Valuation BAE Systems plc

Equities

Market Closed - London S.E. Other stock markets 16:35:11 12/06/2025 BST			5-day change	1st Jan Change
1,885.00 ^GBX	+0.99%		-4.89%	+64.13%

06-12	South Korean Shares Climb for Seventh Straight Day on President Lee's Stock Market Reform Plans	MT
06-12	Hanwha Systems, BAE Systems Sign Deal on Advanced ISR Satellite Tech	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	15,718	17,381	26,285	33,599	34,267	56,453	-	-
Change	-	10.59%	51.22%	27.83%	1.99%	64.74%	-	-
Enterprise Value (EV) ¹	19,441	19,541	28,308	36,063	41,142	63,268	62,794	62,114
Change	-	0.52%	44.86%	27.4%	14.08%	53.78%	-0.75%	-1.08%
P/E ratio	12.1x	10.1x	17x	18.4x	17.9x	26.5x	23.8x	21.3x
PBR	3.52x	2.36x	2.35x	3.21x	2.98x	4.56x	4.26x	3.93x
PEG	-	0.3x	-2.21x	0.9x	2.92x	2.4x	2.1x	1.8x
Capitalization / Revenue	0.75x	0.82x	1.13x	1.33x	1.21x	1.85x	1.73x	1.62x
EV / Revenue	0.93x	0.92x	1.22x	1.43x	1.45x	2.07x	1.93x	1.78x
EV / EBITDA	6.93x	6.68x	8.72x	10.4x	10x	14.7x	13.7x	12.5x
EV / EBIT	9.12x	8.86x	11.4x	13.4x	13.6x	19.1x	17.5x	16x
EV / FCF	24.9x	10.5x	13.2x	13.9x	16.4x	39.8x	27.8x	23.9x
FCF Yield	4.02%	9.54%	7.58%	7.19%	6.09%	2.51%	3.6%	4.19%
Dividend per Share ²	0.237	0.251	0.27	0.3	0.55	0.3574	0.3943	0.4363
Rate of return	4.85%	4.57%	3.15%	2.7%	4.79%	1.9%	2.09%	2.31%
EPS ²	0.405	0.547	0.505	0.604	0.641	0.7115	0.793	0.887
Distribution rate	58.5%	45.9%	53.5%	49.7%	85.8%	50.2%	49.7%	49.2%
Net sales ¹	20,862	21,310	23,256	25,284	28,335	30,536	32,573	34,910
EBITDA ¹	2,807	2,925	3,246	3,469	4,112	4,298	4,592	4,963
EBIT ¹	2,132	2,205	2,479	2,682	3,015	3,305	3,583	3,883
Net income ¹	1,299	1,758	1,591	1,857	1,956	2,104	2,316	2,574
Net Debt ¹	3,723	2,160	2,023	2,464	6,875	6,815	6,341	5,661
Reference price ²	4.89	5.50	8.56	11.10	11.48	18.85	18.85	18.85
Nbr of stocks (in thousands)	3,215,557	3,161,416	3,070,678	3,025,615	2,983,629	2,994,852	-	-
Announcement Date	25/02/21	24/02/22	23/02/23	21/02/24	19/02/25	-	-	-

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	26.23x	2.05x	14.59x	1.91%	75.72B
GE AEROSPACE	40.72x	6.78x	28.04x	0.59%	262B
RTX CORPORATION	30.14x	2.64x	15.8x	1.88%	189B
ROLLS-ROYCE HOLDINGS PLC	37.31x	3.81x	19.66x	0.84%	101B
RHEINMETALL AG	60.55x	6.27x	31.88x	0.65%	89.9B
GENERAL DYNAMICS CORPORATION	18.49x	1.6x	13.17x	2.15%	73.92B
NORTHROP GRUMMAN CORPORATION	19.37x	1.92x	13.97x	1.77%	70.3B
AXON ENTERPRISE, INC.	634.29x	22.47x	88.01x	-.--%	60.6B
L3HARRIS TECHNOLOGIES, INC.	26.38x	2.63x	14.38x	1.93%	46.11B
HINDUSTAN AERONAUTICS LIMITED	46.93x	9.44x	34.49x	0.9%	39.44B
Average	94.04x	5.96x	27.40x	1.26%	100.84B
Weighted average by Cap.	71.21x	5.44x	25.40x	1.2%