BAE SYSTEMS PLC (BSP.DE) Fundamental Analysis & Valuation

FRA:BSP • GB0002634946

Current stock price

24.75 EUR
+0.9 (+3.77%)
Last:

This BSP.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. BSP.DE Profitability Analysis

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.
BSP.DE Yearly Net Income VS EBIT VS OCF VS FCFBSP.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

1.2 Ratios

  • BSP has a Return On Assets of 5.49%. This is in the better half of the industry: BSP outperforms 76.92% of its industry peers.
  • BSP has a better Return On Equity (18.24%) than 65.38% of its industry peers.
  • BSP has a Return On Invested Capital (8.71%) which is in line with its industry peers.
Industry RankSector Rank
ROA 5.49%
ROE 18.24%
ROIC 8.71%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BSP.DE Yearly ROA, ROE, ROICBSP.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • With a decent Profit Margin value of 7.21%, BSP is doing good in the industry, outperforming 65.38% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BSP has grown nicely.
  • BSP has a Operating Margin of 9.05%. This is comparable to the rest of the industry: BSP outperforms 59.62% of its industry peers.
  • BSP's Operating Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 9.05%
PM (TTM) 7.21%
GM N/A
OM growth 3Y-1.07%
OM growth 5Y0.8%
PM growth 3Y-0.93%
PM growth 5Y1.55%
GM growth 3YN/A
GM growth 5YN/A
BSP.DE Yearly Profit, Operating, Gross MarginsBSP.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. BSP.DE Health Analysis

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.
  • BSP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
BSP.DE Yearly Shares OutstandingBSP.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
BSP.DE Yearly Total Debt VS Total AssetsBSP.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 2.82 indicates that BSP is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • BSP's Altman-Z score of 2.82 is fine compared to the rest of the industry. BSP outperforms 61.54% of its industry peers.
  • 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.
  • With a Debt to FCF ratio value of 4.53, BSP perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
  • BSP has a Debt/Equity ratio of 0.79. This is a neutral value indicating BSP is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.79, BSP is doing worse than 65.38% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF 4.53
Altman-Z 2.82
ROIC/WACC0.88
WACC9.94%
BSP.DE Yearly LT Debt VS Equity VS FCFBSP.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 0.96 indicates that BSP may have some problems paying its short term obligations.
  • With a Current ratio value of 0.96, BSP is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.84 indicates that BSP may have some problems paying its short term obligations.
  • BSP's Quick ratio of 0.84 is in line compared to the rest of the industry. BSP outperforms 51.92% of its industry peers.
Industry RankSector Rank
Current Ratio 0.96
Quick Ratio 0.84
BSP.DE Yearly Current Assets VS Current LiabilitesBSP.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. BSP.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 10.80% 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 10.00% yearly.
  • BSP shows a small growth in Revenue. In the last year, the Revenue has grown by 7.69%.
  • Measured over the past years, BSP shows a quite strong growth in Revenue. The Revenue has been growing by 8.01% on average per year.
EPS 1Y (TTM)10.8%
EPS 3Y10.51%
EPS 5Y10%
EPS Q2Q%10.66%
Revenue 1Y (TTM)7.69%
Revenue growth 3Y10.05%
Revenue growth 5Y8.01%
Sales Q2Q%7.4%

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 13.08% on average per year.
  • BSP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.08% yearly.
EPS Next Y12.7%
EPS Next 2Y13.23%
EPS Next 3Y12.72%
EPS Next 5Y13.08%
Revenue Next Year8.16%
Revenue Next 2Y8.15%
Revenue Next 3Y8.29%
Revenue Next 5Y7.08%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
BSP.DE Yearly Revenue VS EstimatesBSP.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B 40B
BSP.DE Yearly EPS VS EstimatesBSP.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

4

4. BSP.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • BSP is valuated quite expensively with a Price/Earnings ratio of 28.78.
  • 80.77% 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 (24.75), we can say BSP is valued inline with the index average.
  • A Price/Forward Earnings ratio of 25.43 indicates a quite expensive valuation of BSP.
  • Based on the Price/Forward Earnings ratio, BSP is valued a bit cheaper than 73.08% of the companies in the same industry.
  • BSP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
Industry RankSector Rank
PE 28.78
Fwd PE 25.43
BSP.DE Price Earnings VS Forward Price EarningsBSP.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as BSP.
  • Based on the Price/Free Cash Flow ratio, BSP is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 30.95
EV/EBITDA 18.8
BSP.DE Per share dataBSP.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

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's earnings are expected to grow with 12.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.27
PEG (5Y)2.88
EPS Next 2Y13.23%
EPS Next 3Y12.72%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. BSP.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.73%, 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 88.46% of the companies in the same industry.
  • BSP's Dividend Yield is comparable with the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.73%

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
BSP.DE Yearly Dividends per shareBSP.DE Yearly Dividends per shareYearly Dividends per share 2018 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3

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.
  • The dividend of BSP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50.43%
EPS Next 2Y13.23%
EPS Next 3Y12.72%
BSP.DE Yearly Income VS Free CF VS DividendBSP.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
BSP.DE Dividend Payout.BSP.DE Dividend Payout, showing the Payout Ratio.BSP.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

BSP.DE Fundamentals: All Metrics, Ratios and Statistics

BAE SYSTEMS PLC

FRA:BSP (3/30/2026, 7:00:00 PM)

24.75

+0.9 (+3.77%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)02-18
Earnings (Next)07-28
Inst Owners73.57%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap74.20B
Revenue(TTM)28.34B
Net Income(TTM)1.98B
Analysts74.29
Price Target25.45 (2.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.73%
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)2.96%
PT rev (3m)5.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.36%
EPS NY rev (3m)-1.47%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)1.53%
Valuation
Industry RankSector Rank
PE 28.78
Fwd PE 25.43
P/S 2.35
P/FCF 30.95
P/OCF 19.85
P/B 5.94
P/tB N/A
EV/EBITDA 18.8
EPS(TTM)0.86
EY3.47%
EPS(NY)0.97
Fwd EY3.93%
FCF(TTM)0.8
FCFY3.23%
OCF(TTM)1.25
OCFY5.04%
SpS10.54
BVpS4.17
TBVpS-1.68
PEG (NY)2.27
PEG (5Y)2.88
Graham Number8.98
Profitability
Industry RankSector Rank
ROA 5.49%
ROE 18.24%
ROCE 10.18%
ROIC 8.71%
ROICexc 9.68%
ROICexgc 31.55%
OM 9.05%
PM (TTM) 7.21%
GM N/A
FCFM 7.59%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-1.07%
OM growth 5Y0.8%
PM growth 3Y-0.93%
PM growth 5Y1.55%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.76
Health
Industry RankSector 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 2.82
F-Score8
WACC9.94%
ROIC/WACC0.88
Cap/Depr(3y)107.22%
Cap/Depr(5y)95.23%
Cap/Sales(3y)4.15%
Cap/Sales(5y)3.62%
Profit Quality(3y)135.03%
Profit Quality(5y)130.58%
High Growth Momentum
Growth
EPS 1Y (TTM)10.8%
EPS 3Y10.51%
EPS 5Y10%
EPS Q2Q%10.66%
EPS Next Y12.7%
EPS Next 2Y13.23%
EPS Next 3Y12.72%
EPS Next 5Y13.08%
Revenue 1Y (TTM)7.69%
Revenue growth 3Y10.05%
Revenue growth 5Y8.01%
Sales Q2Q%7.4%
Revenue Next Year8.16%
Revenue Next 2Y8.15%
Revenue Next 3Y8.29%
Revenue Next 5Y7.08%
EBIT growth 1Y4.73%
EBIT growth 3Y8.88%
EBIT growth 5Y8.88%
EBIT Next Year39.99%
EBIT Next 3Y17.62%
EBIT Next 5Y15.18%
FCF growth 1Y4.26%
FCF growth 3Y2.77%
FCF growth 5Y27.58%
OCF growth 1Y6.89%
OCF growth 3Y6.53%
OCF growth 5Y24.1%

BAE SYSTEMS PLC / BSP.DE Fundamental Analysis 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 5 / 10.


Can you provide the PE and PB ratios for BSP stock?

The Price/Earnings (PE) ratio for BAE SYSTEMS PLC (BSP.DE) is 28.78 and the Price/Book (PB) ratio is 5.94.


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%.