Azul S.A. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 131.55
Dividend & YieldN/A$ (N/A)
Beta 1.34
Market capitalization 487.7M
Operating cash flow 1.26B
ESG Scores unknown

Company description

Azul S.A., together with its subsidiaries, provides passenger and cargo transportation services in Brazil. As of December 31, 2021, the company operated 850 daily departures to 125 destinations through a network of 259 non-stop routes with a fleet of 179 aircraft. It is also involved in the loyalty programs, travel packages, investment fund, logistics solutions, and aircraft financing activities. The company was incorporated in 2008 and is headquartered in Barueri, Brazil.

Sector: Industrials - Industry: Airlines

Financial Ratios
Quick Ratio0.45
Working Capital0.72
Return On Equity0.23
Debt To Equity-0.5
Fixed Asset Ratio0.07
Fixed Interest Cover-0.28

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 730.97M 592.34M 1.18B 377.69M
Total Cashflows From Investing Activities -273.84M -1.19B -403.83M -706.15M
Net Borrowings -1.19B -938.42M 909.73M 901.73M
Total Cash From Financing Activities -1.15B -913.5M 933.51M 833.89M
Change To Operating Activities -737.93M -73.78M 220.37M -465.95M
Issuance Of Stock 47.63M 37.77M 23.78M 24M
Net Income -635.73M -2.4B -10.83B -4.21B
Change In Cash 406.82M 478.74M 1.42B 8.98M
Effect Of Exchange Rate 67.04M -15.57M -88.97M 191.85M
Total Cash From Operating Activities 1.76B 2.59B 976.23M -310.62M
Depreciation 1.28B 1.56B 1.73B 1.44B
Change To Account Receivables -160.43M -98.8M 341.76M -270.33M
Other Cashflows From Financing Activities -75.64M -75.64M -75.64M -75.64M
Change To Netincome 1.53B 3.15B 8.05B 2.9B
Capital Expenditures -1.09B -1.43B -343.07M -624.29M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -452.93M -2.54B -11.08B -4.21B
Net Income -635.73M -2.4B -10.83B -4.21B
Selling General Administrative 368.66M 1.27B 1.22B 753.65M
Gross Profit 3.76B 2.97B -472.12M 775.84M
Ebit 1.44B 1.7B -2.16B -1.02B
Operating Income 1.44B 1.7B -2.16B -1.02B
Interest Expense -1.02B -1.23B -2.4B -3.6B
Income Tax Expense 182.81M -133.18M -242.5M
Total Revenue 9.06B 11.44B 5.74B 9.98B
Cost Of Revenue 5.29B 8.47B 6.22B 9.2B
Total Other Income ExpenseNet -1.89B -4.24B -8.92B -3.19B
Net Income From Continuing Ops -635.73M -2.4B -10.83B -4.21B
Net Income Applicable To Common Shares -635.73M -2.4B -10.83B -4.21B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 17.24B 22.72B 29.94B 36.87B
Total Stockholder Equity -1.15B -3.52B -14.15B -18.33B
Other Current Liabilities 2.14B 2.75B 3.99B 4.5B
Total Assets 16.09B 19.2B 15.79B 18.53B
Common Stock 2.21B 2.24B 2.25B 2.29B
Other Current Assets 261.47M 647.99M 440.49M 716.95M
Retained Earnings -5.11B -7.52B -18.35B -22.56B
Treasury Stock 1.75B 1.75B 1.96B 1.94B
Cash 1.17B 1.65B 3.06B 3.07B
Total Current Liabilities 5.28B 6.86B 10.21B 11.71B
Other Stockholder Equity 1.76B 1.77B 1.97B 1.95B
Property, Plant, and Equipment 7.29B 9.47B 6.32B 7.88B
Total Current Assets 3.69B 4.14B 5.42B 5.85B
Net Tangible Assets -2.17B -4.61B -15.32B -19.69B
Net Receivables 1.43B 1.38B 1.13B 1.16B
Accounts Payable 1.29B 1.38B 2.24B 1.77B


Insider Transactions

Here are the insider transactions of stock shares related to Azul S.A.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Azul S.A.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Azul S.A.

Here is the result of two systematic investment strategies applied to Azul S.A.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Azul S.A.

The following chart shows the equity curve of the two systematic investment strategies applied to Azul S.A.:

Azul S.A. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 15.48% on the backtest period.

Performance at glance

Performance

15.48 %

Latent gain

350.06 $

Invested capital

2261.12 $

Annualized return

3.74 %
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Momentum strategy results on Azul S.A.

This is the result of two momentum investment strategies applied to Azul S.A.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Azul S.A.

The following chart shows all the entries opened by the momentum investment system on Azul S.A.:

Azul S.A. momentum entries
  • The first momentum investment strategy would give 14.86% of return on Azul S.A.. That represents 815.37$ of latent gain with 5485.99$ of employed capital.
  • The second momentum investment strategy would give -1.76% of return on Azul S.A.. That represents -55.76$ of latent gain with 3163.28$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.86 %

Latent gain

815.37 $

Invested capital

5485.99 $

Annualized return

61.57 %
Performance at glance (2Q Momentum)

Performance

-1.76 %

Latent gain

-55.76 $

Invested capital

3163.28 $

Annualized return

-0.48 %

Momentum equity curve on Azul S.A.

The following chart shows the equity curve of the two momentum strategies applied to Azul S.A.:

Azul S.A. momentum equity

Note: the dividends potentially given by Azul S.A. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Azul S.A.

The following chart shows the employed capital evolution of the two momentum strategies on Azul S.A. since the beginning:

Azul S.A.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Azul S.A.

Buy the dip entry openings on Azul S.A.

Azul S.A.

The performance achieved by the robo-advisor on Azul S.A. is 131.77%. That represents 638.0$ of latent gain with 484.16$ of employed capital. The following chart shows Azul S.A. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Azul S.A., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

131.77 %

Latent gain

638.0 $

Invested capital

484.16 $

Annualized return

61.57 %

Equity curve of the strategy applied to Azul S.A.

The following chart shows the result of the investment strategy applied to Azul S.A.:

Azul S.A.

Note: the dividends potentially given by Azul S.A. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Azul S.A.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Azul S.A.:

Azul S.A.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Azul S.A.

In this section, I will compare the three previous investment strategies applied to Azul S.A..

Equity curve comparison on Azul S.A.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Azul S.A. investment strategy comparison

Employed capital comparison on Azul S.A.

Azul S.A. investment comparison

Performance comparison on Azul S.A.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 15.48% 350.06$ 2261.12$ 3.74%
Momentum 1 quarter 14.86% 815.37$ 5485.99$ 3.81%
Momentum 2 quarters -1.76% -55.76$ 3163.28$ -0.48%
Non-directional 131.77% 638.0$ 484.16$ 61.57%
Annualized return comparison

Automatic investment

3.74 %

Momentum 1Q

-0.48 %

Momentum 2Q

-0.48 %

Non-directional

61.57 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Azul S.A.:

Note: The algorithm computes the probability of correlation between Azul S.A. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Azul S.A. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Azul S.A.
Country Brazil
City Barueri
Address Av. Marcos Penteado de Ulhôa Rodrigues
Phone 55 11 4831 2880
Website www.voeazul.com.br
FullTime employees 13215
Industry Airlines
Sector Industrials
Exchange XNYS
Ticker AZUL
Market www.nyse.com

Azul S.A. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown