Qantas Airways Financials
| QABSY Stock | USD 28.74 0.11 0.38% |
Qantas |
Please note, the imprecision that can be found in Qantas Airways' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Qantas Airways Ltd. Check Qantas Airways' Beneish M Score to see the likelihood of Qantas Airways' management manipulating its earnings.
Qantas Airways Stock Summary
Qantas Airways competes with Finnair Oyj, EasyJet Plc, Norse Atlantic, Cathay Pacific, and Singapore Airlines. Qantas Airways Limited provides air transportation services in Australia and internationally. Qantas Airways Limited was founded in 1920 and is based in Mascot, Australia. Qantas Airways operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 17000 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US74726M5058 |
| Business Address | 10 Bourke Road, |
| Sector | Industrials |
| Industry | Airlines |
| Benchmark | Dow Jones Industrial |
| Website | www.qantas.com |
| Phone | 61 2 9691 3636 |
| Currency | USD - US Dollar |
Qantas Airways Key Financial Ratios
Qantas Airways' financial ratios allow both analysts and investors to convert raw data from Qantas Airways' financial statements into concise, actionable information that can be used to evaluate the performance of Qantas Airways over time and compare it to other companies across industries.| Return On Equity | -6.8 | |||
| Return On Asset | -0.048 | |||
| Target Price | 29.95 | |||
| Beta | 1.01 | |||
| Z Score | 0.6 |
Qantas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Qantas Airways's current stock value. Our valuation model uses many indicators to compare Qantas Airways value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Qantas Airways competition to find correlations between indicators driving Qantas Airways's intrinsic value. More Info.Qantas Airways Ltd is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Qantas Airways by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qantas Airways' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Qantas Airways Systematic Risk
Qantas Airways' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Qantas Airways volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Qantas Airways correlated with the market. If Beta is less than 0 Qantas Airways generally moves in the opposite direction as compared to the market. If Qantas Airways Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Qantas Airways is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Qantas Airways is generally in the same direction as the market. If Beta > 1 Qantas Airways moves generally in the same direction as, but more than the movement of the benchmark.
Qantas Airways December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Qantas Airways help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Qantas Airways Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Qantas Airways Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Qantas Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Qantas Airways's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.1868 | |||
| Maximum Drawdown | 7.86 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.15 |
Additional Tools for Qantas Pink Sheet Analysis
When running Qantas Airways' price analysis, check to measure Qantas Airways' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.