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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#4686
Positioning
Market Dominance
Transportation, Communications, Electric, Gas, And Sanitary Services
Transportation
$137M
Thomas James Segrave Jr.
flyExclusive, Inc., through its subsidiary, LGM Enterprises, LLC., owns and operates private jets in North America. It also offers jet charter services; and aircraft maintenance, repair, overhaul (MRO) operations, and interior and exterior refurbishment services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services. The company is headquartered in Kinston, North Carolina.
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$UGP ULTRAPAR HOLDINGS INC | 79 | 90 | 95 | 87 | - | - | 29.5% | 5.7% | 7.3% | 3.8% | 1.9% | -16.9% | 4.9% | 22.0x | $2.8B | VS | |
$TNK TEEKAY TANKERS LTD. | 78 | 94 | 97 | 82 | - | - | 24.4% | 20.6% | 67.0% | 30.9% | 32.8% | -16.6% | 7.6% | 0.0x | $1.3B | VS | |
$DHT DHT Holdings, Inc. | 75 | 84 | 88 | 78 | - | - | 17.5% | 12.2% | 54.8% | 36.8% | 31.7% | 2.0% | 10.9% | 40.0x | $1.5B | VS | |
$STNG Scorpio Tankers Inc. | 75 | 86 | 95 | 74 | - | - | 24.7% | 16.6% | 63.1% | 61.5% | 53.8% | -7.2% | 3.3% | 30.0x | $2.6B | VS | |
$NAT NORDIC AMERICAN TANKERS Ltd | 75 | 82 | 88 | 87 | - | - | 8.9% | 5.5% | 64.4% | 22.1% | 13.3% | -10.7% | 18.0% | 53.0x | $465M | VS | |
$AMX AMERICA MOVIL SAB DE CV/ | 74 | 86 | 81 | 68 | - | - | 5.8% | 1.5% | 61.1% | 20.7% | 3.2% | -13.7% | 3.5% | 202.0x | $44.7B | VS | |
$PAC Pacific Airport Group | 73 | 94 | 80 | 78 | - | - | 35.2% | 10.8% | 84.4% | 44.8% | 26.4% | -18.0% | 5.6% | 81.0x | $8.5B | VS | |
$GSL Global Ship Lease, Inc. | 73 | 82 | 94 | 81 | - | - | 26.7% | 15.6% | 100.0% | 53.7% | 50.1% | 5.8% | 7.7% | 47.0x | $753M | VS | |
$TRMD TORM plc | 73 | 86 | 94 | 65 | - | - | 32.7% | 19.3% | 58.8% | 40.9% | 38.0% | 2.5% | 30.1% | 59.0x | $1.7B | VS | |
$VIV TELEFONICA BRASIL S.A. | 73 | 82 | 90 | 78 | - | - | 7.0% | 4.0% | 43.9% | 15.5% | 10.0% | -15.9% | 5.6% | 0.0x | $12.5B | VS | |
$FLYX FLYEXCLUSIVE INC. | 27 | 26 | 27 | 12 | - | - | 50.9% | -18.8% | 13.2% | -17.4% | -24.5% | 16.6% | 0.0% | - | $137M | ||
| SECTOR BENCH | - | - | - | - | - | 16.9x | 6.1x | 11.9% | 3.5% | 55.1% | 17.6% | 10.4% | 4.0% | 1.5% | 1.0x | - | REF |
FLYEXCLUSIVE INC. (FLYX) receives a "Avoid" rating with a composite score of 27.1/100. It ranks #4686 out of 7,333 stocks in our coverage universe and carries a 1-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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YOY expansion rate
Core pricing power
Operating efficiency
Bottom-line conversion
Equity capital efficiency
Asset base utilization
Direct cash return
Thomas James Segrave Jr.
Chief Executive Officer
26
24
14
Audit Verdict: Lower quality and stability scores may indicate governance concerns.
No recent insider transactions available for FLYX
Lagging peers — losers tend to keep underperforming
Expensive relative to fundamentals — limited margin of safety
Weak fundamentals — higher risk of value trap
High volatility — wider range of outcomes increases timing risk
Aggressive spending — empire-building risk, dilutive growth
Below-average composite — caution warranted
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Relative valuation derived from Transportation, Communications, Electric, Gas, And Sanitary Services sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for FLYX.
View All RatingsHigh margin volatility — erratic forensic earnings quality
| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 26 | 12 | +14ALPHA |
| MOMENTUM | 12 | 7 | +5NEUTRAL |
| VALUATION | 27 | 18 | +9ALPHA |
| INVESTMENT | 24 | 10 | +14ALPHA |
| STABILITY | 14 | 8 | +6ALPHA |
| SHORT INT | 82 | 91 | -9DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC -8.5% vs WACC 5.6% (spread -14.1%)
GM 13% vs sector 55%, OM -17% vs sector 18%
Capital turnover 0.88x
Rev growth 17%, 4yr history
Interest coverage -2.2x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
Our quantitative model flags FLYEXCLUSIVE INC. with an Avoid rating, assigning a composite score of 27.1/100 and 1 out of 5 stars. Ranked #4686 of 7,333 stocks, FLYX falls in the bottom tier across key factors. Historically, stocks with this profile have faced elevated risk of underperformance and capital loss.
FLYX's quality score of 26/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of 50.9% (sector avg: 11.9%), gross margins of 13.2% (sector avg: 55.1%), net margins of -24.5% (sector avg: 10.4%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
FLYX registers a value score of just 27/100, suggesting the stock trades at a significant premium to its fundamental metrics. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
FLYEXCLUSIVE INC.'s investment score of 24/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 16.6% vs. a sector average of 4.0% and a return on assets of -18.8% (sector: 3.5%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
FLYEXCLUSIVE INC. is experiencing notably weak momentum with a score of just 12/100. The stock has underperformed its peers and is trending below major moving averages. Revenue growth stands at 16.6% year-over-year, while a beta of 0.96 reflects its sensitivity to broader market moves. While deep momentum weakness can occasionally present value opportunities, it often reflects deteriorating fundamentals or structural headwinds that may persist.
FLYEXCLUSIVE INC. registers a low stability score of 14/100, indicating high volatility and potentially stressed financial conditions. Key stability metrics include a beta of 0.96. Stocks at this level carry elevated capital loss risk and may be unsuitable for conservative portfolios without careful risk management.
FLYX's short interest factor score of 82/100 indicates very low short selling activity relative to peers — a positive signal suggesting institutional investors see limited near-term downside. Specific risk factors include micro-cap liquidity risk. As a micro-cap company with a market capitalization of $137M, FLYEXCLUSIVE INC. benefits from the generally lower volatility and deeper liquidity associated with its size class.
FLYEXCLUSIVE INC. is a micro-cap company in the Transportation, Communications, Electric, Gas, And Sanitary Services sector, ranked #0 of 50 in its sector (100th percentile) and #4686 of 7,333 overall (36th percentile). Key comparisons include ROE of 50.9% exceeding the 11.9% sector median and operating margins of -17.4% below the 17.6% sector average. This top-quartile standing reflects exceptional competitive strength relative to Transportation, Communications, Electric, Gas, And Sanitary Services peers.
While FLYX currently exhibits a AVOID profile, superior opportunities exist within the TRANSPORTATION, COMMUNICATIONS, ELECTRIC, GAS, AND SANITARY SERVICES sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Transportation, Communications, Electric, Gas, And Sanitary Services Alpha →Quant Factor Profile
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Improvement in Momentum (12) would have the largest impact on the composite score.
ROE 326% ABOVE SECTOR MEDIAN (FAVORABLE)
Gross Margin 76% BELOW SECTOR MEDIAN
Op. Margin 199% BELOW SECTOR MEDIAN
AUDIT DATA AS OF SEP 30, 2025 (Q2 FY2025)
We rate FLYEXCLUSIVE INC. (FLYX) as Avoid with a composite score of 27.1/100 at a current price of $2.14. The stock falls in the bottom quintile of our universe across key quantitative factors, and the multi-factor weakness suggests a high probability of continued underperformance.
The rating is primarily driven by strength in value (27th percentile) and quality (26th percentile), which together account for the majority of the composite score. Offsetting weakness in momentum (12th percentile) and stability (14th percentile) tempers our overall conviction. We assign a No Moat rating (19/100), High uncertainty, and Poor capital allocation.
Key items to watch: momentum to confirm whether the current price trend has legs; the path to profitability; valuation compression risk if growth disappoints. Any material change in these dynamics could warrant a reassessment of our rating. The moat trend is stable, which suggests the competitive landscape is stable for now.
FLYEXCLUSIVE INC. holds a top-quartile position (#0 of 50) within the Transportation, Communications, Electric, Gas, And Sanitary Services sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 27.1/100 places it at rank #4686 in our full 7,333-stock universe. At $137M in market capitalization, FLYEXCLUSIVE INC. is a small-cap player in the Transportation, Communications, Electric, Gas, And Sanitary Services space, which limits certain scale advantages but may allow for more agile strategic execution.
Revenue is growing at 17%, though momentum at the 12th percentile suggests the market has not yet fully recognized this trajectory. This potential disconnect between fundamental improvement and market recognition could represent an opportunity for patient investors if the growth trend persists.
The margin cascade tells an important story: gross margins of 13% (-41.9pp vs sector) narrow to operating margins of -17% (-35.0pp vs sector) and net margins of -24.5%, yielding a gross-to-net conversion rate of -186%. The significant margin erosion from gross to net suggests elevated operating expenses, high interest costs, or other structural drags that warrant monitoring.
At a current price of $2.14, FLYEXCLUSIVE INC. is trading at a premium to fundamental value. Our value factor score of 27/100 reflects a composite assessment across multiple valuation metrics including price-to-earnings, price-to-book, EV/EBITDA, and price-to-sales ratios relative to both sector peers and the broader market. The premium valuation implies the market is pricing in significant future growth or quality improvements that are not yet fully reflected in current fundamentals.
The stock currently trades at P/S of 0.2x. We evaluate these multiples in the context of both absolute levels and sector-relative positioning to form our valuation view.
Returns on equity of 50.9% exceed the cost of equity for most companies, indicating genuine shareholder value creation and a reinvestment engine that compounds wealth over time.
Revenue growth of 17% confirms the business is expanding its addressable market — growth at this level typically supports multiple expansion and attracts institutional capital.
The Avoid rating (composite 27.1/100) reflects multi-factor weakness, and historically, stocks in this scoring range have underperformed the market by a meaningful margin.
Thin net margins of -24.5% provide limited cushion against cost pressures, competitive pricing, or macroeconomic headwinds — even small changes in costs could swing the company to a loss.
Weak momentum (12th percentile) suggests institutional selling pressure and unfavorable technical dynamics that may persist.
We assign a High uncertainty rating to FLYEXCLUSIVE INC.. Key risk factors include current negative profitability (net margin -24.5%), below-average price stability (14th percentile), weak quality scores (26th percentile). The wide range of potential outcomes widens our fair value estimate and increases the possibility of permanent capital impairment. Investors considering this name should size positions accordingly and demand a meaningful margin of safety before initiating.
Specific risk factors that inform our assessment include: current negative profitability (net margin -24.5%); below-average price stability (14th percentile); weak quality scores (26th percentile). Each of these factors independently widens the distribution of potential outcomes, and in combination they create a risk profile that demands careful position sizing. The stability factor at the 14th percentile and quality factor at the 26th percentile provide a quantitative summary of the overall risk landscape.
We identify limited risk mitigants at this time, which contributes to our high uncertainty assessment. Investors should monitor for improvement in balance sheet metrics, margin stability, and business predictability that could warrant a downgrade in our risk assessment over time.
We rate FLYEXCLUSIVE INC.'s capital allocation as Poor. Key concerns include negative profitability, weak asset returns (ROA -18.8%). Exemplary capital allocators generate ROE above 20% and maintain conservative leverage — FLYEXCLUSIVE INC. significantly underperforms these benchmarks, raising questions about management's ability to create shareholder value.
Investors should scrutinize management's reinvestment decisions and balance sheet trajectory before committing capital. Poor capital allocation often compounds over time: overlevered balance sheets limit strategic flexibility, while low returns on capital destroy shareholder value. We would need to see sustained improvement in profitability metrics and balance sheet discipline before considering an upgrade.
In summary, FLYEXCLUSIVE INC. receives a Avoid rating with a composite score of 27.1/100 (rank #4686 of 7,333). Our quantitative framework assigns a No Moat (19/100, trend: stable), High uncertainty, and Poor capital allocation. The average factor score across quality, value, momentum, stability, and investment is 21/100.
Our analysis does not support a constructive view on FLYEXCLUSIVE INC. at this time. The combination of limited competitive advantages, high uncertainty, and poor capital allocation suggests unfavorable risk-reward at current levels. We recommend investors avoid new positions and existing holders consider reducing exposure.
Analysis derived from Blank Capital Research quantitative terminal. For informational purposes only. No trade solicitation. Past performance not indicative of future results. Consult a qualified advisor.
We do not assign FLYEXCLUSIVE INC. a meaningful economic moat, scoring 19/100 on our composite assessment. The ROIC-WACC spread of -14.1% is the primary signal of economic value creation. Current fundamentals do not demonstrate the kind of durable competitive advantages — such as superior returns on invested capital, margin superiority, or reinvestment efficiency — that would protect the company from competitive erosion over the long term. The highest-scoring pillar, growth durability, reached only 7.8/20.
The strongest moat sources are growth durability (7.8/20) and margin superiority (4.4/20). Rev growth 17%, 4yr history. GM 13% vs sector 55%, OM -17% vs sector 18%. These pillars form the core of FLYEXCLUSIVE INC.'s competitive identity and are the primary drivers of excess returns in our framework.
Areas of relative weakness include reinvestment efficiency (1.5/20) and financial resilience (2.5/20). Capital turnover 0.88x. Improvement in these areas could meaningfully widen the moat over time, while deterioration would be an early warning of competitive erosion.
Our moat trend assessment is Stable. Multi-year ROIC and operating margin trajectories show neither meaningful improvement nor deterioration, suggesting the competitive position is steady. We expect FLYEXCLUSIVE INC.'s moat profile to remain largely unchanged absent a material shift in return on capital or industry dynamics.
Key profit drivers include robust top-line growth of 17% expanding the revenue base, returns on equity of 50.9% driving shareholder value creation. The margin cascade from 13% gross to -17% operating to -24.5% net reveals the company's cost structure and reinvestment intensity. Our analysis indicates that profit quality raises some durability concerns, with the quality factor at the 26th percentile.
The margin profile shows gross margins of 13%, operating margins of -17%, net margins of -24.5%. Return metrics include ROE of 50.9% and ROA of -18.8%. Relative to the Transportation, Communications, Electric, Gas, And Sanitary Services sector, gross margins are 41.9 percentage points below the sector median of 55%, and ROE of 50.9% compares to a sector median of 11.9%.
The balance sheet reflects revenue growth of 17%. Overall balance sheet health is adequate for the current business environment.
Below-average quality (26th percentile) raises durability concerns about the fundamental profile and increases the risk of negative earnings surprises.
Elevated short interest (82th percentile) indicates that sophisticated market participants are betting against the stock.
Above 50MA
37.18%
Net New Highs
+51081
LAS VEGAS, NV, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced updates regarding its capital structure, financing arrangements and strategic flexibility in connection with a newly executed amendment (the “Amendment”) to its previously announced Amended and Restated Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with flyExclusive, I
flyExclusive is a private jet services provider through on-demand charters, Jet Club memberships, and fractional ownership.
FlyExclusive (FLYX) stock surged over 100% on January 8, 2026, following an announcement of an authorized dealership agreement with SpaceX's Starlink. The private jet operator will install Starlink's high-speed satellite connectivity systems across its fleet and offer installation services to third-party aircraft owners. Despite the dramatic rally, the company faces ongoing financial challenges including net losses of $26.99 million and negative free cash flow.
flyExclusive is acquiring Jet.AI's aviation business in an all-stock deal, supporting Jet.AI's shift toward AI solutions. The acquisition strengthens flyExclusive's fleet and market position while allowing Jet.AI to concentrate on artificial intelligence solutions.
Shares of Fisker Inc. (NYSE: FSR) rose sharply during Friday’s session after the company provided a December 2023 business update. The company grew deliveries by over 300% from Q3 to Q4, and total deliveries are approximately 4,700, with the majority being Fisker Ocean One launch edition vehicles priced at $68,999. In 2023, Fisker produced 10,142 Fisker Oceans and delivered approximately 4,700 vehicles. Fisker shares jumped 20.8% to $1.8250 on Friday. Here are some other stocks moving in today's mid-day session. Gainers China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) shares climbed 132.6% to $4.8150. Aditxt, Inc. (NASDAQ: ADTX) shares climbed 73.4% to $8.36. Aditxt recently entered into definitive agreement to acquire Evofem Biosciences, Inc. China Green Agriculture, Inc. (NYSE: CGA) gained 68.3% to $3.1982. On Dec. 27, China Green Agriculture entered into a stock purchase agreement with Zhibiao Pan for the acquisition of all outstanding stock of Lonestar Dream for a total consideration of $49 million. Sentage Holdings Inc. (NASDAQ: SNTG) gained 57% to $2.7802. cbdMD, Inc. (NYSE: YCBD) shares climbed 55.7% to $1.2299 after gaining 11% on Thursday. Jin Medical International Ltd. (NASDAQ: ZJYL) gained 40.8% to $245.00. The company recently received a letter from the Nasdaq indicating that a delisting action has been stayed. SYLA Technologies Co., Ltd. (NASDAQ: SYT) rose 27.5% to $5.60. SYLA Technologies recently increased its FY23 guidance. Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) rose 17.8% to $0.3890. Titan Pharmaceuticals said its Board of Directors has approved a 1-for-20 reverse stock split. Future FinTech Group Inc. (NASDAQ: FTFT) gained 14.7% to $2.33. Kintara Therapeutics, Inc. (NASDAQ: KTRA) rose 14% to $0.22 after gaining 7% on Thursday. Lulu's Fashion Lounge Holdings, Inc. (NASDAQ: