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Company Analysis

Frontier Group Holdings, Inc. ULCC

A comprehensive view of key metrics, scores, and financial health for Frontier Group Holdings, Inc.

Overview of Frontier Group Holdings, Inc.

ULCC NMS
Industrials Airlines Small Cap
Frontier Group Holdings, Inc. (ULCC), is a Small Cap company, in the Airlines industry, last closed at $3.79, about 485.2% undervalued vs fair value, +27.2% 1Y return, ranked 432/660 in sector.
Metrics Rev Growth -1.4% ROE -25.0% Gross Margin 35.5%
$3.79
-1.30%
As of April 28, 2026
Previous close • Vol 90d: 80.6%
52-Week Range
Market Cap
$870.68M
Enterprise Value
$9.73B
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Weak
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Weak
Completeness: 82%
Confidence: 89%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.flyfrontier.com
HQ Denver, CO
Employees 7,656
Fiscal year Dec 31

Next Events

Earnings Apr 30 Estimated

Fair Value Snapshot

Bear Base Bull
$19
$22
$25
Current: $3.79 +485% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$3.7B
-1.4%%
Gross Profit
$1.3B
607%%
Operating Income
$-149.0M
-356.9%%
Net Income
$-137.0M
-261.2%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
115.3%
Excellent

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
0/3
Improving
0
High Impact
3
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Frontier Group Holdings, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
37
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
46
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing ULCC's balance between Growth (20.0%), Profitability (35.8%), and Safety (44.2%). Growth 20% Safety 44% Profitability 36%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

17th percentile vs peers
17
Key Signals
Revenue CAGR 3Y 3.8% 22p Rev Growth YoY -1.4% 16p EPS Growth YoY -2.60 12p
Strengths
  • D/E Ratio in top 20% of peers (19.42, 94th percentile)
  • Gross Profit Margin in top 20% of peers (35.5%, 88th percentile)
  • Net Debt/EBITDA in top 20% of peers (23.01, 86th percentile)
  • Conservative leverage compared to industry peers
Risks
  • Growth in bottom 20% of peers (percentile: 17)
  • Rev Growth YoY in bottom 20% of peers (-1.4%)
  • EPS Growth YoY in bottom 20% of peers (-2.60)

Profitability

31th percentile vs peers
31
Key Signals
Strengths
Risks
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Safety

38th percentile vs peers
38
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Frontier Group Holdings, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$22.18
- - -
+485.2% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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