Projected Income Statement: ABB Ltd

Forecast Balance Sheet: ABB Ltd

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 112 -98 2,779 1,991 1,285 1,683 -3,466 -4,791
Change - -187.5% 2,935.71% -28.36% -35.46% 30.97% -352.81% -38.23%
Announcement Date 04/02/21 03/02/22 02/02/23 01/02/24 30/01/25 29/01/26 - -
1USD in Million
Estimates

Cash Flow Forecast: ABB Ltd

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 694 820 762 770 845 1,001 885.6 933.1
Change - 18.16% -7.07% 1.05% 9.74% 18.46% 0.83% 5.36%
Free Cash Flow (FCF) 1 999 2,510 525 3,520 3,830 4,566 4,706 5,254
Change - 151.25% -79.08% 570.48% 8.81% 19.22% 13.82% 11.64%
Announcement Date 04/02/21 03/02/22 02/02/23 01/02/24 30/01/25 29/01/26 - -
1USD in Million
Estimates

Forecast Financial Ratios: ABB Ltd

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 9.6% 22.84% 14.1% 17.53% 17.88% 20.65% 21.6% 21.97%
EBIT Margin (%) 6.1% 19.75% 11.33% 15.11% 15.44% 18.2% 19.19% 19.61%
EBT Margin (%) 3.22% 19.99% 11.53% 14.82% 15.93% 18.72% 22% 19.88%
Net margin (%) 19.69% 15.71% 8.41% 11.62% 11.98% 14.25% 15.65% 14.77%
FCF margin (%) 3.82% 8.67% 1.78% 10.92% 11.66% 13.74% 12.78% 13.37%
FCF / Net Income (%) 19.41% 55.21% 21.21% 93.99% 97.33% 96.45% 81.68% 90.55%

Profitability

        
ROA 11.8% 11.18% 6.23% 9.35% 9.68% 11.12% 11.57% 11.36%
ROE 14.21% 29.08% 23.25% 28.6% 33.07% 31.04% 30.98% 27.78%

Financial Health

        
Leverage (Debt/EBITDA) 0.04x - 0.67x 0.35x 0.22x 0.25x - -
Debt / Free cash flow 0.11x - 5.29x 0.57x 0.34x 0.37x - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.66% 2.83% 2.59% 2.39% 2.57% 3.01% 2.41% 2.37%
CAPEX / EBITDA (%) 27.67% 12.4% 18.36% 13.63% 14.39% 14.59% 11.14% 10.81%
CAPEX / FCF (%) 69.47% 32.67% 145.14% 21.88% 22.06% 21.92% 18.82% 17.76%

Items per share

        
Cash flow per share 1 0.799 1.649 0.674 2.298 2.526 2.987 3.133 3.63
Change - 106.42% -59.13% 240.92% 9.92% 18.26% 13.21% 15.86%
Dividend per Share 1 0.8857 0.8934 0.9225 1.013 0.9916 1.224 1.178 1.243
Change - 0.86% 3.27% 9.85% -2.15% 23.48% 11.21% 5.51%
Book Value Per Share 1 7.723 7.957 6.851 7.28 7.827 8.849 10.55 12.06
Change - 3.02% -13.9% 6.26% 7.51% 13.05% 21.93% 14.25%
EPS 1 2.44 2.25 1.3 2.01 2.13 2.59 3.031 3.187
Change - -7.79% -42.22% 54.62% 5.97% 21.6% 20.21% 5.13%
Nbr of stocks (in thousands) 2,058,789 1,992,148 1,866,376 1,842,990 1,838,306 1,817,440 1,817,440 1,817,440
Announcement Date 04/02/21 03/02/22 02/02/23 01/02/24 30/01/25 29/01/26 - -
1USD
Estimates
2025 2026 *
P/E ratio 28.9x 29.7x
PBR 8.47x 8.54x
EV / Sales 4.15x 4.35x
Yield 1.63% 1.31%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
27
Last Close Price
90.12USD
Average target price
81.27USD
Spread / Average Target
-9.82%

Quarterly revenue - Rate of surprise