Cathay Pacific Airways Ltd (293:HK)

Price Target: HK$14.00 Rating: Buy

Quick Scorecard

  • Earnings Outlook

    0%
  • DIGITALIZATION PROGRESS

    0%
  • PRICING POWER

    0%
  • BALANCE SHEET STRENGTH

    0%
  • Defensiveness against Competitors

    0%
  • Defensiveness against Higher Fuel Prices

    0%
  • Defensiveness against Forex Risks

    0%
  • Management Quality

    0%
  • Information Disclosure

    0%
  • Stock Trading Liquidity

    0%

Cathay Pacific Financial Summary & Valuations

Year to December 2019 (Forecast)*2018 (Forecast)*201720162015
Net profit (HK$ millions)2534202-1259-5756000
Net profit margin2.2%0.2%-1.3%-0.6%5.9%
EPS (HK$)0.640.05-0.32-0.151.53
EPS growth/decline1154%Turns profitable119%Turns loss-making90%
DPS (HK$)0.300.200.050.050.53
Dividend yield1.9%1.7%0.4%0.4%3.1%
ROE3.8%0.3%-2.2%-1.1%12.0%
P/E (x)18.4230.8-36.6-80.811.1
Price/Book (x)0.690.710.760.841.39
*Forecast by Crucial Perspective

Cathay Pacific Operating Metrics (Jan-Jun 2018)

  • Hub Base: Hong Kong
  • Alliance: Oneworld
  • Group Aircraft Fleet Size: 208 [End Dec 2017]
  • Passenger Traffic Growth (Decline): 2.5%
  • Cargo Traffic Growth (Decline): 7.3%%
  • Passenger Load Factor: 84.2%
  • Passenger Load Factor Change: -0.5ppt
  • Cargo Load Factor: 68.3%
  • Cargo Load Factor Change: 2.1ppt

Latest Analysis (Cathay Pacific Airways)