MTU AERO ENGINES AG (MTX.DE) Stock Fundamental Analysis
Europe - FRA:MTX - DE000A0D9PT0 - Common Stock
360.4 EUR
-0.4 (-0.11%)
We assign a fundamental rating of 5 out of 10 to MTX. MTX was compared to 42 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of MTX get a neutral evaluation. Nothing too spectacular is happening here. MTX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
MTX had positive earnings in the past year.
MTX had a positive operating cash flow in the past year.
Of the past 5 years MTX 4 years were profitable.
In the past 5 years MTX always reported a positive cash flow from operatings.
1.2 Ratios
MTX has a better Return On Assets (7.23%) than 90.48% of its industry peers.
The Return On Equity of MTX (22.17%) is better than 85.71% of its industry peers.
MTX's Return On Invested Capital of 10.39% is fine compared to the rest of the industry. MTX outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.23% | ||
| ROE | 22.17% | ||
| ROIC | 10.39% |
ROA(3y)2.55%
ROA(5y)2.41%
ROE(3y)8.72%
ROE(5y)7.98%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MTX has a better Profit Margin (10.44%) than 88.10% of its industry peers.
MTX's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 12.25%, MTX is doing good in the industry, outperforming 76.19% of the companies in the same industry.
MTX's Operating Margin has declined in the last couple of years.
MTX's Gross Margin of 16.90% is on the low side compared to the rest of the industry. MTX is outperformed by 73.81% of its industry peers.
In the last couple of years the Gross Margin of MTX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.25% | ||
| PM (TTM) | 10.44% | ||
| GM | 16.9% |
OM growth 3Y17.54%
OM growth 5Y-3.69%
PM growth 3Y17.24%
PM growth 5Y-3.73%
GM growth 3Y6.66%
GM growth 5Y-3.81%
2. Health
2.1 Basic Checks
MTX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, MTX has about the same amount of shares outstanding.
Compared to 5 years ago, MTX has more shares outstanding
The debt/assets ratio for MTX is higher compared to a year ago.
2.2 Solvency
MTX has an Altman-Z score of 3.03. This indicates that MTX is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.03, MTX is doing good in the industry, outperforming 69.05% of the companies in the same industry.
MTX has a debt to FCF ratio of 19.44. This is a negative value and a sign of low solvency as MTX would need 19.44 years to pay back of all of its debts.
MTX's Debt to FCF ratio of 19.44 is on the low side compared to the rest of the industry. MTX is outperformed by 76.19% of its industry peers.
MTX has a Debt/Equity ratio of 0.56. This is a neutral value indicating MTX is somewhat dependend on debt financing.
The Debt to Equity ratio of MTX (0.56) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 19.44 | ||
| Altman-Z | 3.03 |
ROIC/WACC1.56
WACC6.65%
2.3 Liquidity
MTX has a Current Ratio of 1.39. This is a normal value and indicates that MTX is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.39, MTX is doing good in the industry, outperforming 76.19% of the companies in the same industry.
A Quick Ratio of 1.04 indicates that MTX should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.04, MTX belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
MTX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.03%, which is quite impressive.
Measured over the past 5 years, MTX shows a small growth in Earnings Per Share. The EPS has been growing by 6.33% on average per year.
MTX shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.23%.
The Revenue has been growing by 9.87% on average over the past years. This is quite good.
EPS 1Y (TTM)42.03%
EPS 3Y29.94%
EPS 5Y6.33%
EPS Q2Q%41.12%
Revenue 1Y (TTM)44.23%
Revenue growth 3Y20.95%
Revenue growth 5Y9.87%
Sales Q2Q%17.76%
3.2 Future
Based on estimates for the next years, MTX will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.76% on average per year.
MTX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.11% yearly.
EPS Next Y24.68%
EPS Next 2Y15.85%
EPS Next 3Y13.84%
EPS Next 5Y13.76%
Revenue Next Year16.03%
Revenue Next 2Y12.72%
Revenue Next 3Y11.87%
Revenue Next 5Y11.11%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.86, MTX is valued on the expensive side.
Based on the Price/Earnings ratio, MTX is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.30, MTX is valued at the same level.
MTX is valuated rather expensively with a Price/Forward Earnings ratio of 19.13.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTX indicates a rather cheap valuation: MTX is cheaper than 83.33% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, MTX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.86 | ||
| Fwd PE | 19.13 |
4.2 Price Multiples
80.95% of the companies in the same industry are more expensive than MTX, based on the Enterprise Value to EBITDA ratio.
MTX's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MTX is more expensive than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 153.94 | ||
| EV/EBITDA | 13.63 |
4.3 Compensation for Growth
MTX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MTX's earnings are expected to grow with 13.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.89
PEG (5Y)3.45
EPS Next 2Y15.85%
EPS Next 3Y13.84%
5. Dividend
5.1 Amount
MTX has a yearly dividend return of 0.61%, which is pretty low.
Compared to an average industry Dividend Yield of 1.16, MTX has a dividend in line with its industry peers.
With a Dividend Yield of 0.61, MTX pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
The dividend of MTX decreases each year by -5.03%.
Dividend Growth(5Y)-5.03%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
15.38% of the earnings are spent on dividend by MTX. This is a low number and sustainable payout ratio.
DP15.38%
EPS Next 2Y15.85%
EPS Next 3Y13.84%
FRA:MTX (9/12/2025, 7:00:00 PM)
360.4
-0.4 (-0.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners75.13%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap19.40B
Analysts74.17
Price Target380.84 (5.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend2.18
Dividend Growth(5Y)-5.03%
DP15.38%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.07%
Min EPS beat(2)13.94%
Max EPS beat(2)16.19%
EPS beat(4)4
Avg EPS beat(4)8.2%
Min EPS beat(4)0.12%
Max EPS beat(4)16.19%
EPS beat(8)6
Avg EPS beat(8)4.51%
EPS beat(12)8
Avg EPS beat(12)5.49%
EPS beat(16)11
Avg EPS beat(16)4.95%
Revenue beat(2)2
Avg Revenue beat(2)4.21%
Min Revenue beat(2)2.45%
Max Revenue beat(2)5.98%
Revenue beat(4)3
Avg Revenue beat(4)2.12%
Min Revenue beat(4)-2.25%
Max Revenue beat(4)5.98%
Revenue beat(8)4
Avg Revenue beat(8)0.11%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.95%
PT rev (3m)12.87%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)28.2%
EPS NY rev (1m)9.72%
EPS NY rev (3m)9.72%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.86 | ||
| Fwd PE | 19.13 | ||
| P/S | 2.38 | ||
| P/FCF | 153.94 | ||
| P/OCF | 24.93 | ||
| P/B | 5.05 | ||
| P/tB | 8.04 | ||
| EV/EBITDA | 13.63 |
EPS(TTM)16.49
EY4.58%
EPS(NY)18.84
Fwd EY5.23%
FCF(TTM)2.34
FCFY0.65%
OCF(TTM)14.46
OCFY4.01%
SpS151.65
BVpS71.4
TBVpS44.85
PEG (NY)0.89
PEG (5Y)3.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.23% | ||
| ROE | 22.17% | ||
| ROCE | 14.48% | ||
| ROIC | 10.39% | ||
| ROICexc | 15.22% | ||
| ROICexgc | 21.84% | ||
| OM | 12.25% | ||
| PM (TTM) | 10.44% | ||
| GM | 16.9% | ||
| FCFM | 1.54% |
ROA(3y)2.55%
ROA(5y)2.41%
ROE(3y)8.72%
ROE(5y)7.98%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y53.54%
ROICexcg growth 5Y11.08%
ROICexc growth 3Y47.75%
ROICexc growth 5Y8.65%
OM growth 3Y17.54%
OM growth 5Y-3.69%
PM growth 3Y17.24%
PM growth 5Y-3.73%
GM growth 3Y6.66%
GM growth 5Y-3.81%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 19.44 | ||
| Debt/EBITDA | 1.57 | ||
| Cap/Depr | 174.33% | ||
| Cap/Sales | 7.99% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 56.62% | ||
| Profit Quality | 14.79% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 3.03 |
F-Score6
WACC6.65%
ROIC/WACC1.56
Cap/Depr(3y)170.27%
Cap/Depr(5y)151.83%
Cap/Sales(3y)8.23%
Cap/Sales(5y)7.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.03%
EPS 3Y29.94%
EPS 5Y6.33%
EPS Q2Q%41.12%
EPS Next Y24.68%
EPS Next 2Y15.85%
EPS Next 3Y13.84%
EPS Next 5Y13.76%
Revenue 1Y (TTM)44.23%
Revenue growth 3Y20.95%
Revenue growth 5Y9.87%
Sales Q2Q%17.76%
Revenue Next Year16.03%
Revenue Next 2Y12.72%
Revenue Next 3Y11.87%
Revenue Next 5Y11.11%
EBIT growth 1Y542.48%
EBIT growth 3Y42.17%
EBIT growth 5Y5.82%
EBIT Next Year52.17%
EBIT Next 3Y20.92%
EBIT Next 5Y18.16%
FCF growth 1Y-53.68%
FCF growth 3Y-41.04%
FCF growth 5Y-35.95%
OCF growth 1Y8.51%
OCF growth 3Y7.99%
OCF growth 5Y-3.01%