BN · rank #7 · 2026-07-22
AM
PARIS · EUR · $24.92B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 0.06 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +12.2% |
| Forward net margin Consensus forward net margin. | +13.7% |
| Net margin TTM Trailing twelve month net margin. | +12.9% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.8% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 1.29 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 0.06× |
| Analyst upside Spread between the consensus 12m target and the current price. | +25.7% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $24.92B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Dassault Aviation designs and manufactures Rafale combat jets and Falcon business aircraft, with 77% export-driven revenues and a ~220-aircraft Rafale backlog underpinning multi-year delivery visibility.
Rationale
The bottleneck-solver thesis is reinforced by Dassault's sole-source position on Rafale — the only Western fighter with eight export customers, a ~€30B Indian pipeline, and France's nuclear deterrent dependency — creating a durable, government-contracted production bottleneck that cannot be easily replicated or substituted.
Material risks
- 1FCAS termination removes Dassault from the next-generation European fighter program entirely, capping its long-run relevance in European combat air and potentially stranding R&D investment, though near-term Rafale demand is unaffected.
- 2H1 2026 earnings release on July 22 (same day as as_of_date) creates binary event risk — any miss on Rafale delivery cadence or Falcon margin guidance could sharply reprice the stock before a position is established.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.