Financials Leonardo DRS, Inc. Deutsche Boerse AG

Equities

2VZ

US52661A1088

Aerospace & Defense

Real-time Estimate Tradegate 07:47:34 26/06/2024 BST 5-day change 1st Jan Change
23.76 EUR +0.40% Intraday chart for Leonardo DRS, Inc. +4.74% +26.52%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 3,325 5,258 6,684 - -
Enterprise Value (EV) 1 3,325 5,197 6,466 6,257 5,975
P/E ratio 6.8 x 31.3 x 35.6 x 28.7 x 25.1 x
Yield - - - 0.26% 0.43%
Capitalization / Revenue 1.23 x 1.86 x 2.22 x 2.06 x 1.91 x
EV / Revenue 1.23 x 1.84 x 2.15 x 1.93 x 1.71 x
EV / EBITDA 10.5 x 16 x 17.1 x 14.6 x 12.5 x
EV / FCF -104 x 35.8 x 40.3 x 28.2 x 26.2 x
FCF Yield -0.96% 2.79% 2.48% 3.55% 3.82%
Price to Book - 2.26 x 2.67 x 2.43 x 2.2 x
Nbr of stocks (in thousands) 260,187 262,370 263,142 - -
Reference price 2 12.78 20.04 25.40 25.40 25.40
Announcement Date 28/03/23 27/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 2,879 2,693 2,826 3,007 3,242 3,493
EBITDA 1 - 318 324 378.8 428.6 477
EBIT 1 - 561 231 286 348 384
Operating Margin - 20.83% 8.17% 9.51% 10.74% 10.99%
Earnings before Tax (EBT) 1 - 525 192 244.1 300.7 339
Net income 1 154 405 168 189.3 238.5 274.9
Net margin 5.35% 15.04% 5.94% 6.29% 7.36% 7.87%
EPS 2 - 1.880 0.6400 0.7140 0.8840 1.010
Free Cash Flow 1 - -32 145 160.6 222.2 228.2
FCF margin - -1.19% 5.13% 5.34% 6.85% 6.53%
FCF Conversion (EBITDA) - - 44.75% 42.39% 51.84% 47.84%
FCF Conversion (Net income) - - 86.31% 84.84% 93.17% 83.02%
Dividend per Share 2 - - - - 0.0667 0.1100
Announcement Date 28/03/22 28/03/23 27/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 - 820 569 628 703 926 688 680.3 728.2 911.8 719.3 725.3
EBITDA 1 - 120 49 62 82 131 70 70.44 94.95 144.2 87.7 89.8
EBIT 1 - 87 25 42 59 105 43 47.63 71.69 121.3 64.9 67
Operating Margin - 10.61% 4.39% 6.69% 8.39% 11.34% 6.25% 7% 9.85% 13.31% 9.02% 9.24%
Earnings before Tax (EBT) 1 - - 16 33 48 95 37 35 60.2 111.8 56.9 59
Net income 1 279 - 12 35 47 74 29 28.73 47.14 84.5 43.8 45.5
Net margin - - 2.11% 5.57% 6.69% 7.99% 4.22% 4.22% 6.47% 9.27% 6.09% 6.27%
EPS 2 1.323 - 0.0500 0.1300 0.1800 0.2800 0.1100 0.1100 0.1775 0.3175 0.1700 0.1700
Dividend per Share 2 - - - - - - - - - - - -
Announcement Date 07/11/22 28/03/23 03/05/23 02/08/23 02/11/23 27/02/24 01/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - - 61 218 427 708
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - -32 145 161 222 228
ROE (net income / shareholders' equity) - - 7.55% 8.96% 9.71% 10%
ROA (Net income/ Total Assets) - - 4.42% 5.45% 5.98% -
Assets 1 - - 3,799 3,471 3,988 -
Book Value Per Share 2 - - 8.860 9.530 10.50 11.50
Cash Flow per Share 2 - - 0.7800 0.9800 1.140 -
Capex 1 - - 60 104 85.7 104
Capex / Sales - - 2.12% 3.46% 2.64% 2.98%
Announcement Date 28/03/22 28/03/23 27/02/24 - - -
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
BUY
Number of Analysts
8
Last Close Price
25.4 USD
Average target price
26 USD
Spread / Average Target
+2.36%
Consensus
  1. Stock Market
  2. Equities
  3. DRS Stock
  4. 2VZ Stock
  5. Financials Leonardo DRS, Inc.