TRANSAT A.T. INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.57 CAD | +2.88% |
|
+5.31% | -4.29% |
| Apr. 23 | Transcript : Transat A.T. Inc. - Shareholder/Analyst Call | |
| Mar. 19 | Transat A.T. Price Target Lowered to $3.75 at TD | MT |
Valuation
| Fiscal Period: October | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 580.2 | 175.5 | 165.7 | 98.73 | 115.7 | 138.2 | - | - |
| Enterprise Value (EV) 1 | 580.2 | 175.5 | 1,152 | 1,709 | 115.7 | 1,731 | 1,515 | 1,223 |
| P/E ratio | -17.5 x | -0.35 x | -0.43 x | -0.22 x | -4.56 x | -3.87 x | -12.6 x | 3.84 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.2 x | 0.13 x | 1.33 x | 0.06 x | 0.04 x | 0.04 x | 0.04 x | 0.04 x |
| EV / Revenue | 0.2 x | 0.13 x | 9.23 x | 1.04 x | 0.04 x | 0.52 x | 0.43 x | 0.34 x |
| EV / EBITDA | 15.2 x | -1.44 x | -5.39 x | -10.9 x | 0.44 x | 7.15 x | 4.86 x | 3.47 x |
| EV / FCF | -20.6 x | -1.63 x | -2.2 x | -8.12 x | - | -47.4 x | 16.6 x | 9.99 x |
| FCF Yield | -4.86% | -61.3% | -45.5% | -12.3% | - | -2.11% | 6.02% | 10% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 37,747 | 37,747 | 37,747 | 37,973 | 38,455 | 38,720 | - | - |
| Reference price 2 | 15.37 | 4.650 | 4.390 | 2.600 | 3.010 | 3.570 | 3.570 | 3.570 |
| Announcement Date | 12/11/19 | 12/11/20 | 12/8/21 | 12/14/22 | 12/13/23 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: October | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,937 | 1,302 | 124.8 | 1,642 | 3,048 | 3,356 | 3,506 | 3,554 |
| EBITDA 1 | 38.17 | -122.2 | -213.9 | -156.8 | 263.3 | 242.2 | 311.9 | 353 |
| EBIT 1 | -25.91 | -326.3 | -373.6 | -310.2 | 89.73 | 42.35 | 88.99 | 116.7 |
| Operating Margin | -0.88% | -25.06% | -299.36% | -18.89% | 2.94% | 1.26% | 2.54% | 3.28% |
| Earnings before Tax (EBT) 1 | -38.77 | -489 | -389.4 | -449.5 | -24.68 | -3.239 | -10.47 | 35.94 |
| Net income 1 | -33.19 | -496.5 | -389.6 | -445.3 | -25.29 | -44.6 | -10.94 | 35.94 |
| Net margin | -1.13% | -38.14% | -312.1% | -27.12% | -0.83% | -1.33% | -0.31% | 1.01% |
| EPS 2 | -0.8800 | -13.15 | -10.32 | -11.77 | -0.6600 | -0.9225 | -0.2825 | 0.9300 |
| Free Cash Flow 1 | -28.2 | -107.6 | -524 | -210.4 | - | -36.49 | 91.13 | 122.5 |
| FCF margin | -0.96% | -8.26% | -419.85% | -12.81% | - | -1.09% | 2.6% | 3.45% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 29.22% | 34.7% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | 340.83% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 12/11/19 | 12/11/20 | 12/8/21 | 12/14/22 | 12/13/23 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: October | 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 | 62.78 | 202.4 | 358.2 | 508.3 | 573.1 | 667.5 | 870.1 | 746.3 | 764.5 | 785.5 | 952.8 | 814.5 | 834.5 |
| EBITDA 1 | -58.36 | -36.37 | -51.01 | -57.82 | -11.54 | 3.331 | 56.14 | 114.8 | 89.01 | -8.625 | 52.46 | 92.08 | 106.8 |
| EBIT 1 | -98 | -73.84 | -87.51 | -96 | -52.83 | -38.1 | 18.74 | 64.38 | 44.72 | -52.43 | -3 | 69 | 38 |
| Operating Margin | -156.1% | -36.48% | -24.43% | -18.89% | -9.22% | -5.71% | 2.15% | 8.63% | 5.85% | -6.67% | -0.31% | 8.47% | 4.55% |
| Earnings before Tax (EBT) | -121.8 | -113.8 | -97.62 | - | - | - | -29.07 | 58.03 | 3.023 | -61.04 | - | - | - |
| Net income 1 | -121.3 | -114.3 | -98.28 | - | - | - | -29.18 | 57.3 | 3.195 | -60.98 | -15.5 | -15 | 45.57 |
| Net margin | -193.27% | -56.48% | -27.44% | - | - | - | -3.35% | 7.68% | 0.42% | -7.76% | -1.63% | -1.84% | 5.46% |
| EPS 2 | -3.210 | -3.030 | -2.600 | -2.820 | -3.330 | -1.490 | -0.7600 | 1.490 | 0.0800 | -1.580 | -0.4000 | -0.3900 | 1.180 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 12/8/21 | 3/9/22 | 6/9/22 | 9/8/22 | 12/14/22 | 3/8/23 | 6/7/23 | 9/13/23 | 12/13/23 | 3/14/24 | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: October | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 986 | 1,610 | - | 1,593 | 1,377 | 1,085 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | -4.612 x | -10.27 x | - | 6.576 x | 4.414 x | 3.074 x |
| Free Cash Flow 1 | -28.2 | -108 | -524 | -210 | - | -36.5 | 91.1 | 122 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | - | - | - | - | 3.530 | 4.830 | - |
| Capex 1 | 92.3 | 61.4 | 5.6 | 32.5 | - | 87.8 | 67.7 | 60 |
| Capex / Sales | 3.14% | 4.72% | 4.49% | 1.98% | - | 2.62% | 1.93% | 1.69% |
| Announcement Date | 12/11/19 | 12/11/20 | 12/8/21 | 12/14/22 | 12/13/23 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
5
Last Close Price
3.57
CAD
Average target price
3.23
CAD
Spread / Average Target
-9.52%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.29% | 101M | |
| +7.91% | 1.14B | |
| +17.12% | 696M | |
| -6.88% | 455M | |
| +41.64% | 311M | |
| +2.90% | 99.08M | |
| -0.68% | 95.43M |
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- Financials Transat A.T. Inc.
