Sun Country Airlines Holdings NasdaqGS:SNCY Stock Report

Last Price

US$17.92

Market Cap

US$1.0b

7D

1.8%

1Y

-53.6%

Updated

24 Jun, 2022

Data

Company Financials +
SNCY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance4/6
Financial Health3/6
Dividends0/6

SNCY Stock Overview

Sun Country Airlines Holdings, Inc., an air carrier company, provides scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally.

Sun Country Airlines Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Sun Country Airlines Holdings
Historical stock prices
Current Share PriceUS$17.92
52 Week HighUS$40.23
52 Week LowUS$17.00
Beta0
1 Month Change-24.48%
3 Month Change-28.12%
1 Year Change-53.56%
3 Year Changen/a
5 Year Changen/a
Change since IPO-50.74%

Recent News & Updates

Jun 16

Sun Country Airlines: Lovely Company Structure, Horrible Outlook

Sun Country Airlines was profitable during the first quarter. Second quarter outlook looks somewhat weak despite high demand. The company has a nice business structure with different dynamics, but is not making the most out of it due to crew shortages.

May 14
A Look At The Intrinsic Value Of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

A Look At The Intrinsic Value Of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

In this article we are going to estimate the intrinsic value of Sun Country Airlines Holdings, Inc. ( NASDAQ:SNCY ) by...

Shareholder Returns

SNCYUS AirlinesUS Market
7D1.8%5.2%6.6%
1Y-53.6%-34.2%-18.5%

Return vs Industry: SNCY underperformed the US Airlines industry which returned -37.8% over the past year.

Return vs Market: SNCY underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is SNCY's price volatile compared to industry and market?
SNCY volatility
SNCY Average Weekly Movement7.7%
Airlines Industry Average Movement8.7%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: SNCY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SNCY's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19832,316Jude Brickerhttps://www.suncountry.com

Sun Country Airlines Holdings, Inc., an air carrier company, provides scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. As of December 31, 2021, the company operated a fleet of 48 aircraft, including 36 passenger and 12 cargo aircraft. Sun Country Airlines Holdings, Inc. was founded in 1983 and is headquartered in Minneapolis, Minnesota.

Sun Country Airlines Holdings Fundamentals Summary

How do Sun Country Airlines Holdings's earnings and revenue compare to its market cap?
SNCY fundamental statistics
Market CapUS$1.00b
Earnings (TTM)US$68.69m
Revenue (TTM)US$721.93m

15.1x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNCY income statement (TTM)
RevenueUS$721.93m
Cost of RevenueUS$493.19m
Gross ProfitUS$228.74m
Other ExpensesUS$160.05m
EarningsUS$68.69m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.18
Gross Margin31.69%
Net Profit Margin9.51%
Debt/Equity Ratio56.2%

How did SNCY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SNCY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNCY?

Other financial metrics that can be useful for relative valuation.

SNCY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA10.6x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does SNCY's PE Ratio compare to its peers?

SNCY PE Ratio vs Peers
The above table shows the PE ratio for SNCY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.8x

Price-To-Earnings vs Peers: SNCY is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (13.8x).


Price to Earnings Ratio vs Industry

How does SNCY's PE Ratio compare vs other companies in the Global Airlines Industry?

Price-To-Earnings vs Industry: SNCY is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the US Airlines industry average (14.6x)


Price to Earnings Ratio vs Fair Ratio

What is SNCY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNCY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.1x
Fair PE Ratio41.7x

Price-To-Earnings vs Fair Ratio: SNCY is good value based on its Price-To-Earnings Ratio (15.1x) compared to the estimated Fair Price-To-Earnings Ratio (41.7x).


Share Price vs Fair Value

What is the Fair Price of SNCY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SNCY ($17.92) is trading below our estimate of fair value ($26.04)

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


Price to Earnings Growth Ratio

PEG Ratio: SNCY is good value based on its PEG Ratio (0.2x)


Discover undervalued companies

Future Growth

How is Sun Country Airlines Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


67.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNCY's forecast earnings growth (67.2% per year) is above the savings rate (1.9%).

Earnings vs Market: SNCY's earnings (67.2% per year) are forecast to grow faster than the US market (13.9% per year).

High Growth Earnings: SNCY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SNCY's revenue (20.8% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: SNCY's revenue (20.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNCY's Return on Equity is forecast to be high in 3 years time (23.2%)


Discover growth companies

Past Performance

How has Sun Country Airlines Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SNCY has a large one-off gain of $73.1M impacting its March 31 2022 financial results.

Growing Profit Margin: SNCY's current net profit margins (9.5%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: SNCY's earnings have grown significantly by 24.9% per year over the past 5 years.

Accelerating Growth: SNCY's earnings growth over the past year (5347.3%) exceeds its 5-year average (24.9% per year).

Earnings vs Industry: SNCY earnings growth over the past year (5347.3%) exceeded the Airlines industry 44%.


Return on Equity

High ROE: SNCY's Return on Equity (13.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Sun Country Airlines Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SNCY's short term assets ($349.2M) exceed its short term liabilities ($301.5M).

Long Term Liabilities: SNCY's short term assets ($349.2M) do not cover its long term liabilities ($624.8M).


Debt to Equity History and Analysis

Debt Level: SNCY has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SNCY's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SNCY's debt is well covered by operating cash flow (55.7%).

Interest Coverage: SNCY's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Sun Country Airlines Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SNCY's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SNCY has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.2yrs

Average management tenure


CEO

Jude Bricker (47 yo)

4.92yrs

Tenure

US$567,092

Compensation

Mr. Jude I. Bricker has been Chief Executive Officer at Sun Country Airlines Holdings, Inc. since July 10, 2017, its Director since April 2018 and served as President since July 10, 2017. Mr. Bricker has e...


CEO Compensation Analysis

Compensation vs Market: Jude's total compensation ($USD567.09K) is below average for companies of similar size in the US market ($USD4.08M).

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


Leadership Team

Experienced Management: SNCY's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: SNCY's board of directors are not considered experienced ( 1.5 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

Sun Country Airlines Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sun Country Airlines Holdings, Inc.
  • Ticker: SNCY
  • Exchange: NasdaqGS
  • Founded: 1983
  • Industry: Airlines
  • Sector: Transportation
  • Implied Market Cap: US$1.004b
  • Shares outstanding: 57.99m
  • Website: https://www.suncountry.com

Number of Employees


Location

  • Sun Country Airlines Holdings, Inc.
  • 2005 Cargo Road
  • Minneapolis
  • Minnesota
  • 55450
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.