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 87,427 110,311 122,180 156,613 156,112 - -
Change - -0.99% 26.18% 10.76% 28.18% -0.32% - -
Enterprise Value (EV) 1 80,655 81,950 105,337 133,933 144,442 143,154 141,000 137,935
Change - 1.61% 28.54% 27.15% 7.85% -0.89% -1.5% -2.17%
P/E 21x 20.6x 29.1x 28.9x 30.1x 26.5x 22.3x 18.1x
PBR 9.33x 6.75x 6.22x 6.22x 5.98x 5.29x 4.66x 4.04x
PEG - 27.6x -2.6x 2.5x 1.3x 2.1x 1.2x 0.8x
Capitalization / Revenue 1.69x 1.49x 1.69x 1.76x 2.13x 1.93x 1.73x 1.54x
EV / Revenue 1.55x 1.39x 1.61x 1.93x 1.97x 1.77x 1.56x 1.36x
EV / EBITDA 11.2x 9.82x 13x 16.3x 14.1x 13.2x 11.2x 9.33x
EV / EBIT 16.6x 14.6x 18x 25x 20.3x 18.7x 15.4x 12.2x
EV / FCF 22.9x 21.4x 24x 30x 35.8x 30.8x 22.2x 16.8x
FCF Yield 4.36% 4.67% 4.16% 3.33% 2.79% 3.25% 4.5% 5.94%
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% 1.73% 2.03% 2.52%
EPS 2 5.36 5.4 4.8 5.36 6.6 7.433 8.83 10.88
Distribution rate 28% 33.3% 37.5% 37.3% 48.5% 46% 45.4% 45.8%
Net sales 1 52,149 58,763 65,446 69,230 73,420 80,945 90,493 101,387
EBITDA 1 7,190 8,343 8,080 8,207 10,261 10,878 12,542 14,776
EBIT 1 4,865 5,627 5,838 5,354 7,128 7,653 9,157 11,262
Net income 1 4,213 4,247 3,789 4,232 5,221 5,858 6,984 8,510
Net Debt 1 -7,643 -5,477 -4,974 11,753 -12,171 -12,958 -15,112 -18,177
Reference price 2 112.36 111.02 139.78 154.78 198.40 197.24 197.24 197.24
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.32x1.83x13.58x1.68% 187B
-784.05x1.92x43.41x-.--% 166B
20.17x1.5x12.65x1.78% 25.8B
14.95x1.03x8.99x0.1% 14.28B
19.97x1.48x11.35x1.69% 13.01B
-7.84x58.95x-9.27x-.--% 6.9B
-8.84x80.42x-8.84x-.--% 4.72B
12.64x - - 1.96% 2.24B
Average -88.21x 21.02x 10.27x 0.9% 52.41B
Weighted average by Cap. -295.74x 3.64x 24.53x 0.93%

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