Projected Income Statement: Belden Inc.

Forecast Balance Sheet: Belden Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 816 474 607 760 896 2,556 2,251 1,824
Change - -41.91% 28.06% 25.21% 17.89% 185.34% -11.93% -18.97%
Announcement Date 2/9/22 2/8/23 2/8/24 2/6/25 2/12/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Belden Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 90.98 105.1 116.7 121.8 136.2 177.6 187.4 184.5
Change - 15.51% 11.07% 4.36% 11.78% 30.46% 5.52% -1.57%
Free Cash Flow (FCF) 1 181.1 176.2 202.9 223 218.9 230.6 316.4 498.3
Change - -2.69% 15.16% 9.89% -1.84% 5.35% 37.21% 57.49%
Announcement Date 2/9/22 2/8/23 2/8/24 2/6/25 2/12/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Belden Inc.

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

Profitability

        
EBITDA Margin (%) 15.59% 17.02% 17.44% 16.69% 16.9% 17.96% 18.5% 18.88%
EBIT Margin (%) 13.69% 15.23% 15.39% 14.36% 14.63% 15.83% 16.52% 16.93%
EBT Margin (%) 3.64% 12.18% - - - 8.23% 8.79% 9.82%
Net margin (%) 2.65% 9.77% 9.66% 8.06% 8.75% 7.61% 8.25% 8.78%
FCF margin (%) 7.52% 6.76% 8.08% 9.06% 8.06% 6.84% 8.01% 12.02%
FCF / Net Income (%) 283.26% 69.19% 83.58% 112.37% 92.15% 89.84% 97.08% 136.88%

Profitability

        
ROA - - - - - - - -
ROE 25.43% 27.2% 25.36% - - 24.76% 23.55% 22.72%

Financial Health

        
Leverage (Debt/EBITDA) 2.17x 1.07x 1.39x 1.85x 1.95x 4.22x 3.08x 2.33x
Debt / Free cash flow 4.51x 2.69x 2.99x 3.41x 4.09x 11.08x 7.11x 3.66x

Capital Intensity

        
CAPEX / Current Assets (%) 3.78% 4.03% 4.65% 4.95% 5.02% 5.27% 4.74% 4.45%
CAPEX / EBITDA (%) 24.23% 23.69% 26.64% 29.66% 29.68% 29.32% 25.64% 23.57%
CAPEX / FCF (%) 50.25% 59.64% 57.53% 54.64% 62.21% 77.04% 59.24% 37.03%

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Change - 0% 0% 0% 0% 0% 0% 0%
Book Value Per Share 1 21.32 25.69 27.21 - - 37.97 45.33 53.85
Change - 20.46% 5.95% - - - 19.38% 18.8%
EPS 1 1.41 5.72 5.66 4.8 5.91 6.27 7.935 9.08
Change - 305.67% -1.05% -15.19% 23.13% 6.09% 26.56% 14.43%
Nbr of stocks (in thousands) 44,898 42,806 41,682 40,337 39,300 39,078 39,078 39,078
Announcement Date 2/9/22 2/8/23 2/8/24 2/6/25 2/12/26 - - -
1USD
Estimates
2026 *2027 *
P/E 17.9x 14.2x
PBR 2.96x 2.48x
EV / Sales 2.06x 1.68x
Yield 0.18% 0.18%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
-
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
112.45USD
Average target price
153.20USD
Spread / Average Target
+36.24%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. BDC Stock
  4. Financials Belden Inc.