(AM) Dassault Aviation - Ratings and Ratios
Military Aircraft, Business Jets, Space
Description: AM Dassault Aviation
Dassault Aviation SA is a leading manufacturer of military aircraft, business jets, and space systems, operating globally with a significant presence in France and the United States. The companys product portfolio includes the Rafale combat aircraft and Falcon business jets, catering to both military and civil customers. With a substantial fleet of 2,100 Falcon jets and 1,000 military aircraft, Dassault Aviation also provides a range of services, including aviation maintenance, repair, and overhaul services, as well as leasing and managing Falcon aircraft.
From a financial perspective, Dassault Aviations market capitalization stands at approximately €23.7 billion, with a forward P/E ratio of 22.57, indicating a relatively stable valuation. The companys return on equity (RoE) is 27.24%, suggesting a strong ability to generate profits from shareholder equity. Additionally, Dassault Aviations revenue diversification across military and civil customers, as well as its range of services, contributes to its financial stability.
Key performance indicators (KPIs) such as revenue growth, order backlog, and delivery rates are crucial in evaluating Dassault Aviations operational performance. The companys ability to maintain a strong order backlog and deliver aircraft on schedule is essential in driving revenue growth and maintaining profitability. Furthermore, Dassault Aviations research and development (R&D) investments, particularly in advanced technologies such as stealth and aeronautical engineering, are vital in maintaining its competitive edge in the aerospace and defense industry.
In terms of industry trends, the global demand for military aircraft and business jets is expected to remain strong, driven by increasing defense budgets and the growing need for efficient and reliable air travel. Dassault Aviations position as a leading manufacturer in this market, combined with its diversified product portfolio and service offerings, positions the company for long-term success. As a Trading Analyst, it is essential to closely monitor Dassault Aviations financial performance, operational KPIs, and industry trends to identify potential investment opportunities.
AM Stock Overview
| Market Cap in USD | 26,415m |
| Sub-Industry | Aerospace & Defense |
| IPO / Inception |
AM Stock Ratings
| Growth Rating | 88.3% |
| Fundamental | 73.4% |
| Dividend Rating | 67.2% |
| Return 12m vs S&P 500 | 30.2% |
| Analyst Rating | - |
AM Dividends
| Dividend Yield 12m | 1.69% |
| Yield on Cost 5y | 6.81% |
| Annual Growth 5y | 28.66% |
| Payout Consistency | 88.2% |
| Payout Ratio | 47.2% |
AM Growth Ratios
| Growth Correlation 3m | 26.2% |
| Growth Correlation 12m | 64.4% |
| Growth Correlation 5y | 96.7% |
| CAGR 5y | 25.98% |
| CAGR/Max DD 3y (Calmar Ratio) | 1.18 |
| CAGR/Mean DD 3y (Pain Ratio) | 4.33 |
| Sharpe Ratio 12m | 1.31 |
| Alpha | 43.76 |
| Beta | 0.570 |
| Volatility | 27.43% |
| Current Volume | 45.3k |
| Average Volume 20d | 46.4k |
| Stop Loss | 277 (-3%) |
| Signal | -0.55 |
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (1.59b TTM) > 0 and > 6% of Revenue (6% = 700.8m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 0.82pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.98% (prev 25.92%; Δ -14.94pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 3.92b > Net Income 1.59b (YES >=105%, WARN >=100%) |
| Net Debt (-2.13b) to EBITDA (1.19b) ratio: -1.79 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.05 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (78.2m) change vs 12m ago -4.92% (target <= -2.0% for YES) |
| Gross Margin 40.43% (prev 4.76%; Δ 35.67pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 42.80% (prev 27.34%; Δ 15.46pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 19.75 (EBITDA TTM 1.19b / Interest Expense TTM 43.7m) >= 6 (WARN >= 3) |
Altman Z'' 1.07
| (A) 0.04 = (Total Current Assets 27.05b - Total Current Liabilities 25.77b) / Total Assets 32.13b |
| (B) 0.18 = Retained Earnings (Balance) 5.91b / Total Assets 32.13b |
| (C) 0.03 = EBIT TTM 863.1m / Avg Total Assets 27.29b |
| (D) -0.00 = Book Value of Equity -45.0m / Total Liabilities 25.94b |
| Total Rating: 1.07 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.38
| 1. Piotroski 8.0pt = 3.0 |
| 2. FCF Yield 15.80% = 5.0 |
| 3. FCF Margin 28.29% = 7.07 |
| 4. Debt/Equity 0.01 = 2.50 |
| 5. Debt/Ebitda 0.04 = 2.50 |
| 6. ROIC - WACC (= 3.67)% = 4.59 |
| 7. RoE 26.31% = 2.19 |
| 8. Rev. Trend -47.57% = -3.57 |
| 9. EPS Trend 1.99% = 0.10 |
What is the price of AM shares?
Over the past week, the price has changed by -0.07%, over one month by +5.31%, over three months by -2.99% and over the past year by +54.76%.
Is Dassault Aviation a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AM is around 333.13 EUR . This means that AM is currently undervalued and has a potential upside of +16.64% (Margin of Safety).
Is AM a buy, sell or hold?
What are the forecasts/targets for the AM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 324.1 | 13.5% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 370.2 | 29.6% |
AM Fundamental Data Overview
Market Cap EUR = 22.56b (22.56b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 1.69b EUR (last quarter)
P/E Trailing = 28.989
P/E Forward = 17.1821
P/S = 3.3526
P/B = 3.6264
P/EG = 1.3137
Beta = 0.57
Revenue TTM = 11.68b EUR
EBIT TTM = 863.1m EUR
EBITDA TTM = 1.19b EUR
Long Term Debt = 16.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 31.1m EUR (from shortTermDebt, last quarter)
Debt = 47.9m EUR (Calculated: Short Term 31.1m + Long Term 16.7m)
Net Debt = -2.13b EUR (from netDebt column, last quarter)
Enterprise Value = 20.91b EUR (22.56b + Debt 47.9m - CCE 1.69b)
Interest Coverage Ratio = 19.75 (Ebit TTM 863.1m / Interest Expense TTM 43.7m)
FCF Yield = 15.80% (FCF TTM 3.30b / Enterprise Value 20.91b)
FCF Margin = 28.29% (FCF TTM 3.30b / Revenue TTM 11.68b)
Net Margin = 13.61% (Net Income TTM 1.59b / Revenue TTM 11.68b)
Gross Margin = 40.43% ((Revenue TTM 11.68b - Cost of Revenue TTM 6.96b) / Revenue TTM)
Tobins Q-Ratio = -464.4 (set to none) (Enterprise Value 20.91b / Book Value Of Equity -45.0m)
Interest Expense / Debt = 8.31% (Interest Expense 3.98m / Debt 47.9m)
Taxrate = 16.77% (186.1m / 1.11b)
NOPAT = 718.4m (EBIT 863.1m * (1 - 16.77%))
Current Ratio = 1.05 (Total Current Assets 27.05b / Total Current Liabilities 25.77b)
Debt / Equity = 0.01 (Debt 47.9m / last Quarter total Stockholder Equity 6.19b)
Debt / EBITDA = 0.04 (Net Debt -2.13b / EBITDA 1.19b)
Debt / FCF = 0.01 (Debt 47.9m / FCF TTM 3.30b)
Total Stockholder Equity = 6.04b (last 4 quarters mean)
RoA = 4.95% (Net Income 1.59b, Total Assets 32.13b )
RoE = 26.31% (Net Income TTM 1.59b / Total Stockholder Equity 6.04b)
RoCE = 14.24% (Ebit 863.1m / (Equity 6.04b + L.T.Debt 16.7m))
RoIC = 11.79% (NOPAT 718.4m / Invested Capital 6.10b)
WACC = 8.12% (E(22.56b)/V(22.60b) * Re(8.12%)) + (D(47.9m)/V(22.60b) * Rd(8.31%) * (1-Tc(0.17)))
Shares Correlation 3-Years: -100.0 | Cagr: -0.83%
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 70.14% ; FCFE base≈2.83b ; Y1≈1.86b ; Y5≈850.6m
Fair Price DCF = 212.0 (DCF Value 16.51b / Shares Outstanding 77.9m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 1.99 | EPS CAGR: -58.19% | SUE: 0.0 | # QB: 0
Revenue Correlation: -47.57 | Revenue CAGR: -17.88% | SUE: 0.16 | # QB: 0