Equity Brief · Industrials2026-09-01
TBM.RO·Industrials

Turbomecanica

I · AI Analysis

The brief

Turbomecanica manufactures turbojets, turboshaft engines, and precision aerospace components including compressor disks, turbine casings, welded thermal blankets, and aerodynamic control parts, while also providing overhaul and repair services for aircraft engines and helicopters [Turbomecanica website].

Turbomecanica is a Romanian aerospace and defense manufacturer producing aircraft engines, mechanical assemblies, and parts for military and commercial aviation, with 448 employees and operations spanning Europe, the US, and Asia [Turbomecanica website]. The company reported RON 128.5M in trailing revenue through June 30, 2026, with net profit growing 19% year-over-year in the first half of 2026 despite revenue declining in that same period [Ziarul Financiar] [Ziarul Bursa]. Financial health is moderate: positive cash generation is offset by a sharp contraction in operating margin and negative free cash flow [Yahoo Finance].

Revenue is growing year-over-year at +12.4%, but operating profitability collapsed by 11.4 percentage points versus the prior year, and the company burned RON 4.2M in free cash flow [Yahoo Finance].

The brief AI analysisConfidence 6/10

Sentinellis health

Moderate concerns

5.8/10

7.5+ strong · 4.5–7.5 moderate · under 4.5 weak

Profitability

16% of score3.3/10
Net margin+2.9%· need > 5%Gross margin+71.9%

Returns on capital

16% of score6.7/10
ROIC+10.4%Return on equity+2.5%· need > 12%

Growth & momentum

21% of score5.0/10
Revenue growth+12.4%Operating margin trend-11.4pp YoY· need not down > 3pp YoY

Balance sheet

32% of score10.0/10
Current ratio2.8xNet debt / EBITDA1.1xInterest coverage7.6xDebt / equity0.27

Cash generation

16% of score0.0/10
Free cash flowRON -4.2M· need positiveCash vs reported profitRON 278,203 vs RON 3.8M· need OCF > net income

Value creation

no data
ROIC vs cost of capital· no data

Sentinellis calculation from the published statements — not a score reported by any data source. Each category is scored on the checks that had data; missing inputs are excluded rather than counted as failures.

Market capitalisation

RON 119.0M

Revenue (TTM)

RON 128.5M

II · Recent news

What moved

3 stories · ranked by relevance

  • company2026-08-30

    Turbomecanica - venituri în scădere, profit în creştere - Ziarul Bursa

    Ziarul Bursa

  • company2026-08-28

    Turbomecanica SA Reports Earnings Results for the Half Year Ended June 30, 2026 - marketscreener.com

    marketscreener.com

  • company2026-08-28

    Bursă. Turbomecanica raportează profit net de 5,5 mil. lei în S1/2026, în creştere cu 19% an/an. Afaceri - Ziarul Financiar

    Ziarul Financiar

Premium · Free with any account

Operating margin collapsed by 11.4 percentage points compared to the prior year, falling from 16.7% to 5.3%, even as revenue grew 12.4% — indicating severe cost inflation or pricing pressure that is overwhelming top-line growth [Yahoo Finance]

1 of 5 risks in this report

Risks

5

Opportunities

4

Red flags

2

Leadership

4

10 more findings in the full report — free with any account.

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III · Related

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Produced 01 Sept 2026, 09:04 UTC

Figures come from company filings and market data. The Sentinellis health score and the wording attached to it are our interpretation of those figures, not numbers the company reported.

Not investment advice and not a recommendation to buy or sell. Sentinellis holds no positions in the companies it covers, takes no payment from issuers, and has no broker referral arrangements.

How every figure and score is calculated