MTU Aero Engines AG
MTX: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€871.00 | Fyqf | Htzmyjcv |
MTU Aero Engines: Reducing Fair Value Estimate To EUR 225 Due To Engine Inspection Issues
On Sept. 11, MTU Aero Engines updated guidance related to previously announced engine issues and increased the total number of engines to be repaired. After incorporating the higher figure into our model we are reducing our fair value estimate to EUR 225 from EUR 252 previously. Our wide moat rating is unchanged.