Bristow Group Inc. (VTOL) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E below the industry

Bristow's P/E of 15.3 is below the Transportation by Air median of 17.2.

EV/EBITDA below its 5-year median

Bristow's EV/EBITDA of 6.8 is below its 5-year median of 8.9.

P/B below the industry

Bristow's price-to-book of 1.11 is below the Transportation by Air median of 1.63.

Trading below fair value

The share price of $41.09 is below our fair value estimate of $49.26.

Margin of safety under 20%

The price is 16.6% below fair value, less than the 20% cushion we look for.

Revenue growing 10%+ a year

Revenue grew 87.5% a year over the last three fiscal years.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 10.1% over the last twelve months; the Transportation by Air median is 10.1%.

Guidance raised

Bristow raised its 2026E Maintenance capital expenditures outlook on Nov 3, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity

Needs positive equity and five years of results.

Return on capital under 10%

Return on invested capital was 8.4%, below the 10% that usually covers the cost of capital.

Return on equity below the industry

Bristow's return on equity of 7.5% is below the Transportation by Air median of 15.1%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin above its 5-year average

Net margin was 5.0% over the last twelve months, against a 5-year average of 3.7%.

Net margin above the industry

Bristow's net margin of 5.0% is above the Transportation by Air median of 4.6%.

High debt

Debt is 67.7% of shareholders' equity, above the 40% we consider low.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 23.0% of total debt.

Interest not well covered

Operating income covers interest expense 3.2 times; we look for at least 5.

Short-term assets cover short-term debts

Current assets are 1.99 times current liabilities.

Bankruptcy risk in the grey zone

The Altman Z-score is 1.89; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Bristow paid dividends worth 0.9% of the share price over the last twelve months.

Yield below Treasuries

The 0.9% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Bristow yields 0.9%.

Dividend stability

Fewer than five years of dividend history.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.