Financials Airbus SE BME

Equities

AIR

NL0000235190

Aerospace & Defense

Market Closed - BME 11:35:26 2024-04-26 am EDT 5-day change 1st Jan Change
157.4 EUR -0.68% Intraday chart for Airbus SE -0.58% +12.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 102,110 70,321 88,298 87,427 110,311 124,223 - -
Enterprise Value (EV) 1 89,576 66,009 80,655 81,950 105,337 112,401 108,021 103,724
P/E ratio -74.6 x -61.9 x 21 x 20.6 x 29.1 x 24.4 x 19.1 x 15.8 x
Yield - - 1.33% 1.62% 1.29% 1.46% 1.88% 2.33%
Capitalization / Revenue 1.45 x 1.41 x 1.69 x 1.49 x 1.69 x 1.74 x 1.54 x 1.37 x
EV / Revenue 1.27 x 1.32 x 1.55 x 1.39 x 1.61 x 1.57 x 1.34 x 1.14 x
EV / EBITDA 9.07 x 14.5 x 11.2 x 9.82 x 13 x 12.3 x 9.47 x 7.77 x
EV / FCF 63.4 x -9.19 x 22.9 x 17.5 x 24 x 28.9 x 17.6 x 14.8 x
FCF Yield 1.58% -10.9% 4.36% 5.71% 4.16% 3.46% 5.67% 6.78%
Price to Book 17.1 x 10.9 x 9.33 x 6.75 x 6.22 x 5.89 x 4.83 x 3.97 x
Nbr of stocks (in thousands) 782,573 783,254 785,848 787,488 789,177 790,924 - -
Reference price 2 130.5 89.78 112.4 111.0 139.8 157.1 157.1 157.1
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 70,478 49,912 52,149 58,763 65,446 71,391 80,842 90,989
EBITDA 1 9,873 4,537 7,190 8,343 8,080 9,110 11,404 13,343
EBIT 1 6,946 1,706 4,865 5,627 5,838 6,770 8,575 10,510
Operating Margin 9.86% 3.42% 9.33% 9.58% 8.92% 9.48% 10.61% 11.55%
Earnings before Tax (EBT) 1 1,064 -1,130 5,027 5,075 4,769 6,765 8,155 9,526
Net income 1 -1,362 -1,133 4,213 4,247 3,789 5,081 6,339 7,696
Net margin -1.93% -2.27% 8.08% 7.23% 5.79% 7.12% 7.84% 8.46%
EPS 2 -1.750 -1.450 5.360 5.400 4.800 6.433 8.222 9.930
Free Cash Flow 1 1,413 -7,179 3,515 4,680 4,386 3,890 6,127 7,029
FCF margin 2% -14.38% 6.74% 7.96% 6.7% 5.45% 7.58% 7.73%
FCF Conversion (EBITDA) 14.31% - 48.89% 56.09% 54.28% 42.7% 53.73% 52.68%
FCF Conversion (Net income) - - 83.43% 110.2% 115.76% 76.56% 96.65% 91.33%
Dividend per Share 2 - - 1.500 1.800 1.800 2.286 2.946 3.662
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 39,612 18,948 30,964 24,637 16,994 12,000 12,810 24,810 13,309 20,644 11,763 15,900 27,663 14,897 22,886 12,830 17,383 16,614 24,796 16,199 19,818
EBITDA 1 - - - - 2,180 1,848 1,953 - 1,320 - 1,268 2,392 - 1,580 2,840 1,090 2,395 2,033 3,650 2,442 2,710
EBIT 1 - -945 2,651 2,703 1,496 1,263 1,382 2,645 836 2,146 773 1,845 2,618 1,013 2,207 577 1,818 1,364 2,736 1,424 2,386
Operating Margin - -4.99% 8.56% 10.97% 8.8% 10.53% 10.79% 10.66% 6.28% 10.4% 6.57% 11.6% 9.46% 6.8% 9.64% 4.5% 10.46% 8.21% 11.03% 8.79% 12.04%
Earnings before Tax (EBT) - -1,988 - - 1,762 1,595 1,091 2,686 560 1,829 539 1,450 - 954 - - - - - - -
Net income 1 - -1,919 - - 1,578 1,219 682 1,901 667 1,679 466 1,060 1,526 806 1,457 595 1,334 1,048 2,044 - -
Net margin - -10.13% - - 9.29% 10.16% 5.32% 7.66% 5.01% 8.13% 3.96% 6.67% 5.52% 5.41% 6.37% 4.64% 7.67% 6.31% 8.24% - -
EPS 2 - -2.450 - - 2.000 1.550 0.8700 - 0.8500 2.130 0.5900 1.340 1.940 1.020 1.850 0.7600 1.683 1.341 2.602 1.800 2.020
Dividend per Share 2 - - - - 1.500 - - - - 1.800 - - - - 1.800 - - - 2.297 - 1.050
Announcement Date 2/13/20 7/30/20 2/18/21 7/29/21 2/17/22 5/4/22 7/27/22 7/27/22 10/28/22 2/16/23 5/3/23 7/26/23 7/26/23 11/8/23 2/15/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 12,534 4,312 7,643 5,477 4,974 11,821 16,202 20,499
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,413 -7,179 3,515 4,680 4,386 3,890 6,127 7,029
ROE (net income / shareholders' equity) 60.1% 17.1% 42.7% 37.9% 28.8% 26.4% 28.3% 28.1%
ROA (Net income/ Total Assets) 4.11% 0.95% 3.13% 3.64% 3.76% 4.16% 5.11% 5.56%
Assets 1 -33,163 -119,419 134,652 116,775 100,715 122,117 124,145 138,535
Book Value Per Share 2 7.640 8.220 12.00 16.40 22.50 26.60 32.50 39.60
Cash Flow per Share 2 4.830 -6.920 5.900 7.980 7.930 10.10 12.50 14.80
Capex 1 2,340 1,759 1,928 2,464 3,051 2,884 3,142 3,380
Capex / Sales 3.32% 3.52% 3.7% 4.19% 4.66% 4.04% 3.89% 3.71%
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
157.1 EUR
Average target price
177.3 EUR
Spread / Average Target
+12.89%
Consensus