Loading...

Wesco Aircraft Holdings

NYSE:WAIR
Snowflake Description

Moderate growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WAIR
NYSE
$818M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Wesco Aircraft Holdings, Inc. distributes aerospace products and provides supply chain management services to the aerospace industry in North America and internationally. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Wesco Aircraft Holdings has significant price volatility in the past 3 months.
WAIR Share Price and Events
7 Day Returns
3.4%
NYSE:WAIR
2.7%
US Aerospace & Defense
1.4%
US Market
1 Year Returns
-6.3%
NYSE:WAIR
-8.6%
US Aerospace & Defense
2.3%
US Market
WAIR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wesco Aircraft Holdings (WAIR) 3.4% 1.4% -10.8% -6.3% -35.7% -62%
US Aerospace & Defense 2.7% 11.1% 3.8% -8.6% 47.1% 57.3%
US Market 1.4% 5.6% 5.7% 2.3% 44.2% 40.9%
1 Year Return vs Industry and Market
  • WAIR outperformed the Aerospace & Defense industry which returned -8.6% over the past year.
  • WAIR underperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
WAIR
Industry
5yr Volatility vs Market

Value

 Is Wesco Aircraft Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Wesco Aircraft Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wesco Aircraft Holdings.

NYSE:WAIR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:WAIR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.914 (1 + (1- 21%) (106.11%))
1.68
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.68
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.68 * 7.27%)
14.94%

Discounted Cash Flow Calculation for NYSE:WAIR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wesco Aircraft Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:WAIR DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 19.26 73.53 83.00 90.00 97.00
Source Analyst x2 Analyst x3 Analyst x1 Analyst x1 Analyst x1
Present Value
Discounted (@ 14.94%)
16.76 55.65 54.66 51.56 48.35
Present value of next 5 years cash flows $226.98
NYSE:WAIR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $97.00 × (1 + 2.73%) ÷ (14.94% – 2.73%)
$815.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $815.94 ÷ (1 + 14.94%)5
$406.68
NYSE:WAIR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $226.98 + $406.68
$633.66
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $633.66 / 99.75
$6.35
NYSE:WAIR Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.35
Current discount Discount to share price of $8.25
= -1 x ($8.25 - $6.35) / $6.35
-29.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Wesco Aircraft Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wesco Aircraft Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wesco Aircraft Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:WAIR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.40
NYSE:WAIR Share Price ** NYSE (2019-02-21) in USD $8.25
United States of America Aerospace & Defense Industry PE Ratio Median Figure of 41 Publicly-Listed Aerospace & Defense Companies 20.79x
United States of America Market PE Ratio Median Figure of 3,045 Publicly-Listed Companies 17.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wesco Aircraft Holdings.

NYSE:WAIR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WAIR Share Price ÷ EPS (both in USD)

= 8.25 ÷ 0.40

20.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wesco Aircraft Holdings is overvalued based on earnings compared to the US Aerospace & Defense industry average.
  • Wesco Aircraft Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Wesco Aircraft Holdings's expected growth come at a high price?
Raw Data
NYSE:WAIR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
22.6%per year
United States of America Aerospace & Defense Industry PEG Ratio Median Figure of 34 Publicly-Listed Aerospace & Defense Companies 1.76x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

NYSE:WAIR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.82x ÷ 22.6%

0.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wesco Aircraft Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Wesco Aircraft Holdings's assets?
Raw Data
NYSE:WAIR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $7.00
NYSE:WAIR Share Price * NYSE (2019-02-21) in USD $8.25
United States of America Aerospace & Defense Industry PB Ratio Median Figure of 54 Publicly-Listed Aerospace & Defense Companies 2.63x
United States of America Market PB Ratio Median Figure of 5,129 Publicly-Listed Companies 1.87x
NYSE:WAIR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WAIR Share Price ÷ Book Value per Share (both in USD)

= 8.25 ÷ 7.00

1.18x

* Primary Listing of Wesco Aircraft Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wesco Aircraft Holdings is good value based on assets compared to the US Aerospace & Defense industry average.
X
Value checks
We assess Wesco Aircraft Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Wesco Aircraft Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Wesco Aircraft Holdings expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wesco Aircraft Holdings expected to grow at an attractive rate?
  • Wesco Aircraft Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Wesco Aircraft Holdings's earnings growth is expected to exceed the United States of America market average.
  • Wesco Aircraft Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:WAIR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:WAIR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 22.6%
NYSE:WAIR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 4.3%
United States of America Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
United States of America Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:WAIR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:WAIR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 1,976 112 128 1
2022-09-30 1,906 104 118 1
2021-09-30 1,795 97 96 3
2020-09-30 1,738 74 87 5
2019-09-30 1,659 41 54 6
NYSE:WAIR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,603 15 39
2018-09-30 1,570 18 33
2018-06-30 1,525 -13 -13
2018-03-31 1,479 -29 -253
2017-12-31 1,453 -29 -251
2017-09-30 1,429 -27 -237
2017-06-30 1,433 18 -176
2017-03-31 1,445 69 78
2016-12-31 1,457 79 84
2016-09-30 1,477 117 91
2016-06-30 1,481 124 -146
2016-03-31 1,475 107 -153

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wesco Aircraft Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Wesco Aircraft Holdings's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:WAIR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Wesco Aircraft Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WAIR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30 1.20 1.20 1.20 1.00
2022-09-30 1.13 1.13 1.13 1.00
2021-09-30 0.94 1.05 0.83 2.00
2020-09-30 0.86 0.98 0.76 4.00
2019-09-30 0.54 0.66 0.47 5.00
NYSE:WAIR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.40
2018-09-30 0.33
2018-06-30 -0.13
2018-03-31 -2.56
2017-12-31 -2.54
2017-09-30 -2.40
2017-06-30 -1.79
2017-03-31 0.79
2016-12-31 0.86
2016-09-30 0.94
2016-06-30 -1.50
2016-03-31 -1.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Wesco Aircraft Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Wesco Aircraft Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wesco Aircraft Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Wesco Aircraft Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wesco Aircraft Holdings's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wesco Aircraft Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Wesco Aircraft Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Wesco Aircraft Holdings has become profitable in the last year making it difficult to compare the US Aerospace & Defense industry average.
Earnings and Revenue History
Wesco Aircraft Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wesco Aircraft Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WAIR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,602.67 39.32 300.10
2018-09-30 1,570.45 32.65 293.69
2018-06-30 1,525.19 -12.91 284.78
2018-03-31 1,478.73 -253.27 276.22
2017-12-31 1,453.15 -250.83 266.24
2017-09-30 1,429.43 -237.35 259.59
2017-06-30 1,433.47 -175.80 247.49
2017-03-31 1,444.75 77.83 240.37
2016-12-31 1,456.89 83.88 238.78
2016-09-30 1,477.37 91.38 234.94
2016-06-30 1,481.42 -145.88 248.22
2016-03-31 1,474.95 -153.42 256.20
2015-12-31 1,483.76 -153.87 260.00
2015-09-30 1,497.62 -154.74 267.09
2015-06-30 1,536.13 83.90 242.18
2015-03-31 1,563.05 96.20 243.86
2014-12-31 1,504.85 97.46 235.65
2014-09-30 1,355.88 102.10 219.07
2014-06-30 1,182.05 107.43 198.98
2014-03-31 1,016.66 105.68 165.89
2013-12-31 915.16 110.76 144.22
2013-09-30 901.61 104.81 136.85
2013-06-30 879.43 101.82 134.48
2013-03-31 838.54 97.09 131.06
2012-12-31 794.82 87.42 123.87
2012-09-30 776.21 92.18 124.74
2012-06-30 745.37 83.22 119.92
2012-03-31 736.04 74.89 114.91

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Wesco Aircraft Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Wesco Aircraft Holdings used its assets less efficiently than the US Aerospace & Defense industry average last year based on Return on Assets.
  • Wesco Aircraft Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Wesco Aircraft Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wesco Aircraft Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Wesco Aircraft Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wesco Aircraft Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wesco Aircraft Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wesco Aircraft Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Wesco Aircraft Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wesco Aircraft Holdings Company Filings, last reported 1 month ago.

NYSE:WAIR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 698.32 867.92 25.97
2018-09-30 692.47 850.60 47.27
2018-06-30 682.34 882.47 46.32
2018-03-31 672.09 886.02 36.22
2017-12-31 652.41 885.15 41.95
2017-09-30 649.73 872.17 61.63
2017-06-30 687.81 869.83 57.14
2017-03-31 916.03 862.69 54.00
2016-12-31 889.73 849.15 51.19
2016-09-30 882.92 844.13 77.06
2016-06-30 862.89 887.50 65.49
2016-03-31 856.04 932.09 63.04
2015-12-31 834.31 953.35 85.66
2015-09-30 817.57 959.86 82.87
2015-06-30 1,048.17 1,006.01 82.07
2015-03-31 1,017.61 1,061.10 102.25
2014-12-31 1,002.86 1,091.44 99.71
2014-09-30 992.29 1,106.84 104.78
2014-06-30 966.38 1,132.11 80.43
2014-03-31 930.93 1,137.63 49.25
2013-12-31 895.48 570.64 55.55
2013-09-30 865.44 570.60 78.72
2013-06-30 828.42 579.96 60.96
2013-03-31 793.16 603.61 53.89
2012-12-31 765.34 617.43 39.73
2012-09-30 753.37 626.80 60.86
2012-06-30 701.86 627.22 164.04
2012-03-31 678.31 533.12 55.24
  • Wesco Aircraft Holdings's level of debt (124.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (64.4% vs 124.3% today).
  • Debt is not well covered by operating cash flow (1.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Wesco Aircraft Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wesco Aircraft Holdings has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Wesco Aircraft Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Wesco Aircraft Holdings dividends. Estimated to be 0% next year.
If you bought $2,000 of Wesco Aircraft Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Wesco Aircraft Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Wesco Aircraft Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:WAIR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2001 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:WAIR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 0.00 2.00
2020-09-30 0.00 3.00
2019-09-30 0.00 3.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Wesco Aircraft Holdings has not reported any payouts.
  • Unable to verify if Wesco Aircraft Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Wesco Aircraft Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Wesco Aircraft Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Wesco Aircraft Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Wesco Aircraft Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wesco Aircraft Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wesco Aircraft Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Wesco Aircraft Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Todd Renehan
COMPENSATION $2,759,868
AGE 55
TENURE AS CEO 1.8 years
CEO Bio

Mr. Thomas S. Renehan, also known as Todd, has been Chief Executive Officer of Wesco Aircraft Holdings, Inc. April 26, 2017. Mr. Renehan served as the Chief Commercial Officer and Executive Vice President at Wesco Aircraft Holdings, Inc. from 2014 to April 26, 2017. Mr. Renehan has been Chief Executive Officer of Global Construction Supply Division at Singles Roofing Co., Inc. since April 24, 2009. He served as Executive Vice President and Chief Commercial Officer of Haas Group International from 2010 to 2013. In 2010, Mr. Renehan served as Chief Commercial Officer for Damco, a division of Maersk. Mr. Renehan served as President of Haas Group International Inc. and served as its Chief Operating Officer. Mr. Renehan served as an Executive Vice President of Marketing and Rental for U S Fleet Management Solutions at Ryder System Inc. since October 2005 until April 24, 2009. He served as Senior Vice President of Asset Management, Sales and Marketing of Ryder System Inc. since March 2004. Mr. Renehan joined Ryder in 1985 and held positions of increasing responsibility in both sales and operations. He served as Vice President of Asset Management at Ryder from June 2001 to December 2002. He served as Senior Vice President of Sales and Marketing - Fleet Management Solutions since March 2004. He served as Senior Vice President of Asset Management Sales and Marketing - Fleet Management Solutions since December 2002. He served as Vice President of Operations for the Southwest Region from 1998 to 2001. He served within Ryder's Fleet Management Solutions areas as Field Sales Director from 1997 to 1998; District Manager from 1995 to 1997; District Sales Manager from 1993 to 1995; Branch Operations Manager from 1990 to 1993; District Rental Manager from 1988 to 1990; and Dealer Manager/Rental Asset Management from 1986 to 1988. He served on the Sales and Marketing Team for Growing Profits Together I and II, as well as on the Customer Relationship Team for Project Magnet and served as the Vice President of Operations assigned to Sales and Marketing initiatives. He has been a Director at Wesco Aircraft Holdings, Inc., since April 28, 2017. He also served as a Member of the 2000 SWAT cost containment team and the ASE/Design shop team. Mr. Renehan has a Bachelor of Science degree in Marketing from Boston College.

CEO Compensation
  • Todd's compensation has increased in line with Wesco Aircraft Holdings recently becoming profitable.
  • Todd's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Wesco Aircraft Holdings management team in years:

1.8
Average Tenure
55
Average Age
  • The average tenure for the Wesco Aircraft Holdings management team is less than 2 years, this suggests a new team.
Management Team

Todd Renehan

TITLE
CEO & Director
COMPENSATION
$3M
AGE
55
TENURE
1.8 yrs

Alex Murray

TITLE
President & COO
COMPENSATION
$2M
AGE
49
TENURE
1.8 yrs

Kerry Shiba

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
63
TENURE
1.4 yrs

Declan Grant

TITLE
Executive VP & Chief Commercial Officer
COMPENSATION
$1M
AGE
43
TENURE
1.8 yrs

Howard Rosen

TITLE
VP & Corporate Controller
AGE
55
TENURE
0.4 yrs

Ryan Worobel

TITLE
Executive VP & Chief Information Officer
TENURE
0.8 yrs

Jeff Misakian

TITLE
Vice President of Investor Relations
AGE
59

John Holland

TITLE
Executive VP
TENURE
1.4 yrs

K. Mackison

TITLE
Vice President of Global Sales Operations
COMPENSATION
$585K
AGE
45
TENURE
2.3 yrs

Paul Fanelli

TITLE
Executive VP & GM of Americas
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Wesco Aircraft Holdings board of directors in years:

8.2
Average Tenure
62
Average Age
  • The tenure for the Wesco Aircraft Holdings board of directors is about average.
Board of Directors

Randy Snyder

TITLE
Chairman
COMPENSATION
$200K
AGE
69
TENURE
13.1 yrs

Todd Renehan

TITLE
CEO & Director
COMPENSATION
$3M
AGE
55
TENURE
1.8 yrs

Adam Palmer

TITLE
Independent Director
AGE
46
TENURE
13.1 yrs

Dayne Baird

TITLE
Independent Director
AGE
42
TENURE
9.1 yrs

Bob Paulson

TITLE
Independent Director
COMPENSATION
$165K
AGE
72
TENURE
13.1 yrs

Scott Kuechle

TITLE
Independent Director
COMPENSATION
$170K
AGE
58
TENURE
6.6 yrs

Paul Fulchino

TITLE
Independent Director
COMPENSATION
$158K
AGE
72
TENURE
11.1 yrs

Jay Haberland

TITLE
Independent Director
COMPENSATION
$166K
AGE
68
TENURE
7.3 yrs

Norty Schwartz

TITLE
Independent Director
COMPENSATION
$156K
AGE
66
TENURE
5.8 yrs

Jennifer Pollino

TITLE
Independent Director
COMPENSATION
$158K
AGE
54
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Mar 18 Buy Makaira Partners, LLC Company 01. Mar 18 05. Mar 18 83,810 $9.27 $775,988
27. Feb 18 Buy Makaira Partners, LLC Company 23. Feb 18 23. Feb 18 9,800 $8.74 $85,625
X
Management checks
We assess Wesco Aircraft Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wesco Aircraft Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Wesco Aircraft Holdings, Inc.'s (NYSE:WAIR) ROE Of 4.7% Concerning?

Our data shows Wesco Aircraft Holdings has a return on equity of 4.7% for the last year. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.047. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

How Financially Strong Is Wesco Aircraft Holdings Inc (NYSE:WAIR)?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Does Wesco Aircraft Holdings Inc (NYSE:WAIR)'s Capital Return Make The Cut?

and want a simplistic look at the return on Wesco Aircraft Holdings Inc (NYSE:WAIR) stock. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Thus, to understand how your money can grow by investing in Wesco Aircraft Holdings, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Calculating The Intrinsic Value Of Wesco Aircraft Holdings Inc (NYSE:WAIR)

I am going to run you through how I calculated the intrinsic value of Wesco Aircraft Holdings Inc (NYSE:WAIR). … by projecting its future cash flows and then discounting them to today's value. … If you are reading this and its not October 2018 then I highly recommend you check out the latest calculation for Wesco Aircraft Holdings by following the link below

Simply Wall St -

What Do You Get For Owning Wesco Aircraft Holdings Inc (NYSE:WAIR)?

Buying Wesco Aircraft Holdings makes you a partial owner of the company. … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Therefore, looking at how efficiently Wesco Aircraft Holdings is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Is Wesco Aircraft Holdings Inc (NYSE:WAIR) Expensive For A Reason? A Look At The Intrinsic Value

I am going to run you through how I calculated the intrinsic value of Wesco Aircraft Holdings Inc (NYSE:WAIR). … by projecting its future cash flows and then discounting them to today's value. … If you are reading this and its not June 2018 then I highly recommend you check out the latest calculation for Wesco Aircraft Holdings by following the link below.

Simply Wall St -

What You Must Know About Wesco Aircraft Holdings Inc's (NYSE:WAIR) Financial Strength

Does WAIR generate enough cash through operations? … At this constant level of debt, WAIR's cash and short-term investments stands at US$61.63M , ready to deploy into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: WAIR’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Should You Buy Wesco Aircraft Holdings Inc (NYSE:WAIR) At $10.55?

Wesco Aircraft Holdings Inc (NYSE:WAIR), a aerospace & defense company based in United States, received a lot of attention from a substantial price increase on the NYSE over the last few months. … Another thing to keep in mind is that Wesco Aircraft Holdings’s share price is quite stable relative to the rest of the market, as indicated by its low beta. … If you are no longer interested in Wesco Aircraft Holdings, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Wesco Aircraft Holdings Inc (NYSE:WAIR): Is Breakeven Near?

In this article, I will touch on the expectations for WAIR’s growth and when analysts expect the company to become profitable. … See our latest analysis for Wesco Aircraft Holdings Expectation from analysts is WAIR is on the verge of breakeven. … NYSE:WAIR Past Future Earnings Mar 23rd 18 Given this is a high-level overview, I won’t go into detail the detail of WAIR’s upcoming projects, but, bear in mind that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

Simply Wall St -

Is Wesco Aircraft Holdings Inc's (NYSE:WAIR) CEO Incentives Align With Yours?

See our latest analysis for Wesco Aircraft Holdings What has been the trend in WAIR's earnings? … Typically I'd use market cap and profit as factors determining performance, however, WAIR's negative earnings lower the effectiveness of this method. … Regardless of whether Renehan's pay is above or below peers, the more important factors to look at is WAIR's track record of performance and future outlook moving forward.

Simply Wall St -

Company Info

Map
Description

Wesco Aircraft Holdings, Inc. distributes aerospace products and provides supply chain management services to the aerospace industry in North America and internationally. Its services include distribution, supplier relationships management, quality assurance, kitting, just-in-time delivery, chemical management, third-party logistics or fourth-party logistics program, and point-of-use inventory management. The company supplies approximately 563,000 active stock-keeping units, including hardware, chemicals, electronic components, bearings, tools, and machined parts. Its hardware products comprise blind and panel fasteners, bolts and screws, clamps, hi lok pins and collars, hydraulic fittings, inserts, lockbolts and collars, nuts, rivets, springs, valves, and washers; and chemicals include adhesives, sealants and tapes, lubricants, oil and grease, paints and coatings, industrial gases, coolants and metalworking fluids, and cleaners and cleaning solvents. The company’s electronic components include connectors, relays, switches, circuit breakers, lighted products, wires and cables, and interconnect accessories; and bearings consist of airframe control bearings, rod ends, spherical and ball bearings, needle roller bearings, bushings, and precision bearings; and machined parts and tooling comprise brackets, milled parts, shims, stampings, turned parts, welded assemblies, and installation/removal tooling products. It also installs various products that include air and hydraulic tools, as well as drill motors; provides maintenance and repair services for tools; and rents or leases tools. The company serves airline-affiliated and independent maintenance, repair, and overhaul providers; and original equipment manufacturers and their subcontractors, as well as customers in the automotive, energy, health care, industrial, pharmaceutical, and space sectors. Wesco Aircraft Holdings, Inc. was founded in 1953 and is headquartered in Valencia, California.

Details
Name: Wesco Aircraft Holdings, Inc.
WAIR
Exchange: NYSE
Founded: 1953
$817,925,941
99,747,066
Website: http://www.wescoair.com
Address: Wesco Aircraft Holdings, Inc.
24911 Avenue Stanford,
Valencia,
California, 91355,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE WAIR Common Stock New York Stock Exchange US USD 28. Jul 2011
Number of employees
Current staff
Staff numbers
3,069
Wesco Aircraft Holdings employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/22 00:40
End of day share price update: 2019/02/21 00:00
Last estimates confirmation: 2019/02/13
Last earnings filing: 2019/02/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.