MTX Stock Analysis: MTU Aero Engines | XETRA
Aerospace & Defense | XETRA, Germany | Market Cap: 19.282m EUR | 12M Return: -3.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 48.3M
EPS Trend: 97.3%
Qual. Beats: 0
Rev. Trend: 87.2%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 (XETRA: MTX) is a Munich-based German aerospace company founded in 1913 that designs, manufactures, sells, and maintains commercial and military aircraft engines, as well as industrial gas turbines derived from aero engines. It operates through two segments: the Original Equipment Manufacturing (OEM) business and the Maintenance, Repair, and Overhaul (MRO) business, and serves customers in Europe, North America, Asia, and other international markets across widebody, narrowbody, regional jet, helicopter, business jet, and turboprop platforms.
The company is classified within the GICS Industrials sector under the Aerospace & Defense sub-industry. The global commercial aero engine market is an oligopoly dominated by a small group of major manufacturers (notably GE Aerospace, Pratt & Whitney, Rolls-Royce, and Safran), and MTU typically participates as a risk- and revenue-sharing partner on large engine programs rather than as a sole prime, which is a common structural feature of the industry. The split between OEM and aftermarket MRO activity is also characteristic of the sector, with the MRO segment typically generating more stable, cycle-resistant revenue tied to the installed base of engines already in service.
- PW1100G GTF recall drives MRO shop visit surge
- Airbus A320neo production rate hikes boost OEM revenue
- Eurofighter and A400M military engine orders expand backlog
| Net Income: 886.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.15 > 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 (1.59b) to EBITDA (1.59b): 1.00 < 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 August 02, 2026, the stock is trading at EUR 361.80 with a total of 184,096 shares traded. Over the past week, the price has changed by +5.60%, over one month by -0.58%, over three months by +25.63% and over the past year by -3.24%.
Current recommended Stop Loss: 336.00 (which is 7.1% or 2.3 ATR below the current price).
MTU Aero Engines has no consensus analysts rating.
P/E Trailing = 19.3517
P/E Forward = 20.4499
P/S = 2.2425
P/B = 4.2088
P/EG = 1.6228
Revenue TTM = 9.23b EUR
EBIT TTM = 1.14b EUR
EBITDA TTM = 1.59b EUR
Long Term Debt = 2.03b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 385.0m EUR (from shortTermDebt, last quarter)
Debt = 2.88b EUR (from shortLongTermDebtTotal, last quarter) + Leases 326.0m
Net Debt = 1.59b EUR (calculated: Debt 2.88b - CCE 1.29b)
Enterprise Value = 20.9b EUR (19.3b + Debt 2.88b - CCE 1.29b)
Interest Coverage Ratio = 12.02 (Ebit TTM 1.14b / Interest Expense TTM 95.0m)
EV/FCF = 41.41x (Enterprise Value 20.9b / FCF TTM 504.0m)
FCF Yield = 2.42% (FCF TTM 504.0m / Enterprise Value 20.9b)
FCF Margin = 5.46% (FCF TTM 504.0m / 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 = 1.56 (Enterprise Value 20.9b / Total Assets 13.4b)
Interest Expense / Debt = 3.30% (Interest Expense 95.0m / Debt 2.88b)
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 = 0.63 (Debt 2.88b / totalStockholderEquity, last quarter 4.54b)
Debt / EBITDA = 1.00 (Net Debt 1.59b / EBITDA 1.59b)
Debt / FCF = 3.15 (Net Debt 1.59b / FCF TTM 504.0m)
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 = 18.64% (EBIT 1.14b / Capital Employed (Equity 4.10b + L.T.Debt 2.03b))
RoIC = 12.02% (NOPAT 909.9m / Invested Capital 7.57b)
WACC = 7.74% (E(19.3b)/V(22.2b) * Re(8.50%) + D(2.88b)/V(22.2b) * Rd(3.30%) * (1-Tc(0.20)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 30.68 | Cagr: 1.14%
[DCF] Terminal Value 77.97% ; FCFF base≈332.0m ; Y1≈380.6m ; Y5≈560.1m
[DCF] Fair Price = 127.1 (EV 8.43b - Net Debt 1.59b = Equity 6.84b / Shares 53.8m; 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=4.58 | Chg30d=-0.56% | Revisions=+17% | Analysts=3
EPS current Year (2026-12-31): EPS=18.59 | Chg30d=-0.34% | Revisions=-25% | GrowthEPS=+4.5% | GrowthRev=+9.9%
EPS next Year (2027-12-31): EPS=20.35 | Chg30d=+0.10% | Revisions=+25% | GrowthEPS=+9.5% | GrowthRev=+10.0%
[Analyst] Revisions Ratio: +12% (up=3, down=2)