DASSAULT AVIATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 203.8 EUR | +0.99% |
|
-0.68% | +13.73% |
| 26/04 | Dassault Aviation's Rafale Makes Croatian Air Force Debut | MT |
| 15/04 | European Midday Briefing : Investors Digest Iran Attack | DJ |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,726 | 7,459 | 7,902 | 13,163 | 14,159 | 16,105 | - | - |
| Enterprise Value (EV) 1 | 5,319 | 4,165 | 3,150 | 9,416 | 7,050 | 7,861 | 7,873 | 8,013 |
| P/E ratio | 13.7 x | 24.6 x | 13 x | 18.4 x | 20.9 x | 18.6 x | 14.5 x | 12.2 x |
| Yield | 2.17% | 1.37% | 2.62% | 1.9% | 1.88% | 1.8% | 2.17% | 2.57% |
| Capitalization / Revenue | 1.33 x | 1.36 x | 1.09 x | 1.9 x | 2.95 x | 2.65 x | 2.16 x | 1.76 x |
| EV / Revenue | 0.72 x | 0.76 x | 0.43 x | 1.36 x | 1.47 x | 1.29 x | 1.05 x | 0.88 x |
| EV / EBITDA | 5.86 x | 9.97 x | 4.64 x | 12.6 x | 13.5 x | 11.6 x | 8.74 x | 7.04 x |
| EV / FCF | -18.8 x | -4.02 x | 2.11 x | 1.91 x | -6.92 x | 5.86 x | 11.8 x | 13.4 x |
| FCF Yield | -5.32% | -24.9% | 47.3% | 52.4% | -14.4% | 17.1% | 8.48% | 7.44% |
| Price to Book | 2.2 x | 1.64 x | 1.5 x | 2.18 x | 2.47 x | 2.51 x | 2.26 x | 1.97 x |
| Nbr of stocks (in thousands) | 83,131 | 83,153 | 83,177 | 83,207 | 79,013 | 79,023 | - | - |
| Reference price 2 | 117.0 | 89.70 | 95.00 | 158.2 | 179.2 | 203.8 | 203.8 | 203.8 |
| Announcement Date | 27/02/20 | 05/03/21 | 04/03/22 | 09/03/23 | 29/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,341 | 5,489 | 7,246 | 6,929 | 4,801 | 6,074 | 7,466 | 9,136 |
| EBITDA 1 | 908 | 417.9 | 678.6 | 746.8 | 523.6 | 680.3 | 900.6 | 1,139 |
| EBIT 1 | 765.5 | 261 | 527 | 572.3 | 349.2 | 516 | 697.2 | 894.8 |
| Operating Margin | 10.43% | 4.75% | 7.27% | 8.26% | 7.27% | 8.5% | 9.34% | 9.79% |
| Earnings before Tax (EBT) 1 | 959.3 | 379.7 | 748.2 | 862.2 | 827.7 | 1,125 | 1,462 | 1,770 |
| Net income 1 | 712.7 | 302.8 | 605.4 | 716.2 | 693.4 | 894.2 | 1,130 | 1,347 |
| Net margin | 9.71% | 5.52% | 8.35% | 10.34% | 14.44% | 14.72% | 15.14% | 14.74% |
| EPS 2 | 8.570 | 3.640 | 7.280 | 8.620 | 8.570 | 10.96 | 14.05 | 16.72 |
| Free Cash Flow 1 | -282.9 | -1,036 | 1,490 | 4,935 | -1,018 | 1,342 | 667.3 | 595.9 |
| FCF margin | -3.85% | -18.88% | 20.56% | 71.22% | -21.21% | 22.1% | 8.94% | 6.52% |
| FCF Conversion (EBITDA) | - | - | 219.58% | 660.77% | - | 197.29% | 74.09% | 52.32% |
| FCF Conversion (Net income) | - | - | 246.13% | 689.02% | - | 150.1% | 59.05% | 44.24% |
| Dividend per Share 2 | 2.540 | 1.230 | 2.490 | 3.000 | 3.370 | 3.665 | 4.419 | 5.229 |
| Announcement Date | 27/02/20 | 05/03/21 | 04/03/22 | 09/03/23 | 29/02/24 | - | - | - |
1EUR in Million2EUR
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 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,275 | 2,646 | 2,843 | 3,107 | 4,140 | 3,098 | 3,830 | 2,295 | 2,505 | 2,939 | 3,209 | 3,601 | 3,933 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 515.4 | 54.96 | 206 | 174.7 | 352.1 | 199.9 | 372.4 | 151.1 | 198 | 217.8 | 285.6 | 285.1 | 373.9 |
| Operating Margin | 12.06% | 2.08% | 7.25% | 5.62% | 8.5% | 6.45% | 9.72% | 6.58% | 7.9% | 7.41% | 8.9% | 7.92% | 9.51% |
| Earnings before Tax (EBT) | 627.5 | 36.26 | 343.4 | 254.6 | 493.6 | 322 | 540.2 | - | - | - | - | - | - |
| Net income | 459 | 32.01 | 270.8 | 211.8 | 393.6 | 271.5 | 444.7 | - | - | - | - | - | - |
| Net margin | 10.74% | 1.21% | 9.52% | 6.82% | 9.51% | 8.76% | 11.61% | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 27/02/20 | 23/07/20 | 05/03/21 | 22/07/21 | 04/03/22 | 20/07/22 | 09/03/23 | 20/07/23 | 29/02/24 | - | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 4,408 | 3,294 | 4,751 | 3,747 | 7,109 | 8,244 | 8,232 | 8,092 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -283 | -1,036 | 1,490 | 4,935 | -1,018 | 1,342 | 667 | 596 |
| ROE (net income / shareholders' equity) | 18.7% | 8.79% | 12.3% | 12.7% | 11.8% | 15.6% | 16.9% | 17.6% |
| ROA (Net income/ Total Assets) | 5.02% | 2.08% | 4.05% | 4.28% | 3.01% | 3.94% | 4.61% | 4.96% |
| Assets 1 | 14,194 | 14,540 | 14,964 | 16,717 | 23,014 | 22,678 | 24,528 | 27,142 |
| Book Value Per Share 2 | 53.30 | 54.60 | 63.50 | 72.50 | 72.70 | 81.10 | 90.00 | 103.0 |
| Cash Flow per Share 2 | -0.8000 | -6.800 | 20.00 | 61.50 | -8.310 | 14.70 | 12.10 | - |
| Capex 1 | 217 | 471 | 173 | 175 | 346 | 211 | 219 | 245 |
| Capex / Sales | 2.95% | 8.58% | 2.38% | 2.53% | 7.2% | 3.47% | 2.93% | 2.69% |
| Announcement Date | 27/02/20 | 05/03/21 | 04/03/22 | 09/03/23 | 29/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
203.8
EUR
Average target price
217.9
EUR
Spread / Average Target
+6.93%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +13.73% | 17.19B | |
| +1.78% | 111B | |
| -35.85% | 103B | |
| +7.57% | 16.5B | |
| +48.28% | 4.76B | |
| +12.33% | 4.37B | |
| -19.55% | 3.78B | |
| +2.39% | 3.49B | |
| -26.78% | 1.44B | |
| +8.57% | 1.15B |
- Stock Market
- Equities
- AM Stock
- Financials Dassault Aviation
