BOC Aviation Limited (2588) Fair Value & Analysis
Industrials · HK · Market cap HK$56.9B
Fair value as of: Aug 13, 2026
From 15 valuation models · updated today
Share price −3.1% over the past month.
A solid business, but screening 75% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (HK$24.20). The favourable scenario is already priced in.
- Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (HK$13.03 to HK$24.20) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range HK$38.97 – HK$89.04 · fair‑value band HK$13.03 – HK$24.20 · the HK$74.50 price screens above the HK$18.61 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
BOC Aviation Limited (2588) currently trades at HK$74.50, while our model-based Fair Value estimate is HK$18.61, implying the stock looks roughly 75.0% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, BOC Aviation Limited generated revenue of HK$2.3B at a net margin of 34.3%. Revenue grew 7.5% year over year. It earns a return on equity of 11.9%. Net debt stands at HK$16.8B. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$13.03 (bear case) to HK$24.20 (bull case); at HK$74.50, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 7% fair-value upside, at -75%, 2588 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 15 models by family
Widest divergence: Multiples (HK$23.82) versus Asset-Based (HK$6.60). Highest evidence: Residual Income (76).
Notify me when 2588 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 46 · Market factors (momentum, volatility) 52
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
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.
Full company description
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.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
BOC Aviation Limited reported revenue of HK$2.4B in FY2025 versus HK$2.0B in FY2021, a compound +4.2%/yr. Reported net income was HK$787M in FY2025, compounding +8.8%/yr from FY2021.
of which total revenue +9.1 pp · buybacks/dilution −1.5 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
2588 screens 75% overvalued. Compare with United Rentals, Inc →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- BOC Aviation confirms order for up to 220 engines from RTX's Pratt & Whitney
- Is BOC Aviation (SEHK:2588) Undervalued? A Fresh Look at Its Quiet but Steady Performance
- Boeing Wins Order to Supply 50 737-8 Airplanes to BOC Aviation
- Boeing Secures BOC Aviation Order For 50 737 Max Jets
Peer Group
Rental & Leasing Services · 98 stocks
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.
Valuation Multiples vs Rental & Leasing Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| United Rentals, Inc URI | $1,129 | $449.86 | -60% |
| Sunbelt Rentals Holdings SUNB | $80.55 | $65.76 | -18% |
| AerCap Holdings AER | $150.25 | $301.51 | +101% |
| Ryder System, Inc R | $262.96 | $109.71 | -58% |
| Ayvens AYV | €11.68 | €25.90 | +122% |
| Localiza Rent a Car S.A RENT3 | R$34.71 | R$37.01 | +7% |
| Element Fleet Management Corp EFN | C$27.95 | C$15.06 | -46% |
| GATX Corporation GATX | $177.56 | $140.90 | -21% |
| Avis Budget Group CAR | $139.58 | $158.11 | +13% |
| WillScot Holdings WSC | $22.89 | $43.19 | +89% |
Compare BOC Aviation Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is BOC Aviation Limited (2588) overvalued or undervalued?
What is the fair value of 2588?
What is the quality score of 2588?
What is the revenue of BOC Aviation Limited (2588)?
What is the net profit margin of 2588?
Does BOC Aviation Limited pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track BOC Aviation Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.