Surf Air Mobility Inc. (SRFM) vs Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS)

Surf Air Mobility Inc. and Controladora Vuela Compania de Aviacion, S.A.B. de C.V. are both Airlines companies. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. is the larger, with a market value of $773.6M against $112.0M — 6.9× the size. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. grew revenue faster over the last twelve months: 9.16% against 3.14%. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. has the higher net margin (−5.70% vs −101.6%) and the higher return on invested capital (0.00% vs 0.00%). Across the 16 metrics below, Controladora Vuela Compania de Aviacion, S.A.B. de C.V. leads on 11 and Surf Air Mobility Inc. on 5.

Valuation

Metric SRFM VLRS Airlines median
P/E n/m n/m 10.32
P/S 0.99 0.24 0.57
P/B n/m 11.66 2.06
Price to free cash flow n/m n/m 13.20
EV/EBITDA n/m n/m 9.68
EV/Sales 1.06 0.13 0.89
Earnings yield (144.14%) (23.77%) 2.85%
Free cash flow yield (61.42%) (89.44%) 3.17%

Profitability

Metric SRFM VLRS Airlines median
Gross margin 1.57% 67.91% 42.57%
Operating margin (67.30%) (12.06%) 4.18%
Net margin (101.58%) (5.70%) 1.85%
Free cash flow margin (60.57%) 29.73% 4.31%
Return on equity 142.44% (116.69%) 10.75%
Return on assets (83.41%) (3.28%) 1.67%
Return on invested capital 0.00% 0.00% 3.19%

Growth

Metric SRFM VLRS Airlines median
Revenue growth (TTM) 3.14% 9.16% 9.79%
EPS growth (last fiscal year) 45.69% (183.33%) —
Revenue growth, 5-year CAGR 70.02% 22.29% 25.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SRFM VLRS Airlines median
Debt to equity (0.62) 10.18 0.81
Current ratio 0.26 0.64 0.60
Net debt to EBITDA (0.46) (1.01) 1.42

Dividend

Metric SRFM VLRS Airlines median
Dividend yield — — 0.82%
Payout ratio — 0.00 0.00

Size

Metric SRFM VLRS Airlines median
Market cap 112.01m 773.61m 3.91b

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