Moog Inc. (MOG.B) stock analysis

P/E above its 5-year median

Moog's P/E of 30.9 is above its own 5-year median of 26.8.

P/E above the industry

Moog's P/E of 30.9 is above the Industrial and Commercial Machinery and Computer Equipment median of 27.7.

EV/EBITDA above its 5-year median

Moog's EV/EBITDA of 17.8 is above its 5-year median of 15.9.

P/B above the industry

Moog's price-to-book of 5.17 is above the Industrial and Commercial Machinery and Computer Equipment median of 2.90.

Trading above fair value

The share price of $362.81 is above our fair value estimate of $310.23.

Margin of safety under 20%

The price is 16.9% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 8.3% a year over the last three fiscal years, short of the 10% we look for.

EPS growing 10%+ a year

Diluted EPS grew 14.9% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew 76.9% over the last twelve months, against a 5-year average of 91.2% a year.

Growing faster than the industry

Revenue grew 15.7% over the last twelve months; the Industrial and Commercial Machinery and Computer Equipment median is 10.5%.

Guidance raised

Moog raised its FY 2026 Net sales outlook on Jul 31, 2026.

Gross margin improving

Gross margin was 28.2% over the last twelve months, against 27.5% a year earlier.

Return on equity under 15%

Return on equity was 18.2% over the last twelve months and averaged 11.8% over five years; we look for 15% on both.

Return on capital over 10%

Return on invested capital was 16.5%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Moog's return on equity of 18.2% is above the Industrial and Commercial Machinery and Computer Equipment median of 8.2%.

Earnings grew over 5 years

Net income grew 91.2% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 8.7% over the last twelve months, against a 5-year average of 5.6%.

Net margin above the industry

Moog's net margin of 8.7% is above the Industrial and Commercial Machinery and Computer Equipment median of -39.4%.

High debt

Debt is 40.9% of shareholders' equity, above the 40% we consider low.

Debt falling against equity

Debt to equity fell from 74.8% five years ago to 40.9%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 53.5% of total debt.

Interest well covered

Operating income covers interest expense 8.6 times.

Short-term assets cover short-term debts

Current assets are 2.09 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 5.26; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Moog paid dividends worth 0.3% of the share price over the last twelve months.

Yield below Treasuries

The 0.3% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 4.0% or more; Moog yields 0.3%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Covered by earnings

Dividends take 9.9% of net income.

Covered by free cash flow

Dividends take 10.7% of free cash flow.