ASLE - AerSale Corporation Stock Price, Fair Value and News

7.76USD-0.01 (-0.13%)Delayed as of 17 May 2024, 11:51 am ET

Market Summary

USD7.76-0.01

Delayedas of 17 May 2024, 11:51 am

-0.13%

ASLE Alerts

Big jump in Earnings (Y/Y)

ASLE Stock Price

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ASLE RSI Chart

ASLE Valuation

Market Cap

422.0M

Price/Earnings (Trailing)

595.14

Price/Sales (Trailing)

1.22

EV/EBITDA

37.9

Price/Free Cashflow

-2.88

ASLE Price/Sales (Trailing)

ASLE Profitability

Operating Margin

27.92%

EBT Margin

-0.55%

Return on Equity

0.16%

Return on Assets

0.12%

Free Cashflow Yield

-34.75%

ASLE Fundamentals

ASLE Revenue

Revenue (TTM)

346.8M

Rev. Growth (Yr)

15.68%

Rev. Growth (Qtr)

-4.11%

ASLE Earnings

Earnings (TTM)

709.0K

Earnings Growth (Yr)

125.4K%

Earnings Growth (Qtr)

329.76%

Breaking Down ASLE Revenue

52 Week Range

7.6316.98

(Low)(High)

Last 7 days

-5.9%

Last 30 days

12.3%

Last 90 days

-20.4%

Trailing 12 Months

-51.2%

How does ASLE drawdown profile look like?

ASLE Financial Health

Current Ratio

7.17

Debt/Equity

0.01

Debt/Cashflow

-37.76

ASLE Investor Care

Shares Dilution (1Y)

1.52%

Diluted EPS (TTM)

-0.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	346.8M	0	0	0
2023	364.0M	293.7M	335.2M	334.5M
2022	404.8M	452.5M	430.2M	408.5M
2021	210.2M	256.8M	273.0M	340.4M
2020	280.4M	256.6M	232.8M	208.9M
2019	297.5M	0	0	304.2M
2018	0	0	0	290.7M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of AerSale Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	fry james	sold (taxes)	-10,628	7.32	-1,452	see remarks
Mar 15, 2024	finazzo nicolas	bought	265,361	7.5222	35,277	see remarks
Mar 15, 2024	fry james	sold (taxes)	-7,660	6.84	-1,120	see remarks
Mar 15, 2024	nichols robert b.	bought	40,205	7.31	5,500	-
Mar 14, 2024	fedder judith ann	bought	20,580	7.35	2,800	-
Mar 13, 2024	finazzo nicolas	bought	5,400	6.75	800	see remarks
Mar 13, 2024	nichols robert b.	bought	20,730	6.91	3,000	-
Mar 12, 2024	finazzo nicolas	bought	174,278	6.9711	25,000	see remarks
Mar 12, 2024	garmendia martin	bought	26,600	6.65	4,000	see remarks
Mar 12, 2024	finazzo nicolas	bought	66,542	6.6542	10,000	see remarks

Which funds bought or sold ASLE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Ghisallo Capital Management LLC	sold off	-100	-875,333	-	-%
May 15, 2024	Centiva Capital, LP	new	-	306,134	306,134	0.01%
May 15, 2024	Numerai GP LLC	new	-	682,208	682,208	0.30%
May 15, 2024	Rokos Capital Management LLP	sold off	-100	-1,586,880	-	-%
May 15, 2024	Walleye Trading LLC	reduced	-21.32	-179,572	143,973	-%
May 15, 2024	Nebula Research & Development LLC	new	-	96,291	96,291	0.02%
May 15, 2024	Walleye Capital LLC	reduced	-86.07	-579,209	49,549	-%
May 15, 2024	Shay Capital LLC	reduced	-10.08	-371,223	384,130	0.06%
May 15, 2024	Meros Investment Management, LP	new	-	1,862,010	1,862,010	0.83%
May 15, 2024	Caption Management, LLC	sold off	-100	-1,167,940	-	-%

Are Funds Buying or Selling ASLE?

Are funds buying ASLE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ASLE

No. of Funds

ASLE Alerts

Big jump in Earnings (Y/Y)

Unveiling AerSale Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 12, 2024	bauer george p	7.5%	3,914,794	SC 13D/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Jan 23, 2024	altravue capital, llc	6.90%	3,539,618	SC 13G/A
Dec 19, 2023	green equity investors cf, l.p.	18.6%	9,569,821	SC 13D/A
Oct 24, 2023	nichols robert b.	7.0%	3,637,483	SC 13D/A
Oct 24, 2023	finazzo nicolas	8.4%	4,356,127	SC 13D/A
Aug 22, 2023	nichols robert b.	6.1%	3,137,483	SC 13D
Aug 22, 2023	finazzo nicolas	6.9%	3,556,127	SC 13D
Jun 06, 2023	green equity investors cf, l.p.	26.5%	13,569,821	SC 13D/A
Jan 19, 2023	altravue capital, llc	6.03%	3,120,765	SC 13G/A

Recent SEC filings of AerSale Corporation

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 23, 2024	ARS	ARS
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	DEFA14A	DEFA14A
Mar 27, 2024	10-K/A	Annual Report
Mar 20, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to AerSale Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	112.3B	76.4B	7.28%	-11.55%	-52.22	1.47	8.37%	47.92%
GD	81.2B	43.1B	3.69%	39.99%	23.98	1.88	8.09%	-0.18%
LHX	42.1B	20.2B	10.84%	19.50%	35.91	2.09	15.66%	26.95%
HWM	33.7B	6.9B	28.98%	84.84%	39.19	4.91	15.47%	76.95%
HEI	29.7B	3.2B	8.20%	20.82%	69.78	9.15	38.68%	18.86%
AXON	21.9B	1.7B	-3.33%	46.85%	83.52	13.03	31.69%	90.90%
HII	10.1B	11.6B	-6.52%	27.64%	14.33	0.87	7.53%	24.12%
MID-CAP
CW	10.6B	2.9B	10.61%	67.29%	28.31	3.62	11.39%	20.50%
BWXT	8.1B	2.5B	-5.33%	32.89%	32	3.2	11.52%	5.39%
AVAV	5.4B	705.8M	28.97%	81.27%	-50.75	7.68	44.89%	-1159.76%
SMALL-CAP
DCO	852.1M	766.6M	8.55%	39.69%	48.56	1.11	4.98%	-32.31%
SPCE	423.7M	8.4M	-0.96%	-77.11%	-0.95	50.48	194.12%	21.45%
ISSC	94.6M	41.0M	-16.77%	-22.82%	14.97	2.31	46.14%	28.25%
CODA	73.6M	642.5K	5.78%	-25.14%	31.25	106.77	-97.11%	-47.43%
ASTC	16.2M	2.0M	-2.36%	-11.20%	-1.47	8.08	456.67%	-18.02%

AerSale Corporation News

Latest updates

AerSale Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																				(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q1	2018Q4
Revenue	-4.1%	90,540	94,422	92,484	69,326	78,271	95,131	50,999	139,608	122,806	116,783	73,298	91,921	58,435	49,382	57,065	45,356	57,135	112,810	168,486	-
Cost Of Revenue	-11.8%	61,744	70,006	69,010	49,186	53,880	60,909	35,510	84,628	76,103	72,596	48,666	61,183	38,600	36,256	30,560	47,484	41,849	-	-	-
Gross Profit	17.9%	28,796	24,416	23,474	20,140	24,391	34,222	15,489	54,980	46,703	44,187	24,632	30,738	19,835	13,126	26,505	-2,128	15,286	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	226	359	287	660	84.00	451*
S&GA Expenses	-5.2%	24,133	25,467	25,403	27,097	25,224	25,096	23,983	23,503	23,766	24,419	22,803	16,966	13,310	15,021	13,377	14,036	13,201	-	-	-
EBITDA Margin	150.3%	0.03*	0.01*	0.05*	0.03*	0.13*	0.17*	0.17*	0.18*	0.17*	0.18*	0.17*	0.27*	-	-	-	-	-	-	-	-
Interest Expenses	-2.1%	925	945	289	145	141	-283	430	285	141	143	144	141	167	106	109	296	344	-	-	-
Income Taxes	-119.2%	-401	2,092	-1,959	-2,357	108	4,109	-1,072	6,337	4,647	2,922	1,129	5,126	2,482	-869	4,476	-2,273	316	3,655	103	-
Earnings Before Taxes	1018.1%	5,876	-640	-2,107	-5,045	113	13,302	-10,085	32,792	21,873	14,107	-507	21,674	12,500	-615	19,195	-10,211	1,375	18,006	459	-451*
EBT Margin	75.9%	-0.01*	-0.02*	0.02*	-0.01*	0.10*	0.14*	0.14*	0.15*	0.14*	0.14*	0.12*	0.21*	-	-	-	-	-	-	-	-
Net Income	329.8%	6,277	-2,732	-148	-2,688	5.00	9,193	-9,013	26,455	17,226	11,185	-1,636	16,548	10,018	254	14,719	-7,938	1,059	14,351	356	-451*
Net Income Margin	112.3%	0.00*	-0.02*	0.02*	-0.01*	0.07*	0.11*	0.11*	0.12*	0.11*	0.11*	0.09*	0.16*	-	-	-	-	-	-	-	-
Free Cashflow	-158.4%	-25,047	-9,692	-41,806	-70,088	-63,923	742	-46,780	-3,948	41,411	52,247	17,529	22,199	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.2%	572	554	554	550	537	532	532	532	532	487	440	421	400	389	389	177	177	344	177	177	176
Current Assets	8.9%	288	265	286	312	326	334	326	340	314	272	200	216	184	179	0.00	0.00	0.00	142	1.00	1.00	1.00
Cash Equivalents	-55.1%	3.00	6.00	3.00	35.00	88.00	147	151	197	172	130	62.00	42.00	20.00	29.00	17.00	37.00	80.00	18.00	1.00	1.00	1.00
Net PPE	9.7%	30.00	28.00	25.00	23.00	13.00	13.00	12.00	10.00	8.00	7.00	-	-	-	8.00	-	-	-	7.00	-	-	-
Goodwill	0%	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	-	-	6.00	14.00	-	-	-
Liabilities	9.9%	120	109	103	102	90.00	87.00	54.00	57.00	73.00	79.00	54.00	42.00	39.00	38.00	-	-	-	50.00	-	-	-
Current Liabilities	-12.0%	40.00	46.00	57.00	63.00	57.00	53.00	45.00	50.00	64.00	68.00	44.00	33.00	31.00	32.00	1.00	1.00	0.00	41.00	0.00	0.00	0.00
Long Term Debt	-51.6%	4.00	7.00	8.00	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Current	-19.2%	1.00	1.00	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00	-	-	-
Shareholder's Equity	1.6%	452	445	451	448	448	445	456	461	430	409	386	378	362	351	302	287	295	294	5.00	5.00	5.00
Retained Earnings	4.7%	140	133	136	136	139	139	130	139	112	95.00	84.00	85.00	69.00	0.00	1.00	1.00	1.00	51.00	1.00	1.00	0.00
Additional Paid-In Capital	0.2%	312	312	315	312	309	306	326	322	318	314	302	293	293	1.00	4.00	4.00	4.00	243	4.00	4.00	5.00
Shares Outstanding	0.1%	53.00	53.00	51.00	51.00	51.00	51.00	52.00	52.00	52.00	43.00	43.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	421	-	-	-	421	-	-	-	104	-	-	-	177	-	-	-	171	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-252.1%	-21,473	-6,099	-38,854	-66,755	-62,442	2,269	-43,586	-1,844	43,048	52,695	17,748	22,597	-13,961	-32,217	-18,340	16,889	21,437	46,714	-557	-517	-183
Share Based Compensation	-74.3%	799	3,112	3,180	3,028	2,731	4,469	4,357	3,917	3,755	3,822	8,749	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	106.3%	226	-3,593	-1,202	4,867	3,019	18,144	-2,276	27,140	-1,637	7,329	2,296	-398	3,977	-4,444	-1,500	2,986	-18,183	111,548	173	412	-174,225
Cashflow From Financing	45.1%	18,011	12,411	8,566	8,837	-70.00	-24,603	-	220	125	8,312	-	-	276	48,608	-	-62,380	58,956	-181,156	-	-	175,645

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ASLE Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 90,540	$ 78,271
Cost of sales and operating expenses:
Total cost of sales	61,744	53,880
Gross profit	28,796	24,391
Selling, general, and administrative expenses	24,133	25,224
Income (loss) from operations	4,663	(833)
Other income (expenses):
Interest (expense) income, net	(935)	1,047
Other income, net	169	233
Change in fair value of warrant liability	1,979	(334)
Total other income	1,213	946
Income before income tax provision	5,876	113
Income tax benefit (expense)	401	(108)
Net income	$ 6,277	$ 5
Earnings per share:
Basic (in dollars per share)	$ 0.12
Diluted (in dollars per share)	$ 0.12
Weighted average shares outstanding:
Basic (in shares)	52,991,506	51,206,226
Diluted (in shares)	53,247,979	52,958,555
Product sales
Revenue:
Total revenue	$ 61,610	$ 45,495
Cost of sales and operating expenses:
Total cost of sales	39,619	31,548
Leasing
Revenue:
Total revenue	3,082	5,622
Cost of sales and operating expenses:
Total cost of sales	1,193	1,123
Services
Revenue:
Total revenue	25,848	27,154
Cost of sales and operating expenses:
Total cost of sales	$ 20,932	$ 21,209

ASLE Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,637	$ 5,873
Accounts receivable, net of allowance for credit losses of $978 as of March 31, 2024 and December 31, 2023	30,057	31,239
Income tax receivable	1,628	1,628
Inventory:
Aircraft, airframes, engines, and parts, net	203,652	177,770
Advance vendor payments	37,560	35,757
Deposits, prepaid expenses, and other current assets	12,840	12,507
Total current assets	288,374	264,774
Fixed assets:
Aircraft and engines held for lease, net	23,262	26,475
Property and equipment, net	30,387	27,692
Inventory:
Aircraft, airframes, engines, and parts, net	147,193	151,398
Operating lease right-of-use assets	26,307	27,519
Deferred income taxes	12,906	12,203
Deferred financing costs, net	1,424	1,506
Deferred customer incentives and other assets, net	525	525
Goodwill	19,860	19,860
Other intangible assets, net	21,456	21,986
Total assets	571,694	553,938
Current liabilities:
Accounts payable	26,278	29,899
Accrued expenses	5,720	5,478
Lessee and customer purchase deposits	805	1,467
Current operating lease liabilities	4,401	4,593
Current portion of long-term debt	1,033	1,278
Deferred revenue	2,009	2,998
Total current liabilities	40,246	45,713
Revolving credit facility	51,969	29,000
Long-term debt	3,527	7,281
Long-term lease deposits	102	102
Long-term operating lease liabilities	23,398	24,377
Maintenance deposit payments and other liabilities	62	64
Warrant liability	407	2,386
Total liabilities	119,711	108,923
Stockholders' equity:
Common stock, $0.0001 par value. Authorized 200,000,000 shares; issued and outstanding 53,009,026 and 52,954,430 shares as of March 31, 2024 and December 31, 2023	5	5
Additional paid-in capital	312,430	311,739
Retained earnings	139,548	133,271
Total stockholders' equity	451,983	445,015
Total liabilities and stockholders' equity	$ 571,694	$ 553,938

About AerSale Corporation

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment also provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.

CEO	Mr. Nicolas Finazzo
WEBSITE	aersale.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	606

AerSale Corporation Frequently Asked Questions

What is the ticker symbol for AerSale Corporation? What does ASLE stand for in stocks?

ASLE is the stock ticker symbol of AerSale Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AerSale Corporation (ASLE)?

As of Thu May 16 2024, market cap of AerSale Corporation is 421.95 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASLE stock?

You can check ASLE's fair value in chart for subscribers.

What is the fair value of ASLE stock?

You can check ASLE's fair value in chart for subscribers. The fair value of AerSale Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AerSale Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASLE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AerSale Corporation a good stock to buy?

The fair value guage provides a quick view whether ASLE is over valued or under valued. Whether AerSale Corporation is cheap or expensive depends on the assumptions which impact AerSale Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASLE.

What is AerSale Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, ASLE's PE ratio (Price to Earnings) is 595.14 and Price to Sales (PS) ratio is 1.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASLE PE ratio will change depending on the future growth rate expectations of investors.