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 87,427 110,311 122,180 156,613 149,827 - -
Change - -0.99% 26.18% 10.76% 28.18% -4.33% - -
Enterprise Value (EV) 1 80,655 81,950 105,337 133,933 144,442 136,869 134,715 131,651
Change - 1.61% 28.54% 27.15% 7.85% -5.24% -1.57% -2.27%
P/E 21x 20.6x 29.1x 28.9x 30.1x 25.5x 21.4x 17.4x
PBR 9.33x 6.75x 6.22x 6.22x 5.98x 5.09x 4.51x 3.92x
PEG - 27.6x -2.6x 2.5x 1.3x 2x 1.1x 0.7x
Capitalization / Revenue 1.69x 1.49x 1.69x 1.76x 2.13x 1.85x 1.66x 1.48x
EV / Revenue 1.55x 1.39x 1.61x 1.93x 1.97x 1.69x 1.49x 1.3x
EV / EBITDA 11.2x 9.82x 13x 16.3x 14.1x 12.6x 10.7x 8.91x
EV / EBIT 16.6x 14.6x 18x 25x 20.3x 17.9x 14.7x 11.7x
EV / FCF 22.9x 21.4x 24x 30x 35.8x 29.4x 21.2x 16.1x
FCF Yield 4.36% 4.67% 4.16% 3.33% 2.79% 3.4% 4.71% 6.22%
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% 1.81% 2.12% 2.63%
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 2 112.36 111.02 139.78 154.78 198.40 189.30 189.30 189.30
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.($)
35.47x6.56x27.49x0.58% 321B
30.62x2.87x17.02x1.55% 249B
25.47x1.69x12.58x1.81% 169B
34.84x5.07x21.3x0.98% 162B
33.06x3.63x16.44x1.25% 154B
-713.16x1.79x40.52x-.--% 153B
16.58x1.61x11.61x2.77% 117B
42x9.46x29.35x0.22% 92.23B
19.42x1.65x13.5x1.91% 89.17B
Average -52.86x 3.81x 21.09x 1.23% 167.33B
Weighted average by Cap. -44.83x 3.96x 21.67x 1.16%

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