GENERAL DYNAMICS CORP (GDX.DE) Stock Fundamental Analysis
FRA:GDX - Deutsche Boerse Ag - US3695501086 - Common Stock - Currency: EUR
GDX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 45 industry peers in the Aerospace & Defense industry. GDX has only an average score on both its financial health and profitability. GDX is not valued too expensively and it also shows a decent growth rate. Finally GDX also has an excellent dividend rating. These ratings could make GDX a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
GDX had positive earnings in the past year.
GDX had a positive operating cash flow in the past year.
GDX had positive earnings in each of the past 5 years.
Each year in the past 5 years GDX had a positive operating cash flow.
1.2 Ratios
GDX has a better Return On Assets (7.03%) than 86.67% of its industry peers.
GDX has a better Return On Equity (17.89%) than 68.89% of its industry peers.
With a decent Return On Invested Capital value of 11.07%, GDX is doing good in the industry, outperforming 80.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GDX is in line with the industry average of 8.98%.
The last Return On Invested Capital (11.07%) for GDX is above the 3 year average (9.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.89% | ||
| ROIC | 11.07% |
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
GDX has a Profit Margin of 8.08%. This is in the better half of the industry: GDX outperforms 80.00% of its industry peers.
GDX's Profit Margin has declined in the last couple of years.
The Operating Margin of GDX (10.22%) is better than 66.67% of its industry peers.
GDX's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 15.43%, GDX is doing worse than 75.56% of the companies in the same industry.
In the last couple of years the Gross Margin of GDX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.22% | ||
| PM (TTM) | 8.08% | ||
| GM | 15.43% |
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.
Compared to 1 year ago, GDX has less shares outstanding
Compared to 5 years ago, GDX has less shares outstanding
GDX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.77 indicates that GDX is not in any danger for bankruptcy at the moment.
GDX has a better Altman-Z score (3.77) than 71.11% of its industry peers.
The Debt to FCF ratio of GDX is 2.88, which is a good value as it means it would take GDX, 2.88 years of fcf income to pay off all of its debts.
GDX has a Debt to FCF ratio of 2.88. This is in the better half of the industry: GDX outperforms 75.56% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that GDX is not too dependend on debt financing.
The Debt to Equity ratio of GDX (0.33) is better than 75.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.88 | ||
| Altman-Z | 3.77 |
ROIC/WACC1.06
WACC10.42%
2.3 Liquidity
A Current Ratio of 1.34 indicates that GDX should not have too much problems paying its short term obligations.
The Current ratio of GDX (1.34) is better than 66.67% of its industry peers.
A Quick Ratio of 0.82 indicates that GDX may have some problems paying its short term obligations.
GDX has a Quick ratio (0.82) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
GDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.62%, which is quite good.
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.
The Revenue has grown by 14.11% in the past year. This is quite good.
GDX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.93% yearly.
EPS 1Y (TTM)17.62%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%27.08%
Revenue 1Y (TTM)14.11%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%13.9%
3.2 Future
The Earnings Per Share is expected to grow by 10.00% 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 4.42% yearly.
EPS Next Y12.96%
EPS Next 2Y12.41%
EPS Next 3Y11.14%
EPS Next 5Y10%
Revenue Next Year6.62%
Revenue Next 2Y5.43%
Revenue Next 3Y4.45%
Revenue Next 5Y4.42%
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
The Price/Earnings ratio is 21.14, which indicates a rather expensive current valuation of GDX.
93.33% of the companies in the same industry are more expensive than GDX, based on the Price/Earnings ratio.
GDX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.69, the valuation of GDX can be described as rather expensive.
GDX's Price/Forward Earnings ratio is rather cheap when compared to the industry. GDX is cheaper than 91.11% of the companies in the same industry.
GDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.14 | ||
| Fwd PE | 17.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDX is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GDX indicates a rather cheap valuation: GDX is cheaper than 82.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.54 | ||
| EV/EBITDA | 15.2 |
4.3 Compensation for Growth
GDX's 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)1.63
PEG (5Y)8.04
EPS Next 2Y12.41%
EPS Next 3Y11.14%
5. Dividend
5.1 Amount
GDX has a Yearly Dividend Yield of 1.98%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.09, GDX pays a better dividend. On top of this GDX pays more dividend than 95.56% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, GDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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
GDX pays out 39.00% of its income as dividend. This is a sustainable payout ratio.
The dividend of GDX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39%
EPS Next 2Y12.41%
EPS Next 3Y11.14%
FRA:GDX (7/15/2025, 7:00:00 PM)
260.9
+0.45 (+0.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners76.5%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap70.03B
Analysts73.75
Price Target261.27 (0.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
Yearly Dividend4.81
Dividend Growth(5Y)7.16%
DP39%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.56%
Min EPS beat(2)-0.53%
Max EPS beat(2)1.66%
EPS beat(4)1
Avg EPS beat(4)-2.1%
Min EPS beat(4)-6.39%
Max EPS beat(4)1.66%
EPS beat(8)3
Avg EPS beat(8)-1.68%
EPS beat(12)4
Avg EPS beat(12)-1.5%
EPS beat(16)6
Avg EPS beat(16)-1.24%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-1%
Max Revenue beat(2)1.41%
Revenue beat(4)2
Avg Revenue beat(4)-0.15%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)1.65%
Revenue beat(8)5
Avg Revenue beat(8)0.79%
Revenue beat(12)6
Avg Revenue beat(12)0.01%
Revenue beat(16)7
Avg Revenue beat(16)-0.9%
PT rev (1m)0.58%
PT rev (3m)-4.15%
EPS NQ rev (1m)1.54%
EPS NQ rev (3m)3.09%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.77%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)1.12%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.14 | ||
| Fwd PE | 17.69 | ||
| P/S | 1.66 | ||
| P/FCF | 24.54 | ||
| P/OCF | 19.33 | ||
| P/B | 3.68 | ||
| P/tB | 584.71 | ||
| EV/EBITDA | 15.2 |
EPS(TTM)12.34
EY4.73%
EPS(NY)14.75
Fwd EY5.65%
FCF(TTM)10.63
FCFY4.08%
OCF(TTM)13.5
OCFY5.17%
SpS156.83
BVpS70.83
TBVpS0.45
PEG (NY)1.63
PEG (5Y)8.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.89% | ||
| ROCE | 13.29% | ||
| ROIC | 11.07% | ||
| ROICexc | 11.44% | ||
| ROICexgc | 28.88% | ||
| OM | 10.22% | ||
| PM (TTM) | 8.08% | ||
| GM | 15.43% | ||
| FCFM | 6.78% |
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 Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.88 | ||
| Debt/EBITDA | 1.23 | ||
| Cap/Depr | 100.11% | ||
| Cap/Sales | 1.83% | ||
| Interest Coverage | 12.54 | ||
| Cash Conversion | 71.46% | ||
| Profit Quality | 83.88% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 3.77 |
F-Score7
WACC10.42%
ROIC/WACC1.06
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)17.62%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%27.08%
EPS Next Y12.96%
EPS Next 2Y12.41%
EPS Next 3Y11.14%
EPS Next 5Y10%
Revenue 1Y (TTM)14.11%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%13.9%
Revenue Next Year6.62%
Revenue Next 2Y5.43%
Revenue Next 3Y4.45%
Revenue Next 5Y4.42%
EBIT growth 1Y15.77%
EBIT growth 3Y4.83%
EBIT growth 5Y0.63%
EBIT Next Year27.41%
EBIT Next 3Y12.98%
EBIT Next 5Y10.3%
FCF growth 1Y12.78%
FCF growth 3Y-1.75%
FCF growth 5Y10.42%
OCF growth 1Y3.49%
OCF growth 3Y-1.15%
OCF growth 5Y6.98%