XNASAIRTP
Market cap54mUSD
Jan 08, Last price
17.26USD
1D
0.06%
1Q
0.03%
Name
Air T Inc
Chart & Performance
Profile
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | 2016‑03 | 2015‑03 | |
Income | ||||||||||
Revenues | 286,834 15.98% | 247,323 39.67% | 177,077 1.12% | |||||||
Cost of revenue | 281,445 | 243,882 | 167,512 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 5,389 | 3,441 | 9,565 | |||||||
NOPBT Margin | 1.88% | 1.39% | 5.40% | |||||||
Operating Taxes | 729 | 432 | 1,169 | |||||||
Tax Rate | 13.53% | 12.55% | 12.22% | |||||||
NOPAT | 4,660 | 3,009 | 8,396 | |||||||
Net income | (6,819) -42.14% | (11,785) -207.84% | 10,928 -230.19% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | 8,780 | 11,278 | ||||||||
BB yield | -14.04% | -17.17% | ||||||||
Debt | ||||||||||
Debt current | 17,880 | 42,064 | 7,925 | |||||||
Long-term debt | 121,359 | 109,555 | 144,237 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 47 | 1,342 | ||||||||
Net debt | 115,486 | 132,583 | 135,823 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 17,178 | 16,909 | (33,084) | |||||||
CAPEX | (1,076) | (1,178) | (1,558) | |||||||
Cash from investing activities | (2,499) | (6,168) | (33,388) | |||||||
Cash from financing activities | (13,910) | (12,380) | 59,254 | |||||||
FCF | 25,460 | 20,435 | (44,852) | |||||||
Balance | ||||||||||
Cash | 7,100 | 5,806 | 6,475 | |||||||
Long term investments | 16,653 | 13,230 | 9,864 | |||||||
Excess cash | 9,411 | 6,670 | 7,485 | |||||||
Stockholders' equity | 22,896 | 29,047 | 39,087 | |||||||
Invested Capital | 136,348 | 157,949 | 174,126 | |||||||
ROIC | 3.17% | 1.81% | 5.89% | |||||||
ROCE | 3.64% | 2.06% | 5.19% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,816 | 2,847 | 2,888 | |||||||
Price | 22.20 -11.38% | 25.05 10.11% | 22.75 -4.29% | |||||||
Market cap | 62,515 -12.34% | 71,317 8.55% | 65,702 -4.09% | |||||||
EV | 192,027 | 217,688 | 213,390 | |||||||
EBITDA | 8,187 | 7,603 | 11,425 | |||||||
EV/EBITDA | 23.46 | 28.63 | 18.68 | |||||||
Interest | 7,008 | 7,932 | 4,808 | |||||||
Interest/NOPBT | 130.04% | 230.51% | 50.27% |