AL Valuation

Air Lease Corp

Add to Watchlist

Advanced Chart

58.860

+1.21(2.099%)1D

Overview
Forecast
Valuation
Earnings

AL Relative Valuation

AL's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, AL is overvalued; if below, it's undervalued.

Historical Valuation

Air Lease Corp (AL) is now in the Fair zone, suggesting that its current forward PS ratio of 2.09 is considered Fairly compared with the five-year average of 8.58. The fair price of Air Lease Corp (AL) is between 54.00 to 67.52 according to relative valuation methord.

Relative Value

Fair Zone

54.00-67.52

Current Price：57.17

Fair

12.43

Trailing

Forward

8.93

EV/EBITDA

Air Lease Corp. (AL) has a current EV/EBITDA of 8.93. The 5-year average EV/EBITDA is 9.76. The thresholds are as follows: Strongly Undervalued below 6.95, Undervalued between 6.95 and 8.35, Fairly Valued between 11.16 and 8.35, Overvalued between 11.16 and 12.56, and Strongly Overvalued above 12.56. The current Forward EV/EBITDA of 8.93 falls within the Historic Trend Line -Fairly Valued range.

16.03

EV/EBIT

Air Lease Corp. (AL) has a current EV/EBIT of 16.03. The 5-year average EV/EBIT is 18.09. The thresholds are as follows: Strongly Undervalued below 10.71, Undervalued between 10.71 and 14.40, Fairly Valued between 21.78 and 14.40, Overvalued between 21.78 and 25.47, and Strongly Overvalued above 25.47. The current Forward EV/EBIT of 16.03 falls within the Historic Trend Line -Fairly Valued range.

2.07

Air Lease Corp. (AL) has a current PS of 2.07. The 5-year average PS is 1.87. The thresholds are as follows: Strongly Undervalued below 1.26, Undervalued between 1.26 and 1.57, Fairly Valued between 2.18 and 1.57, Overvalued between 2.18 and 2.49, and Strongly Overvalued above 2.49. The current Forward PS of 2.07 falls within the Historic Trend Line -Fairly Valued range.

3.30

P/OCF

Air Lease Corp. (AL) has a current P/OCF of 3.30. The 5-year average P/OCF is 3.20. The thresholds are as follows: Strongly Undervalued below 1.09, Undervalued between 1.09 and 2.15, Fairly Valued between 4.26 and 2.15, Overvalued between 4.26 and 5.32, and Strongly Overvalued above 5.32. The current Forward P/OCF of 3.30 falls within the Historic Trend Line -Fairly Valued range.

-5.88

P/FCF

Air Lease Corp. (AL) has a current P/FCF of -5.88. The 5-year average P/FCF is -5.10. The thresholds are as follows: Strongly Undervalued below -11.91, Undervalued between -11.91 and -8.50, Fairly Valued between -1.69 and -8.50, Overvalued between -1.69 and 1.72, and Strongly Overvalued above 1.72. The current Forward P/FCF of -5.88 falls within the Historic Trend Line -Fairly Valued range.

Air Lease Corp (AL) has a current Price-to-Book (P/B) ratio of 0.79. Compared to its 3-year average P/B ratio of 0.68 , the current P/B ratio is approximately 16.04% higher. Relative to its 5-year average P/B ratio of 0.70, the current P/B ratio is about 13.25% higher. Air Lease Corp (AL) has a Forward Free Cash Flow (FCF) yield of approximately -22.48%. Compared to its 3-year average FCF yield of -31.86%, the current FCF yield is approximately -29.43% lower. Relative to its 5-year average FCF yield of -32.63% , the current FCF yield is about -31.11% lower.

0.78

P/B

Median3y

0.68

Median5y

0.70

-22.66

FCF Yield

Median3y

-31.86

Median5y

-32.63

Competitors Valuation Multiple

The average P/S ratio for AL's competitors is 3.38, providing a benchmark for relative valuation. Air Lease Corp Corp (AL) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 9.65%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Firstcash Holdings Inc

Blue Owl Capital Corp

4.69

23.16%

7.19B

Performance Decomposition

Market capitalization of AL increased by 28.38% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 15.43 to 52.64.

The secondary factor is the Revenue Growth, contributed 9.65%to the performance.

Overall, the performance of AL in the past 1 year is driven by Margin Expansion. Which is more sustainable.

9.65%

667.29M → 731.70M

Revenue Growth

241.15%

15.43 → 52.64

Margin Expansion

-222.42%

-5.66 → 6.93

P/E Change

28.38%