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Dassault Aviation SA
PAR:AM

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Dassault Aviation SA
PAR:AM
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Price: 291.8 EUR -1.55% Market Closed
Market Cap: €22.7B

P/OCF

12.2
Current
98%
More Expensive
vs 3-y average of 6.2

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
12.2
=
Market Cap
€26.1B
/
Operating Cash Flow
€1.8B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
12.2
=
Market Cap
€26.1B
/
Operating Cash Flow
€1.8B

Valuation Scenarios

Dassault Aviation SA is trading above its 3-year average

If P/OCF returns to its 3-Year Average (6.2), the stock would be worth €147.39 (49% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-50%
Maximum Upside
+44%
Average Downside
25%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 12.2 €291.8
0%
3-Year Average 6.2 €147.39
-49%
5-Year Average 6.1 €144.91
-50%
Industry Average 17.6 €420.64
+44%
Country Average 6.7 €160.69
-45%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
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Market Distribution

Higher than 71% of companies in France
Percentile
71th
Based on 1 511 companies
71th percentile
12.2
Low
0 — 4.4
Typical Range
4.4 — 12
High
12 —
Distribution Statistics
France
Min 0
30th Percentile 4.4
Median 6.7
70th Percentile 12
Max 2 287.4

Dassault Aviation SA
Glance View

Dassault Aviation SA is a prominent figure in the aerospace sector, crafting a reputation for its cutting-edge design and engineering expertise. Rooted in the tradition of its founder, Marcel Dassault, the company has seamlessly navigated the complex interplay between military and civilian aviation needs since its inception. Dassault’s hallmark lies in its meticulous craftsmanship of military jets, notably the famed Rafale fighter, which has become a cornerstone of its operations. This multifaceted aircraft not only exemplifies the company’s technological prowess but also serves as a strategic instrument in national defense frameworks across the globe. The Rafale's performance and adaptability in various combat scenarios drive substantial revenue through government contracts. These long-term agreements not only secure steady income but also ensure Dassault’s continued involvement in defense innovation and international military collaborations. Complementing its military segment is Dassault’s strategic venture into the luxury private jet market with the Falcon series. These aircraft are a testament to the company’s ability to transpose its high-performance military technology into bespoke civilian planes, catering to a clientele that demands sophistication and reliability. The Falcon jets, with their blend of advanced technology and opulent design, appeal to affluent individuals and corporate entities, enriching Dassault’s revenue streams. This dual focus on military and civilian aviation allows Dassault Aviation to maintain a robust financial posture, characterized by diversified income sources and resilience against fluctuations in either market. As a stalwart of the aerospace industry, Dassault continues to innovate, sticking steadfastly to its dual strategy of leveraging military advancements to enhance civilian aircraft offerings, ensuring its esteemed place in the global aviation arena.

AM Intrinsic Value
241.6 EUR
Overvaluation 17%
Intrinsic Value
Price €291.8
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