DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AM - FR0014004L86 - Common Stock
265.8 EUR
-8.4 (-3.06%)
AM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 45 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of AM get a neutral evaluation. Nothing too spectacular is happening here. AM has a decent growth rate and is not valued too expensively.
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 62.22% of its industry peers.
With a Return On Equity value of 12.64%, AM perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
AM has a Return On Invested Capital (7.14%) which is in line with its industry peers.
AM had an Average Return On Invested Capital over the past 3 years of 6.60%. This is below the industry average of 9.16%.
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
Looking at the Profit Margin, with a value of 11.93%, AM belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
In the last couple of years the Profit Margin of AM has grown nicely.
AM's Operating Margin of 8.30% is in line compared to the rest of the industry. AM outperforms 51.11% of its industry peers.
AM's Operating Margin has declined in the last couple of years.
AM has a Gross Margin (36.35%) which is in line with 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
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.
The number of shares outstanding for AM has been reduced compared to 5 years ago.
The debt/assets ratio for AM has been reduced compared to a year ago.
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.
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.
With an excellent Debt to Equity ratio value of 0.03, AM belongs to the best of the industry, outperforming 95.56% 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
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.
AM has a Current ratio of 1.05. This is in the lower half of the industry: AM underperforms 77.78% 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.
With a Quick ratio value of 0.75, AM perfoms like the industry average, outperforming 44.44% 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%.
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!
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 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
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
The Price/Earnings ratio is 26.61, which means the current valuation is very expensive for AM.
Based on the Price/Earnings ratio, AM is valued cheaply inside the industry as 84.44% of the companies are valued more expensively.
AM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
The Price/Forward Earnings ratio is 15.17, which indicates a correct valuation of AM.
Based on the Price/Forward Earnings ratio, AM is valued cheaper than 93.33% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AM to the average of the S&P500 Index (34.46), we can say AM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.61 | ||
| Fwd PE | 15.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AM is valued cheaper than 95.56% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AM is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.26 | ||
| EV/EBITDA | 5.7 |
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)2.86
PEG (5Y)4.06
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 1.20, 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 the average S&P500 Dividend Yield of 2.42, AM is paying slightly less dividend.
| Industry Rank | Sector 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
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 2Y19.28%
EPS Next 3Y17.38%
EPA:AM (11/21/2025, 7:00:00 PM)
265.8
-8.4 (-3.06%)
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 Cap20.84B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.65
Price Target329.97 (24.14%)
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 | 26.61 | ||
| Fwd PE | 15.17 | ||
| P/S | 3.18 | ||
| P/FCF | 17.26 | ||
| P/OCF | 13.99 | ||
| P/B | 3.37 | ||
| P/tB | 3.47 | ||
| EV/EBITDA | 5.7 |
EPS(TTM)9.99
EY3.76%
EPS(NY)17.52
Fwd EY6.59%
FCF(TTM)15.4
FCFY5.79%
OCF(TTM)19
OCFY7.15%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.86
PEG (5Y)4.06
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 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.
Can you provide the PE and PB ratios for AM stock?
The Price/Earnings (PE) ratio for DASSAULT AVIATION SA (AM.PA) is 26.61 and the Price/Book (PB) ratio is 3.37.
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%.