MTX Stock Analysis: MTU Aero Engines | XETRA
Aerospace & Defense | XETRA, Germany | Market Cap: 19.986m EUR | 12M Return: -3.8% | DE000A0D9PT0 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 44.2M
EPS Trend: 97.3%
Qual. Beats: 0
Rev. Trend: 87.2%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
MTU Aero Engines AG is a German aerospace company headquartered in Munich and founded in 1913. It operates through two business segments: the Original Equipment Manufacturing (OEM) business, which designs and builds commercial and military aircraft engines as well as aero-derivative industrial gas turbines, and the Maintenance, Repair, and Overhaul (MRO) business, which services those engines and supplies spare parts. The company sells to customers across Europe, North America, Asia, and other international markets, serving applications ranging from wide-body and narrow-body airliners to regional jets, business jets, helicopters, turboprops, fighter jets, and transporters.
Within the commercial engine OEM market, MTU is one of a small group of global engine manufacturers and typically participates as a risk- and revenue-sharing partner in major programs rather than as a sole prime contractor, which is a common structural feature of the aerospace propulsion industry. Its MRO segment complements the OEM business by providing aftermarket services that tend to generate more recurring, cycle-resistant revenue compared to new engine sales, helping to smooth the companys overall earnings profile.
- MRO segment revenue growth driven by rising global air traffic
- Geared Turbofan engine orders surge from narrowbody demand
- US defense spending boosts military engine backlog
- Pratt & Whitney GTF competition pressures OEM market share
- Hydrogen and sustainable aviation fuel partnerships accelerate technology investments
| Net Income: 886.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 1.87 > 1.0 |
| NWC/Revenue: 25.95% < 20% (prev 30.46%; Δ -4.51% < -1%) |
| CFO/TA 0.06 > 3% & CFO 848.0m > Net Income 886.0m |
| Net Debt (482.0m) to EBITDA (1.59b): 0.30 < 3 |
| Current Ratio: 1.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.9m) vs 12m ago -1.70% < -2% |
| Gross Margin: 18.23% > 18% (prev 20.75%; Δ -2.52% > 0.5%) |
| Asset Turnover: 73.47% > 50% (prev 53.33%; Δ 20.14% > 0%) |
| Interest Coverage Ratio: 12.02 > 6 (EBIT TTM 1.14b / Interest Expense TTM 95.0m) |
| A: 0.18 (Total Current Assets 8.10b - Total Current Liabilities 5.70b) / Total Assets 13.4b |
| B: 0.30 (Retained Earnings 4.07b / Total Assets 13.4b) |
| C: 0.09 (EBIT TTM 1.14b / Avg Total Assets 12.6b) |
| D: 0.52 (Book Value of Equity 4.54b / Total Liabilities 8.75b) |
| Altman-Z'' = 3.33 = A |
| DSRI: 0.87 (Receivables 3.38b/2.64b, Revenue 9.23b/6.28b) |
| GMI: 1.14 (GM 20.75% / 18.23%) |
| AQI: 0.86 (AQ_t 0.23 / AQ_t-1 0.27) |
| SGI: 1.47 (Revenue 9.23b / 6.28b) |
| TATA: 0.00 (NI 886.0m - CFO 848.0m) / TA 13.4b) |
| Beneish M = -2.75 (Cap -4..+1) = A |
As of October 04, 2026, the stock is trading at EUR 370.20 with a total of 145,707 shares traded. Over the past week, the price has changed by +0.08%, over one month by +7.99%, over three months by -0.96% and over the past year by -3.77%.
Current recommended Stop Loss: 357.30 (which is 3.5% or 1.4 ATR below the current price).
MTU Aero Engines has no consensus analysts rating.
P/E Trailing = 21.4948
P/E Forward = 18.018
P/S = 2.1649
P/B = 4.244
P/EG = 1.8003
Revenue TTM = 9.23b EUR
EBIT TTM = 1.14b EUR
EBITDA TTM = 1.59b EUR
Long Term Debt = 1.48b EUR (from longTermDebt, last quarter)
Short Term Debt = 385.0m EUR (from shortTermDebt, last quarter)
Debt = 3.02b EUR (from shortLongTermDebtTotal, last quarter) + Leases 463.0m
Net Debt = 482.0m EUR (calculated: Debt 3.02b - CCE 2.54b)
Enterprise Value = 20.5b EUR (20.0b + Debt 3.02b - CCE 2.54b)
Interest Coverage Ratio = 12.02 (Ebit TTM 1.14b / Interest Expense TTM 95.0m)
EV/FCF = 61.47x (Enterprise Value 20.5b / FCF TTM 333.0m)
FCF Yield = 1.63% (FCF TTM 333.0m / Enterprise Value 20.5b)
FCF Margin = 3.61% (FCF TTM 333.0m / Revenue TTM 9.23b)
Net Margin = 9.60% (Net Income TTM 886.0m / Revenue TTM 9.23b)
Gross Margin = 18.23% ((Revenue TTM 9.23b - Cost of Revenue TTM 7.55b) / Revenue TTM)
Gross Margin QoQ = 17.64% (prev 18.83%)
Tobins Q-Ratio = 1.53 (Enterprise Value 20.5b / Total Assets 13.4b)
Interest Expense / Debt = 3.15% (Interest Expense 95.0m / Debt 3.02b)
Taxrate = 20.32% (253.0m / 1.25b)
NOPAT = 909.9m (EBIT 1.14b * (1 - 20.32%))
Current Ratio = 1.42 (Total Current Assets 8.10b / Total Current Liabilities 5.70b)
Debt / Equity = 0.66 (Debt 3.02b / totalStockholderEquity, last quarter 4.54b)
Debt / EBITDA = 0.30 (Net Debt 482.0m / EBITDA 1.59b)
Debt / FCF = 1.45 (Net Debt 482.0m / FCF TTM 333.0m)
Total Stockholder Equity = 4.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.05% (Net Income 886.0m / Total Assets 13.4b)
RoE = 21.62% (Net Income TTM 886.0m / Total Stockholder Equity 4.10b)
RoCE = 20.48% (EBIT 1.14b / Capital Employed (Equity 4.10b + L.T.Debt 1.48b))
RoIC = 12.02% (NOPAT 909.9m / Invested Capital 7.57b)
WACC = 8.07% (E(20.0b)/V(23.0b) * Re(8.91%) + D(3.02b)/V(23.0b) * Rd(3.15%) * (1-Tc(0.20)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 30.68 | Cagr: 1.14%
[DCF] Terminal Value 77.97% ; FCFF base≈229.4m ; Y1≈263.0m ; Y5≈387.0m
[DCF] Fair Price = 99.16 (EV 5.82b - Net Debt 482.0m = Equity 5.34b / Shares 53.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.33 | EPS CAGR: 25.27% | SUE: 0.33 | # QB: 0
Revenue Correlation: 87.23 | Revenue CAGR: 28.54% | SUE: 2.55 | # QB: 1
EPS current Quarter (2026-09-30): EPS=4.60 | Chg30d=+0.33% | Revisions=+17% | Analysts=3
EPS current Year (2026-12-31): EPS=18.94 | Chg30d=+0.04% | Revisions=+56% | GrowthEPS=+6.5% | GrowthRev=+11.2%
EPS next Year (2027-12-31): EPS=20.74 | Chg30d=+0.15% | Revisions=+69% | GrowthEPS=+9.5% | GrowthRev=+10.0%
[Analyst] Revisions Ratio: +66% (up=25, down=4)