BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - FRA:BSP - GB0002634946 - Common Stock
20.36 EUR
-0.08 (-0.39%)
BSP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 46 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 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 5.31%, BSP is doing good in the industry, outperforming 67.39% of the companies in the same industry.
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.
BSP has a Return On Invested Capital (8.14%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for BSP is in line with the industry average of 9.34%.
| 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
The Profit Margin of BSP (7.21%) is better than 60.87% 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 in line with its industry peers.
BSP's Operating Margin has been stable in the last couple of years.
BSP has a Gross Margin of 62.97%. This is amongst the best in the industry. BSP outperforms 89.13% 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
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.
BSP has a worse debt/assets ratio than last year.
2.2 Solvency
BSP has an Altman-Z score of 2.59. 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.
The Altman-Z score of BSP (2.59) is comparable to the rest of the industry.
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.
With a Debt to FCF ratio value of 5.20, BSP perfoms like the industry average, outperforming 54.35% of the companies in the same industry.
A Debt/Equity ratio of 0.87 indicates that BSP is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.87, BSP is doing worse than 67.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 5.2 | ||
| Altman-Z | 2.59 |
ROIC/WACC0.9
WACC9.08%
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.
BSP has a worse Current ratio (1.03) than 80.43% of its industry peers.
BSP has a Quick Ratio of 1.03. 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 better Quick ratio (0.91) than 63.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.76% over the past year.
Measured over the past years, BSP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.10% on average per year.
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
Based on estimates for the next years, BSP will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.78% on average per year.
Based on estimates for the next years, BSP will show a small growth in Revenue. The Revenue will grow by 6.64% on average per year.
EPS Next Y12.38%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
EPS Next 5Y13.78%
Revenue Next Year8.53%
Revenue Next 2Y7.77%
Revenue Next 3Y7.46%
Revenue Next 5Y6.64%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.14 indicates a quite expensive valuation of BSP.
86.96% of the companies in the same industry are more expensive than BSP, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.89, BSP is valued at the same level.
Based on the Price/Forward Earnings ratio of 20.97, the valuation of BSP can be described as rather expensive.
Based on the Price/Forward Earnings ratio, BSP is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
BSP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.14 | ||
| Fwd PE | 20.97 |
4.2 Price Multiples
69.57% of the companies in the same industry are more expensive than BSP, based on the Enterprise Value to EBITDA ratio.
BSP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BSP is cheaper than 67.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.95 | ||
| EV/EBITDA | 16.92 |
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.
A more expensive valuation may be justified as BSP's earnings are expected to grow with 12.13% in the coming years.
PEG (NY)2.03
PEG (5Y)3.1
EPS Next 2Y12.55%
EPS Next 3Y12.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.88%, BSP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.14, 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 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
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.
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 (11/14/2025, 7:00:00 PM)
20.36
-0.08 (-0.39%)
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 Cap61.17B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts79.23
Price Target24.09 (18.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
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)-1.9%
PT rev (3m)7.66%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.13%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.14 | ||
| Fwd PE | 20.97 | ||
| P/S | 1.97 | ||
| P/FCF | 25.95 | ||
| P/OCF | 16.64 | ||
| P/B | 4.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.92 |
EPS(TTM)0.81
EY3.98%
EPS(NY)0.97
Fwd EY4.77%
FCF(TTM)0.78
FCFY3.85%
OCF(TTM)1.22
OCFY6.01%
SpS10.34
BVpS4.25
TBVpS-1.81
PEG (NY)2.03
PEG (5Y)3.1
Graham Number8.8
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 | 2.59 |
F-Score5
WACC9.08%
ROIC/WACC0.9
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 5Y13.78%
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 5Y6.64%
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 25.14 and the Price/Book (PB) ratio is 4.79.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.