Stock BSPA BAE SYSTEMS PLC
Add to a list
To use this feature you must be a member
Log inSign up

Financials BAE Systems plc Deutsche Boerse AG

Equities

BSPA

US05523R1077

Aerospace & Defense

Market Closed - Deutsche Boerse AG
Other stock markets
 01:08:20 22/06/2024 am IST 		5-day change 1st Jan Change
62 EUR -3.12% Intraday chart for BAE Systems plc -6.06% +20.39%
21/06 JPMorgan Lifts BAE Systems PT, Keeps at Overweight MT
21/06 BAE Systems: new collaboration with GlobalFoundries CF

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,092 15,718 17,381 26,285 33,599 40,267 - -
Enterprise Value (EV) 1 19,808 19,441 19,541 28,308 36,063 46,954 46,751 46,094
P/E ratio 12.3 x 12.1 x 10.1 x 17 x 18.4 x 21 x 18.6 x 16.9 x
Yield 4.11% 4.85% 4.57% 3.15% 2.7% 2.41% 2.63% 2.86%
Capitalization / Revenue 0.9 x 0.75 x 0.82 x 1.13 x 1.33 x 1.43 x 1.33 x 1.26 x
EV / Revenue 0.99 x 0.93 x 0.92 x 1.22 x 1.43 x 1.67 x 1.55 x 1.44 x
EV / EBITDA 7.13 x 6.93 x 6.68 x 8.72 x 10.4 x 12.6 x 11.5 x 10.6 x
EV / FCF 17.3 x 24.9 x 10.5 x 13.2 x 13.9 x 32.9 x 26.3 x 22.9 x
FCF Yield 5.8% 4.02% 9.54% 7.58% 7.19% 3.04% 3.8% 4.37%
Price to Book 3.32 x 3.52 x 2.36 x 2.35 x 3.21 x 3.58 x 3.34 x 2.95 x
Nbr of stocks (in thousands) 32,03,329 32,15,557 31,61,416 30,70,678 30,25,615 30,07,267 - -
Reference price 2 5.648 4.888 5.498 8.560 11.10 13.39 13.39 13.39
Announcement Date 20/02/20 25/02/21 24/02/22 23/02/23 21/02/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,109 20,862 21,310 23,256 25,284 28,114 30,232 32,050
EBITDA 1 2,777 2,807 2,925 3,246 3,469 3,730 4,062 4,331
EBIT 1 2,117 2,132 2,205 2,479 2,682 3,029 3,336 3,584
Operating Margin 10.53% 10.22% 10.35% 10.66% 10.61% 10.77% 11.04% 11.18%
Earnings before Tax (EBT) 1 1,626 1,596 2,110 1,989 2,326 2,343 2,195 2,312
Net income 1 1,476 1,299 1,758 1,591 1,857 1,939 2,146 2,346
Net margin 7.34% 6.23% 8.25% 6.84% 7.34% 6.9% 7.1% 7.32%
EPS 2 0.4610 0.4050 0.5470 0.5050 0.6040 0.6382 0.7202 0.7932
Free Cash Flow 1 1,148 781 1,864 2,146 2,593 1,425 1,779 2,012
FCF margin 5.71% 3.74% 8.75% 9.23% 10.26% 5.07% 5.88% 6.28%
FCF Conversion (EBITDA) 41.34% 27.82% 63.73% 66.11% 74.75% 38.22% 43.79% 46.47%
FCF Conversion (Net income) 77.78% 60.12% 106.03% 134.88% 139.63% 73.5% 82.88% 85.78%
Dividend per Share 2 0.2320 0.2370 0.2510 0.2700 0.3000 0.3223 0.3517 0.3835
Announcement Date 20/02/20 25/02/21 24/02/22 23/02/23 21/02/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 10,693 9,871 10,991 10,035 11,275 10,581 12,675 12,018 13,266 13,337 14,884
EBITDA 1 - 1,158 - - - - - 1,644 1,825 1,696 2,028
EBIT 1 1,118 895 1,237 1,028 1,177 1,112 1,367 1,258 1,424 1,356 1,663
Operating Margin 10.46% 9.07% 11.25% 10.24% 10.44% 10.51% 10.79% 10.47% 10.73% 10.17% 11.17%
Earnings before Tax (EBT) 850 689 907 1,151 959 779 - - - - -
Net income 681 532 767 1,000 758 615 - - - - -
Net margin 6.37% 5.39% 6.98% 9.97% 6.72% 5.81% - - - - -
EPS 2 - - - 0.2480 0.2990 0.1940 - 0.3140 0.2900 0.2627 0.3432
Dividend per Share 0.1380 0.0940 0.1430 0.0990 0.1520 0.1040 - 0.1150 - - -
Announcement Date 20/02/20 30/07/20 25/02/21 29/07/21 24/02/22 28/07/22 23/02/23 02/08/23 21/02/24 - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,716 3,723 2,160 2,023 2,464 6,687 6,484 5,826
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.6179 x 1.326 x 0.7385 x 0.6232 x 0.7103 x 1.793 x 1.596 x 1.345 x
Free Cash Flow 1 1,148 781 1,864 2,146 2,593 1,425 1,779 2,012
ROE (net income / shareholders' equity) 27% 26.3% 29.1% 18.5% 17.6% 18.5% 19% 18.5%
ROA (Net income/ Total Assets) 5.86% 4.89% 6.43% 5.9% 6.03% 6.14% 6.03% 6.33%
Assets 1 25,188 26,580 27,333 26,976 30,785 31,598 35,621 37,069
Book Value Per Share 2 1.700 1.390 2.330 3.640 3.460 3.740 4.010 4.550
Cash Flow per Share 2 0.5000 0.3600 0.7600 0.9000 1.220 0.7400 0.9000 0.9500
Capex 1 350 385 366 599 789 931 966 962
Capex / Sales 1.74% 1.85% 1.72% 2.58% 3.12% 3.31% 3.19% 3%
Announcement Date 20/02/20 25/02/21 24/02/22 23/02/23 21/02/24 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for BAE Systems plc

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
13.39 GBP
Average target price
14.16 GBP
Spread / Average Target
+5.78%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Aerospace & Defense

1st Jan change Capi.
RTX CORPORATION Stock RTX Corporation
+25.52% 140B
GENERAL DYNAMICS CORPORATION Stock General Dynamics Corporation
+14.86% 81.7B
NORTHROP GRUMMAN CORPORATION Stock Northrop Grumman Corporation
-7.70% 63.94B
ROLLS-ROYCE HOLDINGS PLC Stock Rolls-Royce Holdings plc
+57.89% 49.97B
L3HARRIS TECHNOLOGIES, INC. Stock L3Harris Technologies, Inc.
+7.07% 42.77B
HINDUSTAN AERONAUTICS LIMITED Stock Hindustan Aeronautics Limited
+84.40% 41.37B
BHARAT ELECTRONICS LIMITED Stock Bharat Electronics Limited
+65.67% 26.67B
RHEINMETALL AG Stock Rheinmetall AG
+71.08% 22.78B
AXON ENTERPRISE, INC. Stock Axon Enterprise, Inc.
+12.70% 21.97B
Other Aerospace & Defense
  1. Stock Market
  2. Equities
  3. BA. Stock
  4. BSPA Stock
  5. Financials BAE Systems plc