Wesco Aircraft Holdings, Inc. distributes aerospace products; and provides supply chain management services to the aerospace industry in North America and internationally.
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Wesco Aircraft Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WAIR has not had significant price volatility in the past 3 months.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: WAIR underperformed the US Aerospace & Defense industry which returned 37.9% over the past year.
Return vs Market: WAIR exceeded the US Market which returned 24.7% over the past year.
Price Volatility Vs. Market
How volatile is Wesco Aircraft Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StWhy We’re Not Impressed By Wesco Aircraft Holdings, Inc.’s (NYSE:WAIR) 7.7% ROCE
7 months ago | Simply Wall StSome Wesco Aircraft Holdings (NYSE:WAIR) Shareholders Are Down 47%
8 months ago | Simply Wall StShould You Be Concerned About Wesco Aircraft Holdings, Inc.'s (NYSE:WAIR) ROE?
Is Wesco Aircraft Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WAIR ($11.04) is trading above our estimate of fair value ($6.64)
Significantly Below Fair Value: WAIR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WAIR is poor value based on its PE Ratio (51.5x) compared to the Aerospace & Defense industry average (20.7x).
PE vs Market: WAIR is poor value based on its PE Ratio (51.5x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: WAIR is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: WAIR is good value based on its PB Ratio (1.5x) compared to the US Aerospace & Defense industry average (2.7x).
How is Wesco Aircraft Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WAIR's forecast earnings growth (31.2% per year) is above the savings rate (1.7%).
Earnings vs Market: WAIR's earnings (31.2% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WAIR's revenue (3.5% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: WAIR's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WAIR's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Wesco Aircraft Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WAIR has a large one-off loss of $43.8M impacting its September 30 2019 financial results.
Growing Profit Margin: WAIR's current net profit margins (1.3%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: WAIR has become profitable over the past 5 years, growing earnings by -9% per year.
Accelerating Growth: WAIR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WAIR had negative earnings growth (-34.6%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (13.9%).
Return on Equity
High ROE: WAIR's Return on Equity (3%) is considered low.
Return on Assets
Return on Capital Employed
How is Wesco Aircraft Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: WAIR's short term assets ($1.2B) exceed its short term liabilities ($344.2M).
Long Term Liabilities: WAIR's short term assets ($1.2B) exceed its long term liabilities ($737.2M).
Debt to Equity History and Analysis
Debt Level: WAIR's debt to equity ratio (110.4%) is considered high.
Reducing Debt: WAIR's debt to equity ratio has reduced from 111.1% to 110.4% over the past 5 years.
Inventory Level: WAIR has a high level of physical assets or inventory.
Debt Coverage by Assets: WAIR's debt is covered by short term assets (assets are 1.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WAIR is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: WAIR is profitable, therefore cash runway is not a concern.
What is Wesco Aircraft Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate WAIR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate WAIR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WAIR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WAIR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WAIR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Renehan (56yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD2.35M) is about average for companies of similar size in the US market ($USD2.53M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
|CEO & Director||2.8yrs||US$2.35m||0.12% $1.4m|
|President & COO||2.8yrs||US$1.50m||0.17% $1.9m|
|Executive VP & CFO||2.3yrs||US$1.46m||0.046% $504.7k|
|Executive VP & Chief Commercial Officer||2.8yrs||US$892.86k||0.11% $1.3m|
|VP & Corporate Controller||1.3yrs||no data||0.0028% $30.7k|
|Executive VP & Chief Information Officer||1.7yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Executive VP||2.3yrs||no data||no data|
|Vice President of Global Sales Operations||3.2yrs||US$585.37k||no data|
|Executive VP & GM of Americas||2.7yrs||no data||no data|
Experienced Management: WAIR's management team is considered experienced (2.7 years average tenure).
|CEO & Director||2.8yrs||US$2.35m||0.12% $1.4m|
|Independent Director||14yrs||US$165.00k||0.099% $1.1m|
|Independent Director||12yrs||US$158.00k||0.15% $1.7m|
|Independent Director||14yrs||no data||no data|
|Independent Director||8.3yrs||US$166.00k||0.043% $479.0k|
|Independent Director||7.5yrs||US$170.00k||0.073% $802.6k|
|Independent Director||10yrs||no data||no data|
|Independent Director||5.1yrs||US$158.00k||0.030% $333.8k|
|Independent Director||6.7yrs||US$156.00k||0.037% $408.2k|
Experienced Board: WAIR's board of directors are considered experienced (9.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wesco Aircraft Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Wesco Aircraft Holdings, Inc.
- Ticker: WAIR
- Exchange: NYSE
- Founded: 1953
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$1.104b
- Shares outstanding: 100.03m
- Website: https://www.wescoair.com
Number of Employees
- Wesco Aircraft Holdings, Inc.
- 24911 Avenue Stanford
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WAIR||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jul 2011|
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 or fourth-party logistics program, and point-of-use inventory management. The company supplies approximately 550,000 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; 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 provides a range of tools for installation of various products, including air and hydraulic tools, as well as drill motors; and maintenance and repair services for tools, as well as 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/10 00:07|
|End of Day Share Price||2020/01/08 00:00|
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.