AEGEAN AIRLINES S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.65 EUR | +0.40% |
|
+4.20% | +11.55% |
| Apr. 17 | Aegean Airlines Invests in Airbus A321neos Ahead of Potential Network Expansion | DJ |
| Apr. 17 | Aegean Airlines orders four Airbus A321neo's with extended range capabilities | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 599.9 | 367.8 | 433.3 | 477 | 1,022 | 1,138 | - |
| Enterprise Value (EV) 1 | 633.7 | 780.8 | 738.8 | 966.4 | 1,022 | 1,567 | 1,638 |
| P/E ratio | 7.64 x | -1.61 x | 80.1 x | 4.66 x | 6.06 x | 8.72 x | 8.37 x |
| Yield | 7.14% | - | - | - | - | 4.88% | 6.12% |
| Capitalization / Revenue | 0.46 x | 0.89 x | 0.64 x | 0.36 x | 0.6 x | 0.66 x | 0.61 x |
| EV / Revenue | 0.48 x | 1.88 x | 1.09 x | 0.72 x | 0.6 x | 0.9 x | 0.88 x |
| EV / EBITDA | 2.35 x | -12.1 x | 6.33 x | 3.52 x | 2.55 x | 4.13 x | 4.04 x |
| EV / FCF | 2.67 x | -5.55 x | 3.93 x | 4.24 x | - | 77.2 x | 30.5 x |
| FCF Yield | 37.4% | -18% | 25.4% | 23.6% | - | 1.3% | 3.28% |
| Price to Book | 1.83 x | 4.74 x | 1.84 x | 1.37 x | - | 1.74 x | 1.51 x |
| Nbr of stocks (in thousands) | 71,417 | 71,417 | 90,167 | 90,167 | 90,157 | 89,992 | - |
| Reference price 2 | 8.400 | 5.150 | 4.805 | 5.290 | 11.34 | 12.65 | 12.65 |
| Announcement Date | 3/17/20 | 4/12/21 | 3/23/22 | 3/16/23 | 4/25/24 | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,309 | 415.1 | 674.8 | 1,337 | 1,693 | 1,734 | 1,870 |
| EBITDA 1 | 269.4 | -64.7 | 116.8 | 274.9 | 400.4 | 379.8 | 405.6 |
| EBIT 1 | 123.4 | -210.9 | -33.1 | 147.3 | 246.8 | 200.3 | 212.6 |
| Operating Margin | 9.43% | -50.81% | -4.91% | 11.02% | 14.58% | 11.55% | 11.37% |
| Earnings before Tax (EBT) 1 | 106.7 | -296.8 | -9.3 | 141.3 | 214.8 | 149.2 | 156 |
| Net income 1 | 78.5 | -227.9 | 5.1 | 106.8 | 170 | 115.9 | 121.6 |
| Net margin | 6% | -54.9% | 0.76% | 7.99% | 10.04% | 6.68% | 6.51% |
| EPS 2 | 1.100 | -3.191 | 0.0600 | 1.134 | 1.870 | 1.450 | 1.512 |
| Free Cash Flow 1 | 237 | -140.6 | 188 | 227.9 | - | 20.3 | 53.75 |
| FCF margin | 18.11% | -33.87% | 27.85% | 17.05% | - | 1.17% | 2.87% |
| FCF Conversion (EBITDA) | 87.97% | - | 160.92% | 82.89% | - | 5.34% | 13.25% |
| FCF Conversion (Net income) | 301.9% | - | 3,685.47% | 213.35% | - | 17.52% | 44.18% |
| Dividend per Share 2 | 0.6000 | - | - | - | - | 0.6175 | 0.7745 |
| Announcement Date | 3/17/20 | 4/12/21 | 3/23/22 | 3/16/23 | 4/25/24 | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2022 Q1 | 2022 Q4 |
|---|---|---|---|---|---|
| Net sales 1 | 187.4 | 152.8 | 333.9 | 120.8 | 317.4 |
| EBITDA 1 | -47.7 | -10.1 | 104.6 | -16.1 | 39.4 |
| EBIT | - | - | 70.4 | -46.7 | - |
| Operating Margin | - | - | 21.08% | -38.66% | - |
| Earnings before Tax (EBT) | -200.8 | - | - | -48.3 | - |
| Net income 1 | -158.8 | - | - | -38.5 | 13.6 |
| Net margin | -84.74% | - | - | -31.87% | 4.28% |
| EPS | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 9/28/20 | 9/17/21 | 11/24/21 | 5/26/22 | 3/16/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 33.8 | 413 | 306 | 489 | - | 428 | 499 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.1256 x | -6.384 x | 2.616 x | 1.78 x | - | 1.128 x | 1.231 x |
| Free Cash Flow 1 | 237 | -141 | 188 | 228 | - | 20.3 | 53.8 |
| ROE (net income / shareholders' equity) | 25.9% | -112% | 3.4% | 38.5% | - | 22.5% | 20.1% |
| ROA (Net income/ Total Assets) | 7.63% | -16.4% | -3.9% | 6.07% | - | 6% | 5% |
| Assets 1 | 1,029 | 1,387 | -130.8 | 1,761 | - | 1,932 | 2,433 |
| Book Value Per Share 2 | 4.600 | 1.090 | 2.610 | 3.870 | - | 7.260 | 8.370 |
| Cash Flow per Share 2 | 3.840 | -1.180 | 2.590 | 3.880 | - | 3.470 | 3.930 |
| Capex 1 | 37.5 | 56.6 | 23.5 | 122 | - | 62.9 | 55.2 |
| Capex / Sales | 2.86% | 13.64% | 3.48% | 9.15% | - | 3.63% | 2.95% |
| Announcement Date | 3/17/20 | 4/12/21 | 3/23/22 | 3/16/23 | 4/25/24 | - | - |
1EUR in Million2EUR
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
12.65
EUR
Average target price
14.65
EUR
Spread / Average Target
+15.81%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +11.55% | 1.22B | |
| +0.80% | 9.09B | |
| +2.58% | 3.75B | |
| +2.73% | 1.59B | |
| +51.02% | 1.51B | |
| +5.49% | 1.33B | |
| -8.12% | 1.15B | |
| -32.66% | 991M | |
| -10.06% | 958M | |
| +2.50% | 589M |
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- Financials AEGEAN Airlines S.A.
