Projected Income Statement: easyJet plc

Forecast Balance Sheet: easyJet plc

Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 910 670 -41 -181 -602 -390 251 1,709
Change - -26.37% -106.12% -341.46% -232.6% 35.22% 164.36% 580.88%
Announcement Date 30/11/21 29/11/22 28/11/23 27/11/24 25/11/25 - - -
1GBP in Million
Estimates

Cash Flow Forecast: easyJet plc

Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 140 530 754 929 1,001 1,591 2,112 2,851
Change - 278.57% 42.26% 23.21% 7.75% 58.93% 32.75% 34.97%
Free Cash Flow (FCF) 1 -1,175 246 797 536 624 98.33 -437 -710
Change - 120.94% 223.98% -32.75% 16.42% -84.24% -544.46% -62.45%
Announcement Date 30/11/21 29/11/22 28/11/23 27/11/24 25/11/25 - - -
1GBP in Million
Estimates

Forecast Financial Ratios: easyJet plc

Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) -38.13% 9.86% 13.83% 14.68% 14.31% 13.7% 14.12% 14.41%
EBIT Margin (%) -71.06% 0.05% 5.83% 6.41% 6.96% 6.42% 6.76% 7.07%
EBT Margin (%) -71.06% -3.61% 5.29% 6.47% 6.51% 5.95% 6.41% 6.95%
Net margin (%) -58.85% -2.93% 3.97% 4.86% 4.89% 4.61% 4.82% 5.15%
FCF margin (%) -80.59% 4.26% 9.75% 5.76% 6.17% 0.89% -3.67% -5.54%
FCF / Net Income (%) 136.95% -145.56% 245.99% 118.58% 126.32% 19.32% -76.19% -107.68%

Profitability

        
ROA -9.87% -1.45% 7.53% 4.33% 4.38% 4.2% 4.28% 4.51%
ROE -39.67% -5.68% 12.82% 15.69% 15.27% 13.15% 13.64% 13.7%

Financial Health

        
Leverage (Debt/EBITDA) -1.64x 1.18x - - - - 0.15x 0.93x
Debt / Free cash flow -0.77x 2.72x - - - - -0.57x -2.41x

Capital Intensity

        
CAPEX / Current Assets (%) 9.6% 9.19% 9.23% 9.98% 9.91% 14.39% 17.75% 22.25%
CAPEX / EBITDA (%) -25.18% 93.15% 66.73% 67.96% 69.23% 105.09% 125.76% 154.36%
CAPEX / FCF (%) -11.91% 215.45% 94.6% 173.32% 160.42% 1,617.89% -483.24% -401.5%

Items per share

        
Cash flow per share 1 -1.92 1.031 2.046 1.93 2.127 1.929 2.227 2.388
Change - 153.67% 98.56% -5.67% 10.2% -9.33% 15.49% 7.23%
Dividend per Share 1 - - - 0.121 0.132 0.1376 0.1554 0.1689
Change - - - - 9.09% 4.27% 12.87% 8.74%
Book Value Per Share 1 4.896 3.364 3.677 3.917 4.658 5.15 5.775 6.476
Change - -31.29% 9.3% 6.53% 18.92% 10.57% 12.13% 12.14%
EPS 1 -1.59 -0.224 0.427 0.596 0.647 0.6795 0.7662 0.8754
Change - 85.91% 290.62% 39.58% 8.56% 5.02% 12.77% 14.25%
Nbr of stocks (in thousands) 755,890 755,946 755,110 753,144 750,859 747,526 747,526 747,526
Announcement Date 30/11/21 29/11/22 28/11/23 27/11/24 25/11/25 - - -
1GBP
Estimates
2026 *2027 *
P/E ratio 6.06x 5.38x
PBR 0.8x 0.71x
EV / Sales 0.24x 0.28x
Yield 3.34% 3.77%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
4.120GBP
Average target price
5.990GBP
Spread / Average Target
+45.39%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. EZJ Stock
  4. Financials easyJet plc