Added to YB: 2026-10-09
Pitch date: 2026-10-07
AVAP.L [bullish]
Avation PLC
-2.8%
current return
Author Info
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Company Info
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines in Europe and the Asia-Pacific.
Market Cap
GBP 111.8M
Pitch Price
GBP 1.43
Price Target
N/A
Dividend
0.80%
EV/EBITDA
6.83
P/E
14.34
EV/Sales
5.72
Sector
Trading Companies and Distributors
Category
value
AVAP - makes no money
AVAP.L: Avation trades at 139p, ~44% of NAV and an illustrative 2.6x FY30 P/E if its planned 23-aircraft expansion lifts profit to $39.5m. The existing $0.75bn fleet earns an estimated 5.9-6% rental-financing spread, while legacy purchase rights and secured funding make additions cash-efficient. The case depends on executing the production-constrained rollout and proving purchase prices, lease yields and per-share NAV growth on a highly leveraged balance sheet.
Read full article (12 min)