Financials Jet2 plc

Equities

DTG

GB00B1722W11

Airlines

Market Closed - London S.E. 11:35:05 2024-05-31 EDT 5-day change 1st Jan Change
1,328 GBX +0.08% Intraday chart for Jet2 plc -1.63% +6.33%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,180 820.5 2,721 2,457 2,818 2,851 - -
Enterprise Value (EV) 1 889.2 591.4 2,660 1,799 1,568 1,314 802.1 413.6
P/E ratio 8.12 x 7.08 x -8.39 x -7.79 x 10.4 x 7.81 x 7.59 x 7.25 x
Yield 1.29% 0.54% - - 0.84% 0.95% 1.01% 1.08%
Capitalization / Revenue 0.38 x 0.23 x 6.88 x 2 x 0.56 x 0.45 x 0.39 x 0.36 x
EV / Revenue 0.28 x 0.16 x 6.73 x 1.46 x 0.31 x 0.21 x 0.11 x 0.05 x
EV / EBITDA 2.64 x 1.19 x -15.5 x -10.9 x 2.7 x 1.95 x 1.1 x 0.52 x
EV / FCF 6.42 x 2.55 x -3.05 x 2.8 x 2.08 x 1.94 x 1.63 x 0.93 x
FCF Yield 15.6% 39.2% -32.8% 35.7% 48.2% 51.5% 61.5% 107%
Price to Book - 1.3 x 2.36 x 2.74 x 2.78 x 2.11 x 1.65 x 1.35 x
Nbr of stocks (in thousands) 148,753 148,909 214,561 214,619 214,681 214,681 - -
Reference price 2 7.935 5.510 12.68 11.45 13.12 13.28 13.28 13.28
Announcement Date 19-07-11 20-07-09 21-07-08 22-07-07 23-07-06 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,143 3,585 395.4 1,232 5,034 6,300 7,219 7,861
EBITDA 1 337.2 498.2 -171.6 -165.6 581.8 672.9 727.3 789
EBIT 1 203.4 293 -336.1 -323.9 394 435.1 462.3 497.5
Operating Margin 6.47% 8.17% -85% -26.3% 7.83% 6.91% 6.4% 6.33%
Earnings before Tax (EBT) 1 177.5 153.2 -373.8 -376.2 390.8 518.9 537.1 561.6
Net income 1 - 116 -271.2 -315.4 290.8 394.9 408.6 426.9
Net margin - 3.24% -68.59% -25.61% 5.78% 6.27% 5.66% 5.43%
EPS 2 0.9768 0.7778 -1.512 -1.470 1.266 1.701 1.751 1.831
Free Cash Flow 1 138.6 231.8 -872.2 642.6 755.5 676.6 493.2 443
FCF margin 4.41% 6.47% -220.59% 52.17% 15.01% 10.74% 6.83% 5.64%
FCF Conversion (EBITDA) 41.1% 46.53% - - 129.86% 100.55% 67.81% 56.15%
FCF Conversion (Net income) - 199.83% - - 259.8% 171.31% 120.72% 103.78%
Dividend per Share 2 0.1020 0.0300 - - 0.1100 0.1259 0.1336 0.1436
Announcement Date 19-07-11 20-07-09 21-07-08 22-07-07 23-07-06 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 S1 2023 S1 2024 S1
Net sales 1 429.6 3,568 4,407
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - 450.7 -
Net income - - -
Net margin - - -
EPS - - -
Dividend per Share - - -
Announcement Date 21-11-18 22-11-24 23-11-23
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 291 229 60.7 658 1,250 1,537 2,049 2,437
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 139 232 -872 643 756 677 493 443
ROE (net income / shareholders' equity) - 20.2% -33.9% -33.9% 30.5% 32.6% 25.6% 21.8%
ROA (Net income/ Total Assets) - - - - - 8.3% 7.42% 6.92%
Assets 1 - - - - - 4,757 5,507 6,168
Book Value Per Share 2 - 4.250 5.370 4.180 4.720 6.290 8.030 9.830
Cash Flow per Share 2 2.960 2.970 -4.650 3.500 3.950 4.050 3.550 3.730
Capex 1 302 211 37.4 108 197 412 372 408
Capex / Sales 9.62% 5.89% 9.46% 8.8% 3.91% 6.54% 5.16% 5.2%
Announcement Date 19-07-11 20-07-09 21-07-08 22-07-07 23-07-06 - - -
1GBP in Million2GBP
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
13.28 GBP
Average target price
19.14 GBP
Spread / Average Target
+44.15%
Consensus

Quarterly revenue - Rate of surprise