AI Spotlight on AIRI
Company Description
Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States.The company operates through two segments, Complex Machining and Turbine and Engine Component.The Complex Machining segment offers aircraft landing and arresting gears, engine mounts, flight controls, throttle quadrants, and other components.
Its products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Blackhawk, Lockheed Martin F-35 Joint Strike Fighter, Northrop Grumman E2D Hawkeye, the US Navy F-18, and USAF F-16 and F-15 fighter aircraft.The Turbine and Engine Component segment makes components and provides services for aircraft jet engines and ground-power turbines.Its jet engine components are used on the USAF F-15 and F-16, the Airbus A-330, the Boeing 777, and others, as well as ground-power turbine applications.
The company's products are used by original equipment manufacturers in the manufacture of fixed wing aircraft, helicopters jet turbine engines, and other complex aerospace and defense products.Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York.
Market Data
Last Price | 4.36 |
Change Percentage | 1.63% |
Open | 4.31 |
Previous Close | 4.29 |
Market Cap ( Millions) | 15 |
Volume | 58842 |
Year High | 9.44 |
Year Low | 3.03 |
M A 50 | 4.37 |
M A 200 | 4.79 |
Financial Ratios
FCF Yield | -16.96% |
Dividend Yield | 0.00% |
ROE | -2726.20% |
Debt / Equity | 182.50% |
Net Debt / EBIDTA | 741.71% |
Price To Book | 0.99 |
Price Earnings Ratio | -0.04 |
Price To FCF | -5.9 |
Price To sales | 0.0 |
EV / EBITDA | 11.5 |
News
- Jan -02 - Air Industries Group Secures Additional Contract Worth $ 2.6 Million for Aftermarket Landing Gear Assemblies for the US Navy E-2D Advanced Hawkeye Aircraft
- Dec -23 - Air Industries Wins a Deal to Supply Components for CH-53K Helicopter
- Dec -11 - Air Industries Secures a Contract to Supply Landing Gear Assemblies
- Nov -15 - Air Industries Group (AIRI) Q3 2024 Earnings Call Transcript
- Nov -14 - Air Industries (AIRI) Reports Q3 Loss, Lags Revenue Estimates
- Nov -09 - Air Industries (AIRI) Stock Drops Despite Market Gains: Important Facts to Note
- Oct -30 - Here's Why Air Industries (AIRI) Fell More Than Broader Market
- Oct -23 - Air Industries (AIRI) Rises As Market Takes a Dip: Key Facts
- Oct -21 - Air Industries (AIRI) Suffers a Larger Drop Than the General Market: Key Insights
- Oct -21 - Is Air Industries Group (AIRI) Stock Outpacing Its Aerospace Peers This Year?
- Oct -16 - Air Industries Group to Present at the MicroCap Rodeo Fall Conference
- Oct -10 - Air Industries (AIRI) Advances While Market Declines: Some Information for Investors
- Oct -04 - Is Air Industries Group (AIRI) Outperforming Other Aerospace Stocks This Year?
- Sep -30 - Air Industries (AIRI) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Sep -25 - Air Industries (AIRI) Just Overtook the 20-Day Moving Average
- Sep -17 - Has Air Industries Group (AIRI) Outpaced Other Aerospace Stocks This Year?
- Sep -13 - Should You Buy Air Industries (AIRI) After Golden Cross?
- Sep -05 - Best Momentum Stocks to Buy for September 5th
- Sep -05 - New Strong Buy Stocks for September 5th
- Aug -30 - Are Aerospace Stocks Lagging Air Industries Group (AIRI) This Year?
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Military
Expected Growth : 4.5 %
What the company do ?
The Military from Air Industries Group refers to the defense and aerospace division of the company, providing military aircraft, defense electronics, and security solutions.
Why we expect these perspectives ?
Growing demand for advanced defense electronics, increasing military aircraft modernization, and rising security concerns drive the Military from Air Industries Group segment growth.
Segment nΒ°2 -> Commercial
Expected Growth : 8.5 %
What the company do ?
Air Industries Group's commercial showcases their expertise in designing and manufacturing complex aircraft components and assemblies.
Why we expect these perspectives ?
Growing demand for complex aircraft components and assemblies, driven by increasing aircraft production rates and the need for lightweight, fuel-efficient designs, will fuel Air Industries Group's commercial segment growth.
Air Industries Group Products
Product Range | What is it ? |
---|---|
Structural Components | Air Industries Group provides structural components for aircraft, including wings, fuselages, and control surfaces. |
Engine Components | The company manufactures engine components, including turbine blades, vanes, and other engine parts. |
Fasteners and Assembly Components | Air Industries Group produces fasteners and assembly components, including bolts, nuts, and rivets. |
Aircraft Interiors | The company designs and manufactures aircraft interior components, including seats, cabin linings, and galley equipment. |
Electromechanical Components | Air Industries Group produces electromechanical components, including switches, sensors, and actuators. |
Aerostructures | The company designs and manufactures aerostructures, including aircraft doors, windows, and other structural components. |
Air Industries Group's Porter Forces
Threat Of Substitutes
The threat of substitutes in the air industry is moderate due to the presence of alternative modes of transportation such as trains and buses, but air travel remains the fastest way to cover long distances.
Bargaining Power Of Customers
The bargaining power of customers in the air industry is low due to the lack of switching options and the complexity of air travel bookings.
Bargaining Power Of Suppliers
The bargaining power of suppliers in the air industry is high due to the limited number of aircraft manufacturers and the high demand for their products.
Threat Of New Entrants
The threat of new entrants in the air industry is low due to the high barriers to entry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry in the air industry is high due to the presence of many competitors and the need to differentiate through price, service, and product offerings.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 62.92% |
Debt Cost | 6.09% |
Equity Weight | 37.08% |
Equity Cost | 6.09% |
WACC | 6.09% |
Leverage | 169.66% |
Air Industries Group : Quality Control
Air Industries Group passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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DCO | Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. It operates through two segments, Electronic β¦ |
CVU | CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, β¦ |
IVAC | Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. It designs, develops, β¦ |
ASTC | Astrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc β¦ |
SIF | SIFCO Industries, Inc. produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company's processes and services include forging, heat-treating, β¦ |