Embraer-Empresa Brasileira de Aeronautica (EMBJ) vs FTAI Aviation Ltd. (FTAI)

Embraer-Empresa Brasileira de Aeronautica and FTAI Aviation Ltd. are both Aerospace & Defense companies. FTAI Aviation Ltd. is the larger, with a market value of $16.6B against $13.2B — 1.3× the size. Embraer-Empresa Brasileira de Aeronautica trades at the lower P/E: 30.1× against 32.5×. FTAI Aviation Ltd. grew revenue faster over the last twelve months: 46.0% against 20.4%. FTAI Aviation Ltd. has the higher net margin (15.0% vs 5.35%) and the lower return on invested capital (9.12% vs 11.8%). Both pay a dividend; Embraer-Empresa Brasileira de Aeronautica yields more (1.13% vs 1.04%). Across the 22 metrics below, Embraer-Empresa Brasileira de Aeronautica leads on 12 and FTAI Aviation Ltd. on 10.

Valuation

Metric EMBJ FTAI Aerospace & Defense median
P/E 30.07 32.46 28.48
P/S 1.59 4.88 2.95
P/B 3.47 38.59 2.68
Price to free cash flow 18.95 37.54 31.70
EV/EBITDA 13.34 19.76 16.85
EV/Sales 1.62 5.78 2.74
Earnings yield 3.33% 3.08% 0.89%
Free cash flow yield 5.28% 2.66% 0.00%

Profitability

Metric EMBJ FTAI Aerospace & Defense median
Gross margin 17.89% 37.12% 26.41%
Operating margin 8.93% 22.29% 3.69%
Net margin 5.35% 14.98% 2.74%
Free cash flow margin 8.41% 13.01% 0.00%
Return on equity 11.99% 149.53% 4.44%
Return on assets 3.52% 11.33% 1.90%
Return on invested capital 11.76% 9.12% 0.26%

Growth

Metric EMBJ FTAI Aerospace & Defense median
Revenue growth (TTM) 20.38% 46.04% 18.03%
EPS growth (last fiscal year) 0.00% 1,537.50% 24.80%
Revenue growth, 5-year CAGR 14.98% 53.12% 9.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EMBJ FTAI Aerospace & Defense median
Debt to equity 0.61 7.97 0.20
Current ratio 1.44 3.82 2.85
Net debt to EBITDA (0.17) 3.08 1.29

Dividend

Metric EMBJ FTAI Aerospace & Defense median
Dividend yield 1.13% 1.04% 0.91%
Payout ratio 0.34 0.34 0.30

Size

Metric EMBJ FTAI Aerospace & Defense median
Market cap 13.20b 16.61b 1.78b

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