Assessing Bristow Group’s valuation as it launches UK electric air-taxi routes with Vertical Aerospace and Skyports

Bristow Group (NYSE:VTOL) just moved from traditional helicopter ops into next generation urban mobility, teaming up with Vertical Aerospace and Skyports to develop electric air taxi routes linking Canary Wharf with Heathrow, Gatwick and other key hubs.

See our latest analysis for Bristow Group.

The market has taken a breather despite this futuristic pivot, with a 30 day share price return of minus 6.5 percent and a year to date share price gain of 2.8 percent. However, the three year total shareholder return of roughly 49 percent shows that longer term momentum remains firmly positive.

If this kind of aviation shift has your attention, it might be worth scanning aerospace and defense stocks for other flight related names that could be quietly building similar momentum.

With shares still below analyst targets despite solid revenue growth and a strong three year return, is Bristow quietly undervalued as it pivots into eVTOL, or is the market already pricing in that next leg of growth?

Most Popular Narrative Narrative: 23.6% Undervalued

With Bristow shares last closing at $36.30 against a narrative fair value of $47.50, the current price sits well below projected upside.

The ramp up and full transition of new long term government search and rescue contracts in Ireland and the UK are expected to contribute materially to earnings from 2026 onward, ensuring high revenue visibility and stable, recurring cash flows over the next decade.

Read the complete narrative.

Curious how steady contract cash flows, moderating margins, and a future earnings multiple usually reserved for larger peers all add up to that valuation gap? Read the full narrative to explore the details.

Result: Fair Value of $47.5 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent supply chain bottlenecks, or prolonged cost inflation in maintenance and training, could quickly erode margins and undermine that undervaluation thesis.

Find out about the key risks to this Bristow Group narrative.

Another View: DCF Flips the Story

Our DCF model paints a far harsher picture, putting fair value closer to $6.60, which would make today’s $36.30 share price look deeply overvalued rather than cheap. Is the cash flow reality out of step with the upbeat contract and multiple based narrative?

Look into how the SWS DCF model arrives at its fair value.

Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Bristow Group for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 914 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.

Build Your Own Bristow Group Narrative

If you see the story differently, or want to dig into the numbers yourself, you can build a custom view in just minutes: Do it your way.

A great starting point for your Bristow Group research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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