AAR Corp. (AIR)
Total Valuation
AAR Corp. has a market cap or net worth of $2.22 billion. The enterprise value is $2.49 billion.
| Market Cap | 2.22B |
| Enterprise Value | 2.49B |
Important Dates
The last earnings date was Thursday, December 21, 2023, after market close.
| Earnings Date | Dec 21, 2023 |
| Ex-Dividend Date | n/a |
Share Statistics
AAR Corp. has 35.50 million shares outstanding. The number of shares has increased by 0.60% in one year.
| Shares Outstanding | 35.50M |
| Shares Change (YoY) | +0.60% |
| Shares Change (QoQ) | +1.03% |
| Owned by Insiders (%) | 5.01% |
| Owned by Institutions (%) | 93.29% |
| Float | 33.09M |
Valuation Ratios
The trailing PE ratio is 32.50 and the forward PE ratio is 17.36. AAR Corp.'s PEG ratio is 2.41.
| PE Ratio | 32.50 |
| Forward PE | 17.36 |
| PS Ratio | 1.02 |
| Forward PS | 0.94 |
| PB Ratio | 1.92 |
| P/FCF Ratio | 78.56 |
| PEG Ratio | 2.41 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.17, with an EV/FCF ratio of 88.23.
| EV / Earnings | 36.48 |
| EV / Sales | 1.15 |
| EV / EBITDA | 18.17 |
| EV / EBIT | 23.65 |
| EV / FCF | 88.23 |
Financial Position
The company has a current ratio of 3.14, with a Debt / Equity ratio of 0.30.
| Current Ratio | 3.14 |
| Quick Ratio | 0.85 |
| Debt / Equity | 0.30 |
| Debt / EBITDA | 2.54 |
| Debt / FCF | 12.35 |
| Interest Coverage | 5.01 |
Financial Efficiency
Return on equity (ROE) is 6.10% and return on invested capital (ROIC) is 5.91%.
| Return on Equity (ROE) | 6.10% |
| Return on Assets (ROA) | 3.70% |
| Return on Capital (ROIC) | 5.91% |
| Revenue Per Employee | $433,900 |
| Profits Per Employee | $13,640 |
| Employee Count | 5,000 |
| Asset Turnover | 1.17 |
| Inventory Turnover | 2.84 |
Taxes
In the past 12 months, AAR Corp. has paid $16.00 million in taxes.
| Income Tax | 16.00M |
| Effective Tax Rate | 19.00% |
Stock Price Statistics
The stock price has increased by +39.60% in the last 52 weeks. The beta is 1.66, so AAR Corp.'s price volatility has been higher than the market average.
| Beta (1Y) | 1.66 |
| 52-Week Price Change | +39.60% |
| 50-Day Moving Average | 65.48 |
| 200-Day Moving Average | 58.91 |
| Relative Strength Index (RSI) | 30.91 |
| Average Volume (30 Days) | 232,138 |
Short Selling Information
The latest short interest is 780,869, so 2.20% of the outstanding shares have been sold short.
| Short Interest | 780,869 |
| Short Previous Month | 686,213 |
| Short % of Shares Out | 2.20% |
| Short % of Float | 2.36% |
| Short Ratio (days to cover) | 3.14 |
Income Statement
In the last 12 months, AAR Corp. had revenue of $2.17 billion and earned $68.20 million in profits. Earnings per share was $1.92.
| Revenue | 2.17B |
| Gross Profit | 407.10M |
| Operating Income | 109.80M |
| Pretax Income | 84.20M |
| Net Income | 68.20M |
| EBITDA | 136.90M |
| EBIT | 105.20M |
| Earnings Per Share (EPS) | $1.92 |
Balance Sheet
The company has $75.50 million in cash and $348.20 million in debt, giving a net cash position of -$272.70 million or -$7.68 per share.
| Cash & Cash Equivalents | 75.50M |
| Total Debt | 348.20M |
| Net Cash | -272.70M |
| Net Cash Per Share | -$7.68 |
| Equity / Book Value | 1.16B |
| Book Value Per Share | 32.55 |
| Working Capital | 814.30M |
Cash Flow
In the last 12 months, operating cash flow was $61.30 million and capital expenditures -$33.10 million, giving a free cash flow of $28.20 million.
| Operating Cash Flow | 61.30M |
| Capital Expenditures | -33.10M |
| Free Cash Flow | 28.20M |
| FCF Per Share | $0.80 |
Margins
Gross margin is 18.76%, with operating and profit margins of 5.06% and 3.14%.
| Gross Margin | 18.76% |
| Operating Margin | 5.06% |
| Pretax Margin | 3.88% |
| Profit Margin | 3.14% |
| EBITDA Margin | 6.31% |
| EBIT Margin | 4.85% |
| FCF Margin | 1.30% |
Dividends & Yields
AAR Corp. does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 3.08% |
| FCF Yield | 1.27% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.60% |
| Shareholder Yield | -0.60% |
Analyst Forecast
The average price target for AAR Corp. is $74.25, which is 18.99% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $74.25 |
| Price Target Difference | 18.99% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 24, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Feb 24, 1998 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
AAR Corp. has an Altman Z-Score of 4.08 and a Piotroski F-Score of 5.
| Altman Z-Score | 4.08 |
| Piotroski F-Score | 5 |