Montana Aerospace AG/Fr. AERO
1D1W1MYTD1Y5YMAX
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
77.27
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
97K
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)
146.856
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 151,210
Management effectiveness
Return on assets (TTM)
2.71%
Return on equity (TTM)
4.44%
Valuation
Price to earnings (TTM)
77.273
Price to revenue (TTM)
1.497
Price to book
1.44
Price to tangible book (TTM)
1.97
Price to free cash flow (TTM)
15.906
Free cash flow yield (TTM)
6.29%
Free cash flow per share (TTM)
1.474
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%
Bulls say / Bears say
Backed by a record order backlog of more than EUR 7 billion, Montana Aerospace has strong visibility into future production requirements and revenue growth opportunities (Deutsche Boerse).
In H1 2026, net sales rose 11.7% year-on-year to EUR 518.4 million while EBITDA increased 12.2% to EUR 87.1 million, demonstrating robust demand and improved operating leverage (Reuters via Bitget News).
Net debt declined to EUR 64.7 million (0.4x LTM EBITDA) by June 30, 2026—down from 0.8x at December 31, 2025—strengthening the balance sheet ahead of an anticipated net cash position by year-end (Deutsche Boerse).
Operating cash flow declined to EUR 26.4 million in H1 2026 from EUR 38.5 million a year earlier, indicating lower cash generation from core operations and increased reliance on factoring (Reuters via Bitget News).
The Alpine Metal Tech segment saw net sales fall 2.3% to EUR 33.3 million and adjusted EBITDA drop from EUR 2.6 million to EUR 1.1 million in H1 2026, highlighting volatility and underperformance in non-core activities (Deutsche Boerse).
CEO Kai Arndt resigned effective April 21, 2026, with interim management by the existing leadership team, potentially disrupting strategic continuity until a permanent successor is named (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 24 Aug 2026.
Upcoming events
No upcoming events
Funds containing AERO
AllEURGBPUSD
Fund name | Fund size | Fr. AERO weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.05% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.05% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
iShares MSCI World Small Cap£WLDS | £6.7B | 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.