Financials Hawaiian Holdings, Inc.

Equities

HA

US4198791018

Airlines

Market Closed - Nasdaq 04:00:00 2024-04-19 pm EDT 5-day change 1st Jan Change
12.95 USD -0.31% Intraday chart for Hawaiian Holdings, Inc. -0.46% -8.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,365 814.3 940.8 527.5 733.2 671.4 - -
Enterprise Value (EV) 1 1,510 1,242 1,637 1,430 1,845 2,840 3,266 3,502
P/E ratio 6.22 x -1.6 x -6.45 x -2.2 x -2.81 x -3.04 x -14.4 x 43.2 x
Yield 1.64% 0.68% - - - - - -
Capitalization / Revenue 0.48 x 0.96 x 0.59 x 0.2 x 0.27 x 0.22 x 0.2 x 0.19 x
EV / Revenue 0.53 x 1.47 x 1.03 x 0.54 x 0.68 x 0.94 x 0.96 x 0.99 x
EV / EBITDA 2.55 x -2.82 x -12.7 x 19.6 x -31.2 x 49 x 13.6 x 10.2 x
EV / FCF 17.2 x -2.98 x 7.72 x -13.6 x -4.1 x -6.24 x -8.48 x -
FCF Yield 5.81% -33.5% 13% -7.36% -24.4% -16% -11.8% -
Price to Book 1.25 x 1.42 x 1.65 x 1.58 x 7.68 x -4.48 x -3.91 x -16.8 x
Nbr of stocks (in thousands) 46,592 46,004 51,213 51,411 51,636 51,849 - -
Reference price 2 29.29 17.70 18.37 10.26 14.20 12.95 12.95 12.95
Announcement Date 1/30/20 1/26/21 1/25/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,832 844.8 1,597 2,641 2,716 3,019 3,390 3,555
EBITDA 1 592.9 -440.9 -129.2 72.84 -59.22 57.95 240.9 344.3
EBIT 1 320.5 -684.5 -384.7 -191.3 -307.7 -238.2 -12.67 2
Operating Margin 11.32% -81.02% -24.09% -7.24% -11.33% -7.89% -0.37% 0.06%
Earnings before Tax (EBT) 1 305 -700.1 -185.3 -293.8 -327.8 -280.9 -59.62 20.15
Net income 1 224 -510.9 -144.8 -240.1 -260.5 -220.8 -46.83 15.42
Net margin 7.91% -60.48% -9.07% -9.09% -9.59% -7.31% -1.38% 0.43%
EPS 2 4.710 -11.08 -2.850 -4.670 -5.050 -4.258 -0.9006 0.2999
Free Cash Flow 1 87.72 -416 212.1 -105.3 -450.2 -455 -385 -
FCF margin 3.1% -49.24% 13.28% -3.99% -16.57% -15.07% -11.36% -
FCF Conversion (EBITDA) 14.8% - - - - - - -
FCF Conversion (Net income) 39.16% - - - - - - -
Dividend per Share 2 0.4800 0.1200 - - - - - -
Announcement Date 1/30/20 1/26/21 1/25/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 508.8 494.7 477.2 691.9 741.2 731 612.6 706.9 727.7 669.1 629.2 766.1 830.8 793.1
EBITDA 1 23.84 -5.443 -105.5 1.099 47.85 51.42 -57.23 52.42 14.78 -69.18 -87.75 38.6 71.65 35.45
EBIT 1 -36.73 -43.14 -157.3 -43.9 -2.309 -20.29 -132.5 -21.69 -54.92 -133.7 -171.2 -30.37 0.8 -41.67
Operating Margin -7.22% -8.72% -32.96% -6.34% -0.31% -2.78% -21.64% -3.07% -7.55% -19.98% -27.21% -3.96% 0.1% -5.25%
Earnings before Tax (EBT) 1 19.17 -119.4 -154.8 -45.93 -10.78 -62.92 -125.8 -14.46 -60.52 -127 -177.4 -48.21 -10.66 -44.65
Net income 1 14.67 -92.57 -122.8 -36.77 -9.269 -50.16 -98.26 -12.34 -48.72 -101.2 -140.1 -37.48 -8.376 -34.92
Net margin 2.88% -18.71% -25.73% -5.32% -1.25% -6.86% -16.04% -1.74% -6.7% -15.12% -22.26% -4.89% -1.01% -4.4%
EPS 2 0.2800 -1.810 -2.390 -0.7200 -0.1800 -0.9800 -1.910 -0.2400 -0.9400 -1.960 -2.703 -0.7226 -0.1581 -0.6719
Dividend per Share 2 - - - - - - - - - - - - - -
Announcement Date 10/26/21 1/25/22 4/26/22 7/26/22 10/25/22 1/31/23 4/25/23 7/25/23 10/24/23 1/30/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 146 427 697 902 1,112 2,168 2,595 2,831
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.2456 x -0.9691 x -5.392 x 12.39 x -18.78 x 37.42 x 10.77 x 8.221 x
Free Cash Flow 1 87.7 -416 212 -105 -450 -455 -385 -
ROE (net income / shareholders' equity) 21.6% -65.5% -65.6% -46.6% -122% - - -
ROA (Net income/ Total Assets) 5.98% -13.6% -8.91% -4.8% -6.62% -5.74% -0.88% 1%
Assets 1 3,747 3,757 1,625 5,003 3,937 3,848 5,337 1,545
Book Value Per Share 2 23.50 12.50 11.10 6.480 1.850 -2.890 -3.310 -0.7700
Cash Flow per Share 2 10.20 -6.740 4.950 -1.120 -3.100 0.0700 3.380 3.920
Capex 1 397 105 39.3 47.5 290 514 591 436
Capex / Sales 14.03% 12.47% 2.46% 1.8% 10.68% 17.04% 17.43% 12.27%
Announcement Date 1/30/20 1/26/21 1/25/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
12.95 USD
Average target price
15.25 USD
Spread / Average Target
+17.76%
Consensus
  1. Stock Market
  2. Equities
  3. HA Stock
  4. Financials Hawaiian Holdings, Inc.