WallStSmart

Aspen Aerogels Inc (ASPN)vsMadison Air Solutions Corporation (MAIR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Madison Air Solutions Corporation generates 1132% more annual revenue ($3.34B vs $271.10M). MAIR leads profitability with a 2.9% profit margin vs -143.7%. MAIR earns a higher WallStSmart Score of 35/100 (F).

ASPN

Avoid

32

out of 100

Grade: F

Growth: 5.3Profit: 2.0Value: 6.7Quality: 5.0

MAIR

Avoid

35

out of 100

Grade: F

Growth: 5.3Profit: 6.5Value: 4.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ASPNUndervalued (+56.2%)

Margin of Safety

+56.2%

Fair Value

$8.02

Current Price

$3.71

$4.31 discount

UndervaluedFair: $8.02Overvalued

Intrinsic value data unavailable for MAIR.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASPN1 strengths · Avg: 10.0/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

MAIR0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

ASPN4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$289.89M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-91.6%2/10

ROE of -91.6% — below average capital efficiency

Revenue GrowthGrowth
-66.4%2/10

Revenue declined 66.4%

MAIR4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Profit MarginProfitability
2.9%3/10

2.9% margin — thin

P/E RatioValuation
102.9x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ASPN

The strongest argument for ASPN centers on Price/Book.

Bull Case : MAIR

MAIR has a balanced fundamental profile.

Bear Case : ASPN

The primary concerns for ASPN are EPS Growth, Market Cap, Return on Equity.

Bear Case : MAIR

The primary concerns for MAIR are Revenue Growth, EPS Growth, Profit Margin. A P/E of 102.9x leaves little room for execution misses. Thin 2.9% margins leave little buffer for downturns.

Key Dynamics to Monitor

ASPN profiles as a turnaround stock while MAIR is a value play — different risk/reward profiles.

MAIR is growing revenue faster at 0.0% — sustainability is the question.

MAIR generates stronger free cash flow (440M), providing more financial flexibility.

Monitor BUILDING PRODUCTS & EQUIPMENT industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MAIR scores higher overall (35/100 vs 32/100). ASPN offers better value entry with a 56.2% margin of safety. Both earn "Avoid" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Aspen Aerogels Inc

INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT · USA

Aspen Aerogels, Inc. designs, develops, manufactures, and sells airgel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. The company is headquartered in Northborough, Massachusetts.

Madison Air Solutions Corporation

INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT · USA

None

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