Montana Aerospace AGMTASF 45 WACC % is 6.63% as of Jun. 26, 2026, which is 18% above its 10-year median of 5.63. GuruFocus rates MTASF with a GF Score™ of 45/100 and a GF Value™ of $19.98 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 358 Aerospace & Defense companies, Montana Aerospace AG ranks better than 75.7% on this metric.
As of today (2026-06-26), Montana Aerospace AG's weighted average cost of capital is 6.63%%. Montana Aerospace AG's ROIC % is 3.85% (calculated using TTM income statement data).
Montana Aerospace AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.
*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
For a comprehensive WACC calculation, please access the WACC Calculator.
Montana Aerospace AG (OTCPK:MTASF) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Montana Aerospace AG's weighted average cost of capital is 6.63%%. Montana Aerospace AG's ROIC % is 3.85% (calculated using TTM income statement data).
Montana Aerospace AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.
*Note: The beta of this company cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, Montana Aerospace AG's WACC %, along with its competitors' market caps and WACC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Montana Aerospace AG WACC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's WACC % distribution charts can be found below:
* The bar in red indicates where Montana Aerospace AG's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Montana Aerospace AG's market capitalization (E) is $1581.081 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, Montana Aerospace AG's latest one-year quarterly average Book Value of Debt (D) is $246.2558 Mil.
a) weight of equity = E / (E + D) = 1581.081 / (1581.081 + 246.2558) = 0.8652
b) weight of debt = D / (E + D) = 246.2558 / (1581.081 + 246.2558) = 0.1348
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 0.44%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Montana Aerospace AG's beta cannot be obtained because it has a price history shorter than 3 years. It will thus be set to 1 as default to calculate WACC.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 0.44% + 1 * 6% = 6.44%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, Montana Aerospace AG's interest expense (positive number) was $27.311 Mil. Its total Book Value of Debt (D) is $246.2558 Mil.
Cost of Debt = 27.311 / 246.2558 = 11.0905%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 12.687 / 43.106 = 29.43%.
Montana Aerospace AG's Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.8652
*
6.44%
+
0.1348
*
11.0905%
*
(1 - 29.43%)
=
6.63%
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Montana Aerospace AG (MTASF) has a WACC % of 6.63% as of Jun. 26, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Montana Aerospace AG and its competitors. This is 18% above median its historical median of 5.63. Over the past decade, Montana Aerospace AG's WACC % has ranged from 0.58 to 8.13. According to the industry distribution chart, Montana Aerospace AG ranks #87 out of 358 companies in the Aerospace & Defense industry, placing it in the top 24.3%.
Is Montana Aerospace AG's WACC % too high?
Montana Aerospace AG's current WACC % of 6.63% is 18% above median its 10-year median of 5.63. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 8.13. The Aerospace & Defense industry median WACC % is 9.82. Montana Aerospace AG's value of 6.63% is 32.5% below this industry median. Based on the distribution chart, Montana Aerospace AG ranks #87 out of 358 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Montana Aerospace AG has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Montana Aerospace AG's WACC % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Montana Aerospace AG ranks #87 out of 358 companies for WACC %. This places Montana Aerospace AG in the top 24% of its industry — outperforming the majority of peers. The industry median WACC % is 9.82. Montana Aerospace AG's value of 6.63% is 32.5% below this benchmark. Historically, Montana Aerospace AG's own WACC % has ranged from 0.58 to 8.13 over the past decade. While the company's 10-year median is 5.63 vs. the industry median of 9.82, Montana Aerospace AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for an Aerospace & Defense company?
The median WACC % among Aerospace & Defense companies is 9.82, based on 358 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Montana Aerospace AG's current WACC % of 6.63% is 32.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Montana Aerospace AG and its competitors. For the Aerospace & Defense industry, the median WACC % is 9.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montana Aerospace AG's current WACC % is 6.63%, which is 18% above median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montana Aerospace AG stock overvalued right now?
Based on GuruFocus' analysis, Montana Aerospace AG (MTASF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.98, compared to a current price of $25.71 — trading 28.7% above its estimated fair value. The current WACC % is 6.63%, which is 18% above median its 10-year median of 5.63 and 32.5% below the Aerospace & Defense industry median of 9.82. Montana Aerospace AG's overall GF Score™ is 45/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Montana Aerospace AG (MTASF), the current WACC % is 6.63% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Montana Aerospace AG (MTASF) Overvalued in 2026?
Based on GuruFocus' analysis, Montana Aerospace AG stock appears to be overvalued.
The current stock price of $25.71 is trading 28.7% above its estimated GF Value™ of $19.98.
GuruFocus considers Montana Aerospace AG to be Modestly Overvalued.
Key valuation signals for MTASF:
WACC %: 6.63% (18% above median its 10-year median of 5.63)
GF Value™: $19.98 vs. price of $25.71 (28.7% above fair value)
Industry Position: 32.5% below the Aerospace & Defense median (#87 of 358)
No single metric tells the full story. See the MTASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures, and customized assemblies, as well as semi-finished products for specialized applications in a wide array of end markets. The company's reportable segments are Aerostructures and Alpine Metal Tech. Maximum revenue is generated from the Aerostructures segment, which develops and manufactures aircraft parts. Its product portfolio ranges from structural components for fuselage, wings, and landing gear to critical engine components subject to high thermal and mechanical loads, and functional components for the cabin interior. Geographically, the company generates maximum revenue from the USA, followed by Brazil, Germany, China, the United Kingdom, Belgium, and other countries.
45GF Score
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