What is BAE SYSTEMS PLC /FI/ (BAESF)'s fair-value range?

EvidInvest does not publish a fair-value range for BAE SYSTEMS PLC /FI/ (BAESF). Financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish. The filed statements, the filing citations and the growth history are all available at https://evidinvest.com/valuation/BAESF. Not investment advice.

How is BAE SYSTEMS PLC /FI/ (BAESF)'s fair value calculated?

BAE SYSTEMS PLC /FI/ (BAESF)'s fair value is computed with several independent methods — a discounted cash flow (DCF) model, the Graham number, earnings power value (EPV), and valuation multiples (PE, EV/EBITDA, P/S, P/B) benchmarked against its industry — using data from SEC filings.

What is BAE SYSTEMS PLC /FI/ (BAESF)'s PE ratio versus its industry?

EvidInvest shows BAE SYSTEMS PLC /FI/ (BAESF)'s current and historical PE ratio alongside its sector and industry averages, so you can see whether the stock trades at a premium or discount to peers. Full breakdown at https://evidinvest.com/valuation/BAESF.

Fair value · BAE SYSTEMS PLC /FI/ (BAESF) · updated 2026-09-13 · from annual report FY2025

BAE SYSTEMS PLC /FI/ trades at $29.41. We are not reading assumptions out of that price: financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish.

Everything below is unaffected: the filed statements, the filing they came from, and BAESF’s growth history are all as reported.

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The filing behind these numbers

BAE SYSTEMS PLC /FI/

Revenue: GBP 28.3B
Diluted EPS: GBP 0.68
Free cash flow: GBP 2.4B; operating cash flow − capital expenditure
Diluted shares: 3.03B; weighted average

annual report FY2025 · fiscal year ended 2025-12-31 · filed 2025-12-31

Trailing-twelve-month EPS also uses the quarterly 6-Ks through Q2 FY2026 (filed 2026-06-30).

Open the annual report list on sec.govCIK 895564

Valuation tool: build your own BAESF range

Fair Value Summary

Daily Price — BAESF

$26.35 +11.3% (1Y)

Your range0 of 7 methods

At least two methods need a usable value to draw a range with these inputs.

Range with preset inputs

No preset range for this company yet.

The two ranges are identical because every input sits on a preset.

We don’t tell you what BAESF is worth. Every tab OPENS on what today’s price implies for that method’s key assumption; you decide whether that assumption is reasonable — the growth matrix has BAESF’s filed history and the AI chat will reason it through with you — and the range you build is yours. Our presets are filed history and reference settings, never a recommendation.

Discounted cash flow

N/A

Financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish.

Preset inputs — revenue-driven DCF from the latest filing

Implied by today’s price

Financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish.

Not solvable from the price — Financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish. Showing preset inputs.

This method has no key input to read out of the price. The others below do, and you set them yourself: the growth matrix shows what BAESF has actually filed, and the AI chat will reason it through with you.

Your inputs

Free cash flow grows at your stage-1 rate, then your stage-2 rate, then a terminal rate; everything is discounted at your WACC.

Stage-1 growth9.3%

Yearly free-cash-flow growth for the first stage. Starts below zero so a shrinking-cash-flow case — and the rate today’s price implies — can be set.

-20.0%60.0%

Stage-1 years5 yrs

How long stage-1 growth lasts.

1 yrs10 yrs

Stage-2 growth9.5%

Slower growth after stage 1, before the terminal phase.

-20.0%30.0%

Stage-2 years5 yrs

0 yrs10 yrs

Terminal growth2.5%

Growth forever after the two stages. Above ~3% is rarely justified.

0.0%5.0%

Discount rate (WACC)8.70%

The return you require. Default is the WACC EvidInvest computed for this company. Higher discount rate, lower value.

3.00%15.00%

Net debt ($M)Debt minus cash, from the balance sheet. Subtracted from enterprise value.

Starting FCF ($M)Latest free cash flow from the filing (operating cash flow minus capex).

Shares (M)Diluted shares, from the filing.

Year by year (two-stage model, $M)

PV explicit $24,583M · PV terminal $41,920M · EV $66,503M · equity $60,889M

Year	Stage	FCF	Present value
1	Stage 1	$2,599M	$2,391M
2	Stage 1	$2,841M	$2,404M
3	Stage 1	$3,105M	$2,418M
4	Stage 1	$3,394M	$2,431M
5	Stage 1	$3,709M	$2,444M
6	Stage 2	$4,062M	$2,462M
7	Stage 2	$4,448M	$2,480M
8	Stage 2	$4,870M	$2,499M
9	Stage 2	$5,333M	$2,517M
10	Stage 2	$5,840M	$2,536M

Inputs from the filing

Financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish.

Free cash flow: GBP 2.4B; latest full year
EBIT: GBP 3.1B; latest annual
Shares: 2.99B
Total debt: GBP 9.1B
Cash: GBP 3.4B
Net debt: GBP 5.6B; debt − cash

annual report FY2025 · period ended 2025-12-31 · filed 2025-12-31 · sec.gov

Prefer a blank slate with reverse DCF? Open the standalone DCF / reverse DCF for BAESF

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BAE SYSTEMS PLC /FI/ trades at $29.41. We are not reading assumptions out of that price: financials are filed in GBP; our prices are in USD, so these methods need a conversion we do not yet publish.

The filing behind these numbers

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Year by year (two-stage model, $M)

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Valuation tool: build your own BAESF range

Daily Price — BAESF

Your range0 of 7 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

More on BAESF

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