BAE SYSTEMS PLC (BSP.DE) Stock Fundamental Analysis
Europe - FRA:BSP - GB0002634946 - Common Stock
21.28 EUR
-0.22 (-1.02%)
We assign a fundamental rating of 5 out of 10 to BSP. BSP was compared to 42 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of BSP get a neutral evaluation. Nothing too spectacular is happening here. BSP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BSP had positive earnings in the past year.
BSP had a positive operating cash flow in the past year.
In the past 5 years BSP has always been profitable.
BSP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.31%, BSP is in the better half of the industry, outperforming 69.05% of the companies in the same industry.
The Return On Equity of BSP (17.56%) is better than 64.29% of its industry peers.
BSP has a Return On Invested Capital (8.14%) which is comparable to the rest of the industry.
BSP had an Average Return On Invested Capital over the past 3 years of 8.62%. This is in line with the industry average of 9.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 17.56% | ||
| ROIC | 8.14% |
ROA(3y)5.33%
ROA(5y)5.43%
ROE(3y)16.2%
ROE(5y)20.05%
ROIC(3y)8.62%
ROIC(5y)8.6%
1.3 Margins
Looking at the Profit Margin, with a value of 7.21%, BSP is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
In the last couple of years the Profit Margin of BSP has declined.
BSP has a Operating Margin (9.05%) which is in line with its industry peers.
In the last couple of years the Operating Margin of BSP has remained more or less at the same level.
BSP has a better Gross Margin (62.97%) than 88.10% of its industry peers.
In the last couple of years the Gross Margin of BSP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.05% | ||
| PM (TTM) | 7.21% | ||
| GM | 62.97% |
OM growth 3Y-1.32%
OM growth 5Y-0.72%
PM growth 3Y-6.19%
PM growth 5Y-1.61%
GM growth 3Y0.6%
GM growth 5Y0.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BSP is destroying value.
The number of shares outstanding for BSP has been reduced compared to 1 year ago.
The number of shares outstanding for BSP has been reduced compared to 5 years ago.
The debt/assets ratio for BSP is higher compared to a year ago.
2.2 Solvency
BSP has an Altman-Z score of 2.64. This is not the best score and indicates that BSP is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of BSP (2.64) is comparable to the rest of the industry.
The Debt to FCF ratio of BSP is 5.20, which is a neutral value as it means it would take BSP, 5.20 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.20, BSP is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
BSP has a Debt/Equity ratio of 0.87. This is a neutral value indicating BSP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.87, BSP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 5.2 | ||
| Altman-Z | 2.64 |
ROIC/WACC0.88
WACC9.28%
2.3 Liquidity
A Current Ratio of 1.03 indicates that BSP should not have too much problems paying its short term obligations.
BSP has a worse Current ratio (1.03) than 73.81% of its industry peers.
BSP has a Quick Ratio of 1.03. This is a bad value and indicates that BSP is not financially healthy enough and could expect problems in meeting its short term obligations.
BSP's Quick ratio of 0.91 is fine compared to the rest of the industry. BSP outperforms 69.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
BSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.76%, which is quite good.
BSP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.10% yearly.
The Revenue has grown by 11.60% in the past year. This is quite good.
BSP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.53% yearly.
EPS 1Y (TTM)10.76%
EPS 3Y12.56%
EPS 5Y8.1%
EPS Q2Q%10.97%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
3.2 Future
BSP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.17% yearly.
Based on estimates for the next years, BSP will show a small growth in Revenue. The Revenue will grow by 6.07% on average per year.
EPS Next Y12.53%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
EPS Next 5Y13.17%
Revenue Next Year8.62%
Revenue Next 2Y7.81%
Revenue Next 3Y7.47%
Revenue Next 5Y6.07%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.95 indicates a quite expensive valuation of BSP.
88.10% of the companies in the same industry are more expensive than BSP, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BSP to the average of the S&P500 Index (26.91), we can say BSP is valued inline with the index average.
BSP is valuated rather expensively with a Price/Forward Earnings ratio of 21.62.
BSP's Price/Forward Earnings ratio is rather cheap when compared to the industry. BSP is cheaper than 83.33% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BSP to the average of the S&P500 Index (22.92), we can say BSP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.95 | ||
| Fwd PE | 21.62 |
4.2 Price Multiples
76.19% of the companies in the same industry are more expensive than BSP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BSP is valued a bit cheaper than the industry average as 69.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.73 | ||
| EV/EBITDA | 17.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of BSP may justify a higher PE ratio.
A more expensive valuation may be justified as BSP's earnings are expected to grow with 12.27% in the coming years.
PEG (NY)2.07
PEG (5Y)3.2
EPS Next 2Y12.5%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
BSP has a Yearly Dividend Yield of 1.82%.
Compared to an average industry Dividend Yield of 1.11, BSP pays a better dividend. On top of this BSP pays more dividend than 92.86% of the companies listed in the same industry.
BSP's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
5.2 History
The dividend of BSP is nicely growing with an annual growth rate of 6.50%!
Dividend Growth(5Y)6.5%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BSP pays out 50.43% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BSP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50.43%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
FRA:BSP (10/24/2025, 7:00:00 PM)
21.28
-0.22 (-1.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners78.41%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap63.94B
Revenue(TTM)27.41B
Net Income(TTM)1.98B
Analysts79.23
Price Target24.56 (15.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
Yearly Dividend0.36
Dividend Growth(5Y)6.5%
DP50.43%
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)-0.19%
PT rev (3m)9.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.72%
EPS NY rev (3m)-1.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.95 | ||
| Fwd PE | 21.62 | ||
| P/S | 2.03 | ||
| P/FCF | 26.73 | ||
| P/OCF | 17.14 | ||
| P/B | 4.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.47 |
EPS(TTM)0.82
EY3.85%
EPS(NY)0.98
Fwd EY4.63%
FCF(TTM)0.8
FCFY3.74%
OCF(TTM)1.24
OCFY5.83%
SpS10.49
BVpS4.31
TBVpS-1.83
PEG (NY)2.07
PEG (5Y)3.2
Graham Number8.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 17.56% | ||
| ROCE | 9.53% | ||
| ROIC | 8.14% | ||
| ROICexc | 9.2% | ||
| ROICexgc | 30.32% | ||
| OM | 9.05% | ||
| PM (TTM) | 7.21% | ||
| GM | 62.97% | ||
| FCFM | 7.59% |
ROA(3y)5.33%
ROA(5y)5.43%
ROE(3y)16.2%
ROE(5y)20.05%
ROIC(3y)8.62%
ROIC(5y)8.6%
ROICexc(3y)10.37%
ROICexc(5y)10.33%
ROICexgc(3y)36.39%
ROICexgc(5y)39.39%
ROCE(3y)10.09%
ROCE(5y)10.07%
ROICexgc growth 3Y-7.69%
ROICexgc growth 5Y-4.95%
ROICexc growth 3Y-3.67%
ROICexc growth 5Y-3.08%
OM growth 3Y-1.32%
OM growth 5Y-0.72%
PM growth 3Y-6.19%
PM growth 5Y-1.61%
GM growth 3Y0.6%
GM growth 5Y0.2%
F-Score5
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 5.2 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 99.06% | ||
| Cap/Sales | 4.24% | ||
| Interest Coverage | 4.22 | ||
| Cash Conversion | 88.72% | ||
| Profit Quality | 105.16% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 2.64 |
F-Score5
WACC9.28%
ROIC/WACC0.88
Cap/Depr(3y)105.99%
Cap/Depr(5y)90.56%
Cap/Sales(3y)3.94%
Cap/Sales(5y)3.33%
Profit Quality(3y)142.34%
Profit Quality(5y)118.6%
High Growth Momentum
Growth
EPS 1Y (TTM)10.76%
EPS 3Y12.56%
EPS 5Y8.1%
EPS Q2Q%10.97%
EPS Next Y12.53%
EPS Next 2Y12.5%
EPS Next 3Y12.27%
EPS Next 5Y13.17%
Revenue 1Y (TTM)11.6%
Revenue growth 3Y10.46%
Revenue growth 5Y7.53%
Sales Q2Q%9.12%
Revenue Next Year8.62%
Revenue Next 2Y7.81%
Revenue Next 3Y7.47%
Revenue Next 5Y6.07%
EBIT growth 1Y4.73%
EBIT growth 3Y9.01%
EBIT growth 5Y6.75%
EBIT Next Year42.03%
EBIT Next 3Y18.4%
EBIT Next 5Y15.53%
FCF growth 1Y-29.76%
FCF growth 3Y11.64%
FCF growth 5Y19.64%
OCF growth 1Y-15.35%
OCF growth 3Y17.06%
OCF growth 5Y19.7%
BAE SYSTEMS PLC / BSP.DE FAQ
Can you provide the ChartMill fundamental rating for BAE SYSTEMS PLC?
ChartMill assigns a fundamental rating of 5 / 10 to BSP.DE.
What is the valuation status for BSP stock?
ChartMill assigns a valuation rating of 5 / 10 to BAE SYSTEMS PLC (BSP.DE). This can be considered as Fairly Valued.
How profitable is BAE SYSTEMS PLC (BSP.DE) stock?
BAE SYSTEMS PLC (BSP.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of BAE SYSTEMS PLC (BSP.DE) stock?
The Price/Earnings (PE) ratio for BAE SYSTEMS PLC (BSP.DE) is 25.95 and the Price/Book (PB) ratio is 4.94.
Can you provide the financial health for BSP stock?
The financial health rating of BAE SYSTEMS PLC (BSP.DE) is 4 / 10.