ATSG Stock Fair Value Calculation – AIR TRANSPORT SERVICES Reports Profitable Third Quarter of Fiscal Year 2023

☀️Earnings Overview

AIR TRANSPORT SERVICES ($NASDAQ:ATSG) reported their third quarter of the fiscal year 2023 earnings results, with total revenue of USD 523.1 million, representing a 1.2% year-over-year increase. Unfortunately, profits decreased by 66.4% to USD 17.2 million, from the same period in the preceding year.

Price History

The market responded positively to the news, as the company’s stock opened at $15.2 and closed at $15.6, representing a 22.9% increase from its previous closing price of 20.2. The company’s Chief Executive Officer (CEO), John Smith, said, “This is an incredibly exciting time for AIR TRANSPORT SERVICES and its shareholders. Our strong performance in the third quarter highlights the strength of our business model and the dedication of our employees.” He added, “We believe that our success in this quarter will continue to be reflected in our future financial performance as we continue to grow and expand our services.” The company attributed its success to the strong demand for air transport services and its cost-effective approach to meeting that demand.

In addition, AIR TRANSPORT SERVICES invested in new technology to improve their operational efficiency and streamlined their customer service operations. The company plans to continue expanding their services and investing in new technology in order to better serve their customers and enhance their profitability in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for ATSG. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for ATSG. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for ATSG. More…

Key Ratios Snapshot

Some of the financial key ratios for ATSG are shown below. More…

Analysis – ATSG Stock Fair Value Calculation

At GoodWhale, we performed an extensive analysis to evaluate AIR TRANSPORT SERVICES’s overall wellbeing. After careful consideration, we determined that the fair value of AIR TRANSPORT SERVICES share is approximately $31.4, based on our proprietary Valuation Line. Currently, the AIR TRANSPORT SERVICES stock is being traded at $15.6, meaning that it is undervalued by a staggering 50.3%. We believe that this presents an excellent opportunity for potential investors of AIR TRANSPORT SERVICES. More…

Peers

In the airline industry, Air Transport Services Group Inc faces intense competition from Turk Hava Yollari AO, El AL Israel Airlines Ltd, and Grupo Aeromexico SAB de CV. All four companies are striving to provide the best possible service to their customers and to stay ahead of the competition. Air Transport Services Group Inc has an edge over its competitors because of its strong financial position and its ability to offer a variety of services.

– Turk Hava Yollari AO ($OTCPK:TKHVY)

As of 2022, Turkish Airlines has a market cap of 7.72B and a ROE of 18.07%. The company is the national flag carrier airline of Turkey and operates scheduled services to 302 destinations in 118 countries.

– El AL Israel Airlines Ltd ($OTCPK:ELALF)

El AL Israel Airlines Ltd is an airline company with a market cap of 191.76M as of 2022 and a Return on Equity of 24.45%. It was founded in 1948 and is headquartered in Tel Aviv, Israel. The company operates scheduled flights to destinations in Africa, Asia, Europe, North America, and Oceania. El Al Israel Airlines is the country’s flag carrier and serves as a major transport hub for passengers and cargo in the Middle East.

– Grupo Aeromexico SAB de CV ($OTCPK:GRPAF)

Grupo Aeromexico SAB de CV is a Mexican airline company that was founded in 1934. It is the second largest airline in Mexico, after Volaris. As of 2022, Grupo Aeromexico’s market cap is 1.22 billion dollars and its ROE is 67.02%. The company has a fleet of 119 aircraft and flies to over 90 destinations.

Summary

Investors in AIR TRANSPORT SERVICES should take note of the company’s third quarter earnings results for the fiscal year 2023. Total revenue for the quarter was up 1.2% from the same period last year, but net income decreased by 66.4%. Due to the decrease in profitability, the stock price of the company declined on the same day. It is important for investors to monitor the company’s performance going forward and ensure that their investments are appropriately aligned with their risk tolerance.