BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSP - GB0002634946 - Common Stock
19.4 EUR
-0.68 (-3.39%)
BSP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 48 industry peers in the Aerospace & Defense industry. While BSP is still in line with the averages on profitability rating, there are concerns on its financial health. BSP is not valued too expensively and it also shows a decent 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.
In the past 5 years BSP has always been profitable.
In the past 5 years BSP always reported a positive cash flow from operatings.
1.2 Ratios
BSP has a better Return On Assets (5.49%) than 73.33% of its industry peers.
Looking at the Return On Equity, with a value of 18.24%, BSP is in the better half of the industry, outperforming 71.11% of the companies in the same industry.
BSP's Return On Invested Capital of 8.70% is in line compared to the rest of the industry. BSP outperforms 57.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BSP is in line with the industry average of 9.32%.
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 62.22% of its industry peers.
In the last couple of years the Profit Margin of BSP has declined.
With a Operating Margin value of 9.05%, BSP perfoms like the industry average, outperforming 57.78% 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.
BSP has a better Gross Margin (62.97%) than 86.67% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BSP is destroying value.
BSP has less shares outstanding than it did 1 year ago.
BSP has less shares outstanding than it did 5 years ago.
BSP has a worse debt/assets ratio than last year.
2.2 Solvency
BSP has an Altman-Z score of 2.57. This is not the best score and indicates that BSP is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.57, BSP perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
BSP has a debt to FCF ratio of 4.53. This is a neutral value as BSP would need 4.53 years to pay back of all of its debts.
BSP has a better Debt to FCF ratio (4.53) than 66.67% of its industry peers.
BSP has a Debt/Equity ratio of 0.79. This is a neutral value indicating BSP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.79, BSP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 2.57 |
ROIC/WACC0.94
WACC9.25%
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.
The Current ratio of BSP (0.96) is worse than 84.44% 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's Quick ratio of 0.84 is in line compared to the rest of the industry. BSP outperforms 57.78% 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.
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
Based on estimates for the next years, BSP will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.77% on average per year.
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
Based on the Price/Earnings ratio of 23.95, the valuation of BSP can be described as rather expensive.
Based on the Price/Earnings ratio, BSP is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
BSP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.47.
A Price/Forward Earnings ratio of 19.94 indicates a rather expensive valuation of BSP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BSP indicates a somewhat cheap valuation: BSP is cheaper than 80.00% of the companies listed in the same industry.
BSP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.95 | ||
| Fwd PE | 19.94 |
4.2 Price Multiples
BSP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BSP is cheaper than 73.33% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BSP indicates a somewhat cheap valuation: BSP is cheaper than 68.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.67 | ||
| EV/EBITDA | 15.87 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of BSP 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)1.94
PEG (5Y)2.96
EPS Next 2Y12.55%
EPS Next 3Y12.13%
5. Dividend
5.1 Amount
BSP has a Yearly Dividend Yield of 1.94%.
BSP's Dividend Yield is rather good when compared to the industry average which is at 1.19. BSP pays more dividend than 95.56% 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
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
BSP pays out 50.43% of its income as dividend. 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 2Y12.55%
EPS Next 3Y12.13%
FRA:BSP (11/21/2025, 7:00:00 PM)
19.4
-0.68 (-3.39%)
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 Cap58.25B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts79.23
Price Target24.08 (24.12%)
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 | 23.95 | ||
| Fwd PE | 19.94 | ||
| P/S | 1.87 | ||
| P/FCF | 24.67 | ||
| P/OCF | 15.82 | ||
| P/B | 4.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.87 |
EPS(TTM)0.81
EY4.18%
EPS(NY)0.97
Fwd EY5.01%
FCF(TTM)0.79
FCFY4.05%
OCF(TTM)1.23
OCFY6.32%
SpS10.37
BVpS4.1
TBVpS-1.65
PEG (NY)1.94
PEG (5Y)2.96
Graham Number8.64
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 | 2.57 |
F-Score8
WACC9.25%
ROIC/WACC0.94
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 23.95 and the Price/Book (PB) ratio is 4.73.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.