Company Valuation: Moog Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,507 2,277 3,615 6,416 6,487 11,777 - -
Change - -9.16% 58.75% 77.45% 1.11% 81.55% - -
Enterprise Value (EV) 1 3,311 3,011 4,409 7,228 7,370 12,474 12,345 12,088
Change - -9.05% 46.43% 63.92% 1.97% 69.25% -1.03% -2.08%
P/E 16.1x 14.7x 21.2x 31.4x 27.9x 29.1x 28.7x 30x
PBR 1.79x 1.58x 2.21x 3.49x 3.29x 5.17x 4.57x 3.99x
PEG - -17.9x 2x 1.6x 1.9x 0.4x 18.64x -6.99x
Capitalization / Revenue 0.88x 0.75x 1.09x 1.78x 1.68x 2.68x 2.5x 2.33x
EV / Revenue 1.16x 0.99x 1.33x 2x 1.91x 2.84x 2.62x 2.4x
EV / EBITDA 10.1x 8.52x 11.1x 15.2x 12.2x 18.7x 17.8x 16.2x
EV / EBIT 13.9x 9.77x 14.2x 18.9x 16.7x 22.9x 21.2x 18.7x
EV / FCF 20.1x 28x -118x 339x 57.4x 41x 61.7x 50.4x
FCF Yield 4.97% 3.57% -0.85% 0.3% 1.74% 2.44% 1.62% 1.99%
Dividend per Share 2 - 1 1.07 1.11 1.15 1.176 1.228 1.293
Rate of return - 1.41% 0.94% 0.55% 0.56% 0.32% 0.33% 0.35%
EPS 2 4.87 4.83 5.34 6.4 7.33 12.75 12.95 12.39
Distribution rate - 20.7% 20% 17.3% 15.7% 9.22% 9.48% 10.4%
Net sales 1 2,852 3,036 3,319 3,609 3,861 4,388 4,704 5,046
EBITDA 1 327.8 353.6 397.9 476.4 605 666.4 694.7 746
EBIT 1 237.7 308.3 311.1 383.3 440.1 545.2 581.8 646.7
Net income 1 157.2 155.2 171 207.2 235 397.5 366.6 397.5
Net Debt 1 804.1 733.9 794.1 812.4 883.5 697.2 568.1 311.1
Reference price 2 78.24 70.80 113.47 200.80 204.64 371.50 371.50 371.50
Nbr of stocks (in thousands) 32,121 31,981 31,898 31,991 31,678 31,671 - -
Announcement Date 11/5/21 11/4/22 11/3/23 11/1/24 11/21/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
29.13x2.84x18.72x0.32% 11.78B
39.46x7.1x29.49x0.54% 348B
34.45x3.19x18.95x1.38% 280B
35.84x5.27x22.2x0.95% 172B
18.42x1.77x12.75x2.5% 130B
21.85x1.85x15.12x1.7% 100B
26.29x1.88x13.23x1.94% 78.43B
18.6x1.94x13.79x1.8% 76.67B
32.34x3.58x15.7x1.27% 60.21B
Average 28.49x 3.27x 17.77x 1.38% 139.7B
Weighted average by Cap. 31.75x 4.16x 20.54x 1.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield