` AAX (AirAsia X Bhd) vs DAL (Delta Air Lines Inc) Comparison - Alpha Spread

A
AAX
vs
DAL

Over the past 12 months, AAX has underperformed DAL, delivering a return of +9% compared to the DAL's +11% growth.

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AAX
DAL
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One-click summary across all key metrics.
Ranked results with clear takeaways.
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Valuation
Growth
Profitability
Solvency
Comparing Valuation
Running a multi-layered valuation analysis to compare how attractive each stock is.
Comparing Growth
Financial growth, forecasts, volatility, and historical drawdowns.
Comparing Profitability
Margins, returns on capital, and the consistency of profitability.
Comparing Solvency
Debt levels, liquidity, interest coverage, and bankruptcy risk.
Summarizing...
We need a little more time to summarize the results

Valuation Comparison

A
AAX Intrinsic Value
10.72 MYR
Undervaluation 85%
Intrinsic Value
Price
DAL Intrinsic Value
85.23 USD
Undervaluation 40%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
A
AirAsia X Bhd
KLSE:AAX
1.62 MYR
Delta Air Lines Inc
NYSE:DAL
50.86 USD
Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
AAX vs DAL

AAX
DAL
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
A
AirAsia X Bhd
Revenue
Delta Air Lines Inc
Revenue

All metrics are calculated based on data from the last 10 years.

Profitability Comparison

Free Cash Flow
AAX vs DAL

AAX
DAL
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
A
AirAsia X Bhd
KLSE:AAX
Delta Air Lines Inc
NYSE:DAL
What is Free Cash Flow?

Gross Margin

AAX
24.9%
DAL
50.6%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

Operating Margin

AAX
6.7%
DAL
9.6%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

Net Margin

AAX
5.4%
DAL
5.9%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

FCF Margin

AAX
10.5%
DAL
4.6%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

ROE

AAX
71.6%
DAL
27.5%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

ROA

AAX
5.4%
DAL
4.8%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

ROIC

AAX
6.1%
DAL
6.7%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

ROCE

AAX
10.8%
DAL
12.6%
LTM 3Y Avg 5Y Avg 10Y Avg
A
AirAsia X Bhd
Delta Air Lines Inc

Solvency Comparison

Balance Sheet Comparison

Stocks Performance

Stocks Performance
AAX vs DAL

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Performance Gap
AAX vs DAL

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AAX
DAL
Difference
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Performance By Year
AAX vs DAL

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AAX
DAL
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