MTU Aero Engines AG (MTX) - Net Assets
Based on the latest financial reports, MTU Aero Engines AG (MTX) has net assets worth €3.91 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.78 Billion) and total liabilities (€7.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.91 Billion |
| % of Total Assets | 33.18% |
| Annual Growth Rate | 14.79% |
| 5-Year Change | 29.98% |
| 10-Year Change | 163.34% |
| Growth Volatility | 30.07 |
MTU Aero Engines AG - Net Assets Trend (2004–2024)
This chart illustrates how MTU Aero Engines AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MTU Aero Engines AG (2004–2024)
The table below shows the annual net assets of MTU Aero Engines AG from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.42 Billion | +16.77% |
| 2023-12-31 | €2.93 Billion | -5.57% |
| 2022-12-31 | €3.11 Billion | +12.54% |
| 2021-12-31 | €2.76 Billion | +4.74% |
| 2020-12-31 | €2.63 Billion | +8.83% |
| 2019-12-31 | €2.42 Billion | +12.92% |
| 2018-12-31 | €2.14 Billion | +7.76% |
| 2017-12-31 | €1.99 Billion | +32.61% |
| 2016-12-31 | €1.50 Billion | +15.37% |
| 2015-12-31 | €1.30 Billion | +9.45% |
| 2014-12-31 | €1.19 Billion | -2.62% |
| 2013-12-31 | €1.22 Billion | +12.03% |
| 2012-12-31 | €1.09 Billion | +20.22% |
| 2011-12-31 | €906.10 Million | +10.59% |
| 2010-12-31 | €819.30 Million | +12.13% |
| 2009-12-31 | €730.70 Million | +18.35% |
| 2008-12-31 | €617.40 Million | +9.86% |
| 2007-12-31 | €562.00 Million | -0.05% |
| 2006-12-31 | €562.30 Million | +6.44% |
| 2005-12-31 | €528.30 Million | +143.46% |
| 2004-12-31 | €217.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MTU Aero Engines AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 293510000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.94 Billion | 87.27% |
| Common Stock | €54.00 Million | 1.61% |
| Other Comprehensive Income | €-195.00 Million | -5.80% |
| Other Components | €569.00 Million | 16.92% |
| Total Equity | €3.36 Billion | 100.00% |
MTU Aero Engines AG Competitors by Market Cap
The table below lists competitors of MTU Aero Engines AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tbea Co Ltd
SHG:600089
|
$20.20 Billion |
|
Liberty Media Corporation Series C Liberty Formula One Common Stock
NASDAQ:FWONK
|
$20.23 Billion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
$20.25 Billion |
|
VeriSign Inc
NASDAQ:VRSN
|
$20.30 Billion |
|
International Consolidated Airlines Group S.A
MC:IAG
|
$20.16 Billion |
|
Korea Shipbuilding & Offshore Engineering Co Ltd
KO:009540
|
$20.10 Billion |
|
Bank of Nanjing Co Ltd
SHG:601009
|
$20.10 Billion |
|
CH Robinson Worldwide Inc
NASDAQ:CHRW
|
$20.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MTU Aero Engines AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,863,000,000 to 3,363,000,000, a change of 500,000,000 (17.5%).
- Net income of 633,000,000 contributed positively to equity growth.
- Dividend payments of 108,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 608,000,000.
- Other factors increased equity by 583,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €633.00 Million | +18.82% |
| Dividends Paid | €108.00 Million | -3.21% |
| Other Comprehensive Income | €-608.00 Million | -18.08% |
| Other Changes | €583.00 Million | +17.34% |
| Total Change | €- | 17.46% |
Book Value vs Market Value Analysis
This analysis compares MTU Aero Engines AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 87.72x to 5.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €3.95 | €346.10 | x |
| 2005-12-31 | €9.61 | €346.10 | x |
| 2006-12-31 | €10.34 | €346.10 | x |
| 2007-12-31 | €10.03 | €346.10 | x |
| 2008-12-31 | €11.77 | €346.10 | x |
| 2009-12-31 | €14.02 | €346.10 | x |
| 2010-12-31 | €15.72 | €346.10 | x |
| 2011-12-31 | €18.04 | €346.10 | x |
| 2012-12-31 | €21.49 | €346.10 | x |
| 2013-12-31 | €24.02 | €346.10 | x |
| 2014-12-31 | €23.27 | €346.10 | x |
| 2015-12-31 | €25.47 | €346.10 | x |
| 2016-12-31 | €28.02 | €346.10 | x |
| 2017-12-31 | €35.54 | €346.10 | x |
| 2018-12-31 | €37.24 | €346.10 | x |
| 2019-12-31 | €42.14 | €346.10 | x |
| 2020-12-31 | €46.40 | €346.10 | x |
| 2021-12-31 | €48.69 | €346.10 | x |
| 2022-12-31 | €55.09 | €346.10 | x |
| 2023-12-31 | €53.32 | €346.10 | x |
| 2024-12-31 | €61.04 | €346.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MTU Aero Engines AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.54%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.71x
- Recent ROE (18.82%) is above the historical average (15.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.09% | 0.01% | 0.71x | 12.53x | €-21.50 Million |
| 2005 | 6.23% | 1.53% | 0.84x | 4.83x | €-19.93 Million |
| 2006 | 15.85% | 3.69% | 0.78x | 5.53x | €32.87 Million |
| 2007 | 27.42% | 5.98% | 0.83x | 5.49x | €97.90 Million |
| 2008 | 29.11% | 6.60% | 0.85x | 5.18x | €117.96 Million |
| 2009 | 19.30% | 5.40% | 0.83x | 4.31x | €67.93 Million |
| 2010 | 17.36% | 5.25% | 0.79x | 4.18x | €60.27 Million |
| 2011 | 17.46% | 5.40% | 0.78x | 4.13x | €67.59 Million |
| 2012 | 15.96% | 5.15% | 0.79x | 3.91x | €64.97 Million |
| 2013 | 14.13% | 4.61% | 0.84x | 3.65x | €50.37 Million |
| 2014 | 16.46% | 5.00% | 0.81x | 4.04x | €76.75 Million |
| 2015 | 16.73% | 4.91% | 0.85x | 3.99x | €87.52 Million |
| 2016 | 20.81% | 6.60% | 0.81x | 3.90x | €162.17 Million |
| 2017 | 19.36% | 7.51% | 0.83x | 3.10x | €182.85 Million |
| 2018 | 21.59% | 9.79% | 0.67x | 3.31x | €239.98 Million |
| 2019 | 20.47% | 10.33% | 0.60x | 3.32x | €244.55 Million |
| 2020 | 5.44% | 3.50% | 0.49x | 3.17x | €-116.30 Million |
| 2021 | 8.28% | 5.30% | 0.50x | 3.10x | €-46.10 Million |
| 2022 | 10.91% | 6.21% | 0.58x | 3.04x | €27.60 Million |
| 2023 | -3.56% | -1.90% | 0.53x | 3.56x | €-388.30 Million |
| 2024 | 18.82% | 8.54% | 0.59x | 3.71x | €296.70 Million |
Industry Comparison
This section compares MTU Aero Engines AG's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $13,213,248,821
- Average return on equity (ROE) among peers: -16.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MTU Aero Engines AG (MTX) | €3.91 Billion | 0.09% | 2.01x | $20.17 Billion |
| V2X INC. DL-01 (1V1) | $997.08 Million | -1.44% | 2.24x | $1.92 Billion |
| Savosolar Oyj (5J4) | $39.99 Million | -0.68% | 0.70x | $1.09 Million |
| Summa Defence Oyj (5J40) | $35.40 Million | -11.49% | 0.82x | $54.47 Million |
| CREOTECH INS.S.A. ZY -10 (5OB) | $48.33 Million | -14.61% | 0.56x | $407.03 Million |
| NORSK TITANIUM NK-08 (84F) | $30.80 Million | -68.07% | 0.28x | $78.24 Million |
| NAMURA SHIPBLDG LTD (8AF) | $37.17 Billion | -22.65% | 2.33x | $1.74 Billion |
| Genesis Scale Holdings Limited (92N0) | $2.22 Billion | -1.83% | 0.25x | $45.77 Million |
| AviChina Industry & Technology Company Limited (AVT) | $58.15 Billion | 3.81% | 1.48x | $2.71 Billion |
| Yangzijiang Shipbuilding (Holdings) Ltd (B8O) | $33.38 Billion | 7.54% | 0.35x | $10.48 Billion |
| RED CAT HDGS INC.DL -001 (BQ73) | $54.77 Million | -51.32% | 0.11x | $1.24 Billion |
About MTU Aero Engines AG
MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing Business; and Maintenance, Repair, and Ove… Read more