Aircastle Ltd

Find Ratings Reports
AYR : NYSE : Services
$21.56 -0.67 | -3.01%
Today's Range: 21.54 - 22.15
Avg. Daily Volume: 288800.0
01/17/17 - 4:02 PM ET

Financial Analysis


AIRCASTLE LTD's gross profit margin for the third quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. Even though sales decreased, the net income has increased, representing an increase to the bottom line.

At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 1.40% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q3 FY16 Q3 FY15
Net Sales ($mil)193.64203.52
EBITDA ($mil)175.82186.97
EBIT ($mil)99.62101.64
Net Income ($mil)27.44-13.99


Balance Sheet Q3 FY16 Q3 FY15
Cash & Equiv. ($mil)710.25298.3
Total Assets ($mil)7182.866488.4
Total Debt ($mil)4547.734060.22
Equity ($mil)1785.11760.41


Profitability Q3 FY16 Q3 FY15
Gross Profit Margin90.891.87
EBITDA Margin90.7991.86
Operating Margin51.4549.94
Sales Turnover0.110.13
Return on Assets1.872.21
Return on Equity7.528.17
Debt Q3 FY16 Q3 FY15
Current Ratio0.00.0
Debt/Capital0.720.7
Interest Expense62.3960.4
Interest Coverage1.61.68


Share Data Q3 FY16 Q3 FY15
Shares outstanding (mil)78.6381.18
Div / share0.240.22
EPS0.35-0.17
Book value / share22.721.69
Institutional Own % n/a n/a
Avg Daily Volume289166.0321221.0

Valuation


BUY. AIRCASTLE LTD's P/E ratio indicates a significant discount compared to an average of 24.39 for the Trading Companies & Distributors industry and a significant discount compared to the S&P 500 average of 25.49. For additional comparison, its price-to-book ratio of 0.98 indicates a significant discount versus the S&P 500 average of 2.84 and a significant discount versus the industry average of 4.66. The price-to-sales ratio is above the S&P 500 average and well above the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, AIRCASTLE LTD proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
AYR 13.12 Peers 24.39   AYR 3.58 Peers 17.66

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

AYR is trading at a significant discount to its peers.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

AYR is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
AYR 9.97 Peers 45.50   AYR 0.73 Peers 2.66

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

AYR is trading at a significant discount to its peers.

 

Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

AYR trades at a significant discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
AYR 0.98 Peers 4.66   AYR -4.52 Peers 24.84

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

AYR is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, AYR is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
AYR 2.27 Peers 1.59   AYR -8.03 Peers 5.26

Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

AYR is trading at a significant premium to its industry.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

AYR significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades