Skywest Stock Current Valuation

SKYW Stock  USD 69.08  0.40  0.58%   
Valuation analysis of SkyWest helps investors to measure SkyWest's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Multiple is likely to drop to 8.42 in 2024. Fundamental drivers impacting SkyWest's valuation include:
Price Book
1.3225
Enterprise Value
5.1 B
Enterprise Value Ebitda
9.1146
Price Sales
0.9554
Trailing PE
90.2338
Undervalued
Today
69.08
Please note that SkyWest's price fluctuation is very steady at this time. Calculation of the real value of SkyWest is based on 3 months time horizon. Increasing SkyWest's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for SkyWest is useful when determining the fair value of the SkyWest stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of SkyWest. Since SkyWest is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SkyWest Stock. However, SkyWest's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  69.08 Real  75.66 Target  43.4 Hype  69.08 Naive  68.32
The real value of SkyWest Stock, also known as its intrinsic value, is the underlying worth of SkyWest Company, which is reflected in its stock price. It is based on SkyWest's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of SkyWest's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SkyWest's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
75.66
Real Value
77.46
Upside
Estimating the potential upside or downside of SkyWest helps investors to forecast how SkyWest stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SkyWest more accurately as focusing exclusively on SkyWest's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.901.141.42
Details
Hype
Prediction
LowEstimatedHigh
67.2869.0870.88
Details
Naive
Forecast
LowNext ValueHigh
66.5268.3270.12
Details
5 Analysts
Consensus
LowTarget PriceHigh
39.4943.4048.17
Details

SkyWest Current Valuation Analysis

SkyWest's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.1B3.4B3.1B3.2B
Total Assets7.1B7.4B7.5B7.8B

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current SkyWest Current Valuation

    
  5.05 B  
Most of SkyWest's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SkyWest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SkyWest Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for SkyWest is extremely important. It helps to project a fair market value of SkyWest Stock properly, considering its historical fundamentals such as Current Valuation. Since SkyWest's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SkyWest's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SkyWest's interrelated accounts and indicators.
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Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, SkyWest has a Current Valuation of 5.05 B. This is 30.62% lower than that of the Passenger Airlines sector and 68.43% lower than that of the Industrials industry. The current valuation for all United States stocks is 69.61% higher than that of the company.

SkyWest Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyWest's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SkyWest could also be used in its relative valuation, which is a method of valuing SkyWest by comparing valuation metrics of similar companies.
SkyWest is currently under evaluation in current valuation category among related companies.

SkyWest Fundamentals

About SkyWest Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SkyWest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyWest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyWest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. Skywest operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 15205 people.

SkyWest Investors Sentiment

The influence of SkyWest's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SkyWest. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SkyWest's public news can be used to forecast risks associated with an investment in SkyWest. The trend in average sentiment can be used to explain how an investor holding SkyWest can time the market purely based on public headlines and social activities around SkyWest. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SkyWest's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SkyWest's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SkyWest's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SkyWest.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SkyWest in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SkyWest's short interest history, or implied volatility extrapolated from SkyWest options trading.

Currently Active Assets on Macroaxis

When determining whether SkyWest is a strong investment it is important to analyze SkyWest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SkyWest's future performance. For an informed investment choice regarding SkyWest Stock, refer to the following important reports:
Check out SkyWest Piotroski F Score and SkyWest Altman Z Score analysis.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is SkyWest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SkyWest. If investors know SkyWest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SkyWest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
0.77
Revenue Per Share
66.805
Quarterly Revenue Growth
0.104
Return On Assets
0.0092
The market value of SkyWest is measured differently than its book value, which is the value of SkyWest that is recorded on the company's balance sheet. Investors also form their own opinion of SkyWest's value that differs from its market value or its book value, called intrinsic value, which is SkyWest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SkyWest's market value can be influenced by many factors that don't directly affect SkyWest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SkyWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if SkyWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SkyWest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.