Loading...

Airbus

OTCPK:EADS.F
Snowflake Description

Solid track record average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EADS.F
OTCPK
€89B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The last earnings update was 30 days ago. More info.


Add to Portfolio Compare Print
  • Airbus has significant price volatility in the past 3 months.
EADS.F Share Price and Events
7 Day Returns
-3.4%
OTCPK:EADS.F
-0.3%
US Aerospace & Defense
-1.1%
US Market
1 Year Returns
13.5%
OTCPK:EADS.F
-9.6%
US Aerospace & Defense
6.4%
US Market
EADS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Airbus (EADS.F) -3.4% 1.2% 37.9% 13.5% 92.6% 78.1%
US Aerospace & Defense -0.3% -4.1% 14.4% -9.6% 38.8% 49.7%
US Market -1.1% 0.3% 16.7% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • EADS.F outperformed the Aerospace & Defense industry which returned -9.6% over the past year.
  • EADS.F outperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
EADS.F
Industry
5yr Volatility vs Market

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.

OTCPK:EADS.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 23 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:EADS.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.914 (1 + (1- 25%) (10.04%))
0.988
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.988 * 5.96%)
8.62%

Discounted Cash Flow Calculation for OTCPK:EADS.F 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.

OTCPK:EADS.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.62%)
2019 4,036.07 Analyst x16 3,715.78
2020 5,612.70 Analyst x17 4,757.24
2021 6,837.93 Analyst x11 5,335.81
2022 6,953.14 Analyst x7 4,995.15
2023 8,648.33 Analyst x3 5,719.94
2024 9,515.77 Est @ 10.03% 5,794.21
2025 10,261.81 Est @ 7.84% 5,752.63
2026 10,909.03 Est @ 6.31% 5,630.15
2027 11,480.00 Est @ 5.23% 5,454.66
2028 11,994.62 Est @ 4.48% 5,246.92
Present value of next 10 years cash flows €52,402.50
OTCPK:EADS.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €11,994.62 × (1 + 2.73%) ÷ (8.62% – 2.73%)
€209,217.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €209,217.32 ÷ (1 + 8.62%)10
€91,519.89
OTCPK:EADS.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €52,402.50 + €91,519.89
€143,922.39
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €143,922.39 / 775.79
€185.52
OTCPK:EADS.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:EADS.F represents 1.12378x of ENXTPA:AIR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.12378x
Value per Share
(Listing Adjusted, USD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 185.52 x 1.12378
$208.48
Value per share (USD) From above. $208.48
Current discount Discount to share price of $129.10
= -1 x ($129.10 - $208.48) / $208.48
38.1%

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
38%
Share price is $129.1 vs Future cash flow value of $208.48
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, but not 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
OTCPK:EADS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €3.94
ENXTPA:AIR Share Price ** ENXTPA (2019-03-22) in EUR €114.88
United States of America Aerospace & Defense Industry PE Ratio Median Figure of 41 Publicly-Listed Aerospace & Defense Companies 20.99x
United States of America Market PE Ratio Median Figure of 3,061 Publicly-Listed Companies 17.15x

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

** Primary Listing of Airbus.

OTCPK:EADS.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 114.88 ÷ 3.94

29.16x

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

  • Airbus is overvalued based on earnings compared to the US Aerospace & Defense industry average.
  • Airbus is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Airbus's expected growth come at a high price?
Raw Data
OTCPK:EADS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts
18.1%per year
United States of America Aerospace & Defense Industry PEG Ratio Median Figure of 34 Publicly-Listed Aerospace & Defense Companies 1.68x
United States of America Market PEG Ratio Median Figure of 2,104 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

OTCPK:EADS.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 29.16x ÷ 18.1%

1.61x

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
OTCPK:EADS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €12.54
ENXTPA:AIR Share Price * ENXTPA (2019-03-22) in EUR €114.88
United States of America Aerospace & Defense Industry PB Ratio Median Figure of 56 Publicly-Listed Aerospace & Defense Companies 2.53x
United States of America Market PB Ratio Median Figure of 5,164 Publicly-Listed Companies 1.84x
OTCPK:EADS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 114.88 ÷ 12.54

9.16x

* 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 US 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 1/6, 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.

Future Performance

 How is Airbus expected to perform in the next 1 to 3 years based on estimates from 23 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
18.1%
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 2.7%.
Growth vs Market Checks
  • Airbus's earnings growth is expected to exceed the United States of America market average.
  • Airbus's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:EADS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:EADS.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts 18.1%
OTCPK:EADS.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts 5.5%
United States of America Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 10.4%
United States of America Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
OTCPK:EADS.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:EADS.F Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 84,860 7,067 7,219 6
2022-12-31 79,018 9,006 7,131 10
2021-12-31 79,033 9,162 6,454 15
2020-12-31 74,585 8,263 5,499 23
2019-12-31 70,271 6,695 4,566 22
OTCPK:EADS.F Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 63,707 2,318 3,054
2018-09-30 69,181 2,737 2,928
2018-06-30 66,562 2,874 2,278
2018-03-31 65,444 2,210 2,747
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
2016-06-30 64,312 2,186 2,933
2016-03-31 64,555 1,312 2,303

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Airbus's earnings are expected to grow by 18.1% yearly, however this is not considered high growth (20% yearly).
  • Airbus's revenue is expected to grow by 5.5% 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
OTCPK:EADS.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below

All data from Airbus Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:EADS.F Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 9.21 9.32 9.10 2.00
2022-12-31 9.44 10.44 8.68 4.00
2021-12-31 8.30 8.93 7.91 9.00
2020-12-31 7.07 7.79 6.05 18.00
2019-12-31 5.82 6.33 5.23 17.00
OTCPK:EADS.F Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 3.94
2018-09-30 3.78
2018-06-30 2.94
2018-03-31 3.55
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
2016-06-30 3.76
2016-03-31 2.94

*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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.

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 (29.4% vs 2.3%)
  • Airbus's earnings growth has exceeded the US Aerospace & Defense industry average in the past year (29.4% vs 29.2%).
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 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:EADS.F Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
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 66,562.00 2,278.00 2,271.00 2,922.00
2018-03-31 65,444.00 2,747.00 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
2012-09-30 53,699.00 1,492.00 2,753.00 3,146.00
2012-06-30 52,126.00 1,503.00 2,654.00 3,168.00
2012-03-31 50,678.00 1,171.00 2,504.00 3,228.00

*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.
  • Airbus has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Airbus used its assets less efficiently than the US Aerospace & Defense industry average last year based on Return on Assets.
  • Airbus has 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 5/6, 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.

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 6.6x 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 2 months ago.

OTCPK:EADS.F Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 9,719.00 8,926.00 12,477.00
2018-09-30 9,526.00 11,138.00 8,966.00
2018-06-30 9,191.00 9,707.00 8,214.00
2018-03-31 12,066.00 11,154.00 11,107.00
2017-12-31 10,742.00 11,196.00 14,496.00
2017-09-30 11,499.00 11,262.00 8,774.00
2017-06-30 9,044.00 11,442.00 10,117.00
2017-03-31 5,605.00 10,574.00 11,403.00
2016-12-31 3,652.00 10,478.00 12,698.00
2016-09-30 6,296.00 11,319.00 8,261.00
2016-06-30 6,053.00 12,344.00 10,755.00
2016-03-31 7,863.00 11,551.00 9,113.00
2015-12-31 5,973.00 9,125.00 8,993.00
2015-09-30 6,387.00 9,439.00 8,381.00
2015-06-30 5,715.00 8,406.00 8,810.00
2015-03-31 2,635.00 7,882.00 10,237.00
2014-12-31 7,079.00 7,351.00 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 5,630.00 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 4,779.00 11,710.00
2012-09-30 9,219.00 5,618.00 7,265.00
2012-06-30 7,646.00 5,296.00 8,310.00
2012-03-31 10,180.00 4,878.00 7,598.00
  • Airbus's level of debt (91.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (51.7% vs 91.8% today).
  • Debt is well covered by operating cash flow (26%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 26.8x 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.

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
1.44%
Current annual income from Airbus dividends. Estimated to be 2.26% next year.
If you bought $2,000 of Airbus shares you are expected to receive $29 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 United States of America (1.49%).
  • Airbus's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
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
OTCPK:EADS.F 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 23 Analyst Estimates (S&P Global) See Below
United States of America Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

OTCPK:EADS.F Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 3.73 1.00
2022-12-31 3.41 5.00
2021-12-31 3.02 13.00
2020-12-31 2.59 22.00
2019-12-31 2.12 22.00
OTCPK:EADS.F Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-14 1.650 1.449
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
2009-03-24 0.200 1.576

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

  • Dividends per share have been stable in the past 10 years.
  • 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 (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Airbus's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 4/6, see the detailed checks below.


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

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
Tom Enders
COMPENSATION €6,621,034
AGE 60
TENURE AS CEO 6.8 years
CEO Bio

Dr. Thomas Enders, also known as Tom, has been the Chief Executive Officer at Airbus SE since June 1, 2012. Dr. Enders has been an Executive Director of Airbus SE since 2012. He serves as the Chief Executive Officer of Airbus S.A.S. and AirbusGroup Limited. He served as the Chief Executive Officer of EADS CASA S.A. since May 2012. He served as the Chief Executive Officer of Airbus Defense and Space SA since May 2012. He has been a member of the Executive Committee of Airbus since its creation in 2000. He served as Chief Executive Officer at Airbus Defence and Space GmbH. He served as the Chief Executive Officer of Airbus from June 1, 2012 to January 1, 2013 and served as its Head of Europe's Aerospace and Defense Group since January 2012. Dr. Enders served as the Chief Executive Officer and President at Airbus S.A.S. from August 2007 to June 4, 2012. He served as Chief Executive Officer of the Airbus Commercial Aircraft Division since 2007. He served as Head of Armaments Division for European Aeronautic Defense & Space Co. and Airbus. He served as the Chief Executive Officer of Airbus SE from May 11, 2005 to July 2007. Following the creation of EADS in 2000, he served as Chief Executive Officer of the EADS Defense and Security Systems Division. He served as Chief Executive Officer of Airbus Group Inc. since June 2005 and Co-Chief Executive Officer since June 2006 until 2007. He served as Head of Defense Division at Airbus SE from 2000 to 2005. He served as Head of Security Systems Division and a Head of Civil Systems Division of Airbus. He served for more than 3 years as Senior Vice President (Director) for Corporate Strategy and Technology of DaimlerChrysler Aerospace AG (DASA). He served as an Executive Vice President of EADS, where he headed the Defense and Security Systems Division. He began his professional career in 1982 as an assistant in the German Federal Parliament. He served with the German Army's 1st Airborne Division from 1977 to 1978. Subsequently, as a reserve officer, he reached the rank of Major. Dr. Enders served as an Assistant in German Bundestag from 1982 to 1989, as a Research Associate of Konrad Adenauer Foundation, German Society for Foreign Affairs and the International Institute for Strategic Studies (IISS) in St. Augustin from 1985 to 1989. He served as a Research Associate of Deutsche Ge-sellschaft für Auswärtige Politik from 1988 to 1990, the well-known German Society for Foreign Affairs in Bonn and also at International Institute for Strategic Studies in London. Prior to joining the aerospace industry in 1991, he worked, inter alia, as a Member of the Planungsstab of the German Minister of Defense and in various Foreign Policy think tanks. He was a Member of the Planning Staff for the Federal Minister of Defense in Bonn from 1989 to 1991. He joined Dasa in 1991. Dr. Enders served as a Member of Corporate Concept & Study Group and served as an Assistant to Marketing Director of Dasa since 1992 and Vice President of Marketing for Europe. Since 1995, he served as Head of the Chairman's office and Corporate Secretary of Dasa. He serves as Chairman of the Supervisory Board of Airbus DS Holding B.V. He serves as the Chairman of the Supervisory Board at Airbus Defense and Space Deutschland GmbH. He serves as Chairman of the Supervisory Board of Airbus Helicopters SAS. He served as Chairman of the Atlantik-Brücke e.V. from 2005 to 2009. He serves as a Director of EADS CASA S.A. and OneWeb LLC. He has been Director of Linde plc since October 31, 2018. Dr. Enders has been a Member of Joint Advisory Council at Allianz SE since January 1, 2013. He was Chairman of the Advisory Council for Aeronautics Research and Innovation in Europe until June 2013. He has been a Member of Supervisory Board at Linde Aktiengesellschaft since May 2017. He serves as a Member of the Shareholder Board of Airbus S.A.S. He serves as a Member of the Board of Directors of WORLDVU Satellites Ltd. He has been a Member of Advisory Board at HSBC Trinkaus & Burkhardt AG since January 2012. He served as Director of Airbus Defense and Space SA. He is a Member of the Advisory Counsel of EDB. He served as Director of Airbus Group Inc. From 2011 to 2015, he was a member of the Business Advisory Group of then U.K. Prime Minister David Cameron. He is patron of the German Mayday Foundation. He was the President of the German Aerospace Industries Association BDLI from April 2005 to 2012. He has been Member of the BDI Presidential Board (German Industry Association) since 2009. In 2014, he joined the Advisory Council of the Munich Security Conference as well as the Senate of the Max-Planck-Gesellschaft. He is a Member of the International Advisory Board of Atlantic Council of the US. He holds a Private Pilot's License (PPL) for helicopters. In 1987, he was awarded his Doctorate in Politics from Rheinische Friedrich-Wilhelms-Universität Bonn and studied Economics, Political Science and History at University of Bonn and at University of California, Los Angeles (UCLA) from 1978 to 1983.

CEO Compensation
  • Tom's compensation has been consistent with company performance over the past year.
  • Tom's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

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

6.7
Average Tenure
52.5
Average Age
  • The average tenure for the Airbus management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tom Enders

TITLE
CEO & Executive Director
COMPENSATION
€7M
AGE
60
TENURE
6.8 yrs

Harald Wilhelm

TITLE
Chief Financial Officer
AGE
52
TENURE
6.8 yrs

Michael Schöllhorn

TITLE
Chief Operating Officer
AGE
53
TENURE
0.1 yrs

Grazia Vittadini

TITLE
Chief Technology Officer
AGE
47
TENURE
0.8 yrs

Luc Hennekens

TITLE
Chief Information Officer
TENURE
2.4 yrs

Julie Kitcher

TITLE
Head of Investor Relations & Financial Communication

John Harrison

TITLE
Group General Counsel
AGE
51
TENURE
3.8 yrs

Rainer Ohler

TITLE
Executive Vice President of Communications
AGE
56
TENURE
6.7 yrs

Thierry Baril

TITLE
Chief Human Resources Officer & Chief Human Resources Officer of Airbus Commercial Aircraft
AGE
53
TENURE
6.8 yrs

Alexander Reinhardt

TITLE
Head of Public Affairs Germany
AGE
50
TENURE
6.8 yrs
Board of Directors Tenure

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

3.8
Average Tenure
59.5
Average Age
  • The tenure for the Airbus board of directors is about average.
Board of Directors

Denis Ranque

TITLE
Chairman
COMPENSATION
€285K
AGE
66
TENURE
5.9 yrs

Tom Enders

TITLE
CEO & Executive Director
COMPENSATION
€7M
AGE
60
TENURE
7.2 yrs

Jeff Knittel

TITLE
Chairman & CEO of Airbus Americas
AGE
59

Hermann-Josef Lamberti

TITLE
Independent Non-Executive Director
COMPENSATION
€195K
AGE
62
TENURE
12.2 yrs

Maria Moraleda Martinez

TITLE
Independent Non-Executive Director
COMPENSATION
€192K
AGE
54
TENURE
3.8 yrs

Ralph Crosby

TITLE
Independent Non-Executive Director
COMPENSATION
€175K
AGE
71
TENURE
5.9 yrs

Catherine Guillouard

TITLE
Independent Non-Executive Director
COMPENSATION
€195K
AGE
53
TENURE
2.9 yrs

Claudia Nemat

TITLE
Independent Non-Executive Director
COMPENSATION
€175K
AGE
50
TENURE
2.9 yrs

Carlos Tavares

TITLE
Independent Non-Executive Director
COMPENSATION
€130K
AGE
60
TENURE
2.9 yrs

Paul Drayson

TITLE
Independent Non-Executive Director
COMPENSATION
€169K
AGE
57
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • Airbus insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
01. Mar 19 Sell Thomas Enders Individual 01. Mar 19 01. Mar 19 -40,000 $129.50 $-5,180,112
05. Nov 18 Buy Thomas Enders Individual 05. Nov 18 05. Nov 18 11,360 $109.48 $1,243,642
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.

News

Simply Wall St News

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 headquartered in Leiden, the Netherlands.

Details
Name: Airbus SE
EADS.F
Exchange: OTCPK
Founded: 2000
€100,412,853,160
775,790,054
Website: http://www.airbus.com
Address: Airbus SE
PO Box 32008,
Leiden,
Zuid-Holland, 2303 DA,
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 23. Mar 2019
DB AIRA ADR Deutsche Boerse AG DE EUR 23. Mar 2019
DB AIRA UNSPONSORED ADR Deutsche Boerse AG DE EUR 20. Nov 2006
XTRA AIRA ADR XETRA Trading Platform DE EUR 23. Mar 2019
Number of employees
Current staff
Staff numbers
133,671
Airbus employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 23:47
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/17
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
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.