Dassault Aviation SA
AM: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€384.00 | Wyhly | Nrlqndkj |
Increasing Our Fair Value for Dassault Aviation Due to Strong Defense Spending and FCF Performance
Business Strategy and Outlook
Dassault Aviation maintains a healthy balance between its civil (30% of revenue) and defense sector (70% of the revenue). We believe the firm has a positive outlook, supported by a strong defense order backlog, potential for a recovery in business jet market share, and steady aftermarket business.