DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - EPA:AM - FR0014004L86 - Common Stock
279.3 EUR
+6.1 (+2.23%)
Overall AM gets a fundamental rating of 5 out of 10. We evaluated AM against 44 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AM had positive earnings in the past year.
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
AM's Return On Assets of 2.43% is on the low side compared to the rest of the industry. AM is outperformed by 61.36% of its industry peers.
AM has a Return On Equity (12.64%) which is in line with its industry peers.
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 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 86.36% of its industry peers.
In the last couple of years the Profit Margin of AM has grown nicely.
Looking at the Operating Margin, with a value of 8.30%, AM is in line with its industry, outperforming 50.00% of the companies in the same industry.
AM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 36.35%, AM perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
In the last couple of years the Gross Margin of AM has grown nicely.
| 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.
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.
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.
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.
AM has a better Debt to Equity ratio (0.03) than 95.45% of its industry peers.
| 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.
With a Current ratio value of 1.05, AM is not doing good in the industry: 79.55% of the companies in the same industry are doing better.
A Quick Ratio of 0.75 indicates that AM may have some problems paying its short term obligations.
AM has a Quick ratio of 0.75. This is comparable to the rest of the industry: AM outperforms 43.18% of its industry peers.
| 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.
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
The Earnings Per Share is expected to grow by 19.06% on average over the next years. This is quite good.
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
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.
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 27.96, AM can be considered very expensive at the moment.
77.27% of the companies in the same industry are more expensive than AM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AM to the average of the S&P500 Index (25.47), we can say AM is valued inline with the index average.
With a Price/Forward Earnings ratio of 15.94, AM is valued correctly.
Based on the Price/Forward Earnings ratio, AM is valued cheaper than 93.18% of the companies in the same industry.
AM is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.96 | ||
| Fwd PE | 15.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AM indicates a rather cheap valuation: AM is cheaper than 95.45% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AM is valued cheaper than 88.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.13 | ||
| EV/EBITDA | 6.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as AM's earnings are expected to grow with 17.38% in the coming years.
PEG (NY)3.01
PEG (5Y)4.26
EPS Next 2Y19.28%
EPS Next 3Y17.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.70%, AM has a reasonable but not impressive dividend return.
AM's Dividend Yield is rather good when compared to the industry average which is at 1.19. AM pays more dividend than 88.64% of the companies in the same industry.
AM's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
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.
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 (11/20/2025, 1:14:03 PM)
279.3
+6.1 (+2.23%)
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 Cap21.90B
Revenue(TTM)6.56B
Net Income(TTM)782.07M
Analysts75.65
Price Target323.19 (15.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
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 | 27.96 | ||
| Fwd PE | 15.94 | ||
| P/S | 3.34 | ||
| P/FCF | 18.13 | ||
| P/OCF | 14.7 | ||
| P/B | 3.54 | ||
| P/tB | 3.64 | ||
| EV/EBITDA | 6.49 |
EPS(TTM)9.99
EY3.58%
EPS(NY)17.52
Fwd EY6.27%
FCF(TTM)15.4
FCFY5.51%
OCF(TTM)19
OCFY6.8%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)3.01
PEG (5Y)4.26
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 27.96 and the Price/Book (PB) ratio is 3.54.
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%.