AERCAP HOLDINGS NV (AER)
NL0000687663 - Common Stock
Overall AER gets a fundamental rating of 4 out of 10. We evaluated AER against 51 industry peers in the Trading Companies & Distributors industry. There are concerns on the financial health of AER while its profitability can be described as average. AER has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AER had positive earnings in the past year.
In the past year AER had a positive cash flow from operations.
In multiple years AER reported negative net income over the last 5 years.
In the past 5 years AER always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 4.65%, AER perfoms like the industry average, outperforming 45.10% of the companies in the same industry.
Looking at the Return On Equity, with a value of 19.51%, AER is in the better half of the industry, outperforming 62.75% of the companies in the same industry.
AER's Return On Invested Capital of 4.92% is on the low side compared to the rest of the industry. AER is outperformed by 68.63% of its industry peers.
AER had an Average Return On Invested Capital over the past 3 years of 4.22%. This is significantly below the industry average of 11.19%.
The last Return On Invested Capital (4.92%) for AER is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.65% | ||
| ROE | 19.51% | ||
| ROIC | 4.92% |
ROA(3y)1.57%
ROA(5y)1.32%
ROE(3y)6.81%
ROE(5y)5.87%
ROIC(3y)4.22%
ROIC(5y)4.72%
1.3 Margins
The Profit Margin of AER (46.06%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of AER has grown nicely.
Looking at the Operating Margin, with a value of 49.11%, AER belongs to the top of the industry, outperforming 98.04% of the companies in the same industry.
AER's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 90.55%, AER belongs to the best of the industry, outperforming 98.04% of the companies in the same industry.
In the last couple of years the Gross Margin of AER has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.11% | ||
| PM (TTM) | 46.06% | ||
| GM | 90.55% |
OM growth 3Y-2.09%
OM growth 5Y0.28%
PM growth 3YN/A
PM growth 5Y14.9%
GM growth 3Y-1.61%
GM growth 5Y-0.21%
2. Health
2.1 Basic Checks
AER has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AER has been reduced compared to 1 year ago.
Compared to 5 years ago, AER has more shares outstanding
AER has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.68, we must say that AER is in the distress zone and has some risk of bankruptcy.
AER's Altman-Z score of 0.68 is on the low side compared to the rest of the industry. AER is outperformed by 92.16% of its industry peers.
AER has a Debt/Equity ratio of 2.70. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of AER (2.70) is worse than 78.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.7 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACC1.04
WACC4.75%
2.3 Liquidity
A Current Ratio of 0.96 indicates that AER may have some problems paying its short term obligations.
AER has a Current ratio of 0.96. This is amonst the worse of the industry: AER underperforms 90.20% of its industry peers.
AER has a Quick Ratio of 0.96. This is a bad value and indicates that AER is not financially healthy enough and could expect problems in meeting its short term obligations.
AER's Quick ratio of 0.96 is on the low side compared to the rest of the industry. AER is outperformed by 62.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
AER shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.54%, which is quite impressive.
AER shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.48% yearly.
Looking at the last year, AER shows a small growth in Revenue. The Revenue has grown by 6.20% in the last year.
AER shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.05% yearly.
EPS 1Y (TTM)51.54%
EPS 3YN/A
EPS 5Y13.48%
EPS Q2Q%40.6%
Revenue 1Y (TTM)6.2%
Revenue growth 3Y17.21%
Revenue growth 5Y9.05%
Sales Q2Q%8.17%
3.2 Future
Based on estimates for the next years, AER will show a decrease in Earnings Per Share. The EPS will decrease by -1.67% on average per year.
Based on estimates for the next years, AER will show a small growth in Revenue. The Revenue will grow by 2.12% on average per year.
EPS Next Y-17.94%
EPS Next 2Y-6.24%
EPS Next 3Y-1.67%
EPS Next 5YN/A
Revenue Next Year1.2%
Revenue Next 2Y2.06%
Revenue Next 3Y2.12%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.57 indicates a rather cheap valuation of AER.
Based on the Price/Earnings ratio, AER is valued cheaply inside the industry as 98.04% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AER to the average of the S&P500 Index (28.66), we can say AER is valued rather cheaply.
A Price/Forward Earnings ratio of 8.03 indicates a reasonable valuation of AER.
Based on the Price/Forward Earnings ratio, AER is valued cheaper than 90.20% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.15. AER is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.57 | ||
| Fwd PE | 8.03 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AER.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.29 |
4.3 Compensation for Growth
The decent profitability rating of AER may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2Y-6.24%
EPS Next 3Y-1.67%
5. Dividend
5.1 Amount
AER has a Yearly Dividend Yield of 1.11%.
AER's Dividend Yield is comparable with the industry average which is at 1.86.
Compared to an average S&P500 Dividend Yield of 2.39, AER's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
AER is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y-6.24%
EPS Next 3Y-1.67%
AERCAP HOLDINGS NV
NYSE:AER (6/17/2024, 7:04:00 PM)
After market: 90.83 0 (0%)90.83
+1.8 (+2.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap18.02B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.57 | ||
| Fwd PE | 8.03 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.65% | ||
| ROE | 19.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 49.11% | ||
| PM (TTM) | 46.06% | ||
| GM | 90.55% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.7 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)51.54%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-17.94%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)6.2%
Revenue growth 3Y17.21%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y