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Montana Aerospace AG (AERO) Fair Value & Analysis

Industrials · CH · Market cap CHF 1.5B

MA Montana Aerospace AG AERO · SW
PriceCHF 20.70
Fair ValueCHF 6.86
Upside-66.9%
Quality94/100
Evidence: High Range CHF 5.15 – CHF 9.36

Fair value as of: Jun 24, 2026

From 23 valuation models · updated 5 days ago

Share price −12.3% over the past month.

Price vs Fair Value (12 months)

CHF 34.90 CHF 20.45 Fair Value CHF 6.86 Jun 2025 Jun 2026

12‑month range CHF 20.45 – CHF 34.90 · fair‑value band CHF 5.15 – CHF 9.36 · the CHF 20.70 price screens above the CHF 6.86 fair value. As of Jun 24, 2026.

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Analysis

Montana Aerospace AG (AERO) currently trades at CHF 20.70, while our model-based Fair Value estimate is CHF 6.86 — implying the stock looks roughly 66.9% overvalued today. We read business quality at 94/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Montana Aerospace AG generated revenue of CHF 997M at a net margin of 0.2%. Revenue grew 3.7% year over year. It earns a return on equity of 1.8%. Net debt stands at CHF 113M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) CHF 997M
Revenue growth (YoY) +3.7%
Net margin 0.2%
Return on equity 1.8%
Free cash flow CHF 73.6M FY2025
P/E ratio 53.6
More key figures
Operating margin 6.9%
EPS (TTM) CHF 0.4400
EPS growth (YoY) +102%
Net debt CHF 113M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Montana Aerospace AG design, develop, and manufacture system components and complex assemblies worldwide and complex assemblies worldwide. The company operates through Aerostructures and Alpine Metal Tech segments. It manufactures mission-critical components for aviation and space applications, which includes structural components for fuselage, wings, and landing gear; critical engine parts exposed to thermal and mechanical stresses; and large-format extrusion products, as well as high-precision titanium and aluminum components. The company also provides customized high-tech solutions for the steel, automotive, aerospace industries. In addition, it provides machines and automation solutions for machining, production control/optimization, testing, handling, and surface inspection of aluminum wheels for the aerospace, automotive, railway, and steel industries. Montana Aerospace AG was founded in 1814 and is headquartered in Reinach, Switzerland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Montana Aerospace AG reported revenue of CHF 986M in FY2025 versus CHF 762M in FY2021, a compound +6.6%/yr. Reported net income was CHF 20.5M in FY2025.

Revenue +6.6%/yr
FY21 CHF 762M
FY22 CHF 1.3B
FY23 CHF 1.5B
FY24 CHF 1.5B
FY25 CHF 986M
Net income
FY21 −CHF 47.3M
FY22 −CHF 36.1M
FY23 −CHF 38.0M
FY24 CHF 36.1M
FY25 CHF 20.5M

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Similar stocks

6 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE C$46.59 C$20.65 -56%
RTX Corporation RYTT34 R$154.00 R$88.18 -43%
The Boeing Company BCO €198.20 €51.07 -74%
Airbus SE EADSF $219.00 $130.77 -40%
Safran SA SAFRY $94.69 $58.09 -39%
Rolls-Royce Holdings RYCEY $18.79 $9.46 -50%

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Frequently asked questions

Is Montana Aerospace AG (AERO) undervalued?
As of Jun 24, 2026, our model estimates a fair value of CHF 6.86 versus a price of CHF 20.70 — about −67% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AERO?
Our 21-model fair value for Montana Aerospace AG is CHF 6.86 (as of Jun 24, 2026), built from audited fundamentals. The current price is CHF 20.70.
What is the quality score of AERO?
Montana Aerospace AG has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Montana Aerospace AG (AERO)?
Montana Aerospace AG reported trailing-twelve-month revenue of about CHF 997M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of AERO?
The net profit margin of Montana Aerospace AG is about 0.2%, meaning it keeps roughly 0.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.