AIR NEW ZEALAND LIMITED (AIZ)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

AIZ - AIR NEW ZEALAND LIMITED

FNArena Sector : Transportation & Logistics
Year End: June
GICS Industry Group : Transportation
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.55

24 Sep
2021

0.010

OPEN

$1.54

0.65%

HIGH

$1.55

805,973

LOW

$1.53

OTHER COMPANIES IN THE SAME SECTOR
AQZ . AZJ . BXB . a2b . KSC . MCS . QAN . QUB . VAH . NTD . LAU . WTC . ERD . SST . CLX . SLH .
FNARENA'S MARKET CONSENSUS FORECASTS
AIZ: 1
Title FY22
Forecast
FY23
Forecast
EPS (cps) - 58.6 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

N/A

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 12/03 - 12.94c (0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx-24.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx2,032.6 M
Book Value Per Share xxxxxxxxxxxxxxx91.6
Net Operating Cash Flow xxxxxxxxxxxxxxx336.0 M
Net Profit Margin xxxxxxxxxxxxxxx-13.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Assets xxxxxxxxxxxxxxx-4.05 %
Return on Equity xxxxxxxxxxxxxxx-23.79 %
Return on Total Capital xxxxxxxxxxxxxxx-16.84 %
Capex xxxxxxxxxxxxxxx215.0 M
Capex % of Sales xxxxxxxxxxxxxxx10.58 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx121.0 M

Return on Assets

Return on Equity

Return on Total Capital

Capex

Capex % of Sales

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

5

xxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

27/08/2021

5

Underperform

-

-

While Air New Zealand's FY21 result was in line with guidance, FY22 guidance is now suspended. Macquarie notes losses and cash burn are set to accelerate in FY22 given reduced subsidies, repayments of tax deferrals and higher capital expenditure. 

The company reported a profit before tax loss of -$440m for FY21, and had previously guided to losses not exceeding -$530m for FY22, and the broker expects things to get worse before a recovery. 

Air New Zealand has also announced its intention to use the 787 order to replace the 777-3000 fleet, which will result in a -30% long haul capacity reduction. Macquarie expects a new-look network as travel resumes, with an increased focus on domestic, Australia and Pacific, and on premium customers. 

Macquarie updates earnings per share forecasts by -49% and -34% for FY22 and FY23 respectively. The Underperform rating is retained and the target price increases to NZ$1.20 from NZ$1.10.

FORECAST
Macquarie forecasts a full year FY22 dividend of 0.00 cents and EPS of minus -30.08 cents.
Macquarie forecasts a full year FY23 dividend of 5.62 cents and EPS of 12.46 cents.

AIZ STOCK CHART