GENERAL DYNAMICS CORP (GDX.DE) Stock Fundamental Analysis
Europe - FRA:GDX - US3695501086 - Common Stock
274.85 EUR
-0.15 (-0.05%)
Taking everything into account, GDX scores 6 out of 10 in our fundamental rating. GDX was compared to 48 industry peers in the Aerospace & Defense industry. GDX has an excellent financial health rating, but there are some minor concerns on its profitability. GDX has a decent growth rate and is not valued too expensively.
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.
GDX had positive earnings in each of the past 5 years.
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.
The Return On Equity of GDX (17.33%) is better than 67.39% of its industry peers.
GDX's Return On Invested Capital of 11.19% is fine compared to the rest of the industry. GDX outperforms 71.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GDX is in line with the industry average of 9.20%.
The 3 year average ROIC (9.79%) for GDX is below the current ROIC(11.19%), indicating increased profibility in the last year.
| 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
GDX has a Profit Margin of 8.13%. This is amongst the best in the industry. GDX outperforms 84.78% of its industry peers.
In the last couple of years the Profit Margin of GDX has declined.
GDX's Operating Margin of 10.30% is fine compared to the rest of the industry. GDX outperforms 73.91% of its industry peers.
In the last couple of years the Operating Margin of GDX has declined.
Looking at the Gross Margin, with a value of 15.40%, GDX is doing worse than 76.09% 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 | 10.3% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GDX is creating some value.
The number of shares outstanding for GDX has been reduced compared to 1 year ago.
Compared to 5 years ago, GDX has less shares outstanding
The debt/assets ratio for GDX has been reduced compared to a year ago.
2.2 Solvency
GDX has an Altman-Z score of 3.94. This indicates that GDX is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.94, GDX is doing good in 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's Debt to FCF ratio of 2.11 is amongst the best of 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 Debt to Equity ratio of 0.32. This is in the better half of the industry: GDX outperforms 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | 3.94 |
ROIC/WACC1.18
WACC9.46%
2.3 Liquidity
GDX has a Current Ratio of 1.36. This is a normal value and indicates that GDX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.36, GDX is in the better half of the industry, outperforming 71.74% of the companies in the same industry.
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.
GDX has a Quick ratio (0.83) which 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
GDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.22%, 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.
Looking at the last year, GDX shows a quite strong growth in Revenue. The Revenue has grown by 11.85% in the last year.
Measured over the past years, GDX shows a small growth in Revenue. The Revenue has been growing by 3.93% on average per year.
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
GDX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.75% yearly.
Based on estimates for the next years, GDX will show a small growth in Revenue. The Revenue will grow by 4.88% on average per year.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.64, which indicates a rather expensive current valuation of GDX.
Based on the Price/Earnings ratio, GDX is valued cheaply inside the industry as 93.48% of the companies are valued more expensively.
GDX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.38.
Based on the Price/Forward Earnings ratio of 18.37, the valuation of GDX can be described as rather expensive.
Based on the Price/Forward Earnings ratio, GDX is valued cheaper than 86.96% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GDX to the average of the S&P500 Index (22.86), we can say GDX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 18.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDX is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, GDX is valued cheaper than 86.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.05 | ||
| EV/EBITDA | 15.45 |
4.3 Compensation for Growth
GDX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
GDX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.43
PEG (5Y)8.23
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.
Compared to an average industry Dividend Yield of 1.18, GDX pays a better dividend. On top of this GDX pays more dividend than 95.65% of the companies listed 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
The dividend of GDX is nicely growing with an annual growth rate of 7.16%!
Dividend Growth(5Y)7.16%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
GDX pays out 38.28% of its income as dividend. This is a sustainable payout ratio.
GDX's earnings are growing more than its dividend. This makes the dividend growth 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)11.55%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)0.74%
EPS NY rev (1m)0%
EPS NY rev (3m)2.1%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 18.37 | ||
| P/S | 1.73 | ||
| P/FCF | 21.05 | ||
| P/OCF | 17.29 | ||
| P/B | 3.68 | ||
| P/tB | 68.48 | ||
| EV/EBITDA | 15.45 |
EPS(TTM)12.7
EY4.62%
EPS(NY)14.96
Fwd EY5.44%
FCF(TTM)13.05
FCFY4.75%
OCF(TTM)15.89
OCFY5.78%
SpS159.25
BVpS74.69
TBVpS4.01
PEG (NY)1.43
PEG (5Y)8.23
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 | 3.94 |
F-Score7
WACC9.46%
ROIC/WACC1.18
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%