BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSP - GB0002634946 - Common Stock
19.64 EUR
-0.11 (-0.56%)
We assign a fundamental rating of 5 out of 10 to BSP. BSP was compared to 47 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 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.
BSP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.49%, BSP is in the better half of the industry, outperforming 72.34% of the companies in the same industry.
The Return On Equity of BSP (18.24%) is better than 68.09% of its industry peers.
With a Return On Invested Capital value of 8.70%, BSP perfoms like the industry average, outperforming 55.32% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BSP is in line with the industry average of 9.56%.
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's Profit Margin of 7.21% is fine compared to the rest of the industry. BSP outperforms 61.70% of its industry peers.
BSP's Profit Margin has declined in the last couple of years.
BSP has a Operating Margin of 9.05%. This is comparable to the rest of the industry: BSP outperforms 57.45% of its industry peers.
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 91.49% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BSP is destroying value.
Compared to 1 year ago, BSP has less shares outstanding
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.
BSP's Altman-Z score of 2.57 is in line compared to the rest of the industry. BSP outperforms 48.94% 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.
BSP's Debt to FCF ratio of 4.53 is fine compared to the rest of the industry. BSP outperforms 68.09% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that 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: 68.09% 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/WACC0.88
WACC9.89%
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 worse Current ratio (0.96) than 85.11% of its industry peers.
A Quick Ratio of 0.84 indicates that BSP may have some problems paying its short term obligations.
With a Quick ratio value of 0.84, BSP perfoms like the industry average, outperforming 53.19% of the companies in the same industry.
| 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.
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.
Looking at the last year, BSP shows a quite strong growth in Revenue. The Revenue has grown by 11.60% in the last year.
BSP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.53% yearly.
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.
BSP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.52% yearly.
EPS Next Y13.54%
EPS Next 2Y12.81%
EPS Next 3Y12.27%
EPS Next 5Y13.77%
Revenue Next Year8.68%
Revenue Next 2Y7.88%
Revenue Next 3Y7.6%
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
The Price/Earnings ratio is 24.25, which indicates a rather expensive current valuation of BSP.
89.36% of the companies in the same industry are more expensive than BSP, based on the Price/Earnings ratio.
BSP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 19.93 indicates a rather expensive valuation of BSP.
Based on the Price/Forward Earnings ratio, BSP is valued cheaper than 82.98% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BSP to the average of the S&P500 Index (24.04), we can say BSP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.25 | ||
| Fwd PE | 19.93 |
4.2 Price Multiples
BSP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BSP is cheaper than 76.60% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BSP is valued cheaper than 80.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.76 | ||
| EV/EBITDA | 15.92 |
4.3 Compensation for Growth
BSP's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
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 12.27% in the coming years.
PEG (NY)1.79
PEG (5Y)2.99
EPS Next 2Y12.81%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
BSP has a Yearly Dividend Yield of 1.99%. Purely for dividend investing, there may be better candidates out there.
BSP's Dividend Yield is rather good when compared to the industry average which is at 0.86. BSP pays more dividend than 95.74% of the companies in the same industry.
BSP's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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 2Y12.81%
EPS Next 3Y12.27%
FRA:BSP (12/23/2025, 7:00:00 PM)
19.64
-0.11 (-0.56%)
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 Cap58.96B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts77.78
Price Target24.15 (22.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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)-0.25%
PT rev (3m)-2.33%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.04%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.25 | ||
| Fwd PE | 19.93 | ||
| P/S | 1.88 | ||
| P/FCF | 24.76 | ||
| P/OCF | 15.88 | ||
| P/B | 4.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.92 |
EPS(TTM)0.81
EY4.12%
EPS(NY)0.99
Fwd EY5.02%
FCF(TTM)0.79
FCFY4.04%
OCF(TTM)1.24
OCFY6.3%
SpS10.46
BVpS4.14
TBVpS-1.66
PEG (NY)1.79
PEG (5Y)2.99
Graham Number8.68
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
WACC9.89%
ROIC/WACC0.88
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 Y13.54%
EPS Next 2Y12.81%
EPS Next 3Y12.27%
EPS Next 5Y13.77%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.68%
Revenue Next 2Y7.88%
Revenue Next 3Y7.6%
Revenue Next 5Y6.52%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year42.03%
EBIT Next 3Y18.27%
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 24.25 and the Price/Book (PB) ratio is 4.75.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.