BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSP - GB0002634946 - Common Stock
18.6 EUR
+0.06 (+0.32%)
Overall BSP gets a fundamental rating of 5 out of 10. We evaluated BSP against 48 industry peers in the Aerospace & Defense industry. BSP has a medium profitability rating, but doesn't score so well on its financial health evaluation. BSP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BSP had positive earnings in the past year.
In the past year BSP had a positive cash flow from operations.
BSP had positive earnings in each of the past 5 years.
Each year in the past 5 years BSP had a positive operating cash flow.
1.2 Ratios
BSP has a Return On Assets of 5.49%. This is in the better half of the industry: BSP outperforms 72.92% of its industry peers.
With a decent Return On Equity value of 18.24%, BSP is doing good in the industry, outperforming 70.83% of the companies in the same industry.
The Return On Invested Capital of BSP (8.70%) is comparable to the rest of the industry.
BSP had an Average Return On Invested Capital over the past 3 years of 8.62%. This is in line with the industry average of 9.29%.
The 3 year average ROIC (8.62%) for BSP is below the current ROIC(8.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 18.24% | ||
| ROIC | 8.7% |
ROA(3y)5.33%
ROA(5y)5.43%
ROE(3y)16.2%
ROE(5y)20.05%
ROIC(3y)8.62%
ROIC(5y)8.6%
1.3 Margins
BSP has a Profit Margin of 7.21%. This is in the better half of the industry: BSP outperforms 62.50% of its industry peers.
In the last couple of years the Profit Margin of BSP has declined.
The Operating Margin of BSP (9.05%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of BSP has remained more or less at the same level.
With an excellent Gross Margin value of 62.97%, BSP belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Gross Margin of BSP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.05% | ||
| PM (TTM) | 7.21% | ||
| GM | 62.97% |
OM growth 3Y-1.32%
OM growth 5Y-0.72%
PM growth 3Y-6.19%
PM growth 5Y-1.61%
GM growth 3Y0.6%
GM growth 5Y0.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BSP is destroying value.
BSP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BSP has less shares outstanding
BSP has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.51 indicates that BSP is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.51, BSP perfoms like the industry average, outperforming 52.08% of the companies in the same industry.
The Debt to FCF ratio of BSP is 4.53, which is a neutral value as it means it would take BSP, 4.53 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BSP (4.53) is better than 68.75% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that BSP is somewhat dependend on debt financing.
BSP has a worse Debt to Equity ratio (0.79) than 64.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.96
WACC9.03%
2.3 Liquidity
BSP has a Current Ratio of 0.96. This is a bad value and indicates that BSP is not financially healthy enough and could expect problems in meeting its short term obligations.
BSP has a Current ratio of 0.96. This is amonst the worse of the industry: BSP underperforms 81.25% of its industry peers.
A Quick Ratio of 0.84 indicates that BSP may have some problems paying its short term obligations.
BSP has a Quick ratio of 0.84. This is in the better half of the industry: BSP outperforms 60.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.76% over the past year.
BSP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.10% yearly.
The Revenue has grown by 11.60% in the past year. This is quite good.
Measured over the past years, BSP shows a small growth in Revenue. The Revenue has been growing by 7.53% on average per year.
EPS 1Y (TTM)10.76%
EPS 3Y12.56%
EPS 5Y8.1%
EPS Q2Q%10.97%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
3.2 Future
The Earnings Per Share is expected to grow by 13.77% on average over the next years. This is quite good.
Based on estimates for the next years, BSP will show a small growth in Revenue. The Revenue will grow by 6.52% on average per year.
EPS Next Y12.38%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
EPS Next 5Y13.77%
Revenue Next Year8.53%
Revenue Next 2Y7.77%
Revenue Next 3Y7.46%
Revenue Next 5Y6.52%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.96, BSP is valued on the expensive side.
83.33% of the companies in the same industry are more expensive than BSP, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BSP to the average of the S&P500 Index (26.15), we can say BSP is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 19.06, the valuation of BSP can be described as rather expensive.
85.42% of the companies in the same industry are more expensive than BSP, based on the Price/Forward Earnings ratio.
BSP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.96 | ||
| Fwd PE | 19.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BSP is valued a bit cheaper than 77.08% of the companies in the same industry.
BSP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BSP is cheaper than 72.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.58 | ||
| EV/EBITDA | 15.25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BSP does not grow enough to justify the current Price/Earnings ratio.
BSP has a very decent profitability rating, which may justify a higher PE ratio.
BSP's earnings are expected to grow with 12.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.86
PEG (5Y)2.84
EPS Next 2Y12.55%
EPS Next 3Y12.13%
5. Dividend
5.1 Amount
BSP has a Yearly Dividend Yield of 1.94%. Purely for dividend investing, there may be better candidates out there.
BSP's Dividend Yield is rather good when compared to the industry average which is at 1.19. BSP pays more dividend than 95.83% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, BSP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
5.2 History
On average, the dividend of BSP grows each year by 6.50%, which is quite nice.
Dividend Growth(5Y)6.5%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
50.43% of the earnings are spent on dividend by BSP. This is a bit on the high side, but may be sustainable.
The dividend of BSP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50.43%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
FRA:BSP (11/26/2025, 7:00:00 PM)
18.6
+0.06 (+0.32%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners78.41%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap55.85B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts79.23
Price Target24.08 (29.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly Dividend0.35
Dividend Growth(5Y)6.5%
DP50.43%
Div Incr Years3
Div Non Decr Years3
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)-1.95%
PT rev (3m)-2.12%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.13%
EPS NY rev (3m)-0.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.96 | ||
| Fwd PE | 19.06 | ||
| P/S | 1.79 | ||
| P/FCF | 23.58 | ||
| P/OCF | 15.12 | ||
| P/B | 4.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.25 |
EPS(TTM)0.81
EY4.35%
EPS(NY)0.98
Fwd EY5.25%
FCF(TTM)0.79
FCFY4.24%
OCF(TTM)1.23
OCFY6.61%
SpS10.4
BVpS4.11
TBVpS-1.65
PEG (NY)1.86
PEG (5Y)2.84
Graham Number8.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 18.24% | ||
| ROCE | 10.18% | ||
| ROIC | 8.7% | ||
| ROICexc | 9.67% | ||
| ROICexgc | 31.51% | ||
| OM | 9.05% | ||
| PM (TTM) | 7.21% | ||
| GM | 62.97% | ||
| FCFM | 7.59% |
ROA(3y)5.33%
ROA(5y)5.43%
ROE(3y)16.2%
ROE(5y)20.05%
ROIC(3y)8.62%
ROIC(5y)8.6%
ROICexc(3y)10.37%
ROICexc(5y)10.33%
ROICexgc(3y)36.39%
ROICexgc(5y)39.39%
ROCE(3y)10.09%
ROCE(5y)10.07%
ROICexgc growth 3Y-7.69%
ROICexgc growth 5Y-4.95%
ROICexc growth 3Y-3.67%
ROICexc growth 5Y-3.08%
OM growth 3Y-1.32%
OM growth 5Y-0.72%
PM growth 3Y-6.19%
PM growth 5Y-1.61%
GM growth 3Y0.6%
GM growth 5Y0.2%
F-Score8
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Debt/EBITDA | 2.36 | ||
| Cap/Depr | 99.06% | ||
| Cap/Sales | 4.24% | ||
| Interest Coverage | 4.22 | ||
| Cash Conversion | 88.72% | ||
| Profit Quality | 105.16% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 2.51 |
F-Score8
WACC9.03%
ROIC/WACC0.96
Cap/Depr(3y)105.99%
Cap/Depr(5y)90.56%
Cap/Sales(3y)3.94%
Cap/Sales(5y)3.33%
Profit Quality(3y)142.34%
Profit Quality(5y)118.6%
High Growth Momentum
Growth
EPS 1Y (TTM)10.76%
EPS 3Y12.56%
EPS 5Y8.1%
EPS Q2Q%10.97%
EPS Next Y12.38%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
EPS Next 5Y13.77%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.53%
Revenue Next 2Y7.77%
Revenue Next 3Y7.46%
Revenue Next 5Y6.52%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year42.03%
EBIT Next 3Y18.4%
EBIT Next 5Y16.15%
FCF growth 1Y-29.76%
FCF growth 3Y11.64%
FCF growth 5Y19.64%
OCF growth 1Y-15.35%
OCF growth 3Y17.06%
OCF growth 5Y19.7%
BAE SYSTEMS PLC / BSP.DE FAQ
Can you provide the ChartMill fundamental rating for BAE SYSTEMS PLC?
ChartMill assigns a fundamental rating of 5 / 10 to BSP.DE.
What is the valuation status for BSP stock?
ChartMill assigns a valuation rating of 5 / 10 to BAE SYSTEMS PLC (BSP.DE). This can be considered as Fairly Valued.
How profitable is BAE SYSTEMS PLC (BSP.DE) stock?
BAE SYSTEMS PLC (BSP.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of BAE SYSTEMS PLC (BSP.DE) stock?
The Price/Earnings (PE) ratio for BAE SYSTEMS PLC (BSP.DE) is 22.96 and the Price/Book (PB) ratio is 4.52.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.