Valuation BAE Systems plc

Stocks

Real-time Estimate Cboe Europe 13:37:00 12/11/2026 +04			5-day change	1st Jan Change
1,890.00 ^GBX	-1.43%		+0.24%	+9.98%

01:03pm	BAE Systems boosts cash outlook on strong trading and order growth	AN
12:15pm	BAE Systems Lifts Cash Flow Guidance Again as Robust Defense Spending Fuels Orders -- Update	DJ

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	54,237	-	-
Change	-	51.22%	27.83%	1.99%	48.91%	6.29%	-	-
Enterprise Value (EV) ¹	19,541	28,308	36,063	41,142	56,639	59,020	58,405	57,497
Change	-	44.86%	27.4%	14.08%	37.67%	4.2%	-1.04%	-1.55%
P/E	10.1x	17x	18.4x	17.9x	25.2x	24.8x	21.4x	18.9x
PBR	2.36x	2.35x	3.21x	2.98x	4.36x	4.61x	4.28x	3.96x
PEG	-	-2.21x	0.9x	2.92x	4.14x	1.8x	1.3x	1.4x
Capitalization / Revenue	0.82x	1.13x	1.33x	1.21x	1.66x	1.63x	1.5x	1.38x
EV / Revenue	0.92x	1.22x	1.43x	1.45x	1.85x	1.77x	1.61x	1.47x
EV / EBITDA	6.68x	8.72x	10.4x	10x	12.6x	12.4x	11.2x	10.2x
EV / EBIT	8.86x	11.4x	13.4x	13.6x	17x	16.1x	14.3x	12.8x
EV / FCF	10.5x	13.2x	13.9x	16.4x	26.2x	25.1x	22.3x	19.4x
FCF Yield	9.54%	7.58%	7.19%	6.09%	3.81%	3.98%	4.48%	5.16%
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%	2.08%	2.34%	2.62%
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	33,322	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	3,677	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	19.18	19.18	19.18
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
BAE SYSTEMS PLC	24.78x	1.77x	12.41x	2.08%	72.05B
GE AEROSPACE	39.15x	7.14x	29.6x	0.53%	354B
RTX CORPORATION	31.31x	3.06x	17.59x	1.41%	272B
AIRBUS SE	28.62x	1.9x	14.14x	1.6%	184B
ROLLS-ROYCE HOLDINGS PLC	31.34x	4.55x	19x	1.09%	147B
SAFRAN	31.51x	3.45x	15.7x	1.31%	144B
LOCKHEED MARTIN CORPORATION	19.92x	1.89x	13.75x	2.3%	141B
BOEING	-118.5x	1.66x	47.48x	-.--%	138B
GENERAL DYNAMICS CORPORATION	21.14x	1.79x	14.73x	1.72%	99.08B
HOWMET AEROSPACE INC.	39.6x	8.99x	27.7x	0.24%	89.08B
Average	14.89x	3.62x	21.21x	1.23%	164B
Weighted average by Cap.	18.66x	3.95x	22.09x	1.14%