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Montana Aerospace AG

Montana Aerospace AG

AERO.SW
Montana Aerospace AGCH flagSwiss Exchange
23.05
CHF
+0.15
- -
1.44BMarket Cap
Montana Aerospace AG
AERO.SW
(Swiss Exchange)

Recent

price

23.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
15.89
16.24
13.11
18.91
21.48
20.49
13.73
15.72
19.51
Revenue per Share
0.38
-0.43
-1.19
-1.17
-0.59
-0.61
0.58
-0.05
0.03
Basic EPS, GAAP
-1.29
-2.33
-2.57
-3.57
0.75
0.88
0.5
1.49
1.83
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
-0.05
0.61
0.09
-0.56
-0.01
2.69
3.22
Book Value per Share
2.87
2.12
0.73
17.03
10.72
10.39
9.99
11.51
12.34
Tangible Book Value per Share
48
48
48
42
61
62
62
62
60
Basic Weighted Avg Shares
766
783
632
790
1,306
1,270
851
979
1,175
Sales/Revenue/Turnover
3.51
-0.23
-4.53
-4.36
-2.01
-0.17
4.43
6.54
6.6
Operating Margin (%)
38
90
73
72
109
103
125
113
111
Depreciation Expense
18
-21
-57
-49
-36
-38
36
-3
2
Net Income, GAAP
23.48
- -
- -
- -
- -
- -
33.48
42.67
29.27
Effective Tax Rate (%)
2.41
-2.63
-9.07
-6.2
-2.76
-2.99
4.24
-0.31
0.17
Profit Margin (%)
26
1
101
642
580
335
367
342
365
Working Capital
79
176
231
449
466
259
240
219
118
LT Debt
285
257
211
905
958
934
929
998
1,021
Total Equity
- -
- -
- -
- -
- -
- -
2.03
3.03
4.69
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
20.31
2.78
6.24
Return on Capital (%)
- -
- -
- -
-384.05
-232.79
- -
- -
- -
1.96
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
6
- -
LT Borrowings
228
188
118
LT Finance Leases
- -
31
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
63
63
Market Capitalization
1,670
1,700
1,558

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
575
583
614
Cash, Cash Equivalents & STI
88
113
96
Accounts Receivable, Net
123
119
154
Inventories
289
269
292
Total Current Liabilities
212
242
249
Payables & Accruals
- -
- -
- -
ST Debt
2
6
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
67.98%
7.36%
Free Cash Flow
- -
13.08%
198.31%
Net Income, GAAP
- -
-67.87%
-108.51%
Sales/Revenue/Turnover
- -
13.92%
15.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
355
365
209
407
851
2025
238
412
248
267
979
2026
248
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
-0.33
-0.17
- -
0.58
2025
0.08
0.02
-0.28
- -
-0.05
2026
0.17
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Montana Aerospace AG (AERO.SW) manufactures complex lightweight structural components and assemblies for the aerospace industry, including structural parts for fuselage, wings, and landing gear; critical engine components subject to high thermal and mechanical loads; connecting parts for engine mounts; and functional components for cabin interiors, utilizing aluminum, titanium, superalloys, special steels, and composites through its vertically integrated one-stop-shop processes from raw material extrusion and recycling to final assembly. The company operates 16 production sites across Europe, North and South America, and Asia, serving leading OEMs such as Airbus, Boeing, and Lockheed Martin as well as Tier 1 suppliers with a local-to-local strategy; it was founded in 1814 as part of legacy operations and is headquartered in Reinach, Switzerland, as a subsidiary of Montana Tech Components AG. In recent strategic shifts, Montana Aerospace divested its E-Mobility segment (Alu Menziken Group) to Mengtai Germany in November 2024 and its Energy segment (ASTA Group) to an entity owned by DDr. Michael Tojner in September 2025, transforming into a pure-play aerostructures provider; it previously acquired ASCO Industries in 2022 for EUR 211 million and reported strong 9M 2025 results with net sales up 15.5% year-over-year to EUR 712.3 million and EBITDA up 28.6% to EUR 113.0 million, driven by higher volumes in commercial aerospace and extensions like ASCO's F-35 program partnership with Lockheed Martin.