NasdaqGM:WLFC

Stock Analysis Report

Executive Summary

Willis Lease Finance Corporation, together with its subsidiaries, leases and services commercial aircraft and aircraft engines worldwide.

Snowflake

Fundamentals

Proven track record and fair value.

Risks

  • Willis Lease Finance has significant price volatility in the past 3 months.
  • Willis Lease Finance is not covered by any analysts.

Share Price & News

How has Willis Lease Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

20.5%

NasdaqGM:WLFC

6.1%

US Trade Distributors

1.2%

US Market


1 Year Return

115.6%

NasdaqGM:WLFC

-8.5%

US Trade Distributors

1.7%

US Market

WLFC outperformed the Trade Distributors industry which returned -8.5% over the past year.

WLFC outperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

WLFCIndustryMarket
7 Day20.5%6.1%1.2%
30 Day24.1%12.2%4.9%
90 Day35.8%7.2%3.7%
1 Year115.6%115.6%-6.8%-8.5%3.9%1.7%
3 Year231.2%231.2%45.2%38.9%47.2%37.7%
5 Year247.9%247.9%23.2%14.4%60.0%42.4%

Price Volatility Vs. Market

How volatile is Willis Lease Finance's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Willis Lease Finance undervalued based on future cash flows and its price relative to the stock market?

6.93x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Willis Lease Finance to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Willis Lease Finance to establish if it is available at substantial discount.


Price Based on Earnings

Willis Lease Finance is good value based on earnings compared to the US Trade Distributors industry average.

Willis Lease Finance is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Willis Lease Finance, we can't assess if its growth is good value.


Price Based on Value of Assets

Willis Lease Finance is good value based on assets compared to the US Trade Distributors industry average.


Next Steps

Future Growth

How is Willis Lease Finance expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Willis Lease Finance is high growth as no revenue estimate data is available.

Willis Lease Finance's earnings are expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

Unable to compare Willis Lease Finance's revenue growth to the United States of America market average as no estimate data is available.

Willis Lease Finance's earnings growth is positive but not above the United States of America market average.

Willis Lease Finance's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Willis Lease Finance will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Willis Lease Finance performed over the past 5 years?

48.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Willis Lease Finance has delivered over 20% year on year earnings growth in the past 5 years.

Willis Lease Finance's 1-year earnings growth is less than its 5-year average (2.8% vs 48.1%)

Willis Lease Finance's earnings growth has exceeded the US Trade Distributors industry average in the past year (2.8% vs 1.7%).


Return on Equity

Willis Lease Finance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Willis Lease Finance used its assets more efficiently than the US Trade Distributors industry average last year based on Return on Assets.


Return on Capital Employed

Willis Lease Finance has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Willis Lease Finance's financial position?


Financial Position Analysis

Willis Lease Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Willis Lease Finance's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Willis Lease Finance's level of debt (347.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (344.6% vs 347.4% today).

Debt is not well covered by operating cash flow (15.4%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

What is Willis Lease Finance's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Willis Lease Finance's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Willis Lease Finance's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Willis Lease Finance has not reported any payouts.

Unable to verify if Willis Lease Finance's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Willis Lease Finance has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Willis Lease Finance's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average management tenure


CEO

Charlie Willis (70yo)

34.7yrs

Tenure

US$8,031,934

Compensation

Mr. Charles F. Willis, IV, also known as Charli, is the Founder of Willis Lease Finance Corp and has been its Chief Executive Officer since 1985. Mr. Willis has 40 years of experience in the aviation indus ...


CEO Compensation Analysis

Charlie's remuneration is higher than average for companies of similar size in United States of America.

Charlie's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

5.0yrs

Average Tenure

50yo

Average Age

The average tenure for the Willis Lease Finance management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

12.9yrs

Average Tenure

69yo

Average Age

The average tenure for the Willis Lease Finance board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Willis Lease Finance individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$10,73501 Aug 19
Scott Flaherty
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares500
Max PriceUS$21.47
BuyUS$11,70001 Aug 19
Brian Hole
EntityIndividual
Role
President
President
Shares500
Max PriceUS$23.40
SellUS$424,24313 Jun 19
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares7,865
Max PriceUS$53.94
SellUS$10,56812 Jun 19
Robert Keady
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$52.84
SellUS$316,88912 Jun 19
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares6,000
Max PriceUS$52.81
SellUS$272,17310 Jun 19
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares5,435
Max PriceUS$50.08
SellUS$341,99506 Jun 19
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares6,700
Max PriceUS$52.16
SellUS$10,35005 Jun 19
Robert Keady
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$51.75
SellUS$5,03404 Jun 19
Robert Keady
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$50.34
SellUS$19,95403 Jun 19
Robert Keady
EntityIndividual
Role
Member of the Board of Directors
Director
Shares400
Max PriceUS$49.89
SellUS$6,05530 May 19
Robert Keady
EntityIndividual
Role
Member of the Board of Directors
Director
Shares118
Max PriceUS$51.31
SellUS$34,13323 May 19
Brian Hole
EntityIndividual
Role
President
President
Shares638
Max PriceUS$53.50
SellUS$23,10721 May 19
Hans Hunziker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares409
Max PriceUS$56.50
SellUS$111,97421 May 19
Robert Keady
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,982
Max PriceUS$56.50
SellUS$15,26120 May 19
Hans Hunziker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares265
Max PriceUS$57.59
SellUS$27,65817 May 19
Robert Morris
EntityIndividual
Role
Member of the Board of Directors
Director
Shares484
Max PriceUS$57.14
SellUS$75,77217 May 19
Hans Hunziker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,326
Max PriceUS$57.14
SellUS$23,40015 May 19
Robert Morris
EntityIndividual
Role
Member of the Board of Directors
Director
Shares416
Max PriceUS$56.25
SellUS$60,64815 May 19
Robert Morris
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,100
Max PriceUS$55.13
BuyUS$10,73601 Feb 19
Scott Flaherty
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares500
Max PriceUS$21.47
BuyUS$11,70001 Feb 19
Brian Hole
EntityIndividual
Role
President
President
Shares500
Max PriceUS$23.40
SellUS$82,43012 Dec 18
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares2,347
Max PriceUS$35.12
SellUS$26,30712 Dec 18
Hans Hunziker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares750
Max PriceUS$35.08
SellUS$48,43912 Dec 18
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares1,374
Max PriceUS$35.25
SellUS$26,30712 Dec 18
Robert Morris
EntityIndividual
Role
Member of the Board of Directors
Director
Shares750
Max PriceUS$35.08
SellUS$8,99811 Dec 18
Hans Hunziker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares250
Max PriceUS$35.99
SellUS$8,99811 Dec 18
Robert Morris
EntityIndividual
Role
Member of the Board of Directors
Director
Shares250
Max PriceUS$35.99
SellUS$28,16210 Dec 18
Austin Willis
EntityIndividual
Role
Member of the Board of Directors
Senior VP of Corporate Development & Director
Shares779
Max PriceUS$36.15

Ownership Breakdown


Management Team

  • Charlie Willis (70yo)

    Chairman & CEO

    • Tenure: 34.7yrs
    • Compensation: US$8.03m
  • Dean Poulakidas (50yo)

    Senior VP

    • Tenure: 6.7yrs
    • Compensation: US$1.43m
  • Austin Willis (38yo)

    Senior VP of Corporate Development & Director

    • Tenure: 10.8yrs
    • Compensation: US$1.30m
  • Scott Flaherty (53yo)

    Senior VP & CFO

    • Tenure: 3.3yrs
    • Compensation: US$2.15m
  • Brian Hole (41yo)

    President

    • Tenure: 3.4yrs
    • Compensation: US$2.15m

Board Members

  • Charlie Willis (70yo)

    Chairman & CEO

    • Tenure: 34.7yrs
    • Compensation: US$8.03m
  • Hans Hunziker (69yo)

    Director

    • Tenure: 13.7yrs
    • Compensation: US$231.12k
  • Bob Morris (70yo)

    Director

    • Tenure: 12.9yrs
    • Compensation: US$187.66k
  • Austin Willis (38yo)

    Senior VP of Corporate Development & Director

    • Tenure: 10.8yrs
    • Compensation: US$1.30m
  • Robert Keady (68yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: US$187.66k

Company Information

Willis Lease Finance Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Willis Lease Finance Corporation
  • Ticker: WLFC
  • Exchange: NasdaqGM
  • Founded: 1985
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$432.861m
  • Shares outstanding: 5.85m
  • Website: https://www.willislease.com

Number of Employees


Location

  • Willis Lease Finance Corporation
  • 4700 Lyons Technology Parkway
  • Coconut Creek
  • Florida
  • 33073
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WLFCNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDSep 1996

Biography

Willis Lease Finance Corporation, together with its subsidiaries, leases and services commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Oper ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:45
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.