Montana Aerospace AG/Fr. AERO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Montana Aerospace AG
Montana Aerospace AG is a Switzerland-based company operating in the aerospace and energy sectors. It specializes in developing and manufacturing components for aircraft, including lightweight construction and material processing solutions. The company's product portfolio includes structural parts, engine components, and other high-value products that are critical for aircraft performance. Founded in 1988, the company has expanded its operations across multiple regions to serve a global clientele. Montana Aerospace AG positions itself strategically through innovation in lightweight materials and advanced manufacturing techniques, which are key competitive strengths in enhancing fuel efficiency and sustainability in the aerospace industry. The company's headquarters are located in Reinach, Switzerland.
- Ticker
- Fr. AERO
- Sector
- Industrials
- Primary listing
- XSWX
- Employees
- 6,468
- Headquarters
- Reinach, Switzerland
- Website
- www.montana-aerospace.com
AERO Metrics
BasicAdvanced
CHF 1.5B
78.31
CHF 0.30
-
-
Price and volume
Market cap
CHF 1.5B
52-week high
CHF 35.30
52-week low
CHF 19.78
Average daily volume
69K
Financial strength
Current ratio
2.142
Quick ratio
1.119
Long term debt to equity
0.066
Total debt to equity
0.109
Interest coverage (TTM)
4.31%
Profitability
EBITDA (TTM)
143.051
Gross margin (TTM)
52.86%
Net profit margin (TTM)
1.96%
Operating margin (TTM)
7.13%
Effective tax rate (TTM)
28.51%
Revenue per employee (TTM)
CHF 147,290
Management effectiveness
Return on assets (TTM)
2.71%
Return on equity (TTM)
4.44%
Valuation
Price to earnings (TTM)
78.314
Price to revenue (TTM)
1.517
Price to book
1.42
Price to tangible book (TTM)
1.94
Price to free cash flow (TTM)
16.12
Free cash flow yield (TTM)
6.20%
Free cash flow per share (TTM)
1.436
Growth
Revenue change (TTM)
-35.15%
Earnings per share change (TTM)
-65.90%
3-year revenue growth (CAGR)
-9.23%
3-year earnings per share growth (CAGR)
-15.36%
What the Analysts think about AERO
Analyst ratings (Buy, Hold, Sell) for Montana Aerospace AG stock.
Analyst projections of the future price of Montana Aerospace AG stock.
Bulls say / Bears say
First-half 2026 sales grew 11.7% and EBITDA rose 12.2%, while Aerostructures’ EBITDA margin widened to 18.3%. The improvement in earnings suggests growth is translating into better profitability. (Montana Aerospace)
A record backlog of more than €7 billion supports revenue visibility, and management reaffirmed its 2026 and 2027 sales and EBITDA targets. If delivered, those targets imply continued expansion beyond this year. (Montana Aerospace)
The first Belgian-made F-35A horizontal tail has been completed by a consortium including subsidiary Asco, linking Montana Aerospace to a major defence programme. Its Romanian operations have also won new orders and industrialised programmes, with volumes rising. (Montana Aerospace, Montana Aerospace)
Operating cash flow was €26.4 million in the first half, and the fall in net debt was also helped by €62 million of Energy divestment proceeds. This means recent balance-sheet improvement does not yet demonstrate strong cash generation from operations alone. (Montana Aerospace)
Management kept its 2026 and 2027 targets unchanged despite stronger results, citing an uncertain macro outlook and unsigned defence and space opportunities. That leaves limited evidence so far that potential upside in those markets will become contracted revenue. (Investing.com)
Three Romanian investments costing about €90 million are coming fully online, but final qualifications and customer approvals are still under way. Delays in those steps could defer the output and returns expected from the added capacity. (Montana Aerospace)
Data summarised monthly by Lightyear AI. Last updated on 17 Oct 2026.
AERO Financial Performance
Revenues and expenses
AERO Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing AERO
AllUSDEURGBP
Fund name | Fund size | Fr. AERO weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.05% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.05% |
iShares Global Aerospace & Defence£DFND | $1.9B | 0.04% |
iShares Global Aerospace & Defence€DFND | $1.9B | 0.04% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.