Alabama Aircraft Industries (OTCMKTS:AAIIQ) versus Joby Aviation (NYSE:JOBY) Financial Analysis

Alabama Aircraft Industries (OTCMKTS:AAIIQ) and Joby Aviation (NYSE:JOBY) are both aerospace companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Profitability

This table compares Alabama Aircraft Industries and Joby Aviation’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alabama Aircraft Industries	N/A	N/A	N/A
Joby Aviation	-42,844.57%	-51.76%	-42.62%

Analyst Recommendations

This is a summary of recent ratings and price targets for Alabama Aircraft Industries and Joby Aviation, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alabama Aircraft Industries	0	0	0	0	0.00
Joby Aviation	0	1	4	0	2.80

Joby Aviation has a consensus price target of $8.35, suggesting a potential upside of 31.91%. Given Joby Aviation’s stronger consensus rating and higher probable upside, analysts plainly believe Joby Aviation is more favorable than Alabama Aircraft Industries.

Valuation and Earnings

This table compares Alabama Aircraft Industries and Joby Aviation”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alabama Aircraft Industries	N/A	N/A	N/A	N/A	N/A
Joby Aviation	$1.11 million	4,351.30	-$513.05 million	($0.70)	-9.04

Alabama Aircraft Industries has higher earnings, but lower revenue than Joby Aviation.

Insider & Institutional Ownership

45.5% of Joby Aviation shares are owned by institutional investors. 38.0% of Alabama Aircraft Industries shares are owned by company insiders. Comparatively, 32.4% of Joby Aviation shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Joby Aviation beats Alabama Aircraft Industries on 5 of the 9 factors compared between the two stocks.

About Alabama Aircraft Industries

Alabama Aircraft Industries, Inc provides aircraft maintenance and modification services to the United States government, foreign governments, and military customers. Its services include maintenance and modification of military transport, tanker, and petrol aircraft airframes; and aircraft maintenance and modification services, such as complete airframe maintenance and repair, and custom air frame design and modification. The company’s services also comprise scheduled and unscheduled maintenance; interior refurbishment and reconfiguration; lavatory, galley, airstair, and auxiliary fuel tank installations; aging aircraft inspection; structural and accident damage repair; manufacturing and parts fabrication; composite repair; service bulletin and AD compliance; component repair and overhaul; EPA approved stripping and painting; CPCP; non-destructive testing; avionics upgrades and installation; and FAA repair station RJ1R454K. Its principal services performed under military contracts are programmed depot maintenance, aircraft modifications, aircraft stripping and painting, rewiring, parts fabrication, engineering support services, system integration of component upgrades, and modification of fixed wing aircrafts. In addition, the company offers airframe corrosion prevention and control, rewiring, and component overhauls, as well as structural, avionics, and other systems modification services. It provides its services directly as a prime contractor or indirectly as a sub- contractor. The company was formerly known as Pemco Aviation Group, Inc. and changed its name to Alabama Aircraft Industries Inc. in September 2007. Alabama Aircraft Industries, Inc was founded in 1983 and is based in Birmingham, Alabama. On Nov 3, 2011, the voluntary petition of Alabama Aircraft Industries, Inc., along with its affiliates, for reorganization under Ch 11 was converted to Ch 7. It had filed for Chapter 11 bankruptcy on Feb 15, 2011.

About Joby Aviation

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.