AerSale ROIC
What is the ROIC of AerSale?
The ROIC of AerSale Corporation is -1.44%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Industrials sector on NASDAQ compared to AerSale
What does AerSale do?
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment also provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.
Companies with roic similar to AerSale
- Pure Minerals has ROIC of -1.45%
- GX Acquisition has ROIC of -1.45%
- Transocean Ltd has ROIC of -1.45%
- TRF has ROIC of -1.45%
- Nicolas Miguet et Associes SA has ROIC of -1.45%
- Vital Mobile has ROIC of -1.45%
- AerSale has ROIC of -1.44%
- Fission Uranium has ROIC of -1.44%
- Boingo Wireless Inc has ROIC of -1.44%
- Brockman Mining has ROIC of -1.44%
- Binny has ROIC of -1.44%
- Orient Paper & Industries has ROIC of -1.43%
- Cheniere has ROIC of -1.43%