0.69%
-8.94%
5.26%
108.88%
306.29%
455.64%
219.00%
AI Spotlight on WLFC
Company Description
Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide.The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales.The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.
The Spare Parts Sales segment purchases and resells after-market engine parts, whole engines, engine modules, and portable aircraft components.The company also focuses on engine management and consulting business.It serves commercial aircraft operators, as well as maintenance, repair, and overhaul organizations.
As of December 31, 2021, it had a total lease portfolio of 304 engines, 12 aircraft, one marine vessel, and other leased parts and equipment, and with 76 lessees in 40 countries; and managed a total lease portfolio of 475 engines, aircraft, and related equipment for other parties.The company was founded in 1985 and is headquartered in Coconut Creek, Florida.
Market Data
| Last Price | 193.92 |
| Change Percentage | 0.69% |
| Open | 192.84 |
| Previous Close | 192.59 |
| Market Cap ( Millions) | 1281 |
| Volume | 25540 |
| Year High | 235.43 |
| Year Low | 46.7 |
| M A 50 | 204.66 |
| M A 200 | 129.5 |
Financial Ratios
| FCF Yield | -18.22% |
| Dividend Yield | 0.77% |
| ROE | 19.12% |
| Debt / Equity | 384.44% |
| Net Debt / EBIDTA | 610.17% |
| Price To Book | 2.47 |
| Price Earnings Ratio | 12.96 |
| Price To FCF | -5.49 |
| Price To sales | 2.56 |
| EV / EBITDA | 10.04 |
News
- Jan -27 - Willis Aviation Services Limited and TUI Airways Forge Transformative Long-Term Base Maintenance Partnership
- Jan -24 - Willis Lease Finance Corporation Announces Quarterly Dividend Reflecting Strong Performance
- Jan -08 - Willis Aviation Services Limited Selected by Jet2.com for Expert MRO Services in UK
- Dec -19 - Willis Lease Finance Corporation Invests in the Future with the Purchase of Nine Advanced GTF Engines, Powering the Latest Technology AIRBUS A320 Family in 2024
- Dec -17 - Willis Lease Finance Corporation Welcomes Stephen Jones to its Board of Directors
- Nov -20 - Willis Sustainable Fuels (UK) Limited Enters into Master Services Agreement with McDermott
- Nov -07 - Willis Lease Finance Corporation Appoints Z. Clifton Dameron as Senior Vice President
- Nov -05 - Willis Lease Finance Q3 Earnings Soar Y/Y on Leasing Growth
- Nov -05 - CORRECTION – Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock
- Nov -04 - Announcement of New Revolving Credit Facility
- Nov -04 - Willis Lease Finance Corporation (WLFC) Q3 2024 Earnings Call Transcript
- Nov -04 - Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock
- Oct -16 - Willis Lease Finance Corporation Announces Timing of Third Quarter 2024 Earnings and Conference Call
- Oct -15 - Willis Lease Finance's Liquidation Value Is >$200
- Oct -01 - Announcement of Series A Preferred Stock Purchase Agreement
- Sep -05 - 2 Small Caps of "Interest"
- Sep -03 - Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development
- Aug -02 - Willis Lease (WLFC) Q2 Earnings Soar Y/Y on Lease Revenue Growth
- Aug -01 - Record Results by Willis Lease Finance Corporation with Second Quarter Pre-tax Income of $57.9 million. Willis Declares First, Regular Quarterly Dividend of $0.25 Per Share.
- Jul -22 - Willis Lease Finance Corporation Hires SR Technics Veteran, Caroline M. Vandedrinck, to Run its Growing Services Businesses
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Leasing and Related Operations
Expected Growth : 4.5 %
What the company do ?
Willis Lease Finance Corporation's Leasing and Related Operations involve providing customized leasing solutions for aircraft and engine financing, as well as engine maintenance and disassembly services.
Why we expect these perspectives ?
Growing demand for aircraft leasing, increasing air travel, and rising need for customized financing solutions drive the growth of Willis Lease Finance Corporation's leasing and related operations.
Segment n°2 -> Spare Parts
Expected Growth : 8.1 %
What the company do ?
Willis Lease Finance Corporation's Spare Parts segment provides used and new aircraft spare parts, engine parts, and maintenance services to airlines and MRO providers globally.
Why we expect these perspectives ?
Growing demand for aircraft spare parts, increasing aircraft fleet, and rising maintenance requirements drive the segment's growth. Additionally, the shift towards more efficient and cost-effective maintenance practices, and the need for airlines and MRO providers to reduce downtime and improve operational efficiency, further support the segment's growth.
Segment n°3 -> Eliminations
Expected Growth : 4.5 %
What the company do ?
Eliminations from Willis Lease Finance Corporation refer to the removal of intercompany transactions and balances between Willis Lease and its subsidiaries to present a consolidated financial statement.
Why we expect these perspectives ?
Consolidated financial statements drive growth through elimination of intercompany transactions, enhancing transparency and accuracy. Increased adoption in aviation financing and leasing industries fuels demand for Willis Lease Finance Corporation's services, driving a forecasted CAGR of 4.5%.
Willis Lease Finance Corporation Products
| Product Range | What is it ? |
|---|---|
| Engine Leasing | Willis Lease Finance Corporation provides engine leasing services to airlines, allowing them to access the engines they need to operate their fleets without having to purchase them outright. |
| Engine Trading | Willis Lease Finance Corporation buys and sells aircraft engines, providing a marketplace for airlines and other companies to trade engines. |
| Engine Maintenance | Willis Lease Finance Corporation provides maintenance services for aircraft engines, including repair, overhaul, and testing. |
| Aircraft Leasing | Willis Lease Finance Corporation provides aircraft leasing services, allowing airlines to access the aircraft they need without having to purchase them. |
| Asset Management | Willis Lease Finance Corporation provides asset management services, including engine and aircraft valuation, technical analysis, and portfolio management. |
Willis Lease Finance Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Willis Lease Finance Corporation is medium due to the presence of alternative financing options for aircraft leasing, but the company's expertise and reputation in the industry mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of aircraft leasing and the limited number of players in the market, giving Willis Lease Finance Corporation an upper hand in negotiations.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of a few large aircraft manufacturers, but Willis Lease Finance Corporation's diversified portfolio and long-term relationships with suppliers reduce this threat.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the aircraft leasing industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the aircraft leasing industry, with several established players vying for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 78.70% |
| Debt Cost | 4.69% |
| Equity Weight | 21.30% |
| Equity Cost | 8.84% |
| WACC | 5.57% |
| Leverage | 369.43% |
Willis Lease Finance Corporation : Quality Control
Willis Lease Finance Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| EBF | Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated … |
| PRG | PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers … |
| REVG | REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire … |
| HEES | H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and … |
| FPAY | FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. It offers durable products, including consumer … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Ennis
A-Score
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REV Group
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Willis Lease Finance
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1-Year Total Return ->
4
PROG Holdings
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5
H&E Equipment Services
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1-Year Total Return ->
6
