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BSP.DE$22.26+0.00%
Fair $22.26+0.0%

BSP.DE

BAE Systems plc

Industrials / Aerospace & DefenseXETRA

$22.26

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $22.26Fund rank 37/100 · Data gapFallback financials|
SA 32/D
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $2.8B · quality 74.7/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 89/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

32/100

D

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · BSP.DELocal privado en este navegador · BAE Systems plc
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$65.3B

P/E

28.2x

↑

EV/EBITDA

17.3x

↑

ROE

17.5%

↑

Gross Margin

65.2%

↑

Debt/Equity

0.77

↑
52-Week Range$22
$18$27

TradingView lightweight chart

BSP.DE price, volumen y niveles de valoración

Último $22.26Periodo +202.9%
Fair value: $22.26

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+10.1%

FCF CAGR

+2.8%

FCF margin

8.2%

FCF / Net income

1.13x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $28.34B · net income $2.06B · FCF $2.33B

2022-FY → 2025-FY

Gross margin

65.2%-1.4% pts

Operating margin

9.5%-0.5% pts

Net margin

7.3%-0.2% pts

FCF margin

8.2%-1.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$28.34B$28.34B$26.31B$23.08B$21.26B
Net Income$2.06B$2.06B$1.96B$1.86B$1.59B
EBITDA$4.24B$4.24B$3.97B$3.45B$3.06B
EPS0.680.680.640.600.51
Gross Margin65.2%65.2%65.5%65.9%66.6%
Operating Margin9.5%9.5%9.3%10.0%9.9%
Net Margin7.3%7.3%7.4%8.0%7.5%
Balance Sheet
Debt/Equity0.770.770.880.610.61
Current Ratio0.990.99———
Cash Flow
Free Cash Flow$2.33B$2.33B$2.76B$2.80B$2.15B
Returns
ROE17.5%17.5%16.8%17.6%14.2%
Valuation
P/E28.1828.1821.7322.5219.56
EV/EBITDA17.2517.2512.4412.8211.28
P/B5.735.733.663.962.74
Growth & Yield
Revenue Growth7.7%7.7%14.0%8.6%—
EPS Growth6.1%6.1%6.1%19.6%—
Dividend Yield1.9%1.9%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

42.7%

muy exigente

EPS terminal req.

$1.98

Spread vs growth

-36.6%

5Y implied EPS CAGR

28.6%

muy exigente

EPS terminal req.

$2.39

Spread vs growth

-22.5%

10Y implied EPS CAGR

18.9%

exigente

EPS terminal req.

$3.85

Spread vs growth

-12.8%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -3.7%

Total return

-3.7%

Start / end P/E

36.8x → 32.7x

EPS bridge

0.64 → 0.68

Residual

-0.7%

EPS growth+6.1%
Multiple rerating-11.0%
Dividend+1.9%
Residual / FX / buybacks / cross-term-0.7%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.