WinstonWınston
Back

Deep Value: cash covers more than 100% of the stock price

This company holds roughly $8M in cash and investments — more than its entire stock-market value, based on its latest quarterly filing. You're paying very little for the actual business. Sometimes that's a genuine bargain or a takeover target, sometimes it's cheap for a reason. Not a buy signal on its own — always ask why it's this cheap.

Saker Aviation Services logo

Saker Aviation Services

SKAS
14
Airlines, Airports & Air Services · Industrials
Price
$6.49
-0.49 (-7.02%)
Market Cap
$6.6M
Winston Score
14
Winston is worried
Weak fundamentals across most pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Weak
Growth
Weak
Cash Flow
Weak
Stability
Data not available
Valuation
Data not available

Share count falling — buybacks

2.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 1.0M (2021) → 998K (2025)

Winston Score History

The full picture

Saker Aviation Services is a small company that runs airport concession services in the United States. Its main business is operating a terminal lounge and related services at Niagara Falls International Airport, where it serves travelers passing through the facility. The company operates in the air services industry, providing ground-level hospitality and passenger amenities rather than flying planes itself.

Saker earns revenue through concession fees and service charges at the airport locations it manages. It is a very small company with a market cap that rounds to essentially zero, and it has no clear competitive moat beyond its existing contract at Niagara Falls. The company's financials show deeply negative margins, meaning it currently spends far more than it earns, which makes its ability to survive dependent on either securing new contracts, cutting costs significantly, or raising additional capital — all of which carry meaningful uncertainty for the business going forward.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

YoY Growth Rate

Revenue data limited

EPS Growth

+92.2% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

55.0%ownership

Flat

Insider ownership roughly steady over the past year

Cash Runway

~8 years

$8M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

$8M cash & investments at current burn rate

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
-79.2%
Thin — -79.2% gross margin
Profit after running costs
Operating Margin
-657.4%
Losing money on operations — -657.4%
Return on the money invested
ROCE
-10.7%
Weak — -10.7% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-99.5%
Shrinking sales (-99.5% YoY)
Profit growth
EPS YoY
-269.1%
Earnings shrinking (-269.1% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-1744086.6%
Burning cash (-1744086.6%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial