(BSP) BAE Systems - Ratings and Ratios
Combat Jets, Naval Ships, Submarines, Tanks, Cyber
Description: BSP BAE Systems
BAE Systems plc is a multinational defense, aerospace, and security company operating globally, with a presence in the US, UK, Middle East, Australia, Japan, and Europe. The company is organized into five business segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence, offering a diverse range of products and services, including electronic warfare systems, combat vehicles, naval ship repair, and cybersecurity solutions.
From a strategic perspective, BAE Systems diversified portfolio and global footprint provide a strong foundation for growth. Key Performance Indicators (KPIs) to monitor include revenue growth, order intake, and order backlog, which can indicate the companys ability to secure new contracts and execute on existing ones. Additionally, the companys research and development (R&D) expenditure as a percentage of revenue can provide insight into its commitment to innovation and staying ahead of the competition.
BAE Systems financial performance is characterized by a market capitalization of approximately 63.9 billion EUR, with a price-to-earnings (P/E) ratio of 29.41 and a forward P/E of 46.08, indicating a relatively high valuation. The companys return on equity (RoE) of 34.62% suggests strong profitability. Other key metrics to consider include the companys debt-to-equity ratio, interest coverage ratio, and cash flow generation, which can provide insight into its financial health and ability to invest in growth initiatives.
From an operational perspective, BAE Systems business segments offer varying growth prospects. The Electronic Systems and Cyber & Intelligence segments are likely to benefit from increasing demand for advanced electronic warfare and cybersecurity solutions. The Air and Maritime segments may be driven by demand for next-generation combat aircraft and naval vessels. The Platforms & Services segments exposure to land-based combat vehicles and munitions may be influenced by government defense budgets and geopolitical tensions.
BSP Stock Overview
| Market Cap in USD | 70,287m |
| Sub-Industry | Aerospace & Defense |
| IPO / Inception |
BSP Stock Ratings
| Growth Rating | 92.5 |
| Fundamental | 85.5% |
| Dividend Rating | 53.0 |
| Rel. Strength | -8.82 |
| Analysts | - |
| Fair Price Momentum | 20.74 EUR |
| Fair Price DCF | 5.82 EUR |
BSP Dividends
| Dividend Yield 12m | 2.41% |
| Yield on Cost 5y | 8.76% |
| Annual Growth 5y | -1.71% |
| Payout Consistency | 95.3% |
| Payout Ratio | 50.7% |
BSP Growth Ratios
| Growth Correlation 3m | -82.6% |
| Growth Correlation 12m | 76.1% |
| Growth Correlation 5y | 98.4% |
| CAGR 5y | 31.80% |
| CAGR/Max DD 5y | 1.34 |
| Sharpe Ratio 12m | 0.22 |
| Alpha | 25.50 |
| Beta | 0.497 |
| Volatility | 28.35% |
| Current Volume | 231k |
| Average Volume 20d | 200.1k |
| Stop Loss | 19.8 (-3.4%) |
| Signal | -1.12 |
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (3.81b TTM) > 0 and > 6% of Revenue (6% = 2.96b TTM) |
| FCFTA 0.15 (>2.0%) and ΔFCFTA 7.95pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1.19% (prev 0.01%; Δ -1.20pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.20 (>3.0%) and CFO 7.68b > Net Income 3.81b (YES >=105%, WARN >=100%) |
| Net Debt (6.78b) to EBITDA (6.79b) ratio: 1.00 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.95 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (3.05b) change vs 12m ago NaN% (target <= -2.0% for YES) |
| Gross Margin 57.57% (prev 50.90%; Δ 6.67pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 140.7% (prev 66.30%; Δ 74.40pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 9.46 (EBITDA TTM 6.79b / Interest Expense TTM 555.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.39
| (A) -0.02 = (Total Current Assets 11.75b - Total Current Liabilities 12.34b) / Total Assets 38.14b |
| (B) 0.10 = Retained Earnings (Balance) 3.84b / Total Assets 38.14b |
| (C) 0.15 = EBIT TTM 5.25b / Avg Total Assets 35.10b |
| (D) 0.15 = Book Value of Equity 3.92b / Total Liabilities 26.36b |
| Total Rating: 1.39 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 85.52
| 1. Piotroski 8.0pt = 3.0 |
| 2. FCF Yield 10.02% = 5.0 |
| 3. FCF Margin 11.53% = 2.88 |
| 4. Debt/Equity 0.73 = 2.24 |
| 5. Debt/Ebitda 1.25 = 1.39 |
| 6. ROIC - WACC 18.14% = 12.50 |
| 7. RoE 34.62% = 2.50 |
| 8. Revenue Trend data missing |
| 9. Rev. CAGR 14.00% = 1.75 |
| 10. EPS Trend 70.18% = 1.75 |
| 11. EPS CAGR 31.69% = 2.50 |
What is the price of BSP shares?
Over the past week, the price has changed by +2.63%, over one month by -5.66%, over three months by -2.33% and over the past year by +31.40%.
Is BAE Systems a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BSP is around 20.74 EUR . This means that BSP is currently overvalued and has a potential downside of 1.17%.
Is BSP a buy, sell or hold?
What are the forecasts/targets for the BSP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 22.9 | 11.9% |
BSP Fundamental Data Overview
Market Cap GBP = 51.71b (60.01b EUR * 0.8618 EUR.GBP)
CCE Cash And Equivalents = 3.38b GBP (Cash And Short Term Investments, last quarter)
P/E Trailing = 26.9737
P/E Forward = 22.2222
P/S = 2.1896
P/B = 4.7677
P/EG = 3.8416
Beta = 0.342
Revenue TTM = 49.39b GBP
EBIT TTM = 5.25b GBP
EBITDA TTM = 6.79b GBP
Long Term Debt = 7.71b GBP (from longTermDebt, last quarter)
Short Term Debt = 782.0m GBP (from shortTermDebt, last quarter)
Debt = 8.49b GBP (Calculated: Short Term 782.0m + Long Term 7.71b)
Net Debt = 6.78b GBP (from netDebt column, last quarter)
Enterprise Value = 56.83b GBP (51.71b + Debt 8.49b - CCE 3.38b)
Interest Coverage Ratio = 9.46 (Ebit TTM 5.25b / Interest Expense TTM 555.0m)
FCF Yield = 10.02% (FCF TTM 5.70b / Enterprise Value 56.83b)
FCF Margin = 11.53% (FCF TTM 5.70b / Revenue TTM 49.39b)
Net Margin = 7.72% (Net Income TTM 3.81b / Revenue TTM 49.39b)
Gross Margin = 57.57% ((Revenue TTM 49.39b - Cost of Revenue TTM 20.95b) / Revenue TTM)
Tobins Q-Ratio = 14.51 (Enterprise Value 56.83b / Book Value Of Equity 3.92b)
Interest Expense / Debt = 6.53% (Interest Expense 555.0m / Debt 8.49b)
Taxrate = 12.48% (from yearly Income Tax Expense: 291.0m / 2.33b)
NOPAT = 4.59b (EBIT 5.25b * (1 - 12.48%))
Current Ratio = 0.95 (Total Current Assets 11.75b / Total Current Liabilities 12.34b)
Debt / Equity = 0.73 (Debt 8.49b / last Quarter total Stockholder Equity 11.62b)
Debt / EBITDA = 1.25 (Net Debt 6.78b / EBITDA 6.79b)
Debt / FCF = 1.49 (Debt 8.49b / FCF TTM 5.70b)
Total Stockholder Equity = 11.01b (last 4 quarters mean)
RoA = 10.00% (Net Income 3.81b, Total Assets 38.14b )
RoE = 34.62% (Net Income TTM 3.81b / Total Stockholder Equity 11.01b)
RoCE = 28.03% (Ebit 5.25b / (Equity 11.01b + L.T.Debt 7.71b))
RoIC = 25.69% (NOPAT 4.59b / Invested Capital 17.88b)
WACC = 7.55% (E(51.71b)/V(60.21b) * Re(7.85%)) + (D(8.49b)/V(60.21b) * Rd(6.53%) * (1-Tc(0.12)))
Shares Correlation 5-Years: -100.0 | Cagr: -1.00%
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 66.71% ; FCFE base≈4.31b ; Y1≈2.43b ; Y5≈821.0m
Fair Price DCF = 5.82 (DCF Value 17.05b / Shares Outstanding 2.93b; 5y FCF grow -50.0% → 3.0% )
Revenue Correlation: N/A | Revenue CAGR: 14.00%
Revenue Growth Correlation: 36.38%
EPS Correlation: 70.18 | EPS CAGR: 31.69%
EPS Growth Correlation: 14.28%