Added to YB: 2026-03-09
Pitch date: 2026-03-05
ASLE [neutral]
AerSale Corporation
-8.51%
current return
Author Info
Ridire Research is an independent equity research platform focused on actionable, high-conviction long/short equity ideas. We combine fundamental rigor with quantitative structure to identify mispriced opportunities others overlook. Sign up for the newsletter.
Company Info
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, government and defense contractors, and maintenance, repair, and overhaul service providers worldwide.
Market Cap
$357.2M
Pitch Price
$6.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.83
P/E
67.66
EV/Sales
1.48
Sector
Aerospace and Defense
Category
turnaround
The Aviation Aftermarket Flywheel - AerSale Corporation
ASLE (overview): Aviation aftermarket platform transitioning from volatile asset trading to recurring TechOps revenue. TechOps margin jumped 13.6%→25.3% YoY (Q3'25) w/ zero aircraft/engine sales, driven by AerSafe (proprietary FAA-STC solution, >$22M 2025 deliveries+backlog, elevated through Q4'26 compliance deadline). Expansion projects complete, mgmt guides ~$25M rev + $4-5M EBITDA in 2026 as capacity ramps. Risks: AerSafe demand cliff post-deadline, lumpy whole-asset sales, $371M inventory monetization/working capital strain.
Read full article (5 min)