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DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis

Europe - Euronext Paris - EPA:AM - FR0014004L86 - Common Stock

263.6 EUR
-0.6 (-0.23%)
Last: 11/25/2025, 7:00:00 PM
Fundamental Rating

5

Overall AM gets a fundamental rating of 5 out of 10. We evaluated AM against 48 industry peers in the Aerospace & Defense industry. AM has an average financial health and profitability rating. AM has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

In the past year AM was profitable.
AM had a positive operating cash flow in the past year.
Each year in the past 5 years AM has been profitable.
The reported operating cash flow has been mixed in the past 5 years: AM reported negative operating cash flow in multiple years.
AM.PA Yearly Net Income VS EBIT VS OCF VS FCFAM.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B

1.2 Ratios

With a Return On Assets value of 2.43%, AM is not doing good in the industry: 64.58% of the companies in the same industry are doing better.
AM has a Return On Equity (12.64%) which 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 50.00% of the companies in the same industry.
AM had an Average Return On Invested Capital over the past 3 years of 6.60%. This is below the industry average of 9.29%.
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 RankSector 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%
AM.PA Yearly ROA, ROE, ROICAM.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

Looking at the Profit Margin, with a value of 11.93%, AM belongs to the top of the industry, outperforming 87.50% 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 47.92% of its industry peers.
In the last couple of years the Operating Margin of AM has declined.
AM has a better Gross Margin (36.35%) than 62.50% of its industry peers.
AM's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
AM.PA Yearly Profit, Operating, Gross MarginsAM.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

5

2. Health

2.1 Basic Checks

AM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AM has less shares outstanding than it did 1 year ago.
AM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AM has been reduced compared to a year ago.
AM.PA Yearly Shares OutstandingAM.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
AM.PA Yearly Total Debt VS Total AssetsAM.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

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.
The Debt to FCF ratio of AM (0.17) is better than 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 97.92% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.03
Debt/FCF 0.17
Altman-Z N/A
ROIC/WACC0.89
WACC8.03%
AM.PA Yearly LT Debt VS Equity VS FCFAM.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

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.
Looking at the Current ratio, with a value of 1.05, AM is doing worse than 72.92% of the companies in the same industry.
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 RankSector Rank
Current Ratio 1.05
Quick Ratio 0.75
AM.PA Yearly Current Assets VS Current LiabilitesAM.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

The earnings per share for AM have decreased by -2.21% in the last year.
The Earnings Per Share has been growing slightly by 6.56% on average over the past years.
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

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.
AM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.04% yearly.
EPS Next Y9.29%
EPS Next 2Y19.28%
EPS Next 3Y17.38%
EPS Next 5Y19.06%
Revenue Next Year13.71%
Revenue Next 2Y19.74%
Revenue Next 3Y17.38%
Revenue Next 5Y17.04%

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.
AM.PA Yearly Revenue VS EstimatesAM.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
AM.PA Yearly EPS VS EstimatesAM.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10 20 30

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 26.39, which means the current valuation is very expensive for AM.
81.25% of the companies in the same industry are more expensive than AM, based on the Price/Earnings ratio.
AM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.04, which indicates a correct valuation of AM.
Based on the Price/Forward Earnings ratio, AM is valued cheaper than 93.75% of the companies in the same industry.
AM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.79.
Industry RankSector Rank
PE 26.39
Fwd PE 15.04
AM.PA Price Earnings VS Forward Price EarningsAM.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, AM is valued cheaply inside the industry as 97.92% of the companies are valued more expensively.
89.58% of the companies in the same industry are more expensive than AM, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 17.12
EV/EBITDA 5.53
AM.PA Per share dataAM.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

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.
A more expensive valuation may be justified as AM's earnings are expected to grow with 17.38% in the coming years.
PEG (NY)2.84
PEG (5Y)4.02
EPS Next 2Y19.28%
EPS Next 3Y17.38%

6

5. Dividend

5.1 Amount

AM has a Yearly Dividend Yield of 1.72%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.19, AM pays a better dividend. On top of this AM pays more dividend than 87.50% of the companies listed in the same industry.
AM's Dividend Yield is slightly below the S&P500 average, which is at 2.41.
Industry RankSector Rank
Dividend Yield 1.72%

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
AM.PA Yearly Dividends per shareAM.PA Yearly Dividends per shareYearly Dividends per share 2019 2021 2022 2023 2024 2025 1 2 3 4

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 2Y19.28%
EPS Next 3Y17.38%
AM.PA Yearly Income VS Free CF VS DividendAM.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B 4B
AM.PA Dividend Payout.AM.PA Dividend Payout, showing the Payout Ratio.AM.PA Dividend Payout.PayoutRetained Earnings

DASSAULT AVIATION SA

EPA:AM (11/25/2025, 7:00:00 PM)

263.6

-0.6 (-0.23%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)07-22 2025-07-22
Earnings (Next)03-03 2026-03-03/amc
Inst Owners9.25%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap20.67B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.65
Price Target329.97 (25.18%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.72%
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)1.64%
PT rev (3m)-1.32%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-3.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.18%
Valuation
Industry RankSector Rank
PE 26.39
Fwd PE 15.04
P/S 3.15
P/FCF 17.12
P/OCF 13.87
P/B 3.34
P/tB 3.44
EV/EBITDA 5.53
EPS(TTM)9.99
EY3.79%
EPS(NY)17.52
Fwd EY6.65%
FCF(TTM)15.4
FCFY5.84%
OCF(TTM)19
OCFY7.21%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.84
PEG (5Y)4.02
Graham Number133.17
Profitability
Industry RankSector 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 RankSector 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
WACC8.03%
ROIC/WACC0.89
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 Y9.29%
EPS Next 2Y19.28%
EPS Next 3Y17.38%
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 Year13.71%
Revenue Next 2Y19.74%
Revenue Next 3Y17.38%
Revenue Next 5Y17.04%
EBIT growth 1Y48.25%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year49.07%
EBIT Next 3Y31.54%
EBIT Next 5Y29.02%
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 6 / 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 26.39 and the Price/Book (PB) ratio is 3.34.


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%.