DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
EPA:AM - Euronext Paris - Matif - FR0014004L86 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to AM. AM was compared to 43 industry peers in the Aerospace & Defense industry. AM has only an average score on both its financial health and profitability. AM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AM was profitable.
In the past year AM had a positive cash flow from operations.
Each year in the past 5 years AM has been profitable.
In multiple years AM reported negative operating cash flow during the last 5 years.
1.2 Ratios
AM has a Return On Assets (3.17%) which is comparable to the rest of the industry.
The Return On Equity of AM (14.59%) is better than 60.47% of its industry peers.
AM has a Return On Invested Capital (6.76%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AM is below the industry average of 8.78%.
The 3 year average ROIC (6.60%) for AM is below the current ROIC(6.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.17% | ||
| ROE | 14.59% | ||
| ROIC | 6.76% |
ROA(3y)3.1%
ROA(5y)3.05%
ROE(3y)12.86%
ROE(5y)11.33%
ROIC(3y)6.6%
ROIC(5y)6.61%
1.3 Margins
With an excellent Profit Margin value of 14.81%, AM belongs to the best of the industry, outperforming 95.35% of the companies in the same industry.
AM's Profit Margin has improved in the last couple of years.
AM's Operating Margin of 8.45% is in line compared to the rest of the industry. AM outperforms 55.81% of its industry peers.
In the last couple of years the Operating Margin of AM has declined.
The Gross Margin of AM (37.48%) is better than 67.44% of its industry peers.
AM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.45% | ||
| PM (TTM) | 14.81% | ||
| GM | 37.48% |
OM growth 3Y5.28%
OM growth 5Y-4.21%
PM growth 3Y21.01%
PM growth 5Y8.89%
GM growth 3Y4.76%
GM growth 5Y3.34%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AM is destroying value.
The number of shares outstanding for AM has been reduced compared to 1 year ago.
Compared to 5 years ago, AM has less shares outstanding
Compared to 1 year ago, AM has an improved debt to assets ratio.
2.2 Solvency
AM has a debt to FCF ratio of 0.15. This is a very positive value and a sign of high solvency as it would only need 0.15 years to pay back of all of its debts.
AM has a better Debt to FCF ratio (0.15) than 100.00% of its industry peers.
AM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.03, AM belongs to the top of the industry, outperforming 97.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | N/A |
ROIC/WACC0.85
WACC7.95%
2.3 Liquidity
A Current Ratio of 1.06 indicates that AM should not have too much problems paying its short term obligations.
AM has a Current ratio of 1.06. This is in the lower half of the industry: AM underperforms 67.44% of its industry peers.
AM has a Quick Ratio of 1.06. This is a bad value and indicates that AM is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of AM (0.76) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
AM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.44%, which is quite impressive.
The Earnings Per Share has been growing slightly by 6.56% on average over the past years.
Looking at the last year, AM shows a very strong growth in Revenue. The Revenue has grown by 29.86%.
AM shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.28% yearly.
EPS 1Y (TTM)37.44%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%37.28%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%47.61%
3.2 Future
Based on estimates for the next years, AM will show a very strong growth in Earnings Per Share. The EPS will grow by 20.50% on average per year.
Based on estimates for the next years, AM will show a quite strong growth in Revenue. The Revenue will grow by 17.34% on average per year.
EPS Next Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y20.5%
Revenue Next Year17.01%
Revenue Next 2Y20.86%
Revenue Next 3Y16%
Revenue Next 5Y17.34%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.37, which means the current valuation is very expensive for AM.
Compared to the rest of the industry, the Price/Earnings ratio of AM indicates a somewhat cheap valuation: AM is cheaper than 79.07% of the companies listed in the same industry.
AM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.92.
The Price/Forward Earnings ratio is 20.59, which indicates a rather expensive current valuation of AM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AM indicates a somewhat cheap valuation: AM is cheaper than 79.07% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AM to the average of the S&P500 Index (21.49), we can say AM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.37 | ||
| Fwd PE | 20.59 |
4.2 Price Multiples
AM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AM is cheaper than 88.37% of the companies in the same industry.
AM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AM is cheaper than 88.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.25 | ||
| EV/EBITDA | 11.62 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of AM may justify a higher PE ratio.
A more expensive valuation may be justified as AM's earnings are expected to grow with 17.33% in the coming years.
PEG (NY)1.43
PEG (5Y)3.87
EPS Next 2Y20.11%
EPS Next 3Y17.33%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.56%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.22, AM pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.43, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
On average, the dividend of AM grows each year by 9.70%, which is quite nice.
Dividend Growth(5Y)9.7%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
28.66% of the earnings are spent on dividend by AM. This is a low number and sustainable payout ratio.
The dividend of AM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.66%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPA:AM (6/27/2025, 7:00:00 PM)
298.6
-3.6 (-1.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners8.62%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap23.41B
Analysts76.36
Price Target329.93 (10.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Yearly Dividend3.37
Dividend Growth(5Y)9.7%
DP28.66%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.35%
PT rev (3m)21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.37 | ||
| Fwd PE | 20.59 | ||
| P/S | 3.75 | ||
| P/FCF | 15.25 | ||
| P/OCF | 12.45 | ||
| P/B | 3.7 | ||
| P/tB | 3.8 | ||
| EV/EBITDA | 11.62 |
EPS(TTM)11.77
EY3.94%
EPS(NY)14.5
Fwd EY4.86%
FCF(TTM)19.58
FCFY6.56%
OCF(TTM)23.99
OCFY8.04%
SpS79.59
BVpS80.77
TBVpS78.64
PEG (NY)1.43
PEG (5Y)3.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.17% | ||
| ROE | 14.59% | ||
| ROCE | 8.09% | ||
| ROIC | 6.76% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 8.45% | ||
| PM (TTM) | 14.81% | ||
| GM | 37.48% | ||
| FCFM | 24.6% |
ROA(3y)3.1%
ROA(5y)3.05%
ROE(3y)12.86%
ROE(5y)11.33%
ROIC(3y)6.6%
ROIC(5y)6.61%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.9%
ROCE(5y)7.92%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y5.28%
OM growth 5Y-4.21%
PM growth 3Y21.01%
PM growth 5Y8.89%
GM growth 3Y4.76%
GM growth 5Y3.34%
F-Score8
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.15 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 185.88% | ||
| Cap/Sales | 5.54% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 263.74% | ||
| Profit Quality | 166.18% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | N/A |
F-Score8
WACC7.95%
ROIC/WACC0.85
Cap/Depr(3y)157.54%
Cap/Depr(5y)327.51%
Cap/Sales(3y)5.08%
Cap/Sales(5y)5.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.44%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%37.28%
EPS Next Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y20.5%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%47.61%
Revenue Next Year17.01%
Revenue Next 2Y20.86%
Revenue Next 3Y16%
Revenue Next 5Y17.34%
EBIT growth 1Y50.84%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year60.38%
EBIT Next 3Y33.68%
EBIT Next 5Y26.83%
FCF growth 1Y250.78%
FCF growth 3Y1%
FCF growth 5YN/A
OCF growth 1Y379.67%
OCF growth 3Y4.2%
OCF growth 5YN/A