Dassault Aviation SA
PAR:AM

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Dassault Aviation SA
PAR:AM
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Price: 291.4 EUR 0.28% Market Closed
Market Cap: 22.8B EUR

Relative Value

The Relative Value of one AM stock under the Base Case scenario is 203.98 EUR. Compared to the current market price of 291.4 EUR, Dassault Aviation SA is Overvalued by 30%.

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.

AM Relative Value
Base Case
203.98 EUR
Overvaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
41
Median 3Y
2.4
Median 5Y
1.7
Industry
3.6
Forward
3.1
vs History
4
vs Industry
44
Median 3Y
18.3
Median 5Y
18.1
Industry
32
Forward
20
vs History
11
vs Industry
44
Median 3Y
5.9
Median 5Y
3.9
Industry
20.8
vs History
1
vs Industry
35
Median 3Y
6.8
Median 5Y
2.7
Industry
28.9
vs History
1
vs Industry
31
Median 3Y
2.4
Median 5Y
2.1
Industry
3.4
vs History
1
vs Industry
55
Median 3Y
1.1
Median 5Y
0.8
Industry
3.5
Forward
2
vs History
1
vs Industry
65
Median 3Y
3.1
Median 5Y
2.5
Industry
12
vs History
1
vs Industry
25
Median 3Y
9.8
Median 5Y
9.7
Industry
20.8
Forward
16.4
vs History
1
vs Industry
31
Median 3Y
13.3
Median 5Y
12.3
Industry
27
Forward
20.1
vs History
11
vs Industry
52
Median 3Y
2.4
Median 5Y
1.7
Industry
22.6
vs History
1
vs Industry
39
Median 3Y
2.9
Median 5Y
0.8
Industry
29
vs History
4
vs Industry
80
Median 3Y
0.5
Median 5Y
0.4
Industry
2.5

Multiples Across Competitors

AM Competitors Multiples
Dassault Aviation SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Dassault Aviation SA
PAR:AM
22.8B EUR 3.7 24.7 19.9 26.7
US
Raytheon Technologies Corp
NYSE:RTX
170.9B USD 2.1 35.8 19.6 33.8
US
RTX Corp
LSE:0R2N
167.3B USD 2.1 35 19.3 33.2
NL
Airbus SE
PAR:AIR
106.3B EUR 1.5 25.1 13.3 21
US
Boeing Co
NYSE:BA
117.5B USD 1.8 -9.9 -16 -13.3
US
Lockheed Martin Corp
NYSE:LMT
112.1B USD 1.6 21 15 18.2
FR
Safran SA
PAR:SAF
85.3B EUR 3.1 -127.9 15.3 20.7
US
Northrop Grumman Corp
NYSE:NOC
77.4B USD 1.9 18.5 15.3 20.1
UK
Rolls-Royce Holdings PLC
LSE:RR
59B GBP 3.1 23.4 17.8 24.6
US
General Dynamics Corp
NYSE:GD
74.8B USD 1.6 19.8 14.2 16.9
US
TransDigm Group Inc
NYSE:TDG
73.6B USD 9 44.8 23 25
P/E Multiple
Earnings Growth PEG
FR
Dassault Aviation SA
PAR:AM
Average P/E: 27.6
24.7
19%
1.3
US
Raytheon Technologies Corp
NYSE:RTX
35.8
29%
1.2
US
RTX Corp
LSE:0R2N
35
28%
1.3
NL
Airbus SE
PAR:AIR
25.1
22%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -9.9 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
21
12%
1.8
FR
Safran SA
PAR:SAF
Negative Multiple: -127.9 N/A N/A
US
Northrop Grumman Corp
NYSE:NOC
18.5
3%
6.2
UK
Rolls-Royce Holdings PLC
LSE:RR
23.4
2%
11.7
US
General Dynamics Corp
NYSE:GD
19.8
10%
2
US
TransDigm Group Inc
NYSE:TDG
44.8
24%
1.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FR
Dassault Aviation SA
PAR:AM
Average EV/EBITDA: 17.3
19.9
22%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
19.6
17%
1.2
US
RTX Corp
LSE:0R2N
19.3
17%
1.1
NL
Airbus SE
PAR:AIR
13.3
20%
0.7
US
Boeing Co
NYSE:BA
Negative Multiple: -16 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
15
10%
1.5
FR
Safran SA
PAR:SAF
15.3
13%
1.2
US
Northrop Grumman Corp
NYSE:NOC
15.3
5%
3.1
UK
Rolls-Royce Holdings PLC
LSE:RR
17.8
12%
1.5
US
General Dynamics Corp
NYSE:GD
14.2
8%
1.8
US
TransDigm Group Inc
NYSE:TDG
23
13%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FR
Dassault Aviation SA
PAR:AM
Average EV/EBIT: 24
26.7
24%
1.1
US
Raytheon Technologies Corp
NYSE:RTX
33.8
27%
1.3
US
RTX Corp
LSE:0R2N
33.2
27%
1.2
NL
Airbus SE
PAR:AIR
21
28%
0.7
US
Boeing Co
NYSE:BA
Negative Multiple: -13.3 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
18.2
12%
1.5
FR
Safran SA
PAR:SAF
20.7
17%
1.2
US
Northrop Grumman Corp
NYSE:NOC
20.1
5%
4
UK
Rolls-Royce Holdings PLC
LSE:RR
24.6
15%
1.6
US
General Dynamics Corp
NYSE:GD
16.9
9%
1.9
US
TransDigm Group Inc
NYSE:TDG
25
12%
2.1