Westjet Airlines Ltd is a Canadian low-cost airline founded in 1996. Westjet Airlines operates in North America, Europe, Mexico and Central America. It is also the second largest air carrier in Canada after Air-Canada. Westjet's market capitalization is 2.13 billion with 114.07 million shares outstanding. Westjet made its trading debut on the Toronto Stock Exchange on Wednesday, June 13, 1999. As part of its IPO, the stock was priced at $10 per share. Within minutes, the stock soared to $13, representing a return of about 30% in one day. The stock was worth $12.50 at the end of the day. Westjet has been a good investment for investors in its first year of investment. Westjet shares were trading at $18 at the end of the year. Considering that the simple annual return of the title is 80%. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay Because, to date, Westjet was considered a low-performing stock. It has been treated as a fixed income investment due to its dividend paying history. In 2016, it was named one of 25 stocks considered dividend paying stocks. Westjet started paying cash dividends starting in 2010. Since then, it has never stopped paying dividends to its shareholders. Unlike other organizations, Westjet pays cash dividends at least two or two quarters per year. Below is the attached schedule of cash dividends provided by Westjet. Along with dividends, the company has regularly announced stock splits. The company has announced 3 stock splits by far. The 3 stock splits allowed the company to keep the stock price low and attractive to investors. Stock splits impact the price, which in turn. Source: Price/Earnings = Price/EPS: Year 2013: 14.21 Year 2014: 16.51 Year 2015: 6.57 Year 2016: 9.22 Year 2017: 10.67 Current: 8.05 Sector: Price vs. at book value = Current market price/Book value Year 2013: 2.30 Year 2014: 2.49 Year 2015: 1.31 Year 2016: 1.32 Year 2017: 1.36 Current: 0.94 Industry: 1.87 Return on assets = net income/total assets Year 2013: 6.81 Year 2014: 6.46 Year 2015: 7.52 Year 20 16: 5.23 Year 2017: 4.48 Current: Q1 -0.57 Industry 2017: 6.98 Return on equity = Net income /Equity Year 2013: 17.55 Year 2014: 16.87 Year 2015: 19.67 Year 2016: 14.70 Year 2017: 13.27 Current: T1-1.65 Industry 201 7: 17.21 Asset turnover ratio= Sales/Total assets Total assets= average of beginning assets and ending assets. Year 2013: 0.94 Year 2014: 0.92 Year 2015: 0.73 Year 2016: 0.70 Year 2017: 0.74 Industry: 0.84 Price/sales ratio = Cap total market/Sales year 2013: 1.03 Year 2014: 1.10 Year 2015: 0.64 Year 2016: 0.69 Year 2017: 0.71 Current: Q2- 0.46 Industry: 0.92 Overall, the company s It turns out to be undervalued and is a good investment option. But in terms of returns, the company or stock is not able to match its peers. The stock has significantly underperformed for almost 18 years. Although the sector has not performed well exponentially compared to other sectors, the stock has lagged in delivering good returns compared to other airlines. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a Personalized Essay It would be better to invest in other airlines instead of Westjet or ignore the sector as part of.