Industrials / Aerospace & Defense

TransDigm Group Incorporated (TDG)

$1246.98
+0.69%
$70.4B
Market Cap
39.2
P/E Ratio
0.88
Beta
Dividend Yield
Piotroski 6/9Altman Z 1.9 Gray ZoneBeneish M -2.32 CleanROIC−WACC +7.3%

Quantitative Summary

Deterministic

TDG trades at 39.2x earnings, roughly in line with its sector average of 44.7x. Financial health is average: Piotroski 6/9, Altman Z 1.9. DCF fair value of $860 implies 30% downside based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics reveal a distinct tension between robust operational efficiency and deteriorating capital structure metrics. While the company generates substantial free cash flow supported by an ROIC-WACC spread of +7.4% and exceptional net margins of 23.5%, the DuPont decomposition exposes significant leverage issues, with an equity multiplier of -2.37x driving a negative reported ROE of -21.4%. This accounting anomaly is contextualized by strong profitability signals: a Beneish M-Score of -2.32 suggests low earnings manipulation risk, and a Piotroski F-Score of 6/9 indicates solid financial strength despite the leverage distortion. Revenue growth remains healthy at 11.2% annually, yet the Altman Z-Score of 1.9 flags elevated bankruptcy risk due to the aggressive use of debt financing relative to equity.

Valuation metrics suggest the market is pricing in significantly higher long-term growth than current discounted cash flow models support. The stock trades at a premium P/E of 37.6x, exceeding the sector average of 32.1x, while the DCF model implies an upside of -23.4% relative to a fair value of $887. This discrepancy aligns with an implied ten-year free cash flow growth rate of 17.0%, which appears aggressive given that profitability factor alpha is currently weak at -0.194. The negative Fama-French alpha of -11.33% further indicates the stock has underperformed relative to its risk factors over time, suggesting investors may be paying for growth expectations that have not yet materialized or are priced in too optimistically.

Risk assessment highlights a concerning divergence between institutional ownership and insider sentiment. While profitability metrics remain technically strong on an operational basis, the recent 90-day net insider selling of approximately $178 million signals potential caution from management regarding future prospects or valuation levels. Combined with the weak profitability factor alpha and negative DCF upside, these data points construct a risk profile where the high multiple is not fully justified by current fundamental performance or downside protection metrics derived from standard financial scoring models.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$1246.98
Fair Value
$848
Implied Upside
-32.0%
$848IMPLIED FAIR VALUEOVERVALUEDOVERUNDER
Growth Rate (Y1–5)23%
-10%20%50%
Discount Rate (WACC)8.7%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
17.9%annual FCF growth priced in at $1246.98

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 11% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6.7%8.7%10.7%
2%$1210$694$416
3%$1604$860$505
4%$2290$1098$619

Center = base case. Green = >10% upside, Red = >10% downside vs $1246.98.

Pre-computed DCF: WACC=8.7%, terminal growth 3%. Fair value $860 (-30.2%). Not investment advice.

Valuation Context

39.2x
TDG P/E
44.7x
Sector Avg
37.1x
5Y Avg P/E
-12%
vs Sector

Currently trading 5% above its 5-year average P/E of 37.1x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

TDG is trading below both its 50-day and 200-day moving averages, indicating that it has been under pressure recently. The RSI reading of 34.2 suggests the stock may be approaching oversold territory, which could imply a potential rebound in momentum if positive factors emerge.

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

6/9
Piotroski F-Score
Average — mixed operational signals
1.9
Altman Z-Score
Grey Zone — between 1.8 and 3.0 thresholds. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.32
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

60.1%
Gross Margin
23.5%
Net Margin
16.0%
ROIC
8.7%
WACC
ROIC − WACC Spread: +7.3%— Positive value creation spread.
+11.2%
Revenue Growth (YoY)
+21.0%
Earnings Growth (YoY)
1.8B
Free Cash Flow
530%
FCF Payout Ratio

⚠️ Dividend consumes >80% of FCF — sustainability risk.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

23.5%
Net Profit Margin
NI ÷ Revenue
×
0.39x
Asset Turnover
Revenue ÷ Assets
×
-2.37x
Equity Multiplier
Assets ÷ Equity
=
-21.4%
Return on Equity
✅ ROE driven primarily by strong profit margins — a sign of pricing power.

Balance Sheet Health

-3.37x
Debt / Equity
3.21x
Current Ratio
2.7x
Interest Coverage
5.8x
Net Debt / EBITDA
1.92%
FCF Yield
4.6B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$179M
Net Selling
2
Buy Transactions
12
Sale Transactions
2026-03-20GRAFF MICHAEL SSold 1/5 qtrsGrant$36,440
2026-03-20CRONIN JANE M.Grant$36,440
2026-03-20HOWLEY W NICHOLASSold 5/5 qtrsGrant$137,257
2026-03-20PALMER PETER JGrant$36,440
2026-03-20SANTANA MICHELEGrant$36,440

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $8.95
Act: $9.11
+1.8%
Q3
✗ Miss
Est: $9.90
Act: $9.60
-3.0%
Q2
✓ Beat
Est: $10.05
Act: $10.82
+7.6%
Q1
✓ Beat
Est: $8.04
Act: $8.23
+2.3%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$90.0000
Latest Dividend
$90.00
2025 Total
+20.0%
YoY Growth
3 yrs
Consecutive Increases
Annual Dividends per Share
$7.65
2009
$12.85
2012
$22.00
2013
$25.00
2014
$24.00
2016
$22.00
2017
$62.50
2019
$18.50
2022
$35.00
2023
$75.00
2024
$90.00
2025
DateAmountChange
2025-09-02$90.0000+20.0%
2024-10-04$75.0000+114.3%
2023-11-17$35.0000+89.2%
2022-08-18$18.5000-43.1%
2019-12-27$32.5000+8.3%
2019-08-15$30.0000+36.4%
2017-08-31$22.0000-8.3%
2016-10-20$24.0000-4.0%
2014-06-12$25.0000+13.6%
2013-07-11$22.0000+71.2%
2012-10-23$12.8500+68.0%
2009-10-14$7.6500

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

27.9%
Annual Volatility
-0.05
Sharpe (1Y)
-24.8%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.72
Market β
Mkt-RF
-0.285
Size (SMB)
Large-cap tilt
-0.058
Value (HML)
Neutral
-0.194
Profit (RMW)
Weak
+0.315
Invest (CMA)
Conservative
Alpha (annual): -11.33%
R²: 25.3%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

26.8
Forward P/E
3.05
PEG Ratio
-7.66
Price/Book
399736
Avg Volume
$1623.83
52W High
$1123.61
52W Low
25%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$9.9B
Tracked Passive Exposure
8
ETFs Holding TDG
0.15%
Avg Weight in ETFs
$6.5T
Total ETF AUM

When investors buy or sell ETFs like ITA or XAR, the fund manager is mechanically forced to buy or sell TDG shares regardless of TransDigm Group Incorporated's individual fundamentals. We estimate $9.9B of passive capital is structurally linked to TDG through 8 tracked ETFs. This substantial passive exposure means that ETF inflows and outflows — not company fundamentals — can dominate daily volume on this stock.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in TransDigm Group Incorporated to visualize passive redemption contagion across ETFs and collateral stocks.

TDG Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
TDGEpicenterVTIETFVOOETFIVVETFGELow RiskRTXMed RiskBAHigh RiskGELow RiskCATLow Risk
TDG Price Drop (%)0

If TransDigm Group Incorporated (TDG) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies GE Aerospace (GE) as the most exposed collateral stock, sharing 1 ETFs with TDG. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 29 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

TDG Ownership Dynamics

Passive funds hold 1 in every 7 TDG shares, reducing daily market volatility.

Ticker
TDG
Total Shares
56M
ETF Lock-Up
14.9%
Display Mode
Total Float Impact
14.9%Locked Float

TransDigm Group Incorporated (TDG) exerts measurable gravity on the passive index market, currently representing 4.5% of the ITA (ITA) and 3.0% of the XAR (XAR). Across 28 tracked ETFs, approximately 8M shares (14.9% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 28 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

TDG Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
TDG
PRICE
$1246.98
FLOOR (POC)
$1291.81
STRENGTH
High
$1134$1153$1173$1193$1213$1232$1252$1246.98$127210%$1292POC 15%$131215%$13319%$13518%$1371$1391$1411$1430$1450$1470$1490$1509
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for TransDigm Group Incorporated over the past year sits near $1291.81 (15% of 252-day volume). The current price of $1246.98 sits 3.5% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level. The highly concentrated volume profile (15% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

TDG Capital Efficiency

How efficiently does TransDigm Group Incorporated convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$1.8B
EBITDA
$4.6B
FCF Conversion
40%
Reinvestment Rate
60%
40% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
16.0%
ROIC − WACC Spread
7.3%

TransDigm Group Incorporated converts 40% of its EBITDA into free cash flow, a moderate conversion rate — significant EBITDA is consumed by capital expenditures, working capital changes, or interest payments. The 60% reinvestment rate signals aggressive capacity expansion. The positive ROIC-WACC spread of 7.3% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-08342$1241.98$424,757.16
2026-05-07248$1233.37$305,875.76
2026-05-06403$1191.33$480,105.99
2026-05-051,177$1149.72$1.4M
2026-05-044,355$1154.45$5.0M
2026-04-229,392$1205.67$11.3M
2026-04-219,567$1274.62$12.2M
2026-04-153$1296.58$3,889.74
2026-04-024,387$1173.27$5.1M
2026-03-3131$1132.88$35,119.28
2026-03-26332$1156.49$383,954.68
2026-03-25549$1162.78$638,366.22
2026-03-24538$1152.97$620,297.86
2026-03-23551$1177.39$648,741.89
2026-03-199,940$1199.94$11.9M
2026-03-13990$1225.95$1.2M
2026-03-122,137$1258.34$2.7M
2026-03-0941$1294.53$53,075.73
2026-03-033,559$1316.26$4.7M
2026-02-262,009$1295.12$2.6M
2026-02-19427$1315.33$561,645.91
2026-02-0557$1264.79$72,093.03
2026-02-0332,609$1435.52$46.8M
2026-01-301,033$1422.00$1.5M
2026-01-218,930$1448.55$12.9M
2026-01-064,836$1367.89$6.6M
2025-12-2222$1276.83$28,090.26
2025-12-17200$1270.57$254,114
2025-12-162$1292.08$2,584.16
2025-12-151,066$1294.65$1.4M

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
HEI0.4480.350Moderate
VRTX0.4340.122Moderate
FIS0.3960.378Moderate
SARO0.3700.352Moderate
NDAQ0.3700.461Moderate
ZTS0.3660.314Moderate
KKR0.3560.388Moderate
MCO0.3530.386Moderate
ACN0.3510.363Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare TDG to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.