Qantas Competitors

Pink Sheets . USA . 
Stock . Qantas Airways Ltd
QABSY Stock  USD 28.74  0.66  2.24%   
Qantas Airways competes with EasyJet Plc, Norse Atlantic, Air New, Air China, and Air France-KLM; as well as few others. The company classifies itself under Industrials sector and is part of Airlines industry. Analyzing Qantas Airways competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Qantas Airways to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Qantas Airways Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Qantas Airways competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qantas Airways' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
26.9828.7430.50
Details
Intrinsic
Valuation
LowRealHigh
25.8731.8833.64
Details
Naive
Forecast
LowNextHigh
26.4128.1729.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.3127.5029.69
Details

Qantas Airways Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Qantas Airways and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Qantas and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Qantas Airways does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CHKIF
+ 0.66
EJTTF
AFRAF
+ 0.6
EJTTF
AIABF
+ 0.58
EJTTF
AICAF
+ 0.56
EJTTF
CHKIF
+ 0.56
AICAF
AIABF
+ 0.53
AFRAF
  
High negative correlations   
AFRAF
- 0.71
NRSAF
NRSAF
- 0.61
EJTTF
AIABF
- 0.42
NRSAF
ANZFF
- 0.42
EJTTF
AIABF
- 0.32
ANZFF
CHKIF
- 0.25
ANZFF

Risk-Adjusted Indicators

There is a big difference between Qantas Pink Sheet performing well and Qantas Airways Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Qantas Airways' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Qantas Airways Competitive Analysis

The better you understand Qantas Airways competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Qantas Airways' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Qantas Airways' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
QABSY EJTTF NRSAF ANZFF AICAF CEBUF AFRAF AIABF CHKIF
 2.24 
 28.74 
Qantas
 6.92 
 6.19 
EasyJet
 13.33 
 0.34 
Norse
 6.45 
 0.29 
Air
 0.00 
 0.50 
Air
 0.00 
 0.01 
Cebu
 0.38 
 7.97 
Air
 11.11 
 0.20 
AirAsia
 4.35 
 0.44 
China
Market Volatility
(90 Days Market Risk)
Very steady
Slightly risky
Out of control
Out of control
Abnormally volatile
Very steady
Somewhat reliable
Out of control
Out of control
Market Performance
(90 Days Performance)
Solid
Modest
Modest
Very Weak
Weak
Very Weak
Very Weak
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Below Average
Above Average
Below Average
Below Average
Below Average
Below Average
About Average
Below Average
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Hold
Sell
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
0.53
1.22
57.06
0.79
0.37
0.73
0.89
0.19
0.3
Net Asset
19.65 B
10.45 B
N/A
8.35 B
298.42 B
138.25 B
30.68 B
20.03 B
323.21 B
Profit Margin
-0.0944
-0.0293
N/A
-0.22
-0.58
-0.34
0.0043
-0.68
-0.25
EBITDA
928 M
499 M
(8.68 M)
(48 M)
4.6 B
(10.06 B)
(521 M)
(1.08 B)
16.51 B
Operating Margin
-0.16
-0.0016
-16.88
-0.25
-0.53
-0.38
0.047
-0.49
-0.2
Current Valuation
10.14 B
4.38 B
N/A
4.36 B
47.33 B
1.89 B
10.19 B
4.51 B
39.08 B
Price To Book
725.71
1.12
N/A
1.56
2.73
49.81
15.04
2.93
1.47
Retained Earnings
(1.58 B)
1.92 B
N/A
(120 M)
41.76 B
22.55 B
(4.06 B)
4.82 B
20.59 B
Current Asset
4.66 B
1.45 B
N/A
2.34 B
20.75 B
11.23 B
7.56 B
3.64 B
13.9 B
Five Year Return
3.52
3.62
N/A
N/A
1.57
N/A
N/A
N/A
N/A
Beta
1.01
2.47
N/A
1.42
0.94
1.04
1.91
0.86
1.07
Number Of Employees
17 K
14.44 K
62
8.86 K
88.39 K
3.05 K
72.44 K
14.78 K
98.1 K
Shares Outstanding
363.37 M
758 M
206.08 M
3.37 B
4.56 B
617.64 M
2.57 B
4.16 B
4.64 B
Cash Flow From Operations
2.67 B
776 M
(6.78 M)
550 M
12.89 B
(6.26 B)
1.53 B
(677.7 M)
13.37 B
Annual Yield
0.0467
0.0699
N/A
0.24
0.0077
0.0423
N/A
N/A
0.0155
Total Debt
5.29 B
2.76 B
N/A
1.59 B
53.12 B
54.28 B
8.37 B
1.42 B
38.35 B
Return On Equity
-6.8
-0.0653
N/A
-0.43
-0.73
-2.4
N/A
-3.56
-0.31
Z Score
0.6
0.6
N/A
0.6
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.048
-6.0E-4
N/A
-0.0557
-0.0668
-0.0761
0.0216
-0.0823
-0.0366
Book Value Per Share
-0.52
3.35
1.35
0.5
2.42
-1.74
-1.29
-1.7
2.98
Current Liabilities
7.1 B
1.57 B
N/A
2.47 B
66.83 B
27.52 B
11.36 B
4.65 B
62.55 B
Total Asset
19.65 B
10.45 B
N/A
8.35 B
298.42 B
138.25 B
30.68 B
20.03 B
323.21 B
Target Price
29.95
N/A
N/A
N/A
N/A
51.0
N/A
N/A
N/A
Debt To Equity
N/A
1.7
N/A
2.01
4.25
N/A
N/A
N/A
2.88
Shares Owned By Institutions
N/A
36.25
8.15
7.01
13.09
7.92
7.55
4.19
12.41
Market Capitalization
8.24 B
4.43 B
71.31 M
1.76 B
22.44 B
725.62 M
4.37 B
652.83 M
17.33 B
Price To Earning
9.78
12.58
N/A
5.55
13.98
6.6
3.61
4.55
17.6
Price To Earnings To Growth
N/A
N/A
N/A
0.87
4.73
N/A
N/A
N/A
0.69
Price To Sales
0.8
0.63
5.58
0.62
0.36
0.021
0.14
0.11
0.2
Net Income
(860 M)
(169 M)
(7.84 M)
(591 M)
(16.64 B)
(24.9 B)
(3.29 B)
(2.99 B)
(12.1 B)
Earnings Per Share
-2.07
-1.31
-0.12
-0.28
-0.21
-0.79
-4.28
-0.18
-0.11
Shares Owned By Insiders
N/A
16.22
6.39
52.4
62.63
66.45
52.78
50.54
62.86
Revenue
8.7 B
5.77 B
2.97 M
2.73 B
74.53 B
15.74 B
14.3 B
1.84 B
101.64 B
Working Capital
(2.45 B)
(119 M)
N/A
(132 M)
(46.08 B)
(16.29 B)
(3.8 B)
(1.01 B)
(48.65 B)
Cash And Equivalents
3.36 B
3.5 B
N/A
1.79 B
20.56 B
24.24 B
8.17 B
670.9 M
23.29 B
Cash Per Share
8.92
4.65
N/A
0.53
1.41
39.33
3.18
0.16
1.37
Gross Profit
1.91 B
1.36 B
(5.48 M)
410 M
(11.36 B)
(5.68 B)
1.68 B
(515.77 M)
(2.62 B)
Day Typical Price
28.69
6.19
0.34
0.29
0.5
0.012
7.97
0.2
0.44
Accumulation Distribution
0.0052
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
0.15
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
(4.40)
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.0
0.0
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
Period Momentum Indicator
(0.66)
(0.46)
0.04
(0.02)
N/A
N/A
(0.03)
0.02
(0.02)
Rate Of Daily Change
0.98
0.93
1.13
0.94
1.0
1.0
1.0
1.11
0.96
Day Median Price
28.67
6.19
0.34
0.29
0.5
0.012
7.97
0.2
0.44
Price Action Indicator
(0.26)
(0.23)
0.02
(0.01)
N/A
N/A
(0.01)
0.01
(0.01)
Coefficient Of Variation
330.42
1253.52
1453.46
(7,351)
4046.58
N/A
(5,196)
13271.91
984.3
Mean Deviation
1.35
0.6781
3.78
1.68
0.7175
N/A
0.5763
2.02
2.62
Jensen Alpha
0.5427
0.2271
0.4266
(0.18)
0.1225
N/A
(0.06)
0.1277
0.4877
Total Risk Alpha
0.2901
(0.16)
(0.53)
(0.49)
(0.29)
N/A
(0.40)
(0.61)
(0.18)
Sortino Ratio
0.2537
N/A
0.0453
N/A
N/A
N/A
N/A
(0.01)
N/A
Downside Variance
2.71
N/A
108.5
N/A
N/A
N/A
N/A
157.75
N/A
Standard Deviation
1.74
2.92
8.45
3.34
2.63
N/A
2.59
4.87
5.94
Kurtosis
0.245
55.37
18.32
3.07
19.93
N/A
34.55
4.26
8.44
Potential Upside
3.15
N/A
13.33
6.06
N/A
N/A
N/A
10.53
10.0
Treynor Ratio
(2.03)
(5.74)
0.393
(0.04)
(0.08)
N/A
(4.71)
(0.03)
0.5594
Maximum Drawdown
7.86
22.91
31.31
19.05
26.51
N/A
28.47
27.62
42.39
Variance
3.04
8.55
71.34
11.18
6.91
N/A
6.71
23.68
35.25
Market Risk Adjusted Performance
(2.02)
(5.73)
0.403
(0.03)
(0.07)
N/A
(4.70)
(0.02)
0.5694
Risk Adjusted Performance
0.2365
0.0682
0.0616
(0)
0.0259
N/A
(0.01)
0.0142
0.0862
Skewness
0.0375
6.88
3.28
(0.26)
(0.17)
N/A
(3.03)
(0.30)
1.38
Semi Deviation
1.16
N/A
4.03
N/A
N/A
N/A
N/A
3.65
N/A
Information Ratio
0.2398
0.0423
0.0558
(0.05)
(0.02)
N/A
(0.06)
(0.01)
0.0832
Value At Risk
(2.43)
N/A
(10.00)
(8.33)
N/A
N/A
N/A
(9.09)
(7.50)
Expected Short fall
(1.54)
N/A
(18.39)
N/A
N/A
N/A
N/A
(11.12)
N/A
Downside Deviation
1.65
N/A
10.42
N/A
N/A
N/A
N/A
12.56
N/A
Semi Variance
1.35
N/A
16.25
N/A
N/A
N/A
N/A
13.33
N/A

Qantas Airways Competition Performance Charts

Five steps to successful analysis of Qantas Airways Competition

Qantas Airways' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Qantas Airways in relation to its competition. Qantas Airways' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Qantas Airways in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Qantas Airways' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Qantas Airways, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Qantas Airways position

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Additional Tools for Qantas Pink Sheet Analysis

When running Qantas Airways' price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
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