Stock fact sheet · data as of
AerSale Corporation (ASLE): fair value, margin of safety and Wheel Score
Industrials · Airlines, Airports & Air Services · United States · Speculative / Distressed
Is ASLE undervalued?
At 4.69 (close of 16 Oct 2026), ASLE trades 52% below the GLS average fair value of 9.72. That average comes from 1 models run on the latest filings, and 1 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns AerSale Corporation the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The average is built from just 1 models (DCF) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files ASLE under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for ASLE
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 9.72 | +107% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.11 | -76% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 13.50 | +188% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
AerSale Corporation scores only 1 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 1.3/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.5%, ROE 2.0%, ROA 1.3% - with debt at 0.34 times equity and negative free cash flow.
AerSale Corporation pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Product 45%, Services 37%, Leasing 17% (quarter Q2 FY2026).
Institutional ownership scores 8/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 1 / 9 | ROIC | 1.5% |
|---|---|---|---|
| GLS Moat | 1.3 / 10 | ROE | 2.0% |
| Debt / equity | 0.34 | ROA | 1.3% |
| Free-cash-flow yield | -17.5% | Payout ratio | 0% |
| Institutions | 8 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 AerSale Corporation sits in the Weak band, capped at 45 because the engine files it as Speculative / Distressed. The parts - Value 25/25, Health 2/20, Moat 2/15, Premium 17/20, Stability 10/20 - show where: Health (2/20) scores lowest.
Implied volatility is 72% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (17 of 20) because volatility this high usually comes with a reason. Chain open interest is 5,034 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 400k shares a day on a market cap of $224M, with a beta of 0.24 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 10 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 52% margin of safety | |
| Health | 2 / 20 | Piotroski 1/9 | |
| Moat | 2 / 15 | moat 1.3/10 | |
| Premium | 17 / 20 | implied volatility 72% | |
| Stability | 10 / 20 | 400k shares/day, $224M cap, beta 0.24 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 5 Nov 2026, 20 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Airlines, Airports & Air Services
The 12 companies below are the closest to AerSale Corporation by market cap within the Airlines, Airports & Air Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HRBR Harbor Diversified, Inc. | 2.38 | - | - | 21No options | $139M |
| UP Wheels Up Experience Inc. | 3.20 | - | - | 30Weak | $116M |
| SRFM Surf Air Mobility Inc. | 0.8342 | - | - | 27No options | $111M |
| FLYX flyExclusive, Inc. | 1.18 | - | - | 34No options | $95M |
| VLRS Controladora Vuela Compañía de Aviación, S.A.B. de C.V. | 5.94 | 94.66 | +94% | 45Weak | $683M |
| RJET Republic Airways Holdings Inc. | 15.76 | 19.33 | +18% | 39No options | $738M |
| PHIG PHI Group, Inc. | 31.00 | 30.16 | -3% | 24No options | $754M |
| ULCC Frontier Group Holdings, Inc. | 4.88 | - | - | 43Weak | $1.1B |
| JBLU JetBlue Airways Corporation | 3.15 | - | - | 45Weak | $1.2B |
| AZUL Azul S.A. | 6.87 | 0.3746 | -1734% | 18Weak | $1.3B |
| ALGT Allegiant Travel Company | 70.40 | 76.85 | +8% | 62Fair | $1.9B |
| QNME Quanome Technologies, Inc. | 0.6057 | - | - | 27No options | $21M |
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Start free See the Sunday ScanQuestions about ASLE
Is ASLE undervalued right now?
By the GLS models, yes: at 4.69 the stock is 52% below the average fair value of 9.72 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ASLE and what does it mean?
ASLE scores 45 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for ASLE?
9.72 per share as of 16 Oct 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does AerSale Corporation report earnings next?
The next earnings report is due on 5 Nov 2026, 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ASLE have listed options, and how liquid are they?
Yes. The nightly snapshot found 42 listed contracts with 5,034 open interest across all expiries and implied volatility of 72% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.