Spirit Airlines (Germany) Performance
| S64 Stock | EUR 0.95 0.00 0.00% |
The entity has a beta of 2.27, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spirit Airlines will likely underperform. At this point, Spirit Airlines has a negative expected return of -0.17%. Please make sure to validate Spirit Airlines' information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and value at risk , to decide if Spirit Airlines performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Spirit Airlines has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 1.4 B | |
| Free Cash Flow | -353.3 M |
Spirit |
Spirit Airlines Relative Risk vs. Return Landscape
If you would invest 223.00 in Spirit Airlines on September 12, 2024 and sell it today you would lose (128.00) from holding Spirit Airlines or give up 57.4% of portfolio value over 90 days. Spirit Airlines is currently producing negative expected returns and takes up 14.567% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Spirit, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spirit Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spirit Airlines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spirit Airlines, and traders can use it to determine the average amount a Spirit Airlines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0113
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| Negative Returns | S64 |
Estimated Market Risk
| 14.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spirit Airlines is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spirit Airlines by adding Spirit Airlines to a well-diversified portfolio.
Spirit Airlines Fundamentals Growth
Spirit Stock prices reflect investors' perceptions of the future prospects and financial health of Spirit Airlines, and Spirit Airlines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spirit Stock performance.
| Return On Equity | -0.3 | |||
| Return On Asset | -0.0093 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 6.11 B | |||
| Shares Outstanding | 109.12 M | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 0.44 X | |||
| Revenue | 5.07 B | |||
| EBITDA | (286.86 M) | |||
| Cash And Equivalents | 1.06 B | |||
| Cash Per Share | 9.73 X | |||
| Total Debt | 3.2 B | |||
| Debt To Equity | 2.88 % | |||
| Book Value Per Share | 14.43 X | |||
| Cash Flow From Operations | (89.02 M) | |||
| Earnings Per Share | (4.67) X | |||
| Total Asset | 9.18 B | |||
About Spirit Airlines Performance
By analyzing Spirit Airlines' fundamental ratios, stakeholders can gain valuable insights into Spirit Airlines' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Spirit Airlines has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Spirit Airlines has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. SPIRIT AIRLINES operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9823 people.Things to note about Spirit Airlines performance evaluation
Checking the ongoing alerts about Spirit Airlines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spirit Airlines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spirit Airlines generated a negative expected return over the last 90 days | |
| Spirit Airlines has high historical volatility and very poor performance | |
| Spirit Airlines has some characteristics of a very speculative penny stock | |
| Spirit Airlines has high likelihood to experience some financial distress in the next 2 years | |
| Spirit Airlines has accumulated 3.2 B in total debt with debt to equity ratio (D/E) of 2.88, implying the company greatly relies on financing operations through barrowing. Spirit Airlines has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spirit Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, Spirit Airlines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spirit Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spirit to invest in growth at high rates of return. When we think about Spirit Airlines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.07 B. Net Loss for the year was (554.15 M) with profit before overhead, payroll, taxes, and interest of 973.03 M. | |
| Spirit Airlines has accumulated about 1.06 B in cash with (89.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 67.0% of Spirit Airlines shares are owned by institutional investors |
- Analyzing Spirit Airlines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spirit Airlines' stock is overvalued or undervalued compared to its peers.
- Examining Spirit Airlines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spirit Airlines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spirit Airlines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spirit Airlines' stock. These opinions can provide insight into Spirit Airlines' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Spirit Stock analysis
When running Spirit Airlines' price analysis, check to measure Spirit Airlines' 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 Spirit Airlines is operating at the current time. Most of Spirit Airlines' value examination focuses on studying past and present price action to predict the probability of Spirit Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Airlines' price. Additionally, you may evaluate how the addition of Spirit Airlines to your portfolios can decrease your overall portfolio volatility.
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