DASSAULT AVIATION SA (AM.PA) Stock Fundamental Analysis
Europe - EPA:AM - FR0014004L86 - Common Stock
280.4 EUR
-13.4 (-4.56%)
AM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 46 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of AM get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past year AM had a positive cash flow from operations.
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 of 2.43%. This is comparable to the rest of the industry: AM outperforms 41.30% of its industry peers.
AM's Return On Equity of 12.64% is in line compared to the rest of the industry. AM outperforms 56.52% of its industry peers.
AM has a Return On Invested Capital of 7.14%. This is comparable to the rest of the industry: AM outperforms 56.52% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AM is below the industry average of 9.09%.
The 3 year average ROIC (6.60%) for AM is below the current ROIC(7.14%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.43% | ||
| ROE | 12.64% | ||
| ROIC | 7.14% |
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
The Profit Margin of AM (11.93%) is better than 91.30% of its industry peers.
In the last couple of years the Profit Margin of AM has grown nicely.
Looking at the Operating Margin, with a value of 8.30%, AM is in line with its industry, outperforming 52.17% of the companies in the same industry.
In the last couple of years the Operating Margin of AM has declined.
The Gross Margin of AM (36.35%) is better than 60.87% of its industry peers.
In the last couple of years the Gross Margin of AM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.3% | ||
| PM (TTM) | 11.93% | ||
| GM | 36.35% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AM is destroying value.
AM has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AM has less shares outstanding
AM has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of AM is 0.17, which is an excellent value as it means it would take AM, only 0.17 years of fcf income to pay off all of its debts.
AM has a Debt to FCF ratio of 0.17. This is amongst the best in 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 better Debt to Equity ratio (0.03) than 97.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | N/A |
ROIC/WACC0.91
WACC7.84%
2.3 Liquidity
A Current Ratio of 1.05 indicates that AM should not have too much problems paying its short term obligations.
AM has a Current ratio of 1.05. This is in the lower half of the industry: AM underperforms 67.39% of its industry peers.
AM has a Quick Ratio of 1.05. 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 has a Quick ratio of 0.75. This is comparable to the rest of the industry: AM outperforms 54.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for AM have decreased by -2.21% in the last year.
The Earnings Per Share has been growing slightly by 6.56% on average over the past years.
AM shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.91%.
The Revenue has been decreasing by -3.28% on average over the past years.
EPS 1Y (TTM)-2.21%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%-29.38%
Revenue 1Y (TTM)29.91%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%12.43%
3.2 Future
AM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.07% yearly.
Based on estimates for the next years, AM will show a quite strong growth in Revenue. The Revenue will grow by 17.48% on average per year.
EPS Next Y12.82%
EPS Next 2Y19.93%
EPS Next 3Y17.42%
EPS Next 5Y20.07%
Revenue Next Year13.88%
Revenue Next 2Y20.06%
Revenue Next 3Y17.62%
Revenue Next 5Y17.48%
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
With a Price/Earnings ratio of 28.07, AM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AM indicates a somewhat cheap valuation: AM is cheaper than 76.09% 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 27.38.
AM is valuated correctly with a Price/Forward Earnings ratio of 15.83.
Based on the Price/Forward Earnings ratio, AM is valued cheaper than 91.30% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AM to the average of the S&P500 Index (22.86), we can say AM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.07 | ||
| Fwd PE | 15.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AM is valued cheaply inside the industry as 97.83% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AM indicates a rather cheap valuation: AM is cheaper than 89.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.21 | ||
| EV/EBITDA | 8.67 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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 17.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.19
PEG (5Y)4.28
EPS Next 2Y19.93%
EPS Next 3Y17.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.67%, AM has a reasonable but not impressive dividend return.
AM's Dividend Yield is rather good when compared to the industry average which is at 1.16. AM pays more dividend than 86.96% of the companies in the same industry.
AM's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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
47.21% of the earnings are spent on dividend by AM. This is a bit on the high side, but may be sustainable.
AM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP47.21%
EPS Next 2Y19.93%
EPS Next 3Y17.42%
EPA:AM (9/19/2025, 7:00:00 PM)
280.4
-13.4 (-4.56%)
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 Cap21.98B
Analysts78.1
Price Target335.35 (19.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
Yearly Dividend3.37
Dividend Growth(5Y)9.7%
DP47.21%
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)0.29%
PT rev (3m)4.52%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.2%
EPS NY rev (3m)-4.2%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-2.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.07 | ||
| Fwd PE | 15.83 | ||
| P/S | 3.35 | ||
| P/FCF | 18.21 | ||
| P/OCF | 14.76 | ||
| P/B | 3.55 | ||
| P/tB | 3.66 | ||
| EV/EBITDA | 8.67 |
EPS(TTM)9.99
EY3.56%
EPS(NY)17.71
Fwd EY6.32%
FCF(TTM)15.4
FCFY5.49%
OCF(TTM)19
OCFY6.78%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)2.19
PEG (5Y)4.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.43% | ||
| ROE | 12.64% | ||
| ROCE | 8.55% | ||
| ROIC | 7.14% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 8.3% | ||
| PM (TTM) | 11.93% | ||
| GM | 36.35% | ||
| FCFM | 18.42% |
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-Score7
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.17 | ||
| Debt/EBITDA | 0.23 | ||
| Cap/Depr | 143.16% | ||
| Cap/Sales | 4.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 201.03% | ||
| Profit Quality | 154.4% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | N/A |
F-Score7
WACC7.84%
ROIC/WACC0.91
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)-2.21%
EPS 3Y17.38%
EPS 5Y6.56%
EPS Q2Q%-29.38%
EPS Next Y12.82%
EPS Next 2Y19.93%
EPS Next 3Y17.42%
EPS Next 5Y20.07%
Revenue 1Y (TTM)29.91%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%12.43%
Revenue Next Year13.88%
Revenue Next 2Y20.06%
Revenue Next 3Y17.62%
Revenue Next 5Y17.48%
EBIT growth 1Y48.25%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year60.38%
EBIT Next 3Y33.68%
EBIT Next 5Y30.37%
FCF growth 1Y-43.19%
FCF growth 3Y1%
FCF growth 5YN/A
OCF growth 1Y-37.02%
OCF growth 3Y4.2%
OCF growth 5YN/A