Financials Honeywell International Inc. Börse Stuttgart

Equities

ALD

US4385161066

Consumer Goods Conglomerates

Market Closed - Börse Stuttgart 09:40:01 26/06/2024 BST 5-day change 1st Jan Change
199.2 EUR -0.56% Intraday chart for Honeywell International Inc. +1.90% +6.05%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 126,472 149,249 143,543 144,079 138,251 138,983 - -
Enterprise Value (EV) 1 132,058 156,413 151,619 153,539 150,599 151,146 150,410 150,872
P/E ratio 21 x 31.7 x 26.4 x 29.5 x 24.8 x 21.3 x 19.2 x 17.5 x
Yield 1.9% 1.71% 1.81% 1.85% - 2.1% 2.25% 2.39%
Capitalization / Revenue 3.45 x 4.57 x 4.17 x 4.06 x 3.77 x 3.58 x 3.38 x 3.22 x
EV / Revenue 3.6 x 4.79 x 4.41 x 4.33 x 4.11 x 3.9 x 3.65 x 3.5 x
EV / EBITDA 14.7 x 21.2 x 17.2 x 16.5 x 16.2 x 14.6 x 13.5 x 12.8 x
EV / FCF 21.8 x 29.5 x 26.5 x 34.1 x 35 x 26 x 22.5 x 21.6 x
FCF Yield 4.59% 3.39% 3.78% 2.94% 2.86% 3.84% 4.45% 4.63%
Price to Book 6.82 x 8.45 x 7.7 x 8.57 x 8.46 x 8.08 x 7.53 x 7.46 x
Nbr of stocks (in thousands) 714,533 701,686 688,423 672,322 659,251 651,186 - -
Reference price 2 177.0 212.7 208.5 214.3 209.7 213.4 213.4 213.4
Announcement Date 31/01/20 29/01/21 03/02/22 02/02/23 01/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 36,709 32,637 34,392 35,466 36,662 38,794 41,175 43,097
EBITDA 1 9,004 7,373 8,801 9,304 9,278 10,337 11,110 11,757
EBIT 1 7,739 6,665 7,212 7,689 8,304 9,153 9,896 10,612
Operating Margin 21.08% 20.42% 20.97% 21.68% 22.65% 23.59% 24.03% 24.62%
Earnings before Tax (EBT) 1 7,559 6,012 7,235 6,379 7,159 8,322 9,089 9,516
Net income 1 6,143 4,779 5,542 4,966 5,658 6,568 7,146 7,646
Net margin 16.73% 14.64% 16.11% 14% 15.43% 16.93% 17.35% 17.74%
EPS 2 8.410 6.720 7.910 7.270 8.470 10.01 11.10 12.21
Free Cash Flow 1 6,058 5,302 5,729 4,508 4,301 5,806 6,691 6,981
FCF margin 16.5% 16.25% 16.66% 12.71% 11.73% 14.97% 16.25% 16.2%
FCF Conversion (EBITDA) 67.28% 71.91% 65.09% 48.45% 46.36% 56.17% 60.22% 59.38%
FCF Conversion (Net income) 98.62% 110.94% 103.37% 90.78% 76.02% 88.4% 93.63% 91.3%
Dividend per Share 2 3.360 3.630 3.770 3.970 - 4.478 4.810 5.108
Announcement Date 31/01/20 29/01/21 03/02/22 02/02/23 01/02/24 - - -
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 8,657 8,376 8,953 8,951 9,186 8,864 9,146 9,212 9,440 9,105 9,442 9,821 10,412 9,803 10,003
EBITDA 1 2,163 2,103 2,242 2,353 2,431 2,235 2,286 2,481 2,470 2,259 2,443 2,614 2,874 2,459 2,543
EBIT 1 1,851 1,766 1,867 1,952 2,104 1,947 2,052 2,082 2,223 2,021 2,168 2,331 2,606 2,229 2,262
Operating Margin 21.38% 21.08% 20.85% 21.81% 22.9% 21.97% 22.44% 22.6% 23.55% 22.2% 22.96% 23.74% 25.03% 22.74% 22.61%
Earnings before Tax (EBT) 1 1,793 1,505 1,704 1,981 1,189 1,782 1,904 1,967 1,506 1,871 1,992 2,106 2,352 2,048 2,097
Net income 1 1,428 1,134 1,261 1,552 1,019 1,394 1,487 1,514 1,263 1,463 1,573 1,645 1,899 1,606 1,645
Net margin 16.5% 13.54% 14.08% 17.34% 11.09% 15.73% 16.26% 16.44% 13.38% 16.07% 16.66% 16.75% 18.24% 16.38% 16.44%
EPS 2 2.050 1.640 1.840 2.280 1.510 2.070 2.220 2.270 1.910 2.230 2.409 2.538 2.930 2.455 2.524
Dividend per Share 2 0.9800 0.9800 0.9800 0.9800 1.030 1.030 1.030 - - - 1.050 1.080 1.258 1.168 1.147
Announcement Date 03/02/22 29/04/22 28/07/22 27/10/22 02/02/23 27/04/23 27/07/23 26/10/23 01/02/24 25/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,586 7,164 8,076 9,460 12,348 12,163 11,427 11,890
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.6204 x 0.9717 x 0.9176 x 1.017 x 1.331 x 1.177 x 1.029 x 1.011 x
Free Cash Flow 1 6,058 5,302 5,729 4,508 4,301 5,806 6,691 6,981
ROE (net income / shareholders' equity) 32.1% 27.7% 29.9% 28.2% 36.3% 39.8% 42.2% 46.1%
ROA (Net income/ Total Assets) 10.2% 8.2% 8.59% 7.84% 9.89% 10.4% 11.1% 12.6%
Assets 1 60,054 58,290 64,524 63,373 57,220 62,903 64,488 60,685
Book Value Per Share 2 25.90 25.20 27.10 25.00 24.80 26.40 28.30 28.60
Cash Flow per Share 2 9.440 8.730 8.620 7.720 7.990 10.80 12.10 13.20
Capex 1 839 906 895 766 1,039 1,102 1,047 1,057
Capex / Sales 2.29% 2.78% 2.6% 2.16% 2.83% 2.84% 2.54% 2.45%
Announcement Date 31/01/20 29/01/21 03/02/22 02/02/23 01/02/24 - - -
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
25
Last Close Price
214.4 USD
Average target price
226.1 USD
Spread / Average Target
+5.44%
Consensus
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  5. Financials Honeywell International Inc.