AERSALE CORP (ASLE) Stock Fundamental Analysis
USA - NASDAQ:ASLE - US00810F1066 - Common Stock
7.58 USD
+0.18 (+2.43%)
7.58 USD
0 (0%)
ASLE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 69 industry peers in the Aerospace & Defense industry. While ASLE seems to be doing ok healthwise, there are quite some concerns on its profitability. An interesting combination arises when we look at growth and value: ASLE is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
ASLE had positive earnings in the past year.
In the past year ASLE had a positive cash flow from operations.
ASLE had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: ASLE reported negative operating cash flow in multiple years.
1.2 Ratios
ASLE's Return On Assets of 1.01% is in line compared to the rest of the industry. ASLE outperforms 46.38% of its industry peers.
ASLE has a Return On Equity of 1.56%. This is comparable to the rest of the industry: ASLE outperforms 46.38% of its industry peers.
ASLE's Return On Invested Capital of 1.70% is in line compared to the rest of the industry. ASLE outperforms 43.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | 1.56% | ||
| ROIC | 1.7% |
ROA(3y)2.74%
ROA(5y)3.56%
ROE(3y)3.3%
ROE(5y)4.23%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ASLE has a Profit Margin (1.86%) which is in line with its industry peers.
In the last couple of years the Profit Margin of ASLE has declined.
ASLE has a Operating Margin (3.65%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ASLE has declined.
Looking at the Gross Margin, with a value of 30.44%, ASLE is in the better half of the industry, outperforming 68.12% of the companies in the same industry.
In the last couple of years the Gross Margin of ASLE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.65% | ||
| PM (TTM) | 1.86% | ||
| GM | 30.44% |
OM growth 3Y-38.78%
OM growth 5YN/A
PM growth 3Y-45.72%
PM growth 5YN/A
GM growth 3Y-4.95%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASLE is destroying value.
The number of shares outstanding for ASLE has been increased compared to 1 year ago.
ASLE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ASLE has remained at the same level compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.27 indicates that ASLE is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.27, ASLE is not doing good in the industry: 69.57% of the companies in the same industry are doing better.
The Debt to FCF ratio of ASLE is 9.61, which is on the high side as it means it would take ASLE, 9.61 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ASLE (9.61) is comparable to the rest of the industry.
ASLE has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
ASLE's Debt to Equity ratio of 0.28 is fine compared to the rest of the industry. ASLE outperforms 68.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 9.61 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.17
WACC10.19%
2.3 Liquidity
ASLE has a Current Ratio of 3.87. This indicates that ASLE is financially healthy and has no problem in meeting its short term obligations.
ASLE's Current ratio of 3.87 is amongst the best of the industry. ASLE outperforms 84.06% of its industry peers.
ASLE has a Quick Ratio of 3.87. This is a bad value and indicates that ASLE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.82, ASLE is not doing good in the industry: 76.81% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.87 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
ASLE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 300.00%, which is quite impressive.
ASLE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.36% yearly.
Looking at the last year, ASLE shows a decrease in Revenue. The Revenue has decreased by -1.12% in the last year.
The Revenue has been growing slightly by 0.45% on average over the past years.
EPS 1Y (TTM)300%
EPS 3Y-40.01%
EPS 5Y22.36%
EPS Q2Q%500%
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y0.45%
Revenue growth 5YN/A
Sales Q2Q%39.27%
3.2 Future
Based on estimates for the next years, ASLE will show a very strong growth in Earnings Per Share. The EPS will grow by 87.10% on average per year.
Based on estimates for the next years, ASLE will show a quite strong growth in Revenue. The Revenue will grow by 13.65% on average per year.
EPS Next Y155%
EPS Next 2Y88.94%
EPS Next 3Y87.1%
EPS Next 5YN/A
Revenue Next Year8.81%
Revenue Next 2Y8.48%
Revenue Next 3Y13.65%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 27.07, ASLE can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of ASLE indicates a somewhat cheap valuation: ASLE is cheaper than 76.81% of the companies listed in the same industry.
ASLE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.35.
A Price/Forward Earnings ratio of 11.17 indicates a reasonable valuation of ASLE.
Based on the Price/Forward Earnings ratio, ASLE is valued cheaply inside the industry as 98.55% of the companies are valued more expensively.
ASLE is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 11.17 |
4.2 Price Multiples
89.86% of the companies in the same industry are more expensive than ASLE, based on the Enterprise Value to EBITDA ratio.
85.51% of the companies in the same industry are more expensive than ASLE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.56 | ||
| EV/EBITDA | 14.42 |
4.3 Compensation for Growth
ASLE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ASLE's earnings are expected to grow with 87.10% in the coming years.
PEG (NY)0.17
PEG (5Y)1.21
EPS Next 2Y88.94%
EPS Next 3Y87.1%
5. Dividend
5.1 Amount
No dividends for ASLE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.58
+0.18 (+2.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners53.41%
Inst Owner Change-0.04%
Ins Owners9.54%
Ins Owner Change18.71%
Market Cap357.62M
Analysts45.71
Price Target7.14 (-5.8%)
Short Float %4.1%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)197.96%
Min EPS beat(2)-157.67%
Max EPS beat(2)553.6%
EPS beat(4)1
Avg EPS beat(4)91.87%
Min EPS beat(4)-157.67%
Max EPS beat(4)553.6%
EPS beat(8)2
Avg EPS beat(8)22.76%
EPS beat(12)3
Avg EPS beat(12)-11.28%
EPS beat(16)7
Avg EPS beat(16)29.34%
Revenue beat(2)1
Avg Revenue beat(2)-3.02%
Min Revenue beat(2)-27.97%
Max Revenue beat(2)21.94%
Revenue beat(4)2
Avg Revenue beat(4)-4.37%
Min Revenue beat(4)-27.97%
Max Revenue beat(4)21.94%
Revenue beat(8)3
Avg Revenue beat(8)-11.05%
Revenue beat(12)3
Avg Revenue beat(12)-14.59%
Revenue beat(16)6
Avg Revenue beat(16)-7.59%
PT rev (1m)0%
PT rev (3m)-6.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)45.83%
EPS NY rev (1m)0%
EPS NY rev (3m)295.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.07 | ||
| Fwd PE | 11.17 | ||
| P/S | 1.02 | ||
| P/FCF | 29.56 | ||
| P/OCF | 15.86 | ||
| P/B | 0.86 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 14.42 |
EPS(TTM)0.28
EY3.69%
EPS(NY)0.68
Fwd EY8.95%
FCF(TTM)0.26
FCFY3.38%
OCF(TTM)0.48
OCFY6.3%
SpS7.43
BVpS8.82
TBVpS7.98
PEG (NY)0.17
PEG (5Y)1.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | 1.56% | ||
| ROCE | 2.28% | ||
| ROIC | 1.7% | ||
| ROICexc | 1.72% | ||
| ROICexgc | 1.85% | ||
| OM | 3.65% | ||
| PM (TTM) | 1.86% | ||
| GM | 30.44% | ||
| FCFM | 3.45% |
ROA(3y)2.74%
ROA(5y)3.56%
ROE(3y)3.3%
ROE(5y)4.23%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-51.13%
ROICexcg growth 5YN/A
ROICexc growth 3Y-49.58%
ROICexc growth 5YN/A
OM growth 3Y-38.78%
OM growth 5YN/A
PM growth 3Y-45.72%
PM growth 5YN/A
GM growth 3Y-4.95%
GM growth 5YN/A
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 9.61 | ||
| Debt/EBITDA | 3.62 | ||
| Cap/Depr | 54.75% | ||
| Cap/Sales | 2.98% | ||
| Interest Coverage | 1.92 | ||
| Cash Conversion | 70.72% | ||
| Profit Quality | 185.88% | ||
| Current Ratio | 3.87 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 2.27 |
F-Score6
WACC10.19%
ROIC/WACC0.17
Cap/Depr(3y)91.07%
Cap/Depr(5y)58.73%
Cap/Sales(3y)3.18%
Cap/Sales(5y)2.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)300%
EPS 3Y-40.01%
EPS 5Y22.36%
EPS Q2Q%500%
EPS Next Y155%
EPS Next 2Y88.94%
EPS Next 3Y87.1%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y0.45%
Revenue growth 5YN/A
Sales Q2Q%39.27%
Revenue Next Year8.81%
Revenue Next 2Y8.48%
Revenue Next 3Y13.65%
Revenue Next 5YN/A
EBIT growth 1Y7673.96%
EBIT growth 3Y-38.5%
EBIT growth 5YN/A
EBIT Next Year415%
EBIT Next 3Y99.16%
EBIT Next 5YN/A
FCF growth 1Y106.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y113.22%
OCF growth 3Y-47.9%
OCF growth 5YN/A