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Detailed Analysis
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Values as of: 2021-04-09
Values as of: 2021-04-09
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.
Company Website : http://www.chorusaviation.com
Address : 3 Spectacle Lake Drive, Dartmouth, NS, Canada, B3B 1W8
Employees : 2,875
Fiscal Year End : December
Currency: CAD
Country : Canada
Beta : 2.38
52 Week High : 5.34
Short Ratio : 5.10
52 Week Low : 2.12
Shorted Shares : 5,784,579
200 Day Moving Average : 3.68
Shorted Shares Previous Month : 2,492,125
50 Day Moving Average : 4.59
Shares Held By Insiders : 8.27%
Short Percentage : 4.00%
Shares Held by Institutions : 4.35%
Symbol | Name | Price(Change) | Market Cap | Price / Earning Ratio | EV/EBITDA |
---|---|---|---|---|---|
AC:CA | Air Canada |
-0.14 (-0.52%) |
CAD9.03B | 89.39 | 11.91 |
EIF:CA | Exchange Income Corporation |
+0.04 (+0.10%) |
CAD1.38B | 50.00 | 9.34 |
Symbol | Name | Weight | Mer | Price(Change) | Market Cap |
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N/A
Market Performance vs. Industry/Classification (Airlines) |
Market Performance vs. Exchange | ||||||
Value | Sector Median | Percentile Rank | Grade | Market Median | Percentile Rank | Grade | |
YTD | |||||||
Capital Gain | 21.89% | 100% | A+ | 81% | B- | ||
Dividend Return | N/A | N/A | N/A | N/A | N/A | ||
Total Return | 21.89% | 100% | A+ | 80% | B- | ||
Trailing 12 Months | |||||||
Capital Gain | 39.63% | 67% | D+ | 54% | F | ||
Dividend Return | N/A | N/A | N/A | N/A | N/A | ||
Total Return | 39.63% | 67% | D+ | 51% | F | ||
Trailing 5 Years | |||||||
Capital Gain | -30.51% | 33% | F | 16% | F | ||
Dividend Return | N/A | N/A | N/A | N/A | N/A | ||
Total Return | -30.51% | 33% | F | 14% | F | ||
Average Annual (5 Year Horizon) | |||||||
Capital Gain | -7.68% | 33% | F | 13% | F | ||
Dividend Return | 5.54% | 50% | F | 93% | A | ||
Total Return | -2.14% | 33% | F | 19% | F | ||
Risk Return Profile | |||||||
Volatility (Standard Deviation) | 38.15% | 67% | D+ | 22% | F | ||
Risk Adjusted Return | -5.62% | 33% | F | 23% | F | ||
Market Capitalization | 0.74B | 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% |
Ratio vs. Industry/Classification (Airlines) |
Ratio vs. Market |
||||||
Value | Sector Median | Percentile Rank | Grade | Market Median | Percentile Rank | Grade | |
Market Value | |||||||
Price / Earning Ratio | 18.32 | 100% | A+ | 37% | F | ||
Price/Book Ratio | 1.16 | 100% | A+ | 69% | D+ | ||
Price / Cash Flow Ratio | 4.73 | 67% | D+ | 63% | D | ||
EV/EBITDA | 7.63 | 100% | A+ | 70% | C- | ||
Management Effectiveness | |||||||
Return on Equity | 6.66% | 100% | A+ | 59% | F | ||
Return on Invested Capital | 4.15% | 67% | D+ | 56% | F | ||
Return on Assets | 3.64% | 100% | A+ | 75% | C | ||
Debt to Equity Ratio | 306.51% | 67% | D+ | 7% | F | ||
Technical Ratios | |||||||
Short Ratio | 5.10 | 33% | F | 15% | F | ||
Short Percent | N/A | N/A | N/A | N/A | N/A | ||
Beta | 2.38 | 100% | A+ | 8% | 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% |
Target Price Action | Rating Action | Analyst | Rating | Price | Date |
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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.
The stock is trading low compared to its peers on a price to earning 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.
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.
The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
The company had positive total cash flow in the most recent four quarters.
The company had positive total free cash flow in the most recent four quarters.
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.
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
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.
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.
The company has under performed its peers on annual average total returns in the past 5 years.
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.