DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AM - FR0014004L86 - Common Stock
268 EUR
+4.4 (+1.67%)
We assign a fundamental rating of 5 out of 10 to AM. AM was compared to 48 industry peers in the Aerospace & Defense industry. AM has only an average score on both its financial health and profitability. 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 of 2.43%. This is in the lower half of the industry: AM underperforms 64.58% of its industry peers.
AM's Return On Equity of 12.64% is in line compared to the rest of the industry. AM outperforms 52.08% of its industry peers.
AM has a Return On Invested Capital (7.14%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for AM is below the industry average of 9.29%.
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
AM's Profit Margin of 11.93% is amongst the best of the industry. AM outperforms 87.50% of its industry peers.
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.
With a decent Gross Margin value of 36.35%, AM is doing good in the industry, outperforming 62.50% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AM is destroying value.
The number of shares outstanding for AM has been reduced compared to 1 year ago.
AM has less shares outstanding than it did 5 years ago.
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.
AM has a Debt to FCF ratio of 0.17. This is amongst the best in the industry. AM outperforms 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.
Looking at the Debt to Equity ratio, with a value of 0.03, AM belongs to the top of the industry, outperforming 97.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | N/A |
ROIC/WACC0.89
WACC8.03%
2.3 Liquidity
A Current Ratio of 1.05 indicates that AM should not have too much problems paying 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.
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.
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
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.
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
The Earnings Per Share is expected to grow by 19.06% on average over the next years. This is quite good.
Based on estimates for the next years, AM will show a quite strong growth in Revenue. The Revenue will grow by 17.04% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 26.83, AM can be considered very expensive at the moment.
AM's Price/Earnings ratio is rather cheap when compared to the industry. AM is cheaper than 81.25% of the companies in the same industry.
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 15.29, which indicates a correct valuation of AM.
AM's Price/Forward Earnings ratio is rather cheap when compared to the industry. AM is 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.83 | ||
| Fwd PE | 15.29 |
4.2 Price Multiples
97.92% of the companies in the same industry are more expensive than AM, based on the Enterprise Value to EBITDA ratio.
AM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AM is cheaper than 89.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.4 | ||
| EV/EBITDA | 5.47 |
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 17.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.89
PEG (5Y)4.09
EPS Next 2Y19.28%
EPS Next 3Y17.38%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.72%.
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.
Compared to the average S&P500 Dividend Yield of 2.41, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
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.
AM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP47.21%
EPS Next 2Y19.28%
EPS Next 3Y17.38%
EPA:AM (11/26/2025, 9:14:15 AM)
268
+4.4 (+1.67%)
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 Cap21.01B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.65
Price Target329.97 (23.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.83 | ||
| Fwd PE | 15.29 | ||
| P/S | 3.21 | ||
| P/FCF | 17.4 | ||
| P/OCF | 14.1 | ||
| P/B | 3.4 | ||
| P/tB | 3.5 | ||
| EV/EBITDA | 5.47 |
EPS(TTM)9.99
EY3.73%
EPS(NY)17.52
Fwd EY6.54%
FCF(TTM)15.4
FCFY5.75%
OCF(TTM)19
OCFY7.09%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.89
PEG (5Y)4.09
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
WACC8.03%
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 26.83 and the Price/Book (PB) ratio is 3.4.
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%.