AerSale Corporation (ASLE) vs Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC)

AerSale Corporation and Grupo Aeroportuario Del Pacifico, S.A. de C.V. are both Airports & Air Services companies. Grupo Aeroportuario Del Pacifico, S.A. de C.V. is the larger, with a market value of $11.0B against $262.0M — 41.9× the size. AerSale Corporation has negative trailing earnings, so its P/E is not meaningful; Grupo Aeroportuario Del Pacifico, S.A. de C.V. trades at 19.2×. Grupo Aeroportuario Del Pacifico, S.A. de C.V. grew revenue faster over the last twelve months: 14.5% against −13.4%. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has the higher net margin (24.5% vs −1.23%) and the higher return on invested capital (11.0% vs 0.28%). Across the 20 metrics below, Grupo Aeroportuario Del Pacifico, S.A. de C.V. leads on 12 and AerSale Corporation on 8.

Valuation

Metric ASLE PAC Airports & Air Services median
P/E n/m 19.18 —
P/S 0.84 5.45 2.67
P/B 0.61 4.04 2.64
Price to free cash flow n/m 46.61 —
EV/EBITDA 10.37 12.51 9.48
EV/Sales 0.83 6.57 2.90
Earnings yield (1.53%) 5.21% 1.84%
Free cash flow yield (13.90%) 2.15% (2.65%)

Profitability

Metric ASLE PAC Airports & Air Services median
Gross margin 28.86% 78.88% 34.42%
Operating margin 0.61% 43.56% 12.44%
Net margin (1.23%) 24.51% 6.20%
Free cash flow margin (11.71%) 11.69% 5.08%
Return on equity (0.90%) 27.15% 24.83%
Return on assets (0.56%) 9.57% 2.84%
Return on invested capital 0.28% 11.04% 5.66%

Growth

Metric ASLE PAC Airports & Air Services median
Revenue growth (TTM) (13.38%) 14.49% 12.21%
EPS growth (last fiscal year) 63.64% 7.05% —
Revenue growth, 5-year CAGR 9.92% 31.18% 26.64%
Net income growth, 5-year CAGR 1.16% 40.15% 1.16%

Health

Metric ASLE PAC Airports & Air Services median
Debt to equity 0.01 1.19 0.48
Current ratio 3.27 0.84 1.31
Net debt to EBITDA (0.12) 1.99 0.72

Dividend

Metric ASLE PAC Airports & Air Services median
Dividend yield — 4.25% —
Payout ratio 0.00 0.58 0.00

Size

Metric ASLE PAC Airports & Air Services median
Market cap 262.02m 10.98b 4.06b

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