Spirit Airlines Stock Current Valuation
| SAVE Stock | USD 3.68 0.24 6.98% |
Valuation analysis of Spirit Airlines helps investors to measure Spirit Airlines' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The current year's Enterprise Value is expected to grow to about 2.6 B, whereas Enterprise Value Over EBITDA is projected to grow to (275.04). Fundamental drivers impacting Spirit Airlines' valuation include:
Price Book 0.4034 | Enterprise Value 6.3 B | Enterprise Value Ebitda (55.64) | Price Sales 0.0853 | Forward PE 35.461 |
Fairly Valued
Today
Please note that Spirit Airlines' price fluctuation is unstable at this time. Calculation of the real value of Spirit Airlines is based on 3 months time horizon. Increasing Spirit Airlines' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Spirit Airlines is useful when determining the fair value of the Spirit stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Spirit Airlines. Since Spirit Airlines is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Spirit Stock. However, Spirit Airlines' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.68 | Real 3.62 | Target 18.75 | Hype 3.68 | Naive 3.39 |
The real value of Spirit Stock, also known as its intrinsic value, is the underlying worth of Spirit Airlines Company, which is reflected in its stock price. It is based on Spirit Airlines' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Spirit Airlines' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Spirit Airlines' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Spirit Airlines helps investors to forecast how Spirit stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Spirit Airlines more accurately as focusing exclusively on Spirit Airlines' fundamentals will not take into account other important factors: Spirit Airlines Company Current Valuation Analysis
Spirit Airlines' 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 Spirit Airlines Current Valuation | 6.29 B |
Most of Spirit Airlines' 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, Spirit Airlines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Spirit Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Spirit Airlines is extremely important. It helps to project a fair market value of Spirit Stock properly, considering its historical fundamentals such as Current Valuation. Since Spirit Airlines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spirit Airlines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spirit Airlines' interrelated accounts and indicators.
Click cells to compare fundamentals
Spirit Current Valuation Historical Pattern
Today, most investors in Spirit Airlines Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Spirit Airlines' 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 Spirit Airlines current valuation as a starting point in their analysis.
Spirit Airlines Current Valuation |
| Timeline |
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.
| Competition |
In accordance with the recently published financial statements, Spirit Airlines has a Current Valuation of 6.29 B. This is 13.58% lower than that of the Passenger Airlines sector and 60.68% lower than that of the Industrials industry. The current valuation for all United States stocks is 62.14% higher than that of the company.
Spirit Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spirit Airlines' 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 Spirit Airlines could also be used in its relative valuation, which is a method of valuing Spirit Airlines by comparing valuation metrics of similar companies.Spirit Airlines is currently under evaluation in current valuation category among related companies.
Spirit Fundamentals
| Return On Equity | -0.33 | ||||
| Return On Asset | -0.0264 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 6.29 B | ||||
| Shares Outstanding | 109.5 M | ||||
| Shares Owned By Insiders | 0.66 % | ||||
| Shares Owned By Institutions | 59.85 % | ||||
| Number Of Shares Shorted | 27.56 M | ||||
| Price To Earning | 4.55 X | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 5.36 B | ||||
| Gross Profit | 973.03 M | ||||
| EBITDA | (27.13 M) | ||||
| Net Income | (447.46 M) | ||||
| Cash And Equivalents | 1.06 B | ||||
| Cash Per Share | 9.73 X | ||||
| Total Debt | 6.93 B | ||||
| Debt To Equity | 2.88 % | ||||
| Current Ratio | 0.93 X | ||||
| Book Value Per Share | 10.38 X | ||||
| Cash Flow From Operations | (246.66 M) | ||||
| Short Ratio | 4.92 X | ||||
| Earnings Per Share | (4.10) X | ||||
| Price To Earnings To Growth | 20.44 X | ||||
| Target Price | 3.91 | ||||
| Number Of Employees | 13.17 K | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 376.68 M | ||||
| Total Asset | 9.42 B | ||||
| Retained Earnings | 56.76 M | ||||
| Working Capital | (159.47 M) | ||||
| Current Asset | 1.03 B | ||||
| Current Liabilities | 466.24 M | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 9.42 B |
About Spirit Airlines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spirit Airlines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spirit Airlines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spirit Airlines 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.
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When determining whether Spirit Airlines is a strong investment it is important to analyze Spirit Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spirit Airlines' future performance. For an informed investment choice regarding Spirit Stock, refer to the following important reports:Check out Spirit Airlines Piotroski F Score and Spirit Airlines Altman Z Score analysis. For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Spirit Stock analysis
When running Spirit Airlines' price analysis, check to measure Spirit Airlines' 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 Spirit Airlines is operating at the current time. Most of Spirit Airlines' value examination focuses on studying past and present price action to predict the probability of Spirit Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Airlines' price. Additionally, you may evaluate how the addition of Spirit Airlines to your portfolios can decrease your overall portfolio volatility.
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Is Spirit Airlines' 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 Spirit Airlines. If investors know Spirit 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 Spirit Airlines 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 (0.14) | Earnings Share (4.10) | Revenue Per Share 49.129 | Quarterly Revenue Growth (0.05) | Return On Assets (0.03) |
The market value of Spirit Airlines is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Airlines' value that differs from its market value or its book value, called intrinsic value, which is Spirit Airlines' 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 Spirit Airlines' market value can be influenced by many factors that don't directly affect Spirit Airlines' 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 Spirit Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Airlines' 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.