Added to YB: 2025-09-01
Pitch date: 2025-08-28
SKYH [neutral]
Sky Harbour Group Corporation
-16.1%
current return
Author Info
Company Info
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States.
Market Cap
$300.9M
Pitch Price
$10.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
-75.44
P/E
-22.33
EV/Sales
27.78
Sector
Transportation Infrastructure
Category
growth
New Money Needs to Park their Toys Somewhere: Sky Harbour Group Corporation $SKYH
SKYH (overview): Luxury jet hangar developer targeting 33-36% ROE via 5x leverage & tax-free muni bonds. Current 89% Nashville occupancy after 3yrs concerning. Revenue tracking close to 2022 targets but OpEx much higher than projected 15% of rent. Trading 5x 2028 rev estimates. Mgmt targets $40-80 price in 7yrs but significant dilution risk from $80M warrants at $11.50. Pass due to execution concerns & valuation.
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