AERCAP HOLDINGS NV (AER)
NL0000687663 - Common Stock
AER gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 51 industry peers in the Trading Companies & Distributors industry. AER has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
Each year in the past 5 years AER had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 4.40%, AER perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
The Return On Equity of AER (18.91%) is comparable to the rest of the industry.
AER has a Return On Invested Capital of 4.64%. This is in the lower half of the industry: AER underperforms 68.63% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AER is significantly below the industry average of 11.67%.
The last Return On Invested Capital (4.64%) for AER is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 18.91% | ||
| ROIC | 4.64% |
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
AER's Profit Margin of 44.23% is amongst the best of the industry. AER outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of AER has grown nicely.
AER's Operating Margin of 47.80% is amongst the best of the industry. AER outperforms 98.04% of its industry peers.
AER's Operating Margin has been stable in the last couple of years.
AER's Gross Margin of 89.33% is amongst the best of the industry. AER outperforms 98.04% of its industry peers.
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 | 47.8% | ||
| PM (TTM) | 44.23% | ||
| GM | 89.33% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AER is destroying value.
AER has less shares outstanding than it did 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.
Looking at the Altman-Z score, with a value of 0.68, AER is doing worse than 90.20% of the companies in the same industry.
A Debt/Equity ratio of 2.80 is on the high side and indicates that AER has dependencies on debt financing.
AER has a Debt to Equity ratio of 2.80. This is in the lower half of the industry: AER underperforms 78.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACC0.92
WACC5.02%
2.3 Liquidity
AER has a Current Ratio of 1.37. This is a normal value and indicates that AER is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.37, AER is doing worse than 70.59% of the companies in the same industry.
AER has a Quick Ratio of 1.36. This is a normal value and indicates that AER is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.36, AER is doing good in the industry, outperforming 62.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
AER shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.84%, which is quite impressive.
Measured over the past years, AER shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.48% on average per year.
AER shows a small growth in Revenue. In the last year, the Revenue has grown by 4.51%.
The Revenue has been growing by 9.05% on average over the past years. This is quite good.
EPS 1Y (TTM)42.84%
EPS 3YN/A
EPS 5Y13.48%
EPS growth Q2Q16.92%
Revenue 1Y (TTM)4.51%
Revenue growth 3Y17.21%
Revenue growth 5Y9.05%
Revenue growth Q2Q5.67%
3.2 Future
AER is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.87% yearly.
AER is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.22% yearly.
EPS Next Y-21.9%
EPS Next 2Y-8.08%
EPS Next 3Y-3.87%
EPS Next 5YN/A
Revenue Next Year0.57%
Revenue Next 2Y1.88%
Revenue Next 3Y1.22%
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
AER is valuated cheaply with a Price/Earnings ratio of 6.41.
Compared to the rest of the industry, the Price/Earnings ratio of AER indicates a rather cheap valuation: AER is cheaper than 96.08% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.05, AER is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.21, the valuation of AER can be described as very reasonable.
AER's Price/Forward Earnings ratio is rather cheap when compared to the industry. AER is cheaper than 98.04% of the companies in the same industry.
AER is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.41 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
AER's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.49 |
4.3 Compensation for Growth
The decent profitability rating of AER may justify a higher PE ratio.
AER's earnings are expected to decrease with -3.87% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y-8.08%
EPS Next 3Y-3.87%
5. Dividend
5.1 Amount
AER does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AERCAP HOLDINGS NV
NYSE:AER (4/15/2024, 7:04:00 PM)
After market: 82.5 0 (0%)82.5
-0.52 (-0.63%)
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 Cap16.71B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | 6.41 | ||
| Fwd PE | 8.21 | ||
| 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)0.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 18.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 47.8% | ||
| PM (TTM) | 44.23% | ||
| GM | 89.33% | ||
| 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 | 2.8 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.36 | ||
| 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)
Growth
EPS 1Y (TTM)42.84%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-21.9%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.51%
Revenue growth 3Y17.21%
Revenue growth 5Y
Revenue growth 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