AIRBUS SE (AIR.PA) Stock Fundamental Analysis
EPA:AIR - Euronext Paris - Matif - NL0000235190 - Common Stock - Currency: EUR
Taking everything into account, AIR scores 4 out of 10 in our fundamental rating. AIR was compared to 39 industry peers in the Aerospace & Defense industry. AIR has a medium profitability rating, but doesn't score so well on its financial health evaluation. AIR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AIR had positive earnings in the past year.
AIR had a positive operating cash flow in the past year.
Of the past 5 years AIR 4 years were profitable.
Of the past 5 years AIR 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AIR (3.28%) is comparable to the rest of the industry.
AIR has a Return On Equity of 21.59%. This is amongst the best in the industry. AIR outperforms 82.93% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.44%, AIR is in line with its industry, outperforming 43.90% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AIR is below the industry average of 9.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 21.59% | ||
| ROIC | 5.44% |
ROA(3y)3.38%
ROA(5y)2.61%
ROE(3y)25.26%
ROE(5y)20.54%
ROIC(3y)5.64%
ROIC(5y)4.87%
1.3 Margins
AIR has a Profit Margin (6.11%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AIR has declined.
AIR's Operating Margin of 7.16% is in line compared to the rest of the industry. AIR outperforms 43.90% of its industry peers.
In the last couple of years the Operating Margin of AIR has grown nicely.
AIR has a Gross Margin of 15.42%. This is in the lower half of the industry: AIR underperforms 75.61% of its industry peers.
AIR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.16% | ||
| PM (TTM) | 6.11% | ||
| GM | 15.42% |
OM growth 3Y-10.35%
OM growth 5Y38.69%
PM growth 3Y-8.88%
PM growth 5YN/A
GM growth 3Y-5.84%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AIR is destroying value.
Compared to 1 year ago, AIR has about the same amount of shares outstanding.
Compared to 5 years ago, AIR has more shares outstanding
AIR has a better debt/assets ratio than last year.
2.2 Solvency
AIR has an Altman-Z score of 1.62. This is a bad value and indicates that AIR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AIR (1.62) is worse than 68.29% of its industry peers.
The Debt to FCF ratio of AIR is 4.86, which is a neutral value as it means it would take AIR, 4.86 years of fcf income to pay off all of its debts.
AIR has a Debt to FCF ratio (4.86) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.72 indicates that AIR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.72, AIR perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.77
WACC7.1%
2.3 Liquidity
A Current Ratio of 1.15 indicates that AIR should not have too much problems paying its short term obligations.
AIR's Current ratio of 1.15 is on the low side compared to the rest of the industry. AIR is outperformed by 60.98% of its industry peers.
A Quick Ratio of 0.52 indicates that AIR may have some problems paying its short term obligations.
With a Quick ratio value of 0.52, AIR is not doing good in the industry: 85.37% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
AIR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.17%.
Measured over the past years, AIR shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.79% on average per year.
Looking at the last year, AIR shows a small growth in Revenue. The Revenue has grown by 5.78% in the last year.
The Revenue has been decreasing by -0.36% on average over the past years.
EPS 1Y (TTM)-20.17%
EPS 3Y-0.06%
EPS 5Y-2.79%
EPS Q2Q%-66.49%
Revenue 1Y (TTM)5.78%
Revenue growth 3Y9.9%
Revenue growth 5Y-0.36%
Sales Q2Q%-2.16%
3.2 Future
AIR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.12% yearly.
The Revenue is expected to grow by 9.34% on average over the next years. This is quite good.
EPS Next Y25.24%
EPS Next 2Y24.28%
EPS Next 3Y22.29%
EPS Next 5Y21.12%
Revenue Next Year9.24%
Revenue Next 2Y10.75%
Revenue Next 3Y10.82%
Revenue Next 5Y9.34%
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 32.55, which means the current valuation is very expensive for AIR.
63.41% of the companies in the same industry are more expensive than AIR, based on the Price/Earnings ratio.
AIR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.18.
With a Price/Forward Earnings ratio of 19.19, AIR is valued on the expensive side.
Based on the Price/Forward Earnings ratio, AIR is valued a bit cheaper than 73.17% of the companies in the same industry.
AIR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 20.81, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.55 | ||
| Fwd PE | 19.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AIR is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AIR is valued a bit cheaper than the industry average as 60.98% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.16 | ||
| EV/EBITDA | 15.41 |
4.3 Compensation for Growth
AIR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as AIR's earnings are expected to grow with 22.29% in the coming years.
PEG (NY)1.29
PEG (5Y)N/A
EPS Next 2Y24.28%
EPS Next 3Y22.29%
5. Dividend
5.1 Amount
AIR has a Yearly Dividend Yield of 2.04%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.35, AIR pays a better dividend. On top of this AIR pays more dividend than 92.68% of the companies listed in the same industry.
AIR's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
5.2 History
On average, the dividend of AIR grows each year by 11.34%, which is quite nice.
Dividend Growth(5Y)11.34%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
AIR pays out 52.34% of its income as dividend. This is a bit on the high side, but may be sustainable.
AIR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.34%
EPS Next 2Y24.28%
EPS Next 3Y22.29%
EPA:AIR (5/5/2025, 9:32:08 AM)
156.24
+1.28 (+0.83%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners28.97%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap123.79B
Analysts80.8
Price Target187.25 (19.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
Yearly Dividend2.81
Dividend Growth(5Y)11.34%
DP52.34%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.54%
Min EPS beat(2)12.5%
Max EPS beat(2)14.58%
EPS beat(4)2
Avg EPS beat(4)-10.28%
Min EPS beat(4)-58.43%
Max EPS beat(4)14.58%
EPS beat(8)6
Avg EPS beat(8)6.73%
EPS beat(12)9
Avg EPS beat(12)21.31%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.38%
Min Revenue beat(2)-0.39%
Max Revenue beat(2)-0.37%
Revenue beat(4)0
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-1.61%
Max Revenue beat(4)-0.37%
Revenue beat(8)1
Avg Revenue beat(8)-0.51%
Revenue beat(12)3
Avg Revenue beat(12)-0.47%
Revenue beat(16)5
Avg Revenue beat(16)-0.54%
PT rev (1m)-0.34%
PT rev (3m)5.92%
EPS NQ rev (1m)-0.85%
EPS NQ rev (3m)-45.28%
EPS NY rev (1m)-1.1%
EPS NY rev (3m)-2.86%
Revenue NQ rev (1m)-0.52%
Revenue NQ rev (3m)-8.67%
Revenue NY rev (1m)-0.62%
Revenue NY rev (3m)-0.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.55 | ||
| Fwd PE | 19.19 | ||
| P/S | 1.79 | ||
| P/FCF | 33.16 | ||
| P/OCF | 16.72 | ||
| P/B | 6.31 | ||
| P/tB | 51 | ||
| EV/EBITDA | 15.41 |
EPS(TTM)4.8
EY3.07%
EPS(NY)8.14
Fwd EY5.21%
FCF(TTM)4.71
FCFY3.02%
OCF(TTM)9.34
OCFY5.98%
SpS87.38
BVpS24.75
TBVpS3.06
PEG (NY)1.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 21.59% | ||
| ROCE | 7.21% | ||
| ROIC | 5.44% | ||
| ROICexc | 7.16% | ||
| ROICexgc | 10.68% | ||
| OM | 7.16% | ||
| PM (TTM) | 6.11% | ||
| GM | 15.42% | ||
| FCFM | 5.39% |
ROA(3y)3.38%
ROA(5y)2.61%
ROE(3y)25.26%
ROE(5y)20.54%
ROIC(3y)5.64%
ROIC(5y)4.87%
ROICexc(3y)7.87%
ROICexc(5y)6.79%
ROICexgc(3y)12.35%
ROICexgc(5y)10.76%
ROCE(3y)7.48%
ROCE(5y)6.45%
ROICexcg growth 3Y-10.63%
ROICexcg growth 5Y26.95%
ROICexc growth 3Y-8%
ROICexc growth 5Y30.7%
OM growth 3Y-10.35%
OM growth 5Y38.69%
PM growth 3Y-8.88%
PM growth 5YN/A
GM growth 3Y-5.84%
GM growth 5Y0.68%
F-Score7
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 128.6% | ||
| Cap/Sales | 5.3% | ||
| Interest Coverage | 6.3 | ||
| Cash Conversion | 94.81% | ||
| Profit Quality | 88.21% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 1.62 |
F-Score7
WACC7.1%
ROIC/WACC0.77
Cap/Depr(3y)118.47%
Cap/Depr(5y)100.09%
Cap/Sales(3y)4.72%
Cap/Sales(5y)4.28%
Profit Quality(3y)87.6%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.17%
EPS 3Y-0.06%
EPS 5Y-2.79%
EPS Q2Q%-66.49%
EPS Next Y25.24%
EPS Next 2Y24.28%
EPS Next 3Y22.29%
EPS Next 5Y21.12%
Revenue 1Y (TTM)5.78%
Revenue growth 3Y9.9%
Revenue growth 5Y-0.36%
Sales Q2Q%-2.16%
Revenue Next Year9.24%
Revenue Next 2Y10.75%
Revenue Next 3Y10.82%
Revenue Next 5Y9.34%
EBIT growth 1Y14.25%
EBIT growth 3Y-1.48%
EBIT growth 5Y38.19%
EBIT Next Year82.4%
EBIT Next 3Y34.84%
EBIT Next 5Y22.49%
FCF growth 1Y16.51%
FCF growth 3Y11.25%
FCF growth 5Y21.45%
OCF growth 1Y18.34%
OCF growth 3Y16.85%
OCF growth 5Y14.55%