| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ASLE Stock Overview
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide.
AerSale Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.10 |
| 52 Week High | US$24.20 |
| 52 Week Low | US$12.55 |
| Beta | 0.50 |
| 1 Month Change | 25.78% |
| 3 Month Change | 50.45% |
| 1 Year Change | 51.93% |
| 3 Year Change | 101.00% |
| 5 Year Change | n/a |
| Change since IPO | 107.65% |
Recent News & Updates
AerSale Non-GAAP EPS of $0.56 beats by $0.38, revenue of $139.6M beats by $28.6M
AerSale press release (NASDAQ:ASLE): Q2 Non-GAAP EPS of $0.56 beats by $0.38. Revenue of $139.6M (+51.9% Y/Y) beats by $28.6M. Reaffirms 2022 guidance: expects revenue in the range of $420 - $450 million ($435.9M consensus) and adjusted EBITDA in the range of $80 - $90 million
Investors Will Want AerSale's (NASDAQ:ASLE) Growth In ROCE To Persist
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Elbit Systems subsidiary Universal Avionics nabs $33M contract for supplying EFVS for Boeing
Elbit Systems' (NASDAQ:ESLT) subsidiary, Universal Avionics Systems received a contract worth ~$33M from AerSale (NASDAQ:ASLE) to supply Enhanced Flight Vision Systems (EFVS) for Boeing 737NG aircraft. The contract will be executed through 2023. Under the contract, Universal Avionics will supply the ClearVision EFVS systems featuring the SkyLens 360-degree field of view Head Wearable Display and the EVS-5000 cameras. "We see a renewed demand in the commercial aviation market for innovative yet certified vision capabilities that enable efficient and safe flights during degraded visibility situations," General Manager of Elbit Systems Aerospace commented.
Shareholder Returns
| ASLE | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | 11.5% | -1.0% | 0.3% |
| 1Y | 51.9% | 5.0% | -13.5% |
Return vs Industry: ASLE exceeded the US Aerospace & Defense industry which returned 5% over the past year.
Return vs Market: ASLE exceeded the US Market which returned -13.5% over the past year.
Price Volatility
| ASLE volatility | |
|---|---|
| ASLE Average Weekly Movement | 6.3% |
| Aerospace & Defense Industry Average Movement | 6.9% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ASLE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASLE's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 509 | Nick Finazzo | https://www.aersale.com |
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts.
AerSale Fundamentals Summary
| ASLE fundamental statistics | |
|---|---|
| Market Cap | US$1.03b |
| Earnings (TTM) | US$53.23m |
| Revenue (TTM) | US$452.50m |
19.5x
P/E Ratio2.3x
P/S RatioIs ASLE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASLE income statement (TTM) | |
|---|---|
| Revenue | US$452.50m |
| Cost of Revenue | US$281.99m |
| Gross Profit | US$170.50m |
| Other Expenses | US$117.27m |
| Earnings | US$53.23m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.03 |
| Gross Margin | 37.68% |
| Net Profit Margin | 11.76% |
| Debt/Equity Ratio | 0.0% |
How did ASLE perform over the long term?
See historical performance and comparisonValuation
Is ASLE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ASLE?
Other financial metrics that can be useful for relative valuation.
| What is ASLE's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$1.03b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.8x |
| Enterprise Value/EBITDA | 9.5x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does ASLE's PE Ratio compare to its peers?
| ASLE PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 32.8x | ||
VVX V2X | 77.9x | n/a | US$907.3m |
KAMN Kaman | 28x | 22.4% | US$894.6m |
AIR AAR | 20.9x | 21.3% | US$1.6b |
DCO Ducommun | 4.4x | -34.0% | US$582.7m |
ASLE AerSale | 19.5x | n/a | US$1.0b |
Price-To-Earnings vs Peers: ASLE is good value based on its Price-To-Earnings Ratio (19.5x) compared to the peer average (32.8x).
Price to Earnings Ratio vs Industry
How does ASLE's PE Ratio compare vs other companies in the US Aerospace & Defense Industry?
Price-To-Earnings vs Industry: ASLE is good value based on its Price-To-Earnings Ratio (19.5x) compared to the US Aerospace & Defense industry average (21.3x)
Price to Earnings Ratio vs Fair Ratio
What is ASLE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 19.5x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASLE's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ASLE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ASLE ($20.1) is trading below our estimate of fair value ($69.38)
Significantly Below Fair Value: ASLE is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is AerSale forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
12.6%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AerSale has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine whether AerSale is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
Past Performance
How has AerSale performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
86.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASLE has high quality earnings.
Growing Profit Margin: ASLE's current net profit margins (11.8%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: ASLE's earnings have grown significantly by 86.2% per year over the past 5 years.
Accelerating Growth: ASLE's earnings growth over the past year (150%) exceeds its 5-year average (86.2% per year).
Earnings vs Industry: ASLE earnings growth over the past year (150%) exceeded the Aerospace & Defense industry 27.7%.
Return on Equity
High ROE: ASLE's Return on Equity (11.6%) is considered low.
Discover strong past performing companies
Financial Health
How is AerSale's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ASLE's short term assets ($339.7M) exceed its short term liabilities ($50.2M).
Long Term Liabilities: ASLE's short term assets ($339.7M) exceed its long term liabilities ($7.0M).
Debt to Equity History and Analysis
Debt Level: ASLE is debt free.
Reducing Debt: ASLE had no debt 5 years ago.
Debt Coverage: ASLE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASLE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is AerSale current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASLE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASLE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ASLE has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Nick Finazzo (65 yo)
2.67yrs
Tenure
US$1,347,549
Compensation
Mr. Nicolas Finazzo, also known as Nick, Co-Founded AerSale Corporation in 2008 and has been its Chairman, Chief Executive Officer and Division President of TechOps since December 2019 and served as its Ch...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.35M) is below average for companies of similar size in the US market ($USD3.93M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ASLE's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: ASLE's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.4%.
Top Shareholders
Company Information
AerSale Corporation's employee growth, exchange listings and data sources
Key Information
- Name: AerSale Corporation
- Ticker: ASLE
- Exchange: NasdaqCM
- Founded: 2008
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: US$1.035b
- Shares outstanding: 51.73m
- Website: https://www.aersale.com
Number of Employees
Location
- AerSale Corporation
- 255 Alhambra Circle
- Suite 435
- Coral Gables
- Florida
- 33134
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/10 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.