Air Lease Stock Net Asset
| AL Stock | USD 49.03 0.30 0.62% |
Air Lease fundamentals help investors to digest information that contributes to Air Lease's financial success or failures. It also enables traders to predict the movement of Air Stock. The fundamental analysis module provides a way to measure Air Lease's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Air Lease stock.
Air | Net Asset |
Air Lease Company Net Asset Analysis
Air Lease's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Air Lease Net Asset | 30.45 B |
Most of Air Lease's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Air Lease is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Air Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Air Lease is extremely important. It helps to project a fair market value of Air Stock properly, considering its historical fundamentals such as Net Asset. Since Air Lease's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Air Lease's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Air Lease's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Air Total Assets
Total Assets |
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Based on the recorded statements, Air Lease has a Net Asset of 30.45 B. This is much higher than that of the Trading Companies & Distributors sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.
Air Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air Lease's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Air Lease could also be used in its relative valuation, which is a method of valuing Air Lease by comparing valuation metrics of similar companies.Air Lease is currently under evaluation in net asset category among related companies.
Air Lease Current Valuation Drivers
We derive many important indicators used in calculating different scores of Air Lease from analyzing Air Lease's financial statements. These drivers represent accounts that assess Air Lease's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Air Lease's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.3B | 5.0B | 5.0B | 4.3B | 4.7B | 3.1B | |
| Enterprise Value | 18.6B | 19.8B | 21.0B | 22.2B | 23.4B | 24.5B |
Air Lease Institutional Holders
Institutional Holdings refers to the ownership stake in Air Lease that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Air Lease's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Air Lease's value.| Shares | Millennium Management Llc | 2023-12-31 | 1.9 M | Earnest Partners Llc | 2023-12-31 | 1.8 M | State Street Corporation | 2023-12-31 | 1.8 M | Copeland Capital Management, Llc | 2023-12-31 | 1.6 M | Geode Capital Management, Llc | 2023-12-31 | 1.5 M | Fidelity International Ltd | 2023-12-31 | 1.5 M | Reinhart Mahoney Capital Management Inc | 2024-03-31 | 1.4 M | Cooke & Bieler Lp | 2023-12-31 | 1.4 M | Massachusetts Financial Services Company | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 10.2 M | Jpmorgan Chase & Co | 2023-12-31 | 7.2 M |
Air Fundamentals
| Return On Equity | 0.089 | ||||
| Return On Asset | 0.0296 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.53 % | ||||
| Current Valuation | 24.13 B | ||||
| Shares Outstanding | 111.37 M | ||||
| Shares Owned By Insiders | 6.51 % | ||||
| Shares Owned By Institutions | 91.37 % | ||||
| Number Of Shares Shorted | 5.31 M | ||||
| Price To Earning | 8.71 X | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 2.01 X | ||||
| Revenue | 2.68 B | ||||
| Gross Profit | 1.35 B | ||||
| EBITDA | 1.81 B | ||||
| Net Income | 614.62 M | ||||
| Cash And Equivalents | 766.42 M | ||||
| Cash Per Share | 9.13 X | ||||
| Total Debt | 19.18 B | ||||
| Debt To Equity | 2.85 % | ||||
| Current Ratio | 0.90 X | ||||
| Book Value Per Share | 64.49 X | ||||
| Cash Flow From Operations | 1.75 B | ||||
| Short Ratio | 1.95 X | ||||
| Earnings Per Share | 5.14 X | ||||
| Price To Earnings To Growth | 0.91 X | ||||
| Target Price | 54.0 | ||||
| Number Of Employees | 163 | ||||
| Beta | 1.65 | ||||
| Market Capitalization | 5.43 B | ||||
| Total Asset | 30.45 B | ||||
| Retained Earnings | 3.87 B | ||||
| Working Capital | (843.51 M) | ||||
| Current Asset | 1.24 B | ||||
| Current Liabilities | 1.07 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.40 % | ||||
| Net Asset | 30.45 B | ||||
| Last Dividend Paid | 0.81 |
About Air Lease Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Air Lease's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Lease using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Lease based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Air Lease Investors Sentiment
The influence of Air Lease's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Air. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Air Lease's public news can be used to forecast risks associated with an investment in Air. The trend in average sentiment can be used to explain how an investor holding Air can time the market purely based on public headlines and social activities around Air Lease. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Air Lease's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Air Lease's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Air Lease's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Air Lease.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Lease in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Lease's short interest history, or implied volatility extrapolated from Air Lease options trading.
Pair Trading with Air Lease
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Lease position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Lease will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
| 0.93 | AER | AerCap Holdings NV Financial Report 7th of May 2024 | PairCorr |
Moving against Air Stock
| 0.66 | YAYO | Yayyo Inc | PairCorr |
| 0.49 | WSC | Willscot Mobile Mini Earnings Call This Week | PairCorr |
| 0.48 | VSTS | Vestis | PairCorr |
| 0.48 | HTZ | Hertz Global Holdings Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Air Lease could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Lease when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Lease - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Lease to buy it.
The correlation of Air Lease is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Lease moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Lease moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Lease can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Air Lease Piotroski F Score and Air Lease Altman Z Score analysis. For more information on how to buy Air Stock please use our How to buy in Air Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Air Stock analysis
When running Air Lease's price analysis, check to measure Air Lease's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Lease is operating at the current time. Most of Air Lease's value examination focuses on studying past and present price action to predict the probability of Air Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Lease's price. Additionally, you may evaluate how the addition of Air Lease to your portfolios can decrease your overall portfolio volatility.
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Is Air Lease's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Lease. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Lease listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.556 | Dividend Share 0.81 | Earnings Share 5.14 | Revenue Per Share 24.188 | Quarterly Revenue Growth 0.191 |
The market value of Air Lease is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Lease's value that differs from its market value or its book value, called intrinsic value, which is Air Lease's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Lease's market value can be influenced by many factors that don't directly affect Air Lease's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Lease's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Lease is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Lease's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.