Air T Inc Stock Fundamentals
| AIRT Stock | USD 26.23 0.10 0.38% |
Air T Inc fundamentals help investors to digest information that contributes to Air T's financial success or failures. It also enables traders to predict the movement of Air Stock. The fundamental analysis module provides a way to measure Air T's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Air T stock.
At this time, Air T's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 239.7 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (13.5 M). Air | Select Account or Indicator |
Air T Inc Company Current Valuation Analysis
Air T's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Air T Current Valuation | 196.62 M |
Most of Air T's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Air T Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Air Current Valuation Historical Pattern
Today, most investors in Air T Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air T's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Air T current valuation as a starting point in their analysis.
Air T Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Air T Inc has a Current Valuation of 196.62 M. This is 97.3% lower than that of the Air Freight & Logistics sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 98.82% higher than that of the company.
Air T Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Air T's current stock value. Our valuation model uses many indicators to compare Air T value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air T competition to find correlations between indicators driving Air T's intrinsic value. More Info.Air T Inc is rated third in return on equity category among related companies. It is rated third in return on asset category among related companies . At this time, Air T's Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Air T by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Air T's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Air T's earnings, one of the primary drivers of an investment's value.Air Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air T's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Air T could also be used in its relative valuation, which is a method of valuing Air T by comparing valuation metrics of similar companies.Air T is currently under evaluation in current valuation category among related companies.
Air T Current Valuation Drivers
We derive many important indicators used in calculating different scores of Air T from analyzing Air T's financial statements. These drivers represent accounts that assess Air T's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Air T's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 51.7M | 61.3M | 68.4M | 71.3M | 64.2M | 67.4M |
Air Fundamentals
| Return On Equity | -0.49 | ||||
| Return On Asset | -0.0191 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 196.62 M | ||||
| Shares Outstanding | 2.82 M | ||||
| Shares Owned By Insiders | 50.34 % | ||||
| Shares Owned By Institutions | 25.28 % | ||||
| Number Of Shares Shorted | 10.4 K | ||||
| Price To Earning | 6.19 X | ||||
| Price To Book | 9.67 X | ||||
| Price To Sales | 0.23 X | ||||
| Revenue | 247.32 M | ||||
| Gross Profit | 45.66 M | ||||
| EBITDA | 8.59 M | ||||
| Net Income | (11.79 M) | ||||
| Cash And Equivalents | 8.09 M | ||||
| Cash Per Share | 2.82 X | ||||
| Total Debt | 137.52 M | ||||
| Debt To Equity | 4.16 % | ||||
| Current Ratio | 4.66 X | ||||
| Book Value Per Share | 2.44 X | ||||
| Cash Flow From Operations | 16.91 M | ||||
| Short Ratio | 0.72 X | ||||
| Earnings Per Share | (5.00) X | ||||
| Number Of Employees | 584 | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 73.73 M | ||||
| Total Asset | 189.56 M | ||||
| Retained Earnings | 13.69 M | ||||
| Working Capital | 52.27 M | ||||
| Current Asset | 38.96 M | ||||
| Current Liabilities | 15.72 M | ||||
| Net Asset | 189.56 M |
About Air T Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Air T Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air T using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air T Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 349.6 K | 332.1 K | |
| Total Revenue | 284.4 M | 298.6 M | |
| Cost Of Revenue | 228.3 M | 239.7 M | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.17 | 0.10 | |
| Research And Ddevelopement To Revenue | 0 | 0 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 78.21 | 82.12 | |
| Ebit Per Revenue | 0.02 | 0.02 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air T in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air T's short interest history, or implied volatility extrapolated from Air T options trading.
Pair Trading with Air T
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air T position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air T will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
| 0.72 | FDX | FedEx Financial Report 18th of June 2024 | PairCorr |
Moving against Air Stock
| 0.89 | JBHT | JB Hunt Transport Financial Report 16th of July 2024 | PairCorr |
| 0.85 | FWRD | Forward Air | PairCorr |
| 0.84 | RLGT | Radiant Logistics | PairCorr |
| 0.77 | EXPD | Expeditors International | PairCorr |
| 0.77 | LSTR | Landstar System | PairCorr |
The ability to find closely correlated positions to Air T could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air T when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air T - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air T Inc to buy it.
The correlation of Air T is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air T moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air T Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air T can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Air T Piotroski F Score and Air T Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Air Stock analysis
When running Air T's price analysis, check to measure Air T's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.
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Is Air T's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air T. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air T listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (5.00) | Revenue Per Share 102.289 | Quarterly Revenue Growth 0.038 | Return On Assets (0.02) |
The market value of Air T Inc is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air T's value that differs from its market value or its book value, called intrinsic value, which is Air T's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air T's market value can be influenced by many factors that don't directly affect Air T's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air T's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air T is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air T's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.