DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
EPA:AM - Euronext Paris - Matif - FR0014004L86 - Common Stock - Currency: EUR
Overall AM gets a fundamental rating of 6 out of 10. We evaluated AM against 47 industry peers in the Aerospace & Defense industry. AM has only an average score on both its financial health and profitability. AM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AM was profitable.
AM had a positive operating cash flow in the past year.
AM had positive earnings in each of the past 5 years.
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 comparable to the rest of the industry.
AM has a better Return On Equity (14.59%) than 61.70% of its industry peers.
AM's Return On Invested Capital of 6.76% is in line compared to the rest of the industry. AM outperforms 55.32% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AM is below the industry average of 8.60%.
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 93.62% of the companies in the same industry.
AM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.45%, AM is in line with its industry, outperforming 57.45% of the companies in the same industry.
In the last couple of years the Operating Margin of AM has declined.
With a decent Gross Margin value of 37.48%, AM is doing good in the industry, outperforming 65.96% of the companies in the same industry.
In the last couple of years the Gross Margin of AM has grown nicely.
| 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
AM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
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.
AM's Debt to FCF ratio of 0.15 is amongst the best of the industry. AM outperforms 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.
AM has a Debt to Equity ratio of 0.03. This is amongst the best in the industry. AM outperforms 97.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | N/A |
ROIC/WACC0.86
WACC7.84%
2.3 Liquidity
A Current Ratio of 1.06 indicates that AM should not have too much problems paying its short term obligations.
AM's Current ratio of 1.06 is on the low side compared to the rest of the industry. AM is outperformed by 72.34% of its industry peers.
A Quick Ratio of 0.76 indicates that AM may have some problems paying its short term obligations.
AM has a Quick ratio (0.76) which is in line with its industry peers.
| 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%.
Measured over the past years, AM shows a decrease in Revenue. The Revenue has been decreasing by -3.28% on average per year.
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 a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.50% yearly.
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
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
A Price/Earnings ratio of 22.72 indicates a rather expensive valuation of AM.
Based on the Price/Earnings ratio, AM is valued cheaper than 87.23% of the companies in the same industry.
AM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 18.44, AM is valued on the expensive side.
Based on the Price/Forward Earnings ratio, AM is valued cheaper than 89.36% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.54, AM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.72 | ||
| Fwd PE | 18.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AM indicates a rather cheap valuation: AM is cheaper than 100.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AM is valued cheaply inside the industry as 93.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.66 | ||
| EV/EBITDA | 7.6 |
4.3 Compensation for Growth
AM's 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.
A more expensive valuation may be justified as AM's earnings are expected to grow with 17.33% in the coming years.
PEG (NY)1.28
PEG (5Y)3.46
EPS Next 2Y20.11%
EPS Next 3Y17.33%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.60%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.18, AM pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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 Years4
Div Non Decr Years4
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 (7/24/2025, 7:00:00 PM)
267.4
+5.4 (+2.06%)
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 Cap20.96B
Analysts76.36
Price Target336.01 (25.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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)4.73%
PT rev (3m)8.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
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 | 22.72 | ||
| Fwd PE | 18.44 | ||
| P/S | 3.36 | ||
| P/FCF | 13.66 | ||
| P/OCF | 11.14 | ||
| P/B | 3.31 | ||
| P/tB | 3.4 | ||
| EV/EBITDA | 7.6 |
EPS(TTM)11.77
EY4.4%
EPS(NY)14.5
Fwd EY5.42%
FCF(TTM)19.58
FCFY7.32%
OCF(TTM)23.99
OCFY8.97%
SpS79.59
BVpS80.77
TBVpS78.64
PEG (NY)1.28
PEG (5Y)3.46
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
WACC7.84%
ROIC/WACC0.86
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