BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - FRA:BSP - GB0002634946 - Common Stock
20.47 EUR
-0.2 (-0.97%)
We assign a fundamental rating of 5 out of 10 to BSP. BSP was compared to 46 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BSP was profitable.
BSP had a positive operating cash flow in the past year.
Each year in the past 5 years BSP has been profitable.
Each year in the past 5 years BSP had a positive operating cash flow.
1.2 Ratios
BSP's Return On Assets of 5.31% is fine compared to the rest of the industry. BSP outperforms 67.39% of its industry peers.
With a decent Return On Equity value of 17.56%, BSP is doing good in the industry, outperforming 63.04% of the companies in the same industry.
With a Return On Invested Capital value of 8.14%, BSP perfoms like the industry average, outperforming 56.52% of the companies in the same 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 9.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 17.56% | ||
| ROIC | 8.14% |
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's Profit Margin of 7.21% is fine compared to the rest of the industry. BSP outperforms 63.04% of its industry peers.
In the last couple of years the Profit Margin of BSP has declined.
BSP has a Operating Margin (9.05%) which is comparable to the rest of the industry.
BSP's Operating Margin has been stable in the last couple of years.
The Gross Margin of BSP (62.97%) is better than 89.13% of its industry peers.
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.
BSP has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BSP is higher compared to a year ago.
2.2 Solvency
BSP has an Altman-Z score of 2.60. 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.
BSP has a Altman-Z score (2.60) which is in line with its industry peers.
The Debt to FCF ratio of BSP is 5.20, which is a neutral value as it means it would take BSP, 5.20 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BSP (5.20) is comparable to the rest of the industry.
BSP has a Debt/Equity ratio of 0.87. This is a neutral value indicating BSP is somewhat dependend on debt financing.
BSP has a Debt to Equity ratio of 0.87. This is in the lower half of the industry: BSP underperforms 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 5.2 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.87
WACC9.36%
2.3 Liquidity
BSP has a Current Ratio of 1.03. This is a normal value and indicates that BSP is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.03, BSP is not doing good in the industry: 80.43% of the companies in the same industry are doing better.
A Quick Ratio of 0.91 indicates that BSP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.91, BSP is in the better half of the industry, outperforming 63.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.91 |
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.
BSP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.10% yearly.
BSP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.60%.
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
BSP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.17% yearly.
Based on estimates for the next years, BSP will show a small growth in Revenue. The Revenue will grow by 6.07% on average per year.
EPS Next Y12.53%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
EPS Next 5Y13.17%
Revenue Next Year8.62%
Revenue Next 2Y7.81%
Revenue Next 3Y7.47%
Revenue Next 5Y6.07%
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
A Price/Earnings ratio of 25.27 indicates a quite expensive valuation of BSP.
Based on the Price/Earnings ratio, BSP is valued cheaply inside the industry as 89.13% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.83. BSP is around the same levels.
With a Price/Forward Earnings ratio of 21.07, BSP is valued on the expensive side.
BSP's Price/Forward Earnings ratio is rather cheap when compared to the industry. BSP is cheaper than 80.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, BSP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.27 | ||
| Fwd PE | 21.07 |
4.2 Price Multiples
BSP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BSP is cheaper than 71.74% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BSP is valued a bit cheaper than 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.05 | ||
| EV/EBITDA | 17.07 |
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.
The decent profitability rating of BSP may justify a higher PE ratio.
BSP's earnings are expected to grow with 12.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.02
PEG (5Y)3.12
EPS Next 2Y12.5%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
BSP has a Yearly Dividend Yield of 1.83%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.07, BSP pays a better dividend. On top of this BSP pays more dividend than 95.65% of the companies listed in the same industry.
BSP's Dividend Yield is slightly below the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.83% |
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 2Y12.5%
EPS Next 3Y12.27%
FRA:BSP (11/7/2025, 7:00:00 PM)
20.47
-0.2 (-0.97%)
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 Cap61.50B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts79.23
Price Target24.31 (18.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.83% |
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)-1.18%
PT rev (3m)8.64%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.27 | ||
| Fwd PE | 21.07 | ||
| P/S | 1.98 | ||
| P/FCF | 26.05 | ||
| P/OCF | 16.71 | ||
| P/B | 4.81 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.07 |
EPS(TTM)0.81
EY3.96%
EPS(NY)0.97
Fwd EY4.75%
FCF(TTM)0.79
FCFY3.84%
OCF(TTM)1.23
OCFY5.99%
SpS10.36
BVpS4.25
TBVpS-1.81
PEG (NY)2.02
PEG (5Y)3.12
Graham Number8.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 17.56% | ||
| ROCE | 9.53% | ||
| ROIC | 8.14% | ||
| ROICexc | 9.2% | ||
| ROICexgc | 30.32% | ||
| 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-Score5
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 5.2 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 99.06% | ||
| Cap/Sales | 4.24% | ||
| Interest Coverage | 4.22 | ||
| Cash Conversion | 88.72% | ||
| Profit Quality | 105.16% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 2.6 |
F-Score5
WACC9.36%
ROIC/WACC0.87
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 Y12.53%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
EPS Next 5Y13.17%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.62%
Revenue Next 2Y7.81%
Revenue Next 3Y7.47%
Revenue Next 5Y6.07%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year42.03%
EBIT Next 3Y18.4%
EBIT Next 5Y15.53%
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 25.27 and the Price/Book (PB) ratio is 4.81.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.