Skywest Stock Fundamentals
| SKYW Stock | USD 73.66 0.52 0.71% |
SkyWest fundamentals help investors to digest information that contributes to SkyWest's financial success or failures. It also enables traders to predict the movement of SkyWest Stock. The fundamental analysis module provides a way to measure SkyWest's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SkyWest stock.
At this time, SkyWest's Non Operating Income Net Other is fairly stable compared to the past year. Interest Income is likely to climb to about 42 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.7 B in 2024. SkyWest | Select Account or Indicator |
SkyWest Company Return On Equity Analysis
SkyWest's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current SkyWest Return On Equity | 0.0531 |
Most of SkyWest's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SkyWest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
SkyWest Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, SkyWest has a Return On Equity of 0.0531. This is 87.93% lower than that of the Passenger Airlines sector and 99.6% lower than that of the Industrials industry. The return on equity for all United States stocks is 117.13% lower than that of the firm.
SkyWest Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SkyWest's current stock value. Our valuation model uses many indicators to compare SkyWest value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SkyWest competition to find correlations between indicators driving SkyWest's intrinsic value. More Info.SkyWest is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SkyWest is roughly 2.87 . At this time, SkyWest's Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value SkyWest by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SkyWest's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SkyWest's earnings, one of the primary drivers of an investment's value.SkyWest Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyWest's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics of similar companies.SkyWest is currently under evaluation in return on equity category among related companies.
SkyWest Fundamentals
| Return On Equity | 0.0531 | ||||
| Return On Asset | 0.0185 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 5.04 B | ||||
| Shares Outstanding | 40.36 M | ||||
| Shares Owned By Insiders | 2.50 % | ||||
| Shares Owned By Institutions | 86.68 % | ||||
| Number Of Shares Shorted | 1.98 M | ||||
| Price To Earning | 7.02 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 0.93 X | ||||
| Revenue | 2.94 B | ||||
| Gross Profit | 893.86 M | ||||
| EBITDA | 487.18 M | ||||
| Net Income | 34.34 M | ||||
| Cash And Equivalents | 974.68 M | ||||
| Cash Per Share | 19.27 X | ||||
| Total Debt | 3.09 B | ||||
| Debt To Equity | 1.49 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 53.72 X | ||||
| Cash Flow From Operations | 736.33 M | ||||
| Short Ratio | 3.44 X | ||||
| Earnings Per Share | 0.77 X | ||||
| Price To Earnings To Growth | 1.02 X | ||||
| Target Price | 77.75 | ||||
| Number Of Employees | 11.47 K | ||||
| Beta | 1.94 | ||||
| Market Capitalization | 2.97 B | ||||
| Total Asset | 7.47 B | ||||
| Retained Earnings | 2.27 B | ||||
| Working Capital | (122.4 M) | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 748.03 M | ||||
| Five Year Return | 0.77 % | ||||
| Net Asset | 7.47 B |
About SkyWest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SkyWest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyWest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyWest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 61 M | 64 M | |
| Total Revenue | 2.9 B | 1.8 B | |
| Cost Of Revenue | 2.6 B | 1.4 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.37 | 0.39 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.11) | (0.11) | |
| Revenue Per Share | 66.81 | 70.15 | |
| Ebit Per Revenue | 0.04 | 0.03 |
Currently Active Assets on Macroaxis
When determining whether SkyWest is a strong investment it is important to analyze SkyWest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SkyWest's future performance. For an informed investment choice regarding SkyWest Stock, refer to the following important reports:Check out SkyWest Piotroski F Score and SkyWest Altman Z Score analysis. For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for SkyWest Stock analysis
When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is SkyWest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SkyWest. If investors know SkyWest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SkyWest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Earnings Share 0.77 | Revenue Per Share 73.133 | Quarterly Revenue Growth 0.162 | Return On Assets 0.0185 |
The market value of SkyWest is measured differently than its book value, which is the value of SkyWest that is recorded on the company's balance sheet. Investors also form their own opinion of SkyWest's value that differs from its market value or its book value, called intrinsic value, which is SkyWest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SkyWest's market value can be influenced by many factors that don't directly affect SkyWest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SkyWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if SkyWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SkyWest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.