AIRT - Air T Inc Stock Price, Fair Value and News

26.87USD+1.69 (+6.71%)Market Closed

Market Summary

USD26.87+1.69

Market Closed

6.71%

AIRT Stock Price

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AIRT RSI Chart

AIRT Valuation

Market Cap

75.8M

Price/Earnings (Trailing)

-6.97

Price/Sales (Trailing)

0.34

EV/EBITDA

-54.41

Price/Free Cashflow

1.76

AIRT Price/Sales (Trailing)

AIRT Profitability

Operating Margin

99.74%

EBT Margin

-5.30%

Return on Equity

-157.71%

Return on Assets

-6.68%

Free Cashflow Yield

56.75%

AIRT Fundamentals

AIRT Revenue

Revenue (TTM)

220.4M

Rev. Growth (Yr)

3.84%

Rev. Growth (Qtr)

85.53%

AIRT Earnings

Earnings (TTM)

-10.9M

Earnings Growth (Yr)

-404.92%

Earnings Growth (Qtr)

-696.99%

Breaking Down AIRT Revenue

Last 7 days

21.3%

Last 30 days

30.1%

Last 90 days

64.3%

Trailing 12 Months

-2.0%

How does AIRT drawdown profile look like?

AIRT Financial Health

Current Ratio

1.99

Debt/Equity

1.4

Debt/Cashflow

3.38

AIRT Investor Care

Dividend Yield

1.28%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

-5

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	211.7M	221.2M	218.0M	220.4M
2022	177.1M	178.5M	172.8M	188.8M
2021	158.7M	158.7M	166.3M	155.9M
2020	193.1M	182.9M	167.8M	150.3M
2019	178.5M	173.9M	183.7M	201.5M
2018	194.5M	198.6M	190.6M	201.6M
2017	148.5M	165.7M	176.0M	184.7M
2016	148.2M	156.3M	150.2M	139.4M
2015	112.2M	112.8M	122.8M	138.5M
2014	100.8M	101.3M	111.7M	112.8M
2013	103.1M	99.9M	102.9M	106.0M
2012	89.4M	97.3M	93.0M	94.1M
2011	83.4M	84.9M	86.4M	87.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Air T Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 28, 2023	swenson nicholas john	gifted	-	-	-611	ceo
Sep 16, 2022	mcclung peter b.	bought	36,875	14.75	2,500	-
Sep 16, 2022	cabillot raymond e	bought	30,860	15.5	1,991	-
Sep 15, 2022	cabillot raymond e	bought	41,719	15.4118	2,707	-
Sep 14, 2022	cabillot raymond e	bought	4,620	15.3013	302	-
Sep 13, 2022	mcclung peter b.	bought	40,200	16.75	2,400	-
Sep 12, 2022	mcclung peter b.	bought	43,996	17.5984	2,500	-
Sep 12, 2022	cabillot raymond e	bought	87,681	17.5362	5,000	-
Aug 26, 2022	swenson nicholas john	acquired	21,562	5.75	3,750	ceo

Which funds bought or sold AIRT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-289,127	896,362	-%
Feb 14, 2024	Royal Bank of Canada	new	-	-	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-100,913	284,625	0.01%
Feb 14, 2024	COMERICA BANK	new	-	3,380	3,380	-%
Feb 13, 2024	RENAISSANCE TECHNOLOGIES LLC	reduced	-1.09	-673,000	1,994,000	-%
Feb 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	-69,151	195,023	-%
Feb 13, 2024	BlackRock Inc.	reduced	-0.49	-33,822	102,781	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	reduced	-38.44	-7,490	6,523	-%
Feb 13, 2024	DCF Advisers, LLC	sold off	-100	-204,167	-	-%

Are Funds Buying or Selling AIRT?

Are funds buying AIRT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AIRT

No. of Funds

Unveiling Air T Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	renaissance technologies llc	4.36%	124,011	SC 13G/A
Sep 27, 2022	farnam street partners lp /mn	13.75%	394,090	SC 13D/A
Feb 11, 2022	renaissance technologies llc	5.54%	159,711	SC 13G/A
Feb 22, 2021	ao partners i, lp	32.6%	940,750	SC 13D/A
Feb 11, 2021	renaissance technologies llc	6.43%	185,211	SC 13G/A
Jan 12, 2021	ao partners i, lp	32.5%	937,084	SC 13D/A
Jan 08, 2021	farnam street partners lp /mn	13.55%	390,424	SC 13D/A
Apr 01, 2020	swenson nicholas john	30.3%	883,557	SC 13D/A
Mar 31, 2020	farnam street partners lp /mn	12.0%	350,313	SC 13D/A
Feb 13, 2020	renaissance technologies llc	6.99%	211,311	SC 13G/A

Recent SEC filings of Air T Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	8-K	Current Report
Apr 04, 2024	8-K	Current Report
Apr 04, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 29, 2024	424B3	Prospectus Filed
Mar 27, 2024	8-K	Current Report
Mar 27, 2024	EFFECT	EFFECT
Mar 25, 2024	CORRESP	CORRESP
Mar 22, 2024	UPLOAD	UPLOAD
Mar 12, 2024	S-3	S-3

Peers (Alternatives to Air T Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	65.5B	87.5B	-5.82%	18.03%	14.9	0.75	-5.51%	46.89%
GWW	47.1B	16.5B	-4.91%	42.64%	25.49	2.86	8.21%	18.11%
FAST	38.8B	7.4B	-12.04%	27.43%	33.5	5.25	3.46%	4.06%
JBHT	17.0B	12.8B	-14.26%	-4.59%	23.35	1.33	-13.39%	-24.87%
EXPD	16.2B	9.3B	-5.97%	2.94%	21.58	1.75	-45.52%	-44.53%
MID-CAP
CHRW	8.3B	17.6B	-5.19%	-26.00%	25.5	0.47	-28.75%	-65.43%
KNX	7.8B	7.1B	-6.93%	-11.82%	36.08	1.1	-3.86%	-71.85%
AIT	7.2B	4.5B	-4.62%	37.49%	19.22	1.61	7.15%	22.87%
BECN	6.2B	9.1B	2.27%	66.06%	14.18	0.68	8.19%	-5.10%
ARCB	3.2B	4.4B	0.85%	45.16%	16.49	0.73	-11.96%	-34.46%
SMALL-CAP
BXC	970.6M	3.1B	-12.83%	61.41%	20	0.31	-29.52%	-83.61%
CYRX	794.9M	233.3M	-6.83%	-21.37%	-7.98	3.41	-1.70%	-153.19%
CVLG	576.2M	1.1B	-3.42%	23.34%	10.43	0.52	-9.31%	-49.18%
DSKE	391.3M	1.6B	0.24%	4.02%	-22.11	0.25	-11.50%	-135.26%
AIRT	75.8M	220.4M	30.11%	-2.03%	-6.97	0.34	16.77%	-270.60%

Air T Inc News

Latest updates

Air T Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	85.5%	63,756	34,365	47,905	74,377	61,396	37,532	38,388	51,438	45,433	43,238	36,968	30,273	55,819	35,604	36,970	21,936	73,300	50,693	47,188	30,337	55,486
Operating Expenses	-16.4%	65,364	78,205	70,773	-171,373	61,261	60,509	50,028	43,407	45,408	42,534	36,972	53,021	54,751	39,288	37,236	63,498	69,580	50,227	46,190	57,108	53,621
S&GA Expenses	1.4%	13,554	13,362	12,754	11,463	11,503	10,663	11,779	4,015	8,995	8,615	8,219	9,324	8,303	9,088	7,550	11,131	9,550	9,409	9,671	8,579	9,048
EBITDA Margin	-177.6%	-0.01*	0.01*	0.01*	0.00*	0.07*	0.06*	0.12*	0.11*	0.04*	0.06*	-0.02*	-0.03*	-	-	-	-	-	-	-	-	-
Interest Expenses	-17.5%	1,528	1,853	1,808	1,914	2,204	1,996	1,822	1,607	1,236	1,167	939	1,211	1,172	1,081	1,161	394	1,227	2,047	1,024	819	1,186
Income Taxes	-60.0%	200	500	200	986	-200	-572	200	1,427	-300	38.00	-5.00	-1,231	-300	-1,547	-300	-489	616	-296	-377	1,593	174
Earnings Before Taxes	-74.5%	-1,956	-1,121	184	-8,787	-48.00	-1,908	-610	6,504	-1,471	8,041	322	-7,066	1,445	-4,904	-1,256	227	1,197	-2,418	3,618	5,077	-1,743
EBT Margin	-18.2%	-0.05*	-0.04*	-0.04*	-0.05*	0.02*	0.01*	0.07*	0.08*	0.00*	0.02*	-0.06*	-0.07*	-	-	-	-	-	-	-	-	-
Net Income	-697.0%	-2,979	499	646	-9,040	-590	2,183	435	4,346	-1,262	7,555	289	-2,145	-335	-433	-115	-2,286	789	287	2,373	-322	398
Net Income Margin	-26.8%	-0.05*	-0.04*	-0.04*	-0.04*	0.01*	0.01*	0.06*	0.06*	0.03*	0.03*	-0.02*	-0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	-41.9%	7,127	12,260	3,080	20,554	9,886	-11,827	-2,882	-13,719	2,700	-14,638	-8,957	4,354	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.2%	163	172	187	190	212	226	213	208	164	156	145	141	185	148	153	151	158	143	134	115	117
Current Assets	-9.1%	89.00	98.00	113	117	131	147	137	128	107	119	109	106	148	105	104	98.00	117	99.00	89.00	71.00	72.00
Cash Equivalents	-10.4%	4.00	5.00	6.00	6.00	7.00	9.00	10.00	8.00	6.00	6.00	11.00	16.00	49.00	13.00	17.00	16.00	12.00	27.00	16.00	12.00	3.00
Inventory	-1.0%	54.00	54.00	64.00	71.00	86.00	88.00	86.00	75.00	76.00	83.00	76.00	72.00	68.00	71.00	64.00	61.00	68.00	40.00	37.00	27.00	40.00
Net PPE	-1.3%	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	9.00	8.00	9.00	8.00	6.00	5.00	5.00	4.00	4.00	5.00	4.00	5.00
Goodwill	1.2%	11.00	11.00	11.00	11.00	10.00	10.00	10.00	10.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	-4.6%	142	149	162	164	178	192	178	171	135	125	123	119	158	123	123	120	127	109	106	86.00	92.00
Current Liabilities	-11.7%	45.00	51.00	50.00	64.00	68.00	73.00	29.00	31.00	21.00	22.00	30.00	28.00	64.00	69.00	60.00	68.00	76.00	56.00	60.00	53.00	57.00
Shareholder's Equity	-37.1%	7.00	11.00	12.00	12.00	22.00	24.00	25.00	26.00	21.00	23.00	15.00	15.00	22.00	21.00	25.00	25.00	23.00	27.00	21.00	23.00	22.00
Retained Earnings	-25.5%	9.00	12.00	13.00	14.00	23.00	25.00	26.00	27.00	22.00	24.00	16.00	16.00	22.00	20.00	23.00	24.00	23.00	24.00	18.00	21.00	19.00
Additional Paid-In Capital	8.7%	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	-	-	1.00	2.00	3.00	3.00	1.00	2.00	2.00	3.00	4.00
Accumulated Depreciation	5.2%	8.00	7.00	7.00	7.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	4.00	6.00	3.00	5.00
Shares Outstanding	0%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	-	-	-	-	-	-	-	-	-
Minority Interest	0.9%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-1.00	-0.96
Float	-	-	-	-	-	-	17.00	-	-	-	30.00	-	-	-	12.00	-	-	-	21.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-41.6%	7,248	12,413	3,484	20,724	10,131	-11,415	-2,531	-13,394	3,063	-13,932	-8,821	4,838	-1,035	-2,287	-3,335	-15,383	-10,294	-4,785	5,388	19,734	-13,669
Cashflow From Investing	-64.4%	63.00	177	-21.00	-3,078	-1,314	-716	-1,060	-13,842	-17,170	-927	-1,449	2,824	307	-67.00	-548	16,003	-9,331	5,713	-3,780	-258	4,830
Cashflow From Financing	39.8%	-7,922	-13,153	-4,076	-17,246	-11,891	12,184	4,573	30,175	13,654	9,606	5,819	-40,312	36,721	-1,378	5,040	-6,924	13,837	10,319	2,008	-10,376	6,664
Buy Backs	-	-	-	15.00	-	642	351	-	-	-	-	-	-	-	-	-	461	2,157	73.00	126	51.00	671

AIRT Income Statement

2023-12-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Operating Revenues:
Total revenue	$ 63,756	$ 61,396	$ 214,154	$ 172,946
Operating Expenses:
General and administrative	13,554	11,503	39,672	33,898
Depreciation and amortization	699	1,097	2,088	2,984
Inventory write-down	321	638	326	1,658
Asset impairment	0	0	0	516
Operating expenses	65,364	61,261	214,343	171,799
Operating (Loss) Income	(1,608)	135	(189)	1,147
Non-operating (Expense) Income:
Interest expense	(1,528)	(2,204)	(5,189)	(6,021)
Income from equity method investments	1,038	2,118	2,477	2,917
Other	142	(97)	8	(608)
Nonoperating income (expense)	(348)	(183)	(2,704)	(3,712)
Loss before income taxes	(1,956)	(48)	(2,893)	(2,565)
Income Taxes Expense (Benefit)	153	(156)	851	(536)
Net (Loss) Income	(2,109)	108	(3,744)	(2,029)
Net Income Attributable to Non-controlling Interests	(870)	(698)	(1,375)	(1,226)
Net Loss Attributable to Air T, Inc. Stockholders	$ (2,979)	$ (590)	$ (5,119)	$ (3,255)
Loss per share (Note 6)
Basic (in dollars per share)	$ (1.06)	$ (0.21)	$ (1.82)	$ (1.14)
Diluted (in dollars per share)	$ (1.06)	$ (0.21)	$ (1.82)	$ (1.14)
Weighted Average Shares Outstanding:
Basic (in shares)	2,822	2,836	2,820	2,855
Diluted (in shares)	2,822	2,836	2,820	2,855
Overnight air cargo
Operating Revenues:
Total revenue	$ 29,018	$ 21,831	$ 84,944	$ 64,464
Operating Expenses:
Cost of revenue	24,504	19,174	71,841	56,696
Depreciation and amortization	95	22	269	64
Operating (Loss) Income	1,594	1,009	5,568	2,931
Ground equipment sales
Operating Revenues:
Total revenue	8,441	16,147	32,474	39,981
Operating Expenses:
Cost of revenue	6,964	13,492	27,854	32,362
Depreciation and amortization	37	35	107	130
Operating (Loss) Income	(522)	1,093	(619)	3,122
Commercial jet engines and parts
Operating Revenues:
Total revenue	24,139	21,736	90,463	63,577
Operating Expenses:
Cost of revenue	19,322	15,357	72,562	43,685
Depreciation and amortization	185	721	565	1,717
Operating (Loss) Income	(627)	733	2,002	3,603
Corporate and other
Operating Revenues:
Total revenue	2,158	1,682	6,273	4,924
Operating Expenses:
Depreciation and amortization	382	319	1,147	1,073
Operating (Loss) Income	$ (2,053)	$ (2,700)	$ (7,140)	$ (8,509)

AIRT Balance Sheet

2023-12-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Current Assets:
Cash and cash equivalents	$ 4,480	$ 5,806
Marketable securities	326	0
Restricted cash	707	1,284
Restricted investments	1,463	2,161
Accounts receivable, net of allowance for doubtful accounts of $1,371 and $1,160	18,141	27,218
Income tax receivable	354	536
Inventories, net	53,887	71,125
Employee retention credit receivable	0	940
Other current assets	9,971	7,487
Total Current Assets	89,329	116,557
Property and equipment, net of accumulated depreciation of $7,520 and $6,624	20,883	21,439
Intangible assets, net of accumulated amortization of $5,141 and $4,191	11,459	12,103
Right-of-use ("ROU") assets	11,893	11,666
Equity method investments	15,038	13,230
Goodwill	10,624	10,563
Other assets	3,556	4,004
Total Assets	162,782	189,562
Current Liabilities:
Accounts payable	13,537	10,449
Income tax payable	36	304
Accrued expenses and other (Note 4)	12,029	13,133
Current portion of long-term debt	17,367	38,736
Short-term lease liability	1,832	1,664
Total Current Liabilities	44,801	64,286
Long-term debt	83,419	86,349
Deferred income tax liabilities, net	2,581	2,417
Long-term lease liability	10,941	10,771
Other non-current liabilities	0	47
Total Liabilities	141,742	163,870
Redeemable non-controlling interests	13,086	12,710
Commitments and contingencies (Note 15)
Equity:
Preferred stock, $1.00 par value, 2,000,000 shares authorized	0	0
Common stock, $0.25 par value; 4,000,000 shares authorized, 3,030,245 and 3,026,495 shares issued, 2,821,504 and 2,818,374 shares outstanding	758	757
Treasury stock, 208,741 shares at $19.63 and 208,121 shares at $19.62	(4,098)	(4,083)
Additional paid-in capital	990	728
Retained earnings	9,014	13,686
Accumulated other comprehensive income	231	816
Total Air T, Inc. Stockholders' Equity	6,895	11,904
Non-controlling Interests	1,059	1,078
Total Equity	7,954	12,982
Total Liabilities and Equity	$ 162,782	$ 189,562

About Air T Inc

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

CEO	Mr. Nicholas John Swenson
WEBSITE	airt.net
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	584

Air T Inc Frequently Asked Questions

What is the ticker symbol for Air T Inc? What does AIRT stand for in stocks?

AIRT is the stock ticker symbol of Air T Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Air T Inc (AIRT)?

As of Wed Apr 24 2024, market cap of Air T Inc is 76.58 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIRT stock?

You can check AIRT's fair value in chart for subscribers.

What is the fair value of AIRT stock?

You can check AIRT's fair value in chart for subscribers. The fair value of Air T Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Air T Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AIRT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Air T Inc a good stock to buy?

The fair value guage provides a quick view whether AIRT is over valued or under valued. Whether Air T Inc is cheap or expensive depends on the assumptions which impact Air T Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AIRT.

What is Air T Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, AIRT's PE ratio (Price to Earnings) is -7.04 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AIRT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Air T Inc's stock?

In the past 10 years, Air T Inc has provided 0.176 (multiply by 100 for percentage) rate of return.