DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
EPA:AM - Euronext Paris - Matif - FR0014004L86 - Common Stock - Currency: EUR
AM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 45 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.
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
Looking at the Return On Assets, with a value of 3.17%, AM is in line with its industry, outperforming 46.67% of the companies in the same industry.
AM's Return On Equity of 14.59% is in line compared to the rest of the industry. AM outperforms 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.76%, AM is in line with its industry, 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 8.98%.
The last Return On Invested Capital (6.76%) for AM is above the 3 year average (6.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.17% | ||
| ROE | 14.59% | ||
| ROIC | 6.76% |
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 14.81%. This is amongst the best in the industry. AM outperforms 91.11% of its industry peers.
AM's Profit Margin has improved in the last couple of years.
The Operating Margin of AM (8.45%) is comparable to the rest of the industry.
AM's Operating Margin has declined in the last couple of years.
The Gross Margin of AM (37.48%) is better than 64.44% of its industry peers.
In the last couple of years the Gross Margin of AM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.45% | ||
| PM (TTM) | 14.81% | ||
| GM | 37.48% |
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.
The number of shares outstanding for AM has been reduced compared to 5 years ago.
Compared to 1 year ago, AM has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of AM is 0.15, which is an excellent value as it means it would take AM, only 0.15 years of fcf income to pay off all of its debts.
AM has a better Debt to FCF ratio (0.15) 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 97.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | N/A |
ROIC/WACC0.86
WACC7.88%
2.3 Liquidity
AM has a Current Ratio of 1.06. This is a normal value and indicates that AM is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AM (1.06) is worse than 75.56% of its industry peers.
AM has a Quick Ratio of 1.06. 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 (0.76) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
AM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.44%, which is quite impressive.
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 29.86%.
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)37.44%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%37.28%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%47.61%
3.2 Future
The Earnings Per Share is expected to grow by 20.50% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 17.34% on average over the next years. This is quite good.
EPS Next Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y20.5%
Revenue Next Year17.01%
Revenue Next 2Y20.86%
Revenue Next 3Y16%
Revenue Next 5Y17.34%
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
AM is valuated quite expensively with a Price/Earnings ratio of 26.17.
Based on the Price/Earnings ratio, AM is valued cheaper than 86.67% 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 27.41, which is the current average of the S&P500 Index.
AM is valuated rather expensively with a Price/Forward Earnings ratio of 21.23.
84.44% of the companies in the same industry are more expensive than AM, based on the Price/Forward Earnings ratio.
AM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.17 | ||
| Fwd PE | 21.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AM is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
AM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AM is cheaper than 91.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.73 | ||
| EV/EBITDA | 12.08 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of AM may justify a higher PE ratio.
AM's earnings are expected to grow with 17.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.47
PEG (5Y)3.99
EPS Next 2Y20.11%
EPS Next 3Y17.33%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.59%. Purely for dividend investing, there may be better candidates out there.
AM's Dividend Yield is a higher than the industry average which is at 1.09.
AM's Dividend Yield is slightly below the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
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 28.66% of its income as dividend. This is a sustainable payout ratio.
AM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.66%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPA:AM (7/14/2025, 5:36:15 PM)
308
+5.2 (+1.72%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners8.62%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap24.15B
Analysts76.36
Price Target329.93 (7.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Yearly Dividend3.37
Dividend Growth(5Y)9.7%
DP28.66%
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)2.84%
PT rev (3m)6.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.17 | ||
| Fwd PE | 21.23 | ||
| P/S | 3.87 | ||
| P/FCF | 15.73 | ||
| P/OCF | 12.84 | ||
| P/B | 3.81 | ||
| P/tB | 3.92 | ||
| EV/EBITDA | 12.08 |
EPS(TTM)11.77
EY3.82%
EPS(NY)14.5
Fwd EY4.71%
FCF(TTM)19.58
FCFY6.36%
OCF(TTM)23.99
OCFY7.79%
SpS79.59
BVpS80.77
TBVpS78.64
PEG (NY)1.47
PEG (5Y)3.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.17% | ||
| ROE | 14.59% | ||
| ROCE | 8.09% | ||
| ROIC | 6.76% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 8.45% | ||
| PM (TTM) | 14.81% | ||
| GM | 37.48% | ||
| FCFM | 24.6% |
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%
ROICexcg growth 3YN/A
ROICexcg 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-Score8
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.15 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 185.88% | ||
| Cap/Sales | 5.54% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 263.74% | ||
| Profit Quality | 166.18% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | N/A |
F-Score8
WACC7.88%
ROIC/WACC0.86
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)37.44%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%37.28%
EPS Next Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y20.5%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%47.61%
Revenue Next Year17.01%
Revenue Next 2Y20.86%
Revenue Next 3Y16%
Revenue Next 5Y17.34%
EBIT growth 1Y50.84%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year60.38%
EBIT Next 3Y33.68%
EBIT Next 5Y26.83%
FCF growth 1Y250.78%
FCF growth 3Y1%
FCF growth 5YN/A
OCF growth 1Y379.67%
OCF growth 3Y4.2%
OCF growth 5YN/A