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BAE Systems plc
Buy, Hold or Sell?

Let's analyse BAE Systems plc together

PenkeI guess you are interested in BAE Systems plc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of BAE Systems plc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of BAE Systems plc (30 sec.)










What can you expect buying and holding a share of BAE Systems plc? (30 sec.)

How much money do you get?

How much money do you get?
€1.21
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€3.49
Expected worth in 1 year
€2.99
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
€0.62
Return On Investment
3.8%

For what price can you sell your share?

Current Price per Share
€16.35
Expected price per share
€14.59 - €16.41
How sure are you?
50%

1. Valuation of BAE Systems plc (5 min.)




Live pricePrice per Share (EOD)

€16.35

Intrinsic Value Per Share

€6.74 - €16.72

Total Value Per Share

€10.23 - €20.21

2. Growth of BAE Systems plc (5 min.)




Is BAE Systems plc growing?

Current yearPrevious yearGrowGrow %
How rich?$11.6b$12.3b-$735m-6.3%

How much money is BAE Systems plc making?

Current yearPrevious yearGrowGrow %
Making money$2.3b$2b$338.1m14.3%
Net Profit Margin8.0%7.5%--

How much money comes from the company's main activities?

3. Financial Health of BAE Systems plc (5 min.)




4. Comparing to competitors in the Aerospace & Defense industry (5 min.)




  Industry Rankings (Aerospace & Defense)  


Richest
#9 / 198

Most Revenue
#2 / 198

Most Profit
#4 / 198

What can you expect buying and holding a share of BAE Systems plc? (5 min.)

Welcome investor! BAE Systems plc's management wants to use your money to grow the business. In return you get a share of BAE Systems plc.

What can you expect buying and holding a share of BAE Systems plc?

First you should know what it really means to hold a share of BAE Systems plc. And how you can make/lose money.

Speculation

The Price per Share of BAE Systems plc is €16.35. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of BAE Systems plc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in BAE Systems plc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €3.49. Based on the TTM, the Book Value Change Per Share is €-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is €1.23 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.28 per quarter.
Based on historical numbers we can estimate the returns while holding a share of BAE Systems plc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.774.7%0.774.7%0.643.9%0.643.9%0.503.0%
Usd Book Value Change Per Share-0.14-0.8%-0.14-0.8%1.338.2%0.382.3%0.261.6%
Usd Dividend Per Share0.301.9%0.301.9%0.281.7%0.271.6%0.251.5%
Usd Total Gains Per Share0.171.0%0.171.0%1.619.8%0.643.9%0.513.1%
Usd Price Per Share14.19-14.19-10.62-9.07-4.54-
Price to Earnings Ratio18.47-18.47-16.56-13.92-6.96-
Price-to-Total Gains Ratio84.91-84.91-6.60-52.06-52.06-
Price to Book Ratio3.74-3.74-2.70-3.35-1.68-
Price-to-Total Gains Ratio84.91-84.91-6.60-52.06-52.06-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share17.75283
Number of shares56
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.300.27
Usd Book Value Change Per Share-0.140.38
Usd Total Gains Per Share0.170.64
Gains per Quarter (56 shares)9.3636.11
Gains per Year (56 shares)37.44144.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
168-30276084134
2136-6164120169278
3204-91101180253422
4271-122138240338566
5339-152175300422710
6407-182212360507854
7475-213249420591998
8543-2432864806751142
9611-2743235407601286
10679-3043606008441430

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%26.07.00.078.8%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%6.04.00.060.0%15.018.00.045.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.00.011.066.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%22.011.00.066.7%

Fundamentals of BAE Systems plc

About BAE Systems plc

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems. The Cyber & Intelligence segment provides solutions to modernize, maintain, and test cyber-harden aircraft, radars, missile systems, and mission applications that detect and deter threats to national security; systems engineering, integration, and sustainment services for critical weapons systems, C5ISR, and cyber security; and solutions and services to intelligence and federal/civilian agencies. It also offers data intelligence solutions to protect nations, businesses, and citizens. The Platforms & Services segment manufactures, and upgrades combat vehicles, weapons, and munitions, as well as provides naval ship repair services and the management of government-owned ammunition plants. The Air segment develops future combat air systems and falconworks. The Maritime segment provides maritime and land activities, including submarine, ship build, and support programmes. BAE Systems plc was founded in 1970 and is headquartered in Camberley, the United Kingdom.

Fundamental data was last updated by Penke on 2024-05-05 03:18:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of BAE Systems plc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit BAE Systems plc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • A Net Profit Margin of 8.0% means that €0.08 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of BAE Systems plc:

  • The MRQ is 8.0%. The company is making a profit. +1
  • The TTM is 8.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY7.5%+0.6%
TTM8.0%5Y7.9%+0.2%
5Y7.9%10Y6.6%+1.3%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%4.6%+3.4%
TTM8.0%4.0%+4.0%
YOY7.5%3.8%+3.7%
5Y7.9%3.1%+4.8%
10Y6.6%3.4%+3.2%
1.1.2. Return on Assets

Shows how efficient BAE Systems plc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • 6.8% Return on Assets means that BAE Systems plc generated €0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of BAE Systems plc:

  • The MRQ is 6.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.8%TTM6.8%0.0%
TTM6.8%YOY5.9%+0.9%
TTM6.8%5Y6.5%+0.3%
5Y6.5%10Y5.6%+0.9%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ6.8%0.8%+6.0%
TTM6.8%0.7%+6.1%
YOY5.9%0.7%+5.2%
5Y6.5%0.5%+6.0%
10Y5.6%0.7%+4.9%
1.1.3. Return on Equity

Shows how efficient BAE Systems plc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • 20.6% Return on Equity means BAE Systems plc generated €0.21 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of BAE Systems plc:

  • The MRQ is 20.6%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 20.6%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ20.6%TTM20.6%0.0%
TTM20.6%YOY16.6%+4.0%
TTM20.6%5Y25.9%-5.3%
5Y25.9%10Y28.6%-2.7%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ20.6%1.8%+18.8%
TTM20.6%1.7%+18.9%
YOY16.6%1.6%+15.0%
5Y25.9%1.3%+24.6%
10Y28.6%1.6%+27.0%

1.2. Operating Efficiency of BAE Systems plc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient BAE Systems plc is operating .

  • Measures how much profit BAE Systems plc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • An Operating Margin of 12.8% means the company generated €0.13  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of BAE Systems plc:

  • The MRQ is 12.8%. The company is operating less efficient.
  • The TTM is 12.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.8%TTM12.8%0.0%
TTM12.8%YOY9.8%+3.0%
TTM12.8%5Y10.0%+2.8%
5Y10.0%10Y9.2%+0.8%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ12.8%7.0%+5.8%
TTM12.8%3.2%+9.6%
YOY9.8%5.2%+4.6%
5Y10.0%4.3%+5.7%
10Y9.2%3.3%+5.9%
1.2.2. Operating Ratio

Measures how efficient BAE Systems plc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Aerospace & Defense industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are €0.90 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of BAE Systems plc:

  • The MRQ is 0.900. The company is less efficient in keeping operating costs low.
  • The TTM is 0.900. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.900TTM0.9000.000
TTM0.900YOY0.895+0.004
TTM0.9005Y0.896+0.003
5Y0.89610Y0.911-0.015
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9001.358-0.458
TTM0.9001.189-0.289
YOY0.8951.063-0.168
5Y0.8961.154-0.258
10Y0.9111.102-0.191

1.3. Liquidity of BAE Systems plc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if BAE Systems plc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Aerospace & Defense industry mean).
  • A Current Ratio of 1.08 means the company has €1.08 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of BAE Systems plc:

  • The MRQ is 1.076. The company is just able to pay all its short-term debts.
  • The TTM is 1.076. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.076TTM1.0760.000
TTM1.076YOY1.080-0.004
TTM1.0765Y1.037+0.039
5Y1.03710Y0.991+0.046
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0761.441-0.365
TTM1.0761.461-0.385
YOY1.0801.496-0.416
5Y1.0371.614-0.577
10Y0.9911.558-0.567
1.3.2. Quick Ratio

Measures if BAE Systems plc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • A Quick Ratio of 0.80 means the company can pay off €0.80 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of BAE Systems plc:

  • The MRQ is 0.796. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.796. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.796TTM0.7960.000
TTM0.796YOY0.835-0.039
TTM0.7965Y0.778+0.018
5Y0.77810Y0.758+0.019
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7960.691+0.105
TTM0.7960.744+0.052
YOY0.8350.923-0.088
5Y0.7780.903-0.125
10Y0.7580.931-0.173

1.4. Solvency of BAE Systems plc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of BAE Systems plc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare BAE Systems plc to Aerospace & Defense industry mean.
  • A Debt to Asset Ratio of 0.67 means that BAE Systems plc assets are financed with 66.6% credit (debt) and the remaining percentage (100% - 66.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of BAE Systems plc:

  • The MRQ is 0.666. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.666. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.666TTM0.6660.000
TTM0.666YOY0.638+0.028
TTM0.6665Y0.725-0.060
5Y0.72510Y0.780-0.054
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6660.612+0.054
TTM0.6660.608+0.058
YOY0.6380.596+0.042
5Y0.7250.614+0.111
10Y0.7800.629+0.151
1.4.2. Debt to Equity Ratio

Measures if BAE Systems plc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • A Debt to Equity ratio of 202.1% means that company has €2.02 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of BAE Systems plc:

  • The MRQ is 2.021. The company is just not able to pay all its debts with equity.
  • The TTM is 2.021. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.021TTM2.0210.000
TTM2.021YOY1.789+0.232
TTM2.0215Y3.004-0.983
5Y3.00410Y4.346-1.342
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0211.503+0.518
TTM2.0211.443+0.578
YOY1.7891.359+0.430
5Y3.0041.506+1.498
10Y4.3461.638+2.708

2. Market Valuation of BAE Systems plc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings BAE Systems plc generates.

  • Above 15 is considered overpriced but always compare BAE Systems plc to the Aerospace & Defense industry mean.
  • A PE ratio of 18.47 means the investor is paying €18.47 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of BAE Systems plc:

  • The EOD is 23.104. Based on the earnings, the company is fair priced.
  • The MRQ is 18.469. Based on the earnings, the company is fair priced.
  • The TTM is 18.469. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD23.104MRQ18.469+4.635
MRQ18.469TTM18.4690.000
TTM18.469YOY16.556+1.913
TTM18.4695Y13.920+4.549
5Y13.92010Y6.960+6.960
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD23.10418.794+4.310
MRQ18.46915.731+2.738
TTM18.46914.164+4.305
YOY16.55616.842-0.286
5Y13.92015.326-1.406
10Y6.96018.971-12.011
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of BAE Systems plc:

  • The EOD is 17.919. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 14.324. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 14.324. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD17.919MRQ14.324+3.595
MRQ14.324TTM14.3240.000
TTM14.324YOY14.369-0.045
TTM14.3245Y16.914-2.590
5Y16.91410Y8.457+8.457
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD17.919-0.051+17.970
MRQ14.324-0.068+14.392
TTM14.3240.542+13.782
YOY14.3690.159+14.210
5Y16.914-0.257+17.171
10Y8.4570.148+8.309
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of BAE Systems plc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Aerospace & Defense industry mean).
  • A PB ratio of 3.74 means the investor is paying €3.74 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of BAE Systems plc:

  • The EOD is 4.684. Based on the equity, the company is fair priced.
  • The MRQ is 3.744. Based on the equity, the company is fair priced.
  • The TTM is 3.744. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.684MRQ3.744+0.940
MRQ3.744TTM3.7440.000
TTM3.744YOY2.705+1.039
TTM3.7445Y3.355+0.390
5Y3.35510Y1.677+1.677
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD4.6842.609+2.075
MRQ3.7442.307+1.437
TTM3.7442.378+1.366
YOY2.7052.168+0.537
5Y3.3552.594+0.761
10Y1.6772.802-1.125
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of BAE Systems plc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.125-0.1250%1.228-110%0.347-136%0.244-151%
Book Value Per Share--3.4913.4910%3.616-3%2.550+37%1.862+87%
Current Ratio--1.0761.0760%1.0800%1.037+4%0.991+9%
Debt To Asset Ratio--0.6660.6660%0.638+4%0.725-8%0.780-15%
Debt To Equity Ratio--2.0212.0210%1.789+13%3.004-33%4.346-53%
Dividend Per Share--0.2790.2790%0.254+10%0.247+13%0.229+22%
Eps--0.7080.7080%0.591+20%0.591+20%0.457+55%
Free Cash Flow Per Share--0.9120.9120%0.681+34%0.556+64%0.404+126%
Free Cash Flow To Equity Per Share--0.2000.2000%-0.059+130%0.063+219%0.051+296%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--16.717--------
Intrinsic Value_10Y_min--6.740--------
Intrinsic Value_1Y_max--0.941--------
Intrinsic Value_1Y_min--0.477--------
Intrinsic Value_3Y_max--3.388--------
Intrinsic Value_3Y_min--1.614--------
Intrinsic Value_5Y_max--6.508--------
Intrinsic Value_5Y_min--2.939--------
Market Cap49638763238.400+19%40151040000.00040151040000.0000%30836340000.000+30%26334554000.000+52%13167277000.000+205%
Net Profit Margin--0.0800.0800%0.075+8%0.079+2%0.066+23%
Operating Margin--0.1280.1280%0.098+31%0.100+28%0.092+40%
Operating Ratio--0.9000.9000%0.895+0%0.896+0%0.911-1%
Pb Ratio4.684+20%3.7443.7440%2.705+38%3.355+12%1.677+123%
Pe Ratio23.104+20%18.46918.4690%16.556+12%13.920+33%6.960+165%
Price Per Share16.350+20%13.07013.0700%9.780+34%8.354+56%4.177+213%
Price To Free Cash Flow Ratio17.919+20%14.32414.3240%14.3690%16.914-15%8.457+69%
Price To Total Gains Ratio106.219+20%84.91084.9100%6.600+1187%52.062+63%52.062+63%
Quick Ratio--0.7960.7960%0.835-5%0.778+2%0.758+5%
Return On Assets--0.0680.0680%0.059+15%0.065+4%0.056+21%
Return On Equity--0.2060.2060%0.166+24%0.259-21%0.286-28%
Total Gains Per Share--0.1540.1540%1.482-90%0.594-74%0.472-67%
Usd Book Value--11643033400.00011643033400.0000%12378120000.000-6%8734826680.000+33%6399596620.000+82%
Usd Book Value Change Per Share---0.136-0.1360%1.333-110%0.377-136%0.265-151%
Usd Book Value Per Share--3.7903.7900%3.926-3%2.769+37%2.021+87%
Usd Dividend Per Share--0.3030.3030%0.276+10%0.268+13%0.248+22%
Usd Eps--0.7680.7680%0.641+20%0.641+20%0.496+55%
Usd Free Cash Flow--3043497400.0003043497400.0000%2330126800.000+31%1900150000.000+60%1387218080.000+119%
Usd Free Cash Flow Per Share--0.9910.9910%0.739+34%0.603+64%0.439+126%
Usd Free Cash Flow To Equity Per Share--0.2170.2170%-0.064+130%0.068+219%0.055+296%
Usd Market Cap53897769124.255+19%43595999232.00043595999232.0000%33482097972.000+30%28594058733.200+52%14297029366.600+205%
Usd Price Per Share17.753+20%14.19114.1910%10.619+34%9.071+56%4.536+213%
Usd Profit--2360518233.4202360518233.4200%2022393381.460+17%2029003340.972+16%1576983802.036+50%
Usd Revenue--29335508772.68029335508772.6800%27022022943.480+9%25788757036.068+14%23578615381.546+24%
Usd Total Gains Per Share--0.1670.1670%1.609-90%0.645-74%0.513-67%
 EOD+4 -4MRQTTM+0 -0YOY+20 -155Y+26 -910Y+26 -9

3.2. Fundamental Score

Let's check the fundamental score of BAE Systems plc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.104
Price to Book Ratio (EOD)Between0-14.684
Net Profit Margin (MRQ)Greater than00.080
Operating Margin (MRQ)Greater than00.128
Quick Ratio (MRQ)Greater than10.796
Current Ratio (MRQ)Greater than11.076
Debt to Asset Ratio (MRQ)Less than10.666
Debt to Equity Ratio (MRQ)Less than12.021
Return on Equity (MRQ)Greater than0.150.206
Return on Assets (MRQ)Greater than0.050.068
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of BAE Systems plc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.646
Ma 20Greater thanMa 5015.991
Ma 50Greater thanMa 10015.631
Ma 100Greater thanMa 20014.837
OpenGreater thanClose16.225
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Long-term Assets Other  -726,000-246,000-972,000350,000-622,000284,000-338,0001,959,0001,621,000



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets32,064,000
Total Liabilities21,341,000
Total Stockholder Equity10,559,000
 As reported
Total Liabilities 21,341,000
Total Stockholder Equity+ 10,559,000
Total Assets = 32,064,000

Assets

Total Assets32,064,000
Total Current Assets11,773,000
Long-term Assets20,291,000
Total Current Assets
Cash And Cash Equivalents 4,008,000
Short-term Investments 43,000
Net Receivables 4,659,000
Inventory 1,156,000
Other Current Assets 1,891,000
Total Current Assets  (as reported)11,773,000
Total Current Assets  (calculated)11,757,000
+/- 16,000
Long-term Assets
Property Plant Equipment 4,946,000
Goodwill 11,386,000
Intangible Assets 713,000
Long-term Assets Other 1,621,000
Long-term Assets  (as reported)20,291,000
Long-term Assets  (calculated)18,666,000
+/- 1,625,000

Liabilities & Shareholders' Equity

Total Current Liabilities10,943,000
Long-term Liabilities10,398,000
Total Stockholder Equity10,559,000
Total Current Liabilities
Short-term Debt 774,000
Short Long Term Debt 627,000
Accounts payable 866,000
Other Current Liabilities 9,303,000
Total Current Liabilities  (as reported)10,943,000
Total Current Liabilities  (calculated)11,570,000
+/- 627,000
Long-term Liabilities
Long term Debt 4,432,000
Capital Lease Obligations 1,420,000
Long-term Liabilities  (as reported)10,398,000
Long-term Liabilities  (calculated)5,852,000
+/- 4,546,000
Total Stockholder Equity
Common Stock81,000
Retained Earnings 2,822,000
Accumulated Other Comprehensive Income 6,201,000
Other Stockholders Equity 1,455,000
Total Stockholder Equity (as reported)10,559,000
Total Stockholder Equity (calculated)10,559,000
+/-0
Other
Capital Stock81,000
Cash and Short Term Investments 4,008,000
Common Stock Shares Outstanding 3,072,000
Liabilities and Stockholders Equity 32,064,000
Net Debt 2,471,000
Net Invested Capital 15,618,000
Net Working Capital 830,000
Property Plant and Equipment Gross 9,080,000
Short Long Term Debt Total 6,479,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-311993-12-311992-12-311991-12-311990-12-311989-12-311988-12-311987-12-311986-12-311985-12-31
> Total Assets 
2,741,600
3,277,100
4,329,000
6,494,000
9,176,000
9,291,000
10,168,000
10,882,000
10,834,000
7,839,000
7,645,000
7,725,000
7,820,000
9,050,000
17,434,000
17,375,000
17,206,000
15,593,000
15,362,000
16,262,000
20,235,000
18,147,000
20,260,000
25,675,000
25,489,000
24,030,000
23,101,000
22,274,000
19,681,000
19,788,000
20,083,000
22,976,000
23,037,000
24,746,000
25,630,000
27,530,000
27,135,000
31,462,000
32,064,000
32,064,00031,462,00027,135,00027,530,00025,630,00024,746,00023,037,00022,976,00020,083,00019,788,00019,681,00022,274,00023,101,00024,030,00025,489,00025,675,00020,260,00018,147,00020,235,00016,262,00015,362,00015,593,00017,206,00017,375,00017,434,0009,050,0007,820,0007,725,0007,645,0007,839,00010,834,00010,882,00010,168,0009,291,0009,176,0006,494,0004,329,0003,277,1002,741,600
   > Total Current Assets 
2,182,900
2,681,900
3,333,000
3,988,000
6,183,000
6,009,000
6,495,000
7,194,000
7,303,000
5,666,000
5,832,000
5,622,000
5,661,000
6,528,000
8,242,000
7,017,000
7,064,000
5,952,000
5,953,000
5,110,000
5,651,000
6,304,000
6,996,000
8,069,000
8,803,000
7,616,000
6,381,000
6,978,000
6,169,000
5,977,000
6,332,000
7,029,000
8,383,000
9,576,000
9,244,000
9,406,000
8,818,000
10,634,000
11,773,000
11,773,00010,634,0008,818,0009,406,0009,244,0009,576,0008,383,0007,029,0006,332,0005,977,0006,169,0006,978,0006,381,0007,616,0008,803,0008,069,0006,996,0006,304,0005,651,0005,110,0005,953,0005,952,0007,064,0007,017,0008,242,0006,528,0005,661,0005,622,0005,832,0005,666,0007,303,0007,194,0006,495,0006,009,0006,183,0003,988,0003,333,0002,681,9002,182,900
       Cash And Cash Equivalents 
116,300
77,800
203,000
197,000
472,000
366,000
181,000
382,000
331,000
306,000
235,000
149,000
204,000
308,000
811,000
1,475,000
1,505,000
930,000
780,000
1,651,000
2,581,000
3,100,000
3,062,000
2,624,000
3,693,000
2,813,000
2,141,000
3,355,000
2,222,000
2,308,000
2,537,000
2,769,000
3,271,000
3,232,000
2,587,000
2,768,000
2,917,000
3,107,000
4,008,000
4,008,0003,107,0002,917,0002,768,0002,587,0003,232,0003,271,0002,769,0002,537,0002,308,0002,222,0003,355,0002,141,0002,813,0003,693,0002,624,0003,062,0003,100,0002,581,0001,651,000780,000930,0001,505,0001,475,000811,000308,000204,000149,000235,000306,000331,000382,000181,000366,000472,000197,000203,00077,800116,300
       Short-term Investments 
526,000
922,800
924,000
610,000
2,020,000
1,493,000
1,492,000
1,255,000
1,118,000
1,162,000
1,278,000
1,730,000
1,851,000
1,066,000
1,643,000
1,159,000
1,069,000
776,000
883,000
763,000
688,000
553,000
265,000
674,000
211,000
260,000
658,000
0
15,000
5,000
58,000
53,000
12,000
87,000
7,000
9,000
8,000
23,000
43,000
43,00023,0008,0009,0007,00087,00012,00053,00058,0005,00015,0000658,000260,000211,000674,000265,000553,000688,000763,000883,000776,0001,069,0001,159,0001,643,0001,066,0001,851,0001,730,0001,278,0001,162,0001,118,0001,255,0001,492,0001,493,0002,020,000610,000924,000922,800526,000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-54,000
2,253,000
2,933,000
3,831,000
3,980,000
3,848,000
3,464,000
0
2,579,000
2,330,000
2,398,000
2,769,000
3,234,000
3,825,000
4,117,000
4,269,000
3,759,000
5,064,000
4,659,000
4,659,0005,064,0003,759,0004,269,0004,117,0003,825,0003,234,0002,769,0002,398,0002,330,0002,579,00003,464,0003,848,0003,980,0003,831,0002,933,0002,253,000-54,00000000000000000000000
       Inventory 
1,090,300
1,175,500
1,388,000
2,037,000
2,362,000
2,830,000
3,151,000
3,448,000
3,892,000
2,527,000
2,171,000
1,743,000
1,703,000
1,442,000
1,559,000
1,536,000
1,046,000
768,000
775,000
498,000
485,000
395,000
701,000
926,000
887,000
644,000
716,000
655,000
680,000
690,000
726,000
744,000
733,000
774,000
835,000
858,000
811,000
976,000
1,156,000
1,156,000976,000811,000858,000835,000774,000733,000744,000726,000690,000680,000655,000716,000644,000887,000926,000701,000395,000485,000498,000775,000768,0001,046,0001,536,0001,559,0001,442,0001,703,0001,743,0002,171,0002,527,0003,892,0003,448,0003,151,0002,830,0002,362,0002,037,0001,388,0001,175,5001,090,300
       Other Current Assets 
450,300
505,800
818,000
1,144,000
1,329,000
1,320,000
1,671,000
2,109,000
1,962,000
1,671,000
2,148,000
2,000,000
1,903,000
3,712,000
4,229,000
2,847,000
3,444,000
3,478,000
3,515,000
2,198,000
1,951,000
3,000
35,000
14,000
32,000
51,000
60,000
2,968,000
688,000
649,000
671,000
747,000
1,145,000
1,745,000
1,705,000
1,511,000
1,331,000
1,487,000
1,891,000
1,891,0001,487,0001,331,0001,511,0001,705,0001,745,0001,145,000747,000671,000649,000688,0002,968,00060,00051,00032,00014,00035,0003,0001,951,0002,198,0003,515,0003,478,0003,444,0002,847,0004,229,0003,712,0001,903,0002,000,0002,148,0001,671,0001,962,0002,109,0001,671,0001,320,0001,329,0001,144,000818,000505,800450,300
   > Long-term Assets 
558,700
595,200
996,000
2,506,000
2,993,000
3,282,000
3,673,000
3,688,000
3,531,000
2,173,000
1,813,000
2,103,000
2,159,000
2,522,000
9,192,000
10,358,000
10,142,000
9,641,000
9,409,000
11,152,000
14,584,000
11,843,000
13,264,000
17,606,000
16,686,000
16,414,000
16,720,000
15,296,000
11,957,000
11,818,000
12,126,000
13,832,000
12,987,000
13,553,000
14,470,000
15,963,000
16,366,000
18,287,000
20,291,000
20,291,00018,287,00016,366,00015,963,00014,470,00013,553,00012,987,00013,832,00012,126,00011,818,00011,957,00015,296,00016,720,00016,414,00016,686,00017,606,00013,264,00011,843,00014,584,00011,152,0009,409,0009,641,00010,142,00010,358,0009,192,0002,522,0002,159,0002,103,0001,813,0002,173,0003,531,0003,688,0003,673,0003,282,0002,993,0002,506,000996,000595,200558,700
       Property Plant Equipment 
538,700
571,900
956,000
2,322,000
2,785,000
2,894,000
3,243,000
3,257,000
3,106,000
1,717,000
1,533,000
1,446,000
1,424,000
1,604,000
2,167,000
2,356,000
1,776,000
1,709,000
1,699,000
1,746,000
1,704,000
1,746,000
1,774,000
2,446,000
2,552,000
2,714,000
2,496,000
2,285,000
1,936,000
1,589,000
1,698,000
2,098,000
2,230,000
2,365,000
3,575,000
3,708,000
3,943,000
4,660,000
4,946,000
4,946,0004,660,0003,943,0003,708,0003,575,0002,365,0002,230,0002,098,0001,698,0001,589,0001,936,0002,285,0002,496,0002,714,0002,552,0002,446,0001,774,0001,746,0001,704,0001,746,0001,699,0001,709,0001,776,0002,356,0002,167,0001,604,0001,424,0001,446,0001,533,0001,717,0003,106,0003,257,0003,243,0002,894,0002,785,0002,322,000956,000571,900538,700
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,366,000
9,381,000
9,664,000
9,840,000
10,902,000
9,996,000
10,239,000
9,984,000
10,846,000
10,910,000
11,819,000
11,386,000
11,386,00011,819,00010,910,00010,846,0009,984,00010,239,0009,996,00010,902,0009,840,0009,664,0009,381,00010,366,000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
286,000
246,000
311,000
512,000
469,000
0
0
0
0
0
0
000000469,000512,000311,000246,000286,0000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
322,000
6,365,000
7,274,000
6,909,000
6,417,000
6,000,000
6,115,000
8,217,000
7,595,000
9,559,000
12,306,000
11,306,000
11,216,000
11,465,000
562,000
354,000
319,000
277,000
320,000
354,000
387,000
353,000
863,000
769,000
775,000
713,000
713,000775,000769,000863,000353,000387,000354,000320,000277,000319,000354,000562,00011,465,00011,216,00011,306,00012,306,0009,559,0007,595,0008,217,0006,115,0006,000,0006,417,0006,909,0007,274,0006,365,000322,0000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,555,000
1,993,000
1,625,000
2,115,000
1,667,000
1,617,000
1,916,000
2,161,000
1,951,000
2,541,000
0
02,541,0001,951,0002,161,0001,916,0001,617,0001,667,0002,115,0001,625,0001,993,0001,555,0000000000000000000000000000000
> Total Liabilities 
1,555,400
2,056,600
3,310,000
4,380,000
6,676,000
6,435,000
7,204,000
8,864,000
9,285,000
6,983,000
6,706,000
6,019,000
6,368,000
7,024,000
9,989,000
10,298,000
10,548,000
9,908,000
9,756,000
13,597,000
17,431,000
14,013,000
14,258,000
18,386,000
20,826,000
18,627,000
18,802,000
18,500,000
16,263,000
17,911,000
17,081,000
19,512,000
18,282,000
19,128,000
20,119,000
22,609,000
19,467,000
20,062,000
21,341,000
21,341,00020,062,00019,467,00022,609,00020,119,00019,128,00018,282,00019,512,00017,081,00017,911,00016,263,00018,500,00018,802,00018,627,00020,826,00018,386,00014,258,00014,013,00017,431,00013,597,0009,756,0009,908,00010,548,00010,298,0009,989,0007,024,0006,368,0006,019,0006,706,0006,983,0009,285,0008,864,0007,204,0006,435,0006,676,0004,380,0003,310,0002,056,6001,555,400
   > Total Current Liabilities 
1,049,600
1,512,900
2,332,000
2,945,000
4,619,000
4,625,000
4,522,000
4,393,000
4,961,000
3,276,000
3,527,000
3,696,000
3,615,000
4,333,000
6,896,000
7,140,000
6,537,000
6,559,000
6,625,000
7,555,000
8,921,000
7,942,000
9,554,000
10,790,000
12,139,000
11,658,000
10,275,000
8,917,000
8,445,000
8,045,000
7,153,000
7,299,000
7,594,000
9,285,000
9,133,000
9,383,000
8,696,000
9,846,000
10,943,000
10,943,0009,846,0008,696,0009,383,0009,133,0009,285,0007,594,0007,299,0007,153,0008,045,0008,445,0008,917,00010,275,00011,658,00012,139,00010,790,0009,554,0007,942,0008,921,0007,555,0006,625,0006,559,0006,537,0007,140,0006,896,0004,333,0003,615,0003,696,0003,527,0003,276,0004,961,0004,393,0004,522,0004,625,0004,619,0002,945,0002,332,0001,512,9001,049,600
       Short-term Debt 
6,200
6,100
81,000
138,000
356,000
223,000
314,000
342,000
908,000
156,000
192,000
440,000
170,000
264,000
2,025,000
2,397,000
1,256,000
1,070,000
779,000
951,000
905,000
384,000
370,000
535,000
453,000
920,000
518,000
21,000
402,000
482,000
237,000
4,453,000
14,000
785,000
615,000
703,000
669,000
294,000
774,000
774,000294,000669,000703,000615,000785,00014,0004,453,000237,000482,000402,00021,000518,000920,000453,000535,000370,000384,000905,000951,000779,0001,070,0001,256,0002,397,0002,025,000264,000170,000440,000192,000156,000908,000342,000314,000223,000356,000138,00081,0006,1006,200
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,952,000
3,360,000
4,019,000
0
14,000
785,000
377,000
467,000
457,000
53,000
627,000
627,00053,000457,000467,000377,000785,00014,00004,019,0003,360,0002,952,0000000000000000000000000000000
       Accounts payable 
412,200
441,300
566,000
1,188,000
1,680,000
1,725,000
1,993,000
1,635,000
1,807,000
1,135,000
1,260,000
1,023,000
949,000
1,309,000
1,709,000
1,538,000
1,396,000
5,489,000
5,846,000
6,154,000
7,006,000
6,717,000
8,245,000
9,165,000
10,381,000
9,352,000
8,531,000
8,067,000
651,000
599,000
690,000
707,000
596,000
703,000
675,000
697,000
1,620,000
1,900,000
866,000
866,0001,900,0001,620,000697,000675,000703,000596,000707,000690,000599,000651,0008,067,0008,531,0009,352,00010,381,0009,165,0008,245,0006,717,0007,006,0006,154,0005,846,0005,489,0001,396,0001,538,0001,709,0001,309,000949,0001,023,0001,260,0001,135,0001,807,0001,635,0001,993,0001,725,0001,680,0001,188,000566,000441,300412,200
       Other Current Liabilities 
631,200
1,065,500
1,685,000
1,619,000
2,583,000
2,677,000
2,215,000
2,416,000
2,246,000
1,985,000
2,075,000
2,233,000
2,496,000
2,760,000
3,162,000
3,205,000
3,885,000
4,491,000
5,364,000
6,097,000
7,410,000
6,970,000
3,470,000
4,771,000
4,711,000
4,395,000
4,183,000
3,487,000
7,392,000
6,964,000
6,226,000
6,592,000
6,984,000
8,582,000
8,458,000
8,686,000
7,076,000
7,946,000
9,303,000
9,303,0007,946,0007,076,0008,686,0008,458,0008,582,0006,984,0006,592,0006,226,0006,964,0007,392,0003,487,0004,183,0004,395,0004,711,0004,771,0003,470,0006,970,0007,410,0006,097,0005,364,0004,491,0003,885,0003,205,0003,162,0002,760,0002,496,0002,233,0002,075,0001,985,0002,246,0002,416,0002,215,0002,677,0002,583,0001,619,0001,685,0001,065,500631,200
   > Long-term Liabilities 
505,800
543,700
978,000
1,435,000
2,057,000
1,810,000
2,682,000
4,471,000
4,324,000
3,707,000
3,179,000
2,323,000
2,753,000
2,691,000
3,093,000
3,158,000
4,011,000
3,349,000
3,131,000
6,042,000
8,510,000
6,071,000
4,704,000
7,596,000
8,687,000
6,969,000
8,527,000
9,583,000
2,528,000
2,868,000
3,775,000
4,425,000
4,088,000
3,523,000
3,026,000
5,143,000
4,734,000
5,224,000
10,398,000
10,398,0005,224,0004,734,0005,143,0003,026,0003,523,0004,088,0004,425,0003,775,0002,868,0002,528,0009,583,0008,527,0006,969,0008,687,0007,596,0004,704,0006,071,0008,510,0006,042,0003,131,0003,349,0004,011,0003,158,0003,093,0002,691,0002,753,0002,323,0003,179,0003,707,0004,324,0004,471,0002,682,0001,810,0002,057,0001,435,000978,000543,700505,800
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,069,000
3,514,000
4,136,000
5,977,000
5,687,000
0
0
005,687,0005,977,0004,136,0003,514,0004,069,00000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,290,000
6,998,000
6,153,000
7,788,000
6,600,000
6,320,000
6,844,000
7,063,000
5,084,000
3,617,000
0
03,617,0005,084,0007,063,0006,844,0006,320,0006,600,0007,788,0006,153,0006,998,0005,290,0000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
42,000
28,000
32,000
34,000
36,000
37,000
50,000
0
050,00037,00036,00034,00032,00028,00042,0000000000000000000000000000000000
> Total Stockholder Equity
1,186,200
1,220,500
1,019,000
2,114,000
2,312,500
2,466,500
2,629,500
1,712,500
1,361,500
778,500
860,500
1,625,500
1,384,500
1,952,500
7,292,800
6,909,500
6,571,200
5,665,000
5,591,000
2,655,000
2,788,000
4,117,000
5,966,000
7,234,000
4,591,000
5,332,000
4,240,000
3,720,000
3,381,000
1,842,000
2,989,000
3,438,000
4,712,000
5,546,000
5,407,000
4,643,000
7,436,000
11,215,000
10,559,000
10,559,00011,215,0007,436,0004,643,0005,407,0005,546,0004,712,0003,438,0002,989,0001,842,0003,381,0003,720,0004,240,0005,332,0004,591,0007,234,0005,966,0004,117,0002,788,0002,655,0005,591,0005,665,0006,571,2006,909,5007,292,8001,952,5001,384,5001,625,500860,500778,5001,361,5001,712,5002,629,5002,466,5002,312,5002,114,0001,019,0001,220,5001,186,200
   Common Stock
125,000
125,000
125,000
128,000
128,500
129,500
188,500
37,500
37,500
42,500
42,500
42,500
43,500
43,500
72,800
75,500
76,200
132,000
143,000
143,000
2,000
5,000
90,000
90,000
90,000
90,000
90,000
90,000
89,000
87,000
87,000
87,000
87,000
87,000
87,000
87,000
85,000
82,000
81,000
81,00082,00085,00087,00087,00087,00087,00087,00087,00087,00089,00090,00090,00090,00090,00090,00090,0005,0002,000143,000143,000132,00076,20075,50072,80043,50043,50042,50042,50042,50037,50037,500188,500129,500128,500128,000125,000125,000125,000
   Retained Earnings 
429,000
473,700
315,000
425,000
619,000
787,000
553,000
407,000
52,000
227,000
367,000
556,000
316,000
1,273,000
1,339,000
851,000
481,000
-341,000
-536,000
-3,223,000
-2,872,000
-1,211,000
23,000
-68,000
-2,141,000
-1,477,000
-2,480,000
-2,698,000
-2,623,000
-4,353,000
-3,422,000
-4,381,000
-2,512,000
-2,069,000
-1,883,000
-2,414,000
212,000
2,930,000
2,822,000
2,822,0002,930,000212,000-2,414,000-1,883,000-2,069,000-2,512,000-4,381,000-3,422,000-4,353,000-2,623,000-2,698,000-2,480,000-1,477,000-2,141,000-68,00023,000-1,211,000-2,872,000-3,223,000-536,000-341,000481,000851,0001,339,0001,273,000316,000556,000367,000227,00052,000407,000553,000787,000619,000425,000315,000473,700429,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,249,000
1,249,000
1,249,000
1,249,000
1,252,000
0
0
001,252,0001,249,0001,249,0001,249,0001,249,00000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000
   Other Stockholders Equity 
632,200
621,800
579,000
1,561,000
1,497,500
1,482,500
1,820,500
1,200,500
1,204,500
441,500
1,526,500
1,923,500
1,949,500
1,711,500
7,814,800
8,447,500
8,186,200
5,807,200
5,918,000
5,735,000
5,502,000
5,171,000
5,853,000
7,212,000
6,642,000
6,719,000
6,630,000
6,328,000
5,915,000
6,108,000
6,324,000
7,732,000
7,137,000
7,528,000
7,203,000
1,249,000
1,454,000
1,454,000
1,455,000
1,455,0001,454,0001,454,0001,249,0007,203,0007,528,0007,137,0007,732,0006,324,0006,108,0005,915,0006,328,0006,630,0006,719,0006,642,0007,212,0005,853,0005,171,0005,502,0005,735,0005,918,0005,807,2008,186,2008,447,5007,814,8001,711,5001,949,5001,923,5001,526,500441,5001,204,5001,200,5001,820,5001,482,5001,497,5001,561,000579,000621,800632,200



Balance Sheet

Currency in EUR. All numbers in thousands.