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

COMMON STOCK | Airports & Air Services | TSX

Last Closing Price

CAD 3.87

Change

0.00 (0.00)%

Market Cap

CAD 0.69B

Volume

0.70M

Avg Analyst Target

CAD 5.43 (+40.43%)

Avg User Target

CAD
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)

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Relative Returns (From:    To: 2021-09-18 )

Largest Industry Peers for Airports & Air Services

ETFs Containing CHR:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Airports & Air Services)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.59% 100% A+ 35% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.59% 100% A+ 33% F
Trailing 12 Months  
Capital Gain 54.18% 100% A+ 82% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 54.18% 100% A+ 80% B-
Trailing 5 Years  
Capital Gain -36.24% 100% A+ 16% F
Dividend Return 27.02% 100% A+ 89% B+
Total Return -9.23% 100% A+ 22% F
Average Annual (5 Year Horizon)  
Capital Gain -3.73% 100% A+ 11% F
Dividend Return 4.65% 100% A+ 89% B+
Total Return 0.91% 100% A+ 18% F
Risk Return Profile  
Volatility (Standard Deviation) 42.11% 100% A+ 24% F
Risk Adjusted Return 2.17% 100% A+ 16% F
Market Capitalization 0.69B 100% A+ 61% 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
(Airports & Air Services)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 51.60 100% A+ 11% F
Price/Book Ratio 1.01 100% A+ 74% C
Price / Cash Flow Ratio 4.39 100% A+ 65% D
EV/EBITDA 7.60 100% A+ 63% D
Management Effectiveness  
Return on Equity 2.01% 100% A+ 36% F
Return on Invested Capital 4.15% 100% A+ 55% F
Return on Assets 2.42% 100% A+ 52% F
Debt to Equity Ratio 306.51% 100% A+ 7% F
Technical Ratios  
Short Ratio 5.68 100% A+ 23% F
Short Percent 1.78% 100% A+ 51% F
Beta 2.41 100% 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%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

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User / Independent Analyst Ratings

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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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Underpriced compared to earnings

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.

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.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to 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 return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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.

Superior Revenue Growth

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

Superior Dividend Growth

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

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:

There is nothing we particularly dislike