Air New Zealand Limited

Company Profile

Air New Zealand Limited had its IPO on under the ticker symbol ANZFF.

The company operates in the Industrials sector and Airlines industry. Air New Zealand Limited has a staff strength of 10,450 employees.

Stock update

Shares of Air New Zealand Limited opened at $0.46 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.46 - $0.46, and closed at $0.46.

This is a +0.87% increase from the previous day's closing price.

A total volume of 100 shares were traded at the close of the day’s session.

In the last one week, shares of Air New Zealand Limited have increased by +15.62%.

Air New Zealand Limited's Key Ratios

Air New Zealand Limited has a market cap of $1.69 billion, indicating a price to book ratio of 1.5597 and a price to sales ratio of 0.619.

In the last 12-months Air New Zealand Limited’s revenue was $4.69 billion with a gross profit of $410 million and an EBITDA of $307 million. The EBITDA ratio measures Air New Zealand Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Air New Zealand Limited’s operating margin was -0.73% while its return on assets stood at -0.28% with a return of equity of -7.94%.

In Q2, Air New Zealand Limited’s quarterly earnings growth was a negative -32.8% while revenue growth was a positive 173.6%.

Air New Zealand Limited’s PE and PEG Ratio

Forward PE

26.8817

Trailing PE

0

PEG

0.8678

Its diluted EPS in the last 12-months stands at $-0.13 per share while it has a forward price to earnings multiple of 26.8817 and a PEG multiple of 0.8678. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Air New Zealand Limited’s profitability.

Air New Zealand Limited stock is trading at a EV to sales ratio of 1.5931 and a EV to EBITDA ratio of -90.7418. Its price to sales ratio in the trailing 12-months stood at 0.619.

Air New Zealand Limited stock pays annual dividends of $0 per share, indicating a yield of 24.42% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$8.35 billion

Total Liabilities

$3.17 billion

Operating Cash Flow

$-74000000.00

Capital Expenditure

$46.50 million

Dividend Payout Ratio

0%

Air New Zealand Limited ended 2024 with $8.35 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.35 billion while shareholder equity stood at $1.68 billion.

Air New Zealand Limited ended 2024 with $0 in deferred long-term liabilities, $3.17 billion in other current liabilities, 3349000000.00 in common stock, $-1644000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $1.79 billion and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $1.60 billion.

Air New Zealand Limited’s total current assets stands at $2.50 billion while long-term investments were $164.00 million and short-term investments were $0. Its net receivables were $374.00 million compared to accounts payable of $497.00 million and inventory worth $98.00 million.

In 2024, Air New Zealand Limited's operating cash flow was $-74000000.00 while its capital expenditure stood at $46.50 million.

Comparatively, Air New Zealand Limited paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.46

52-Week High

$1.01

52-Week Low

$0.3366

Analyst Target Price

$

Air New Zealand Limited stock is currently trading at $0.46 per share. It touched a 52-week high of $1.01 and a 52-week low of $1.01. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.43 and 200-day moving average was $0.42 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 5242% of the company’s stock are held by insiders while 706.9% are held by institutions.