AAR CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 68.27 USD | +1.26% |
|
+6.47% | +9.41% |
| Apr. 15 | Benchmark Company Adjusts AAR Price Target to $83 From $65, Maintains Buy Rating | MT |
| Apr. 11 | AAR Extends Distribution Agreement With Sumitomo Precision Products | MT |
Valuation
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,035 | 697.3 | 1,459 | 1,679 | 1,711 | 2,380 | - | - |
| Enterprise Value (EV) 1 | 1,156 | 943.5 | 1,592 | 1,776 | 1,947 | 3,304 | 3,227 | 3,009 |
| P/E ratio | 143 x | 155 x | 41.8 x | 22.2 x | 19.8 x | 38.1 x | 17.6 x | 14 x |
| Yield | 1% | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.5 x | 0.34 x | 0.88 x | 0.92 x | 0.86 x | 1.02 x | 0.87 x | 0.8 x |
| EV / Revenue | 0.56 x | 0.46 x | 0.96 x | 0.98 x | 0.98 x | 1.42 x | 1.17 x | 1.02 x |
| EV / EBITDA | 6.88 x | 6.05 x | 13.9 x | 11.4 x | 10.3 x | 13.8 x | 9.89 x | 8.54 x |
| EV / FCF | 23.1 x | -15.8 x | 17 x | 30.7 x | -314 x | 211 x | 37.9 x | 20.6 x |
| FCF Yield | 4.32% | -6.33% | 5.9% | 3.26% | -0.32% | 0.47% | 2.64% | 4.86% |
| Price to Book | 1.16 x | 0.78 x | 1.52 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 34,383 | 34,569 | 34,934 | 34,812 | 34,153 | 34,855 | - | - |
| Reference price 2 | 30.09 | 20.17 | 41.75 | 48.22 | 50.11 | 68.27 | 68.27 | 68.27 |
| Announcement Date | 7/10/19 | 7/21/20 | 7/20/21 | 7/21/22 | 7/18/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,052 | 2,072 | 1,652 | 1,820 | 1,990 | 2,322 | 2,747 | 2,958 |
| EBITDA 1 | 168.1 | 155.9 | 114.6 | 156.4 | 189.8 | 239.7 | 326.4 | 352.3 |
| EBIT 1 | 111.8 | 41.3 | 85.2 | 106.9 | 133.9 | 191.5 | 260.6 | 294.4 |
| Operating Margin | 5.45% | 1.99% | 5.16% | 5.87% | 6.73% | 8.25% | 9.49% | 9.95% |
| Earnings before Tax (EBT) 1 | 89 | 30.4 | 64.5 | 105.1 | 121.2 | 80.4 | 180.4 | - |
| Net income 1 | 7.5 | 4.4 | 35.8 | 78.7 | 90.2 | 63.03 | 135.8 | 175 |
| Net margin | 0.37% | 0.21% | 2.17% | 4.32% | 4.53% | 2.72% | 4.94% | 5.92% |
| EPS 2 | 0.2100 | 0.1300 | 1.000 | 2.170 | 2.530 | 1.790 | 3.890 | 4.890 |
| Free Cash Flow 1 | 50 | -59.7 | 93.9 | 57.9 | -6.2 | 15.68 | 85.05 | 146.2 |
| FCF margin | 2.44% | -2.88% | 5.68% | 3.18% | -0.31% | 0.68% | 3.1% | 4.94% |
| FCF Conversion (EBITDA) | 29.74% | - | 81.94% | 37.02% | - | 6.54% | 26.06% | 41.5% |
| FCF Conversion (Net income) | 666.67% | - | 262.29% | 73.57% | - | 24.87% | 62.64% | 83.54% |
| Dividend per Share | 0.3000 | - | - | - | - | - | - | - |
| Announcement Date | 7/10/19 | 7/21/20 | 7/20/21 | 7/21/22 | 7/18/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: May | 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 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 436.6 | 452.2 | 476.1 | 446.3 | 469.8 | 521.1 | 553.3 | 549.7 | 545.4 | 567.3 | 659.2 | 670.1 | 669.1 | 697.7 | 712.1 |
| EBITDA 1 | 37 | 39.3 | 43.1 | 41.8 | 44.8 | 50.2 | 53 | 52.1 | 55.3 | 58.6 | 73.36 | 73.7 | 77.4 | 82.8 | 86.3 |
| EBIT 1 | 30.1 | 30.3 | 31.4 | 31.2 | 32.4 | 34 | 36.3 | 25.3 | 38.3 | 47.2 | 58.26 | 58.1 | 60.4 | 66.45 | 68.8 |
| Operating Margin | 6.89% | 6.7% | 6.6% | 6.99% | 6.9% | 6.52% | 6.56% | 4.6% | 7.02% | 8.32% | 8.84% | 8.67% | 9.03% | 9.52% | 9.66% |
| Earnings before Tax (EBT) 1 | 28.7 | 30.8 | 30.5 | 30.4 | 30.8 | 29.8 | 30.2 | -7.5 | 31.7 | 20.5 | 37.15 | - | - | - | - |
| Net income 1 | 20.8 | 22.5 | 23.9 | 22.7 | 22.5 | 21.8 | 23.2 | -0.6 | 23.8 | 14 | 27.46 | - | - | - | - |
| Net margin | 4.76% | 4.98% | 5.02% | 5.09% | 4.79% | 4.18% | 4.19% | -0.11% | 4.36% | 2.47% | 4.16% | - | - | - | - |
| EPS 2 | 0.5800 | 0.6300 | 0.6600 | 0.6300 | 0.6400 | 0.6200 | 0.6600 | -0.0200 | 0.6700 | 0.3900 | 0.7700 | 1.030 | 1.060 | 1.050 | 1.140 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 12/21/21 | 3/22/22 | 7/21/22 | 9/22/22 | 12/20/22 | 3/21/23 | 7/18/23 | 9/26/23 | 12/21/23 | 3/21/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: May | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 122 | 246 | 133 | 97.4 | 236 | 925 | 848 | 630 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.7234 x | 1.579 x | 1.164 x | 0.6228 x | 1.244 x | 3.858 x | 2.598 x | 1.788 x |
| Free Cash Flow 1 | 50 | -59.7 | 93.9 | 57.9 | -6.2 | 15.7 | 85.1 | 146 |
| ROE (net income / shareholders' equity) | 0.81% | 0.49% | 4.99% | - | - | - | - | - |
| ROA (Net income/ Total Assets) | 0.49% | 0.24% | 2.59% | - | - | - | - | - |
| Assets 1 | 1,521 | 1,798 | 1,384 | - | - | - | - | - |
| Book Value Per Share | 26.00 | 25.70 | 27.50 | - | - | - | - | - |
| Cash Flow per Share | 1.930 | -1.030 | 2.980 | - | - | - | - | - |
| Capex 1 | 17.4 | 23.6 | 11.3 | 17.3 | 29.5 | 28.1 | 30.3 | 39 |
| Capex / Sales | 0.85% | 1.14% | 0.68% | 0.95% | 1.48% | 1.21% | 1.1% | 1.32% |
| Announcement Date | 7/10/19 | 7/21/20 | 7/20/21 | 7/21/22 | 7/18/23 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
68.27
USD
Average target price
82.2
USD
Spread / Average Target
+20.40%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +9.41% | 2.38B | |
| +20.53% | 135B | |
| +9.53% | 77.91B | |
| +2.63% | 71.1B | |
| +20.67% | 50.29B | |
| +40.51% | 43.87B | |
| +1.86% | 40.78B | |
| +42.10% | 31.95B | |
| +19.32% | 23.26B | |
| +29.77% | 20.94B |
- Stock Market
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- Financials AAR Corp.
