Company Valuation: Airbus SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 88,298 87,427 110,311 122,180 156,613 152,281 - -
Change - -0.99% 26.18% 10.76% 28.18% -2.77% - -
Enterprise Value (EV) 1 80,655 81,950 105,337 133,933 144,442 139,323 137,169 134,104
Change - 1.61% 28.54% 27.15% 7.85% -3.54% -1.55% -2.23%
P/E 21x 20.6x 29.1x 28.9x 30.1x 25.9x 21.8x 17.6x
PBR 9.33x 6.75x 6.22x 6.22x 5.98x 5.16x 4.55x 3.95x
PEG - 27.6x -2.6x 2.5x 1.3x 2.1x 1.1x 0.8x
Capitalization / Revenue 1.69x 1.49x 1.69x 1.76x 2.13x 1.88x 1.68x 1.5x
EV / Revenue 1.55x 1.39x 1.61x 1.93x 1.97x 1.72x 1.52x 1.32x
EV / EBITDA 11.2x 9.82x 13x 16.3x 14.1x 12.8x 10.9x 9.07x
EV / EBIT 16.6x 14.6x 18x 25x 20.3x 18.2x 15x 11.9x
EV / FCF 22.9x 21.4x 24x 30x 35.8x 29.9x 21.6x 16.4x
FCF Yield 4.36% 4.67% 4.16% 3.33% 2.79% 3.34% 4.63% 6.11%
Dividend per Share 2 1.5 1.8 1.8 2 3.2 3.419 4.005 4.98
Rate of return 1.33% 1.62% 1.29% 1.29% 1.61% 1.78% 2.08% 2.59%
EPS 2 5.36 5.4 4.8 5.36 6.6 7.433 8.846 10.91
Distribution rate 28% 33.3% 37.5% 37.3% 48.5% 46% 45.3% 45.7%
Net sales 1 52,149 58,763 65,446 69,230 73,420 80,945 90,493 101,431
EBITDA 1 7,190 8,343 8,080 8,207 10,261 10,878 12,543 14,782
EBIT 1 4,865 5,627 5,838 5,354 7,128 7,654 9,157 11,279
Net income 1 4,213 4,247 3,789 4,232 5,221 5,858 7,002 8,533
Net Debt 1 -7,643 -5,477 -4,974 11,753 -12,171 -12,958 -15,112 -18,177
Reference price 2 112.36 111.02 139.78 154.78 198.40 192.40 192.40 192.40
Nbr of stocks (in thousands) 785,848 787,488 789,177 789,377 789,380 791,480 - -
Announcement Date 2/17/22 2/16/23 2/15/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.15x1.74x12.95x1.76% 175B
-724.86x1.82x41.03x-.--% 156B
20.2x1.53x12.96x1.77% 25.56B
20.86x1.54x11.75x1.62% 13.59B
13.69x0.96x8.32x0.11% 13.07B
-7.16x54.17x-8.44x-.--% 6.23B
-10.15x95.29x-10.48x-.--% 5.42B
11.2x - - 2.22% 1.98B
Average -81.26x 22.44x 9.73x 0.94% 49.54B
Weighted average by Cap. -270.68x 3.84x 23.17x 0.96%

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