MTU Aero Engines AG
XETRA:MTX
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (1.7), the stock would be worth €309.1 (6% upside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.6 | €292.9 |
0%
|
| 3-Year Average | 1.7 | €309.1 |
+6%
|
| 5-Year Average | 1.6 | €290.19 |
-1%
|
| Industry Average | 2.6 | €481.75 |
+64%
|
| Country Average | 1 | €176.56 |
-40%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| DE |
|
MTU Aero Engines AG
XETRA:MTX
|
15.2B EUR | 1.6 | 15.5 | |
| US |
|
Raytheon Technologies Corp
NYSE:RTX
|
232.7B USD | 1.8 | 32.1 | |
| US |
|
RTX Corp
LSE:0R2N
|
231B USD | 1.7 | 31.8 | |
| US |
|
Boeing Co
NYSE:BA
|
176.6B USD | 1.5 | 91.8 | |
| NL |
|
Airbus SE
PAR:AIR
|
137.5B EUR | 1.3 | 26.7 | |
| FR |
|
Safran SA
PAR:SAF
|
112.1B EUR | 2.6 | 15.8 | |
| UK |
|
Rolls-Royce Holdings PLC
LSE:RR
|
92.8B GBP | 4.9 | 17.4 | |
| US |
|
Lockheed Martin Corp
NYSE:LMT
|
116.7B USD | 2.6 | 24.4 | |
| US |
|
Howmet Aerospace Inc
NYSE:HWM
|
95B USD | 10.1 | 63.1 | |
| US |
|
General Dynamics Corp
NYSE:GD
|
91.6B USD | 1.9 | 21.8 | |
| US |
|
Northrop Grumman Corp
NYSE:NOC
|
81.3B USD | 2.1 | 17.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.6 |
| Median | 1 |
| 70th Percentile | 1.6 |
| Max | 298.9 |
Other Multiples
MTU Aero Engines AG
Glance View
MTU Aero Engines AG, Germany's premier engine manufacturer, sits at the crossroads of innovation and precision engineering in the global aviation industry. Founded in 1934, the company has evolved through decades of technological advancements and market shifts to become a pivotal player in the aerospace sector. Central to MTU's operations is its prowess in the design, development, and manufacturing of aircraft engines — a business that thrives on both cutting-edge research and meticulous engineering. By collaborating with major international players like Pratt & Whitney and GE Aviation, MTU ensures that its engines power a significant portion of commercial and military aircraft worldwide. This collaboration extends into programs such as the Pratt & Whitney's geared turbofan engine, where MTU's contributions are indispensable in crafting superior propulsion systems. Financially, MTU Aero Engines AG derives its revenue from a triad of core operations: original equipment manufacturing (OEM) for commercial and military engines, the provision of maintenance, repair, and overhaul (MRO) services, and participation in power generation and gas turbine engines. The OEM segment capitalizes on MTU's engineering expertise, providing robust engines and key components that meet the stringent demands of modern aviation. Meanwhile, the MRO services highlight MTU's strategic insight; as aircraft engines require regular upkeep and enhancement, this segment guarantees a steady revenue stream. The nexus of these activities allows MTU to maintain an agile business model while spearheading innovations that define the future landscape of aviation propulsion technology.