AIRBUS SE (AIR.PA) Stock Fundamental Analysis
EPA:AIR - Euronext Paris - Matif - NL0000235190 - Common Stock - Currency: EUR
AIR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 46 industry peers in the Aerospace & Defense industry. While AIR is still in line with the averages on profitability rating, there are concerns on its financial health. AIR has a correct valuation and a medium growth rate.
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.
AIR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.35%, AIR is in line with its industry, outperforming 50.00% of the companies in the same industry.
With a decent Return On Equity value of 20.14%, AIR is doing good in the industry, outperforming 78.26% of the companies in the same industry.
The Return On Invested Capital of AIR (5.12%) is worse than 63.04% of its industry peers.
AIR had an Average Return On Invested Capital over the past 3 years of 5.64%. This is below the industry average of 8.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.35% | ||
| ROE | 20.14% | ||
| ROIC | 5.12% |
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's Profit Margin of 6.33% is in line compared to the rest of the industry. AIR outperforms 52.17% of its industry peers.
In the last couple of years the Profit Margin of AIR has declined.
AIR has a Operating Margin of 6.88%. This is comparable to the rest of the industry: AIR outperforms 43.48% of its industry peers.
AIR's Operating Margin has improved in the last couple of years.
The Gross Margin of AIR (15.18%) is worse than 80.43% of its industry peers.
In the last couple of years the Gross Margin of AIR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.88% | ||
| PM (TTM) | 6.33% | ||
| GM | 15.18% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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 1.65. This is a bad value and indicates that AIR is not financially healthy and even has some risk of bankruptcy.
AIR has a worse Altman-Z score (1.65) than 71.74% of its industry peers.
The Debt to FCF ratio of AIR is 3.45, which is a good value as it means it would take AIR, 3.45 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.45, AIR is doing good in the industry, outperforming 65.22% of the companies in the same industry.
AIR has a Debt/Equity ratio of 0.64. This is a neutral value indicating AIR is somewhat dependend on debt financing.
AIR's Debt to Equity ratio of 0.64 is in line compared to the rest of the industry. AIR outperforms 43.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 3.45 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.66
WACC7.8%
2.3 Liquidity
AIR has a Current Ratio of 1.17. This is a normal value and indicates that AIR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.17, AIR is doing worse than 60.87% of the companies in the same industry.
A Quick Ratio of 0.50 indicates that AIR may have some problems paying its short term obligations.
With a Quick ratio value of 0.50, AIR is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
The earnings per share for AIR have decreased by -4.33% in the last year.
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 5.16% in the last year.
AIR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.36% yearly.
EPS 1Y (TTM)-4.33%
EPS 3Y-0.06%
EPS 5Y-2.79%
EPS Q2Q%67.61%
Revenue 1Y (TTM)5.16%
Revenue growth 3Y9.9%
Revenue growth 5Y-0.36%
Sales Q2Q%5.55%
3.2 Future
AIR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.52% yearly.
The Revenue is expected to grow by 9.69% on average over the next years. This is quite good.
EPS Next Y25.24%
EPS Next 2Y24.28%
EPS Next 3Y22.29%
EPS Next 5Y21.52%
Revenue Next Year8.75%
Revenue Next 2Y10.3%
Revenue Next 3Y10.47%
Revenue Next 5Y9.69%
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
Based on the Price/Earnings ratio of 28.13, the valuation of AIR can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of AIR indicates a somewhat cheap valuation: AIR is cheaper than 69.57% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AIR to the average of the S&P500 Index (26.32), we can say AIR is valued inline with the index average.
With a Price/Forward Earnings ratio of 19.87, AIR is valued on the expensive side.
Based on the Price/Forward Earnings ratio, AIR is valued a bit cheaper than 73.91% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AIR to the average of the S&P500 Index (22.13), we can say AIR is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.13 | ||
| Fwd PE | 19.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AIR indicates a somewhat cheap valuation: AIR is cheaper than 67.39% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AIR is valued a bit cheaper than the industry average as 67.39% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.38 | ||
| EV/EBITDA | 15.93 |
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)1.11
PEG (5Y)N/A
EPS Next 2Y24.28%
EPS Next 3Y22.29%
5. Dividend
5.1 Amount
AIR has a Yearly Dividend Yield of 1.84%.
Compared to an average industry Dividend Yield of 1.28, AIR pays a better dividend. On top of this AIR pays more dividend than 82.61% of the companies listed in the same industry.
AIR's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
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 Years3
5.3 Sustainability
50.00% of the earnings are spent on dividend by AIR. This is a bit on the high side, but may be sustainable.
The dividend of AIR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50%
EPS Next 2Y24.28%
EPS Next 3Y22.29%
EPA:AIR (6/16/2025, 12:07:59 PM)
161.74
+0.16 (+0.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners28.47%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap128.14B
Analysts80.8
Price Target184.83 (14.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
Yearly Dividend2.81
Dividend Growth(5Y)11.34%
DP50%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.26%
Min EPS beat(2)12.5%
Max EPS beat(2)104.02%
EPS beat(4)3
Avg EPS beat(4)18.17%
Min EPS beat(4)-58.43%
Max EPS beat(4)104.02%
EPS beat(8)6
Avg EPS beat(8)12.58%
EPS beat(12)9
Avg EPS beat(12)19.67%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.25%
Min Revenue beat(2)-0.39%
Max Revenue beat(2)2.89%
Revenue beat(4)1
Avg Revenue beat(4)0.28%
Min Revenue beat(4)-1.02%
Max Revenue beat(4)2.89%
Revenue beat(8)1
Avg Revenue beat(8)-0.55%
Revenue beat(12)4
Avg Revenue beat(12)-0.14%
Revenue beat(16)5
Avg Revenue beat(16)-0.4%
PT rev (1m)-0.2%
PT rev (3m)0.49%
EPS NQ rev (1m)-16.34%
EPS NQ rev (3m)-21.47%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.16%
Revenue NQ rev (1m)-6.21%
Revenue NQ rev (3m)-7.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.13 | ||
| Fwd PE | 19.87 | ||
| P/S | 1.83 | ||
| P/FCF | 24.38 | ||
| P/OCF | 14.2 | ||
| P/B | 5.82 | ||
| P/tB | 26.15 | ||
| EV/EBITDA | 15.93 |
EPS(TTM)5.75
EY3.56%
EPS(NY)8.14
Fwd EY5.03%
FCF(TTM)6.64
FCFY4.1%
OCF(TTM)11.39
OCFY7.04%
SpS88.28
BVpS27.77
TBVpS6.18
PEG (NY)1.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.35% | ||
| ROE | 20.14% | ||
| ROCE | 6.78% | ||
| ROIC | 5.12% | ||
| ROICexc | 6.85% | ||
| ROICexgc | 10.11% | ||
| OM | 6.88% | ||
| PM (TTM) | 6.33% | ||
| GM | 15.18% | ||
| FCFM | 7.52% |
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 Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 3.45 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 127.04% | ||
| Cap/Sales | 5.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 116.05% | ||
| Profit Quality | 118.67% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 1.65 |
F-Score7
WACC7.8%
ROIC/WACC0.66
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)-4.33%
EPS 3Y-0.06%
EPS 5Y-2.79%
EPS Q2Q%67.61%
EPS Next Y25.24%
EPS Next 2Y24.28%
EPS Next 3Y22.29%
EPS Next 5Y21.52%
Revenue 1Y (TTM)5.16%
Revenue growth 3Y9.9%
Revenue growth 5Y-0.36%
Sales Q2Q%5.55%
Revenue Next Year8.75%
Revenue Next 2Y10.3%
Revenue Next 3Y10.47%
Revenue Next 5Y9.69%
EBIT growth 1Y5.92%
EBIT growth 3Y-1.48%
EBIT growth 5Y38.19%
EBIT Next Year82.55%
EBIT Next 3Y33.9%
EBIT Next 5Y22.98%
FCF growth 1Y94.92%
FCF growth 3Y11.25%
FCF growth 5Y21.45%
OCF growth 1Y69.61%
OCF growth 3Y16.85%
OCF growth 5Y14.55%