MOOG INC-CLASS A (MOG.A) Stock Fundamental Analysis
NYSE:MOG.A - New York Stock Exchange, Inc. - US6153942023 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to MOG.A. MOG.A was compared to 65 industry peers in the Aerospace & Defense industry. While MOG.A belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MOG.A has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MOG.A was profitable.
In the past year MOG.A had a positive cash flow from operations.
In the past 5 years MOG.A has always been profitable.
MOG.A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MOG.A's Return On Assets of 5.06% is fine compared to the rest of the industry. MOG.A outperforms 65.63% of its industry peers.
MOG.A's Return On Equity of 11.14% is fine compared to the rest of the industry. MOG.A outperforms 71.88% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.48%, MOG.A belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
MOG.A had an Average Return On Invested Capital over the past 3 years of 8.60%. This is in line with the industry average of 7.61%.
The last Return On Invested Capital (9.48%) for MOG.A is above the 3 year average (8.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.06% | ||
| ROE | 11.14% | ||
| ROIC | 9.48% |
ROA(3y)4.69%
ROA(5y)3.79%
ROE(3y)10.8%
ROE(5y)8.87%
ROIC(3y)8.6%
ROIC(5y)7.95%
1.3 Margins
The Profit Margin of MOG.A (5.74%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of MOG.A has remained more or less at the same level.
With a decent Operating Margin value of 10.39%, MOG.A is doing good in the industry, outperforming 73.44% of the companies in the same industry.
MOG.A's Operating Margin has improved in the last couple of years.
MOG.A's Gross Margin of 27.62% is fine compared to the rest of the industry. MOG.A outperforms 65.63% of its industry peers.
MOG.A's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.39% | ||
| PM (TTM) | 5.74% | ||
| GM | 27.62% |
OM growth 3Y7.3%
OM growth 5Y2.53%
PM growth 3Y1.37%
PM growth 5Y-0.9%
GM growth 3Y0.52%
GM growth 5Y-0.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MOG.A is destroying value.
Compared to 1 year ago, MOG.A has more shares outstanding
MOG.A has less shares outstanding than it did 5 years ago.
MOG.A has a better debt/assets ratio than last year.
2.2 Solvency
MOG.A has an Altman-Z score of 4.20. This indicates that MOG.A is financially healthy and has little risk of bankruptcy at the moment.
MOG.A has a better Altman-Z score (4.20) than 60.94% of its industry peers.
MOG.A has a debt to FCF ratio of 21.23. This is a negative value and a sign of low solvency as MOG.A would need 21.23 years to pay back of all of its debts.
MOG.A has a Debt to FCF ratio (21.23) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.52 indicates that MOG.A is somewhat dependend on debt financing.
The Debt to Equity ratio of MOG.A (0.52) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 21.23 | ||
| Altman-Z | 4.2 |
ROIC/WACC0.93
WACC10.19%
2.3 Liquidity
MOG.A has a Current Ratio of 2.14. This indicates that MOG.A is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MOG.A (2.14) is comparable to the rest of the industry.
MOG.A has a Quick Ratio of 1.28. This is a normal value and indicates that MOG.A is financially healthy and should not expect problems in meeting its short term obligations.
MOG.A's Quick ratio of 1.28 is in line compared to the rest of the industry. MOG.A outperforms 51.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.23% over the past year.
MOG.A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.97% yearly.
The Revenue has grown by 8.74% in the past year. This is quite good.
Measured over the past years, MOG.A shows a small growth in Revenue. The Revenue has been growing by 4.44% on average per year.
EPS 1Y (TTM)25.23%
EPS 3Y16.95%
EPS 5Y7.97%
EPS Q2Q%16.34%
Revenue 1Y (TTM)8.74%
Revenue growth 3Y8.16%
Revenue growth 5Y4.44%
Sales Q2Q%6.24%
3.2 Future
MOG.A is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.58% yearly.
MOG.A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.81% yearly.
EPS Next Y9.15%
EPS Next 2Y13.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.8%
Revenue Next 2Y4.81%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MOG.A is valuated rather expensively with a Price/Earnings ratio of 24.22.
Based on the Price/Earnings ratio, MOG.A is valued a bit cheaper than the industry average as 78.13% of the companies are valued more expensively.
MOG.A's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.58.
The Price/Forward Earnings ratio is 19.37, which indicates a rather expensive current valuation of MOG.A.
Based on the Price/Forward Earnings ratio, MOG.A is valued a bit cheaper than 78.13% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MOG.A to the average of the S&P500 Index (24.47), we can say MOG.A is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.22 | ||
| Fwd PE | 19.37 |
4.2 Price Multiples
MOG.A's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MOG.A is cheaper than 75.00% of the companies in the same industry.
MOG.A's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 142.02 | ||
| EV/EBITDA | 16.03 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MOG.A does not grow enough to justify the current Price/Earnings ratio.
MOG.A has a very decent profitability rating, which may justify a higher PE ratio.
MOG.A's earnings are expected to grow with 13.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.65
PEG (5Y)3.04
EPS Next 2Y13.58%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MOG.A has a yearly dividend return of 0.53%, which is pretty low.
Compared to an average industry Dividend Yield of 1.34, MOG.A pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, MOG.A's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
The dividend of MOG.A has a limited annual growth rate of 0.92%.
MOG.A has been paying a dividend for over 5 years, so it has already some track record.
MOG.A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.92%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
17.12% of the earnings are spent on dividend by MOG.A. This is a low number and sustainable payout ratio.
The dividend of MOG.A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP17.12%
EPS Next 2Y13.58%
EPS Next 3YN/A
MOOG INC-CLASS A
NYSE:MOG.A (1/24/2025, 8:04:00 PM)
After market: 194.71 0 (0%)194.71
-15.16 (-7.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners100.24%
Inst Owner Change-0.08%
Ins Owners0.43%
Ins Owner ChangeN/A
Market Cap6.58B
Analysts81.67
Price Target234.35 (20.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend1.05
Dividend Growth(5Y)0.92%
DP17.12%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.62%
Min EPS beat(2)4.77%
Max EPS beat(2)18.48%
EPS beat(4)4
Avg EPS beat(4)12.46%
Min EPS beat(4)1.51%
Max EPS beat(4)25.07%
EPS beat(8)5
Avg EPS beat(8)6.35%
EPS beat(12)7
Avg EPS beat(12)4.73%
EPS beat(16)9
Avg EPS beat(16)6.14%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-0.71%
Max Revenue beat(2)0.93%
Revenue beat(4)3
Avg Revenue beat(4)1.26%
Min Revenue beat(4)-0.71%
Max Revenue beat(4)3.39%
Revenue beat(8)6
Avg Revenue beat(8)1.3%
Revenue beat(12)6
Avg Revenue beat(12)0.31%
Revenue beat(16)8
Avg Revenue beat(16)0.26%
PT rev (1m)3.14%
PT rev (3m)14.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.44%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.22 | ||
| Fwd PE | 19.37 | ||
| P/S | 1.82 | ||
| P/FCF | 142.02 | ||
| P/OCF | 32.52 | ||
| P/B | 3.54 | ||
| P/tB | 6.83 | ||
| EV/EBITDA | 16.03 |
EPS(TTM)8.04
EY4.13%
EPS(NY)10.05
Fwd EY5.16%
FCF(TTM)1.37
FCFY0.7%
OCF(TTM)5.99
OCFY3.08%
SpS106.81
BVpS55.06
TBVpS28.51
PEG (NY)2.65
PEG (5Y)3.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.06% | ||
| ROE | 11.14% | ||
| ROCE | 12.11% | ||
| ROIC | 9.48% | ||
| ROICexc | 9.67% | ||
| ROICexgc | 13.74% | ||
| OM | 10.39% | ||
| PM (TTM) | 5.74% | ||
| GM | 27.62% | ||
| FCFM | 1.28% |
ROA(3y)4.69%
ROA(5y)3.79%
ROE(3y)10.8%
ROE(5y)8.87%
ROIC(3y)8.6%
ROIC(5y)7.95%
ROICexc(3y)8.84%
ROICexc(5y)8.21%
ROICexgc(3y)13.08%
ROICexgc(5y)12.54%
ROCE(3y)10.99%
ROCE(5y)10.17%
ROICexcg growth 3Y3.31%
ROICexcg growth 5Y-1.13%
ROICexc growth 3Y8.3%
ROICexc growth 5Y1.29%
OM growth 3Y7.3%
OM growth 5Y2.53%
PM growth 3Y1.37%
PM growth 5Y-0.9%
GM growth 3Y0.52%
GM growth 5Y-0.33%
F-Score8
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 21.23 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 167.57% | ||
| Cap/Sales | 4.32% | ||
| Interest Coverage | 6.13 | ||
| Cash Conversion | 43.24% | ||
| Profit Quality | 22.36% | ||
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 4.2 |
F-Score8
WACC10.19%
ROIC/WACC0.93
Cap/Depr(3y)172.46%
Cap/Depr(5y)152.34%
Cap/Sales(3y)4.71%
Cap/Sales(5y)4.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.23%
EPS 3Y16.95%
EPS 5Y7.97%
EPS Q2Q%16.34%
EPS Next Y9.15%
EPS Next 2Y13.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.74%
Revenue growth 3Y8.16%
Revenue growth 5Y4.44%
Sales Q2Q%6.24%
Revenue Next Year3.8%
Revenue Next 2Y4.81%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y22.63%
EBIT growth 3Y16.06%
EBIT growth 5Y7.08%
EBIT Next Year25.91%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y223.87%
FCF growth 3Y-34.45%
FCF growth 5Y-5.96%
OCF growth 1Y48.89%
OCF growth 3Y-11.63%
OCF growth 5Y2.21%