Added to YB: 2024-12-09
Pitch date: 2024-12-06
AVAP.L [bullish]
Avation PLC
-12.18%
current return
Author Info
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Company Info
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines worldwide.
Market Cap
GBP 145.9M
Pitch Price
GBP 1.58
Price Target
N/A
Dividend
0.46%
EV/EBITDA
7.59
P/E
-19.57
EV/Sales
6.72
Sector
Trading Companies and Distributors
Category
value
AVAP - Avation - OB Idea #11
AVAP.L: Aircraft lessor at 41.9% NAV discount. $120M cash from ops, $65.7M EBITDA in 2H24. Strong demand for ATR aircraft, 34 on order/rights. Debt reduced $67.7M. Growth potential from fleet expansion, refinancing. Risks: travel disruption, tech changes. Cheap vs peers, potential for 2x by 2025.
Read full article (7 min)