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 55,656 - -
Change - 51.22% 27.83% 1.99% 48.91% 9.07% - -
Enterprise Value (EV) 1 19,541 28,308 36,063 41,142 56,639 60,887 60,323 59,480
Change - 44.86% 27.4% 14.08% 37.67% 7.5% -0.93% -1.4%
P/E 10.1x 17x 18.4x 17.9x 25.2x 24.9x 21.7x 19.6x
PBR 2.36x 2.35x 3.21x 2.98x 4.36x 4.63x 4.31x 4.01x
PEG - -2.21x 0.9x 2.92x 4.14x 1.5x 1.5x 1.8x
Capitalization / Revenue 0.82x 1.13x 1.33x 1.21x 1.66x 1.68x 1.55x 1.44x
EV / Revenue 0.92x 1.22x 1.43x 1.45x 1.85x 1.83x 1.68x 1.54x
EV / EBITDA 6.68x 8.72x 10.4x 10x 12.6x 13x 11.8x 10.8x
EV / EBIT 8.86x 11.4x 13.4x 13.6x 17x 16.8x 14.9x 13.5x
EV / FCF 10.5x 13.2x 13.9x 16.4x 26.2x 28.2x 23.5x 20.2x
FCF Yield 9.54% 7.58% 7.19% 6.09% 3.81% 3.55% 4.26% 4.95%
Dividend per Share 2 0.251 0.27 0.3 0.33 0.363 0.3954 0.4443 0.4936
Rate of return 4.57% 3.15% 2.7% 2.87% 2.12% 2.01% 2.26% 2.51%
EPS 2 0.547 0.505 0.604 0.641 0.68 0.7894 0.906 1.003
Distribution rate 45.9% 53.5% 49.7% 51.5% 53.4% 50.1% 49% 49.2%
Net sales 1 21,310 23,256 25,284 28,335 30,662 33,215 35,977 38,744
EBITDA 1 2,925 3,246 3,469 4,112 4,495 4,667 5,123 5,512
EBIT 1 2,205 2,479 2,682 3,015 3,322 3,635 4,037 4,394
Net income 1 1,758 1,591 1,857 1,956 2,062 2,322 2,682 2,980
Net Debt 1 2,160 2,023 2,464 6,875 5,613 5,231 4,666 3,824
Reference price 2 5.50 8.56 11.10 11.48 17.14 19.65 19.65 19.65
Nbr of stocks (in thousands) 3,161,416 3,070,678 3,025,615 2,983,629 2,977,003 2,832,378 - -
Announcement Date 2/24/22 A 2/23/23 A 2/21/24 A 2/19/25 A 2/18/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.89x1.83x13.05x2.01% 74.06B
40.99x7.38x30.72x0.52% 362B
34.52x3.23x19.01x1.37% 282B
35.87x4.82x21.89x0.91% 149B
18.89x1.8x12.86x2.49% 131B
22.86x1.92x15.73x1.67% 103B
18.43x1.92x13.72x1.82% 75.79B
29.03x3.2x14.07x1.48% 53.82B
25.82x2.72x15.12x1.65% 55.83B
Average 27.92x 3.20x 17.35x 1.55% 142.91B
Weighted average by Cap. 31.86x 4.15x 20.72x 1.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. BA. Stock
  4. Valuation BAE Systems plc