Spirit Airlines, Inc.

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Statistics

gray dotBusiness Model Rating
$39.72Share Price
$2.7 BMarket Cap
11.2%EBIT / EV
7.9%FCF / EV
13.6%ROIC
9.6%Cash ROIC
11.1%3yr Avg Revenue Growth
1.98Current Ratio
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Business Model Diligence

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Statistical Diligence

check mark The EBIT / Enterprise Value of 11.2% ranks as Very High.
check mark The Free Cash Flow / Enterprise Value of 7.9% ranks as Very High.
check mark The Return on Invested Capital Value of 13.6% ranks as Above Average.
check mark The Cash Return on Capital Value of 9.6% ranks as Average.
check mark The 3 Year Average Revenue Growth Value of 11.1% ranks as Above Average.
check mark Near-term Financial Health appears to be Very Good. The Current Ratio is 1.98.

Company Description

Spirit Airlines, Inc. is an ultra low-cost, low-fare airline that offers affordable travel to price-conscious customers. The company's ultra low-cost carrier, business model allows it to compete principally by offering customers its Bare Fares, which are unbundled base fares that remove components traditionally included in the price of an airline ticket. It gives customers Frill Control, which provides customers the freedom to save by paying only for the options they choose such as bags, advance seat assignments and refreshments. The company, with its all-Airbus Fit Fleet, operates more than 420 daily flights to 59 destinations in the United States, Caribbean and Latin America. Spirit Airlines was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.

Calculations

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Tracking Portfolios
blue wand Magic Recipe 33.56%
purple wand Deep Value 26.96%
orange wand Quality Growth 54.79%
green wand Green Team 16.01%
red dot Red Rating 8.00%
yellow dot Yellow Rating 20.92%
green dot Green Rating 28.22%
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