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15.9 (1y: +41%)
Market Cap 1.09 B P/E(ttm) 45.40
Enterprise Value 4.29 B P/B 0.80
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.155
AYR's Cash to Debt is ranked lower than
76% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.26 vs. AYR: 0.155 )
AYR' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: 0.16
Equity to Asset 0.244
AYR's Equity to Asset is ranked lower than
61% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.35 vs. AYR: 0.244 )
AYR' s 10-Year Equity to Asset Range
Min: 0.24   Max: 0.95
Current: 0.24
0.24
0.95
Interest Coverage 0.2
AYR's Interest Coverage is ranked lower than
84% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 20.00 vs. AYR: 0.2 )
AYR' s 10-Year Interest Coverage Range
Min: 0   Max: No Debt
Current: 0.2
F-Score: 6
Z-Score: -0.38
M-Score: -2.57
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 5.00
AYR's Operating margin (%) is ranked lower than
89% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 8.50 vs. AYR: 5.00 )
AYR' s 10-Year Operating margin (%) Range
Min: -1832.1   Max: 56.6
Current: 5
-1832.1
56.6
Net-margin (%) 4.8
AYR's Net-margin (%) is ranked lower than
89% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 4.80 vs. AYR: 4.8 )
AYR' s 10-Year Net-margin (%) Range
Min: -1878.2   Max: 33.4
Current: 4.8
-1878.2
33.4
ROE (%) 2.3
AYR's ROE (%) is ranked lower than
85% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 8.40 vs. AYR: 2.3 )
AYR' s 10-Year ROE (%) Range
Min: -1.5   Max: 10.4
Current: 2.3
-1.5
10.4
ROA (%) 0.6
AYR's ROA (%) is ranked lower than
83% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 3.20 vs. AYR: 0.6 )
AYR' s 10-Year ROA (%) Range
Min: -1.4   Max: 2.9
Current: 0.6
-1.4
2.9
ROC (Joel Greenblatt) (%) 0.70
AYR's ROC (Joel Greenblatt) (%) is ranked lower than
80% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 11.60 vs. AYR: 0.70 )
AYR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1.5   Max: 6.3
Current: 0.7
-1.5
6.3
Revenue Growth (%) 7.3
AYR's Revenue Growth (%) is ranked higher than
78% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.10 vs. AYR: 7.3 )
AYR' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 47.6
Current: 7.3
0
47.6
EBITDA Growth (%) 1.4
AYR's EBITDA Growth (%) is ranked higher than
81% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.10 vs. AYR: 1.4 )
AYR' s 10-Year EBITDA Growth (%) Range
Min: -7.9   Max: 39.3
Current: 1.4
-7.9
39.3
EPS Growth (%) -22.7
AYR's EPS Growth (%) is ranked higher than
86% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.50 vs. AYR: -22.7 )
AYR' s 10-Year EPS Growth (%) Range
Min: -22.7   Max: 248.8
Current: -22.7
-22.7
248.8
ยป AYR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

AYR Guru Trades in Q2 2012

Donald Smith 2,986,804 sh (+75.03%)
David Dreman 2,340,724 sh (+0.3%)
Murray Stahl 73,633 sh (-6.4%)
Jim Simons 1,006,519 sh (-26.15%)
Paul Tudor Jones 31,000 sh (-44.84%)
» More
Q3 2012

AYR Guru Trades in Q3 2012

Steven Cohen 26,492 sh (New)
Paul Tudor Jones 59,100 sh (+90.65%)
Donald Smith 4,213,776 sh (+41.08%)
David Dreman 2,281,997 sh (-2.51%)
Murray Stahl 65,515 sh (-11.02%)
Jim Simons 527,100 sh (-47.63%)
» More
Q4 2012

AYR Guru Trades in Q4 2012

Donald Smith 5,561,032 sh (+31.97%)
Murray Stahl Sold Out
David Dreman 2,256,033 sh (-1.14%)
Paul Tudor Jones 39,500 sh (-33.16%)
Steven Cohen 12,932 sh (-51.19%)
Jim Simons 31,800 sh (-93.97%)
» More
Q1 2013

AYR Guru Trades in Q1 2013

Jim Simons 197,300 sh (+520.44%)
Donald Smith 5,656,837 sh (+1.72%)
Steven Cohen Sold Out
David Dreman 2,233,642 sh (-0.99%)
Paul Tudor Jones 22,300 sh (-43.54%)
» More
» Details

Insider Trades

Latest Guru Trades with AYR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Donald Smith 2012-12-31 Add 31.97%0.46%$10.98 - $12.61 $ 15.9738%5561032
Donald Smith 2012-09-30 Add 41.08%0.41%$11.34 - $12.89 $ 15.9733%4213776
Donald Smith 2012-06-30 Add 75.03%0.47%$10.8 - $12.53 $ 15.9737%2986804
Donald Smith 2012-03-31 Add 41.85%0.18%$12.43 - $14.29 $ 15.9728%1706443
Donald Smith 2011-12-31 Add 364.2%0.37%$8.83 - $12.85 $ 15.9738%1203015
Donald Smith 2011-09-30 New Buy0.09%$9.76 - $12.54 $ 15.9741%259158
David Dreman 2011-03-31 New Buy0.72%$10.36 - $12.97 $ 15.9739%3168258
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 45.40
AYR's P/E(ttm) is ranked higher than
64% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 15.70 vs. AYR: 45.40 )
AYR' s 10-Year P/E(ttm) Range
Min: 1.91   Max: 45.6
Current: 45.4
1.91
45.6
P/B 0.80
AYR's P/B is ranked higher than
81% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.27 vs. AYR: 0.80 )
AYR' s 10-Year P/B Range
Min: 0.19   Max: 2.84
Current: 0.8
0.19
2.84
P/S 1.60
AYR's P/S is ranked lower than
67% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.89 vs. AYR: 1.60 )
AYR' s 10-Year P/S Range
Min: 0.38   Max: 10.11
Current: 1.6
0.38
10.11
EV-to-EBIT 200
AYR's EV-to-EBIT is ranked higher than
56% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 16.80 vs. AYR: 200 )
AYR' s 10-Year EV-to-EBIT Range
Min: 9.5   Max: 198.5
Current: 200
9.5
198.5
PEG 32.4
AYR's PEG is ranked lower than
62% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.20 vs. AYR: 32.4 )
AYR' s 10-Year PEG Range
Min: 0.46   Max: 135.97
Current: 32.4
0.46
135.97
Shiller P/E 11.5
AYR's Shiller P/E is ranked higher than
90% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 12.55 vs. AYR: 11.5 )
AYR' s 10-Year Shiller P/E Range
Min: 6.9   Max: 11.7
Current: 11.5
6.9
11.7

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 3.90
AYR's Dividend Yield is ranked higher than
90% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.31 vs. AYR: 3.90 )
AYR' s 10-Year Dividend Yield Range
Min: 1.82   Max: 38.98
Current: 3.9
1.82
38.98
Dividend Payout 1.884
AYR's Dividend Payout is ranked lower than
85% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.56 vs. AYR: 1.884 )
AYR' s 10-Year Dividend Payout Range
Min: 0.3   Max: 1.32
Current: 1.88
0.3
1.32
Dividend growth (3y) 11.4
AYR's Dividend growth (3y) is ranked higher than
92% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: -4.95 vs. AYR: 11.4 )
AYR' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 11.4
Current: 11.4
0
11.4
Yield on cost (5-Year) 3.23
AYR's Yield on cost (5-Year) is ranked lower than
56% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.24 vs. AYR: 3.23 )
AYR' s 10-Year Yield on cost (5-Year) Range
Min: 1.47   Max: 31.45
Current: 3.23
1.47
31.45
Share Buyback Rate 2.4
AYR's Share Buyback Rate is ranked higher than
96% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: -2.60 vs. AYR: 2.4 )
AYR' s 10-Year Share Buyback Rate Range
Min: 2.4   Max: -35.9
Current: 2.4

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 0.8
AYR's Price/Tangible Book is ranked higher than
56% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.80 vs. AYR: 0.8 )
AYR' s 10-Year Price/Tangible Book Range
Min: 0.3   Max: 2.1
Current: 0.8
0.3
2.1
Price/Median PS Value 1.1
AYR's Price/Median PS Value is ranked higher than
65% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.00 vs. AYR: 1.1 )
AYR' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 5
Current: 1.1
0.4
5
Price/Graham Number 1.1
AYR's Price/Graham Number is ranked lower than
67% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.90 vs. AYR: 1.1 )
AYR' s 10-Year Price/Graham Number Range
Min: 0.2   Max: 1.6
Current: 1.1
0.2
1.6
Earnings Yield (Greenblatt) 0.50
AYR's Earnings Yield (Greenblatt) is ranked higher than
63% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 6.65 vs. AYR: 0.50 )
AYR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 10.6
Current: 0.5
0.5
10.6
Forward Rate of Return (Yacktman) -23.88
AYR's Forward Rate of Return (Yacktman) is ranked higher than
71% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.41 vs. AYR: -23.88 )
AYR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -94   Max: -28.4
Current: -23.88
-94
-28.4

Business Description

Aircastle Limited is a Bermuda exempted company that was incorporated on October 29, 2004 by Fortress Investment Group LLC and certain of its affiliates. It is a global company that acquires, leases and sells high-utility commercial jet aircraft to passenger and cargo airlines throughout the world. High-utility aircraft are generally modern, operationally efficient jets with a large operator base and long useful lives. As of December 31, 2008, the Company's aircraft portfolio consisted of 130 aircraft that were leased to 55 lessees located in 31 countries, and managed through its offices in the United States, Ireland and Singapore. Typically, its aircraft are subject to net operating leases whereby the lessee is generally responsible for maintaining the aircraft and paying operational, maintenance and insurance costs, although, in a majority of cases, the Company is obligated to pay a portion of specified maintenance or modification costs. From time to time, the Company also makes investments in other aviation assets, including debt investments secured by commercial jet aircraft. The aircraft leasing industry is highly competitive and might be divided into three basic activities: aircraft acquisition, leasing or re-leasing of aircraft, and aircraft sales. Competition varies among these three basic activities. Currently, the Company's competition for aircraft acquisitions includes airlines as well as aircraft leasing companies, including CIT Group, AerCap Holdings NV, Genesis Lease Limited, Macquarie Aircraft Leasing, AWAS, Volito, Babcock & Brown Air Ltd, Aviation Capital Group and RBS Aviation Capital. Competition for new aircraft acquisitions includes these leasing companies as well as International Lease Finance Corp., or ILFC, GE Commercial Aviation Services, or GECAS, BOC Aviation and Allco. The air transportation industry is highly regulated. The Company's lessees are subject to extensive, direct regulation under the laws of the jurisdiction in which they are registered and under which they operate. Such laws govern, among other things, the registration, operation and maintenance of the Company's aircraft.
Company Website
SEC Reports
Industry: Rental & Leasing Services
Compare:BOX, TAL, HTZ, URI, R
Traded in other countries:G7V.Germany
ยป More Articles for AYR

Headlines

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Dividend Roundup: SPRD, STEI, GIS, AYR, ODC Jun 29 2011 
Dreman Value Management Q1 Portfolio Update May 13 2011 
Aircastle Ltd. Reports Operating Results (10-Q) Nov 05 2010 
The Hardest Hit Aircraft Leasing Companies are Beginning to Rebound: Aercap Holdings, Aircastle, FLY Sep 25 2010 
Aircastle Ltd. (AYR) CEO Ron Wainshal buys 5,000 Shares Aug 31 2010 
Aircastle Ltd. Reports Operating Results (10-Q) May 05 2010 

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