Safran is a key player in global commercial and military aerospace propulsion and equipment. CFM, the 50/50 joint venture between Safran and GE Aviation, has about 70% of the narrow-body market, positioning Safran to take advantage of the aerospace industry recovery after the COVID-19 setback and the Russia-Ukraine war, which led to commodity price surges and supply chain disruptions.
Supplying 75% of global narrow-body engines, Safran is well positioned to capitalize on long-term structural industry growth.
Demand and order recovery for the 737 MAX remains uncertain, casting doubt on Leap engine delivery and break-even targets.
|
Metric
|
SAF
|
GE
|
RTX
|
|---|---|---|---|
Price/Earnings (Normalized) | 47.81 | 55.93 | 20.07 |
Price/Book Value | 7.27 | 6.23 | 2.25 |
Price/Sales | 3.71 | 2.53 | 2.11 |
Price/Cash Flow | 25.01 | 43.77 | 22.85 |
|
Metric
|
SAF
|
GE
|
RTX
|
|---|---|---|---|
Quick Ratio | 0.62 | 0.79 | 0.63 |
Current Ratio | 0.95 | 1.18 | 1.04 |
Interest Coverage | 30.78 | 9.45 | 3.26 |
|
Metric
|
SAF
|
GE
|
RTX
|
|---|---|---|---|
Return on Assets (Normalized) | 4.18% | 1.85% | 4.50% |
Return on Equity (Normalized) | 18.59% | 10.11% | 10.45% |
Return on Invested Capital (Normalized) | 10.84% | 6.27% | 7.93% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
GE
| GE Aerospace | Ppbdwwvbps | Mbwhz | $168.0 Bil | |
EADSY
| Airbus SE ADR | Gcgmyfqbnq | Pdm | $137.9 Bil | |
RTX
| RTX Corp | Gsbpflxzrs | Tyc | $133.1 Bil | |
LMT
| Lockheed Martin Corp | Zzjswgcrgv | Zjgv | $109.0 Bil | |
BA
| Boeing Co | Mwmrxlpqw | Lndv | $102.9 Bil | |
GD
| General Dynamics Corp | Zzpwqcspz | Ttphk | $78.1 Bil | |
TDG
| TransDigm Group Inc | Fwysvwpd | Xpcv | $67.1 Bil | |
NOC
| Northrop Grumman Corp | Gqwnjdcxfh | Pttx | $66.9 Bil | |
BAESY
| BAE Systems PLC ADR | Kwhqbhhjb | Lcgy | $50.4 Bil | |
RYCEY
| Rolls-Royce Holdings PLC ADR | Nxjxmfb | Tpsvqq | $42.7 Bil |
