MTU Aero Earnings: Strong Performance Aligned With Management Guidance; Our Fair Value Is Unchanged
Wide-moat MTU Aero Engines reported strong first-quarter results, aligned with management guidance. Our fair value estimate is unchanged.
MTU Aero Engines AG MTX
Bulls Say, Bears Say
Bulls
There is potential to increase share on the GTF program to about 20%-22% as a result of a long-standing partnership with Pratt & Whitney.
Bears
Further technical issues from in-service GTF engines could hit the margins and production ramp-up.
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News
Trading Information
- Previous Close Price
- €226.60
- Day Range
- €216.50–226.00
- 52-Week Range
- €158.20–241.50
- Bid/Ask
- €221.60 / €221.80
- Market Cap
- €11.94 Bil
- Volume/Avg
- 180,849 / 147,913
Key Statistics
- Price/Earnings (Normalized)
- 21.24
- Price/Sales
- 2.33
- Dividend Yield (Trailing)
- 1.41%
- Dividend Yield (Forward)
- 0.88%
- Total Yield
- 1.41%
Company Profile
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU’s MRO services.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stock Style Box
- Mid Core
- Total Number of Employees
- 12,170
- Website
- https://www.mtu.de
Competitors
Valuation
|
Metric
|
MTX
|
RTX
|
GE
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.24 | 19.58 | 47.67 |
Price/Book Value | 4.23 | 2.22 | 5.86 |
Price/Sales | 2.33 | 2.00 | 2.53 |
Price/Cash Flow | 13.79 | 21.59 | 41.78 |
Price/Earnings
MTX
RTX
GE
Financial Strength
|
Metric
|
MTX
|
RTX
|
GE
|
|---|---|---|---|
Quick Ratio | 0.77 | 0.64 | 0.76 |
Current Ratio | 1.12 | 1.07 | 1.17 |
Interest Coverage | −2.42 | 3.15 | 5.22 |
Quick Ratio
MTX
RTX
GE
Profitability
|
Metric
|
MTX
|
RTX
|
GE
|
|---|---|---|---|
Return on Assets (Normalized) | 6.21% | 2.51% | 2.83% |
Return on Equity (Normalized) | 19.59% | 6.05% | 15.41% |
Return on Invested Capital (Normalized) | 15.68% | 5.17% | 9.19% |
Return on Assets
MTX
RTX
GE
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