GENERAL DYNAMICS CORP (GDX.DE) Stock Fundamental Analysis
FRA:GDX - Deutsche Boerse Ag - US3695501086 - Common Stock - Currency: EUR
Overall GDX gets a fundamental rating of 6 out of 10. We evaluated GDX against 40 industry peers in the Aerospace & Defense industry. GDX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 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.
In the past 5 years GDX has always been profitable.
In the past 5 years GDX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of GDX (6.77%) is better than 87.50% of its industry peers.
With a decent Return On Equity value of 17.14%, GDX is doing good in the industry, outperforming 67.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.49%, GDX is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
GDX had an Average Return On Invested Capital over the past 3 years of 9.79%. This is in line with the industry average of 8.80%.
The last Return On Invested Capital (10.49%) for GDX is above the 3 year average (9.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.77% | ||
| ROE | 17.14% | ||
| ROIC | 10.49% |
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 7.93%, GDX belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
GDX's Profit Margin has declined in the last couple of years.
GDX has a better Operating Margin (10.05%) than 72.50% of its industry peers.
GDX's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 15.43%, GDX is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
GDX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.05% | ||
| PM (TTM) | 7.93% | ||
| 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
GDX has less shares outstanding than it did 5 years ago.
GDX has a better debt/assets ratio than last year.
2.2 Solvency
GDX has an Altman-Z score of 3.59. This indicates that GDX is financially healthy and has little risk of bankruptcy at the moment.
GDX has a better Altman-Z score (3.59) than 82.50% of its industry peers.
The Debt to FCF ratio of GDX is 2.91, which is a good value as it means it would take GDX, 2.91 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.91, GDX is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
GDX has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.35, GDX is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.91 | ||
| Altman-Z | 3.59 |
ROIC/WACC1.1
WACC9.57%
2.3 Liquidity
A Current Ratio of 1.37 indicates that GDX should not have too much problems paying its short term obligations.
GDX has a Current ratio of 1.37. This is in the better half of the industry: GDX outperforms 80.00% of its industry peers.
GDX has a Quick Ratio of 1.37. 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's Quick ratio of 0.82 is fine compared to the rest of the industry. GDX outperforms 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.48% 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.
The Revenue has grown by 12.88% in the past year. This is quite good.
The Revenue has been growing slightly by 3.93% on average over the past years.
EPS 1Y (TTM)13.48%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%14.01%
Revenue 1Y (TTM)12.88%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%14.31%
3.2 Future
Based on estimates for the next years, GDX will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.73% on average per year.
Based on estimates for the next years, GDX will show a small growth in Revenue. The Revenue will grow by 4.31% on average per year.
EPS Next Y12.07%
EPS Next 2Y12.48%
EPS Next 3Y11.22%
EPS Next 5Y9.73%
Revenue Next Year6.38%
Revenue Next 2Y5.39%
Revenue Next 3Y4.5%
Revenue Next 5Y4.31%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.66, the valuation of GDX can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of GDX indicates a rather cheap valuation: GDX is cheaper than 92.50% of the companies listed in the same industry.
GDX is valuated rather cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 17.54 indicates a rather expensive valuation of GDX.
GDX's Price/Forward Earnings ratio is rather cheap when compared to the industry. GDX is cheaper than 87.50% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GDX to the average of the S&P500 Index (21.38), we can say GDX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.66 | ||
| Fwd PE | 17.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDX is valued a bit cheaper than the industry average as 67.50% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, GDX is valued a bit cheaper than 77.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.56 | ||
| EV/EBITDA | 14 |
4.3 Compensation for Growth
The 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)1.63
PEG (5Y)7.48
EPS Next 2Y12.48%
EPS Next 3Y11.22%
5. Dividend
5.1 Amount
GDX has a Yearly Dividend Yield of 2.17%.
Compared to an average industry Dividend Yield of 1.37, GDX pays a better dividend. On top of this GDX pays more dividend than 87.50% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, GDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
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 40.43% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of GDX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP40.43%
EPS Next 2Y12.48%
EPS Next 3Y11.22%
FRA:GDX (4/24/2025, 7:00:00 PM)
235.7
+1 (+0.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners76.76%
Inst Owner ChangeN/A
Ins Owners0.25%
Ins Owner ChangeN/A
Market Cap63.26B
Analysts75.76
Price Target272.59 (15.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
Yearly Dividend4.95
Dividend Growth(5Y)7.16%
DP40.43%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.46%
Min EPS beat(2)-6.39%
Max EPS beat(2)-0.53%
EPS beat(4)0
Avg EPS beat(4)-3.68%
Min EPS beat(4)-6.39%
Max EPS beat(4)-0.53%
EPS beat(8)2
Avg EPS beat(8)-2.02%
EPS beat(12)4
Avg EPS beat(12)-1.55%
EPS beat(16)6
Avg EPS beat(16)-1.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.63%
Min Revenue beat(2)-2.66%
Max Revenue beat(2)1.41%
Revenue beat(4)3
Avg Revenue beat(4)0.34%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)1.65%
Revenue beat(8)6
Avg Revenue beat(8)1.27%
Revenue beat(12)7
Avg Revenue beat(12)0.2%
Revenue beat(16)8
Avg Revenue beat(16)-0.67%
PT rev (1m)-3.33%
PT rev (3m)-12.5%
EPS NQ rev (1m)1.02%
EPS NQ rev (3m)1.41%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-7.36%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)2.45%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.66 | ||
| Fwd PE | 17.54 | ||
| P/S | 1.51 | ||
| P/FCF | 22.56 | ||
| P/OCF | 17.53 | ||
| P/B | 3.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14 |
EPS(TTM)11.99
EY5.09%
EPS(NY)13.44
Fwd EY5.7%
FCF(TTM)10.45
FCFY4.43%
OCF(TTM)13.45
OCFY5.71%
SpS156.29
BVpS72.26
TBVpS-0.04
PEG (NY)1.63
PEG (5Y)7.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.77% | ||
| ROE | 17.14% | ||
| ROCE | 12.6% | ||
| ROIC | 10.49% | ||
| ROICexc | 10.98% | ||
| ROICexgc | 27.96% | ||
| OM | 10.05% | ||
| PM (TTM) | 7.93% | ||
| GM | 15.43% | ||
| FCFM | 6.69% |
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 Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.91 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 103.39% | ||
| Cap/Sales | 1.92% | ||
| Interest Coverage | 12.46 | ||
| Cash Conversion | 72.26% | ||
| Profit Quality | 84.35% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 3.59 |
F-Score7
WACC9.57%
ROIC/WACC1.1
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)13.48%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%14.01%
EPS Next Y12.07%
EPS Next 2Y12.48%
EPS Next 3Y11.22%
EPS Next 5Y9.73%
Revenue 1Y (TTM)12.88%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%14.31%
Revenue Next Year6.38%
Revenue Next 2Y5.39%
Revenue Next 3Y4.5%
Revenue Next 5Y4.31%
EBIT growth 1Y12.98%
EBIT growth 3Y4.83%
EBIT growth 5Y0.63%
EBIT Next Year26.98%
EBIT Next 3Y13.38%
EBIT Next 5Y10.29%
FCF growth 1Y-16.1%
FCF growth 3Y-1.75%
FCF growth 5Y10.42%
OCF growth 1Y-12.75%
OCF growth 3Y-1.15%
OCF growth 5Y6.98%