FTAI AVIATION LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 79.11 USD | +0.52% |
|
+1.01% | +70.50% |
| May. 03 | RBC Capital Starts FTAI Aviation With Outperform Rating, $85 Price Target | MT |
| May. 01 | Morgan Stanley Raises Price Target on FTAI Aviation to $85 From $70, Keeps Overweight Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,659 | 2,009 | 2,868 | 1,701 | 4,651 | 7,930 | - | - |
| Enterprise Value (EV) 1 | 2,853 | 2,009 | 2,868 | 3,844 | 7,078 | 10,235 | 10,579 | 10,684 |
| P/E ratio | 7.54 x | -19.2 x | -20.2 x | -7.71 x | 22 x | 41.3 x | 26.7 x | 19.9 x |
| Yield | 6.76% | 5.63% | 4.56% | 7.36% | 2.59% | 1.52% | 1.52% | 1.52% |
| Capitalization / Revenue | 2.87 x | 5.48 x | 6.29 x | 2.4 x | 3.97 x | 5.58 x | 4.91 x | 4.21 x |
| EV / Revenue | 4.93 x | 5.48 x | 6.29 x | 5.43 x | 6.04 x | 7.2 x | 6.54 x | 5.67 x |
| EV / EBITDA | 5.67 x | 8.26 x | 8.53 x | 8.98 x | 11.8 x | 14.2 x | 12.8 x | 11.2 x |
| EV / FCF | -3.81 x | -9.96 x | -3.75 x | -23.3 x | -47.5 x | 2,110 x | 44.3 x | 32.5 x |
| FCF Yield | -26.2% | -10% | -26.7% | -4.29% | -2.11% | 0.05% | 2.26% | 3.08% |
| Price to Book | 1.27 x | 1.87 x | 2.55 x | 90.4 x | 26.5 x | 30.2 x | 18.4 x | 11.2 x |
| Nbr of stocks (in thousands) | 84,903 | 85,617 | 99,180 | 99,379 | 100,238 | 100,246 | - | - |
| Reference price 2 | 19.54 | 23.46 | 28.92 | 17.12 | 46.40 | 79.11 | 79.11 | 79.11 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 578.8 | 366.5 | 455.8 | 708.4 | 1,171 | 1,421 | 1,616 | 1,885 |
| EBITDA 1 | 503.4 | 243.3 | 336.3 | 428.1 | 597.3 | 720.9 | 824.2 | 957.6 |
| EBIT 1 | 65.22 | 47.91 | 25.91 | 143.9 | 339.7 | 397.4 | 489 | 586.5 |
| Operating Margin | 11.27% | 13.07% | 5.68% | 20.31% | 29.01% | 27.97% | 30.25% | 31.12% |
| Earnings before Tax (EBT) 1 | 152.1 | -110.9 | -131.8 | -105.3 | 184 | 253.3 | 368.5 | 491.3 |
| Net income 1 | 223.3 | -105 | -129 | -220.4 | 212 | 193.5 | 300.4 | 401.7 |
| Net margin | 38.58% | -28.66% | -28.3% | -31.11% | 18.11% | 13.62% | 18.59% | 21.31% |
| EPS 2 | 2.590 | -1.220 | -1.430 | -2.220 | 2.110 | 1.914 | 2.961 | 3.966 |
| Free Cash Flow 1 | -748.7 | -201.7 | -765.7 | -164.9 | -149.1 | 4.85 | 238.9 | 329 |
| FCF margin | -129.36% | -55.04% | -167.98% | -23.27% | -12.73% | 0.34% | 14.78% | 17.45% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 0.67% | 28.98% | 34.35% |
| FCF Conversion (Net income) | - | - | - | - | - | 2.51% | 79.52% | 81.89% |
| Dividend per Share 2 | 1.320 | 1.320 | 1.320 | 1.260 | 1.200 | 1.200 | 1.200 | 1.200 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 145.8 | 137.8 | 177.9 | 230.4 | 274.3 | 292.7 | 274.3 | 291.1 | 312.7 | 326.7 | 354.3 | 362.6 | 372.5 | 377.9 | 394.5 |
| EBITDA 1 | 124.8 | 51.56 | 165.3 | 108.9 | 123.5 | 127.7 | 153.1 | 154.2 | 162.3 | 164.1 | 179.9 | 185.7 | 192.2 | 187.8 | 195.9 |
| EBIT 1 | 7.58 | -45.26 | 32.3 | 65.96 | 73.75 | 73.26 | 95.08 | 84.69 | 87.86 | 93.9 | 94.55 | 97.7 | 102.2 | 107.6 | 115.1 |
| Operating Margin | 5.2% | -32.83% | 18.15% | 28.63% | 26.89% | 25.03% | 34.66% | 29.09% | 28.09% | 28.74% | 26.69% | 26.94% | 27.45% | 28.48% | 29.18% |
| Earnings before Tax (EBT) 1 | -18.87 | -226.2 | 13.17 | 0.042 | 24.74 | 31.42 | 56.61 | 45.01 | 50.97 | 45.19 | 64.03 | 71.83 | 73.47 | 78.77 | 89.18 |
| Net income 1 | -19.05 | -229 | 11.45 | -22.85 | 20.01 | 22.61 | 46.42 | 32.97 | 110 | 31.29 | 48.85 | 56.14 | 58.2 | 62.99 | 71.92 |
| Net margin | -13.07% | -166.12% | 6.43% | -9.92% | 7.3% | 7.72% | 16.92% | 11.33% | 35.18% | 9.58% | 13.79% | 15.48% | 15.62% | 16.67% | 18.23% |
| EPS 2 | -0.1900 | -2.300 | 0.1100 | -0.2300 | 0.2000 | 0.2200 | 0.4600 | 0.3300 | 1.090 | 0.3100 | 0.4656 | 0.5578 | 0.5776 | 0.6200 | 0.7067 |
| Dividend per Share 2 | 0.3300 | 0.3300 | 0.3300 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 |
| Announcement Date | 2/24/22 | 4/28/22 | 7/27/22 | 10/27/22 | 2/23/23 | 4/26/23 | 7/26/23 | 10/25/23 | 2/22/24 | 4/25/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,194 | - | - | 2,142 | 2,427 | 2,304 | 2,648 | 2,754 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.373 x | - | - | 5.004 x | 4.063 x | 3.196 x | 3.213 x | 2.875 x |
| Free Cash Flow 1 | -749 | -202 | -766 | -165 | -149 | 4.85 | 239 | 329 |
| ROE (net income / shareholders' equity) | 19.4% | -8.83% | -9.47% | -38.6% | 251% | 101% | 98.8% | 76.3% |
| ROA (Net income/ Total Assets) | - | - | - | -6.04% | 9.04% | 8.18% | 9.3% | 11.1% |
| Assets 1 | - | - | - | 3,647 | 2,345 | 2,365 | 3,230 | 3,619 |
| Book Value Per Share 2 | 15.30 | 12.60 | 11.30 | 0.1900 | 1.750 | 2.620 | 4.300 | 7.050 |
| Cash Flow per Share 2 | 1.760 | 0.7300 | -0.2500 | -0.2100 | 1.280 | 2.830 | 2.240 | 2.150 |
| Capex 1 | 900 | 265 | 784 | 144 | 756 | 400 | 532 | 515 |
| Capex / Sales | 155.46% | 72.26% | 172.1% | 20.35% | 64.56% | 28.16% | 32.91% | 27.33% |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
79.11
USD
Average target price
83.18
USD
Spread / Average Target
+5.15%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +70.50% | 7.93B | |
| +49.02% | 23.16B | |
| +6.53% | 5.65B | |
| +50.34% | 4.81B | |
| -1.54% | 4.72B | |
| +10.38% | 4.72B | |
| +65.47% | 3.72B | |
| +6.17% | 2.51B | |
| +13.95% | 1.72B | |
| +13.36% | 1.23B |
- Stock Market
- Equities
- FTAI Stock
- Financials FTAI Aviation Ltd.
