BWX Technologies, Inc. (BWXT) vs Moog Inc. (MOG.A)

BWX Technologies, Inc. and Moog Inc. are both Aerospace & Defense companies. BWX Technologies, Inc. and Moog Inc. are of similar size ($12.8B and $12.2B). Moog Inc. trades at the lower P/E: 32.6× against 35.7×. BWX Technologies, Inc. grew revenue faster over the last twelve months: 22.7% against 15.8%. BWX Technologies, Inc. has the higher net margin (10.1% vs 8.73%) and the lower return on invested capital (9.71% vs 10.5%). Both pay a dividend; BWX Technologies, Inc. yields more (1.10% vs 0.77%). Across the 23 metrics below, Moog Inc. leads on 13 and BWX Technologies, Inc. on 10.

Valuation

Metric BWXT MOG.A Aerospace & Defense median
P/E 35.69 32.59 33.00
P/S 3.61 2.84 3.63
P/B 9.52 5.53 3.24
Price to free cash flow 40.19 34.77 34.01
EV/EBITDA 22.40 20.78 18.69
EV/Sales 4.02 3.04 3.94
Earnings yield 2.80% 3.07% 1.31%
Free cash flow yield 2.49% 2.88% 0.00%

Profitability

Metric BWXT MOG.A Aerospace & Defense median
Gross margin 22.08% 28.20% 25.48%
Operating margin 14.57% 11.93% 4.54%
Net margin 10.11% 8.73% 2.22%
Free cash flow margin 9.01% 8.18% 0.00%
Return on equity 28.21% 18.11% 6.43%
Return on assets 8.75% 8.23% 2.70%
Return on invested capital 9.71% 10.52% 1.56%

Growth

Metric BWXT MOG.A Aerospace & Defense median
Revenue growth (TTM) 22.67% 15.81% 18.43%
EPS growth (last fiscal year) 16.61% 14.53% —
Revenue growth, 5-year CAGR 8.54% 6.00% 9.62%
Net income growth, 5-year CAGR 3.37% 91.17% 0.00%

Health

Metric BWXT MOG.A Aerospace & Defense median
Debt to equity 1.51 0.41 0.24
Current ratio 2.40 2.09 2.72
Net debt to EBITDA 2.57 1.75 1.12

Dividend

Metric BWXT MOG.A Aerospace & Defense median
Dividend yield 1.10% 0.77% 1.04%
Payout ratio 0.37 0.21 0.00

Size

Metric BWXT MOG.A Aerospace & Defense median
Market cap 12.75b 12.15b 2.52b

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