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 57,617 - -
Change - 51.22% 27.83% 1.99% 48.91% 12.92% - -
Enterprise Value (EV) 1 19,541 28,308 36,063 41,142 56,639 62,400 61,785 60,877
Change - 44.86% 27.4% 14.08% 37.67% 10.17% -0.98% -1.47%
P/E 10.1x 17x 18.4x 17.9x 25.2x 26.3x 22.7x 20x
PBR 2.36x 2.35x 3.21x 2.98x 4.36x 4.89x 4.54x 4.2x
PEG - -2.21x 0.9x 2.92x 4.14x 1.9x 1.4x 1.5x
Capitalization / Revenue 0.82x 1.13x 1.33x 1.21x 1.66x 1.73x 1.59x 1.47x
EV / Revenue 0.92x 1.22x 1.43x 1.45x 1.85x 1.87x 1.71x 1.55x
EV / EBITDA 6.68x 8.72x 10.4x 10x 12.6x 13.1x 11.9x 10.8x
EV / EBIT 8.86x 11.4x 13.4x 13.6x 17x 17x 15.1x 13.5x
EV / FCF 10.5x 13.2x 13.9x 16.4x 26.2x 26.6x 23.6x 20.5x
FCF Yield 9.54% 7.58% 7.19% 6.09% 3.81% 3.76% 4.24% 4.87%
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% 1.95% 2.2% 2.47%
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 33,322 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 3,677 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 20.37 20.37 20.37
Nbr of stocks (in thousands) 3,161,416 3,070,678 3,025,615 2,983,629 2,977,003 2,828,530 - -
Announcement Date 24/2/22 23/2/23 21/2/24 19/2/25 18/2/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.32x1.87x13.12x1.95% 76.67B
33.86x6.22x25.64x0.61% 308B
30.54x2.97x17.04x1.46% 263B
25.97x1.73x12.81x1.76% 170B
-272.29x1.6x37.97x-.--% 133B
20.34x1.93x13.98x2.25% 144B
29x4.2x17.57x1.18% 136B
27.86x3x13.6x1.5% 127B
20.88x1.77x14.46x1.78% 95.87B
18.47x1.97x13.92x1.76% 78.31B
Average -3.90x 2.73x 18.01x 1.43% 153.12B
Weighted average by Cap. 1.61x 3.20x 19.08x 1.31%

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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