Ratings Qantas Airways Limited

Equities

QAN

AU000000QAN2

Market Closed - Australian Stock Exchange Other stock markets 12:10:50 2023-12-01 am EST			5-day change	1st Jan Change
5.350 ^AUD	+0.94%		+1.71%	-10.98%

Nov. 03	Qantas shareholders vote against remuneration report at AGM	RE
Nov. 03	Qantas chairman acknowledges opposition to remuneration report	RE

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company shows low valuation levels, with an enterprise value at 0.56 times its sales.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Sales forecast by analysts have been recently revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company appears highly valued given the size of its balance sheet.
The valuation of the company is particularly high given the cash flows generated by its activity.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The average consensus view of analysts covering the stock has deteriorated over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector : Airlines

	1st Jan change	Capi.	ESG Refinitiv
QANTAS AIRWAYS LIMITED	-10.98%	5 941 M $	C
DELTA AIR LINES, INC.	+12.39%	23 648 M $	C
RYANAIR HOLDINGS PLC	+43.94%	21 831 M $	B-
SINGAPORE AIRLINES LIMITED	+15.01%	19 644 M $	B
AIR CHINA LIMITED	-24.89%	16 234 M $	B+
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-27.36%	13 845 M $	B
UNITED AIRLINES HOLDINGS, INC.	+4.48%	12 924 M $	C
INTERGLOBE AVIATION LIMITED	+35.33%	12 522 M $	C+
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	+78.14%	12 003 M $	A-
CHINA EASTERN AIRLINES CORPORATION LIMITED	-24.05%	11 743 M $	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes