Added to YB: 2026-08-26
Pitch date: 2026-08-24
SKYH [bullish]
Sky Harbour Group Corporation
+0.85%
current return
Author Info
Gilmour Investment Research is providing actionable investment research on misunderstood and unknown compounders. Sign up for the newsletter.
Company Info
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States.
Market Cap
$403.1M
Pitch Price
$10.57
Price Target
28.90 (+171%)
Dividend
N/A
EV/EBITDA
-255.35
P/E
-122.94
EV/Sales
30.34
Sector
Transportation Infrastructure
Category
value
I am long $SKYH. - Mo' Hangars, Mo' Money
SKYH: Vertically-integrated private-aviation hangar developer (HBO model) at an inflection: hit positive operating cash flow in 2Q2026, with mgmt guiding $4-6M run-rate adj. EBITDA by FYE2026 vs. ~-$9.6M in FY2025. Scarce, supply-constrained airport land + PAB/sub-debt financing (~90% debt) drives ~15x MOIC unit economics ($300 PSF cost → $720 PSF value at 5% cap). Author values existing ~4.1M SF footprint (no new wins) at $28.90 by 2031, ~20% IRR from ~$10. Key risk: history of cost/timeline overruns, retrofits, and dilution.
Read full article (7 min)