MTU Aero Engines AG
XETRA:MTX

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MTU Aero Engines AG Logo
MTU Aero Engines AG
XETRA:MTX
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Price: 283.4 EUR -1.22% Market Closed
Market Cap: €15.3B

P/E

15
Current
31%
Cheaper
vs 3-y average of 21.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
15
=
Market Cap
€17.9B
/
Net Income
€1B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
15
=
Market Cap
€17.9B
/
Net Income
€1B

Valuation Scenarios

MTU Aero Engines AG is trading below its 3-year average

If P/E returns to its 3-Year Average (21.6), the stock would be worth €407.83 (44% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+593%
Average Upside
188%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 15 €283.4
0%
3-Year Average 21.6 €407.83
+44%
5-Year Average 27.8 €525.81
+86%
Industry Average 104 €1 964.75
+593%
Country Average 19.3 €363.87
+28%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€17.9B
/
Jan 2026
€1B
=
15
Current
€17.9B
/
Dec 2026
€1B
=
17.5
Forward
€17.9B
/
Dec 2027
€1.1B
=
15.9
Forward
€17.9B
/
Dec 2028
€1.2B
=
14.4
Forward
€17.9B
/
Dec 2029
€1.4B
=
12.5
Forward
€17.9B
/
Dec 2030
€1.6B
=
11.5
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

Market Distribution

In line with most companies in Germany
Percentile
35th
Based on 2 106 companies
35th percentile
15
Low
0 — 13.8
Typical Range
13.8 — 29.5
High
29.5 —
Distribution Statistics
Germany
Min 0
30th Percentile 13.8
Median 19.3
70th Percentile 29.5
Max 8 582.9

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.

MTX Intrinsic Value
348.87 EUR
Undervaluation 19%
Intrinsic Value
Price €283.4
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