BN · rank #12 · 2026-09-07

MTX

XETRA · EUR · $21.74B (USD)

SignalBuy1.0strength 1.0 / 10

verdict · PROCEED

The exact numbers the algorithm saw.

Bottleneck themes

The structural shortage this name supplies into.

European defense ammunition bottleneck

Factor scores and the inputs behind this pick.
Composite score Z-score blend of the factors below; drives the rank.	-0.53
Forward revenue growth Consensus forward revenue growth.	+9.9%
Forward net margin Consensus forward net margin.	+10.1%
Net margin TTM Trailing twelve month net margin.	+10.2%
Margin expansion Forward minus trailing net margin (percentage points).	-0.1%
Forward PEG Forward P/E to growth. Below 1 is cheap for the growth.	1.39
Debt / FCF Net debt relative to free cash flow. Lower is safer.	4.50×
Analyst upside Spread between the consensus 12m target and the current price.	+16.4%
Last EPS surprise Most recent reported EPS versus consensus.	+3%
Market cap (USD)	$21.74B

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

MTU Aero Engines AG is a leading German aerospace propulsion manufacturer and maintenance provider with a critical role in military and commercial engine programs.

Rationale

MTU's €31.6 billion order backlog and specialized maintenance capacity position it to capture highly visible revenue as a key solver of the global GTF engine availability bottleneck.

Material risks

1Escalating warranty, maintenance, and remediation costs from the Pratt & Whitney GTF engine recall that continue to weigh on the company's cash flow.
2Slower-than-expected aftermarket shop visits or commercial OEM production bottlenecks that could limit near-term revenue growth and margin expansion.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI

Proceed

Gemini

Proceed

Claude

Caution