BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSP - GB0002634946 - Common Stock
19.12 EUR
-0.21 (-1.09%)
Taking everything into account, BSP scores 5 out of 10 in our fundamental rating. BSP was compared to 49 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.
BSP had positive earnings in each of the past 5 years.
BSP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BSP (5.49%) is better than 70.83% of its industry peers.
With a decent Return On Equity value of 18.24%, BSP is doing good in the industry, outperforming 68.75% of the companies in the same industry.
BSP has a Return On Invested Capital (8.70%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for BSP is in line with the industry average of 9.30%.
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
With a Profit Margin value of 7.21%, BSP perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
BSP's Profit Margin has declined in the last couple of years.
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 better Gross Margin (62.97%) than 87.50% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BSP is destroying value.
BSP has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BSP has been reduced compared to 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 2.54. 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 (2.54) is comparable to the rest of the 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.
With a decent Debt to FCF ratio value of 4.53, BSP is doing good in the industry, outperforming 68.75% of the companies in the same industry.
A Debt/Equity ratio of 0.79 indicates that BSP is somewhat dependend on debt financing.
BSP has a Debt to Equity ratio of 0.79. This is in the lower half of the industry: BSP underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 2.54 |
ROIC/WACC0.94
WACC9.25%
2.3 Liquidity
A Current Ratio of 0.96 indicates that BSP may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.96, BSP is doing worse than 85.42% of the companies in the same industry.
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 56.25% 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.
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
BSP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.77% yearly.
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
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
With a Price/Earnings ratio of 23.60, BSP is valued on the expensive side.
Based on the Price/Earnings ratio, BSP is valued cheaper than 85.42% of the companies in the same industry.
BSP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.49.
With a Price/Forward Earnings ratio of 19.40, BSP is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BSP indicates a somewhat cheap valuation: BSP is cheaper than 79.17% of the companies listed in the same industry.
BSP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.6 | ||
| Fwd PE | 19.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BSP is valued a bit cheaper than 77.08% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BSP is valued a bit cheaper than 77.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.09 | ||
| EV/EBITDA | 15.54 |
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)1.74
PEG (5Y)2.92
EPS Next 2Y12.81%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.02%, 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 1.18. BSP pays more dividend than 95.83% of the companies in the same industry.
BSP's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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.
The dividend of BSP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50.43%
EPS Next 2Y12.81%
EPS Next 3Y12.27%
FRA:BSP (12/5/2025, 7:00:00 PM)
19.12
-0.21 (-1.09%)
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 Cap57.40B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts77.78
Price Target24.03 (25.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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)-1.16%
PT rev (3m)-2.28%
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)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.6 | ||
| Fwd PE | 19.4 | ||
| P/S | 1.83 | ||
| P/FCF | 24.09 | ||
| P/OCF | 15.45 | ||
| P/B | 4.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.54 |
EPS(TTM)0.81
EY4.24%
EPS(NY)0.99
Fwd EY5.16%
FCF(TTM)0.79
FCFY4.15%
OCF(TTM)1.24
OCFY6.47%
SpS10.46
BVpS4.14
TBVpS-1.66
PEG (NY)1.74
PEG (5Y)2.92
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 | 2.54 |
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 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 23.6 and the Price/Book (PB) ratio is 4.62.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.