AM Relative Valuation - Dassault Aviation SA - Alpha Spread

Dassault Aviation SA
PAR:AM

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Dassault Aviation SA
PAR:AM
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Price: 191.3 EUR 0.95% Market Closed
Market Cap: 15B EUR
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Relative Value

The Relative Value of one AM stock under the Base Case scenario is 158.79 EUR. Compared to the current market price of 191.3 EUR, Dassault Aviation SA is Overvalued by 17%.

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
158.79 EUR
Overvaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
46
Median 3Y
1.9
Median 5Y
1.5
Industry
3
Forward
2.4
vs History
33
vs Industry
48
Median 3Y
18.4
Median 5Y
17.8
Industry
30.4
Forward
15.4
vs History
31
vs Industry
51
Median 3Y
5.2
Median 5Y
3.5
Industry
19.3
vs History
6
vs Industry
37
Median 3Y
4
Median 5Y
-3.8
Industry
23.7
vs History
12
vs Industry
52
Median 3Y
2.3
Median 5Y
2.1
Industry
2.8
vs History
11
vs Industry
77
Median 3Y
0.9
Median 5Y
0.7
Industry
2.9
Forward
1
vs History
25
vs Industry
76
Median 3Y
2.7
Median 5Y
2.4
Industry
10.7
vs History
14
vs Industry
42
Median 3Y
9.4
Median 5Y
6.3
Industry
18.3
Forward
8.9
vs History
12
vs Industry
48
Median 3Y
12.5
Median 5Y
10.6
Industry
24.1
Forward
11.2
vs History
34
vs Industry
54
Median 3Y
2
Median 5Y
1.5
Industry
20.9
vs History
17
vs Industry
41
Median 3Y
1.9
Median 5Y
-3.2
Industry
28
vs History
69
vs Industry
89
Median 3Y
0.5
Median 5Y
0.4
Industry
1.9

Multiples Across Competitors

AM Competitors Multiples
Dassault Aviation SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Dassault Aviation SA
PAR:AM
15B EUR 3 18.6 12.5 17.3
US
RTX Corp
LSE:0R2N
159.6B USD 2.2 70.6 27.6 69.8
US
Raytheon Technologies Corp
NYSE:RTX
158.5B USD 2.2 70.1 27.4 69.4
US
Lockheed Martin Corp
NYSE:LMT
135.1B USD 1.9 20.1 14.9 17.5
NL
Airbus SE
XETRA:AIR
103.3B EUR 1.6 33.5 16 26.2
US
Boeing Co
NYSE:BA
96.5B USD 1.3 -28 6 525.6 -75.7
FR
Safran SA
PAR:SAF
85.5B EUR 3.3 52.2 16.7 22.9
US
General Dynamics Corp
NYSE:GD
83.8B USD 1.9 23.6 16.6 19.8
US
TransDigm Group Inc
NYSE:TDG
76.7B USD 10.1 49.2 24.9 27
US
Northrop Grumman Corp
NYSE:NOC
76.1B USD 1.9 33.3 21.2 31.5
UK
Rolls-Royce Holdings PLC
LSE:RR
42.6B GBP 2.4 18.3 12.9 16.4

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