Financials AbbVie Inc. London S.E.

Equities

0QCV

US00287Y1091

Pharmaceuticals

Market Closed - London S.E. 16:30:00 15/05/2024 BST 5-day change 1st Jan Change
162.6 USD +0.64% Intraday chart for AbbVie Inc. +2.08% +5.83%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 130,935 189,171 239,371 285,707 273,605 289,231 - -
Enterprise Value (EV) 1 157,739 266,778 306,225 339,749 320,176 342,851 336,523 327,474
P/E ratio 16.8 x 39.4 x 21 x 24.4 x 57 x 31.8 x 24.4 x 20.5 x
Yield 4.96% 4.52% 3.92% 3.53% 3.87% 3.78% 3.97% 4.13%
Capitalization / Revenue 3.94 x 4.13 x 4.27 x 4.92 x 5.04 x 5.25 x 4.98 x 4.65 x
EV / Revenue 4.74 x 5.83 x 5.46 x 5.85 x 5.89 x 6.22 x 5.79 x 5.27 x
EV / EBITDA 8.89 x 11.8 x 10.6 x 11 x 12.5 x 13 x 11.9 x 10.6 x
EV / FCF 12.4 x 15.9 x 13.9 x 14 x 14.5 x 18 x 14.2 x 12.8 x
FCF Yield 8.1% 6.29% 7.18% 7.14% 6.89% 5.57% 7.05% 7.82%
Price to Book -16.1 x 13.7 x 15.5 x 16.6 x 26.5 x 30.7 x 27.4 x 23 x
Nbr of stocks (in thousands) 1,478,821 1,765,474 1,767,880 1,767,880 1,765,537 1,765,868 - -
Reference price 2 88.54 107.2 135.4 161.6 155.0 163.8 163.8 163.8
Announcement Date 07/02/20 03/02/21 02/02/22 09/02/23 02/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 33,266 45,784 56,122 58,054 54,318 55,140 58,115 62,185
EBITDA 1 17,747 22,642 29,018 30,961 25,545 26,472 28,376 31,000
EBIT 1 15,730 21,976 28,215 30,183 24,793 25,546 27,559 30,274
Operating Margin 47.29% 48% 50.27% 51.99% 45.64% 46.33% 47.42% 48.68%
Earnings before Tax (EBT) 1 8,426 3,398 12,989 13,477 6,250 12,004 14,298 16,403
Net income 1 7,882 4,616 11,542 11,836 4,863 7,739 10,645 13,027
Net margin 23.69% 10.08% 20.57% 20.39% 8.95% 14.04% 18.32% 20.95%
EPS 2 5.280 2.720 6.450 6.630 2.720 5.146 6.715 7.974
Free Cash Flow 1 12,772 16,790 21,990 24,248 22,062 19,094 23,737 25,612
FCF margin 38.39% 36.67% 39.18% 41.77% 40.62% 34.63% 40.84% 41.19%
FCF Conversion (EBITDA) 71.97% 74.15% 75.78% 78.32% 86.37% 72.13% 83.65% 82.62%
FCF Conversion (Net income) 162.04% 363.73% 190.52% 204.87% 453.67% 246.72% 222.98% 196.6%
Dividend per Share 2 4.390 4.840 5.310 5.710 5.990 6.193 6.503 6.759
Announcement Date 07/02/20 03/02/21 02/02/22 09/02/23 02/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 14,886 13,538 14,583 14,812 15,121 12,225 13,865 13,927 14,301 12,310 14,017 14,188 14,710 13,237 14,314
EBITDA 1 7,506 7,156 7,643 8,090 8,072 5,682 6,710 6,706 6,447 - 7,100 6,877 7,049 - -
EBIT 1 7,333 6,958 7,440 7,909 7,876 5,503 6,520 6,510 6,260 5,195 6,884 6,715 6,790 6,659 6,996
Operating Margin 49.26% 51.4% 51.02% 53.4% 52.09% 45.01% 47.02% 46.74% 43.77% 42.2% 49.11% 47.33% 46.16% 50.31% 48.87%
Earnings before Tax (EBT) 1 - - - - - 475 2,610 1,953 1,212 1,755 3,504 3,346 3,397 - -
Net income 1 4,044 4,490 924 3,949 2,473 239 2,024 1,778 822 1,369 2,264 2,053 2,002 1,115 1,400
Net margin 27.17% 33.17% 6.34% 26.66% 16.35% 1.96% 14.6% 12.77% 5.75% 11.12% 16.15% 14.47% 13.61% 8.42% 9.78%
EPS 2 2.260 2.510 0.5100 2.210 1.380 0.1300 1.140 1.000 0.4600 0.7700 1.567 1.362 1.382 0.6200 0.7800
Dividend per Share 2 1.410 1.410 1.410 1.410 1.480 1.480 1.480 1.480 1.550 - 1.549 1.549 1.549 1.605 1.605
Announcement Date 02/02/22 29/04/22 29/07/22 28/10/22 09/02/23 27/04/23 27/07/23 27/10/23 02/02/24 26/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 26,804 77,607 66,854 54,042 46,571 53,619 47,292 38,242
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.51 x 3.428 x 2.304 x 1.745 x 1.823 x 2.026 x 1.667 x 1.234 x
Free Cash Flow 1 12,772 16,790 21,990 24,248 22,062 19,094 23,737 25,612
ROE (net income / shareholders' equity) -160% 188% 159% 151% 143% 177% 191% 198%
ROA (Net income/ Total Assets) 10.6% 3.85% 15.3% 17.2% 14.5% 9.36% 10.7% 13.2%
Assets 1 74,234 119,840 75,543 68,651 33,641 82,668 99,808 98,817
Book Value Per Share 2 -5.510 7.830 8.710 9.740 5.840 5.340 5.970 7.120
Cash Flow per Share 2 8.980 10.50 12.80 14.00 12.90 14.60 15.50 13.80
Capex 1 552 798 787 695 777 827 846 876
Capex / Sales 1.66% 1.74% 1.4% 1.2% 1.43% 1.5% 1.46% 1.41%
Announcement Date 07/02/20 03/02/21 02/02/22 09/02/23 02/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
27
Last Close Price
163.8 USD
Average target price
181.6 USD
Spread / Average Target
+10.84%
Consensus