Valuation BAE Systems plc

Stocks

Market Closed - London S.E. 16:35:16 20/10/2026 BST			5-day change	1st Jan Change
1,947.00 ^GBX	-0.28%		+4.68%	+13.59%

10-20	The Dip That Keeps On Dipping
10-20	BAE Systems signs Pentagon agreement to produce up to 25,000 interceptors a year

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	55,071	-	-
Change	-	51.22%	27.83%	1.99%	48.91%	7.93%	-	-
Enterprise Value (EV) ¹	19,541	28,308	36,063	41,142	56,639	59,854	59,240	58,332
Change	-	44.86%	27.4%	14.08%	37.67%	5.68%	-1.03%	-1.53%
P/E	10.1x	17x	18.4x	17.9x	25.2x	25.2x	21.7x	19.2x
PBR	2.36x	2.35x	3.21x	2.98x	4.36x	4.68x	4.34x	4.02x
PEG	-	-2.21x	0.9x	2.92x	4.14x	1.8x	1.4x	1.4x
Capitalization / Revenue	0.82x	1.13x	1.33x	1.21x	1.66x	1.66x	1.52x	1.41x
EV / Revenue	0.92x	1.22x	1.43x	1.45x	1.85x	1.8x	1.64x	1.49x
EV / EBITDA	6.68x	8.72x	10.4x	10x	12.6x	12.6x	11.4x	10.3x
EV / EBIT	8.86x	11.4x	13.4x	13.6x	17x	16.3x	14.5x	13x
EV / FCF	10.5x	13.2x	13.9x	16.4x	26.2x	25.5x	22.6x	19.7x
FCF Yield	9.54%	7.58%	7.19%	6.09%	3.81%	3.92%	4.42%	5.08%
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%	2.04%	2.31%	2.58%
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	33,221	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	3,682	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	19.47	19.47	19.47
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	24/02/22	23/02/23	21/02/24	19/02/25	18/02/26	-	-	-

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	25.23x	1.81x	12.62x	2.04%	73.56B
GE AEROSPACE	35.87x	6.58x	27.58x	0.58%	323B
RTX CORPORATION	31.79x	2.97x	17.63x	1.49%	259B
AIRBUS SE	26.19x	1.74x	12.93x	1.75%	173B
BOEING	-526.78x	1.79x	40.9x	-.--%	151B
ROLLS-ROYCE HOLDINGS PLC	31.08x	4.55x	19.01x	1.1%	147B
SAFRAN	31.59x	3.46x	15.67x	1.31%	147B
LOCKHEED MARTIN CORPORATION	18.03x	1.74x	12.44x	2.55%	127B
GENERAL DYNAMICS CORPORATION	20.08x	1.7x	13.93x	1.85%	92.24B
HOWMET AEROSPACE INC.	39.93x	9.02x	27.96x	0.24%	87.75B
Average	-26.70x	3.54x	20.07x	1.29%	157.96B
Weighted average by Cap.	-23.21x	3.76x	21.04x	1.2%