DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AM - FR0014004L86 - Common Stock
273.8 EUR
+1.4 (+0.51%)
We assign a fundamental rating of 5 out of 10 to AM. AM was compared to 45 industry peers in the Aerospace & Defense industry. AM has an average financial health and profitability rating. 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.
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 62.22% of its industry peers.
The Return On Equity of AM (12.64%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 7.14%, AM perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AM is below the industry average of 9.26%.
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
AM has a Profit Margin of 11.93%. This is amongst the best in the industry. AM outperforms 84.44% of its industry peers.
AM's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 8.30%, AM perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
AM's Operating Margin has declined in the last couple of years.
The Gross Margin of AM (36.35%) is better than 62.22% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AM is destroying value.
Compared to 1 year ago, AM has less shares outstanding
Compared to 5 years ago, AM has less shares outstanding
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.
Looking at the Debt to FCF ratio, with a value of 0.17, AM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
AM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AM has a better Debt to Equity ratio (0.03) than 95.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC8.49%
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 worse Current ratio (1.05) than 75.56% 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 in line with its industry, outperforming 42.22% 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%.
Measured over the past years, AM shows a decrease in Revenue. The Revenue has been decreasing by -3.28% on average per year.
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
AM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.06% yearly.
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 Y8.78%
EPS Next 2Y19.12%
EPS Next 3Y17.22%
EPS Next 5Y19.06%
Revenue Next Year14.38%
Revenue Next 2Y19.68%
Revenue Next 3Y17.07%
Revenue Next 5Y16.18%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
AM is valuated quite expensively with a Price/Earnings ratio of 27.41.
Based on the Price/Earnings ratio, AM is valued a bit cheaper than 75.56% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.51. AM is around the same levels.
Based on the Price/Forward Earnings ratio of 15.67, the valuation of AM can be described as correct.
95.56% 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 (23.13), we can say AM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.41 | ||
| Fwd PE | 15.67 |
4.2 Price Multiples
AM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AM is cheaper than 97.78% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AM is valued cheaper than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.78 | ||
| EV/EBITDA | 6.55 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as AM's earnings are expected to grow with 17.22% in the coming years.
PEG (NY)3.12
PEG (5Y)4.18
EPS Next 2Y19.12%
EPS Next 3Y17.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.74%, AM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.90, AM pays a better dividend. On top of this AM pays more dividend than 88.89% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, AM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.74% |
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
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 2Y19.12%
EPS Next 3Y17.22%
EPA:AM (12/31/2025, 7:00:00 PM)
273.8
+1.4 (+0.51%)
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 Cap21.47B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.83
Price Target328.3 (19.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.74% |
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)-0.5%
PT rev (3m)-2.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.88%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.41 | ||
| Fwd PE | 15.67 | ||
| P/S | 3.27 | ||
| P/FCF | 17.78 | ||
| P/OCF | 14.41 | ||
| P/B | 3.47 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 6.55 |
EPS(TTM)9.99
EY3.65%
EPS(NY)17.48
Fwd EY6.38%
FCF(TTM)15.4
FCFY5.63%
OCF(TTM)19
OCFY6.94%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)3.12
PEG (5Y)4.18
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
WACC8.49%
ROIC/WACC0.84
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 Y8.78%
EPS Next 2Y19.12%
EPS Next 3Y17.22%
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 Year14.38%
Revenue Next 2Y19.68%
Revenue Next 3Y17.07%
Revenue Next 5Y16.18%
EBIT growth 1Y48.25%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year46.48%
EBIT Next 3Y31.23%
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.
Can you provide the valuation status for DASSAULT AVIATION SA?
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.
What are the PE and PB ratios of DASSAULT AVIATION SA (AM.PA) stock?
The Price/Earnings (PE) ratio for DASSAULT AVIATION SA (AM.PA) is 27.41 and the Price/Book (PB) ratio is 3.47.
Can you provide the financial health for AM stock?
The financial health rating of DASSAULT AVIATION SA (AM.PA) is 5 / 10.