DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AM - FR0014004L86 - Common Stock
271.8 EUR
+0.8 (+0.3%)
Overall AM gets a fundamental rating of 5 out of 10. We evaluated AM against 47 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AM had positive earnings in the past year.
AM had a positive operating cash flow in the past year.
Each year in the past 5 years AM has been profitable.
In multiple years AM reported negative operating cash flow during the last 5 years.
1.2 Ratios
AM has a worse Return On Assets (2.43%) 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.
Looking at the Return On Invested Capital, with a value of 7.14%, AM is in line with its industry, outperforming 48.94% of the companies in the same industry.
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
With an excellent Profit Margin value of 11.93%, AM belongs to the best 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.
AM has a Operating Margin (8.30%) which is in line with its industry peers.
In the last couple of years the Operating Margin of AM has declined.
The Gross Margin of AM (36.35%) is better than 65.96% of its industry peers.
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
AM has a better debt/assets ratio than last year.
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's Debt to FCF ratio of 0.17 is amongst the best of the industry. AM outperforms 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 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
WACC8.63%
2.3 Liquidity
A Current Ratio of 1.05 indicates that AM should not have too much problems paying 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.
A Quick Ratio of 0.75 indicates that AM may have some problems paying its short term obligations.
AM's Quick ratio of 0.75 is on the low side compared to the rest of the industry. AM is outperformed by 61.70% of its industry peers.
| 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%.
The Earnings Per Share has been growing slightly by 6.56% on average over the past years.
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
The Earnings Per Share is expected to grow by 19.06% on average over the next years. This is quite good.
The Revenue is expected to grow by 16.18% on average over the next years. This is quite good.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 27.21, AM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AM indicates a somewhat cheap valuation: AM is cheaper than 78.72% of the companies listed in the same industry.
AM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.59.
With a Price/Forward Earnings ratio of 15.46, AM is valued correctly.
95.74% of the companies in the same industry are more expensive than AM, based on the Price/Forward Earnings ratio.
AM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.21 | ||
| Fwd PE | 15.46 |
4.2 Price Multiples
AM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AM is cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AM is valued cheaper than 93.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.65 | ||
| EV/EBITDA | 6.34 |
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)2.79
PEG (5Y)4.15
EPS Next 2Y19.5%
EPS Next 3Y17.41%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.73%.
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.
Compared to an average S&P500 Dividend Yield of 1.87, AM has a dividend comparable with the average S&P500 company.
| 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.
AM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP47.21%
EPS Next 2Y19.5%
EPS Next 3Y17.41%
EPA:AM (12/24/2025, 7:00:00 PM)
271.8
+0.8 (+0.3%)
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 Cap21.31B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.83
Price TargetN/A
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 | 27.21 | ||
| Fwd PE | 15.46 | ||
| P/S | 3.25 | ||
| P/FCF | 17.65 | ||
| P/OCF | 14.3 | ||
| P/B | 3.45 | ||
| P/tB | 3.55 | ||
| EV/EBITDA | 6.34 |
EPS(TTM)9.99
EY3.68%
EPS(NY)17.59
Fwd EY6.47%
FCF(TTM)15.4
FCFY5.67%
OCF(TTM)19
OCFY6.99%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.79
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
WACC8.63%
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 27.21 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%.