DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - EPA:AM - FR0014004L86 - Common Stock
277.4 EUR
+1 (+0.36%)
Overall AM gets a fundamental rating of 5 out of 10. We evaluated AM against 46 industry peers in the Aerospace & Defense industry. AM has only an average score on both its financial health and profitability. AM has a correct valuation and a medium growth rate.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.43%, AM is doing worse than 65.22% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.64%, AM is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Return On Invested Capital of AM (7.14%) is comparable to the rest of the industry.
AM had an Average Return On Invested Capital over the past 3 years of 6.60%. This is below the industry average of 9.34%.
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 better Profit Margin (11.93%) than 82.61% of its industry peers.
In the last couple of years the Profit Margin of AM has grown nicely.
AM has a Operating Margin (8.30%) which is comparable to the rest of the industry.
AM's Operating Margin has declined in the last couple of years.
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
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.
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
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.
With an excellent Debt to FCF ratio value of 0.17, AM belongs to the best 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.
With an excellent Debt to Equity ratio value of 0.03, AM belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | N/A |
ROIC/WACC0.88
WACC8.1%
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 78.26% of its industry peers.
A Quick Ratio of 0.75 indicates that AM may have some problems paying its short term obligations.
AM has a Quick ratio (0.75) which 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
The earnings per share for AM have decreased by -2.21% in the last year.
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.
Looking at the last year, AM shows a very strong growth in Revenue. The Revenue has grown by 29.91%.
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
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.
The Revenue is expected to grow by 17.04% on average over the next years. This is quite good.
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.
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
The Price/Earnings ratio is 27.77, which means the current valuation is very expensive for AM.
AM's Price/Earnings ratio is rather cheap when compared to the industry. AM is cheaper than 84.78% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.35. AM is around the same levels.
With a Price/Forward Earnings ratio of 15.83, AM is valued correctly.
Based on the Price/Forward Earnings ratio, AM is valued cheaply inside the industry as 93.48% of the companies are valued more expensively.
AM is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.77 | ||
| Fwd PE | 15.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AM is valued cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AM is valued cheaper than 89.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.01 | ||
| EV/EBITDA | 6.83 |
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)2.99
PEG (5Y)4.23
EPS Next 2Y19.28%
EPS Next 3Y17.38%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.75%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.14, AM pays a better dividend. On top of this AM pays more dividend than 89.13% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.36, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
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.
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%
EPA:AM (11/12/2025, 5:36:15 PM)
277.4
+1 (+0.36%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners9.25%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap21.75B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.65
Price Target323.19 (16.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
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)-0.45%
PT rev (3m)-3.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-7.2%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.77 | ||
| Fwd PE | 15.83 | ||
| P/S | 3.32 | ||
| P/FCF | 18.01 | ||
| P/OCF | 14.6 | ||
| P/B | 3.52 | ||
| P/tB | 3.62 | ||
| EV/EBITDA | 6.83 |
EPS(TTM)9.99
EY3.6%
EPS(NY)17.52
Fwd EY6.32%
FCF(TTM)15.4
FCFY5.55%
OCF(TTM)19
OCFY6.85%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.99
PEG (5Y)4.23
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
WACC8.1%
ROIC/WACC0.88
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 27.77 and the Price/Book (PB) ratio is 3.52.
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%.