CHR:CA:TSX-Chorus Aviation Inc (CAD)

COMMON STOCK | Airlines | TSX

Last Closing Price

CAD 5.09

Change

0.00 (0.00)%

Market Cap

CAD 0.82B

Volume

0.66M

Average Target Price

CAD 5.17 (+1.51%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Chorus Aviation Inc., through its subsidiaries, provides various aviation support services in the United States and Canada. The company operates through two segments, Regional Aviation Services and Regional Aircraft Leasing. The Regional Aviation Services segment includes all three sectors of the regional aviation, such as contract flying, including ACMI and charter operations; aircraft leasing; and maintenance, repair, and overhaul, as well as part sales and technical services. The Regional Aircraft Leasing segment provides aircraft leasing to third-party air operators. As of February 18, 2021, this segment's portfolio of leased aircraft consisted of 62 aircraft of which 49 aircraft were on lease to airline customers, such as 18 Dash 8-400s, 16 ATR72-600s, four CRJ1000s, four E190s, two E195s, and five A220-300s. The company was formerly known as Jazz Air Income Fund and changed its name to Chorus Aviation Inc. in January 2011. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada. Address: 3 Spectacle Lake Drive, Dartmouth, NS, Canada, B3B 1W8

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-13 )

Largest Industry Peers for Airlines

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
AC:CA Air Canada

N/A

CAD9.56B 89.39 11.91
EIF:CA Exchange Income Corporation

N/A

CAD1.49B 35.48 9.09

ETFs Containing CHR:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Airlines)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 37.57% 100% A+ 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 37.57% 100% A+ 84% B
Trailing 12 Months  
Capital Gain 43.79% 67% D+ 65% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 43.79% 33% F 63% D
Trailing 5 Years  
Capital Gain -15.45% 33% F 21% F
Dividend Return 29.24% 50% F 90% A-
Total Return 13.79% 33% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain -6.07% 33% F 11% F
Dividend Return 5.18% 50% F 92% A-
Total Return -0.89% 33% F 15% F
Risk Return Profile  
Volatility (Standard Deviation) 39.61% 67% D+ 24% F
Risk Adjusted Return -2.25% 33% F 17% F
Market Capitalization 0.82B 33% F 63% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Airlines)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 41.72 67% D+ 14% F
Price/Book Ratio 1.38 100% A+ 64% D
Price / Cash Flow Ratio 5.26 67% D+ 62% D-
EV/EBITDA 8.03 100% A+ 67% D+
Management Effectiveness  
Return on Equity 3.44% 67% D+ 44% F
Return on Invested Capital 4.15% 67% D+ 55% F
Return on Assets 2.51% 67% D+ 58% F
Debt to Equity Ratio 306.51% 67% D+ 7% F
Technical Ratios  
Short Ratio 4.04 33% F 26% F
Short Percent 1.43% 67% D+ 54% F
Beta 2.42 100% A+ 7% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.