| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
MTX Stock Overview
MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines modules, and components in Germany, other European countries, North America, Asia, and internationally.
MTU Aero Engines Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €198.10 |
| 52 Week High | €224.90 |
| 52 Week Low | €161.55 |
| Beta | 1.63 |
| 1 Month Change | 16.94% |
| 3 Month Change | 9.27% |
| 1 Year Change | -7.13% |
| 3 Year Change | 8.67% |
| 5 Year Change | 73.01% |
| Change since IPO | 838.42% |
Recent News & Updates
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What Is MTU Aero Engines AG's (ETR:MTX) Share Price Doing?
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Is MTU Aero Engines (ETR:MTX) A Risky Investment?
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MTU Aero Engines (ETR:MTX) Will Be Hoping To Turn Its Returns On Capital Around
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| MTX | DE Aerospace & Defense | DE Market | |
|---|---|---|---|
| 7D | 2.8% | 2.2% | 0.7% |
| 1Y | -7.1% | -8.5% | 11.6% |
Return vs Industry: MTX exceeded the German Aerospace & Defense industry which returned -8.5% over the past year.
Return vs Market: MTX underperformed the German Market which returned 12.1% over the past year.
Price Volatility
| MTX volatility | |
|---|---|
| MTX Average Weekly Movement | 5.4% |
| Aerospace & Defense Industry Average Movement | 5.4% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 9.8% |
| 10% least volatile stocks in DE Market | 2.6% |
Stable Share Price: MTX is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MTX's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1913 | 10,210 | Reiner Winkler | https://www.mtu.de |
MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines modules, and components in Germany, other European countries, North America, Asia, and internationally. It operates through two segments, Commercial and Military Engine Business; and Commercial Maintenance Business. The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, and business jets; military aircraft engines for fighter aircraft, helicopters, and transport aircraft; and industrial gas turbines.
MTU Aero Engines Fundamentals Summary
| MTX fundamental statistics | |
|---|---|
| Market Cap | €10.56b |
| Earnings (TTM) | €118.00m |
| Revenue (TTM) | €3.93b |
89.5x
P/E Ratio2.7x
P/S RatioIs MTX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MTX income statement (TTM) | |
|---|---|
| Revenue | €3.93b |
| Cost of Revenue | €3.34b |
| Gross Profit | €595.00m |
| Expenses | €477.00m |
| Earnings | €118.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 16, 2022
| Earnings per share (EPS) | 2.21 |
| Gross Margin | 15.13% |
| Net Profit Margin | 3.00% |
| Debt/Equity Ratio | 47.5% |
How did MTX perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield56%
Payout RatioValuation
Is MTU Aero Engines undervalued compared to its fair value and its price relative to the market?
38.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTX (€198.1) is trading below our estimate of fair value (€321.28)
Significantly Below Fair Value: MTX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTX is poor value based on its PE Ratio (89.5x) compared to the European Aerospace & Defense industry average (22.8x).
PE vs Market: MTX is poor value based on its PE Ratio (89.5x) compared to the German market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: MTX is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: MTX is overvalued based on its PB Ratio (4.1x) compared to the DE Aerospace & Defense industry average (3.9x).
Future Growth
How is MTU Aero Engines forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
23.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTX's forecast earnings growth (23.9% per year) is above the savings rate (-0.01%).
Earnings vs Market: MTX's earnings (23.9% per year) are forecast to grow faster than the German market (10.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MTX's revenue (10.7% per year) is forecast to grow faster than the German market (5.6% per year).
High Growth Revenue: MTX's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTX's Return on Equity is forecast to be low in 3 years time (15.6%).
Past Performance
How has MTU Aero Engines performed over the past 5 years?
-5.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTX has a large one-off loss of €151.0M impacting its June 30 2021 financial results.
Growing Profit Margin: MTX's current net profit margins (3%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: MTX's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: MTX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MTX had negative earnings growth (-68.6%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (3.7%).
Return on Equity
High ROE: MTX's Return on Equity (4.7%) is considered low.
Financial Health
How is MTU Aero Engines's financial position?
Financial Position Analysis
Short Term Liabilities: MTX's short term assets (€4.2B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: MTX's short term assets (€4.2B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: MTX's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: MTX's debt to equity ratio has reduced from 105.3% to 47.5% over the past 5 years.
Debt Coverage: MTX's debt is well covered by operating cash flow (34.7%).
Interest Coverage: MTX's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
Dividend
What is MTU Aero Engines's current dividend yield, its reliability and sustainability?
0.63%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MTX's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.02%).
High Dividend: MTX's dividend (0.63%) is low compared to the top 25% of dividend payers in the German market (3.34%).
Stability and Growth of Payments
Stable Dividend: MTX's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.3%), MTX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MTX's dividends in 3 years are forecast to be well covered by earnings (37.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Reiner Winkler (60 yo)
21yrs
Tenure
€2,782,506
Compensation
Mr. Reiner Winkler has been the Chief Executive Officer MTU Aero Engines AG since January 1, 2014 and served as its Chief Financial Officer since May 2005. Mr. Winkler serves as Member of Advisory Council...
CEO Compensation Analysis
Compensation vs Market: Reiner's total compensation ($USD3.17M) is below average for companies of similar size in the German market ($USD5.11M).
Compensation vs Earnings: Reiner's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MTX's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: MTX's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
MTU Aero Engines AG's employee growth, exchange listings and data sources
Key Information
- Name: MTU Aero Engines AG
- Ticker: MTX
- Exchange: XTRA
- Founded: 1913
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: €10.562b
- Shares outstanding: 53.32m
- Website: https://www.mtu.de
Number of Employees
Location
- MTU Aero Engines AG
- Dachauer Strasse 665
- Munich
- Bavaria
- 80995
- Germany
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:01 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.