DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - EPA:AM - FR0014004L86 - Common Stock
293.2 EUR
-6.4 (-2.14%)
Overall AM gets a fundamental rating of 6 out of 10. We evaluated AM against 46 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of AM get a neutral evaluation. Nothing too spectacular is happening here. AM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AM had positive earnings in the past year.
In the past year AM had a positive cash flow from operations.
In the past 5 years AM has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: AM reported negative operating cash flow in multiple years.
1.2 Ratios
AM has a Return On Assets (2.43%) which is comparable to the rest of the industry.
The Return On Equity of AM (12.64%) is comparable to the rest of the industry.
AM's Return On Invested Capital of 7.14% is in line compared to the rest of the industry. AM outperforms 56.52% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AM is below the industry average of 9.09%.
The 3 year average ROIC (6.60%) for AM is below the current ROIC(7.14%), indicating increased profibility in the last year.
| 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
With an excellent Profit Margin value of 11.93%, AM belongs to the best of the industry, outperforming 91.30% of the companies in the same industry.
AM's Profit Margin has improved in the last couple of years.
AM's Operating Margin of 8.30% is in line compared to the rest of the industry. AM outperforms 52.17% of its industry peers.
In the last couple of years the Operating Margin of AM has declined.
With a decent Gross Margin value of 36.35%, AM is doing good in the industry, outperforming 60.87% of the companies in the same industry.
AM's Gross Margin has improved in the last couple of years.
| 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
The number of shares outstanding for AM has been reduced compared to 5 years ago.
Compared to 1 year ago, AM has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of AM is 0.17, which is an excellent value as it means it would take AM, only 0.17 years of fcf income to pay off all of its debts.
AM has a better Debt to FCF ratio (0.17) than 100.00% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that AM is not too dependend on debt financing.
The Debt to Equity ratio of AM (0.03) is better than 97.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | N/A |
ROIC/WACC0.91
WACC7.84%
2.3 Liquidity
A Current Ratio of 1.05 indicates that AM should not have too much problems paying its short term obligations.
AM's Current ratio of 1.05 is on the low side compared to the rest of the industry. AM is outperformed by 67.39% of its industry peers.
A Quick Ratio of 0.75 indicates that AM may have some problems paying its short term obligations.
The Quick ratio of AM (0.75) is comparable to the rest of the 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%.
Measured over the past 5 years, AM shows a small growth in Earnings Per Share. The EPS has been growing by 6.56% on average per year.
The Revenue has grown by 29.91% in the past year. This is a very strong growth!
AM shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.28% yearly.
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
The Earnings Per Share is expected to grow by 20.07% on average over the next years. This is a very strong growth
AM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.48% yearly.
EPS Next Y12.82%
EPS Next 2Y19.93%
EPS Next 3Y17.42%
EPS Next 5Y20.07%
Revenue Next Year13.88%
Revenue Next 2Y20.06%
Revenue Next 3Y17.62%
Revenue Next 5Y17.48%
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
A Price/Earnings ratio of 29.35 indicates a quite expensive valuation of AM.
Based on the Price/Earnings ratio, AM is valued a bit cheaper than 73.91% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, AM is valued at the same level.
AM is valuated correctly with a Price/Forward Earnings ratio of 16.55.
89.13% of the companies in the same industry are more expensive than AM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AM to the average of the S&P500 Index (22.70), we can say AM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.35 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
AM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AM is cheaper than 95.65% of the companies in the same industry.
AM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AM is cheaper than 89.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.04 | ||
| EV/EBITDA | 9.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AM's earnings are expected to grow with 17.42% in the coming years.
PEG (NY)2.29
PEG (5Y)4.47
EPS Next 2Y19.93%
EPS Next 3Y17.42%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.67%.
AM's Dividend Yield is rather good when compared to the industry average which is at 1.16. AM pays more dividend than 86.96% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.38, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
5.2 History
On average, the dividend of AM grows each year by 9.70%, which is quite nice.
Dividend Growth(5Y)9.7%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
47.21% of the earnings are spent on dividend by AM. 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 2Y19.93%
EPS Next 3Y17.42%
EPA:AM (9/17/2025, 7:00:00 PM)
293.2
-6.4 (-2.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners8.62%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap22.99B
Analysts78.1
Price Target335.35 (14.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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)0.29%
PT rev (3m)4.52%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.2%
EPS NY rev (3m)-4.2%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-2.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.35 | ||
| Fwd PE | 16.55 | ||
| P/S | 3.51 | ||
| P/FCF | 19.04 | ||
| P/OCF | 15.43 | ||
| P/B | 3.72 | ||
| P/tB | 3.83 | ||
| EV/EBITDA | 9.28 |
EPS(TTM)9.99
EY3.41%
EPS(NY)17.71
Fwd EY6.04%
FCF(TTM)15.4
FCFY5.25%
OCF(TTM)19
OCFY6.48%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.29
PEG (5Y)4.47
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%
ROICexcg growth 3YN/A
ROICexcg 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
WACC7.84%
ROIC/WACC0.91
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 Y12.82%
EPS Next 2Y19.93%
EPS Next 3Y17.42%
EPS Next 5Y20.07%
Revenue 1Y (TTM)29.91%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%12.43%
Revenue Next Year13.88%
Revenue Next 2Y20.06%
Revenue Next 3Y17.62%
Revenue Next 5Y17.48%
EBIT growth 1Y48.25%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year60.38%
EBIT Next 3Y33.68%
EBIT Next 5Y30.37%
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