AIR FP (Update)

Airbus Group SE

Industrial/Transportation


Presented:06/13/2016
Price:€50.98
Cap:$44.39B
Current Price:€135.76
Cap:$119.68B

Presented

Date06/13/2016
Price€50.98
Market Cap$44.39B
Ent Value$53.71B
P/E Ratio17.34x
Book Value€10.14
Div Yield0%
Shares O/S781.87M
Ave Daily Vol2,229,912
Short IntN/A

Current

Price€135.76
Market Cap$119.68B
Airbus Group SE manufactures and sells commercial & military aircraft, civil & military helicopters, commercial space launch vehicles, missiles, satellites, defense systems and electronics. The company operates its business through the following segments: Airbus, Airbus Helicopters, Airbus Defence & Space. The Airbus segment develops, manufactures, markets and sells commercial jet aircraft and military transport and special mission aircraft. The Eurocopter segment engages in civil and military helicopter marketing and also provides related services. The Airbus Helicopters segment develops, manufactures, markets and sale of civil and military helicopters, provision of helicopter related services. The Airbus Defence and Space segment provides defence electronics and global security market solutions such as integrated systems for global border security and secure communications solutions and logistics; training, testing, engineering and other related services; development, manufacturing, marketing and sale of missiles systems; development, manufacturing, marketing and sale of satellites, orbital infrastructures and launchers; provision of space. The company was founded on December 29, 1998 and is headquartered in Leiden, Netherlands.

Please note, this is an update to Long - Airbus Group SE  which was presented on 5/20/2016 at EUR 54.41.

Publicly traded companies mentioned herein: Airbus Group SE (AIR FP), Boeing Co (BA), Rolls-Royce Holdings plc (RR/ LN)

Highlights

The presenter remains long shares of Airbus (AIR FP) and reiterated his belief that the stock is meaningfully undervalued given a long term view and the potential for earnings to grow from EUR 3.50 per share to at least 6.50 in the 2018 - 2019 time frame. There has been a lot of negative sentiment in the market towards Airbus, and he provided some incremental details about the situation as follows:

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Idea Discussion

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