Professional
Added to YB: 2024-08-13
Pitch date: 2024-08-01
FTAI [bullish]
FTAI Aviation Ltd.
+72.51%
current return
Author Info
No bio for this author
Company Info
FTAI Aviation Ltd. owns, acquires, and sells aviation equipment for the transportation of goods and people worldwide.
Market Cap
$18.7B
Pitch Price
$102.56
Price Target
N/A
Dividend
0.77%
EV/EBITDA
22.86
P/E
41.73
EV/Sales
9.23
Sector
Trading Companies and Distributors
Category
growth
Tourlite Capital Portfolio Holding: FTAI Aviation Ltd.
FTAI: Aerospace tailwinds driving growth. V2500 engine focus, EBITDA to grow from $40M to $100M by 2026. Q2 beat, raised 2026 EBITDA target 25% to $1.25B. Aerospace segment 46% of $325-350M target, 30% QoQ growth. PMA approvals likely by year-end. Upside from closing valuation gap with peers. Strong outlook, multiple catalysts ahead.
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