DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
EPA:AM - Euronext Paris - Matif - FR0014004L86 - Common Stock - Currency: EUR
AM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 39 industry peers in the Aerospace & Defense industry. AM has only an average score on both its financial health and profitability. AM has a correct valuation and a medium 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.
In the past 5 years AM has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: AM reported negative operating cash flow in multiple years.
1.2 Ratios
AM has a Return On Assets (3.17%) which is in line with its industry peers.
AM has a Return On Equity (14.59%) which is in line with its industry peers.
AM's Return On Invested Capital of 6.76% is in line compared to the rest of the industry. AM outperforms 48.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AM is below the industry average of 9.46%.
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
AM has a Profit Margin of 14.81%. This is amongst the best in the industry. AM outperforms 94.87% of its industry peers.
In the last couple of years the Profit Margin of AM has grown nicely.
With a Operating Margin value of 8.45%, AM perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
AM's Operating Margin has declined in the last couple of years.
AM has a Gross Margin of 37.48%. This is in the better half of the industry: AM outperforms 64.10% 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.
Compared to 1 year ago, AM has less shares outstanding
AM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AM has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of AM is 0.15, which is an excellent value as it means it would take AM, only 0.15 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.15, AM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that AM is not too dependend on debt financing.
AM has a better Debt to Equity ratio (0.03) than 97.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC8.03%
2.3 Liquidity
AM has a Current Ratio of 1.06. This is a normal value and indicates that AM is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.06, AM is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
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.
AM's Quick ratio of 0.76 is in line compared to the rest of the industry. AM outperforms 51.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.44% over the past year.
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
AM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.48% yearly.
AM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.86% yearly.
EPS Next Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y17.48%
Revenue Next Year17.13%
Revenue Next 2Y20.92%
Revenue Next 3Y16.06%
Revenue Next 5Y15.86%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.05, which means the current valuation is very expensive for AM.
Based on the Price/Earnings ratio, AM is valued a bit cheaper than 71.79% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.18. AM is around the same levels.
With a Price/Forward Earnings ratio of 22.76, AM is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AM is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of AM to the average of the S&P500 Index (20.81), we can say AM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.05 | ||
| Fwd PE | 22.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AM indicates a somewhat cheap valuation: AM is cheaper than 69.23% of the companies listed in the same industry.
AM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AM is cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.86 | ||
| EV/EBITDA | 14.48 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AM has a very decent profitability rating, which may justify a higher PE ratio.
AM's earnings are expected to grow with 17.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.58
PEG (5Y)4.28
EPS Next 2Y20.11%
EPS Next 3Y17.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.49%, AM has a reasonable but not impressive dividend return.
AM's Dividend Yield is a higher than the industry average which is at 1.35.
Compared to the average S&P500 Dividend Yield of 2.45, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
5.2 History
The dividend of AM is nicely growing with an annual growth rate of 9.70%!
Dividend Growth(5Y)9.7%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
AM pays out 28.66% of its income as dividend. This is a sustainable payout ratio.
AM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.66%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPA:AM (5/5/2025, 4:59:37 PM)
330.1
+5.5 (+1.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners9.8%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap25.88B
Analysts76.52
Price Target304.4 (-7.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
Yearly Dividend3.37
Dividend Growth(5Y)9.7%
DP28.66%
Div Incr Years3
Div Non Decr Years3
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)11.63%
PT rev (3m)29.91%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.29%
EPS NY rev (3m)1.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.21%
Revenue NY rev (3m)-1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.05 | ||
| Fwd PE | 22.76 | ||
| P/S | 4.15 | ||
| P/FCF | 16.86 | ||
| P/OCF | 13.76 | ||
| P/B | 4.09 | ||
| P/tB | 4.2 | ||
| EV/EBITDA | 14.48 |
EPS(TTM)11.77
EY3.57%
EPS(NY)14.5
Fwd EY4.39%
FCF(TTM)19.58
FCFY5.93%
OCF(TTM)23.99
OCFY7.27%
SpS79.59
BVpS80.77
TBVpS78.64
PEG (NY)1.58
PEG (5Y)4.28
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
WACC8.03%
ROIC/WACC0.84
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 5Y17.48%
Revenue 1Y (TTM)29.86%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%47.61%
Revenue Next Year17.13%
Revenue Next 2Y20.92%
Revenue Next 3Y16.06%
Revenue Next 5Y15.86%
EBIT growth 1Y50.84%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year58.1%
EBIT Next 3Y32.84%
EBIT Next 5Y28.27%
FCF growth 1Y250.78%
FCF growth 3Y1%
FCF growth 5YN/A
OCF growth 1Y379.67%
OCF growth 3Y4.2%
OCF growth 5YN/A