Dassault Aviation AM.PA
Dassault Aviation is a French manufacturer of fighter jets (Rafale) and business jets (Falcon), with a business model based on government defense contracts and sales to high-net-worth private clients. Dassault Aviation shows solid financial health with a net cash position (ND/EBITDA of -10.51) and exceptional revenue growth of 45.10%, driven by defense demand. Valuation is reasonable (P/E 22.84) and the defense business provides structural visibility, although the operating margin of 7.70% is moderate.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Dassault Aviation is a French manufacturer of fighter jets (Rafale) and business jets (Falcon), with a business model based on government defense contracts and sales to high-net-worth private clients. Dassault Aviation shows solid financial health with a net cash position (ND/EBITDA of -10.51) and exceptional revenue growth of 45.10%, driven by defense demand. Valuation is reasonable (P/E 22.84) and the defense business provides structural visibility, although the operating margin of 7.70% is moderate.
Score by category
| Category | Score |
|---|---|
| Financial health | 7.7 |
| Quality / Moat | 6.2 |
| Valuation | 5.9 |
| Growth | 8.1 |
| Dividend | 6.2 |
| Momentum | 5.1 |
| Risk & Context | 7.4 |
OVERALL SCORE: 6.6/10
Context and risks
The rise in European interest rates (ECB) makes debt refinancing more expensive, although Dassault's net cash position mitigates this. The main risk is geopolitical: tensions in the Middle East and the closure of Ormuz could affect the supply chain and demand for business jets, although the effect is indirect and not material in current numbers.
News considered in the analysis
- 3 Large Cap Stocks Investors Are Watching As Policy Shifts Reshape Demand — Listículo genérico sin información específica sobre Dassault Aviation.
- Losing to Win: A VC Lens Will Find the Next Nvidia — Artículo de opinión sobre capital riesgo, sin relación con Dassault Aviation.
- How AMN’s Nurse and Allied Rebound Amid Segment Weakness Has Changed Its Investment Story (AMN) — Noticia sobre AMN Healthcare, no sobre Dassault Aviation.
- Implied Volatility Surging for AMN Healthcare Stock Options — Noticia sobre AMN Healthcare, no sobre Dassault Aviation.
- AMN Healthcare (AMN) Swings To Profit While Two Segments Keep Sliding — Noticia sobre AMN Healthcare, no sobre Dassault Aviation.
Verdict: Hold; growth and balance sheet strength offset a not particularly cheap valuation.
Main risk: The main risk is dependence on government defense contracts, which may be subject to changes in public spending priorities and delivery delays, although the current order book provides medium-term visibility.
Other Industrials companies
Neighbours in the sector ranking, to compare without going back to the index.
See all 1,000+ companies in the index →