Valuation BAE Systems plc

Stocks

Market Closed - London S.E. 11:35:16 2026-10-12 EDT			5-day change	1st Jan Change
1,882.50 ^GBX	+1.21%		-2.66%	+9.83%

10-12	BAE Systems Unveils Multi-Domain Artillery Cannon System And High Power Microwave At AUSA 2026	CI
10-12	European preference for defence procurement not yet a reality, MBDA CEO says	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	17,381	26,285	33,599	34,267	51,026	53,247	-	-
Change	-	51.22%	27.83%	1.99%	48.91%	4.35%	-	-
Enterprise Value (EV) ¹	19,541	28,308	36,063	41,142	56,639	58,030	57,415	56,507
Change	-	44.86%	27.4%	14.08%	37.67%	2.46%	-1.06%	-1.58%
P/E	10.1x	17x	18.4x	17.9x	25.2x	24.4x	21x	18.5x
PBR	2.36x	2.35x	3.21x	2.98x	4.36x	4.52x	4.2x	3.88x
PEG	-	-2.21x	0.9x	2.92x	4.14x	1.8x	1.3x	1.4x
Capitalization / Revenue	0.82x	1.13x	1.33x	1.21x	1.66x	1.6x	1.47x	1.36x
EV / Revenue	0.92x	1.22x	1.43x	1.45x	1.85x	1.75x	1.59x	1.44x
EV / EBITDA	6.68x	8.72x	10.4x	10x	12.6x	12.2x	11x	10x
EV / EBIT	8.86x	11.4x	13.4x	13.6x	17x	15.8x	14x	12.6x
EV / FCF	10.5x	13.2x	13.9x	16.4x	26.2x	24.7x	21.9x	19.1x
FCF Yield	9.54%	7.58%	7.19%	6.09%	3.81%	4.05%	4.56%	5.25%
Dividend per Share ²	0.251	0.27	0.3	0.33	0.363	0.3976	0.4476	0.5026
Rate of return	4.57%	3.15%	2.7%	2.87%	2.12%	2.11%	2.38%	2.67%
EPS ²	0.547	0.505	0.604	0.641	0.68	0.7704	0.8979	1.016
Distribution rate	45.9%	53.5%	49.7%	51.5%	53.4%	51.6%	49.8%	49.5%
Net sales ¹	21,310	23,256	25,284	28,335	30,662	33,211	36,216	39,176
EBITDA ¹	2,925	3,246	3,469	4,112	4,495	4,754	5,199	5,646
EBIT ¹	2,205	2,479	2,682	3,015	3,322	3,681	4,096	4,503
Net income ¹	1,758	1,591	1,857	1,956	2,062	2,269	2,597	2,903
Net Debt ¹	2,160	2,023	2,464	6,875	5,613	4,783	4,168	3,260
Reference price ²	5.50	8.56	11.10	11.48	17.14	18.82	18.82	18.82
Nbr of stocks (in thousands)	3,161,416	3,070,678	3,025,615	2,983,629	2,977,003	2,828,530	-	-
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	24.14x	1.73x	12.07x	2.14%	69.62B
GE AEROSPACE	35.42x	6.52x	27.34x	0.58%	320B
RTX CORPORATION	30.81x	2.89x	17.13x	1.54%	251B
AIRBUS SE	25.31x	1.68x	12.48x	1.82%	166B
ROLLS-ROYCE HOLDINGS PLC	32.33x	4.74x	19.79x	1.06%	152B
BOEING	-591.34x	1.77x	40.21x	-.--%	150B
SAFRAN	31.68x	3.47x	15.72x	1.3%	147B
LOCKHEED MARTIN CORPORATION	16.75x	1.63x	11.63x	2.75%	118B
HOWMET AEROSPACE INC.	40.91x	9.23x	28.62x	0.23%	89.83B
GENERAL DYNAMICS CORPORATION	19.49x	1.65x	13.53x	1.9%	89.49B
Average	-33.45x	3.53x	19.85x	1.33%	155.28B
Weighted average by Cap.	-30.32x	3.78x	20.91x	1.22%