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 5 out of 10. We evaluated AM against 46 industry peers in the Aerospace & Defense industry. AM has an average financial health and profitability rating. 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.
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
With a Return On Assets value of 2.43%, AM is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
The Return On Equity of AM (12.64%) is comparable to the rest of the industry.
AM has a Return On Invested Capital (7.14%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for AM is below the industry average of 9.36%.
The last Return On Invested Capital (7.14%) for AM is above the 3 year average (6.60%), which is a sign of increasing profitability.
| 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
AM has a Profit Margin of 11.93%. This is amongst the best in the industry. AM outperforms 86.96% 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 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of AM has declined.
AM has a Gross Margin of 36.35%. This is in the better half of the industry: AM outperforms 65.22% 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
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.
AM has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AM has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of AM is 0.17, 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.
Looking at the Debt to FCF ratio, with a value of 0.17, AM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
AM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AM's Debt to Equity ratio of 0.03 is amongst the best of the industry. AM outperforms 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.
The Current ratio of AM (1.05) is worse than 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's Quick ratio of 0.75 is in line compared to the rest of the industry. AM outperforms 52.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
AM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.21%.
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
The Earnings Per Share is expected to grow by 20.15% on average over the next years. This is a very strong growth
AM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.56% yearly.
EPS Next Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y20.15%
Revenue Next Year14.28%
Revenue Next 2Y19.76%
Revenue Next 3Y17.16%
Revenue Next 5Y17.56%
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
Based on the Price/Earnings ratio of 27.55, the valuation of AM can be described as expensive.
Based on the Price/Earnings ratio, AM is valued a bit cheaper than the industry average as 71.74% of the companies are valued more expensively.
AM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.86, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.49, which indicates a correct valuation of AM.
91.30% of the companies in the same industry are more expensive than AM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AM to the average of the S&P500 Index (34.94), we can say AM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.55 | ||
| Fwd PE | 15.49 |
4.2 Price Multiples
AM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AM is cheaper than 100.00% 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 89.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.87 | ||
| EV/EBITDA | 6.28 |
4.3 Compensation for Growth
AM'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 AM's earnings are expected to grow with 17.33% in the coming years.
PEG (NY)1.55
PEG (5Y)4.2
EPS Next 2Y20.11%
EPS Next 3Y17.33%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 1.71%.
Compared to an average industry Dividend Yield of 1.15, AM pays a better dividend. On top of this AM pays more dividend than 86.96% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.36, AM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
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 47.21% of its income as dividend. 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 2Y20.11%
EPS Next 3Y17.33%
EPA:AM (8/21/2025, 5:36:15 PM)
275.2
+4 (+1.47%)
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 Cap21.58B
Analysts78.1
Price Target334.39 (21.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
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)1.35%
PT rev (3m)7.79%
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)-2.33%
Revenue NY rev (3m)-2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.55 | ||
| Fwd PE | 15.49 | ||
| P/S | 3.29 | ||
| P/FCF | 17.87 | ||
| P/OCF | 14.48 | ||
| P/B | 3.49 | ||
| P/tB | 3.59 | ||
| EV/EBITDA | 6.28 |
EPS(TTM)9.99
EY3.63%
EPS(NY)17.77
Fwd EY6.46%
FCF(TTM)15.4
FCFY5.6%
OCF(TTM)19
OCFY6.91%
SpS83.61
BVpS78.9
TBVpS76.64
PEG (NY)1.55
PEG (5Y)4.2
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 Y17.77%
EPS Next 2Y20.11%
EPS Next 3Y17.33%
EPS Next 5Y20.15%
Revenue 1Y (TTM)29.91%
Revenue growth 3Y-4.86%
Revenue growth 5Y-3.28%
Sales Q2Q%12.43%
Revenue Next Year14.28%
Revenue Next 2Y19.76%
Revenue Next 3Y17.16%
Revenue Next 5Y17.56%
EBIT growth 1Y48.25%
EBIT growth 3Y0.16%
EBIT growth 5Y-7.35%
EBIT Next Year60.38%
EBIT Next 3Y33.68%
EBIT Next 5Y30.19%
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