Valuation BAE Systems plc

Equities

Market Closed - London S.E. Other stock markets 11:35:06 2026-04-15 am EDT			5-day change	1st Jan Change
2,251.50 ^GBX	+0.90%		-1.62%	+31.36%

06:39am	UK to Supply Ukraine with Record Drone Shipment as Russia War Rages	MT
Apr. 14	WINNERS & LOSERS: Intertek jumps as it mulls strategic review	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	17,381	26,285	33,599	34,267	51,026	66,689	-	-
Change	-	51.22%	27.83%	1.99%	48.91%	30.7%	-	-
Enterprise Value (EV) ¹	19,541	28,308	36,063	41,142	56,639	71,921	71,368	70,816
Change	-	44.86%	27.4%	14.08%	37.67%	26.98%	-0.77%	-0.77%
P/E ratio	10.1x	17x	18.4x	17.9x	25.2x	28.5x	24.9x	22.4x
PBR	2.36x	2.35x	3.21x	2.98x	4.36x	5.36x	4.83x	4.49x
PEG	-	-2.21x	0.9x	2.92x	4.14x	1.9x	1.7x	1.9x
Capitalization / Revenue	0.82x	1.13x	1.33x	1.21x	1.66x	2.01x	1.87x	1.72x
EV / Revenue	0.92x	1.22x	1.43x	1.45x	1.85x	2.17x	2x	1.83x
EV / EBITDA	6.68x	8.72x	10.4x	10x	12.6x	15.5x	14.1x	12.9x
EV / EBIT	8.86x	11.4x	13.4x	13.6x	17x	19.8x	17.9x	16.2x
EV / FCF	10.5x	13.2x	13.9x	16.4x	26.2x	34.2x	27.1x	23.7x
FCF Yield	9.54%	7.58%	7.19%	6.09%	3.81%	2.92%	3.69%	4.22%
Dividend per Share ²	0.251	0.27	0.3	0.33	0.363	0.3943	0.4402	0.4992
Rate of return	4.57%	3.15%	2.7%	2.87%	2.12%	1.77%	1.97%	2.24%
EPS ²	0.547	0.505	0.604	0.641	0.68	0.7825	0.8948	0.9982
Distribution rate	45.9%	53.5%	49.7%	51.5%	53.4%	50.4%	49.2%	50%
Net sales ¹	21,310	23,256	25,284	28,335	30,662	33,179	35,756	38,785
EBITDA ¹	2,925	3,246	3,469	4,112	4,495	4,646	5,066	5,476
EBIT ¹	2,205	2,479	2,682	3,015	3,322	3,632	3,988	4,369
Net income ¹	1,758	1,591	1,857	1,956	2,062	2,320	2,659	3,000
Net Debt ¹	2,160	2,023	2,464	6,875	5,613	5,232	4,679	4,127
Reference price ²	5.50	8.56	11.10	11.48	17.14	22.32	22.32	22.32
Nbr of stocks (in thousands)	3,161,416	3,070,678	3,025,615	2,983,629	2,977,003	2,988,540	-	-
Announcement Date	2/24/22	2/23/23	2/21/24	2/19/25	2/18/26	-	-	-

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	28.52x	2.17x	15.48x	1.77%	90.49B
GE AEROSPACE	38.06x	7.06x	29.38x	0.55%	332B
RTX CORPORATION	35.89x	3.21x	19.05x	1.43%	273B
ROLLS-ROYCE HOLDINGS PLC	35.37x	4.71x	21.61x	0.94%	148B
NORTHROP GRUMMAN CORPORATION	24.31x	2.41x	17.06x	1.43%	96.6B
GENERAL DYNAMICS CORPORATION	20.85x	1.75x	14.37x	1.85%	91.92B
RHEINMETALL AG	41.19x	4.72x	20.69x	1.06%	81.38B
L3HARRIS TECHNOLOGIES, INC.	30.89x	3.17x	17.36x	1.41%	66.41B
HANWHA AEROSPACE CO., LTD.	34.47x	2.74x	15.71x	0.34%	53.3B
ELBIT SYSTEMS LTD.	62.94x	4.71x	38.21x	0.43%	43.19B
Average	35.25x	3.66x	20.89x	1.12%	127.61B
Weighted average by Cap.	34.85x	4.27x	21.82x	1.1%