Turbomecanica SA

Turbomecanica SA

BBVB:TBM
0.31
RON
+0.00
(-0.33%)
0.02EPS
15.12P/E
104.92MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.13
0.13
0.09
0.15
0.22
0.27
0.3
0.34
0.34
0.36
0.38
0.35
0.38
0.39
Basic EPS, GAAP
-0.05
-0.04
-0.02
-0.01
0.03
0.04
0.07
0.06
0.04
0.03
0.03
0.03
0.04
0.02
Free Cash Flow per Basic Share
-0.01
0.01
- -
0.03
0.03
- -
0.07
0.02
-0.01
0.02
0.01
0.03
0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
0.01
0.02
0.04
- -
- -
0.03
0.02
0.02
- -
Book Value per Share
0.16
0.11
0.09
0.09
0.13
0.16
0.2
0.22
0.29
0.33
0.33
0.4
0.41
0.4
Tangible Book Value per Share
0.12
0.08
0.06
0.06
0.1
0.14
0.19
0.21
0.29
0.32
0.33
0.39
0.41
0.4
Basic Weighted Avg Shares
369
369
369
369
369
369
369
369
363
363
363
369
369
369
Sales/Revenue/Turnover
46
48
34
54
83
100
112
124
125
131
138
131
140
143
Operating Margin (%)
-17.75
-15.44
-10.48
23.2
22.05
21.54
26.89
22.51
15.1
12.36
11.25
10.6
17.43
4.33
Depreciation Expense
5
8
5
4
6
7
8
9
9
11
11
8
12
13
Net Income, GAAP
-19
-14
-9
-4
11
14
25
22
13
12
12
11
16
7
Effective Tax Rate (%)
- -
- -
- -
- -
18.47
26.04
14.97
14.71
19.15
17.28
9.3
20.54
22.26
20.39
Profit Margin (%)
-41.35
-28.69
-24.98
-6.63
13.11
13.65
22.21
17.65
10.69
8.97
8.8
8.51
11.58
4.87
Working Capital
-30
3
3
-13
-12
4
15
22
35
64
70
68
78
78
LT Debt
21
23
17
8
3
6
2
4
4
2
2
10
10
8
Total Equity
58
41
33
32
46
60
75
82
108
121
123
146
152
149
Return on Invested Capital (%)
- -
- -
- -
- -
12.54
18.32
26.52
24.34
12.59
8.98
8.85
6.79
9.36
2.5
Return on Capital (%)
- -
- -
- -
- -
14.57
16.12
28.14
24.94
12.68
9.25
9.55
7.85
10.02
4.77
Return on Common Equity (%)
-26.49
-27.52
-23.17
-10.95
27.73
25.66
36.69
27.87
14.02
10.27
10.02
8.29
10.83
4.6

Capital Structure

RON

•

in mil. unless spec.
Jun'25
Sep'25
Mar'25
ST Debt
33
31
34
LT Borrowings
- -
- -
- -
LT Finance Leases
10
12
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
369
369
369
Market Capitalization
158
173
105

Working Capital

RON

•

in mil. unless spec.
Jun'25
Sep'25
Mar'25
Total Current Assets
150
148
140
Cash, Cash Equivalents & STI
29
25
17
Accounts Receivable, Net
11
13
10
Inventories
109
106
106
Total Current Liabilities
77
69
62
Payables & Accruals
- -
- -
- -
ST Debt
33
31
34
Deferred Revenue
- -
- -
- -

Growth Rates

RON

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.47%
13.72%
4.42%
Free Cash Flow
777.22%
-80.26%
-46.45%
Net Income, GAAP
-37.97%
-2.18%
44.96%
Sales/Revenue/Turnover
16.63%
2.46%
6.63%
Total Cash Common Dividend
- -
250.17%
5.89%

Quarterly Revenue

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
40
30
35
140
2025
46
34
27
37
- -

Quarterly Earnings Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
0.02
- -
0.04
2025
0.01
- -
- -
0.01
- -

Quarterly Dividends Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
- -

Company Description

CEO
Radu Viehmann
Full Time Employees
448
Sector
Electronic technology
Industry
Aerospace & defense
Address
Bucharest Romania
IPO Date
Oct 7, 1998
Business
Turbomecanica SA is a Romania-based high-precision engineering and manufacturing company primarily engaged in the manufacture, testing, and maintenance, repair, and overhaul (MRO) of aircraft turbine engines, dynamic helicopter mechanical systems, and precision components for civil and defense aerospace applications. Founded in 1975 and headquartered in Bucharest, Romania, the company operates manufacturing and testing facilities serving domestic armed forces as well as international aerospace and defense contractors across Europe and North America. Turbomecanica SA provides comprehensive manufacturing and engineering capabilities structured across several core business segments and product categories: aircraft propulsion systems, comprising the manufacturing, assembly, testing, and complete MRO of turbojet and turboshaft engines, including Viper 632 series turbojet engines and Turmo IV C turboshaft engines; rotary-wing dynamic assemblies, including main gearboxes, intermediate gearboxes, tail rotor gearboxes, main rotor heads, tail rotor heads, swashplates, and drive shafts for medium-lift helicopter platforms; high-precision aero-engine and airframe components, featuring precision-machined turbine discs, compressor assemblies, engine casings, combustion chambers, high-pressure shafts, and complex structural hardware; specialized special processes and testing services, including atmospheric and vacuum heat treatments, chemical and galvanic surface protection, plasma and thermal spray coatings, non-destructive testing (NDT), dimensional metrology, and laboratory calibration; and industrial engineering solutions, providing precision machining, refurbishment, and subassembly manufacturing for land-based industrial gas turbines, power generation equipment, and mechanical systems. The company maintains international quality and aerospace standards, holding AS/EN 9100, ISO 9001, EASA Part 145, EASA Part 21G, and NADCAP accreditations. In recent developments, Turbomecanica SA has continued to advance multi-year technological modernization and capital investment programs, adding advanced 5-axis computer numerical control (CNC) machining centers, automated inspection infrastructure, and modernized thermal processing capabilities to expand production capacity for complex aerospace parts. The company has reinforced long-term supplier partnerships with leading global aerospace original equipment manufacturers, including Leonardo Helicopters and Airbus Helicopters, supporting commercial and military aero-structure and dynamic system programs. Turbomecanica SA also maintains key multi-year framework contracts with the Romanian Ministry of National Defence for the sustainment, technical support, and overhaul of engines and mechanical transmissions powering the Romanian Air Force's IAR-330 Puma helicopter and IAR-99 trainer fleets. Additionally, to enhance operational resilience and reduce manufacturing energy costs, the company has completed on-site renewable energy projects, including rooftop photovoltaic installations at its Bucharest production campus, while pursuing strategic commercial diversification into precision components for civil aviation and energy sector equipment.