Valuation Trading Multiples & Precedent Transactions: Commercial Aircraft and Equipment Manufacturers
Valuation benchmarks for Commercial Aircraft and Equipment Manufacturers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Commercial Aircraft and Equipment Manufacturers Market Context & Valuation Drivers
Companies in this trading comparables group design, manufacture, and support commercial aircraft platforms and the critical systems and components that enable them. Business models span OEM airframe producers and Tier‑1/2 suppliers generating revenue from new deliveries, installed base spares, and long-term aftermarket services. They are grouped together as valuation benchmarks due to shared exposure to airline demand cycles, program backlogs, delivery schedules, and recurring aftermarket revenue streams.
Typical capabilities include airframe design and assembly, aero-engine development and manufacturing, landing gear and braking systems, avionics and flight controls, aircraft interiors and cabin electronics, structural components and pylons, and comprehensive maintenance, repair, and overhaul with upgrades and retrofits. Many also provide supply chain management, OEM-certified spares, and reliability engineering to support fleet availability, integrating with airline operations and digital maintenance platforms to enhance lifecycle performance and cost efficiency.
Primary customers include global airlines and cargo operators, aircraft leasing companies, and OEM procurement and MRO organizations. Valuation drivers center on order backlog and book‑to‑bill, delivery volumes, aftermarket mix, operating margins, and free cash flow conversion, alongside program exposure and platform competitiveness. Recurring service revenue, installed base growth, and customer stickiness via long‑term maintenance agreements are critical outcomes that underpin comparability across the group.
2. Valuation Analysis: Public Trading Comps & Multiples for Commercial Aircraft and Equipment Manufacturers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Commercial Aircraft and Equipment Manufacturers sector
Comparable group 1: Commercial Aircraft and Equipment Manufacturers
Avic Shenyang Aircraft
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of aircraft manufacturing and design solutions, specializing in civilian and commercial planes, structural aircraft components, and aerospace technologies under the state-owned AVIC corporation
- Key Products:
- Airframe Assemblies: Manufacturing of fuselage, wings, and empennage components
- Aircraft Doors: Design and production of doors for commercial aircraft
- Engine Components: Fabrication of essential engine parts and pylons
- Structural Components: Development of aircraft structural parts for stability
- Final Assembly Services: Comprehensive assembly solutions for complete aircraft production
Avic Xian Aircraft
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of automation transaction devices, specializing in research and development, manufacturing, and distribution of products such as mPOS, cloudPOS, POS terminals, PIN pads, and other commerce-specific devices.
- Key Products:
- Secure Android platform: Integrated POS for ECR POS & Customer Facing Device
- Handheld & Desktop Use Case: Modular platform for mobile payments and data collection
- Readers, Printers, and Devices: Wide range of devices for secure payments and authentication
- Unattended Outdoor Payment Solution: Durable terminals for outdoor transactions
- Payment Application: Secure and versatile payment software for various industries.