Air T Inc

  • Consumer Discretionary
  • Air Freight/Delivery Services
  • www.airt.net
  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $59.62M
  • PE -24
  • Debt $127.47M
  • Cash $9.18M
  • EV $177.90M
  • FCF $3.23M

Earnings

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Sales & Net Margins

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Earnings-$2.49M
EBIT$4.94M
ROE-28%
ROA3%
FCF$3.23M
Equity$8.81M
Growth Stability-362%
PE-23.9
PEG4.32
PB6.77
P/FCF18.49
P/S0.21
Price/Cash0.15
Debt/Equity14.47
Debt/FCF39.53
Net Margins1%
Op. Margins2%
Earnings CAGR-0%
Sales Growth YoY3%
Sales Growth QoQ22%
Sales CAGR6%
FCF CAGR5%
Equity CAGR-12%
Earnings Stability0
Earnings Growth YoY-257%
Earnings Growth QoQ-852%
Earnings CAGR 5Y-6%
Sales CAGR 5Y8%
FCF CAGR 5Y1%
Equity CAGR 5Y-24%
Earnings CAGR 3Y23%
Sales CAGR 3Y23%
FCF CAGR 3Y-48%
Equity CAGR 3Y-45%
Market Cap$59.62M
Revenue$284.09M
Assets$197.12M
Total Debt$127.47M
Cash$9.18M
Shares Outstanding2.76M
EV177.9M
Earnings Score6%
Moat Score27%
Safety Score23%
Final Score19%
Working Capital57.5M
Current Ratio2.27
Shares Growth 3y-2%
Equity Growth QoQ70%
Equity Growth YoY-20%

Assets & ROA

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Stockholders Equity & ROE

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Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, and Ground support services, Commercial jet engines and parts, Corporate and Other. It generates maximum revenue from the Overnight air cargo segment.

SEC Filings

Direct access to Air T Inc (AIRT) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-K Mar 31
  • 2023
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-K Mar 31
  • 2022
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-K Mar 31

Sector Comparison

How does Air T Inc compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Air T Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -0%
Stability 0%
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Air T Inc Discounted Cash Flow

Fully customizable DCF calculator online for Air T Inc.

= $45M
012345678910TV
fcf$3.2M$3.4M$3.5M$3.7M$3.9M$4.1M$4.3M$4.5M$4.7M$4.9M$5.2M$52M
DCF$3.1M$2.9M$2.8M$2.7M$2.5M$2.4M$2.3M$2.2M$2.1M$2M$20M
Value$45M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years03/201503/201603/201703/201803/201903/202003/202103/202203/202303/2024TTM
Net Margins2%3%-3%1%1%3%-5%6%-5%-2%1%
ROA-12%-5%4%7%5%-7%6%-2%2%3%
ROE-11%-22%9%6%31%-57%42%-95%-117%-28%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years03/201503/201603/201703/201803/201903/202003/202103/202203/202303/2024TTM
Debt over FCF-0.94-0-2.812.76-3.13-15.5-3.9687.0539.53
Debt over Equity0.230.0502.32.383.456.025.329.719.4914.47
Growth Stability---100%100%--223%100%-362%--362%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years03/201503/201603/201703/201803/201903/202003/202103/202203/202303/2024CAGR 5Y
Revenue YoY growth-32%0%31%28%-5%-26%1%40%16%8%
Earnings YoY growth-51%-232%-146%-41%471%-210%-230%-213%-45%-6%
Equity YoY growth-18%-35%9%-3%3%-41%75%-50%-55%-24%
FCF YoY growth--67%-603%107%-203%-231%-79%505%-145%2%1%