BAE Systems (MEX:BA1N) EV-to-FCF: 24.47 (As of Jun. 24, 2026) — 29% Above Median


MEX:BA1N BAE Systems PLC MEX:BA1N
79 GF Score
Price MXN443.66
GF Value MXN408.41
Valuation Fairly Valued
! 2 Warning Signs
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What is BAE Systems EV-to-FCF?

BAE Systems MEX:BA1N 79 EV-to-FCF is 24.47 as of Jun. 24, 2026, which is 29% above its 10-year median of 18.93. GuruFocus rates MEX:BA1N with a GF Score™ of 79/100 and a GF Value™ of MXN408.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 180 Aerospace & Defense companies, BAE Systems ranks better than 62.78% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BAE Systems's Enterprise Value is MXN1,359,854 Mil. BAE Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MXN55,576 Mil. Therefore, BAE Systems's EV-to-FCF for today is 24.47.

The historical rank and industry rank for BAE Systems's EV-to-FCF or its related term are showing as below:

MEX:BA1N' s EV-to-FCF Range Over the Past 10 Years
Min: 10.72   Med: 18.93   Max: 52.26
Current: 25.38

During the past 13 years, the highest EV-to-FCF of BAE Systems was 52.26. The lowest was 10.72. And the median was 18.93.

MEX:BA1N's EV-to-FCF is ranked better than
62.78% of 180 companies
in the Aerospace & Defense industry
Industry Median: 34.655 vs MEX:BA1N: 25.38

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-06-24), BAE Systems's stock price is MXN443.66. BAE Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN16.967. Therefore, BAE Systems's PE Ratio (TTM) for today is 26.15.


BAE Systems  (MEX:BA1N) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

BAE Systems's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=443.66/16.967
=26.15

BAE Systems's share price for today is MXN443.66.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BAE Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN16.967.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


BAE Systems EV-to-FCF Related Terms


BAE Systems EV-to-FCF Historical Data

* Premium members only.

The historical data trend for BAE Systems's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BAE Systems EV-to-FCF Chart

BAE Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.54 14.11 12.91 14.65 23.94

BAE Systems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.91 0.00 14.65 0.00 23.94

MEX:BA1N vs GE, RTX, BA: EV-to-FCF Comparison

For the Aerospace & Defense subindustry, BAE Systems's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BAE Systems EV-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, BAE Systems's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where BAE Systems's EV-to-FCF falls into.


MEX:BA1N
79GF Score
BAE Systems PLC MEX:BA1N
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BAE Systems EV-to-FCF Calculation

BAE Systems's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1359853.886/55576.373
=24.47

BAE Systems's current Enterprise Value is MXN1,359,854 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BAE Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MXN55,576 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 24.47 mean?
BAE Systems (MEX:BA1N) has a EV-to-FCF of 24.47 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BAE Systems and its competitors. This is 29% above median its historical median of 18.93. Over the past decade, BAE Systems' EV-to-FCF has ranged from 10.72 to 52.26. According to the industry distribution chart, BAE Systems ranks #67 out of 180 companies in the Aerospace & Defense industry, placing it in the top 37.2%.
Is BAE Systems' EV-to-FCF too high?
BAE Systems' current EV-to-FCF of 24.47 is 29% above median its 10-year median of 18.93. Over the past 10 years, this metric has ranged from a low of 10.72 to a high of 52.26. The Aerospace & Defense industry median EV-to-FCF is 34.66. BAE Systems' value of 24.47 is 29.4% below this industry median. Based on the distribution chart, BAE Systems ranks #67 out of 180 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, BAE Systems has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BAE Systems' EV-to-FCF compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, BAE Systems ranks #67 out of 180 companies for EV-to-FCF. This puts BAE Systems in the upper half of its industry. The industry median EV-to-FCF is 34.66. BAE Systems' value of 24.47 is 29.4% below this benchmark. Historically, BAE Systems' own EV-to-FCF has ranged from 10.72 to 52.26 over the past decade. While the company's 10-year median is 18.93 vs. the industry median of 34.66, BAE Systems has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 34.66, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BAE Systems's current EV-to-FCF of 24.47 is 29.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BAE Systems and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 34.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BAE Systems's current EV-to-FCF is 24.47, which is 29% above median its own 10-year median of 18.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAE Systems stock overvalued right now?
Based on GuruFocus' analysis, BAE Systems (MEX:BA1N) is currently considered Fairly Valued. The stock's GF Value™ is MXN408.41, compared to a current price of MXN443.66 — trading 8.6% above its estimated fair value. The current EV-to-FCF is 24.47, which is 29% above median its 10-year median of 18.93 and 29.4% below the Aerospace & Defense industry median of 34.66. BAE Systems' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For BAE Systems (MEX:BA1N), the current EV-to-FCF is 24.47 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BAE Systems (MEX:BA1N) Overvalued in 2026?

Based on GuruFocus' analysis, BAE Systems stock appears to be overvalued. The current stock price of MXN443.66 is trading 8.6% above its estimated GF Value™ of MXN408.41. GuruFocus considers BAE Systems to be Fairly Valued.

Key valuation signals for MEX:BA1N:

  • EV-to-FCF: 24.47 (29% above median its 10-year median of 18.93)
  • GF Value™: MXN408.41 vs. price of MXN443.66 (8.6% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 29.4% below the Aerospace & Defense median (#67 of 180)

No single metric tells the full story. See the MEX:BA1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BAE Systems Business Description

Address 6 Carlton Gardens, Stirling Square, London, GBR, SW1Y 5AD
BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the US Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's US- and UK-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the US government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the US Defense Department; the air segment includes BAE's share of US and European air programs as well as its businesses in Saudi Arabia and Australia, and the maritime segment comprises UK land- and marine-based activities.
79GF Score

Get the complete analysis for MEX:BA1N

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN443.66
Price
MXN408.41
GF Value