Air Arabia PJSC Logo

Air Arabia PJSC

AIRARABIA.AE

(3.0)
Stock Price

2,71 AED

12.48% ROA

21.77% ROE

7.98x PER

Market Cap.

13.393.429.000,00 AED

32.16% DER

5.23% Yield

25.79% NPM

Air Arabia PJSC Stock Analysis

Air Arabia PJSC Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Air Arabia PJSC Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.05%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (37%), which means it has a small amount of debt compared to the ownership it holds

4 PBV

The stock's PBV ratio (1.8x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

7 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

8 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

9 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-1) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Air Arabia PJSC Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Air Arabia PJSC Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Air Arabia PJSC Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Air Arabia PJSC Revenue
Year Revenue Growth
2003 6.401.013
2004 181.307.908 96.47%
2005 411.180.321 55.91%
2006 749.165.231 45.11%
2007 803.669.430 6.78%
2008 2.065.786.197 61.1%
2009 1.971.964.782 -4.76%
2010 2.080.313.000 5.21%
2011 2.434.660.000 14.55%
2012 2.942.428.000 17.26%
2013 3.183.823.000 7.58%
2014 3.728.793.000 14.62%
2015 3.825.859.000 2.54%
2016 3.778.008.000 -1.27%
2017 3.738.866.000 -1.05%
2018 4.121.979.000 9.29%
2019 4.758.499.000 13.38%
2020 1.850.966.000 -157.08%
2021 3.174.122.000 41.69%
2022 5.241.830.000 39.45%
2023 6.519.184.000 19.59%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Air Arabia PJSC Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Air Arabia PJSC General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 5.469.511
2004 13.811.902 60.4%
2005 17.419.369 20.71%
2006 22.697.072 23.25%
2007 36.508.000 37.83%
2008 66.920.099 45.45%
2009 74.496.310 10.17%
2010 77.403.000 3.76%
2011 105.561.000 26.67%
2012 125.261.000 15.73%
2013 49.983.000 -150.61%
2014 70.298.000 28.9%
2015 75.923.000 7.41%
2016 79.125.000 4.05%
2017 66.857.000 -18.35%
2018 84.745.000 21.11%
2019 78.488.000 -7.97%
2020 62.782.000 -25.02%
2021 66.085.000 5%
2022 97.142.000 31.97%
2023 244.044.000 60.19%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Air Arabia PJSC EBITDA
Year EBITDA Growth
2003 -12.353.859
2004 -645.562 -1813.66%
2005 30.615.770 102.11%
2006 82.230.591 62.77%
2007 177.668.497 53.72%
2008 326.724.443 45.62%
2009 346.178.789 5.62%
2010 255.130.000 -35.69%
2011 296.847.000 14.05%
2012 626.396.000 52.61%
2013 667.026.000 6.09%
2014 921.359.000 27.6%
2015 1.099.378.000 16.19%
2016 995.336.000 -10.45%
2017 1.250.291.000 20.39%
2018 1.213.682.000 -3.02%
2019 1.695.928.000 28.44%
2020 563.382.000 -201.03%
2021 1.478.174.000 61.89%
2022 1.961.881.000 24.66%
2023 2.831.580.000 30.71%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Air Arabia PJSC Gross Profit
Year Gross Profit Growth
2003 -4.951.572
2004 23.871.918 120.74%
2005 65.208.467 63.39%
2006 129.542.219 49.66%
2007 211.965.346 38.89%
2008 394.214.449 46.23%
2009 358.348.268 -10.01%
2010 311.676.000 -14.97%
2011 329.756.000 5.48%
2012 524.016.000 37.07%
2013 467.729.000 -12.03%
2014 644.171.000 27.39%
2015 751.890.000 14.33%
2016 569.673.000 -31.99%
2017 717.818.000 20.64%
2018 716.758.000 -0.15%
2019 1.189.476.000 39.74%
2020 2.918.000 -40663.4%
2021 882.873.000 99.67%
2022 1.431.569.000 38.33%
2023 1.787.712.000 19.92%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Air Arabia PJSC Net Profit
Year Net Profit Growth
2003 -12.461.052
2004 -429.537 -2801.04%
2005 31.309.174 101.37%
2006 101.145.287 69.05%
2007 281.971.915 64.13%
2008 509.725.323 44.68%
2009 452.231.257 -12.71%
2010 309.559.000 -46.09%
2011 273.853.000 -13.04%
2012 419.549.000 34.73%
2013 420.739.000 0.28%
2014 552.912.000 23.9%
2015 511.254.000 -8.15%
2016 490.423.000 -4.25%
2017 630.631.000 22.23%
2018 -609.469.000 203.47%
2019 990.168.000 161.55%
2020 -192.183.000 615.22%
2021 719.927.000 126.69%
2022 1.221.786.000 41.08%
2023 2.086.232.000 41.44%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Air Arabia PJSC Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Air Arabia PJSC Free Cashflow
Year Free Cashflow Growth
2003 -12.799.702
2004 15.317.098 183.56%
2005 60.282.616 74.59%
2006 96.564.179 37.57%
2007 51.743.177 -86.62%
2008 -192.450.864 126.89%
2009 153.249.590 225.58%
2010 -21.789.000 803.33%
2011 -244.153.000 91.08%
2012 298.565.000 181.78%
2013 271.369.000 -10.02%
2014 752.145.000 63.92%
2015 1.019.567.000 26.23%
2016 792.890.000 -28.59%
2017 1.055.436.000 24.88%
2018 926.671.000 -13.9%
2019 1.668.418.000 44.46%
2020 738.756.000 -125.84%
2021 1.885.805.000 60.83%
2022 1.922.306.000 1.9%
2023 385.614.000 -398.51%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Air Arabia PJSC Operating Cashflow
Year Operating Cashflow Growth
2003 -10.870.326
2004 17.145.280 163.4%
2005 60.282.778 71.56%
2006 135.234.628 55.42%
2007 97.964.568 -38.04%
2008 388.173.504 74.76%
2009 410.279.613 5.39%
2010 446.255.000 8.06%
2011 201.927.000 -121%
2012 882.596.000 77.12%
2013 729.053.000 -21.06%
2014 1.236.063.000 41.02%
2015 1.078.082.000 -14.65%
2016 1.125.914.000 4.25%
2017 1.253.194.000 10.16%
2018 1.028.231.000 -21.88%
2019 2.093.238.000 50.88%
2020 785.301.000 -166.55%
2021 1.948.633.000 59.7%
2022 2.187.763.000 10.93%
2023 411.816.000 -431.25%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Air Arabia PJSC Capital Expenditure
Year Capital Expenditure Growth
2003 1.929.376
2004 1.828.182 -5.54%
2005 162 -1128407.41%
2006 38.670.449 100%
2007 46.221.391 16.34%
2008 580.624.368 92.04%
2009 257.030.023 -125.9%
2010 468.044.000 45.08%
2011 446.080.000 -4.92%
2012 584.031.000 23.62%
2013 457.684.000 -27.61%
2014 483.918.000 5.42%
2015 58.515.000 -727%
2016 333.024.000 82.43%
2017 197.758.000 -68.4%
2018 101.560.000 -94.72%
2019 424.820.000 76.09%
2020 46.545.000 -812.71%
2021 62.828.000 25.92%
2022 265.457.000 76.33%
2023 26.202.000 -913.12%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Air Arabia PJSC Equity
Year Equity Growth
2003 -2.461.052
2004 -1.554.032 -58.37%
2005 82.474.642 101.88%
2006 173.963.777 52.59%
2007 5.029.477.379 96.54%
2008 5.383.605.441 6.58%
2009 5.468.308.711 1.55%
2010 5.370.709.000 -1.82%
2011 5.240.885.000 -2.48%
2012 5.428.938.000 3.46%
2013 5.555.258.000 2.27%
2014 5.054.525.000 -9.91%
2015 4.961.814.000 -1.87%
2016 5.443.044.000 8.84%
2017 6.036.203.000 9.83%
2018 4.585.598.000 -31.63%
2019 5.557.898.000 17.49%
2020 4.507.916.000 -23.29%
2021 6.074.966.000 25.8%
2022 6.995.635.000 13.16%
2023 7.429.707.000 5.84%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Air Arabia PJSC Assets
Year Assets Growth
2003 48.652.854
2004 94.641.737 48.59%
2005 194.714.961 51.39%
2006 367.531.416 47.02%
2007 5.337.559.432 93.11%
2008 5.861.573.208 8.94%
2009 6.071.496.734 3.46%
2010 6.369.998.000 4.69%
2011 7.114.214.000 10.46%
2012 8.044.945.000 11.57%
2013 9.394.701.000 14.37%
2014 10.574.441.000 11.16%
2015 11.398.860.000 7.23%
2016 12.512.700.000 8.9%
2017 12.963.585.000 3.48%
2018 11.417.574.000 -13.54%
2019 12.814.286.000 10.9%
2020 12.653.001.000 -1.27%
2021 13.306.327.000 4.91%
2022 14.437.063.000 7.83%
2023 14.786.785.000 2.37%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Air Arabia PJSC Liabilities
Year Liabilities Growth
2003 51.113.906
2004 96.195.769 46.86%
2005 112.240.319 14.29%
2006 193.567.639 42.01%
2007 308.082.053 37.17%
2008 477.967.767 35.54%
2009 603.188.023 20.76%
2010 993.069.000 39.26%
2011 1.864.777.000 46.75%
2012 2.604.302.000 28.4%
2013 3.818.518.000 31.8%
2014 5.493.425.000 30.49%
2015 6.401.021.000 14.18%
2016 7.025.086.000 8.88%
2017 6.860.921.000 -2.39%
2018 6.831.976.000 -0.42%
2019 7.256.388.000 5.85%
2020 8.145.085.000 10.91%
2021 7.231.361.000 -12.64%
2022 7.441.428.000 2.82%
2023 7.357.078.000 -1.15%

Air Arabia PJSC Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.25
Net Income per Share
0.36
Price to Earning Ratio
7.98x
Price To Sales Ratio
2.29x
POCF Ratio
6.76
PFCF Ratio
8.17
Price to Book Ratio
1.8
EV to Sales
1.86
EV Over EBITDA
4.47
EV to Operating CashFlow
5.48
EV to FreeCashFlow
6.62
Earnings Yield
0.13
FreeCashFlow Yield
0.12
Market Cap
13,39 Bil.
Enterprise Value
10,85 Bil.
Graham Number
3.59
Graham NetNet
-0.52

Income Statement Metrics

Net Income per Share
0.36
Income Quality
1.18
ROE
0.24
Return On Assets
0.11
Return On Capital Employed
0.15
Net Income per EBT
0.98
EBT Per Ebit
0.99
Ebit per Revenue
0.27
Effective Tax Rate
0.02

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.27
Pretax Profit Margin
0.26
Net Profit Margin
0.26

Dividends

Dividend Yield
0.05
Dividend Yield %
5.23
Payout Ratio
0
Dividend Per Share
0.15

Operating Metrics

Operating Cashflow per Share
0.42
Free CashFlow per Share
0.35
Capex to Operating CashFlow
-0.17
Capex to Revenue
-0.06
Capex to Depreciation
-0.53
Return on Invested Capital
0.15
Return on Tangible Assets
0.12
Days Sales Outstanding
0
Days Payables Outstanding
249.58
Days of Inventory on Hand
4.16
Receivables Turnover
0
Payables Turnover
1.46
Inventory Turnover
87.79
Capex per Share
-0.07

Balance Sheet

Cash per Share
1,06
Book Value per Share
1,59
Tangible Book Value per Share
1.59
Shareholders Equity per Share
1.59
Interest Debt per Share
0.54
Debt to Equity
0.32
Debt to Assets
0.16
Net Debt to EBITDA
-1.05
Current Ratio
1.53
Tangible Asset Value
6,09 Bil.
Net Current Asset Value
-1,17 Bil.
Invested Capital
0.32
Working Capital
2,16 Bil.
Intangibles to Total Assets
0.09
Average Receivables
0,00 Bil.
Average Payables
2,76 Bil.
Average Inventory
44129500
Debt to Market Cap
0.18

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Air Arabia PJSC Dividends
Year Dividends Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2020 0 0%
2022 0 0%
2023 0 0%

Air Arabia PJSC Profile

About Air Arabia PJSC

Air Arabia PJSC, together with its subsidiaries, provides air travel services. It operates through two segments, Airline and Other. The company offers international commercial air transportation, aircraft rental, passengers transport, and cargo services, as well as aviation training, and aircraft repairs and maintenance services. It is also involved in the trading of aircraft and related spare parts. In addition, the company operates travel and tourist agencies, and airline companies' representative office services; manages lease contract; and provides documents transfer services, as well as IT services to aviation industry. Further, it manages and operates restaurants and hotels; flight and retail catering services; and rents hotel apartments. The company provides its services to approximately 170 destinations in the Middle East, North Africa, Asia, and Europe. The company was founded in 2003 and is headquartered in Sharjah, the United Arab Emirates.

CEO
Mr. Adel Abdullah Mohamed Al A
Employee
2.000
Address
Building A1
Sharjah,

Air Arabia PJSC Executives & BODs

Air Arabia PJSC Executives & BODs
# Name Age
1 Captain Mohamed Ahmed
Director of Operations
70
2 Mr. Paul Suckling
Director of Finance & Administration
70
3 Ms. Rachel Abraham
Head of Human Resources
70
4 Mr. Adel Abdullah Mohamed Al Ali
Group Chief Executive Officer & Executive Director
70
5 Mr. Mohammed Al Basha
Head of Internal Audit
70
6 Mr. Abdelrahman Bin Taliah
Head of Corporate Affairs & Investor Relations and Board Secretary
70
7 Mr. Hassan Abdulrahman Al Serkal
Executive Vice President. Chief Operating Officer & Head of Operations Division
70

Air Arabia PJSC Competitors