DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AM - FR0014004L86 - Common Stock
272.2 EUR
-2.6 (-0.95%)
Taking everything into account, AM scores 5 out of 10 in our fundamental rating. AM was compared to 47 industry peers in the Aerospace & Defense industry. AM has only an average score on both its financial health and profitability. AM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AM was profitable.
In the past year AM had a positive cash flow from operations.
AM had positive earnings in each of the past 5 years.
In multiple years AM reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of AM (2.43%) is worse than 63.83% of its industry peers.
AM's Return On Equity of 12.64% is in line compared to the rest of the industry. AM outperforms 48.94% of its industry peers.
AM has a Return On Invested Capital (7.14%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AM is below the industry average of 9.56%.
The last Return On Invested Capital (7.14%) for AM is above the 3 year average (6.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.43% | ||
| ROE | 12.64% | ||
| ROIC | 7.14% |
ROA(3y)3.1%
ROA(5y)3.05%
ROE(3y)12.86%
ROE(5y)11.33%
ROIC(3y)6.6%
ROIC(5y)6.61%
1.3 Margins
Looking at the Profit Margin, with a value of 11.93%, AM belongs to the top of the industry, outperforming 82.98% of the companies in the same industry.
In the last couple of years the Profit Margin of AM has grown nicely.
The Operating Margin of AM (8.30%) is comparable to the rest of the industry.
AM's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 36.35%, AM is in the better half of the industry, outperforming 65.96% of the companies in the same industry.
In the last couple of years the Gross Margin of AM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.3% | ||
| PM (TTM) | 11.93% | ||
| GM | 36.35% |
OM growth 3Y5.28%
OM growth 5Y-4.21%
PM growth 3Y21.01%
PM growth 5Y8.89%
GM growth 3Y4.76%
GM growth 5Y3.34%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AM is destroying value.
Compared to 1 year ago, AM has less shares outstanding
Compared to 5 years ago, AM has less shares outstanding
The debt/assets ratio for AM has been reduced compared to a year ago.
2.2 Solvency
AM has a debt to FCF ratio of 0.17. This is a very positive value and a sign of high solvency as it would only need 0.17 years to pay back of all of its debts.
AM has a Debt to FCF ratio of 0.17. This is amongst the best in the industry. AM outperforms 100.00% of its industry peers.
AM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AM's Debt to Equity ratio of 0.03 is amongst the best of the industry. AM outperforms 95.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | N/A |
ROIC/WACC0.83
WACC8.62%
2.3 Liquidity
AM has a Current Ratio of 1.05. This is a normal value and indicates that AM is financially healthy and should not expect problems in meeting its short term obligations.
AM has a Current ratio of 1.05. This is in the lower half of the industry: AM underperforms 78.72% of its industry peers.
AM has a Quick Ratio of 1.05. This is a bad value and indicates that AM is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.75, AM is doing worse than 61.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
AM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.21%.
AM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.56% yearly.
AM shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.91%.
The Revenue has been decreasing by -3.28% on average over the past years.
EPS 1Y (TTM)-2.21%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%-29.38%
Revenue 1Y (TTM)29.91%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%12.43%
3.2 Future
Based on estimates for the next years, AM will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.06% on average per year.
Based on estimates for the next years, AM will show a quite strong growth in Revenue. The Revenue will grow by 16.18% on average per year.
EPS Next Y9.74%
EPS Next 2Y19.5%
EPS Next 3Y17.41%
EPS Next 5Y19.06%
Revenue Next Year14.29%
Revenue Next 2Y19.57%
Revenue Next 3Y17.1%
Revenue Next 5Y16.18%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.25, the valuation of AM can be described as expensive.
Based on the Price/Earnings ratio, AM is valued a bit cheaper than the industry average as 78.72% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AM to the average of the S&P500 Index (26.39), we can say AM is valued inline with the index average.
The Price/Forward Earnings ratio is 15.48, which indicates a correct valuation of AM.
AM's Price/Forward Earnings ratio is rather cheap when compared to the industry. AM is cheaper than 95.74% of the companies in the same industry.
AM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.25 | ||
| Fwd PE | 15.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AM is valued cheaper than 97.87% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AM indicates a rather cheap valuation: AM is cheaper than 93.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.67 | ||
| EV/EBITDA | 6.66 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AM does not grow enough to justify the current Price/Earnings ratio.
AM's earnings are expected to grow with 17.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.8
PEG (5Y)4.15
EPS Next 2Y19.5%
EPS Next 3Y17.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.73%, AM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.87, AM pays a better dividend. On top of this AM pays more dividend than 91.49% of the companies listed in the same industry.
AM's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
The dividend of AM is nicely growing with an annual growth rate of 9.70%!
Dividend Growth(5Y)9.7%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
AM pays out 47.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of AM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP47.21%
EPS Next 2Y19.5%
EPS Next 3Y17.41%
EPA:AM (12/22/2025, 5:36:15 PM)
272.2
-2.6 (-0.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners10.2%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap21.34B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.83
Price Target330 (21.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
Yearly Dividend3.37
Dividend Growth(5Y)9.7%
DP47.21%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.11%
PT rev (3m)-1.59%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.41%
EPS NY rev (3m)-2.73%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.51%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.25 | ||
| Fwd PE | 15.48 | ||
| P/S | 3.26 | ||
| P/FCF | 17.67 | ||
| P/OCF | 14.32 | ||
| P/B | 3.45 | ||
| P/tB | 3.55 | ||
| EV/EBITDA | 6.66 |
EPS(TTM)9.99
EY3.67%
EPS(NY)17.59
Fwd EY6.46%
FCF(TTM)15.4
FCFY5.66%
OCF(TTM)19
OCFY6.98%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.8
PEG (5Y)4.15
Graham Number133.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.43% | ||
| ROE | 12.64% | ||
| ROCE | 8.55% | ||
| ROIC | 7.14% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 8.3% | ||
| PM (TTM) | 11.93% | ||
| GM | 36.35% | ||
| FCFM | 18.42% |
ROA(3y)3.1%
ROA(5y)3.05%
ROE(3y)12.86%
ROE(5y)11.33%
ROIC(3y)6.6%
ROIC(5y)6.61%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.9%
ROCE(5y)7.92%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y5.28%
OM growth 5Y-4.21%
PM growth 3Y21.01%
PM growth 5Y8.89%
GM growth 3Y4.76%
GM growth 5Y3.34%
F-Score7
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Debt/EBITDA | 0.23 | ||
| Cap/Depr | 143.16% | ||
| Cap/Sales | 4.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 201.03% | ||
| Profit Quality | 154.4% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | N/A |
F-Score7
WACC8.62%
ROIC/WACC0.83
Cap/Depr(3y)157.54%
Cap/Depr(5y)327.51%
Cap/Sales(3y)5.08%
Cap/Sales(5y)5.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.21%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%-29.38%
EPS Next Y9.74%
EPS Next 2Y19.5%
EPS Next 3Y17.41%
EPS Next 5Y19.06%
Revenue 1Y (TTM)29.91%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%12.43%
Revenue Next Year14.29%
Revenue Next 2Y19.57%
Revenue Next 3Y17.1%
Revenue Next 5Y16.18%
EBIT growth 1Y48.25%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year47.66%
EBIT Next 3Y31.47%
EBIT Next 5Y27.78%
FCF growth 1Y-43.19%
FCF growth 3Y1%
FCF growth 5YN/A
OCF growth 1Y-37.02%
OCF growth 3Y4.2%
OCF growth 5YN/A
DASSAULT AVIATION SA / AM.PA FAQ
What is the ChartMill fundamental rating of DASSAULT AVIATION SA (AM.PA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AM.PA.
What is the valuation status for AM stock?
ChartMill assigns a valuation rating of 5 / 10 to DASSAULT AVIATION SA (AM.PA). This can be considered as Fairly Valued.
How profitable is DASSAULT AVIATION SA (AM.PA) stock?
DASSAULT AVIATION SA (AM.PA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for AM stock?
The Price/Earnings (PE) ratio for DASSAULT AVIATION SA (AM.PA) is 27.25 and the Price/Book (PB) ratio is 3.45.
How sustainable is the dividend of DASSAULT AVIATION SA (AM.PA) stock?
The dividend rating of DASSAULT AVIATION SA (AM.PA) is 6 / 10 and the dividend payout ratio is 47.21%.