Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for prime defense contractors in the aerospace industry in the United States. More Details
+ 1 more risk
Reasonable growth potential and fair value.
Share Price & News
How has Air Industries Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AIRI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: AIRI's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: AIRI underperformed the US Aerospace & Defense industry which returned 31.2% over the past year.
Return vs Market: AIRI underperformed the US Market which returned 48.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Air Industries Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAir Industries Group's (NYSEMKT:AIRI) Solid Earnings May Rest On Weak Foundations
1 month ago | Simply Wall StAir Industries Group (NYSEMKT:AIRI) Has Debt But No Earnings; Should You Worry?
2 months ago | Simply Wall StIf You Had Bought Air Industries Group's (NYSEMKT:AIRI) Shares Five Years Ago You Would Be Down 69%
Is Air Industries Group 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: Insufficient data to calculate AIRI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AIRI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AIRI is good value based on its PE Ratio (27.1x) compared to the US Aerospace & Defense industry average (29.7x).
PE vs Market: AIRI is poor value based on its PE Ratio (27.1x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: AIRI is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: AIRI is good value based on its PB Ratio (2.5x) compared to the US Aerospace & Defense industry average (2.6x).
How is Air Industries Group 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: AIRI's forecast earnings growth (52.8% per year) is above the savings rate (2%).
Earnings vs Market: AIRI's earnings (52.8% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AIRI's revenue (14.2% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: AIRI's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AIRI's Return on Equity is forecast to be high in 3 years time
How has Air Industries Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIRI has a large one-off gain of $2.5M impacting its March 31 2021 financial results.
Growing Profit Margin: AIRI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AIRI has become profitable over the past 5 years, growing earnings by 23.7% per year.
Accelerating Growth: AIRI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AIRI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-6.2%).
Return on Equity
High ROE: AIRI's Return on Equity (8.8%) is considered low.
How is Air Industries Group's financial position?
Financial Position Analysis
Short Term Liabilities: AIRI's short term assets ($43.6M) exceed its short term liabilities ($27.3M).
Long Term Liabilities: AIRI's short term assets ($43.6M) exceed its long term liabilities ($15.3M).
Debt to Equity History and Analysis
Debt Level: AIRI's debt to equity ratio (180.5%) is considered high.
Reducing Debt: AIRI's debt to equity ratio has increased from 138.5% to 180.5% over the past 5 years.
Debt Coverage: AIRI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AIRI's interest payments on its debt are well covered by EBIT.
What is Air Industries Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AIRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AIRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AIRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AIRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AIRI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AIRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lou Melluzzo (56 yo)
Mr. Luciano M. Melluzzo, also known as Lou, has been the President and Chief Executive Officer at Air Industries Group since November 15, 2017. From November 2003 to September 2011, Mr. Melluzzo was employ...
CEO Compensation Analysis
Compensation vs Market: Lou's total compensation ($USD545.41K) is about average for companies of similar size in the US market ($USD535.28K).
Compensation vs Earnings: Lou's compensation has been consistent with company performance over the past year.
Experienced Board: AIRI's board of directors are seasoned and experienced ( 12.6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.
Air Industries Group's company bio, employee growth, exchange listings and data sources
- Name: Air Industries Group
- Ticker: AIRI
- Exchange: NYSEAM
- Founded: 1979
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$37.484m
- Shares outstanding: 32.04m
- Website: https://www.airindustriesgroup.com
Number of Employees
- Air Industries Group
- 1460 Fifth Avenue
- Bay Shore
- New York
- United States
Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for prime defense contractors in the aerospace industry in the United States. The co...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 03:20|
|End of Day Share Price||2021/05/11 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.