Intuitive Machines, Inc. (LUNR) vs Moog Inc. (MOG.B)

Intuitive Machines, Inc. and Moog Inc. are both Aerospace & Defense companies. Intuitive Machines, Inc. and Moog Inc. are of similar size ($3.7B and $3.7B). Intuitive Machines, Inc. has negative trailing earnings, so its P/E is not meaningful; Moog Inc. trades at 33.0×. Intuitive Machines, Inc. grew revenue faster over the last twelve months: 116.9% against 15.8%. Moog Inc. has the higher net margin (8.73% vs −26.8%) and the higher return on invested capital (10.5% vs 0.00%). Across the 16 metrics below, Moog Inc. leads on 12 and Intuitive Machines, Inc. on 4.

Valuation

Metric LUNR MOG.B Aerospace & Defense median
P/E n/m 33.00 33.00
P/S 5.17 2.88 3.63
P/B n/m 5.60 3.24
Price to free cash flow n/m 35.21 34.01
EV/EBITDA n/m 21.03 18.69
EV/Sales 5.08 3.08 3.94
Earnings yield (6.09%) 3.03% 1.31%
Free cash flow yield (7.42%) 2.84% 0.00%

Profitability

Metric LUNR MOG.B Aerospace & Defense median
Gross margin 16.35% 28.20% 25.48%
Operating margin (27.51%) 11.93% 4.54%
Net margin (26.77%) 8.73% 2.22%
Free cash flow margin (38.31%) 8.18% 0.00%
Return on equity 39.21% 18.11% 6.43%
Return on assets (11.10%) 8.23% 2.70%
Return on invested capital 0.00% 10.52% 1.56%

Growth

Metric LUNR MOG.B Aerospace & Defense median
Revenue growth (TTM) 116.89% 15.81% 18.43%
EPS growth (last fiscal year) 84.23% 14.53% —
Revenue growth, 5-year CAGR — 6.00% 9.62%
Net income growth, 5-year CAGR — 91.17% 0.00%

Health

Metric LUNR MOG.B Aerospace & Defense median
Debt to equity (1.16) 0.41 0.24
Current ratio 1.66 2.09 2.72
Net debt to EBITDA 3.02 1.75 1.12

Dividend

Metric LUNR MOG.B Aerospace & Defense median
Dividend yield — 0.93% 1.04%
Payout ratio — 0.21 0.00

Size

Metric LUNR MOG.B Aerospace & Defense median
Market cap 3.66b 3.66b 2.52b

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