Added to YB: 2026-04-28
Pitch date: 2026-04-26
MTX.DE [bullish]
MTU Aero Engines AG
-0.82%
current return
Author Info
No bio for this author
Company Info
MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, sale, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.
Market Cap
EUR 15.7B
Pitch Price
EUR 291.90
Price Target
800.00 (+174%)
Dividend
1.23%
EV/EBITDA
9.35
P/E
15.78
EV/Sales
1.81
Sector
Aerospace and Defense
Category
value
MTU Aero Engines – Never waste a good aviation crisis – especially not when there are three new tailwinds
MTX.DE: Down 27.5% from ATH on Iran crisis (historical noise). PW1100G aftermarket alone justifies current price: discounted present value ~€11.5B vs €16.9B EV. All else (Eurofighter, FCAS, IGT, UAV via AeroDesignWorks, GE components) essentially free. 2030 PT €490-640 (67-118% upside, 14-19% CAGR). New drivers: AI data center conversions (IGT 8% rev by 2030), drone propulsion (€2B rev by 2040). Kerrisdale PT €545. Risks: GTF powder-metal extension, FCAS delay, EUR strength, technical incident. 5 moats: oligopoly, certification, aftermarket lock-in, 12,300 engine backlog, geo monopoly.
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