BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSP - GB0002634946 - Common Stock
23.93 EUR
+0.3 (+1.27%)
Overall BSP gets a fundamental rating of 5 out of 10. We evaluated BSP against 54 industry peers in the Aerospace & Defense industry. There are concerns on the financial health of BSP while its profitability can be described as average. BSP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BSP had positive earnings in the past year.
BSP had a positive operating cash flow in the past year.
In the past 5 years BSP has always been profitable.
BSP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.49%, BSP is doing good in the industry, outperforming 75.00% of the companies in the same industry.
The Return On Equity of BSP (18.24%) is better than 72.92% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.70%, BSP is in line with its industry, outperforming 58.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BSP is in line with the industry average of 9.28%.
The last Return On Invested Capital (8.70%) for BSP is above the 3 year average (8.62%), which is a sign of increasing profitability.
| 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 better Profit Margin (7.21%) than 62.50% of its industry peers.
BSP's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 9.05%, BSP perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Operating Margin of BSP has remained more or less at the same level.
Looking at the Gross Margin, with a value of 62.97%, BSP belongs to the top of the industry, outperforming 89.58% of the companies in the same industry.
BSP's Gross Margin has been stable in the last couple of years.
| 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
BSP 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 BSP has been reduced compared to 1 year ago.
The number of shares outstanding for BSP has been reduced compared to 5 years ago.
The debt/assets ratio for BSP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.83 indicates that BSP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BSP (2.83) is comparable to the rest of the 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.
BSP has a Debt to FCF ratio of 4.53. This is in the better half of the industry: BSP outperforms 70.83% 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 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 2.83 |
ROIC/WACC0.89
WACC9.81%
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 83.33% of its industry peers.
BSP has a Quick 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 Quick ratio of 0.84. This is comparable to the rest of the industry: BSP outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
BSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.76%, which is quite good.
The Earnings Per Share has been growing by 8.10% on average over the past years. This is quite good.
BSP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.60%.
The Revenue has been growing slightly by 7.53% on average over the past years.
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 12.74% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.23% on average over the next years.
EPS Next Y13.01%
EPS Next 2Y12.57%
EPS Next 3Y12.09%
EPS Next 5Y12.74%
Revenue Next Year8.58%
Revenue Next 2Y7.84%
Revenue Next 3Y7.58%
Revenue Next 5Y6.23%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.18, BSP can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of BSP indicates a rather cheap valuation: BSP is cheaper than 83.33% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BSP to the average of the S&P500 Index (27.19), we can say BSP is valued inline with the index average.
The Price/Forward Earnings ratio is 24.24, which indicates a rather expensive current valuation of BSP.
Based on the Price/Forward Earnings ratio, BSP is valued a bit cheaper than the industry average as 77.08% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.92. BSP is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.18 | ||
| Fwd PE | 24.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BSP indicates a somewhat cheap valuation: BSP is cheaper than 66.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BSP is valued cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.98 | ||
| EV/EBITDA | 18.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BSP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BSP's earnings are expected to grow with 12.09% in the coming years.
PEG (NY)2.24
PEG (5Y)3.6
EPS Next 2Y12.57%
EPS Next 3Y12.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.69%, BSP has a reasonable but not impressive dividend return.
BSP's Dividend Yield is rather good when compared to the industry average which is at 0.77. BSP pays more dividend than 93.75% of the companies in the same industry.
BSP's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
5.2 History
The dividend of BSP is nicely growing with an annual growth rate of 6.50%!
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.
BSP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.43%
EPS Next 2Y12.57%
EPS Next 3Y12.09%
FRA:BSP (1/9/2026, 7:00:00 PM)
23.93
+0.3 (+1.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners78.98%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap71.84B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts77.78
Price Target24.15 (0.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
Yearly Dividend0.36
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)0.48%
PT rev (3m)-1.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.47%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.18 | ||
| Fwd PE | 24.24 | ||
| P/S | 2.27 | ||
| P/FCF | 29.98 | ||
| P/OCF | 19.23 | ||
| P/B | 5.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.89 |
EPS(TTM)0.82
EY3.43%
EPS(NY)0.99
Fwd EY4.13%
FCF(TTM)0.8
FCFY3.34%
OCF(TTM)1.24
OCFY5.2%
SpS10.52
BVpS4.16
TBVpS-1.67
PEG (NY)2.24
PEG (5Y)3.6
Graham Number8.76
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 | 2.83 |
F-Score8
WACC9.81%
ROIC/WACC0.89
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 Y13.01%
EPS Next 2Y12.57%
EPS Next 3Y12.09%
EPS Next 5Y12.74%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.58%
Revenue Next 2Y7.84%
Revenue Next 3Y7.58%
Revenue Next 5Y6.23%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year41.71%
EBIT Next 3Y18.2%
EBIT Next 5Y15.1%
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 of BAE SYSTEMS PLC (BSP.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to BAE SYSTEMS PLC (BSP.DE). This can be considered as Fairly Valued.
What is the profitability of BSP stock?
BAE SYSTEMS PLC (BSP.DE) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for BSP stock?
The Price/Earnings (PE) ratio for BAE SYSTEMS PLC (BSP.DE) is 29.18 and the Price/Book (PB) ratio is 5.75.
How sustainable is the dividend of BAE SYSTEMS PLC (BSP.DE) stock?
The dividend rating of BAE SYSTEMS PLC (BSP.DE) is 6 / 10 and the dividend payout ratio is 50.43%.