Financials Accenture plc Deutsche Boerse AG

Equities

CSA

IE00B4BNMY34

IT Services & Consulting

Market Closed - Deutsche Boerse AG 17:07:13 26/06/2024 BST 5-day change 1st Jan Change
285 EUR -0.97% Intraday chart for Accenture plc +5.79% -10.25%

Valuation

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 126,262 152,643 213,425 182,465 204,233 190,809 - -
Enterprise Value (EV) 1 120,158 144,289 205,322 174,630 195,335 186,196 183,801 182,635
P/E ratio 26.9 x 30.4 x 36.7 x 26.9 x 30.1 x 26.6 x 23.6 x 21 x
Yield 1.47% 1.33% 1.05% 1.35% 1.38% 1.69% 1.81% 1.92%
Capitalization / Revenue 2.92 x 3.44 x 4.22 x 2.96 x 3.19 x 2.94 x 2.78 x 2.58 x
EV / Revenue 2.78 x 3.26 x 4.06 x 2.84 x 3.05 x 2.87 x 2.68 x 2.47 x
EV / EBITDA 16.7 x 17.4 x 21.6 x 15.2 x 16.1 x 15.4 x 13.7 x 12.5 x
EV / FCF 19.9 x 18.9 x 24.5 x 19.8 x 21.7 x 20.9 x 19.1 x 17.2 x
FCF Yield 5.02% 5.28% 4.09% 5.05% 4.61% 4.79% 5.23% 5.83%
Price to Book 8.75 x 8.96 x 10.9 x 8.26 x 7.95 x 6.77 x 5.98 x 5.19 x
Nbr of stocks (in thousands) 637,141 636,197 634,137 632,548 630,795 626,384 - -
Reference price 2 198.2 239.9 336.6 288.5 323.8 304.6 304.6 304.6
Announcement Date 26/09/19 24/09/20 23/09/21 22/09/22 28/09/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 43,215 44,327 50,533 61,594 64,112 64,888 68,633 74,010
EBITDA 1 7,198 8,287 9,513 11,455 12,154 12,107 13,378 14,626
EBIT 1 6,305 6,514 7,622 9,367 9,873 9,860 10,919 12,003
Operating Margin 14.59% 14.69% 15.08% 15.21% 15.4% 15.2% 15.91% 16.22%
Earnings before Tax (EBT) 1 6,252 6,774 7,761 9,196 9,139 9,807 10,845 11,940
Net income 1 4,786 5,114 5,913 6,885 6,879 7,336 8,164 9,054
Net margin 11.07% 11.54% 11.7% 11.18% 10.73% 11.31% 11.89% 12.23%
EPS 2 7.360 7.890 9.160 10.71 10.77 11.43 12.90 14.48
Free Cash Flow 1 6,028 7,616 8,395 8,823 8,996 8,918 9,621 10,644
FCF margin 13.95% 17.18% 16.61% 14.32% 14.03% 13.74% 14.02% 14.38%
FCF Conversion (EBITDA) 83.75% 91.91% 88.25% 77.02% 74.02% 73.66% 71.92% 72.78%
FCF Conversion (Net income) 125.95% 148.92% 141.97% 128.16% 130.78% 121.58% 117.85% 117.56%
Dividend per Share 2 2.920 3.200 3.520 3.880 4.480 5.160 5.516 5.845
Announcement Date 26/09/19 24/09/20 23/09/21 22/09/22 28/09/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: August 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 2025 Q3 2025 Q4
Net sales 1 15,047 16,159 15,424 15,748 15,814 16,565 15,985 16,224 15,800 16,467 16,346 16,871 16,551 17,361 17,173
EBITDA 1 2,590 3,127 2,803 3,099 2,477 2,960 3,026 3,086 2,691 3,152 3,038 3,424 2,884 3,485 3,307
EBIT 1 2,062 2,603 2,268 2,593 1,945 2,359 2,385 2,565 2,046 2,631 2,411 2,824 2,326 2,876 2,648
Operating Margin 13.7% 16.11% 14.71% 16.47% 12.3% 14.24% 14.92% 15.81% 12.95% 15.98% 14.75% 16.74% 14.05% 16.56% 15.42%
Earnings before Tax (EBT) 1 2,050 2,495 2,245 2,602 1,947 2,632 1,959 2,617 2,096 2,654 2,381 2,831 2,335 2,884 2,664
Net income 1 1,637 1,788 1,667 1,967 1,549 2,012 1,374 1,975 1,677 1,934 1,701 2,112 1,761 2,136 1,975
Net margin 10.88% 11.07% 10.81% 12.49% 9.8% 12.15% 8.6% 12.18% 10.61% 11.75% 10.4% 12.52% 10.64% 12.3% 11.5%
EPS 2 2.540 2.790 2.600 3.080 2.390 3.150 2.150 3.100 2.630 3.040 2.659 3.328 2.786 3.382 3.122
Dividend per Share 2 0.9700 0.9700 0.9700 1.120 1.120 1.120 1.120 1.290 1.290 1.290 1.285 1.376 1.376 1.376 1.355
Announcement Date 17/03/22 23/06/22 22/09/22 16/12/22 23/03/23 22/06/23 28/09/23 19/12/23 21/03/24 20/06/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 6,104 8,353 8,103 7,835 8,897 4,613 7,008 8,174
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 6,028 7,616 8,395 8,823 8,996 8,918 9,621 10,644
ROE (net income / shareholders' equity) 38.6% 32.6% 32.4% 33.1% 28.8% 27.8% 27% 26.2%
ROA (Net income/ Total Assets) 17.6% 15.3% 14.7% 15.2% 15.1% 13.9% 14% 14.3%
Assets 1 27,120 33,435 40,127 45,220 45,475 52,797 58,113 63,484
Book Value Per Share 2 22.70 26.80 30.90 34.90 40.70 45.00 50.90 58.70
Cash Flow per Share 2 10.20 12.70 13.90 14.80 14.90 14.90 16.60 18.70
Capex 1 599 599 580 718 528 558 743 846
Capex / Sales 1.39% 1.35% 1.15% 1.17% 0.82% 0.86% 1.08% 1.14%
Announcement Date 26/09/19 24/09/20 23/09/21 22/09/22 28/09/23 - - -
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
29
Last Close Price
304.6 USD
Average target price
348.4 USD
Spread / Average Target
+14.36%
Consensus