Professional
Added to YB: 2026-01-08
Pitch date: 2025-12-31
AVAP.L [neutral]
Avation PLC
-5%
current return
Author Info
No bio for this author
Company Info
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines in Europe and the Asia-Pacific.
Market Cap
GBP 108.6M
Pitch Price
GBP 1.40
Price Target
2.70 (+103%)
Dividend
0.57%
EV/EBITDA
6.34
P/E
-8.61
EV/Sales
5.70
Sector
Trading Companies and Distributors
Category
value
East72 Dynasty Trust Portfolio Holding: Avation PLC
AVAP.L (holding update): Singapore-based aircraft lessor trading 18% below NAV despite strong operational progress. Refinanced $300M bond, reduced net debt to lowest since 2015, placed out ATR72 leases through 2026. Fleet to grow 4 planes/year to 2028, adding ~$4.5M EBITDA. Market value NAV ~£2.70 vs £1.38 current price (95% upside). Strong APAC turboprop market fundamentals with ATR supply constraints.
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