GENERAL DYNAMICS CORP (GDX.DE) Stock Fundamental Analysis
Europe - FRA:GDX - US3695501086 - Common Stock
274.85 EUR
-0.15 (-0.05%)
Overall GDX gets a fundamental rating of 6 out of 10. We evaluated GDX against 46 industry peers in the Aerospace & Defense industry. GDX has an excellent financial health rating, but there are some minor concerns on its profitability. GDX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
GDX had positive earnings in the past year.
In the past year GDX had a positive cash flow from operations.
Each year in the past 5 years GDX has been profitable.
GDX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GDX has a Return On Assets of 7.18%. This is amongst the best in the industry. GDX outperforms 89.13% of its industry peers.
GDX has a Return On Equity of 17.33%. This is in the better half of the industry: GDX outperforms 67.39% of its industry peers.
GDX has a Return On Invested Capital of 11.19%. This is in the better half of the industry: GDX outperforms 73.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GDX is in line with the industry average of 9.09%.
The last Return On Invested Capital (11.19%) for GDX is above the 3 year average (9.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.18% | ||
| ROE | 17.33% | ||
| ROIC | 11.19% |
ROA(3y)6.46%
ROA(5y)6.41%
ROE(3y)16.99%
ROE(5y)17.93%
ROIC(3y)9.79%
ROIC(5y)9.74%
1.3 Margins
Looking at the Profit Margin, with a value of 8.13%, GDX belongs to the top of the industry, outperforming 84.78% of the companies in the same industry.
In the last couple of years the Profit Margin of GDX has declined.
The Operating Margin of GDX (10.30%) is better than 73.91% of its industry peers.
GDX's Operating Margin has declined in the last couple of years.
GDX's Gross Margin of 15.40% is on the low side compared to the rest of the industry. GDX is outperformed by 76.09% of its industry peers.
GDX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.3% | ||
| PM (TTM) | 8.13% | ||
| GM | 15.4% |
OM growth 3Y-2.43%
OM growth 5Y-3.18%
PM growth 3Y-2.17%
PM growth 5Y-2.19%
GM growth 3Y-2.51%
GM growth 5Y-2.96%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GDX is still creating some value.
The number of shares outstanding for GDX has been reduced compared to 1 year ago.
GDX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, GDX has an improved debt to assets ratio.
2.2 Solvency
GDX has an Altman-Z score of 3.95. This indicates that GDX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.95, GDX is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
The Debt to FCF ratio of GDX is 2.11, which is a good value as it means it would take GDX, 2.11 years of fcf income to pay off all of its debts.
GDX has a Debt to FCF ratio of 2.11. This is amongst the best in the industry. GDX outperforms 80.43% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that GDX is not too dependend on debt financing.
GDX has a better Debt to Equity ratio (0.32) than 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | 3.95 |
ROIC/WACC1.17
WACC9.59%
2.3 Liquidity
A Current Ratio of 1.36 indicates that GDX should not have too much problems paying its short term obligations.
GDX has a Current ratio of 1.36. This is in the better half of the industry: GDX outperforms 71.74% of its industry peers.
GDX has a Quick Ratio of 1.36. This is a bad value and indicates that GDX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of GDX (0.83) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.22% over the past year.
Measured over the past 5 years, GDX shows a small growth in Earnings Per Share. The EPS has been growing by 2.63% on average per year.
GDX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.85%.
The Revenue has been growing slightly by 3.93% on average over the past years.
EPS 1Y (TTM)16.22%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%14.72%
Revenue 1Y (TTM)11.85%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%8.89%
3.2 Future
The Earnings Per Share is expected to grow by 10.75% on average over the next years. This is quite good.
GDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.88% yearly.
EPS Next Y15.14%
EPS Next 2Y13.45%
EPS Next 3Y11.89%
EPS Next 5Y10.75%
Revenue Next Year8.46%
Revenue Next 2Y6.23%
Revenue Next 3Y5.1%
Revenue Next 5Y4.88%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.80, the valuation of GDX can be described as rather expensive.
93.48% of the companies in the same industry are more expensive than GDX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of GDX to the average of the S&P500 Index (27.38), we can say GDX is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 18.50, the valuation of GDX can be described as rather expensive.
86.96% of the companies in the same industry are more expensive than GDX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.86. GDX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 18.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GDX indicates a somewhat cheap valuation: GDX is cheaper than 78.26% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GDX indicates a rather cheap valuation: GDX is cheaper than 86.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.2 | ||
| EV/EBITDA | 15.56 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of GDX may justify a higher PE ratio.
PEG (NY)1.44
PEG (5Y)8.29
EPS Next 2Y13.45%
EPS Next 3Y11.89%
5. Dividend
5.1 Amount
GDX has a Yearly Dividend Yield of 1.85%. Purely for dividend investing, there may be better candidates out there.
GDX's Dividend Yield is rather good when compared to the industry average which is at 1.16. GDX pays more dividend than 95.65% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.38, GDX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
5.2 History
On average, the dividend of GDX grows each year by 7.16%, which is quite nice.
Dividend Growth(5Y)7.16%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
38.28% of the earnings are spent on dividend by GDX. This is a low number and sustainable payout ratio.
The dividend of GDX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP38.28%
EPS Next 2Y13.45%
EPS Next 3Y11.89%
FRA:GDX (9/19/2025, 7:00:00 PM)
274.85
-0.15 (-0.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners76.46%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap73.93B
Analysts74.84
Price Target291.44 (6.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend4.79
Dividend Growth(5Y)7.16%
DP38.28%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.22%
Min EPS beat(2)1.66%
Max EPS beat(2)2.78%
EPS beat(4)2
Avg EPS beat(4)-0.62%
Min EPS beat(4)-6.39%
Max EPS beat(4)2.78%
EPS beat(8)3
Avg EPS beat(8)-1.61%
EPS beat(12)5
Avg EPS beat(12)-1.11%
EPS beat(16)7
Avg EPS beat(16)-1.03%
Revenue beat(2)1
Avg Revenue beat(2)0.8%
Min Revenue beat(2)-1%
Max Revenue beat(2)2.6%
Revenue beat(4)2
Avg Revenue beat(4)0.08%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)2.6%
Revenue beat(8)5
Avg Revenue beat(8)0.59%
Revenue beat(12)7
Avg Revenue beat(12)0.66%
Revenue beat(16)8
Avg Revenue beat(16)-0.5%
PT rev (1m)-1.26%
PT rev (3m)12.19%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)0.74%
EPS NY rev (1m)1.93%
EPS NY rev (3m)2.08%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 18.5 | ||
| P/S | 1.74 | ||
| P/FCF | 21.2 | ||
| P/OCF | 17.42 | ||
| P/B | 3.71 | ||
| P/tB | 68.96 | ||
| EV/EBITDA | 15.56 |
EPS(TTM)12.61
EY4.59%
EPS(NY)14.86
Fwd EY5.41%
FCF(TTM)12.96
FCFY4.72%
OCF(TTM)15.78
OCFY5.74%
SpS158.14
BVpS74.18
TBVpS3.99
PEG (NY)1.44
PEG (5Y)8.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.18% | ||
| ROE | 17.33% | ||
| ROCE | 13.44% | ||
| ROIC | 11.19% | ||
| ROICexc | 11.65% | ||
| ROICexgc | 29.37% | ||
| OM | 10.3% | ||
| PM (TTM) | 8.13% | ||
| GM | 15.4% | ||
| FCFM | 8.2% |
ROA(3y)6.46%
ROA(5y)6.41%
ROE(3y)16.99%
ROE(5y)17.93%
ROIC(3y)9.79%
ROIC(5y)9.74%
ROICexc(3y)10.23%
ROICexc(5y)10.26%
ROICexgc(3y)26.7%
ROICexgc(5y)28.25%
ROCE(3y)11.76%
ROCE(5y)11.7%
ROICexcg growth 3Y0.05%
ROICexcg growth 5Y-6.95%
ROICexc growth 3Y3.01%
ROICexc growth 5Y-2.13%
OM growth 3Y-2.43%
OM growth 5Y-3.18%
PM growth 3Y-2.17%
PM growth 5Y-2.19%
GM growth 3Y-2.51%
GM growth 5Y-2.96%
F-Score7
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.11 | ||
| Debt/EBITDA | 1.23 | ||
| Cap/Depr | 99.12% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 13.14 | ||
| Cash Conversion | 82.5% | ||
| Profit Quality | 100.86% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 3.95 |
F-Score7
WACC9.59%
ROIC/WACC1.17
Cap/Depr(3y)111.39%
Cap/Depr(5y)108.79%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.35%
Profit Quality(3y)100.61%
Profit Quality(5y)98.91%
High Growth Momentum
Growth
EPS 1Y (TTM)16.22%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%14.72%
EPS Next Y15.14%
EPS Next 2Y13.45%
EPS Next 3Y11.89%
EPS Next 5Y10.75%
Revenue 1Y (TTM)11.85%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%8.89%
Revenue Next Year8.46%
Revenue Next 2Y6.23%
Revenue Next 3Y5.1%
Revenue Next 5Y4.88%
EBIT growth 1Y14.11%
EBIT growth 3Y4.83%
EBIT growth 5Y0.63%
EBIT Next Year27.63%
EBIT Next 3Y13.35%
EBIT Next 5Y10.65%
FCF growth 1Y36.46%
FCF growth 3Y-1.75%
FCF growth 5Y10.42%
OCF growth 1Y21.13%
OCF growth 3Y-1.15%
OCF growth 5Y6.98%