BWX Technologies, Inc. (BWXT) vs FTAI Aviation Ltd. (FTAI)

BWX Technologies, Inc. and FTAI Aviation Ltd. are both Aerospace & Defense companies. FTAI Aviation Ltd. is the larger, with a market value of $18.2B against $12.8B — 1.4× the size. BWX Technologies, Inc. trades at the lower P/E: 35.7× against 37.6×. FTAI Aviation Ltd. grew revenue faster over the last twelve months: 45.3% against 22.7%. FTAI Aviation Ltd. has the higher net margin (15.3% vs 10.1%) and the lower return on invested capital (8.84% vs 9.71%). Both pay a dividend; FTAI Aviation Ltd. yields more (1.89% vs 1.10%). Across the 23 metrics below, FTAI Aviation Ltd. leads on 14 and BWX Technologies, Inc. on 9.

Valuation

Metric BWXT FTAI Aerospace & Defense median
P/E 35.69 37.57 33.00
P/S 3.61 5.77 3.63
P/B 9.52 44.46 3.24
Price to free cash flow 40.19 29.81 34.01
EV/EBITDA 22.40 21.03 18.69
EV/Sales 4.02 6.77 3.94
Earnings yield 2.80% 2.66% 1.31%
Free cash flow yield 2.49% 3.35% 0.00%

Profitability

Metric BWXT FTAI Aerospace & Defense median
Gross margin 22.08% 39.23% 25.48%
Operating margin 14.57% 23.93% 4.54%
Net margin 10.11% 15.34% 2.22%
Free cash flow margin 9.01% 19.36% 0.00%
Return on equity 28.21% 167.93% 6.43%
Return on assets 8.75% 11.12% 2.70%
Return on invested capital 9.71% 8.84% 1.56%

Growth

Metric BWXT FTAI Aerospace & Defense median
Revenue growth (TTM) 22.67% 45.26% 18.43%
EPS growth (last fiscal year) 16.61% 1,537.50% —
Revenue growth, 5-year CAGR 8.54% 53.12% 9.62%
Net income growth, 5-year CAGR 3.37% 0.00% 0.00%

Health

Metric BWXT FTAI Aerospace & Defense median
Debt to equity 1.51 8.55 0.24
Current ratio 2.40 5.28 2.72
Net debt to EBITDA 2.57 3.08 1.12

Dividend

Metric BWXT FTAI Aerospace & Defense median
Dividend yield 1.10% 1.89% 1.04%
Payout ratio 0.37 1.58 0.00

Size

Metric BWXT FTAI Aerospace & Defense median
Market cap 12.75b 18.16b 2.52b

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