BAE SYSTEMS PLC (BSP.DE) Fundamental Analysis & Valuation
FRA:BSP • GB0002634946
Current stock price
26.17 EUR
-0.16 (-0.61%)
Last:
This BSP.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. BSP.DE Profitability Analysis
1.1 Basic Checks
- In the past year BSP was profitable.
- BSP had a positive operating cash flow in the past year.
- BSP had positive earnings in each of the past 5 years.
- Each year in the past 5 years BSP had a positive operating cash flow.
1.2 Ratios
- BSP has a better Return On Assets (5.49%) than 75.00% of its industry peers.
- BSP's Return On Equity of 18.24% is fine compared to the rest of the industry. BSP outperforms 64.29% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 8.71%, BSP is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
| Industry Rank | Sector 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
1.3 Margins
- Looking at the Profit Margin, with a value of 7.21%, BSP is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
- BSP's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 9.05%, BSP is in line with its industry, outperforming 57.14% of the companies in the same industry.
- In the last couple of years the Operating Margin of BSP has remained more or less at the same level.
| Industry Rank | Sector 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
2. BSP.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BSP is destroying value.
- There is no outstanding debt for BSP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 2.97 indicates that BSP is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.97, BSP is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
- The Debt to FCF ratio of BSP is 4.53, which is a neutral value as it means it would take BSP, 4.53 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 4.53, BSP perfoms like the industry average, outperforming 57.14% 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 66.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 2.97 |
ROIC/WACC0.88
WACC9.95%
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.
- With a Current ratio value of 0.96, BSP is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
- 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.
- Looking at the Quick ratio, with a value of 0.84, BSP is in line with its industry, outperforming 53.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.84 |
3. BSP.DE Growth Analysis
3.1 Past
- BSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.80%, which is quite good.
- Measured over the past years, BSP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.00% on average per year.
- Looking at the last year, BSP shows a small growth in Revenue. The Revenue has grown by 7.69% in the last year.
- BSP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.01% yearly.
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
- The Earnings Per Share is expected to grow by 13.08% on average over the next years. This is quite good.
- Based on estimates for the next years, BSP will show a small growth in Revenue. The Revenue will grow by 7.08% on average per year.
EPS Next Y12.7%
EPS Next 2Y13.23%
EPS Next 3Y12.72%
EPS Next 5Y13.08%
Revenue Next Year7.85%
Revenue Next 2Y8.15%
Revenue Next 3Y8.13%
Revenue Next 5Y7.08%
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. BSP.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 30.43 indicates a quite expensive valuation of BSP.
- Based on the Price/Earnings ratio, BSP is valued cheaply inside the industry as 80.36% of the companies are valued more expensively.
- BSP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.91.
- With a Price/Forward Earnings ratio of 26.99, BSP can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, BSP is valued a bit cheaper than 71.43% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of BSP to the average of the S&P500 Index (23.68), we can say BSP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.43 | ||
| Fwd PE | 26.99 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BSP is valued a bit cheaper than 62.50% of the companies in the same industry.
- BSP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BSP is cheaper than 73.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.85 | ||
| EV/EBITDA | 20.52 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- BSP's earnings are expected to grow with 12.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.4
PEG (5Y)3.04
EPS Next 2Y13.23%
EPS Next 3Y12.72%
5. BSP.DE Dividend Analysis
5.1 Amount
- BSP has a Yearly Dividend Yield of 1.76%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.77, BSP pays a better dividend. On top of this BSP pays more dividend than 89.29% of the companies listed in the same industry.
- BSP's Dividend Yield is comparable with the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.76% |
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 Years4
Div Non Decr Years4
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.
- BSP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.43%
EPS Next 2Y13.23%
EPS Next 3Y12.72%
BSP.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:BSP (4/9/2026, 7:00:00 PM)
26.17
-0.16 (-0.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)02-18 2026-02-18/bmo
Earnings (Next)07-28 2026-07-28
Inst Owners73.57%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap78.46B
Revenue(TTM)28.34B
Net Income(TTM)1.98B
Analysts74.29
Price Target25.45 (-2.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.76% |
Yearly Dividend0.36
Dividend Growth(5Y)6.5%
DP50.43%
Div Incr Years4
Div Non Decr Years4
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%
PT rev (3m)5.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.47%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.43 | ||
| Fwd PE | 26.99 | ||
| P/S | 2.49 | ||
| P/FCF | 32.85 | ||
| P/OCF | 21.07 | ||
| P/B | 6.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.52 |
EPS(TTM)0.86
EY3.29%
EPS(NY)0.97
Fwd EY3.71%
FCF(TTM)0.8
FCFY3.04%
OCF(TTM)1.24
OCFY4.75%
SpS10.5
BVpS4.15
TBVpS-1.67
PEG (NY)2.4
PEG (5Y)3.04
Graham Number8.96
Profitability
| Industry Rank | Sector 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 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 | 2.97 |
F-Score8
WACC9.95%
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 Year7.85%
Revenue Next 2Y8.15%
Revenue Next 3Y8.13%
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.
Can you provide the profitability details for BAE SYSTEMS PLC?
BAE SYSTEMS PLC (BSP.DE) has a profitability rating of 5 / 10.
How financially healthy is BAE SYSTEMS PLC?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 3 / 10.
Is the dividend of BAE SYSTEMS PLC sustainable?
The dividend rating of BAE SYSTEMS PLC (BSP.DE) is 6 / 10 and the dividend payout ratio is 50.43%.