Dassault Aviation SA AM

Morningstar Rating
€187.90 +0.40 (0.21%)
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Company Report

Price vs Fair Value

AM is trading at a 136% premium.
Price
€187.50
Fair Value
€523.00
Uncertainty
Medium
1-Star Price
€216.42
5-Star Price
€659.70
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The growth in Dassault Aviation's Rafale fighter jet exports could lead to new markets opening up, which would have a positive impact on the company's long-term prospects.

Bears

The volatile business jet market could result in lower company sales and profitability than currently expected.

News

Trading Information

Previous Close Price
€187.50
Day Range
€185.20188.50
52-Week Range
€160.90212.40
Bid/Ask
€185.10 / €189.50
Market Cap
€14.70 Bil
Volume/Avg
30,773 / 43,223

Key Statistics

Price/Earnings (Normalized)
16.63
Price/Sales
2.89
Dividend Yield (Trailing)
1.80%
Dividend Yield (Forward)
1.80%
Total Yield
4.67%

Company Profile

Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds, and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 26% stake in narrow-moat Thales, which contributes significantly to Dassault’s net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Large Core
Total Number of Employees
9,481

Competitors

Valuation

Metric
AM
RTX
LDO
Price/Earnings (Normalized)
16.6323.6114.87
Price/Book Value
2.492.821.42
Price/Sales
2.892.360.72
Price/Cash Flow
19.9929.179.10
Price/Earnings
AM
RTX
LDO

Financial Strength

Metric
AM
RTX
LDO
Quick Ratio
0.480.60
Current Ratio
1.050.99
Interest Coverage
159.422.4010.31
Quick Ratio
AM
RTX
LDO

Profitability

Metric
AM
RTX
LDO
Return on Assets (Normalized)
3.76%4.49%
Return on Equity (Normalized)
15.91%11.30%15.15%
Return on Invested Capital (Normalized)
14.49%8.26%25.95%
Return on Assets
AM
RTX
LDO

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