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French (CAC) Aerospace & Defense Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies15
  • 7D-4.0%
  • 3M5.9%
  • 1Y25.4%
  • YTD2.9%

Over the last 7 days, the Aerospace & Defense industry has dropped 4.0%, driven by a pullback from Thales of 3.5%. This takes the industry's 12 month performance to a gain of 25%. Earnings are forecast to grow by 8.6% annually.

Industry Valuation and Performance

Has the French Aerospace & Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026€380.3b€137.4b€14.4b41.9x26.5x2.8x
Sun, 25 Jan 2026€380.2b€134.3b€11.3b41.5x33.5x2.8x
Tue, 23 Dec 2025€358.2b€134.3b€11.3b40x31.6x2.7x
Thu, 20 Nov 2025€363.0b€134.2b€11.4b39.9x32x2.7x
Sat, 18 Oct 2025€362.7b€132.1b€11.2b34.6x32.3x2.7x
Mon, 15 Sep 2025€355.6b€132.0b€11.2b33.1x31.8x2.7x
Wed, 13 Aug 2025€343.2b€132.0b€11.2b34.9x30.7x2.6x
Fri, 11 Jul 2025€342.2b€128.7b€5.8b38.4x59.4x2.7x
Sun, 08 Jun 2025€328.4b€128.7b€5.7b31.1x57.2x2.6x
Tue, 06 May 2025€313.5b€128.6b€5.7b28.1x54.6x2.4x
Thu, 03 Apr 2025€313.6b€127.9b€5.5b30.3x56.6x2.5x
Sat, 01 Mar 2025€300.1b€125.3b€5.4b27.3x55.3x2.4x
Mon, 27 Jan 2025€285.0b€121.4b€6.8b32.8x42.2x2.3x
Wed, 25 Dec 2024€259.4b€121.4b€6.8b29.7x38.4x2.1x
Fri, 22 Nov 2024€255.7b€120.6b€6.7b32.9x37.9x2.1x
Sun, 20 Oct 2024€254.3b€119.8b€6.6b33.1x38.7x2.1x
Tue, 17 Sep 2024€239.7b€119.8b€6.6b31.8x36.5x2x
Thu, 15 Aug 2024€240.6b€119.7b€6.6b32.1x36.7x2x
Sat, 13 Jul 2024€241.7b€116.5b€9.1b26.9x26.7x2.1x
Mon, 10 Jun 2024€262.8b€116.4b€9.0b30.3x29.1x2.3x
Wed, 08 May 2024€267.4b€116.1b€9.0b27.9x29.6x2.3x
Fri, 05 Apr 2024€272.0b€115.1b€8.9b27.1x30.5x2.4x
Sun, 03 Mar 2024€248.1b€116.0b€9.3b25.6x26.8x2.1x
Tue, 30 Jan 2024€239.1b€112.0b€9.2b24.1x25.9x2.1x
Thu, 28 Dec 2023€224.7b€112.0b€9.2b23.3x24.4x2x
Sat, 25 Nov 2023€223.3b€112.1b€9.2b24.6x24.2x2x
Mon, 23 Oct 2023€204.9b€110.5b€9.1b24.6x22.6x1.9x
Wed, 20 Sep 2023€214.4b€110.5b€9.1b24.8x23.6x1.9x
Fri, 18 Aug 2023€207.0b€110.5b€9.1b24.9x22.8x1.9x
Sun, 16 Jul 2023€212.0b€105.2b€2.9b26x72.1x2x
Tue, 13 Jun 2023€207.8b€105.1b€2.9b24.8x70.8x2x
Thu, 11 May 2023€202.3b€105.1b€2.9b26x69x1.9x
Sat, 08 Apr 2023€207.2b€105.4b€3.7b23.4x56.4x2x
Mon, 06 Mar 2023€202.1b€105.2b€3.6b23x56.8x1.9x
Price to Earnings Ratio

56.8x


Total Market Cap: €202.1bTotal Earnings: €3.6bTotal Revenue: €105.2bTotal Market Cap vs Earnings and Revenue0%0%0%
French Aerospace & Defense Industry Price to Earnings3Y Average 39.2x202420252026
Current Industry PE
  • Investors are pessimistic on the French Aerospace & Defense industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.3x which is lower than its 3-year average PE of 39.3x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 59% per year over the last three years.
  • Revenues for these companies have grown 9.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the French Industrials industry?

FR Market1.37%
Industrials-1.06%
Aerospace & Defense-3.98%
Aerospace and Defense-3.98%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SAF Safran€346.601.3%
+€1.9b		39.5%PE20.1x
EXENS Exosens€62.403.1%
+€96.4m		150.6%PE45.1x
EXA Exail Technologies€124.003.7%
+€74.7m		348.5%PE1834.8x
MLUAV Embention Sistemas Inteligentes€50.005.0%
+€14.4m		142.7%PE62.6x
ALSOG Sogeclair€32.307.7%
+€7.0m		59.9%PE19.6x

Latest News

ALTD
€0.035
Tonner Drones
7D
14.4%
1Y
186.9%
HO
€254.20
Thales
7D
-3.5%
1Y
31.5%

HO: Local Champion Positioning In Defense And Technology Will Drive Upside Potential

Analysts have raised their fair value estimate for Thales from €281.22 to €285.67, citing recent upgrades and higher price targets. These changes reflect more constructive views on its role as a European defense and technology "local champion," with a portfolio they consider better positioned relative to peers.
EXENS
€62.40
Exosens
7D
3.1%
1Y
150.6%
AM
€337.00
Dassault Aviation société anonyme
7D
-3.7%
1Y
36.0%

AM: Market Perform Downgrade And Execution Risks Will Pressure Future Returns

Analysts have nudged their price targets for Dassault Aviation société anonyme higher, with recent increases of €10 and €29, and a move to €310. These changes are based on finely tuned assumptions on discount rate, revenue growth, profit margin and future P/E, while incorporating a more mixed sector view reflected in a downgrade to Market Perform.
SAF
€346.60
Safran
7D
1.3%
1Y
39.5%

SAF: UK R&T Expansion And Dividend Policy Will Support Future Repricing

Analysts have raised their fair value estimate for Safran from €382 to €416, citing updated assumptions on margins, growth, and P/E, which align with a recent increase in the Street's price target to €342. Analyst Commentary Bullish analysts are pointing to recent price target revisions as a sign of growing confidence in Safran's ability to support higher valuation assumptions, especially as estimates for margins, growth, and P/E are refreshed.
AIR
€186.74
Airbus
7D
-0.2%
1Y
13.1%
MLHK
€37.00
H&K
7D
-7.0%
1Y
-68.1%
ALSOG
€32.30
Sogeclair
7D
7.7%
1Y
59.9%

Sogeclair's Outlook Will See a 18x Future PE in Five Years

Sogeclair est un acteur de l'ingénierie de haute technologie (aéronautique, spatial, transport). C'est un dossier typique de "Small Cap" industrielle.
FGA
€10.65
Figeac Aero Société Anonyme
7D
-4.9%
1Y
34.8%

Returns On Capital Are Showing Encouraging Signs At Figeac Aero Société Anonyme (EPA:FGA)

Feb 13
Returns On Capital Are Showing Encouraging Signs At Figeac Aero Société Anonyme (EPA:FGA)
MLUAV
€50.00
Embention Sistemas Inteligentes
7D
5.0%
1Y
142.7%
EXA
€124.00
Exail Technologies
7D
3.7%
1Y
348.5%
ALODY
€29.00
Odyssee Technologies
7D
-3.7%
1Y
79.0%

Odyssee Technologies (EPA:ALODY) Shareholders Will Want The ROCE Trajectory To Continue

Feb 03
Odyssee Technologies (EPA:ALODY) Shareholders Will Want The ROCE Trajectory To Continue
FII
€62.60
Lisi
7D
0.2%
1Y
128.5%

A Look At The Intrinsic Value Of Lisi S.A. (EPA:FII)

Jan 31
A Look At The Intrinsic Value Of Lisi S.A. (EPA:FII)
ALNSE
€43.60
NSE
7D
2.3%
1Y
46.3%

NSE S.A.'s (EPA:ALNSE) Share Price Not Quite Adding Up

Jan 10
NSE S.A.'s (EPA:ALNSE) Share Price Not Quite Adding Up