Financials Air Astana

Equities

AIRA

KZ1C00004050

Air Freight & Logistics

End-of-day quote Kazakhstan S.E. 03:30:00 23/05/2024 am IST 5-day change 1st Jan Change
928 KZT +0.28% Intraday chart for Air Astana -2.32% 0.00%

Valuation

Fiscal Period: December 2024 2025 2026
Capitalization 1 747 - -
Enterprise Value (EV) 1 1,090 1,415 1,295
P/E ratio 7.17 x 5.73 x 4.77 x
Yield 1.34% 3.38% 5.22%
Capitalization / Revenue 0.55 x 0.47 x 0.42 x
EV / Revenue 0.8 x 0.9 x 0.73 x
EV / EBITDA 3.12 x 3.42 x 2.91 x
EV / FCF 14 x 14.4 x 11.4 x
FCF Yield 7.15% 6.96% 8.8%
Price to Book - - -
Nbr of stocks (in thousands) 3,56,198 - -
Reference price 2 2.097 2.097 2.097
Announcement Date - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025 2026
Net sales 1 - 1,366 1,574 1,771
EBITDA 1 - 349.6 413.4 445.1
EBIT 1 - 161.2 190.2 215.8
Operating Margin - 11.8% 12.08% 12.18%
Earnings before Tax (EBT) 1 - 110.5 141.2 168.1
Net income 1 68.7 87.47 111.5 133
Net margin - 6.41% 7.09% 7.51%
EPS 2 0.2250 0.2925 0.3663 0.4395
Free Cash Flow 1 - 77.99 98.4 113.9
FCF margin - 5.71% 6.25% 6.43%
FCF Conversion (EBITDA) - 22.31% 23.81% 25.59%
FCF Conversion (Net income) - 89.16% 88.22% 85.64%
Dividend per Share 2 - 0.0281 0.0710 0.1094
Announcement Date 15/03/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025 2026
Net Debt 1 - 343 668 548
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) - 0.9811 x 1.615 x 1.231 x
Free Cash Flow 1 - 78 98.4 114
ROE (net income / shareholders' equity) - 24.8% 22.2% 24.5%
ROA (Net income/ Total Assets) - 7.5% 4.9% -
Assets 1 - 1,166 2,276 -
Book Value Per Share - - - -
Cash Flow per Share - - - -
Capex 1 - 65.2 74.4 83.1
Capex / Sales - 4.77% 4.73% 4.69%
Announcement Date 15/03/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
2.097 USD
Average target price
2.708 USD
Spread / Average Target
+29.11%
Consensus

Annual profits - Rate of surprise