GENERAL DYNAMICS CORP (GDX.DE) Stock Fundamental Analysis
FRA:GDX - Deutsche Boerse Ag - US3695501086 - Common Stock - Currency: EUR
Taking everything into account, GDX scores 6 out of 10 in our fundamental rating. GDX was compared to 39 industry peers in the Aerospace & Defense industry. GDX has only an average score on both its financial health and profitability. GDX is not valued too expensively and it also shows a decent growth rate. Finally GDX also has an excellent dividend rating. This makes GDX very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
GDX had positive earnings in the past year.
GDX had a positive operating cash flow in the past year.
In the past 5 years GDX has always been profitable.
Each year in the past 5 years GDX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of GDX (7.03%) is better than 87.18% of its industry peers.
Looking at the Return On Equity, with a value of 17.89%, GDX is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
With a decent Return On Invested Capital value of 11.07%, GDX is doing good in the industry, outperforming 76.92% of the companies in the same industry.
GDX had an Average Return On Invested Capital over the past 3 years of 9.79%. This is in line with the industry average of 9.22%.
The last Return On Invested Capital (11.07%) for GDX is above the 3 year average (9.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.89% | ||
| ROIC | 11.07% |
ROA(3y)6.46%
ROA(5y)6.41%
ROE(3y)16.99%
ROE(5y)17.93%
ROIC(3y)9.79%
ROIC(5y)9.74%
1.3 Margins
GDX has a Profit Margin of 8.08%. This is amongst the best in the industry. GDX outperforms 82.05% of its industry peers.
GDX's Profit Margin has declined in the last couple of years.
GDX's Operating Margin of 10.22% is fine compared to the rest of the industry. GDX outperforms 66.67% of its industry peers.
GDX's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 15.43%, GDX is doing worse than 74.36% of the companies in the same industry.
In the last couple of years the Gross Margin of GDX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.22% | ||
| PM (TTM) | 8.08% | ||
| GM | 15.43% |
OM growth 3Y-2.43%
OM growth 5Y-3.18%
PM growth 3Y-2.17%
PM growth 5Y-2.19%
GM growth 3Y-2.51%
GM growth 5Y-2.96%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GDX is creating some value.
The number of shares outstanding for GDX has been reduced compared to 1 year ago.
Compared to 5 years ago, GDX has less shares outstanding
Compared to 1 year ago, GDX has an improved debt to assets ratio.
2.2 Solvency
GDX has an Altman-Z score of 3.61. This indicates that GDX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.61, GDX is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
The Debt to FCF ratio of GDX is 2.88, which is a good value as it means it would take GDX, 2.88 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.88, GDX is in the better half of the industry, outperforming 71.79% of the companies in the same industry.
A Debt/Equity ratio of 0.33 indicates that GDX is not too dependend on debt financing.
GDX has a Debt to Equity ratio of 0.33. This is in the better half of the industry: GDX outperforms 74.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.88 | ||
| Altman-Z | 3.61 |
ROIC/WACC1.14
WACC9.72%
2.3 Liquidity
GDX has a Current Ratio of 1.34. This is a normal value and indicates that GDX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of GDX (1.34) is better than 71.79% of its industry peers.
GDX has a Quick Ratio of 1.34. This is a bad value and indicates that GDX is not financially healthy enough and could expect problems in meeting its short term obligations.
GDX has a Quick ratio (0.82) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
GDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.62%, which is quite good.
Measured over the past 5 years, GDX shows a small growth in Earnings Per Share. The EPS has been growing by 2.63% on average per year.
The Revenue has grown by 14.11% in the past year. This is quite good.
The Revenue has been growing slightly by 3.93% on average over the past years.
EPS 1Y (TTM)17.62%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%27.08%
Revenue 1Y (TTM)14.11%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%13.9%
3.2 Future
GDX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.73% yearly.
Based on estimates for the next years, GDX will show a small growth in Revenue. The Revenue will grow by 4.31% on average per year.
EPS Next Y12.07%
EPS Next 2Y12.48%
EPS Next 3Y11.22%
EPS Next 5Y9.73%
Revenue Next Year6.67%
Revenue Next 2Y5.47%
Revenue Next 3Y4.46%
Revenue Next 5Y4.31%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.20, the valuation of GDX can be described as rather expensive.
GDX's Price/Earnings ratio is rather cheap when compared to the industry. GDX is cheaper than 89.74% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.21. GDX is valued slightly cheaper when compared to this.
GDX is valuated correctly with a Price/Forward Earnings ratio of 16.05.
Based on the Price/Forward Earnings ratio, GDX is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
GDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.2 | ||
| Fwd PE | 16.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDX is valued a bit cheaper than the industry average as 79.49% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GDX indicates a rather cheap valuation: GDX is cheaper than 82.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.28 | ||
| EV/EBITDA | 13.66 |
4.3 Compensation for Growth
GDX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of GDX may justify a higher PE ratio.
PEG (NY)1.59
PEG (5Y)7.3
EPS Next 2Y12.48%
EPS Next 3Y11.22%
5. Dividend
5.1 Amount
GDX has a Yearly Dividend Yield of 2.21%.
Compared to an average industry Dividend Yield of 1.27, GDX pays a better dividend. On top of this GDX pays more dividend than 94.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, GDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
5.2 History
On average, the dividend of GDX grows each year by 7.16%, which is quite nice.
Dividend Growth(5Y)7.16%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
39.00% of the earnings are spent on dividend by GDX. This is a low number and sustainable payout ratio.
GDX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39%
EPS Next 2Y12.48%
EPS Next 3Y11.22%
FRA:GDX (5/12/2025, 3:06:11 PM)
246.15
+5.8 (+2.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners76.76%
Inst Owner ChangeN/A
Ins Owners0.25%
Ins Owner ChangeN/A
Market Cap66.07B
Analysts73.94
Price Target263.8 (7.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
Yearly Dividend5
Dividend Growth(5Y)7.16%
DP39%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.43%
Min EPS beat(2)-0.53%
Max EPS beat(2)1.4%
EPS beat(4)1
Avg EPS beat(4)-2.16%
Min EPS beat(4)-6.39%
Max EPS beat(4)1.4%
EPS beat(8)3
Avg EPS beat(8)-1.71%
EPS beat(12)4
Avg EPS beat(12)-1.53%
EPS beat(16)6
Avg EPS beat(16)-1.25%
Revenue beat(2)1
Avg Revenue beat(2)0.22%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)1.41%
Revenue beat(4)2
Avg Revenue beat(4)-0.14%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)1.65%
Revenue beat(8)5
Avg Revenue beat(8)0.8%
Revenue beat(12)6
Avg Revenue beat(12)0.01%
Revenue beat(16)7
Avg Revenue beat(16)-0.9%
PT rev (1m)-3.23%
PT rev (3m)-10.22%
EPS NQ rev (1m)1.63%
EPS NQ rev (3m)1.36%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-6.52%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)0.66%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.2 | ||
| Fwd PE | 16.05 | ||
| P/S | 1.51 | ||
| P/FCF | 22.28 | ||
| P/OCF | 17.55 | ||
| P/B | 3.34 | ||
| P/tB | 530.99 | ||
| EV/EBITDA | 13.66 |
EPS(TTM)12.82
EY5.21%
EPS(NY)15.34
Fwd EY6.23%
FCF(TTM)11.05
FCFY4.49%
OCF(TTM)14.02
OCFY5.7%
SpS162.94
BVpS73.59
TBVpS0.46
PEG (NY)1.59
PEG (5Y)7.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.89% | ||
| ROCE | 13.29% | ||
| ROIC | 11.07% | ||
| ROICexc | 11.44% | ||
| ROICexgc | 28.88% | ||
| OM | 10.22% | ||
| PM (TTM) | 8.08% | ||
| GM | 15.43% | ||
| FCFM | 6.78% |
ROA(3y)6.46%
ROA(5y)6.41%
ROE(3y)16.99%
ROE(5y)17.93%
ROIC(3y)9.79%
ROIC(5y)9.74%
ROICexc(3y)10.23%
ROICexc(5y)10.26%
ROICexgc(3y)26.7%
ROICexgc(5y)28.25%
ROCE(3y)11.76%
ROCE(5y)11.7%
ROICexcg growth 3Y0.05%
ROICexcg growth 5Y-6.95%
ROICexc growth 3Y3.01%
ROICexc growth 5Y-2.13%
OM growth 3Y-2.43%
OM growth 5Y-3.18%
PM growth 3Y-2.17%
PM growth 5Y-2.19%
GM growth 3Y-2.51%
GM growth 5Y-2.96%
F-Score7
Asset Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.88 | ||
| Debt/EBITDA | 1.23 | ||
| Cap/Depr | 100.11% | ||
| Cap/Sales | 1.83% | ||
| Interest Coverage | 12.54 | ||
| Cash Conversion | 71.46% | ||
| Profit Quality | 83.88% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 3.61 |
F-Score7
WACC9.72%
ROIC/WACC1.14
Cap/Depr(3y)111.39%
Cap/Depr(5y)108.79%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.35%
Profit Quality(3y)100.61%
Profit Quality(5y)98.91%
High Growth Momentum
Growth
EPS 1Y (TTM)17.62%
EPS 3Y5.7%
EPS 5Y2.63%
EPS Q2Q%27.08%
EPS Next Y12.07%
EPS Next 2Y12.48%
EPS Next 3Y11.22%
EPS Next 5Y9.73%
Revenue 1Y (TTM)14.11%
Revenue growth 3Y7.44%
Revenue growth 5Y3.93%
Sales Q2Q%13.9%
Revenue Next Year6.67%
Revenue Next 2Y5.47%
Revenue Next 3Y4.46%
Revenue Next 5Y4.31%
EBIT growth 1Y15.77%
EBIT growth 3Y4.83%
EBIT growth 5Y0.63%
EBIT Next Year26.98%
EBIT Next 3Y13.38%
EBIT Next 5Y10.29%
FCF growth 1Y12.78%
FCF growth 3Y-1.75%
FCF growth 5Y10.42%
OCF growth 1Y3.49%
OCF growth 3Y-1.15%
OCF growth 5Y6.98%