Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Saker Aviation Services, Inc. is a U.S.-based company providing a diverse array of services within the general aviation sector. Its primary operations include managing a heliport and a fixed-base operation (FBO), offering extensive aircraft maintenance, repair, and overhaul (MRO) solutions, and serving as a consultant for a seaplane base. The company also delivers crucial ground support services like aircraft fueling and storage, accommodating general aviation, commercial, and military aircraft, in addition to other ancillary offerings. Key operational sites for Saker Aviation Services include managing the Downtown Manhattan Heliport and overseeing both FBO and MRO activities at the Garden City Regional Airport in Kansas. Established in 2003, the company is headquartered in New York, New York, and was previously named FirstFlight, Inc. before its rebranding in September 2009.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.