Company Valuation: Dassault Aviation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 7,902 13,163 14,159 15,390 21,417 21,354 - -
Change - 66.59% 7.57% 8.69% 39.17% -0.3% - -
Enterprise Value (EV) 1 3,150 9,416 7,050 7,142 12,181 12,531 13,197 13,998
Change - 198.9% -25.13% 1.31% 70.56% 2.87% 5.32% 6.07%
P/E ratio 13x 18.4x 20.9x 16.7x 21.9x 18.7x 15.4x 13.1x
PBR 1.5x 2.18x 2.47x 2.44x 3.21x 2.9x 2.54x 2.35x
PEG - 1x -36.03x 0.4x 3.49x 1.1x 0.7x 0.8x
Capitalization / Revenue 1.09x 1.9x 2.95x 2.47x 2.89x 2.46x 2.19x 1.86x
EV / Revenue 0.43x 1.36x 1.47x 1.15x 1.64x 1.44x 1.36x 1.22x
EV / EBITDA 4.64x 12.6x 13.5x 10.1x 14.5x 12.2x 11x 9.36x
EV / EBIT 5.98x 16.5x 20.2x 13.8x 19.2x 15.5x 13.6x 11.3x
EV / FCF 2.11x 1.91x -6.92x 4.65x 7.37x -32.2x -72x 19.8x
FCF Yield 47.3% 52.4% -14.4% 21.5% 13.6% -3.1% -1.39% 5.06%
Dividend per Share 2 2.49 3 3.37 4.72 4.78 5.382 6.403 7.655
Rate of return 2.62% 1.9% 1.88% 2.39% 1.75% 1.95% 2.32% 2.78%
EPS 2 7.28 8.62 8.57 11.78 12.52 14.71 17.91 21
Distribution rate 34.2% 34.8% 39.3% 40.1% 38.2% 36.6% 35.7% 36.5%
Net sales 1 7,246 6,929 4,801 6,230 7,420 8,690 9,738 11,472
EBITDA 1 678.6 746.8 523.6 705.4 840.9 1,028 1,201 1,495
EBIT 1 527 572.3 349.2 519.3 634.8 808 971.2 1,241
Net income 1 605.4 716.2 693.4 923.8 977.4 1,187 1,433 1,675
Net Debt 1 -4,751 -3,747 -7,109 -8,248 -9,236 -8,823 -8,157 -7,356
Reference price 2 95.00 158.20 179.20 197.20 273.80 275.40 275.40 275.40
Nbr of stocks (in thousands) 83,177 83,207 79,013 78,041 78,222 77,538 - -
Announcement Date 04/03/22 09/03/23 06/03/24 05/03/25 04/03/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.72x1.44x12.19x1.95% 24.82B
470.7x2.01x44.45x-.--% 174B
22.88x1.47x10.9x1.98% 153B
17.27x1.68x11.86x2.69% 119B
15.93x1.11x9.34x0.09% 15.44B
-12.58x91.82x-14.93x-.--% 10.19B
17.67x1.12x9.06x2.29% 9.99B
-7.07x64.39x-7.06x-.--% 3.56B
8.99x - - 2.84% 1.55B
Average 61.39x 20.63x 9.48x 1.32% 56.86B
Weighted average by Cap. 172.21x 3.93x 21.89x 1.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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