BN · rank #8 · 2026-07-27
AM
PARIS · EUR · $26.29B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.05 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +11.2% |
| Forward net margin Consensus forward net margin. | +12.1% |
| Net margin TTM Trailing twelve month net margin. | +11.3% |
| 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. | 1.26 |
| 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. | +19.6% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $26.29B |
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 is a French aerospace prime that builds Rafale combat aircraft and Falcon business jets, with a €45bn+ backlog and strong export-driven defense demand.
Rationale
The H1 2026 results reinforce a bottleneck-solver thesis because Dassault remains one of the few Western suppliers able to deliver advanced fighters at scale, with multi-year named backlog, recurring support obligations, and strong cash generation.
Material risks
- 1Future combat-air growth could be capped if Europe’s next-generation fighter reset pushes customers toward rival platforms or in-house national programs, weakening backlog replenishment after the sharp H1 2026 order intake decline.
- 2Rafale exports and Falcon demand are lumpy and politically exposed, so delivery timing, export approvals, or a slowdown in business jet orders could pressure near-term growth and valuation.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.