Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers.
Frontier Group Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.50|
|52 Week High||US$13.71|
|52 Week Low||US$22.70|
|1 Month Change||-2.33%|
|3 Month Change||-12.92%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-17.77%|
Recent News & Updates
Frontier Airlines: The Perfect Post-COVID-19 Airline
Ultra low-cost carriers are growing rapidly in the US, and with the lowest costs and fares of any airline in the US, Frontier is perfectly positioned to lead the way. Unlike every other airline, Frontier managed to exit COVID-19 without much new debt or any share dilution. Its healthy balance sheet will lead it to significant profitability before its competition. Oil prices are high, and expected to rise even further, with estimates as high as $100/bbl. Frontier Airlines is by far the most fuel efficient US airline. Frontier is growing rapidly. With plans to double its fleet in the next decade and grow revenues 85% by 2024, it's a strong growth play in the travel industry. Frontier is 96% focused on domestic and 89% on leisure. With domestic leisure travel already exceeding 2019 levels, and a cheap valuation, this stock is an easy buy.
Frontier Airlines lands mostly bull ratings as analyst coverage begins
Analyst coverage begins on Frontier Group (ULCC). Bullish ratings have landed on ULCC from Barclays (Overweight, $26 price target), Evercore ISI (Outperform), UBS (Buy, $24 PT), Citigroup (Buy, $25 PT) and Morgan Stanley (Overweight, $25 PT). There are more cautious rating in on ULCC from JPMorgan (Neutral, $20 PT) and
|ULCC||US Airlines||US Market|
Return vs Industry: Insufficient data to determine how ULCC performed against the US Airlines industry.
Return vs Market: Insufficient data to determine how ULCC performed against the US Market.
Stable Share Price: ULCC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: Insufficient data to determine ULCC's volatility change over the past year.
About the Company
Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 110 airports throughout the United States and international destinations in the Americas. As of December 31, 2020, it had a fleet of 104 Airbus single-aisle aircraft comprising 4 A319ceos, 19 A320ceos, 60 A320neos, and 21 A321ceos.
Frontier Group Holdings Fundamentals Summary
|ULCC fundamental statistics|
Is ULCC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ULCC income statement (TTM)|
|Cost of Revenue||US$1.82b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.23|
|Net Profit Margin||-18.75%|
How did ULCC perform over the long term?See historical performance and comparison
Is Frontier Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ULCC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ULCC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ULCC is unprofitable, so we can't compare its PE Ratio to the US Airlines industry average.
PE vs Market: ULCC 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 ULCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ULCC is overvalued based on its PB Ratio (6.1x) compared to the US Airlines industry average (2.6x).
How is Frontier Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ULCC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ULCC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ULCC's is expected to become profitable in the next 3 years.
Revenue vs Market: ULCC's revenue (27.5% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: ULCC's revenue (27.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ULCC's Return on Equity is forecast to be high in 3 years time (29.3%)
How has Frontier Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ULCC is currently unprofitable.
Growing Profit Margin: ULCC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ULCC is unprofitable, and losses have increased over the past 5 years at a rate of 51.7% per year.
Accelerating Growth: Unable to compare ULCC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ULCC is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (5.3%).
Return on Equity
High ROE: ULCC has a negative Return on Equity (-45.45%), as it is currently unprofitable.
How is Frontier Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ULCC's short term assets ($1.2B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: ULCC's short term assets ($1.2B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: ULCC's debt to equity ratio (66%) is considered high.
Reducing Debt: ULCC's debt to equity ratio has increased from 58.1% to 66% over the past 5 years.
Debt Coverage: ULCC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ULCC's interest payments on its debt are well covered by EBIT.
What is Frontier Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ULCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ULCC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ULCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ULCC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ULCC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ULCC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Barry Biffle (49 yo)
Mr. Barry L. Biffle has been Chief Executive Officer of Frontier Airlines, Inc. since March 2016 and serves as its President. Mr. Biffle has been Chief Executive Officer of Frontier Group Holdings, Inc. si...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD4.30M) is about average for companies of similar size in the US market ($USD5.28M).
Compensation vs Earnings: Barry's compensation has been consistent with company performance over the past year.
Experienced Management: ULCC's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: ULCC's board of directors are considered experienced (4.5 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.
Recent Insider Transactions
Dilution of Shares: ULCC only recently listed within the past 12 months.
Frontier Group Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Frontier Group Holdings, Inc.
- Ticker: ULCC
- Exchange: NasdaqGS
- Founded: 2013
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$3.154b
- Shares outstanding: 215.45m
- Website: https://www.flyfrontier.com
Number of Employees
- Frontier Group Holdings, Inc.
- 4545 Airport Way
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 22:57|
|End of Day Share Price||2021/09/23 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.