Air New Zealand Limited (Ns)(AIR)

Sector:

Tourism and Leisure

Index:

NZ 50

Market Cap

NZ$909.21m

Closing Price Change

Price Down-NZ$0.04

Share Price

NZ$0.86

AIR Overview

Air New Zealand Limited is an international and domestic airline company. The company is engaged in providing air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South West Pacific, North America, Asia, and the United Kingdom. Air New Zealand Limited encompasses business units providing engineering and ground handling services. Its subsidiaries extend to travel wholesaling, booking systems, and retailing services.

3 Month Chart (13-Oct-2008)

3 Month Chart

1 Year Chart

1 Year Chart

Income & Efficiency

Latest F'cast
Div Yield 9.9% 3.6%
Div Cover 1.6 1.0
Op Mrgn 7.7% 0.9%
ROCE 10.6%  

Valuation

Latest F'cast
P/E 6.2 27.1
PEG n/a n/a
Pr/Revenue 0.2 0.2
Pr/Book 0.6  

Growth

Latest F'cast
Revenue 9.1% 2.2%
PBT 13.0% -85.2%
EPS -34.4% -77.2%
DPS 6.2% -61.8%

AIR Fundamentals

Year Ending Revenue (NZ$m) Pre-tax (NZ$m) EPS P/E PEG EPS Grth. Div Yield
30-Jun-04 3,498.00 240.00 4.88  39.9 n/a -4% n/a 0.0%
30-Jun-05 3,616.00 232.00 21.40  6.8 0.0 +338% 5.00 3.4%
30-Jun-06 3,805.00 106.00 14.00  8.4 n/a -35% 5.00 4.2%
30-Jun-07 4,279.00 269.00 21.20  12.5 0.2 +51% 8.00 3.0%
30-Jun-08 4,667.00 304.00 13.90  7.8 n/a -34% 8.50 7.8%

AIR Forecasts

Year Ending Revenue (NZ$m) Pre-tax (NZ$m) EPS P/E PEG EPS Grth. Div Yield
30-Jun-09 4,768.35 45.13 0.03NZ$ 27.1 n/a -77% 0.03NZ$ 3.6%

Covering analysts: ABN AMRO, Credit Suisse, Deutsche Bank Research, DJ Carmichael & Co, Macquarie Research Equities

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

Note 2: Forecast figures based on normalised accounts.

 

AIR Market Data

Currency New Zealand Dollars
52 Week High NZ$2.30
52 Week Low NZ$0.86
Shares Issued 1,057.22m
Market Cap NZ$909.21m

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AIR Dividends

No dividends found

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