BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BSP - GB0002634946 - Common Stock
23.96 EUR
+0.27 (+1.14%)
BSP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 54 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 correct valuation and a medium 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.
- In the past 5 years BSP always reported a positive cash flow from operatings.
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 72.22% of the companies in the same industry.
- BSP has a better Return On Equity (18.24%) than 70.37% of its industry peers.
- BSP's Return On Invested Capital of 8.70% is in line compared to the rest of the industry. BSP outperforms 59.26% of its industry peers.
- 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 9.17%.
- 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 has a Profit Margin of 7.21%. This is comparable to the rest of the industry: BSP outperforms 59.26% 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 53.70% of its industry peers.
- BSP's Operating Margin has been stable in the last couple of years.
- With an excellent Gross Margin value of 62.97%, BSP belongs to the best of the industry, outperforming 90.74% of the companies in the same industry.
- 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
- 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.
- BSP has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, BSP has a worse debt to assets ratio.
2.2 Solvency
- BSP has an Altman-Z score of 2.83. 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 2.83 is in line compared to the rest of the industry. BSP outperforms 55.56% of its industry peers.
- 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.
- BSP has a Debt to FCF ratio of 4.53. This is in the better half of the industry: BSP outperforms 70.37% of its industry peers.
- BSP has a Debt/Equity ratio of 0.79. This is a neutral value indicating BSP is somewhat dependend on debt financing.
- BSP's Debt to Equity ratio of 0.79 is on the low side compared to the rest of the industry. BSP is outperformed by 64.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.53 | ||
| Altman-Z | 2.83 |
ROIC/WACC0.84
WACC10.31%
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 85.19% of its industry peers.
- 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.
- With a Quick ratio value of 0.84, BSP perfoms like the industry average, outperforming 53.70% 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.
- BSP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.10% yearly.
- The Revenue has grown by 11.60% in the past year. This is quite good.
- 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 12.74% on average per year.
- Based on estimates for the next years, BSP will show a small growth in Revenue. The Revenue will grow by 6.23% on average per year.
EPS Next Y12.15%
EPS Next 2Y12.51%
EPS Next 3Y12.08%
EPS Next 5Y12.74%
Revenue Next Year8.58%
Revenue Next 2Y7.84%
Revenue Next 3Y7.58%
Revenue Next 5Y6.23%
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
- A Price/Earnings ratio of 29.22 indicates a quite expensive valuation of BSP.
- Based on the Price/Earnings ratio, BSP is valued cheaply inside the industry as 81.48% of the companies are valued more expensively.
- BSP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.38.
- With a Price/Forward Earnings ratio of 24.28, BSP is valued on the expensive side.
- 75.93% of the companies in the same industry are more expensive than BSP, based on the Price/Forward Earnings ratio.
- BSP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.22 | ||
| Fwd PE | 24.28 |
4.2 Price Multiples
- BSP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BSP is cheaper than 72.22% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, BSP is valued cheaper than 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30 | ||
| EV/EBITDA | 18.9 |
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 12.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.4
PEG (5Y)3.61
EPS Next 2Y12.51%
EPS Next 3Y12.08%
5. Dividend
5.1 Amount
- BSP has a Yearly Dividend Yield of 1.67%.
- Compared to an average industry Dividend Yield of 0.75, BSP pays a better dividend. On top of this BSP pays more dividend than 96.30% of the companies listed in the same industry.
- BSP's Dividend Yield is comparable with the S&P500 average which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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 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.
- BSP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.43%
EPS Next 2Y12.51%
EPS Next 3Y12.08%
FRA:BSP (1/16/2026, 7:00:00 PM)
23.96
+0.27 (+1.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)07-30 2025-07-30/bmo
Earnings (Next)02-18 2026-02-18/amc
Inst Owners78.98%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap71.93B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts77.78
Price Target24.69 (3.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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)2.74%
PT rev (3m)0.54%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.22%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.22 | ||
| Fwd PE | 24.28 | ||
| P/S | 2.28 | ||
| P/FCF | 30 | ||
| P/OCF | 19.24 | ||
| P/B | 5.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.9 |
EPS(TTM)0.82
EY3.42%
EPS(NY)0.99
Fwd EY4.12%
FCF(TTM)0.8
FCFY3.33%
OCF(TTM)1.25
OCFY5.2%
SpS10.53
BVpS4.16
TBVpS-1.67
PEG (NY)2.4
PEG (5Y)3.61
Graham Number8.76
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 | 2.83 |
F-Score8
WACC10.31%
ROIC/WACC0.84
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 Y12.15%
EPS Next 2Y12.51%
EPS Next 3Y12.08%
EPS Next 5Y12.74%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.58%
Revenue Next 2Y7.84%
Revenue Next 3Y7.58%
Revenue Next 5Y6.23%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year41.71%
EBIT Next 3Y18.2%
EBIT Next 5Y15.1%
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 of BAE SYSTEMS PLC (BSP.DE) stock?
ChartMill assigns a valuation rating of 5 / 10 to BAE SYSTEMS PLC (BSP.DE). This can be considered as Fairly Valued.
What is the profitability of BSP stock?
BAE SYSTEMS PLC (BSP.DE) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for BSP stock?
The Price/Earnings (PE) ratio for BAE SYSTEMS PLC (BSP.DE) is 29.22 and the Price/Book (PB) ratio is 5.75.
How sustainable is the dividend of BAE SYSTEMS PLC (BSP.DE) stock?
The dividend rating of BAE SYSTEMS PLC (BSP.DE) is 6 / 10 and the dividend payout ratio is 50.43%.