Company Valuation: BAE Systems plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,381 26,285 33,599 34,267 51,026 54,605 - -
Change - 51.22% 27.83% 1.99% 48.91% 7.01% - -
Enterprise Value (EV) 1 19,541 28,308 36,063 41,142 56,639 59,388 58,773 57,865
Change - 44.86% 27.4% 14.08% 37.67% 4.85% -1.03% -1.55%
P/E 10.1x 17x 18.4x 17.9x 25.2x 25x 21.6x 19x
PBR 2.36x 2.35x 3.21x 2.98x 4.36x 4.64x 4.31x 3.99x
PEG - -2.21x 0.9x 2.92x 4.14x 1.8x 1.4x 1.4x
Capitalization / Revenue 0.82x 1.13x 1.33x 1.21x 1.66x 1.64x 1.51x 1.39x
EV / Revenue 0.92x 1.22x 1.43x 1.45x 1.85x 1.79x 1.62x 1.48x
EV / EBITDA 6.68x 8.72x 10.4x 10x 12.6x 12.5x 11.3x 10.2x
EV / EBIT 8.86x 11.4x 13.4x 13.6x 17x 16.1x 14.3x 12.9x
EV / FCF 10.5x 13.2x 13.9x 16.4x 26.2x 25.3x 22.5x 19.5x
FCF Yield 9.54% 7.58% 7.19% 6.09% 3.81% 3.96% 4.45% 5.13%
Dividend per Share 2 0.251 0.27 0.3 0.33 0.363 0.3979 0.4489 0.5026
Rate of return 4.57% 3.15% 2.7% 2.87% 2.12% 2.06% 2.32% 2.6%
EPS 2 0.547 0.505 0.604 0.641 0.68 0.7738 0.8969 1.016
Distribution rate 45.9% 53.5% 49.7% 51.5% 53.4% 51.4% 50.1% 49.5%
Net sales 1 21,310 23,256 25,284 28,335 30,662 33,221 36,227 39,176
EBITDA 1 2,925 3,246 3,469 4,112 4,495 4,756 5,201 5,646
EBIT 1 2,205 2,479 2,682 3,015 3,322 3,682 4,097 4,503
Net income 1 1,758 1,591 1,857 1,956 2,062 2,272 2,599 2,903
Net Debt 1 2,160 2,023 2,464 6,875 5,613 4,783 4,168 3,260
Reference price 2 5.50 8.56 11.10 11.48 17.14 19.33 19.33 19.33
Nbr of stocks (in thousands) 31,61,416 30,70,678 30,25,615 29,83,629 29,77,003 28,28,530 - -
Announcement Date 24/02/22 23/02/23 21/02/24 19/02/25 18/02/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.98x1.79x12.5x2.06% 7.32TCr
33.92x6.22x25.57x0.61% 31TCr
30.66x2.94x17.12x1.51% 26TCr
26.79x1.79x13.25x1.71% 18TCr
-522.33x1.79x41.1x-.--% 15TCr
30.98x4.53x18.95x1.1% 15TCr
31.45x3.44x15.6x1.31% 15TCr
18.13x1.75x12.51x2.54% 13TCr
20.28x1.72x14.06x1.84% 9.31TCr
37.78x8.55x26.51x0.25% 8.3TCr
Average -26.74x 3.45x 19.72x 1.29% 15.63TCr
Weighted average by Cap. -24.34x 3.61x 20.42x 1.22%

Y-o-Y evolution of P/E

Valuation ratios - P/E - BAE Systems plc

Historical PBR trend

Valuation ratios - PBR - BAE Systems plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - BAE Systems plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - BAE Systems plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - BAE Systems plc
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