ASLE - AerSale Corporation Stock Price, Fair Value and News

6.44USD+0.01 (+0.16%)Market Closed

Market Summary

USD6.44+0.01

Market Closed

0.16%

ASLE Alerts

1 major insider buys recently.

ASLE Stock Price

View Fullscreen

ASLE RSI Chart

ASLE Valuation

Market Cap

346.3M

Price/Earnings (Trailing)

-62.24

Price/Sales (Trailing)

1.04

EV/EBITDA

80.85

Price/Free Cashflow

-1.87

ASLE Price/Sales (Trailing)

ASLE Profitability

Operating Margin

27.63%

EBT Margin

-2.30%

Return on Equity

-1.25%

Return on Assets

-1%

Free Cashflow Yield

-53.58%

ASLE Fundamentals

ASLE Revenue

Revenue (TTM)

334.5M

Rev. Growth (Yr)

-0.75%

Rev. Growth (Qtr)

2.1%

ASLE Earnings

Earnings (TTM)

-5.6M

Earnings Growth (Yr)

-129.72%

Earnings Growth (Qtr)

-1.7K%

Breaking Down ASLE Revenue

Last 7 days

-7.0%

Last 30 days

-12.9%

Last 90 days

-33.6%

Trailing 12 Months

-63.5%

How does ASLE drawdown profile look like?

ASLE Financial Health

Current Ratio

5.79

Debt/Equity

0.02

Debt/Cashflow

-23.92

ASLE Investor Care

Shares Dilution (1Y)

1.52%

Diluted EPS (TTM)

-0.16

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
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

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
Apr 23, 2024	ARCADIA INVESTMENT MANAGEMENT CORP/MI	sold off	-100	-16,790	-	-%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	sold off	-100	-1,859,820	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-64.38	-22,000	5,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-30,628	173,198	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	4.14	-378,298	542,090	-%
Apr 19, 2024	BOURGEON CAPITAL MANAGEMENT LLC	added	83.86	80,449	2,098,650	0.41%
Apr 19, 2024	Riverwater Partners LLC	sold off	-100	-286,755	-	-%
Apr 19, 2024	Cutler Group LLC / CA	sold off	-100	-3,000	-	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	new	-	-	-	-%
Apr 18, 2024	BKM Wealth Management, LLC	sold off	-100	-3,364	-	-%

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

1 major insider buys recently.

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
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	4	Insider Trading
Mar 15, 2024	144	Notice of Insider Sale Intent
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	103.2B	77.8B	-10.47%	-17.83%	-46.43	1.33	16.79%	54.97%
GD	80.2B	42.3B	4.10%	30.37%	24.19	1.9	7.27%	-2.21%
LHX	39.5B	19.4B	-2.03%	2.72%	32.17	2.03	13.81%	15.54%
HEI	28.3B	3.2B	5.92%	20.11%	66.59	8.73	38.68%	18.86%
HWM	26.6B	6.6B	-4.88%	49.71%	34.74	4	17.25%	63.11%
AXON	22.7B	1.6B	-4.63%	34.38%	130.39	14.53	31.38%	18.41%
HII	10.9B	11.5B	-6.22%	31.07%	15.95	0.95	7.29%	17.62%
MID-CAP
CW	9.7B	2.8B	1.38%	45.37%	27.31	3.4	11.28%	20.44%
BWXT	8.6B	2.5B	-8.61%	45.99%	34.8	3.43	11.80%	3.22%
AVAV	4.5B	705.8M	6.31%	55.70%	-41.68	6.31	44.89%	-1159.76%
SMALL-CAP
DCO	791.4M	757.0M	7.87%	4.42%	49.68	1.05	6.24%	-44.67%
SPCE	368.0M	6.8M	-33.33%	-73.26%	-0.73	54.12	194.12%	-0.44%
ISSC	112.6M	37.6M	-13.07%	-3.73%	17.63	3	36.42%	25.49%
CODA	73.3M	642.5K	13.99%	-19.80%	31.11	106.77	-97.11%	-47.43%
ASTC	16.0M	2.0M	7.94%	-12.83%	-1.56	8.03	371.33%	-13.01%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q1	2018Q4
Revenue	2.1%	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	1.4%	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	4.0%	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	0.3%	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	-73.9%	0.01*	0.05*	0.03*	0.13*	0.17*	0.17*	0.18*	0.17*	0.18*	0.17*	0.27*	0.20*	-	-	-	-	-	-	-
Interest Expenses	227.0%	945	289	145	141	-283	430	285	141	143	144	141	167	106	109	296	344	-	-	-
Income Taxes	206.8%	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	69.6%	-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	-222.9%	-0.02*	0.02*	-0.01*	0.10*	0.14*	0.14*	0.15*	0.14*	0.14*	0.12*	0.21*	0.10*	-	-	-	-	-	-	-
Net Income	-1745.9%	-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	-187.6%	-0.02*	0.02*	-0.01*	0.07*	0.11*	0.11*	0.12*	0.11*	0.11*	0.09*	0.16*	0.08*	-	-	-	-	-	-	-
Free Cashflow	76.8%	-9,692	-41,806	-70,088	-63,923	742	-46,780	-3,948	41,411	52,247	17,529	22,199	-14,404	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.0%	554	554	550	537	532	532	532	532	487	440	421	400	389	389	177	177	344	177	177	176	-
Current Assets	-7.5%	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	0.00
Cash Equivalents	86.2%	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	22.00
Net PPE	10.4%	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	-	-	6.00	14.00	-	-	-	0.00
Liabilities	6.1%	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	-19.7%	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	0.00
Long Term Debt	-8.1%	7.00	8.00	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Current	102.2%	1.00	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00	-	-	-	-
Shareholder's Equity	-1.4%	445	451	448	448	445	456	461	430	409	386	378	362	351	302	287	295	294	5.00	5.00	5.00	278
Retained Earnings	-2.0%	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	-451*
Additional Paid-In Capital	-1.1%	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	0.00
Shares Outstanding	3.2%	53.00	51.00	51.00	51.00	51.00	52.00	52.00	52.00	43.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	84.3%	-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	-2.1%	3,112	3,180	3,028	2,731	4,469	4,357	3,917	3,755	3,822	8,749	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-198.9%	-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	44.9%	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	41.00

ASLE Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue	$ 334,503	$ 408,544	$ 340,437
Cost of sales and operating expenses:
Total cost of sales	242,082	257,150	221,045
Gross profit	92,421	151,394	119,392
Selling, general, and administrative expenses	103,191	96,348	77,498
Payroll support program proceeds			(14,768)
(Loss) income from operations	(10,770)	55,046	56,662
Other income (expenses):
Interest income (expense), net	155	1,093	(980)
Other income, net	666	2,268	458
Unrealized loss on investment			(5,421)
Change in fair value of warrant liability	2,270	(525)	(2,945)
Total other income (expenses)	3,091	2,836	(8,888)
(Loss) income before income tax provision	(7,679)	57,882	47,774
Income tax benefit (expense)	2,116	(14,021)	(11,659)
Net (loss) income	(5,563)	43,861	36,115
Net income (loss) attributable to AerSale Corporation common stockholders	$ (7,833)	$ 43,861	$ 36,115
(Loss) earnings per share:
Basic (in dollars per share)	$ (0.11)	$ 0.85	$ 0.84
Diluted (in dollars per share)	$ (0.15)	$ 0.83	$ 0.76
Weighted average shares outstanding:
Basic (in shares)	51,291,424	51,568,436	43,193,995
Diluted (in shares)	51,457,821	53,145,639	47,310,100
Products
Revenue:
Total revenue	$ 217,455	$ 284,554	$ 209,881
Cost of sales and operating expenses:
Total cost of sales	155,376	176,074	139,475
Leasing
Revenue:
Total revenue	14,513	28,732	30,657
Cost of sales and operating expenses:
Total cost of sales	4,599	6,929	9,804
Services
Revenue:
Total revenue	102,535	95,258	99,899
Cost of sales and operating expenses:
Total cost of sales	$ 82,107	$ 74,147	$ 71,766

ASLE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,873	$ 147,188
Accounts receivable, net of allowance for credit losses of $978 and $1,074 as of December 31, 2023 and December 31, 2022	31,239	28,273
Income tax receivable	1,628
Inventory:
Aircraft, airframes, engines, and parts, net	177,770	117,488
Advance vendor payments	28,638	27,585
Deposits, prepaid expenses, and other current assets	19,626	13,022
Total current assets	264,774	333,556
Fixed assets:
Aircraft and engines held for lease, net	26,475	31,288
Property and equipment, net	27,692	12,638
Inventory:
Aircraft, airframes, engines, and parts, net	151,398	66,042
Operating lease right-of-use assets	27,519	31,624
Deferred income taxes	12,203	11,287
Deferred financing costs, net	1,506	544
Deferred customer incentives and other assets, net	525	628
Goodwill	19,860	19,860
Other intangible assets, net	21,986	24,112
Total assets	553,938	531,579
Current liabilities:
Accounts payable	29,899	21,131
Accrued expenses	5,478	8,843
Lessee and customer purchase deposits	1,467	17,085
Current operating lease liabilities	4,593	4,426
Current portion of long-term debt	1,278
Deferred revenue	2,998	1,355
Total current liabilities	45,713	52,840
Revolving credit facility	29,000
Long-term debt	7,281
Long-term lease deposits	102	152
Long-term operating lease liabilities	24,377	28,283
Maintenance deposit payments and other liabilities	64	668
Warrant liability	2,386	4,656
Total liabilities	108,923	86,599
Stockholders' equity:
Common stock, $0.0001 par value. Authorized 200,000,000 shares; issued and outstanding 52,954,430 and 51,189,461 shares as of December 31, 2023 and December 31, 2022	5	5
Additional paid-in capital	311,739	306,141
Retained earnings	133,271	138,834
Total stockholders' equity	445,015	444,980
Total liabilities and stockholders' equity	$ 553,938	$ 531,579

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 Tue Apr 23 2024, market cap of AerSale Corporation is 346.26 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 Tue Apr 23 2024, ASLE's PE ratio (Price to Earnings) is -62.24 and Price to Sales (PS) ratio is 1.04. 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.