QinetiQ Group's (LON:QQ.) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 28
U.K. (FTSE) Aerospace & Defense Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies13
- 7D3.4%
- 3M0.3%
- 1Y30.7%
- YTD28.7%
In the last week, the Aerospace & Defense industry is up 3.4%, with BAE Systems up 4.8%. This means that the industry has gained 31% over the past year. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the U.K. Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | UK£39.1b | UK£29.5b | UK£1.8b | 18.6x | 21.3x | 1.3x |
| Wed, 26 Oct 2022 | UK£39.0b | UK£29.4b | UK£1.7b | 20.8x | 22.5x | 1.3x |
| Fri, 23 Sep 2022 | UK£39.4b | UK£29.4b | UK£1.7b | 21.9x | 22.7x | 1.3x |
| Sun, 21 Aug 2022 | UK£39.7b | UK£29.4b | UK£1.7b | 22.9x | 22.9x | 1.4x |
| Tue, 19 Jul 2022 | UK£39.5b | UK£29.1b | UK£1.2b | 23.1x | 33.6x | 1.4x |
| Thu, 16 Jun 2022 | UK£38.2b | UK£29.1b | UK£1.2b | 21.8x | 32.6x | 1.3x |
| Sat, 14 May 2022 | UK£37.5b | UK£29.0b | UK£1.2b | 25.9x | 32.3x | 1.3x |
| Mon, 11 Apr 2022 | UK£37.3b | UK£29.0b | UK£1.2b | 23.8x | 32.1x | 1.3x |
| Wed, 09 Mar 2022 | UK£37.2b | UK£29.0b | UK£1.2b | 22.3x | 31.2x | 1.3x |
| Fri, 04 Feb 2022 | UK£31.0b | UK£28.8b | UK£1.2b | 20.3x | 26.3x | 1.1x |
| Sun, 02 Jan 2022 | UK£30.6b | UK£28.8b | UK£1.2b | 20.5x | 26.1x | 1.1x |
| Tue, 30 Nov 2021 | UK£30.4b | UK£28.7b | UK£311.2m | 26.5x | 97.7x | 1.1x |
| Thu, 28 Oct 2021 | UK£31.6b | UK£28.7b | UK£361.2m | 26.3x | 87.5x | 1.1x |
| Sat, 25 Sep 2021 | UK£32.4b | UK£28.7b | UK£362.2m | 26.2x | 89.4x | 1.1x |
| Mon, 23 Aug 2021 | UK£33.5b | UK£28.7b | UK£360.6m | 27.6x | 92.9x | 1.2x |
| Sat, 10 Jul 2021 | UK£28.0b | UK£28.7b | UK£354.0m | 24.6x | 79.2x | 1x |
| Fri, 02 Apr 2021 | UK£26.8b | UK£28.8b | -UK£140,183,285.06 | 18.7x | -191.5x | 0.9x |
| Mon, 04 Jan 2021 | UK£26.5b | UK£28.8b | UK£120.7m | 20.4x | 219.6x | 0.9x |
| Thu, 08 Oct 2020 | UK£24.3b | UK£29.0b | UK£839.5m | 19.4x | 28.9x | 0.8x |
| Wed, 01 Jul 2020 | UK£24.7b | UK£29.0b | UK£924.0m | 19.9x | 26.7x | 0.9x |
| Sat, 04 Apr 2020 | UK£25.9b | UK£28.9b | UK£1.4b | 19.9x | 18.1x | 0.9x |
| Tue, 07 Jan 2020 | UK£32.2b | UK£28.7b | UK£2.0b | 27x | 16.2x | 1.1x |
Price to Earnings Ratio
15x
Current Industry PE
- Investors are pessimistic on the British 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 21.3x which is lower than its 3-year average PE of 30.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have declined 4.7% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | 1.33% | |
| Industrials | 1.99% | |
| Aerospace & Defense | 3.42% | |
| Aerospace and Defense | 3.42% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BA. BAE Systems | UK£8.07 | 4.8% +UK£1.1b | 46.7% | PE18.1x | |
| RR. Rolls-Royce Holdings | UK£0.91 | 6.3% +UK£449.2m | -25.3% | PS0.7x | |
| BAB Babcock International Group | UK£3.01 | 4.1% +UK£59.6m | -2.2% | PE10.4x | |
| CHG Chemring Group | UK£3.09 | 4.7% +UK£39.7m | 12.8% | PE18.8x | |
| QQ. QinetiQ Group | UK£3.47 | 1.9% +UK£37.7m | 33.5% | PE11x |