Why Babcock International Group PLC (LON:BAB) Could Be Worth Watching
May 28
U.K. (FTSE) Aerospace and Defense Industry Analysis
UpdatedMay 31, 2023
DataAggregated Company Financials
Companies14
- 7D-1.5%
- 3M3.4%
- 1Y16.8%
- YTD9.2%
Over the last 7 days, the Aerospace and Defense industry has dropped 2.8%, driven by declines in BAE Systems and Rolls-Royce Holdings of 1.4% and 2.7%, respectively. Meanwhile, Velocity Composites actually outperformed within the industry, gaining 20% in the last week. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the U.K. Aerospace and Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 31 May 2023 | UK£49.5b | UK£38.7b | UK£1.8b | 18x | 27.3x | 1.3x |
| Fri, 28 Apr 2023 | UK£50.9b | UK£38.6b | UK£1.8b | 17.1x | 27.7x | 1.3x |
| Sun, 26 Mar 2023 | UK£43.8b | UK£31.0b | UK£2.1b | 17.2x | 21.2x | 1.4x |
| Tue, 21 Feb 2023 | UK£41.6b | UK£29.6b | UK£1.8b | 18.7x | 22.6x | 1.4x |
| Thu, 19 Jan 2023 | UK£40.0b | UK£29.6b | UK£1.8b | 18.7x | 21.7x | 1.4x |
| Sat, 17 Dec 2022 | UK£40.1b | UK£29.6b | UK£1.8b | 18x | 21.8x | 1.4x |
| Mon, 14 Nov 2022 | UK£36.1b | UK£29.5b | UK£1.8b | 18x | 19.8x | 1.2x |
| Wed, 12 Oct 2022 | UK£39.9b | UK£29.4b | UK£1.7b | 20x | 23x | 1.4x |
| Fri, 09 Sep 2022 | UK£38.8b | UK£29.4b | UK£1.7b | 21.4x | 22.3x | 1.3x |
| Sun, 07 Aug 2022 | UK£39.6b | UK£29.4b | UK£1.7b | 23.9x | 22.8x | 1.3x |
| Tue, 05 Jul 2022 | UK£40.7b | UK£29.1b | UK£1.2b | 21.9x | 34.7x | 1.4x |
| Thu, 02 Jun 2022 | UK£39.0b | UK£29.0b | UK£1.2b | 24.1x | 33.4x | 1.3x |
| Sat, 30 Apr 2022 | UK£37.4b | UK£29.0b | UK£1.2b | 25.2x | 32.2x | 1.3x |
| Mon, 28 Mar 2022 | UK£37.7b | UK£29.0b | UK£1.2b | 23.5x | 32.4x | 1.3x |
| Wed, 23 Feb 2022 | UK£31.5b | UK£28.8b | UK£1.2b | 19.5x | 26.8x | 1.1x |
| Fri, 21 Jan 2022 | UK£32.2b | UK£28.8b | UK£1.2b | 22x | 27.4x | 1.1x |
| Sun, 19 Dec 2021 | UK£29.8b | UK£28.8b | UK£1.2b | 20.1x | 25.4x | 1x |
| Tue, 16 Nov 2021 | UK£31.4b | UK£28.7b | UK£311.1m | 27x | 101x | 1.1x |
| Thu, 14 Oct 2021 | UK£33.2b | UK£28.7b | UK£361.2m | 26.4x | 91.8x | 1.2x |
| Sat, 11 Sep 2021 | UK£31.8b | UK£28.7b | UK£360.6m | 27.3x | 88.2x | 1.1x |
| Mon, 09 Aug 2021 | UK£32.1b | UK£28.7b | UK£360.6m | 27x | 89.1x | 1.1x |
| Sun, 02 May 2021 | UK£27.2b | UK£28.8b | -UK£130,935,285.06 | 18.6x | -208.1x | 0.9x |
| Wed, 03 Feb 2021 | UK£24.8b | UK£28.9b | UK£123.3m | 19.7x | 201x | 0.9x |
| Sat, 07 Nov 2020 | UK£21.1b | UK£29.0b | UK£837.3m | 19.4x | 25.2x | 0.7x |
| Fri, 31 Jul 2020 | UK£24.9b | UK£29.0b | UK£921.8m | 21.9x | 27x | 0.9x |
Price to Earnings Ratio
17.6x
Current Industry PE
- Investors are pessimistic on the British Aerospace and 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 27.4x which is lower than its 3-year average PE of 31.5x.
- 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 and Defense industry have grown 8.2% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.K. Aerospace and Defense compare with similar industries?
| GB Market | -2.80% | |
| Industrials | -0.90% | |
| Aerospace & Defense | -1.49% | |
| Aerospace and Defense | -1.49% | |
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 | |
|---|---|---|---|---|---|
| MSI MS INTERNATIONAL | UK£4.80 | 6.7% +UK£4.9m | 83.2% | PE10.9x | |
| VEL Velocity Composites | UK£0.50 | 31.6% +UK£4.4m | 156.4% | PS1.5x |
