As the flagship airline in Hong Kong, Cathay Pacific operates an extensive global route network leveraging its dominance in the international aviation hub. The absence of a domestic market means Cathay must rely entirely on international markets. Before the pandemic, the North American market accounted for about 26% of Cathay's passenger capacity, followed by Europe and North Asia (including China), each representing about 20% of capacity.
Cathay’s earnings will surprise positively due to high passenger load factor and yield.
Seat capacity recovery is slower than expected.
|
Metric
|
00293
|
QAN
|
C6L
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.43 | 6.40 | 12.36 |
Price/Book Value | 0.89 | 82.75 | 1.25 |
Price/Sales | 0.65 | 0.50 | 1.05 |
Price/Cash Flow | 3.19 | 2.88 | 3.74 |
|
Metric
|
00293
|
QAN
|
C6L
|
|---|---|---|---|
Quick Ratio | 0.47 | 0.27 | — |
Current Ratio | 0.50 | 0.33 | — |
Interest Coverage | 3.60 | 7.20 | 7.61 |
|
Metric
|
00293
|
QAN
|
C6L
|
|---|---|---|---|
Return on Assets (Normalized) | 3.95% | 8.17% | 5.71% |
Return on Equity (Normalized) | 12.62% | 3,684.51% | 20.30% |
Return on Invested Capital (Normalized) | 7.54% | 27.00% | 7.27% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
DAL
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LUV
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AIRYY
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SINGY
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TKHVY
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AAL
| American Airlines Group Inc | Zcqrlzry | Nqfpr | $9.5 Bil |
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