(ASLE) AerSale - Overview
Sector: Industrials | Industry: Airports & Air Services | Exchange: NASDAQ (USA) | Market Cap: 295m USD | Total Return: 10.4% in 12m
Avg Turnover: 2.29M
EPS Trend: 22.3%
Qual. Beats: 0
Rev. Trend: 36.7%
Qual. Beats: -1
Warnings
High Debt while negative Cash Flow
Tailwinds
No distinct edge detected
AerSale Corporation (NASDAQ: ASLE) is an integrated aftermarket provider for the commercial and defense aviation sectors. The company operates through two primary segments: Asset Management Solutions, which handles the acquisition, leasing, and disassembly of aircraft and engines, and Technical Operations (TechOps), which focuses on maintenance, repair, and overhaul (MRO) services alongside specialized engineering solutions.
The business model relies on a whole-asset lifecycle strategy, extracting value from mid-life aircraft through continued operation, leasing, or parts harvesting. In the aerospace industry, this vertical integration allows firms to mitigate supply chain volatility by maintaining an internal inventory of flight-ready components and engines. The TechOps segment further diversifies revenue via high-margin proprietary modifications, such as cargo conversions and engineered safety systems.
Investors may find it useful to examine the companys valuation metrics on ValueRay to better understand its market position. Headquartered in Doral, Florida, AerSale serves a global client base including passenger airlines, cargo carriers, and government contractors.
- Aerobatic flight vision system FAA certification and commercial adoption
- USM parts availability and feedstock acquisition costs impact margins
- TechOps segment revenue growth from heavy maintenance and cargo conversions
- Asset Management segment profitability tied to aircraft and engine sales volume
| Net Income: 11.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 3.51 > 1.0 |
| NWC/Revenue: 60.76% < 20% (prev 80.15%; Δ -19.39% < -1%) |
| CFO/TA -0.01 > 3% & CFO -4.41m > Net Income 11.9m |
| Net Debt (173.1m) to EBITDA (40.2m): 4.31 < 3 |
| Current Ratio: 3.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (47.2m) vs 12m ago -9.74% < -2% |
| Gross Margin: 31.37% > 18% (prev 0.29%; Δ 3.11k% > 0.5%) |
| Asset Turnover: 51.76% > 50% (prev 49.58%; Δ 2.19% > 0%) |
| Interest Coverage Ratio: 2.06 > 6 (EBITDA TTM 40.2m / Interest Expense TTM 9.28m) |
| A: 0.31 (Total Current Assets 282.0m - Total Current Liabilities 75.3m) / Total Assets 668.1m |
| B: 0.22 (Retained Earnings 144.2m / Total Assets 668.1m) |
| C: 0.03 (EBIT TTM 19.1m / Avg Total Assets 657.1m) |
| D: 0.59 (Book Value of Equity 144.3m / Total Liabilities 245.3m) |
| Altman-Z'' = 3.55 = A |
| DSRI: 1.05 (Receivables 47.1m/42.1m, Revenue 340.1m/320.3m) |
| GMI: 0.93 (GM 31.37% / 29.07%) |
| AQI: 1.77 (AQ_t 0.49 / AQ_t-1 0.28) |
| SGI: 1.06 (Revenue 340.1m / 320.3m) |
| TATA: 0.02 (NI 11.9m - CFO -4.41m) / TA 668.1m) |
| Beneish M = -2.52 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 6.59 with a total of 238,856 shares traded.
Over the past week, the price has changed by +7.15%,
over one month by -0.60%,
over three months by -15.51% and
over the past year by +10.39%.
AerSale has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy ASLE.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 8 | 21.4% |
P/E Trailing = 29.7143
P/E Forward = 7.7042
P/S = 0.8669
P/B = 0.6974
Revenue TTM = 340.1m USD
EBIT TTM = 19.1m USD
EBITDA TTM = 40.2m USD
Long Term Debt = 138.8m USD (from longTermDebt, last quarter)
Short Term Debt = 5.11m USD (from shortTermDebt, last quarter)
Debt = 175.2m USD (corrected: LT Debt 138.8m + ST Debt 5.11m) + Leases 31.3m
Net Debt = 173.1m USD (calculated: Debt 175.2m - CCE 2.08m)
Enterprise Value = 468.0m USD (294.9m + Debt 175.2m - CCE 2.08m)
Interest Coverage Ratio = 2.06 (Ebit TTM 19.1m / Interest Expense TTM 9.28m)
EV/FCF = -34.08x (Enterprise Value 468.0m / FCF TTM -13.7m)
FCF Yield = -2.93% (FCF TTM -13.7m / Enterprise Value 468.0m)
FCF Margin = -4.04% (FCF TTM -13.7m / Revenue TTM 340.1m)
Net Margin = 3.49% (Net Income TTM 11.9m / Revenue TTM 340.1m)
Gross Margin = 31.37% ((Revenue TTM 340.1m - Cost of Revenue TTM 233.4m) / Revenue TTM)
Gross Margin QoQ = 26.74% (prev 34.07%)
Tobins Q-Ratio = 0.70 (Enterprise Value 468.0m / Total Assets 668.1m)
Interest Expense / Debt = 5.30% (Interest Expense 9.28m / Debt 175.2m)
Taxrate = 18.54% (1.95m / 10.5m)
NOPAT = 15.6m (EBIT 19.1m * (1 - 18.54%))
Current Ratio = 3.74 (Total Current Assets 282.0m / Total Current Liabilities 75.3m)
Debt / Equity = 0.41 (Debt 175.2m / totalStockholderEquity, last quarter 422.8m)
Debt / EBITDA = 4.31 (Net Debt 173.1m / EBITDA 40.2m)
Debt / FCF = -12.61 (negative FCF - burning cash) (Net Debt 173.1m / FCF TTM -13.7m)
Total Stockholder Equity = 420.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.81% (Net Income 11.9m / Total Assets 668.1m)
RoE = 2.83% (Net Income TTM 11.9m / Total Stockholder Equity 420.1m)
RoCE = 3.42% (EBIT 19.1m / Capital Employed (Equity 420.1m + L.T.Debt 138.8m))
RoIC = 2.61% (NOPAT 15.6m / Invested Capital 595.7m)
WACC = 6.80% (E(294.9m)/V(470.1m) * Re(8.28%) + D(175.2m)/V(470.1m) * Rd(5.30%) * (1-Tc(0.19)))
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -33.33 | Cagr: -3.80%
[DCF] Fair Price = unknown (Cash Flow -13.7m)
EPS Correlation: 22.27 | EPS CAGR: 21.66% | SUE: -0.50 | # QB: 0
Revenue Correlation: 36.73 | Revenue CAGR: 2.06% | SUE: -1.09 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.23 | Chg30d=+15.00% | Revisions=+33% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.27 | Chg30d=+38.46% | Revisions=+33% | Analysts=1
EPS current Year (2026-12-31): EPS=0.81 | Chg30d=+21.80% | Revisions=+33% | GrowthEPS=+145.4% | GrowthRev=+34.5%
EPS next Year (2027-12-31): EPS=1.14 | Chg30d=+25.97% | Revisions=-33% | GrowthEPS=+40.7% | GrowthRev=+7.8%