Is AerCap Holdings NV overvalued or undervalued?

As of 8 May 2025, AerCap Holdings NV's valuation grade has moved from expensive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its metrics, with a P/E ratio of 11, an EV to EBITDA of 10.15, and a dividend yield of 29.54%. These ratios suggest that the stock is reasonably priced compared to its earnings and cash flow generation capabilities.
In comparison with peers, AerCap's P/E ratio of 10.43 is notably lower than SoFi Technologies, Inc. at 33.11, while Blue Owl Capital Corp. presents a more attractive valuation with a P/E of 11.29. The company's return performance has also been strong, with a year-to-date return of 20.27%, significantly outperforming the S&P 500's 2.44% during the same period. Overall, AerCap Holdings NV appears to be fairly valued in the current market landscape.