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Airbus SE
PAR:AIR

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Airbus SE
PAR:AIR
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Price: 170.52 EUR -3.32% Market Closed
Market Cap: €135.1B

EV/EBIT

22.3
Current
13%
Cheaper
vs 3-y average of 25.7

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
22.3
=
Enterprise Value
€136.9B
/
EBIT
€5.8B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
22.3
=
Enterprise Value
€136.9B
/
EBIT
€5.8B

Valuation Scenarios

Airbus SE is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (25.7), the stock would be worth €196.84 (15% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-30%
Maximum Upside
+37%
Average Upside
7%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 22.3 €170.52
0%
3-Year Average 25.7 €196.84
+15%
5-Year Average 23.7 €181.26
+6%
Industry Average 30.4 €233.13
+37%
Country Average 15.6 €119.63
-30%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€136.9B
/
Jan 2026
€5.8B
=
22.3
Current
€136.9B
/
Dec 2026
€7.8B
=
17.6
Forward
€136.9B
/
Dec 2027
€9.2B
=
14.8
Forward
€136.9B
/
Dec 2028
€11.3B
=
12.1
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
NL
Airbus SE
PAR:AIR
134.2B EUR 22.3 25.7
US
Raytheon Technologies Corp
NYSE:RTX
251B USD 30 37.3
US
RTX Corp
LSE:0R2N
252.1B USD 30 37.4
US
Boeing Co
NYSE:BA
172B USD -34.8 91
FR
Safran SA
PAR:SAF
118.6B EUR 26.1 16.5
UK
Rolls-Royce Holdings PLC
LSE:RR
99.7B GBP 21.8 17.1
US
Lockheed Martin Corp
NYSE:LMT
131B USD 18.9 26.1
US
Howmet Aerospace Inc
NYSE:HWM
99.5B USD 47.6 66.1
US
Northrop Grumman Corp
NYSE:NOC
86.8B USD 22.7 20.8
UK
BAE Systems PLC
LSE:BA
64.4B GBP 25.8 31.2
US
General Dynamics Corp
NYSE:GD
88B USD 17.4 20.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Airbus SE
PAR:AIR
Average EV/EBIT: 26.2
22.3
25%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
30
17%
1.8
US
RTX Corp
LSE:0R2N
30
17%
1.8
US
Boeing Co
NYSE:BA
Negative Multiple: -34.8 N/A N/A
FR
Safran SA
PAR:SAF
26.1
20%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
21.8
4%
5.4
US
Lockheed Martin Corp
NYSE:LMT
18.9
11%
1.7
US
Howmet Aerospace Inc
NYSE:HWM
47.6
17%
2.8
US
Northrop Grumman Corp
NYSE:NOC
22.7
8%
2.8
UK
BAE Systems PLC
LSE:BA
25.8
19%
1.4
US
General Dynamics Corp
NYSE:GD
17.4
8%
2.2

Market Distribution

Higher than 72% of companies in Netherlands
Percentile
72st
Based on 400 companies
72st percentile
22.3
Low
0 — 12.2
Typical Range
12.2 — 20.9
High
20.9 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 12.2
Median 15.6
70th Percentile 20.9
Max 706

Airbus SE
Glance View

In the competitive skies of the global aerospace industry, Airbus SE stands as a formidable leader, weaving together innovation, efficiency, and strategic vision. Originating from a consortium of several European aerospace entities in 1970, it was created to challenge the dominance of American manufacturers in the commercial aircraft market. Airbus quickly became synonymous with technological advancement—it was the first company to introduce digital fly-by-wire control systems in commercial aircraft, a leap that has defined modern aviation. Over the years, the company’s portfolio has expanded significantly, ranging from commercial airliners like the A320 and A350 families to military aircraft and helicopters. The diverse offerings have cemented its position as a pivotal player in shaping aviation technology and expanding global connectivity. The financial heartbeat of Airbus is driven by its Commercial Aircraft division, which constitutes the bulk of its revenue. With airlines and lessors around the globe vying for Airbus’s fuel-efficient aeroplanes, the company has successfully capitalized on the burgeoning demand for air travel. By maintaining a strong order book, Airbus ensures a steady revenue stream, manifesting from both aircraft sales and a suite of after-sales services, including maintenance and spare parts provision. Complementing this revenue channel is Airbus’s Defense and Space division, offering military aircraft, satellite systems, and related services. In addition, its Helicopters division caters to a wide array of civilian and military operations worldwide. Through a strategic blend of continuous innovation, timely delivery, and regulatory compliance, Airbus adeptly navigates the complex landscape of the aerospace market, generating sustained profitability and driving shareholder value.

AIR Intrinsic Value
163.44 EUR
Overvaluation 4%
Intrinsic Value
Price €170.52
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