WallStSmart

Air T Inc (AIRT)vsGraham Holdings Co (GHC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Graham Holdings Co generates 1264% more annual revenue ($5.07B vs $371.68M). AIRT leads profitability with a 17.2% profit margin vs 10.7%. AIRT trades at a lower P/E of 1.3x. GHC earns a higher WallStSmart Score of 68/100 (B-).

AIRT

Strong Buy

66

out of 100

Grade: B-

Growth: 8.7Profit: 3.5Value: 8.3Quality: 5.0
Piotroski: 4/9Altman Z: 2.23

GHC

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 6.0Value: 4.7Quality: 8.0
Piotroski: 4/9Altman Z: 3.17
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AIRTUndervalued (+38.9%)

Margin of Safety

+38.9%

Fair Value

$38.39

Current Price

$30.69

$7.70 discount

UndervaluedFair: $38.39Overvalued
GHCSignificantly Overvalued (-25.1%)

Margin of Safety

-25.1%

Fair Value

$886.88

Current Price

$1138.57

$251.69 premium

UndervaluedFair: $886.88Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AIRT4 strengths · Avg: 10.0/10
P/E RatioValuation
1.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
62.9%10/10

Revenue surging 62.9% year-over-year

EPS GrowthGrowth
76.9%10/10

Earnings expanding 76.9% YoY

GHC5 strengths · Avg: 9.8/10
P/E RatioValuation
9.1x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

EPS GrowthGrowth
676.0%10/10

Earnings expanding 676.0% YoY

Altman Z-ScoreHealth
3.1710/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Areas to Watch

AIRT4 concerns · Avg: 2.0/10
Market CapQuality
$78.74M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-48.3%2/10

ROE of -48.3% — below average capital efficiency

Free Cash FlowQuality
$-24.15M2/10

Negative free cash flow — burning cash

Operating MarginProfitability
-8.6%1/10

Operating margin of -8.6%

GHC2 concerns · Avg: 2.5/10
Return on EquityProfitability
6.3%3/10

ROE of 6.3% — below average capital efficiency

PEG RatioValuation
4.042/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : AIRT

The strongest argument for AIRT centers on P/E Ratio, Price/Book, Revenue Growth. Profitability is solid with margins at 17.2% and operating margin at -8.6%. Revenue growth of 62.9% demonstrates continued momentum.

Bull Case : GHC

The strongest argument for GHC centers on P/E Ratio, Price/Book, EPS Growth.

Bear Case : AIRT

The primary concerns for AIRT are Market Cap, Return on Equity, Free Cash Flow. Debt-to-equity of 4.06 is elevated, increasing financial risk.

Bear Case : GHC

The primary concerns for GHC are Return on Equity, PEG Ratio.

Key Dynamics to Monitor

AIRT profiles as a growth stock while GHC is a value play — different risk/reward profiles.

GHC carries more volatility with a beta of 0.71 — expect wider price swings.

AIRT is growing revenue faster at 62.9% — sustainability is the question.

GHC generates stronger free cash flow (33M), providing more financial flexibility.

Bottom Line

GHC scores higher overall (68/100 vs 66/100). AIRT offers better value entry with a 38.9% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Air T Inc

INDUSTRIALS · CONGLOMERATES · USA

Air T, Inc. provides overnight air cargo, ground equipment sales, commercial jet engines and parts, printing equipment, and maintenance services in the United States and internationally. The company is headquartered in Denver, North Carolina.

Graham Holdings Co

INDUSTRIALS · CONGLOMERATES · USA

Graham Holdings Company is a diversified global media and education company. The company is headquartered in Arlington, Virginia.

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