Company Valuation: ABB Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 76,054 56,637 81,637 99,453 136,179 173,968 - -
Change - -25.53% 44.14% 21.82% 36.93% 27.75% - -
Enterprise Value (EV) 1 75,956 59,416 83,628 100,738 137,862 170,154 168,889 166,715
Change - -21.78% 40.75% 20.46% 36.85% 23.42% -0.74% -1.29%
P/E 17x 23.3x 22x 25.4x 28.9x 24.5x 27.4x 24.3x
PBR 4.8x 4.43x 6.08x 6.91x 8.47x 8.99x 7.89x 6.73x
PEG - -0.6x 0.4x 4.25x 1.3x 0.5x -2.6x 1.9x
Capitalization / Revenue 2.63x 1.92x 2.53x 3.03x 4.1x 4.57x 4.1x 3.78x
EV / Revenue 2.62x 2.02x 2.59x 3.07x 4.15x 4.47x 3.98x 3.62x
EV / EBITDA 11.5x 14.3x 14.8x 17.2x 20.1x 20.8x 18.3x 16.2x
EV / EBIT 13.3x 17.8x 17.2x 19.9x 22.8x 23.5x 20.1x 17.8x
EV / FCF 30.3x 113x 23.8x 26.3x 30.2x 35.1x 29.4x 24.9x
FCF Yield 3.3% 0.88% 4.21% 3.8% 3.31% 2.85% 3.4% 4.01%
Dividend per Share 2 0.8934 0.9225 1.013 0.9916 1.224 1.185 1.285 1.39
Rate of return 2.34% 3.04% 2.29% 1.83% 1.63% 1.24% 1.34% 1.45%
EPS 2 2.25 1.3 2.01 2.13 2.59 3.906 3.502 3.939
Distribution rate 39.7% 71% 50.4% 46.6% 47.3% 30.3% 36.7% 35.3%
Net sales 1 28,945 29,446 32,235 32,850 33,220 38,104 42,433 46,023
EBITDA 1 6,611 4,151 5,651 5,873 6,860 8,177 9,237 10,285
EBIT 1 5,718 3,337 4,871 5,071 6,047 7,243 8,402 9,360
Net income 1 4,546 2,475 3,745 3,935 4,734 6,907 6,429 7,185
Net Debt 1 -98 2,779 1,991 1,285 1,683 -3,814 -5,078 -7,252
Reference price 2 38.18 30.35 44.30 54.10 74.91 95.86 95.86 95.86
Nbr of stocks (in thousands) 1,992,148 1,866,376 1,842,990 1,838,306 1,818,000 1,814,882 - -
Announcement Date 2/3/22 2/2/23 2/1/24 1/30/25 1/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.85x4.46x20.77x1.24% 174B
135.13x19.81x91.05x-.--% 81.75B
130.05x3.02x32.25x-.--% 38.5B
24.96x2.08x12.84x2.75% 32.46B
24.66x2.14x13.99x3.69% 29.48B
16.1x2.07x12.28x2.66% 24.55B
57.38x4.84x36.29x0.54% 22.49B
33.72x3.71x21.99x0.36% 19.28B
44.3x3.26x30.65x0.5% 15.26B
Average 54.57x 5.04x 30.23x 1.3% 48.64B
Weighted average by Cap. 56.94x 6.68x 34.58x 1.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield