AerSale Corporation

AI-generated fair value estimate for this company.

Method: 10-year two-stage unlevered FCF DCF: normalized FCF base of $15M (approx. 5% FCF margin on $303.7M trailing revenue, versus a current trailing FCF of -$20.5M depressed by lumpy flight-equipment sales timing); 5% growth years 1-5, 3% years 6-10, reflecting steady leasing/MRO growth offsetting equipment-sales volatility; 11% discount rate for leverage and cyclicality; 2.5% terminal growth; $167.5M net debt ($177.9M debt less $10.4M cash) subtracted; 47.73M shares outstanding.

Reasoning: AerSale's aviation aftermarket business is real and ongoing but its trailing free cash flow is temporarily negative due to the lumpy timing of flight-equipment sales rather than a structural decline, so a normalized long-run FCF margin was used as the DCF base instead of the depressed trailing figure.