Airbus SE
PAR:AIR

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Airbus SE
PAR:AIR
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Price: 168.7 EUR -1.08% Market Closed
Market Cap: 133.7B EUR

Relative Value

The Relative Value of one AIR stock under the Base Case scenario is 254.89 EUR. Compared to the current market price of 168.7 EUR, Airbus SE is Undervalued by 34%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AIR Relative Value
Base Case
254.89 EUR
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
64
Median 3Y
1.7
Median 5Y
1.6
Industry
3.9
Forward
1.7
vs History
9
vs Industry
36
Median 3Y
27.3
Median 5Y
21.1
Industry
34.1
Forward
24.4
vs History
53
vs Industry
36
Median 3Y
19
Median 5Y
18.6
Industry
22.3
vs History
38
vs Industry
20
Median 3Y
52.3
Median 5Y
40.9
Industry
30.5
vs History
68
vs Industry
19
Median 3Y
6.8
Median 5Y
8.4
Industry
3.6
vs History
1
vs Industry
67
Median 3Y
1.6
Median 5Y
1.6
Industry
3.8
Forward
1.7
vs History
11
vs Industry
48
Median 3Y
10
Median 5Y
9.6
Industry
12.9
vs History
30
vs Industry
42
Median 3Y
14.4
Median 5Y
14.4
Industry
22.3
Forward
12.7
vs History
26
vs Industry
37
Median 3Y
23.3
Median 5Y
23
Industry
28.9
Forward
17.6
vs History
55
vs Industry
41
Median 3Y
18.3
Median 5Y
18.1
Industry
23.9
vs History
41
vs Industry
23
Median 3Y
35.8
Median 5Y
32.5
Industry
32.4
vs History
3
vs Industry
68
Median 3Y
1.1
Median 5Y
1.1
Industry
2.6

Multiples Across Competitors

AIR Competitors Multiples
Airbus SE Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Airbus SE
PAR:AIR
132.9B EUR 1.9 31.4 16.4 25.8
US
Raytheon Technologies Corp
NYSE:RTX
177.7B USD 2.2 37.2 20.3 35
US
RTX Corp
LSE:0R2N
179B USD 2.2 37.5 20.4 35.2
US
Boeing Co
NYSE:BA
134.2B USD 2 -11.3 -17.9 -14.8
FR
Safran SA
PAR:SAF
103.5B EUR 3.7 -155.2 19 25.7
US
Lockheed Martin Corp
NYSE:LMT
104.4B USD 1.5 19.6 14.1 17.1
UK
Rolls-Royce Holdings PLC
LSE:RR
67.8B GBP 3.6 26.9 19.4 24.2
US
TransDigm Group Inc
NYSE:TDG
77.6B USD 9.5 47.2 24 26
US
Northrop Grumman Corp
NYSE:NOC
74.5B USD 1.8 17.8 14.8 19.4
US
General Dynamics Corp
NYSE:GD
72.9B USD 1.5 19.3 13.9 16.4
DE
Rheinmetall AG
XETRA:RHM
58.6B EUR 6 81.8 32.8 42.2
P/E Multiple
Earnings Growth PEG
NL
Airbus SE
PAR:AIR
Average P/E: 35.4
31.4
24%
1.3
US
Raytheon Technologies Corp
NYSE:RTX
37.2
28%
1.3
US
RTX Corp
LSE:0R2N
37.5
28%
1.3
US
Boeing Co
NYSE:BA
Negative Multiple: -11.3 N/A N/A
FR
Safran SA
PAR:SAF
Negative Multiple: -155.2 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
19.6
12%
1.6
UK
Rolls-Royce Holdings PLC
LSE:RR
26.9
-2%
N/A
US
TransDigm Group Inc
NYSE:TDG
47.2
24%
2
US
Northrop Grumman Corp
NYSE:NOC
17.8
3%
5.9
US
General Dynamics Corp
NYSE:GD
19.3
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
81.8
46%
1.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Airbus SE
PAR:AIR
Average EV/EBITDA: 19.5
16.4
20%
0.8
US
Raytheon Technologies Corp
NYSE:RTX
20.3
17%
1.2
US
RTX Corp
LSE:0R2N
20.4
17%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -17.9 N/A N/A
FR
Safran SA
PAR:SAF
19
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
14.1
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
19.4
10%
1.9
US
TransDigm Group Inc
NYSE:TDG
24
13%
1.8
US
Northrop Grumman Corp
NYSE:NOC
14.8
5%
3
US
General Dynamics Corp
NYSE:GD
13.9
8%
1.7
DE
Rheinmetall AG
XETRA:RHM
32.8
35%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Airbus SE
PAR:AIR
Average EV/EBIT: 26.7
25.8
28%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
35
27%
1.3
US
RTX Corp
LSE:0R2N
35.2
27%
1.3
US
Boeing Co
NYSE:BA
Negative Multiple: -14.8 N/A N/A
FR
Safran SA
PAR:SAF
25.7
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
17.1
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
24.2
9%
2.7
US
TransDigm Group Inc
NYSE:TDG
26
12%
2.2
US
Northrop Grumman Corp
NYSE:NOC
19.4
5%
3.9
US
General Dynamics Corp
NYSE:GD
16.4
9%
1.8
DE
Rheinmetall AG
XETRA:RHM
42.2
39%
1.1