AERCAP HOLDINGS NV (AER)
NL0000687663 - Common Stock
Taking everything into account, AER scores 4 out of 10 in our fundamental rating. AER was compared to 48 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 is not valued too expensively and it also shows a decent 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.
AER had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.43%, AER is in line with its industry, outperforming 45.83% of the companies in the same industry.
AER has a Return On Equity (15.12%) which is comparable to the rest of the industry.
AER has a Return On Invested Capital of 4.73%. This is in the lower half of the industry: AER underperforms 68.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AER is significantly below the industry average of 9.72%.
The last Return On Invested Capital (4.73%) for AER is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 15.12% | ||
| ROIC | 4.73% |
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 has a Profit Margin of 34.52%. This is amongst the best in the industry. AER outperforms 100.00% of its industry peers.
AER's Profit Margin has improved in the last couple of years.
The Operating Margin of AER (48.57%) is better than 97.92% of its industry peers.
AER's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 90.03%, AER belongs to the top of the industry, outperforming 97.92% of the companies in the same industry.
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 | 48.57% | ||
| PM (TTM) | 34.52% | ||
| GM | 90.03% |
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) just above the Cost of Capital (WACC), AER is creating some value.
AER has less shares outstanding than it did 1 year ago.
AER has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AER has been reduced compared to a year ago.
2.2 Solvency
AER has an Altman-Z score of 0.74. This is a bad value and indicates that AER is not financially healthy and even has some risk of bankruptcy.
AER's Altman-Z score of 0.74 is on the low side compared to the rest of the industry. AER is outperformed by 91.67% of its industry peers.
A Debt/Equity ratio of 2.89 is on the high side and indicates that AER has dependencies on debt financing.
AER has a worse Debt to Equity ratio (2.89) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.89 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.74 |
ROIC/WACC1.08
WACC4.37%
2.3 Liquidity
A Current Ratio of 1.71 indicates that AER should not have too much problems paying its short term obligations.
AER has a Current ratio of 1.71. This is in the lower half of the industry: AER underperforms 62.50% of its industry peers.
A Quick Ratio of 1.69 indicates that AER should not have too much problems paying its short term obligations.
The Quick ratio of AER (1.69) is better than 77.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
The earnings per share for AER have decreased by -4.83% in the last year.
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.
The Revenue has been growing slightly by 4.91% in the past year.
AER shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.05% yearly.
EPS 1Y (TTM)-4.83%
EPS 3YN/A
EPS 5Y13.48%
EPS Q2Q%-50.41%
Revenue 1Y (TTM)4.91%
Revenue growth 3Y17.21%
Revenue growth 5Y9.05%
Sales Q2Q%2.98%
3.2 Future
Based on estimates for the next years, AER will show a small growth in Earnings Per Share. The EPS will grow by 0.86% on average per year.
The Revenue is expected to grow by 2.37% on average over the next years.
EPS Next Y-11.61%
EPS Next 2Y-2.53%
EPS Next 3Y0.86%
EPS Next 5YN/A
Revenue Next Year3%
Revenue Next 2Y2.73%
Revenue Next 3Y2.37%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.09 indicates a reasonable valuation of AER.
95.83% of the companies in the same industry are more expensive than AER, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.54. AER is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.82, which indicates a rather cheap valuation of AER.
91.67% of the companies in the same industry are more expensive than AER, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AER to the average of the S&P500 Index (23.99), we can say AER is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.09 | ||
| Fwd PE | 7.82 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AER.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.26 |
4.3 Compensation for Growth
The decent profitability rating of AER may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.6
EPS Next 2Y-2.53%
EPS Next 3Y0.86%
5. Dividend
5.1 Amount
AER has a Yearly Dividend Yield of 1.07%.
Compared to an average industry Dividend Yield of 1.86, AER pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, AER's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
AER does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y-2.53%
EPS Next 3Y0.86%
AERCAP HOLDINGS NV
NYSE:AER (12/24/2024, 5:04:00 PM)
95.67
+0.62 (+0.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners94.77%
Inst Owner Change-7.89%
Ins Owners3.3%
Ins Owner Change0%
Market Cap18.15B
Analysts82.67
Price Target115.37 (20.59%)
Short Float %1.15%
Short Ratio2.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.48%
Min EPS beat(2)-0.94%
Max EPS beat(2)25.91%
EPS beat(4)3
Avg EPS beat(4)21.41%
Min EPS beat(4)-0.94%
Max EPS beat(4)35.2%
EPS beat(8)7
Avg EPS beat(8)28.91%
EPS beat(12)10
Avg EPS beat(12)24.99%
EPS beat(16)13
Avg EPS beat(16)26.48%
Revenue beat(2)2
Avg Revenue beat(2)1.58%
Min Revenue beat(2)0.52%
Max Revenue beat(2)2.63%
Revenue beat(4)3
Avg Revenue beat(4)0.97%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)3.17%
Revenue beat(8)5
Avg Revenue beat(8)1.15%
Revenue beat(12)6
Avg Revenue beat(12)0.22%
Revenue beat(16)9
Avg Revenue beat(16)2.63%
PT rev (1m)5.46%
PT rev (3m)5.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.23%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.92%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.09 | ||
| Fwd PE | 7.82 | ||
| P/S | 2.47 | ||
| P/FCF | N/A | ||
| P/OCF | 3.27 | ||
| P/B | 1.08 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 10.26 |
EPS(TTM)11.82
EY12.35%
EPS(NY)12.23
Fwd EY12.78%
FCF(TTM)-5.36
FCFYN/A
OCF(TTM)29.26
OCFY30.59%
SpS38.67
BVpS88.3
TBVpS75.5
PEG (NY)N/A
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.43% | ||
| ROE | 15.12% | ||
| ROCE | 5.19% | ||
| ROIC | 4.73% | ||
| ROICexc | 5% | ||
| ROICexgc | 5.21% | ||
| OM | 48.57% | ||
| PM (TTM) | 34.52% | ||
| GM | 90.03% | ||
| FCFM | N/A |
ROA(3y)1.57%
ROA(5y)1.32%
ROE(3y)6.81%
ROE(5y)5.87%
ROIC(3y)4.22%
ROIC(5y)4.72%
ROICexc(3y)4.33%
ROICexc(5y)4.85%
ROICexgc(3y)4.61%
ROICexgc(5y)5.09%
ROCE(3y)4.64%
ROCE(5y)5.18%
ROICexcg growth 3Y-3.38%
ROICexcg growth 5Y-3.79%
ROICexc growth 3Y-4.07%
ROICexc growth 5Y-3.72%
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%
F-Score8
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.89 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.9 | ||
| Cap/Depr | 257.16% | ||
| Cap/Sales | 89.52% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 90.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 0.74 |
F-Score8
WACC4.37%
ROIC/WACC1.08
Cap/Depr(3y)172.08%
Cap/Depr(5y)174.06%
Cap/Sales(3y)59.94%
Cap/Sales(5y)61.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.83%
EPS 3YN/A
EPS 5Y13.48%
EPS Q2Q%-50.41%
EPS Next Y-11.61%
EPS Next 2Y-2.53%
EPS Next 3Y0.86%
EPS Next 5YN/A
Revenue 1Y (TTM)4.91%
Revenue growth 3Y17.21%
Revenue growth 5Y9.05%
Sales Q2Q%2.98%
Revenue Next Year3%
Revenue Next 2Y2.73%
Revenue Next 3Y2.37%
Revenue Next 5YN/A
EBIT growth 1Y10.17%
EBIT growth 3Y14.75%
EBIT growth 5Y9.35%
EBIT Next Year61.39%
EBIT Next 3Y20.49%
EBIT Next 5YN/A
FCF growth 1Y-170.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.68%
OCF growth 3Y35.17%
OCF growth 5Y13.12%