MTU Aero Engines
Market Cap
€12.5b
Last Updated
2019/08/16 21:04 UTC
Data Sources
Company Financials +
Executive Summary
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.
Snowflake
Fundamentals
Outstanding track record with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has MTU Aero Engines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.0%
XTRA:MTX
2.7%
DE Aerospace & Defense
-1.6%
DE Market
1 Year Return
29.0%
XTRA:MTX
26.7%
DE Aerospace & Defense
-10.5%
DE Market
MTX outperformed the Aerospace & Defense industry which returned 4.8% over the past year.
MTX outperformed the Market in Germany which returned -12% over the past year.
Share holder returns
| MTX | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 2.7% | -1.6% |
| 30 Day | 10.3% | 9.3% | -5.4% |
| 90 Day | 17.1% | 15.7% | -6.0% |
| 1 Year | 30.8%29.0% | 28.4%26.7% | -7.7%-10.5% |
| 3 Year | 177.5%165.3% | 170.6%158.7% | 9.4%-0.02% |
| 5 Year | 311.3%279.2% | 283.6%253.7% | 25.5%8.1% |
Price Volatility Vs. Market
How volatile is MTU Aero Engines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Here's Why MTU Aero Engines (ETR:MTX) Can Manage Its Debt Responsibly1 week ago | Simply Wall St
Interested In MTU Aero Engines AG (ETR:MTX)? Here's What Its Recent Performance Looks Like2 weeks ago | Simply Wall St
MTU Aero Engines AG (ETR:MTX) Delivered A Better ROE Than Its IndustryValuation
Is MTU Aero Engines undervalued based on future cash flows and its price relative to the stock market?
4%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
MTU Aero Engines's share price is below the future cash flow value, but not at a moderate discount (< 20%).
MTU Aero Engines's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
MTU Aero Engines is overvalued based on earnings compared to the Europe Aerospace & Defense industry average.
MTU Aero Engines is overvalued based on earnings compared to the Germany market.
Price Based on Expected Growth
MTU Aero Engines is poor value based on expected growth next year.
Price Based on Value of Assets
MTU Aero Engines is overvalued based on assets compared to the Europe Aerospace & Defense industry average.
Next Steps
Future Growth
How is MTU Aero Engines expected to perform in the next 1 to 3 years based on estimates from 20 analysts?
9.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
MTU Aero Engines's revenue is expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
MTU Aero Engines's earnings are expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
MTU Aero Engines's revenue growth is expected to exceed the Germany market average.
MTU Aero Engines's earnings growth is positive but not above the Germany market average.
MTU Aero Engines's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Earnings per Share Growth Estimates
Future Return on Equity
MTU Aero Engines is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
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Past Performance
How has MTU Aero Engines performed over the past 5 years?
19.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
MTU Aero Engines's year on year earnings growth rate has been positive over the past 5 years.
MTU Aero Engines's 1-year earnings growth exceeds its 5-year average (22.4% vs 19.6%)
MTU Aero Engines's earnings growth has exceeded the Europe Aerospace & Defense industry average in the past year (22.4% vs 12.8%).
Return on Equity
MTU Aero Engines has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
MTU Aero Engines used its assets more efficiently than the Europe Aerospace & Defense industry average last year based on Return on Assets.
Return on Capital Employed
MTU Aero Engines has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is MTU Aero Engines's financial position?
Financial Position Analysis
MTU Aero Engines is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
MTU Aero Engines's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
MTU Aero Engines's level of debt (45.2%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (54.3% vs 45.2% today).
Debt is well covered by operating cash flow (67.6%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 519.5x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3.3x debt.
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Dividend
What is MTU Aero Engines's current dividend yield, its reliability and sustainability?
1.71%
Expected Dividend Yield
Dividend Yield and Payments Analysis
MTU Aero Engines's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.61%).
MTU Aero Engines's dividend is below the markets top 25% of dividend payers in Germany (4.29%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
Next Steps
Management
What is the CEO of MTU Aero Engines's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average management tenure
CEO
Reiner Winkler (58yo)
5.6yrs
Tenure
€2,825,102
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
Reiner's remuneration is lower than average for companies of similar size in Germany.
Reiner's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.6yrs
Average Tenure
51.5yo
Average Age
The tenure for the MTU Aero Engines management team is about average.
Board Age and Tenure
6.3yrs
Average Tenure
62.5yo
Average Age
The tenure for the MTU Aero Engines board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Reiner Winkler (58yo)
CEO & Member of the Executive Board
- Tenure: 5.6yrs
- Compensation: €2.83m
Eckhard Zanger
Senior Vice President of Corporate Communications & Public Affairs
Michael Schreyögg (53yo)
Chief Program Officer & Member of the Executive Board
- Tenure: 6.1yrs
- Compensation: €1.48m
Chae Kyoo-Joo
Chief of The MTU Aero Engines - Seoul
Peter Kameritsch (50yo)
CFO, Chief Information Officer & Member of the Executive Board
- Tenure: 1.6yrs
- Compensation: €2.84m
Michael Röger
Vice President of Investor Relations
Lars Wagner (44yo)
COO & Member of the Executive Board
- Tenure: 1.6yrs
- Compensation: €1.30m
Board Members
Josef Mailer
Deputy Chairman of the Supervisory Board
- Tenure: 3.8yrs
- Compensation: €122.00k
Joachim Rauhut (65yo)
Member of Supervisory Board
- Tenure: 10.3yrs
- Compensation: €104.00k
Angelo Gross
Member of Supervisory Board
- Tenure: 1.3yrs
- Compensation: €48.11k
Jürgen Geißinger (60yo)
Member of Supervisory Board
- Tenure: 13.8yrs
- Compensation: €88.00k
Thomas Dautl
Member of Supervisory Board
- Tenure: 11.3yrs
- Compensation: €65.00k
Klaus Eberhardt (71yo)
Chairman of the Supervisory Board
- Tenure: 11.6yrs
- Compensation: €227.00k
Christine Bortenlänger (53yo)
Member of Supervisory Board
- Tenure: 1.3yrs
- Compensation: €48.11k
Heike Madan
Member of Supervisory Board
- Tenure: 3.3yrs
- Compensation: €84.00k
Klaus Steffens (69yo)
Member of Supervisory Board
- Compensation: €65.00k
Marion Weissenberger-Eibl (53yo)
Member of Supervisory Board
- Tenure: 6.3yrs
- Compensation: €65.00k
Company Information
MTU Aero Engines AG's company bio, 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
- Market Cap: €12.494b
- Shares outstanding: 51.76m
- Website: Click here
Number of Employees
Location
- MTU Aero Engines AG
- Dachauer Strasse 665
- Munich
- Bavaria
- 80995
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MTX | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Jun 2005 |
| MTX N | BMV (Bolsa Mexicana de Valores) | Yes | Registered Shares | MX | MXN | Jun 2005 |
| MTXD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered Shares | GB | EUR | Jun 2005 |
| 0FC9 | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | Jun 2005 |
| MTX | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Jun 2005 |
| MTX | WBAG (Wiener Boerse AG) | Yes | Registered Shares | AT | EUR | Jun 2005 |
| MTX | XTRA (XETRA Trading Platform) | Yes | Registered Shares | DE | EUR | Jun 2005 |
| MTUA.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | Jun 2005 |
| MTUA.Y | OTCPK (Pink Sheets LLC) | UNSP ADR EACH REPR 0.5 ORD | US | USD | Oct 2008 | |
| MTX1 | BST (Boerse-Stuttgart) | UNSP ADR EACH REPR 0.5 ORD | DE | EUR | Oct 2008 |
Biography
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, Nor ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/16 21:04 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.