BOC Aviation Limited (BCVVF) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of BOC Aviation Limited $17.69, price $9.38, upside +88.5%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch BOC Aviation Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $3.80 – $10.28 · fair‑value band $7.63 – $22.90 · the $9.38 price screens below the $17.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow BOC Aviation in your weekly email
Every Wednesday you see whether BOC Aviation is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
BOC Aviation Limited operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.
Show more
BOC Aviation Limited operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company offers a range of services to airlines and aircraft owners, including direct operating and finance leases, sale and leaseback facilities, engine finance leases, and third-party asset management. It also provides aircraft remarketing and technical management services to airlines, banks, and other investors; debt financing and other financial services for airlines; and lease management services for its assets, as well as sells aircraft. The company operates a fleet of owned, managed, and on order aircraft. The company was incorporated in 1993 and is headquartered in Singapore. BOC Aviation Limited is a subsidiary of Bank of China Limited.
Stock analysis
BOC Aviation Limited (BCVVF) currently trades at $9.38, while our model-based Fair Value estimate is $17.69, implying the stock looks roughly 46.9% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $19.31 per share, and 7 of the 13 models we run sit above the $9.38 price.
Bear case: the Dividend Discount group reads lowest at $6.28, and 6 of the 13 models stay below the price. Evidence for this calculation is high.
Scenario range: $7.63 (bear) to $22.90 (bull), the price of $9.38 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 56/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
BOC Aviation Limited reported revenue of $2.4B in FY2025 versus $2.0B in FY2021, a compound +4.2%/yr. Reported net income was $788M in FY2025, compounding +8.9%/yr from FY2021.
Key figures
Market cap $6.5B · P/E ratio 8.3 · P/S ratio 2.72 · EPS (TTM) $1.13 · Dividend yield 4.8% · Net margin 32.7% · Return on equity 11.9% · Return on assets (EBIT) 6.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at 89%, BCVVF screens cheaper than that median.
Fair Value models
Bear $7.63Fair Value $17.69Bull $22.90
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.5112 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.34/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.2%
Start year 2020 (pandemic). Over 10 years: +9.0% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+25.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+20.9%
Dividend (yield on the price)4.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.61.3% vs 31.3%, picking up
Profit margin 2019 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.62% → 61%
2025 sits 703% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
News mood ⓘNews mood, the average tone of recent news (38 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Rental & Leasing Services · 88 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is BOC Aviation Limited (BCVVF) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $17.69 versus the last price from Sep 25, 2026 of $9.38, about +89% upside (undervalued).
What is the fair value of BCVVF?
Our model-based fair value for BOC Aviation Limited is $17.69 (as of Sep 23, 2026), built from audited fundamentals. Last price (from Sep 25, 2026): $9.38.
What is the quality score of BCVVF?
BOC Aviation Limited has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for BOC Aviation Limited (BCVVF)?
Our model-based price target is the fair value of $17.69 (as of Sep 23, 2026) from 15 valuation models. Cautious scenario $7.63, optimistic scenario $22.90. It is a calculation from audited fundamentals, not an analyst target.
What is the BOC Aviation Limited stock forecast for 2026?
Our models put fair value at $17.69, about +89% upside versus the last price from Sep 25, 2026 of $9.38 (undervalued). Cautious scenario $7.63, optimistic scenario $22.90. The calculation is refreshed regularly with new filings.
What is the revenue of BOC Aviation Limited (BCVVF)?
BOC Aviation Limited reported trailing-twelve-month revenue of about $2.3B (latest available figure, as of Sep 23, 2026).
Does BOC Aviation Limited pay a dividend?
BOC Aviation Limited currently shows a dividend yield of about 4.84% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of BOC Aviation Limited (BCVVF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BOC Aviation Limited it is $17.69 per share (as of Sep 23, 2026), against a price of $9.38. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is BOC Aviation Limited stock overvalued or undervalued in 2026?
As of Sep 23, 2026, BCVVF trades below its calculated fair value: price $9.38, fair value $17.69, a gap of about +89% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BCVVF?
No. The price is what the market pays today ($9.38); the fair value is what the company's own numbers justify ($17.69). For BOC Aviation Limited the two are $8.31 per share apart. That gap is exactly why we show both numbers side by side.
How much is BOC Aviation Limited worth?
The market values BOC Aviation Limited at about $6.5B (market capitalisation, as of Sep 23, 2026). Per share that is $9.38; our models calculate a fair value of $17.69 per share.
What do the bullish and bearish scenarios say about BCVVF?
Our models span a range for BOC Aviation Limited: cautious scenario $7.63, base $17.69, optimistic $22.90 per share (as of Sep 23, 2026, price $9.38). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BCVVF?
BOC Aviation Limited trades at a price-to-earnings ratio of 8.3 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $17.69 is built from several models across several years. Other multiples: PEG 4.0, P/B 1.0, P/S 2.8, EV/EBITDA 15.6.
What is the PEG ratio of BCVVF?
The PEG ratio of BOC Aviation Limited is 3.98 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of BOC Aviation Limited (BCVVF)?
Balance-sheet figures for BOC Aviation Limited (as of Sep 23, 2026): return on equity 11.9%, debt of 2.23 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
Which stocks are comparable to BOC Aviation Limited?
From the same area (Industrials) we also value United Rentals, Inc, Sunbelt Rentals Holdings, AerCap Holdings, U-Haul Holding, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is BOC Aviation Limited stock attractive at the current price?
The data as of Sep 23, 2026: price $9.38, calculated fair value $17.69 (+89%), Quality Score 56/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BCVVF calculated?
We run BOC Aviation Limited through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $17.69, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. BOC Aviation Limited currently trades 47 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of BOC Aviation Limited (BCVVF)?
The latest price we hold is from Sep 25, 2026 and stands at $9.38. Our model-based fair value is $17.69, about +89% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BOC Aviation Limited right now?
The model range is unusually wide ($7.63 to $22.90). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of BOC Aviation Limited (BCVVF) come from?
Earnings per share at BOC Aviation Limited grew +12.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +11.7 %, EBIT margin +1.1 %, tax rate +0.0 %, residual (interest, one-offs) −0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of BOC Aviation Limited
How large is the market capitalisation of BOC Aviation Limited (BCVVF)?
The market capitalisation of BOC Aviation Limited is $6.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of BOC Aviation Limited (BCVVF)?
The price-to-sales ratio of BOC Aviation Limited is 2.72 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BOC Aviation Limited (BCVVF)?
Earnings per share at BOC Aviation Limited are $1.13 (price ÷ EPS = P/E 8.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of BOC Aviation Limited (BCVVF)?
The dividend yield of BOC Aviation Limited is 4.8% (payout 40.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of BOC Aviation Limited (BCVVF)?
The net margin of BOC Aviation Limited is 32.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of BOC Aviation Limited (BCVVF)?
The return on equity (ROE) of BOC Aviation Limited is 11.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of BOC Aviation Limited (BCVVF)?
On an EBIT basis the return on assets of BOC Aviation Limited is 6.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of BOC Aviation Limited (BCVVF)?
The operating margin of BOC Aviation Limited is 60.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BOC Aviation Limited (BCVVF)?
Revenue at BOC Aviation Limited is growing +7.5% versus a year earlier (3y avg +7.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at BOC Aviation Limited (BCVVF)?
Earnings per share at BOC Aviation Limited are growing −4.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does BOC Aviation Limited (BCVVF) generate?
The free cash flow of BOC Aviation Limited is −$2.1B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does BOC Aviation Limited (BCVVF) carry?
The net debt of BOC Aviation Limited is $16.8B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch BOC Aviation Limited in the live analysis
One click puts BOC Aviation Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Broad data
Sep 23, 2026