Air New Zealand is an airlines business based in Australia. Air New Zealand shares (AIZ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Air New Zealand has a trailing 12-month revenue of around $6.3 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.595 - $0.715 |
|---|---|
| 50-day moving average | $0.6387 |
| 200-day moving average | $0.6982 |
| Target price | $1.17 |
| PE ratio | 5.35 |
| Dividend yield | $0 (7.71%) |
| Earnings per share (TTM) | $0.11 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.595
| 1 week (2023-11-20) | -1.65% |
|---|---|
| 1 month (2023-10-27) | -1.65% |
| 3 months (2023-08-28) | -18.49% |
| 6 months (2023-05-26) | -16.78% |
| 1 year (2022-11-28) | -17.36% |
|---|---|
| 2 years (2021-11-26) | -59.93% |
| 3 years (2020-11-27) | -66.38% |
| 5 years (2018-11-28) | -79.62% |
Valuing Air New Zealand stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Air New Zealand's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Air New Zealand's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Air New Zealand shares trade at around 5x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Air New Zealand's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.868. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Air New Zealand's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Air New Zealand's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $935 million (£0.0 million).
The EBITDA is a measure of a Air New Zealand's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $6.3 billion |
|---|---|
| Operating margin TTM | 8.98% |
| Gross profit TTM | $2 billion |
| Return on assets TTM | 4.18% |
| Return on equity TTM | 21.94% |
| Profit margin | 6.51% |
| Book value | 0.617 |
| Market capitalisation | $2 billion |
TTM: trailing 12 months
We're not expecting Air New Zealand to pay a dividend over the next 12 months.
Air New Zealand's shares were split on a 1:5 basis on 17 August 2004. So if you had owned 5 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Air New Zealand shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Air New Zealand shares which in turn could have impacted Air New Zealand's share price.
Over the last 12 months, Air New Zealand's shares have ranged in value from as little as $0.595 up to $0.715. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Air New Zealand's is 1.425. This would suggest that Air New Zealand's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services. As of June 30, 2023, it operated a fleet of 7 Boeing 777-300ER, 14 Boeing 787-9 Dreamliner, 6 Airbus A320neo, 10 Airbus A321neo, 17 Airbus A320CEO, 29 ATR 72-600, and 23 Bombardier Q300 aircrafts. The company was formerly known as Tasman Empire Airways Limited and changed its name to Air New Zealand Limited in April 1965. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand.
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