BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - FRA:BSP - GB0002634946 - Common Stock
21.28 EUR
-0.22 (-1.02%)
Overall BSP gets a fundamental rating of 5 out of 10. We evaluated BSP against 42 industry peers in the Aerospace & Defense industry. BSP has an average financial health and profitability rating. BSP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BSP was profitable.
In the past year BSP had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 5.31%, BSP is in the better half of the industry, outperforming 69.05% 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 64.29% of the companies in the same industry.
The Return On Invested Capital of BSP (8.14%) 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 9.51%.
| 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
BSP has a Profit Margin of 7.21%. This is in the better half of the industry: BSP outperforms 61.90% of its industry peers.
In the last couple of years the Profit Margin of BSP has declined.
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.
BSP has a Gross Margin of 62.97%. This is amongst the best in the industry. BSP outperforms 88.10% 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.
The number of shares outstanding for BSP has been reduced compared to 1 year ago.
Compared to 5 years ago, BSP has less shares outstanding
Compared to 1 year ago, BSP has a worse debt to assets ratio.
2.2 Solvency
BSP has an Altman-Z score of 2.64. 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 has a Altman-Z score of 2.64. This is comparable to the rest of the industry: BSP outperforms 50.00% of its industry peers.
BSP has a debt to FCF ratio of 5.20. This is a neutral value as BSP would need 5.20 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.20, BSP is doing good in the industry, outperforming 61.90% of the companies in the same industry.
BSP has a Debt/Equity ratio of 0.87. This is a neutral value indicating BSP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.87, BSP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 5.2 | ||
| Altman-Z | 2.64 |
ROIC/WACC0.88
WACC9.28%
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.
With a Current ratio value of 1.03, BSP is not doing good in the industry: 73.81% of the companies in the same industry are doing better.
A Quick Ratio of 0.91 indicates that BSP may have some problems paying its short term obligations.
The Quick ratio of BSP (0.91) is better than 69.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
BSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.76%, which is quite good.
The Earnings Per Share has been growing by 8.10% on average over the past years. This is quite good.
The Revenue has grown by 11.60% in the past year. This is quite good.
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
The Earnings Per Share is expected to grow by 13.17% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.07% on average over the next years.
EPS Next Y12.53%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
EPS Next 5Y13.17%
Revenue Next Year8.62%
Revenue Next 2Y7.81%
Revenue Next 3Y7.47%
Revenue Next 5Y6.07%
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
Based on the Price/Earnings ratio of 25.95, the valuation of BSP can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of BSP indicates a rather cheap valuation: BSP is cheaper than 88.10% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.91. BSP is around the same levels.
Based on the Price/Forward Earnings ratio of 21.62, the valuation of BSP can be described as rather expensive.
BSP's Price/Forward Earnings ratio is rather cheap when compared to the industry. BSP is cheaper than 83.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.92. BSP is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.95 | ||
| Fwd PE | 21.62 |
4.2 Price Multiples
76.19% of the companies in the same industry are more expensive than BSP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BSP is valued a bit cheaper than 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.73 | ||
| EV/EBITDA | 17.47 |
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 12.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.07
PEG (5Y)3.2
EPS Next 2Y12.5%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
BSP has a Yearly Dividend Yield of 1.79%.
Compared to an average industry Dividend Yield of 1.12, BSP pays a better dividend. On top of this BSP pays more dividend than 92.86% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.34, BSP is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
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 2Y12.5%
EPS Next 3Y12.27%
FRA:BSP (10/24/2025, 7:00:00 PM)
21.28
-0.22 (-1.02%)
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 Cap63.95B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts79.23
Price Target24.56 (15.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
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)-0.19%
PT rev (3m)9.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.72%
EPS NY rev (3m)-1.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.95 | ||
| Fwd PE | 21.62 | ||
| P/S | 2.03 | ||
| P/FCF | 26.73 | ||
| P/OCF | 17.14 | ||
| P/B | 4.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.47 |
EPS(TTM)0.82
EY3.85%
EPS(NY)0.98
Fwd EY4.63%
FCF(TTM)0.8
FCFY3.74%
OCF(TTM)1.24
OCFY5.83%
SpS10.49
BVpS4.31
TBVpS-1.83
PEG (NY)2.07
PEG (5Y)3.2
Graham Number8.92
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 | 2.64 |
F-Score5
WACC9.28%
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 Y12.53%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
EPS Next 5Y13.17%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.62%
Revenue Next 2Y7.81%
Revenue Next 3Y7.47%
Revenue Next 5Y6.07%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year42.03%
EBIT Next 3Y18.4%
EBIT Next 5Y15.53%
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 25.95 and the Price/Book (PB) ratio is 4.94.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 4 / 10.