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Stock Comparison · Structural lead, mixed market

MTU Aero Engines vs SUSS MicroTec: Which Stock Looks Stronger in 2026?

MTU Aero Engines holds the cleaner structural position, with valuation as the main driver and growth adding further support. SUSS MicroTec SE does not offset that deficit through any equally strong structural edge elsewhere. In the market, SUSS MicroTec SE carries the stronger setup — intact trend against MTU Aero Engines's broken trend. That leaves a split case: the structural lead stays with MTU Aero Engines, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the HDAX universe, making them directly comparable.

Updated 2026-05-17

The clearest separation starts in valuation, but growth adds another real layer to the result. The overall score gap is 20 points in favour of MTU Aero Engines AG.

Trajectory Similarity
0.68
Moderately similar
Peer-set rank: #9
within MTU Aero Engines AG's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The strongest overlap appears in revenue growth trajectory and capital structure.

Similarity drivers
revenue growth trajectorycapital structure
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
MTX.DE
MTU Aero Engines AG
52
Peer-Score
Signal qualitylow
Peer basis: HDAX
vs
SMHN.DE
SUSS MicroTec SE
32
Peer-Score
Signal qualitylow
Peer basis: HDAX

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: MTX.DE vs SMHN.DE Profitability 40 39 Stability 51 30 Valuation 86 49 Growth 23 0 MTX.DE SMHN.DE
Gap Ranking
#1 Valuation +37
#2 Growth +23
#3 Stability +21
#4 Profitability +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for MTX.DE and SMHN.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer MTX.DESMHN.DE Relative valuation Structural strength

MTU Aero Engines AG looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where MTX.DE and SMHN.DE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY MTX.DE Neutral · below norm 0th 50th 100th 32 pct gap SMHN.DE Elevated · near norm 0th 50th 100th 67th 99th
Today MTX.DE sits in the upper-middle of its own 5-year history (67th percentile), while SMHN.DE sits higher in its own history (99th). Within each stock's own 5-year context, MTX.DE is at a historically more favourable entry position than SMHN.DE. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but MTU Aero Engines AG leads clearly.
Growth
Neither side looks especially strong on growth, though MTU Aero Engines AG still ranks somewhat higher.
Valuation — Dominant Gap
MTX.DE
86
SMHN.DE
49
Gap+37in favour of MTX.DE

The multiple-based pricing edge comes from a forward P/E that is 14.5 turns lower.

What keeps the gap from being one-sided

SUSS MicroTec SE still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Valuation is the clearest driver, and growth also supports MTU Aero Engines AG's broader structural position.

Explore full peer positioning in AssetNext

Break down the MTX.DE vs SMHN.DE comparison across all dimensions with the full interactive tool.

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Similar valuation-and-growth comparisons

Explore how MTX.DE and SMHN.DE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.