Valuation BAE Systems plc

Stocks

Real-time Estimate Cboe Europe 16:25:18 30/09/2026 BST			5-day change	1st Jan Change
1,961.00 ^GBX	+0.69%		-3.31%	+14.12%

09:49am	European defense: why concentration is not a miracle cure
09-29	BAE Systems Receives AIMS Certification from Department of War For New Identification Friend or Foe AN/APX-127(V)1 Combined Interrogator Transponder	CI

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	55,086	-	-
Change	-	51.22%	27.83%	1.99%	48.91%	7.96%	-	-
Enterprise Value (EV) ¹	19,541	28,308	36,063	41,142	56,639	59,868	59,254	58,346
Change	-	44.86%	27.4%	14.08%	37.67%	5.7%	-1.03%	-1.53%
P/E	10.1x	17x	18.4x	17.9x	25.2x	25.4x	21.8x	19.3x
PBR	2.36x	2.35x	3.21x	2.98x	4.36x	4.65x	4.31x	3.97x
PEG	-	-2.21x	0.9x	2.92x	4.14x	2x	1.3x	1.5x
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	25.4x	22.6x	19.7x
FCF Yield	9.54%	7.58%	7.19%	6.09%	3.81%	3.93%	4.42%	5.08%
Dividend per Share ²	0.251	0.27	0.3	0.33	0.363	0.3974	0.4472	0.5023
Rate of return	4.57%	3.15%	2.7%	2.87%	2.12%	2.04%	2.3%	2.58%
EPS ²	0.547	0.505	0.604	0.641	0.68	0.7664	0.8917	1.008
Distribution rate	45.9%	53.5%	49.7%	51.5%	53.4%	51.9%	50.2%	49.8%
Net sales ¹	21,310	23,256	25,284	28,335	30,662	33,179	36,222	39,182
EBITDA ¹	2,925	3,246	3,469	4,112	4,495	4,750	5,195	5,644
EBIT ¹	2,205	2,479	2,682	3,015	3,322	3,680	4,092	4,500
Net income ¹	1,758	1,591	1,857	1,956	2,062	2,262	2,589	2,897
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	19.48	19.48	19.48
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	25.41x	1.8x	12.61x	2.04%	72.75B
GE AEROSPACE	36.68x	6.73x	28.21x	0.57%	330B
RTX CORPORATION	30.99x	2.9x	17.21x	1.53%	252B
AIRBUS SE	25.62x	1.7x	12.67x	1.8%	171B
ROLLS-ROYCE HOLDINGS PLC	34.94x	5.09x	21.36x	0.98%	162B
SAFRAN	33.57x	3.68x	16.7x	1.23%	157B
BOEING	-691.5x	1.74x	39.42x	-.--%	148B
LOCKHEED MARTIN CORPORATION	16.8x	1.63x	11.75x	2.74%	118B
HOWMET AEROSPACE INC.	41.94x	9.45x	29.31x	0.22%	92.1B
GENERAL DYNAMICS CORPORATION	19.56x	1.66x	13.59x	1.9%	89.78B
Average	-42.60x	3.64x	20.28x	1.3%	159.35B
Weighted average by Cap.	-36.32x	3.92x	21.32x	1.19%