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Airbus

DB:AIRA
Snowflake Description

Proven track record with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AIRA
DB
€92B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The last earnings update was 73 days ago. More info.


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AIRA Share Price and Events
7 Day Returns
-0.7%
DB:AIRA
0.8%
Europe Aerospace & Defense
2.5%
DE Market
1 Year Returns
16.7%
DB:AIRA
11.7%
Europe Aerospace & Defense
2.6%
DE Market
AIRA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Airbus (AIRA) -0.7% -3.9% -7% 16.7% 125.8% 171.4%
Europe Aerospace & Defense 0.8% -2.9% 0.9% 11.7% 67.1% 114.9%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • AIRA outperformed the Aerospace & Defense industry which returned 11.7% over the past year.
  • AIRA outperformed the Market in Germany which returned 2.6% over the past year.
Price Volatility
AIRA
Industry
5yr Volatility vs Market

AIRA Value

 Is Airbus undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Airbus to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Airbus.

DB:AIRA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 21 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AIRA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.864 (1 + (1- 25%) (12.21%))
0.962
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.962 * 5.96%)
5.96%

Discounted Cash Flow Calculation for DB:AIRA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Airbus is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:AIRA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.96%)
2020 5,331.56 Analyst x15 5,031.65
2021 6,756.45 Analyst x13 6,017.72
2022 8,043.50 Analyst x6 6,761.06
2023 9,558.33 Analyst x3 7,582.43
2024 10,625.01 Est @ 11.16% 7,954.48
2025 11,462.28 Est @ 7.88% 8,098.60
2026 12,102.39 Est @ 5.58% 8,069.88
2027 12,583.78 Est @ 3.98% 7,918.87
2028 12,942.75 Est @ 2.85% 7,686.62
2029 13,210.06 Est @ 2.07% 7,404.06
Present value of next 10 years cash flows €72,525.00
DB:AIRA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €13,210.06 × (1 + 0.23%) ÷ (5.96% – 0.23%)
€230,971.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €230,971.79 ÷ (1 + 5.96%)10
€129,456.53
DB:AIRA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €72,525.00 + €129,456.53
€201,981.53
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €201,981.53 / 777.50
€259.78
DB:AIRA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AIRA represents 0.24731x of ENXTPA:AIR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.24731x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 259.78 x 0.24731
€64.25
Value per share (EUR) From above. €64.25
Current discount Discount to share price of €29.40
= -1 x (€29.40 - €64.25) / €64.25
54.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Airbus is available for.
Intrinsic value
>50%
Share price is €29.4 vs Future cash flow value of €64.25
Current Discount Checks
For Airbus to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Airbus's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Airbus's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Airbus's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Airbus's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AIRA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €4.84
ENXTPA:AIR Share Price ** ENXTPA (2019-10-11) in EUR €118.88
Europe Aerospace & Defense Industry PE Ratio Median Figure of 36 Publicly-Listed Aerospace & Defense Companies 21.4x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Airbus.

DB:AIRA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:AIR Share Price ÷ EPS (both in EUR)

= 118.88 ÷ 4.84

24.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airbus is overvalued based on earnings compared to the Europe Aerospace & Defense industry average.
  • Airbus is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Airbus's expected growth come at a high price?
Raw Data
DB:AIRA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts
17.2%per year
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 26 Publicly-Listed Aerospace & Defense Companies 1.59x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:AIRA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.58x ÷ 17.2%

1.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airbus is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Airbus's assets?
Raw Data
DB:AIRA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €9.56
ENXTPA:AIR Share Price * ENXTPA (2019-10-11) in EUR €118.88
Europe Aerospace & Defense Industry PB Ratio Median Figure of 49 Publicly-Listed Aerospace & Defense Companies 1.96x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:AIRA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:AIR Share Price ÷ Book Value per Share (both in EUR)

= 118.88 ÷ 9.56

12.43x

* Primary Listing of Airbus.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airbus is overvalued based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess Airbus's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Airbus has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AIRA Future Performance

 How is Airbus expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Airbus expected to grow at an attractive rate?
  • Airbus's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Airbus's earnings growth is expected to exceed the Germany market average.
  • Airbus's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AIRA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AIRA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts 17.2%
DB:AIRA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 21 Analysts 3.6%
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AIRA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AIRA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 80,431 13,613 9,870 6
2022-12-31 78,936 10,040 7,726 10
2021-12-31 78,351 9,432 6,775 17
2020-12-31 74,739 7,943 5,533 21
2019-12-31 70,336 6,205 4,698 21
2019-10-12
DB:AIRA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 69,603 2,399 3,755
2019-03-31 66,137 1,858 2,811
2018-12-31 63,707 2,318 3,054
2018-09-30 69,181 2,737 2,928
2018-06-30 58,817 2,874 1,766
2018-03-31 57,699 2,210 2,235
2017-12-31 59,022 4,444 2,361
2017-09-30 61,883 3,782 582
2017-06-30 63,001 3,840 325
2017-03-31 65,840 5,300 1,005
2016-12-31 66,581 4,369 995
2016-09-30 64,190 1,381 2,607

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Airbus's earnings are expected to grow by 17.2% yearly, however this is not considered high growth (20% yearly).
  • Airbus's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AIRA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below

All data from Airbus Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AIRA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 10.80 12.46 9.28 3.00
2022-12-31 9.78 11.18 8.36 5.00
2021-12-31 8.71 9.79 7.71 11.00
2020-12-31 7.09 8.10 4.30 15.00
2019-12-31 6.02 6.62 5.52 12.00
2019-10-12
DB:AIRA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 4.84
2019-03-31 3.62
2018-12-31 3.94
2018-09-30 3.78
2018-06-30 2.28
2018-03-31 2.89
2017-12-31 3.05
2017-09-30 0.75
2017-06-30 0.42
2017-03-31 1.30
2016-12-31 1.29
2016-09-30 3.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Airbus is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Airbus's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Airbus has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AIRA Past Performance

  How has Airbus performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Airbus's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Airbus's year on year earnings growth rate has been positive over the past 5 years.
  • Airbus's 1-year earnings growth exceeds its 5-year average (112.6% vs 3.4%)
  • Airbus's earnings growth has exceeded the Europe Aerospace & Defense industry average in the past year (112.6% vs 16.4%).
Earnings and Revenue History
Airbus's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Airbus Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AIRA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 69,603.00 3,755.00 2,575.00 3,237.00
2019-03-31 66,137.00 2,811.00 2,477.00 3,255.00
2018-12-31 63,707.00 3,054.00 2,435.00 3,217.00
2018-09-30 69,181.00 2,928.00 2,309.00 2,992.00
2018-06-30 58,817.00 1,766.00 2,271.00 2,922.00
2018-03-31 57,699.00 2,235.00 2,358.00 2,875.00
2017-12-31 59,022.00 2,361.00 2,439.00 2,807.00
2017-09-30 61,883.00 582.00 2,673.00 2,873.00
2017-06-30 63,001.00 325.00 2,693.00 2,949.00
2017-03-31 65,840.00 1,005.00 2,695.00 2,971.00
2016-12-31 66,581.00 995.00 2,723.00 2,970.00
2016-09-30 64,190.00 2,607.00 2,527.00 3,188.00
2016-06-30 64,312.00 2,933.00 2,551.00 3,263.00
2016-03-31 64,555.00 2,303.00 2,671.00 3,306.00
2015-12-31 64,450.00 2,696.00 2,651.00 3,460.00
2015-09-30 63,181.00 2,844.00 2,608.00 3,302.00
2015-06-30 62,406.00 2,732.00 2,622.00 3,333.00
2015-03-31 60,143.00 2,696.00 2,566.00 3,365.00
2014-12-31 60,713.00 2,343.00 2,601.00 3,391.00
2014-09-30 59,117.00 1,669.00 2,636.00 3,342.00
2014-06-30 59,097.00 1,850.00 2,687.00 3,283.00
2014-03-31 58,121.00 1,685.00 2,764.00 3,228.00
2013-12-31 57,567.00 1,473.00 2,762.00 3,118.00
2013-09-30 58,169.00 1,520.00 2,845.00 3,149.00
2013-06-30 57,216.00 1,376.00 2,855.00 3,116.00
2013-03-31 57,170.00 1,298.00 2,848.00 3,033.00
2012-12-31 56,480.00 1,197.00 2,869.00 3,142.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Airbus made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Airbus used its assets less efficiently than the Europe Aerospace & Defense industry average last year based on Return on Assets.
  • Airbus has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Airbus's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Airbus has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AIRA Health

 How is Airbus's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Airbus's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Airbus's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Airbus's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Airbus's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Airbus Company Filings, last reported 3 months ago.

DB:AIRA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 7,432.00 9,714.00 7,980.00
2019-03-31 8,913.00 9,392.00 9,409.00
2018-12-31 9,719.00 8,596.00 12,477.00
2018-09-30 9,526.00 10,809.00 8,966.00
2018-06-30 9,191.00 9,373.00 8,214.00
2018-03-31 12,066.00 10,824.00 11,107.00
2017-12-31 10,742.00 10,854.00 14,496.00
2017-09-30 11,499.00 10,933.00 8,774.00
2017-06-30 9,044.00 11,100.00 10,117.00
2017-03-31 5,605.00 10,194.00 11,403.00
2016-12-31 3,652.00 10,089.00 12,698.00
2016-09-30 6,296.00 10,936.00 8,261.00
2016-06-30 6,053.00 11,957.00 10,755.00
2016-03-31 7,863.00 11,175.00 9,113.00
2015-12-31 5,973.00 8,737.00 8,993.00
2015-09-30 6,387.00 9,079.00 8,381.00
2015-06-30 5,715.00 8,053.00 8,810.00
2015-03-31 2,635.00 7,882.00 10,237.00
2014-12-31 7,079.00 7,153.00 10,995.00
2014-09-30 8,553.00 7,073.00 7,358.00
2014-06-30 10,978.00 8,124.00 8,121.00
2014-03-31 11,396.00 6,607.00 8,277.00
2013-12-31 10,906.00 5,458.00 10,198.00
2013-09-30 10,102.00 7,219.00 8,134.00
2013-06-30 8,328.00 6,701.00 8,155.00
2013-03-31 9,492.00 5,218.00 9,149.00
2012-12-31 10,420.00 4,598.00 11,710.00
  • Airbus's level of debt (130.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (72.4% vs 130.7% today).
  • Debt is well covered by operating cash flow (24.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 35.8x coverage).
X
Financial health checks
We assess Airbus's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Airbus has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AIRA Dividends

 What is Airbus's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.39%
Current annual income from Airbus dividends. Estimated to be 2.24% next year.
If you bought €2,000 of Airbus shares you are expected to receive €28 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Airbus's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Airbus's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AIRA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AIRA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 3.71 2.00
2022-12-31 3.34 6.00
2021-12-31 3.04 15.00
2020-12-31 2.60 20.00
2019-12-31 2.14 20.00
2019-10-12
DB:AIRA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-14 1.650 1.369
2018-02-15 1.500 1.531
2017-02-22 1.350 1.752
2016-03-02 1.300 2.311
2016-02-24 1.300 2.225
2015-05-27 1.200 2.018
2014-02-26 0.750 1.500
2013-03-27 0.600 1.293
2013-02-27 0.600 1.482
2012-06-06 0.450 1.564
2011-03-09 0.220 0.938
2011-03-08 0.220 1.103
2010-11-12 0.000 0.000
2010-07-29 0.000 0.000
2010-05-14 0.000 0.000
2010-04-30 0.000 0.000
2010-03-17 0.000 0.000
2010-03-09 0.000 0.000
2009-03-02 0.200 1.602
2009-01-15 0.200 1.535

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Airbus's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess Airbus's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Airbus afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Airbus has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AIRA Management

 What is the CEO of Airbus's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Guillaume Faury
AGE 51
TENURE AS CEO 0.5 years
CEO Bio

Mr. Guillaume M.J.D. Faury has been Chief Executive Officer and Director of Airbus SE since April 10, 2019. Mr. Faury has been the President of Airbus Commercial Aircraft at Airbus Helicopters SAS since February 2018. Mr. Faury served as Chief Executive Officer of Airbus Helicopters SAS (alternate name: Eurocopter SAS) from January 2014 to February 2018. Mr. Faury has been the Chief Executive Officer of Airbus Helicopters Deutschland GmbH since January 1, 2014. Mr. Faury serves as the Chief Executive Officer of Peugeot Citroën Automobiles S.A. He served as Chief Executive Officer at Airbus Helicopter Canada Limited. He served as the Chief Executive Officer of Eurocopter SAS since May 1, 2013 until January 1, 2014. He served as an Executive Vice President of Research and Development at Peugeot S.A. since June 17, 2009 and also served as its Member of Managing Board from June 2009 to March 2013. He served as an Executive Vice President of Manufacturing and Components at PSA Peugeot Citroen since June 2009 and served as its Member of Management Board since June 2009. Mr. Faury served various executive positions at Eurocopter from 1998 to 2008. He served as Chairman of the Managing Board of Segula Technologies. He joined the PSA Peugeot Citroën Group in March 2009 as Deputy Executive Vice President of Manufacturing and Components. He served as Chief Engineer for the EC225/725 programme, Head of the Heavy Helicopter Flight Test department, Executive Vice President for Commercial Programmes and Executive vice president for R&D. He served as a Member of the Eurocopter Executive Committee. He started his professional career with the French Defense Procurement Agency DGA, where he was in charge of Tiger helicopter flight test activities at the Istres Flight Test Centre. He serves as a Director of IAE Aix en Provence. Mr. Faury served as a Director of APSYS (EADS Group), Director of Eurocopter Deutschland GmbH and also served as a Member of the Supervisory Board of Eurocopter Deutschland GmbH. He is a licensed flight test engineer. Mr. Faury holds an Engineering Degree from the Ecole Polytechnique in Paris as well as an Aeronautics and Engineering Degree from the Ecole Nationale Supérieure de l’Aeronautique et de l’Espace in Toulouse.

CEO Compensation
  • Insufficient data for Guillaume to compare compensation growth.
  • Insufficient data for Guillaume to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Airbus management team in years:

1.4
Average Tenure
52
Average Age
  • The average tenure for the Airbus management team is less than 2 years, this suggests a new team.
Management Team

Guillaume Faury

TITLE
CEO & Executive Director
AGE
51
TENURE
0.5 yrs

Dominik Asam

TITLE
Chief Financial Officer
AGE
50
TENURE
0.5 yrs

Michael Schoellhorn

TITLE
Chief Operating Officer
AGE
54
TENURE
0.7 yrs

Grazia Vittadini

TITLE
Chief Technology Officer
AGE
48
TENURE
1.4 yrs

Luc Hennekens

TITLE
Chief Information Officer
TENURE
3 yrs

Thorsten Fischer

TITLE
Head of Investor Relations & Financial Communication

John Harrison

TITLE
Group General Counsel
AGE
52
TENURE
4.3 yrs

Rainer Ohler

TITLE
Executive Vice President of Communications
AGE
57
TENURE
7.3 yrs

Julie Kitcher

TITLE
Executive VP of Communications & Corporate Affairs and Chief of Staff to the CEO
TENURE
0.5 yrs

Thierry Baril

TITLE
Chief Human Resources Officer
AGE
54
TENURE
7.3 yrs
Board of Directors Tenure

Average tenure and age of the Airbus board of directors in years:

3.5
Average Tenure
59.5
Average Age
  • The tenure for the Airbus board of directors is about average.
Board of Directors

Denis Ranque

TITLE
Independent Chairman
COMPENSATION
€285K
AGE
67
TENURE
6.5 yrs

Guillaume Faury

TITLE
CEO & Executive Director
AGE
51
TENURE
0.5 yrs

Maria Amparo Moraleda Martinez

TITLE
Independent Non-Executive Director
COMPENSATION
€192K
AGE
55
TENURE
4.4 yrs

Catherine Guillouard

TITLE
Independent Non-Executive Director
COMPENSATION
€195K
AGE
54
TENURE
3.5 yrs

Hermann-Josef Lamberti

TITLE
Independent Non-Executive Director
COMPENSATION
€195K
AGE
63
TENURE
12.8 yrs

Ralph Crosby

TITLE
Independent Non-Executive Director
COMPENSATION
€175K
AGE
72
TENURE
6.5 yrs

Claudia Nemat

TITLE
Independent Non-Executive Director
COMPENSATION
€175K
AGE
51
TENURE
3.5 yrs

Carlos Tavares

TITLE
Independent Non-Executive Director
COMPENSATION
€130K
AGE
61
TENURE
3.5 yrs

Paul Drayson

TITLE
Independent Non-Executive Director
COMPENSATION
€169K
AGE
58
TENURE
2.5 yrs

Victor Chu

TITLE
Independent Director
COMPENSATION
€122K
AGE
62
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Airbus's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Airbus has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AIRA News

Simply Wall St News

AIRA Company Info

Description

Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The company operates in three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space segments. The Airbus segment develops, manufactures, markets, and sells commercial jet aircraft of approximately 100 seats; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and offers helicopter related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military aircraft, such as combat, mission, transport, and tanker aircraft; and offers unmanned aerial systems and their associated services. It also provides civil and defense space systems for telecommunications, earth observations, navigation, science, and orbital systems; missile systems; and missile and space launcher systems, as well as services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was founded in 2000 and is based in Leiden, the Netherlands.

Details
Name: Airbus SE
AIRA
Exchange: DB
Founded: 2000
€92,428,834,087
777,496,922
Website: http://www.airbus.com
Address: Airbus SE
Mendelweg 30,
Leiden,
Zuid-Holland, 2333 CS,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA AIR Ordinary Shares Euronext Paris FR EUR 10. Jul 2000
OTCPK EADS.F Ordinary Shares Pink Sheets LLC US USD 10. Jul 2000
DB AIR Ordinary Shares Deutsche Boerse AG DE EUR 10. Jul 2000
XTRA AIR Ordinary Shares XETRA Trading Platform DE EUR 10. Jul 2000
LSE 0KVV Ordinary Shares London Stock Exchange GB EUR 10. Jul 2000
SWX AIR Ordinary Shares SIX Swiss Exchange CH CHF 10. Jul 2000
BIT AIR Ordinary Shares Borsa Italiana IT EUR 10. Jul 2000
WBAG AIR Ordinary Shares Wiener Boerse AG AT EUR 10. Jul 2000
BMV AIR N Ordinary Shares Bolsa Mexicana de Valores MX MXN 10. Jul 2000
BME AIR Ordinary Shares Bolsas y Mercados Espanoles ES EUR 10. Jul 2000
BATS-CHIXE AIRD Ordinary Shares BATS 'Chi-X Europe' GB EUR 10. Jul 2000
OTCPK EADS.Y UNSPONSORED ADR Pink Sheets LLC US USD 20. Nov 2006
OTCPK EADS.Y ADR Pink Sheets LLC US USD 12. Oct 2019
DB AIRA ADR Deutsche Boerse AG DE EUR 12. Oct 2019
DB AIRA UNSPONSORED ADR Deutsche Boerse AG DE EUR 20. Nov 2006
XTRA AIRA ADR XETRA Trading Platform DE EUR 12. Oct 2019
Number of employees
Current staff
Staff numbers
136,343
Airbus employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 22:01
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/12
Last earnings filing: 2019/07/31
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.