Projected Income Statement: ABB Ltd

Forecast Balance Sheet: ABB Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -98 2,779 1,991 1,285 1,683 -3,814 -5,078 -7,252
Change - 2,935.71% -28.36% -35.46% 30.97% -326.62% -33.14% -42.81%
Announcement Date 2/3/22 2/2/23 2/1/24 1/30/25 1/29/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: ABB Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 820 762 770 845 1,001 903.5 970.5 1,009
Change - -7.07% 1.05% 9.74% 18.46% -9.74% 7.42% 3.98%
Free Cash Flow (FCF) 1 2,510 525 3,520 3,830 4,566 4,853 5,744 6,687
Change - -79.08% 570.48% 8.81% 19.22% 6.29% 18.35% 16.42%
Announcement Date 2/3/22 2/2/23 2/1/24 1/30/25 1/29/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: ABB Ltd

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

Profitability

        
EBITDA Margin (%) 22.84% 14.1% 17.53% 17.88% 20.65% 21.46% 21.77% 22.35%
EBIT Margin (%) 19.75% 11.33% 15.11% 15.44% 18.2% 19.01% 19.8% 20.34%
EBT Margin (%) 19.99% 11.53% 14.82% 15.93% 18.72% 19.33% 20.45% 21.02%
Net margin (%) 15.71% 8.41% 11.62% 11.98% 14.25% 18.13% 15.15% 15.61%
FCF margin (%) 8.67% 1.78% 10.92% 11.66% 13.74% 12.74% 13.54% 14.53%
FCF / Net Income (%) 55.21% 21.21% 93.99% 97.33% 96.45% 70.27% 89.34% 93.08%

Profitability

        
ROA 11.18% 6.23% 9.35% 9.68% 11.12% 15.08% 12.02% 12.22%
ROE 29.08% 23.25% 28.6% 33.07% 31.04% 34.48% 30.22% 29.5%

Financial Health

        
Leverage (Debt/EBITDA) - 0.67x 0.35x 0.22x 0.25x - - -
Debt / Free cash flow - 5.29x 0.57x 0.34x 0.37x - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.83% 2.59% 2.39% 2.57% 3.01% 2.37% 2.29% 2.19%
CAPEX / EBITDA (%) 12.4% 18.36% 13.63% 14.39% 14.59% 11.05% 10.51% 9.81%
CAPEX / FCF (%) 32.67% 145.14% 21.88% 22.06% 21.92% 18.62% 16.9% 15.09%

Items per share

        
Cash flow per share 1 1.649 0.674 2.298 2.526 2.987 3.157 3.631 4.192
Change - -59.13% 240.92% 9.92% 18.26% 5.71% 15.01% 15.44%
Dividend per Share 1 0.8934 0.9225 1.013 0.9916 1.224 1.185 1.283 1.388
Change - 3.27% 9.85% -2.15% 23.48% -3.23% 8.31% 8.15%
Book Value Per Share 1 7.957 6.851 7.28 7.827 8.849 10.67 12.16 14.25
Change - -13.9% 6.26% 7.51% 13.05% 20.55% 13.95% 17.21%
EPS 1 2.25 1.3 2.01 2.13 2.59 3.906 3.502 3.939
Change - -42.22% 54.62% 5.97% 21.6% 50.83% -10.36% 12.47%
Nbr of stocks (in thousands) 1,992,148 1,866,376 1,842,990 1,838,306 1,818,000 1,814,882 1,814,882 1,814,882
Announcement Date 2/3/22 2/2/23 2/1/24 1/30/25 1/29/26 - - -
1USD
Estimates
2026 *2027 *
P/E 25.3x 28.2x
PBR 9.26x 8.12x
EV / Sales 4.6x 4.1x
Yield 1.2% 1.3%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
26
Last Close Price
98.76USD
Average target price
101.58USD
Spread / Average Target
+2.86%

Quarterly revenue - Rate of surprise