Saker Aviation Services (SKAS) AI Stock Analysis

• Market Cap: $7.23M
• Dividend Yield: N/A
• Average Volume (3M): 102.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: -55.90%
• EPS Growth: -129.50%
• Country: US
• Employees: 11
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 1.24
• Shares Outstanding: 997,182
• 10 Day Avg. Volume: 155
• 30 Day Avg. Volume: 102
• PEG Ratio: -0.12
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.79
• P/FCF Ratio: -10.79
• Enterprise Value/Market Cap: 0.34
• Enterprise Value/Revenue: 0.62
• Enterprise Value/Gross Profit: 1.28
• Enterprise Value/Ebitda: -7.94
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ―

Saker Aviation Services has a strong financial foundation with good growth prospects, reflected in its valuation. However, current technical indicators point to a bearish trend, and recent financial challenges, including cash flow issues, require attention. The lack of insights from the earnings call further adds uncertainty. Despite these concerns, the company's low valuation presents potential opportunities for investors.

Positive Factors

Balance Sheet Health

A debt-free balance sheet provides financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Revenue Growth

Consistent revenue growth over several years indicates strong market demand and effective business strategies, supporting long-term sustainability.

Leadership Stability

The appointment of an experienced leader with a long history with the company ensures continuity and stability in strategic direction, which is crucial for sustained growth.

Negative Factors

Profitability Decline

A decline in net profit margin indicates cost pressures or inefficiencies, which could affect the company's ability to generate profits and invest in future growth.

Cash Flow Challenges

Reduced free cash flow limits the company's ability to fund operations and growth initiatives, potentially impacting long-term financial health.

Earnings Call Uncertainty

Lack of guidance and insights from earnings calls creates uncertainty about the company's future performance and strategic priorities, which may concern investors.

Saker Aviation Services Business Overview & Revenue Model

Company Description

Saker Aviation Services, Inc., through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a heliport, a fixed base operation (FBO); a provider of aircraft maintenance, repair, and overhaul (MRO) services; and a consultant for a seaplane base. The company also offers ground-based services, such as fueling and aircraft storage for general aviation, commercial, and military aircraft, as well as other miscellaneous services. Its business activities are carried out as the operator of the Downtown Manhattan (New York) Heliport; and as a FBO and MRO at the Garden City (Kansas) Regional Airport. The company was formerly known as FirstFlight, Inc. and changed its name to Saker Aviation Services, Inc. in September 2009. Saker Aviation Services, Inc. was founded in 2003 and is headquartered in New York, New York.

How the Company Makes Money

Saker Aviation Services generates revenue primarily through its fixed-base operations (FBO) and maintenance, repair, and overhaul (MRO) services. The FBO services account for a significant portion of the company's income by providing essential services to private and commercial aircraft, such as fueling, hangaring, and ground handling. These services are critical for aircraft operators who rely on Saker Aviation's facilities and expertise to maintain flight readiness and operational efficiency. Additionally, the company's MRO services contribute to its revenue by offering specialized maintenance and repair solutions that ensure aircraft are safe and compliant with aviation regulations. Revenue is also supported by strategic partnerships and contracts with airlines, aviation operators, and other stakeholders in the aviation sector, which provide a stable and recurring income stream.

Saker Aviation Services Financial Statement Overview

Summary

Saker Aviation Services shows strong revenue growth and a robust balance sheet with zero debt, indicating financial stability. However, recent declines in profitability and cash flow metrics suggest challenges that need addressing. Overall, the financial performance is solid but with areas needing improvement.

Income Statement

The company has shown significant revenue growth from 2020 to 2024, with a positive revenue growth rate of approximately 18.2% over the period. However, the recent TTM period shows a slight decrease in gross profit margin from 71.07% to 57.01%, indicating some cost pressures. Net profit margin declined in the TTM period due to a decrease in net income, but overall profitability remains strong.

Balance Sheet

Saker Aviation Services maintains a robust balance sheet with zero debt, resulting in a strong debt-to-equity ratio. The equity ratio is high, reflecting financial stability and low leverage. The return on equity has been fluctuating but remains solid at 15.54% for the TTM period, indicating effective use of shareholder funds.

Cash Flow

The company experienced a significant decline in free cash flow in the TTM period, largely due to high capital expenditures. Operating cash flow to net income is negative, suggesting temporary cash management challenges. However, historical free cash flow to net income ratios were healthier, indicating potential for recovery.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.96M	9.17M	8.84M	7.60M	5.38M	3.51M
Gross Profit	1.91M	4.68M	6.28M	4.61M	2.55M	980.93K
EBITDA	-307.07K	2.65M	3.74M	832.50K	569.54K	-2.04M
Net Income	-426.91K	1.25M	2.45M	1.25M	726.18K	-1.75M
Balance Sheet
Total Assets	9.09M	10.88M	10.61M	6.91M	5.60M	5.00M
Cash, Cash Equivalents and Short-Term Investments	4.79M	8.85M	9.48M	5.55M	1.22M	1.90M
Total Debt	0.00	0.00	0.00	0.00	440.25K	725.07K
Total Liabilities	274.39K	1.21M	2.29M	1.13M	1.14M	1.09M
Stockholders Equity	8.81M	9.68M	8.32M	5.78M	4.46M	3.91M
Cash Flow
Free Cash Flow	-182.51K	-667.73K	3.32M	1.70M	732.21K	-1.60M
Operating Cash Flow	-110.38K	-599.58K	3.34M	1.71M	813.75K	-1.59M
Investing Cash Flow	-177.27K	-1.03M	-2.39M	1.42M	-81.54K	-4.91K
Financing Cash Flow	0.00	0.00	0.00	393.38K	-184.38K	-103.05K

Saker Aviation Services Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SKAS, the sentiment is Positive. The current price of 7.25 is above the 20-day moving average (MA) of 7.11, above the 50-day MA of 7.00, and below the 200-day MA of 7.38, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 65.91 is Neutral, neither overbought nor oversold. The STOCH value of 56.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SKAS.

Saker Aviation Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKAS	68 Neutral	$7.23M	-16.65	-4.76%	―	-55.90%	-129.50%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SRTA	57 Neutral	$421.47M	-19.54	-10.33%	―	-5.40%	63.20%
FLYX	48 Neutral	$276.38M	-2.67	―	―	―	―
SRFM	46 Neutral	$126.44M	―	―	―	-8.51%	82.15%
SOAR	45 Neutral	$4.79M	0.63	―	―	-63.27%	―