(AIR) Airbus SE - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: PA (France) | Market Cap: 132.002m EUR | Total Return: 7.1% in 12m
Industry Rotation: +5.2
Avg Turnover: 233M
EPS Trend: 18.7%
Qual. Beats: 0
Rev. Trend: 97.9%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Airbus SE (AIR) is a global aerospace and defense leader headquartered in the Netherlands. The company operates through three primary divisions: Airbus (commercial aircraft), Airbus Helicopters (civil and military rotorcraft), and Airbus Defence and Space (military aircraft, space systems, and cybersecurity). Its portfolio ranges from narrow-body and wide-body passenger jets to uncrewed aerial systems and satellite telecommunications infrastructure.
The commercial aviation sector operates as a global duopoly, where high barriers to entry and multi-year order backlogs dictate long-term revenue cycles. Airbus utilizes a diversified business model where stable defense and government contracts often provide a hedge against the cyclical nature of commercial air travel demand.
Investors can further evaluate these market dynamics and valuation metrics on ValueRay. Airbus continues to focus on decarbonization through hydrogen-powered flight initiatives and the modernization of its freighter and regional turboprop segments.
- Commercial aircraft delivery volume and order backlog drive long-term revenue growth
- Supply chain disruptions and engine availability delay narrow-body production ramp-up
- Global defense spending increases bolster military aircraft and space segment margins
- Euro to US Dollar exchange rate fluctuations impact international competitiveness and earnings
- Research and development costs for hydrogen-powered aircraft influence future capital allocation
| Net Income: 5.01b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -2.73 > 1.0 |
| NWC/Revenue: 12.03% < 20% (prev 15.16%; Δ -3.13% < -1%) |
| CFO/TA 0.04 > 3% & CFO 5.91b > Net Income 5.01b |
| Net Debt (2.07b) to EBITDA (8.46b): 0.24 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (788.6m) vs 12m ago 0.01% < -2% |
| Gross Margin: 14.68% > 18% (prev 0.15%; Δ 1.45k% > 0.5%) |
| Asset Turnover: 53.51% > 50% (prev 52.83%; Δ 0.68% > 0%) |
| Interest Coverage Ratio: 6.96 > 6 (EBITDA TTM 8.46b / Interest Expense TTM 756.0m) |
| A: 0.06 (Total Current Assets 75.94b - Total Current Liabilities 67.21b) / Total Assets 138.70b |
| B: 0.17 (Retained Earnings 23.28b / Total Assets 138.70b) |
| C: 0.04 (EBIT TTM 5.26b / Avg Total Assets 135.55b) |
| D: 0.21 (Book Value of Equity 23.04b / Total Liabilities 108.91b) |
| Altman-Z'' = 1.44 = BB |
| DSRI: 1.45 (Receivables 11.07b/7.38b, Revenue 72.53b/69.94b) |
| GMI: 1.03 (GM 14.68% / 15.18%) |
| AQI: 0.97 (AQ_t 0.30 / AQ_t-1 0.31) |
| SGI: 1.04 (Revenue 72.53b / 69.94b) |
| TATA: -0.01 (NI 5.01b - CFO 5.91b) / TA 138.70b) |
| Beneish M = -2.63 (Cap -4..+1) = A |
Over the past week, the price has changed by +1.10%, over one month by +1.97%, over three months by -5.73% and over the past year by +7.06%.
| Analysts Target Price | - | - |
P/E Trailing = 26.4479
P/E Forward = 25.0
P/S = 1.82
P/B = 5.4274
P/EG = 1.5763
Revenue TTM = 72.53b EUR
EBIT TTM = 5.26b EUR
EBITDA TTM = 8.46b EUR
Long Term Debt = 7.01b EUR (from longTermDebt, last quarter)
Short Term Debt = 5.51b EUR (from shortTermDebt, last quarter)
Debt = 16.94b EUR (from shortLongTermDebtTotal, last quarter) + Leases 2.37b
Net Debt = 2.07b EUR (calculated: Debt 16.94b - CCE 14.87b)
Enterprise Value = 134.07b EUR (132.00b + Debt 16.94b - CCE 14.87b)
Interest Coverage Ratio = 6.96 (Ebit TTM 5.26b / Interest Expense TTM 756.0m)
EV/FCF = 69.65x (Enterprise Value 134.07b / FCF TTM 1.93b)
FCF Yield = 1.44% (FCF TTM 1.93b / Enterprise Value 134.07b)
FCF Margin = 2.65% (FCF TTM 1.93b / Revenue TTM 72.53b)
Net Margin = 6.91% (Net Income TTM 5.01b / Revenue TTM 72.53b)
Gross Margin = 14.68% ((Revenue TTM 72.53b - Cost of Revenue TTM 61.88b) / Revenue TTM)
Gross Margin QoQ = 12.30% (prev 14.59%)
Tobins Q-Ratio = 0.97 (Enterprise Value 134.07b / Total Assets 138.70b)
Interest Expense / Debt = 1.03% (Interest Expense 175.0m / Debt 16.94b)
Taxrate = 20.14% (139.0m / 690.0m)
NOPAT = 4.20b (EBIT 5.26b * (1 - 20.14%))
Current Ratio = 1.13 (Total Current Assets 75.94b / Total Current Liabilities 67.21b)
Debt / Equity = 0.65 (Debt 16.94b / totalStockholderEquity, last quarter 26.09b)
Debt / EBITDA = 0.24 (Net Debt 2.07b / EBITDA 8.46b)
Debt / FCF = 1.07 (Net Debt 2.07b / FCF TTM 1.93b)
Total Stockholder Equity = 25.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.70% (Net Income 5.01b / Total Assets 138.70b)
RoE = 19.56% (Net Income TTM 5.01b / Total Stockholder Equity 25.63b)
RoCE = 16.13% (EBIT 5.26b / Capital Employed (Equity 25.63b + L.T.Debt 7.01b))
RoIC = 6.76% (NOPAT 4.20b / Invested Capital 62.13b)
WACC = 7.49% (E(132.00b)/V(148.94b) * Re(8.34%) + D(16.94b)/V(148.94b) * Rd(1.03%) * (1-Tc(0.20)))
Discount Rate = 8.34% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -17.98 | Cagr: -0.07%
[DCF] Terminal Value 79.55% ; FCFF base≈3.34b ; Y1≈3.14b ; Y5≈2.94b
[DCF] Fair Price = 72.55 (EV 59.18b - Net Debt 2.07b = Equity 57.11b / Shares 787.2m; r=7.49% [WACC]; 5y FCF grow -7.69% → 3.0% )
EPS Correlation: 18.66 | EPS CAGR: 2.57% | SUE: -0.28 | # QB: 0
Revenue Correlation: 97.89 | Revenue CAGR: 6.13% | SUE: -0.46 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.45 | Chg30d=-15.49% | Revisions=-33% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.95 | Chg30d=+16.67% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=7.19 | Chg30d=+0.29% | Revisions=-33% | GrowthEPS=+4.3% | GrowthRev=+9.6%
EPS next Year (2027-12-31): EPS=8.60 | Chg30d=+0.66% | Revisions=-38% | GrowthEPS=+19.7% | GrowthRev=+11.4%
[Analyst] Revisions Ratio: -38%