Valuation BAE Systems plc

Stocks

Real-time Estimate Cboe Europe 23:55:16 29/10/2026 HKT			5-day change	1st Jan Change
2,089.00 ^GBX	+3.16%		+8.42%	+22.12%

07:00pm	London's FTSE 100 rises as Shell boosts energy stocks	RE
06:50pm	WINNERS & LOSERS: Shell rises on buyback; Haleon slumps on outlook	AN

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	57,278	-	-
Change	-	51.22%	27.83%	1.99%	48.91%	12.25%	-	-
Enterprise Value (EV) ¹	19,541	28,308	36,063	41,142	56,639	62,061	61,446	60,538
Change	-	44.86%	27.4%	14.08%	37.67%	9.57%	-0.99%	-1.48%
P/E	10.1x	17x	18.4x	17.9x	25.2x	26.2x	22.6x	19.9x
PBR	2.36x	2.35x	3.21x	2.98x	4.36x	4.87x	4.52x	4.18x
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	1.72x	1.58x	1.46x
EV / Revenue	0.92x	1.22x	1.43x	1.45x	1.85x	1.86x	1.7x	1.55x
EV / EBITDA	6.68x	8.72x	10.4x	10x	12.6x	13x	11.8x	10.7x
EV / EBIT	8.86x	11.4x	13.4x	13.6x	17x	16.9x	15x	13.4x
EV / FCF	10.5x	13.2x	13.9x	16.4x	26.2x	26.4x	23.5x	20.4x
FCF Yield	9.54%	7.58%	7.19%	6.09%	3.81%	3.79%	4.26%	4.9%
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%	1.96%	2.22%	2.48%
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	20.25	20.25	20.25
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

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAE SYSTEMS PLC	26.17x	1.86x	13.05x	1.96%	76.24B
GE AEROSPACE	34.26x	6.29x	25.93x	0.6%	311B
RTX CORPORATION	30.73x	2.99x	17.14x	1.45%	264B
AIRBUS SE	25.86x	1.72x	12.75x	1.77%	169B
LOCKHEED MARTIN CORPORATION	20.56x	1.95x	14.14x	2.22%	145B
ROLLS-ROYCE HOLDINGS PLC	29.48x	4.28x	17.87x	1.16%	139B
BOEING	-140.92x	1.6x	41.35x	-.--%	132B
SAFRAN	27.59x	2.97x	13.47x	1.51%	126B
GENERAL DYNAMICS CORPORATION	20.85x	1.76x	14.44x	1.79%	95.73B
NORTHROP GRUMMAN CORPORATION	18.53x	1.98x	13.95x	1.76%	78.53B
Average	9.31x	2.74x	18.41x	1.42%	153.74B
Weighted average by Cap.	13.32x	3.23x	19.47x	1.3%