Financials Airbus SE

Equities

AIR

NL0000235190

Aerospace & Defense

Market Closed - Euronext Paris 11:35:18 2024-04-30 am EDT Pre-market 02:55:05 am
154.7 EUR -0.78% Intraday chart for Airbus SE 154.4 -0.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 102,110 70,321 88,298 87,427 110,311 122,340 - -
Enterprise Value (EV) 1 89,576 66,009 80,655 81,950 105,337 110,519 106,138 101,841
P/E ratio -74.6 x -61.9 x 21 x 20.6 x 29.1 x 24.4 x 18.8 x 15.6 x
Yield - - 1.33% 1.62% 1.29% 1.46% 1.9% 2.37%
Capitalization / Revenue 1.45 x 1.41 x 1.69 x 1.49 x 1.69 x 1.72 x 1.51 x 1.34 x
EV / Revenue 1.27 x 1.32 x 1.55 x 1.39 x 1.61 x 1.55 x 1.31 x 1.12 x
EV / EBITDA 9.07 x 14.5 x 11.2 x 9.82 x 13 x 12.1 x 9.29 x 7.63 x
EV / FCF 63.4 x -9.19 x 22.9 x 17.5 x 24 x 28 x 17.3 x 14.6 x
FCF Yield 1.58% -10.9% 4.36% 5.71% 4.16% 3.57% 5.77% 6.84%
Price to Book 17.1 x 10.9 x 9.33 x 6.75 x 6.22 x 5.81 x 4.76 x 3.91 x
Nbr of stocks (in thousands) 782,573 783,254 785,848 787,488 789,177 790,924 - -
Reference price 2 130.5 89.78 112.4 111.0 139.8 154.7 154.7 154.7
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 70,478 49,912 52,149 58,763 65,446 71,311 80,951 91,070
EBITDA 1 9,873 4,537 7,190 8,343 8,080 9,098 11,425 13,355
EBIT 1 6,946 1,706 4,865 5,627 5,838 6,733 8,595 10,521
Operating Margin 9.86% 3.42% 9.33% 9.58% 8.92% 9.44% 10.62% 11.55%
Earnings before Tax (EBT) 1 1,064 -1,130 5,027 5,075 4,769 6,677 8,196 9,532
Net income 1 -1,362 -1,133 4,213 4,247 3,789 4,926 6,412 7,698
Net margin -1.93% -2.27% 8.08% 7.23% 5.79% 6.91% 7.92% 8.45%
EPS 2 -1.750 -1.450 5.360 5.400 4.800 6.347 8.245 9.932
Free Cash Flow 1 1,413 -7,179 3,515 4,680 4,386 3,941 6,123 6,967
FCF margin 2% -14.38% 6.74% 7.96% 6.7% 5.53% 7.56% 7.65%
FCF Conversion (EBITDA) 14.31% - 48.89% 56.09% 54.28% 43.32% 53.59% 52.17%
FCF Conversion (Net income) - - 83.43% 110.2% 115.76% 80% 95.49% 90.5%
Dividend per Share 2 - - 1.500 1.800 1.800 2.252 2.946 3.662
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 39,612 18,948 30,964 24,637 16,994 12,000 12,810 24,810 13,309 20,644 11,763 15,900 27,663 14,897 22,886 - 17,353 16,670 24,547 16,479 20,022
EBITDA 1 - - - - 2,180 1,848 1,953 - 1,320 - 1,268 2,392 - 1,580 2,840 - 2,368 2,095 3,874 - -
EBIT 1 - -945 2,651 2,703 1,496 1,263 1,382 2,645 836 2,146 773 1,845 2,618 1,013 2,207 577 1,851 1,485 2,594 2,111 2,952
Operating Margin - -4.99% 8.56% 10.97% 8.8% 10.53% 10.79% 10.66% 6.28% 10.4% 6.57% 11.6% 9.46% 6.8% 9.64% - 10.67% 8.91% 10.57% 12.81% 14.74%
Earnings before Tax (EBT) - -1,988 - - 1,762 1,595 1,091 2,686 560 1,829 539 1,450 - 954 - - - - - - -
Net income 1 - -1,919 - - 1,578 1,219 682 1,901 667 1,679 466 1,060 1,526 806 1,457 - 1,319 1,094 2,078 - -
Net margin - -10.13% - - 9.29% 10.16% 5.32% 7.66% 5.01% 8.13% 3.96% 6.67% 5.52% 5.41% 6.37% - 7.6% 6.57% 8.46% - -
EPS 2 - -2.450 - - 2.000 1.550 0.8700 - 0.8500 2.130 0.5900 1.340 1.940 1.020 1.850 0.7600 1.650 1.354 2.631 - -
Dividend per Share 2 - - - - 1.500 - - - - 1.800 - - - - 1.800 - 0.9750 - 1.148 - 1.050
Announcement Date 2/13/20 7/30/20 2/18/21 7/29/21 2/17/22 5/4/22 7/27/22 7/27/22 10/28/22 2/16/23 5/3/23 7/26/23 7/26/23 11/8/23 2/15/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 12,534 4,312 7,643 5,477 4,974 11,821 16,202 20,499
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,413 -7,179 3,515 4,680 4,386 3,941 6,123 6,967
ROE (net income / shareholders' equity) 60.1% 17.1% 42.7% 37.9% 28.8% 25.7% 27.9% 27.8%
ROA (Net income/ Total Assets) 4.11% 0.95% 3.13% 3.64% 3.76% 3.75% 5.14% 5.61%
Assets 1 -33,163 -119,419 134,652 116,775 100,715 131,368 124,746 137,335
Book Value Per Share 2 7.640 8.220 12.00 16.40 22.50 26.60 32.50 39.60
Cash Flow per Share 2 4.830 -6.920 5.900 7.980 7.930 10.10 12.50 14.80
Capex 1 2,340 1,759 1,928 2,464 3,051 2,878 3,147 3,383
Capex / Sales 3.32% 3.52% 3.7% 4.19% 4.66% 4.04% 3.89% 3.71%
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
154.7 EUR
Average target price
178.4 EUR
Spread / Average Target
+15.33%
Consensus