Added to YB: 2024-11-13
Pitch date: 2024-11-06
2588.HK [bullish]
BOC Aviation Limited
+28.5%
current return
Author Info
No bio for this author
Company Info
BOC Aviation Limited, together with its subsidiaries, operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.
Market Cap
HKD 5.2B
Pitch Price
HKD 57.51
Price Target
6.23 (-92%)
Dividend
6.34%
EV/EBITDA
18.65
P/E
5.39
EV/Sales
9.82
Sector
Trading Companies and Distributors
Category
growth
BOC Aviation: A Buy On Strong Demand For Aircraft Leasing
2588.HK: 5th largest aircraft lessor. 75% profit surge. 15-40% upside using P/B & EV/EBITDA. Risks: China exposure, delivery delays. Opportunities: rising air travel demand, 8-year avg lease term, aircraft shortage. Strong financials, 4% EBITDA growth, 26.6% FCF growth. Buy rating.
Read full article (4 min)