Financials Boeing NEO Exchange

Equities

BA

CA09702A1093

Aerospace & Defense

End-of-day quote NEO Exchange 18:00:00 2024-06-23 EDT 5-day change 1st Jan Change
31.24 CAD +1.17% Intraday chart for Boeing +0.13% -32.07%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 183,335 120,843 118,316 113,529 157,693 109,947 - -
Enterprise Value (EV) 1 201,152 158,836 160,174 153,310 194,035 147,670 141,595 133,367
P/E ratio -291 x -10.3 x -28.2 x -23 x -71 x 380 x 26.6 x 17.6 x
Yield 2.52% - - - - - 0.06% 0.78%
Capitalization / Revenue 2.39 x 2.08 x 1.9 x 1.7 x 2.03 x 1.4 x 1.16 x 1.04 x
EV / Revenue 2.63 x 2.73 x 2.57 x 2.3 x 2.49 x 1.87 x 1.49 x 1.26 x
EV / EBITDA 680 x -15.1 x -211 x -97.8 x 178 x 36.9 x 16.3 x 11.9 x
EV / FCF -51 x -8.06 x -36.4 x 66.9 x 43.8 x 145 x 26.1 x 16.3 x
FCF Yield -1.96% -12.4% -2.74% 1.49% 2.28% 0.69% 3.83% 6.14%
Price to Book -21.3 x -6.81 x -7.9 x -7.06 x - -7.41 x -10 x -18.5 x
Nbr of stocks (in thousands) 562,791 564,530 587,699 595,983 604,977 613,884 - -
Reference price 2 325.8 214.1 201.3 190.5 260.7 179.1 179.1 179.1
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 76,559 58,158 62,286 66,608 77,794 78,758 94,729 106,218
EBITDA 1 296 -10,521 -758 -1,568 1,088 4,001 8,700 11,229
EBIT 1 -1,975 -12,767 -2,902 -3,547 -773 2,015 6,785 8,893
Operating Margin -2.58% -21.95% -4.66% -5.33% -0.99% 2.56% 7.16% 8.37%
Earnings before Tax (EBT) 1 -2,259 -14,476 -5,033 -5,022 -2,005 530.9 5,333 7,718
Net income 1 -636 -11,873 -4,202 -4,935 -2,222 332.8 4,247 6,353
Net margin -0.83% -20.42% -6.75% -7.41% -2.86% 0.42% 4.48% 5.98%
EPS 2 -1.120 -20.88 -7.150 -8.300 -3.670 0.4712 6.731 10.16
Free Cash Flow 1 -3,946 -19,713 -4,396 2,290 4,433 1,018 5,418 8,182
FCF margin -5.15% -33.9% -7.06% 3.44% 5.7% 1.29% 5.72% 7.7%
FCF Conversion (EBITDA) - - - - 407.44% 25.45% 62.28% 72.87%
FCF Conversion (Net income) - - - - - 305.95% 127.58% 128.79%
Dividend per Share 2 8.220 - - - - - 0.1000 1.401
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
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 14,793 13,991 16,681 15,956 19,980 17,921 19,751 18,104 22,018 16,569 17,944 20,638 23,402 21,929 22,853
EBITDA 1 -3,637 -683 1,272 -2,306 149 308 357 -341 764 356 764.1 1,456 1,665 2,308 2,443
EBIT 1 -4,171 -1,169 774 -2,799 -353 -149 -99 -808 283 -86 -40.89 885.3 1,215 1,546 1,717
Operating Margin -28.2% -8.36% 4.64% -17.54% -1.77% -0.83% -0.5% -4.46% 1.29% -0.52% -0.23% 4.29% 5.19% 7.05% 7.51%
Earnings before Tax (EBT) 1 -4,700 -1,618 377 -3,132 -649 -496 -400 -1,100 -9 -378 -466 590.8 658.9 1,345 1,537
Net income 1 -4,143 -1,219 193 -3,275 -634 -414 -149 -1,636 -23 -343 -468.6 430.1 575.8 1,023 1,159
Net margin -28.01% -8.71% 1.16% -20.53% -3.17% -2.31% -0.75% -9.04% -0.1% -2.07% -2.61% 2.08% 2.46% 4.67% 5.07%
EPS 2 -7.020 -2.060 0.3200 -5.490 -1.060 -0.6900 -0.2500 -2.700 -0.0400 -0.5600 -0.6845 0.6058 1.058 1.199 1.487
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 1/26/22 4/27/22 7/27/22 10/26/22 1/25/23 4/26/23 7/26/23 10/25/23 1/31/24 4/24/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,817 37,993 41,858 39,781 36,342 37,724 31,648 23,420
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 60.19 x -3.611 x -55.22 x -25.37 x 33.4 x 9.429 x 3.638 x 2.086 x
Free Cash Flow 1 -3,946 -19,713 -4,396 2,290 4,433 1,018 5,418 8,182
ROE (net income / shareholders' equity) 47.5% - - - - -0.4% - -
ROA (Net income/ Total Assets) -1.57% -8.31% -2.89% -3.58% -1.62% 0.03% 3.38% 6.42%
Assets 1 40,636 142,881 145,343 137,811 137,059 1,283,646 125,592 98,912
Book Value Per Share 2 -15.30 -31.50 -25.50 -27.00 - -24.20 -17.90 -9.700
Cash Flow per Share 2 -4.320 -32.40 -5.810 5.860 9.830 1.390 11.70 18.00
Capex 1 1,500 1,303 980 1,222 1,527 1,776 1,955 2,122
Capex / Sales 1.96% 2.24% 1.57% 1.83% 1.96% 2.25% 2.06% 2%
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
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
28
Last Close Price
179.1 USD
Average target price
218.1 USD
Spread / Average Target
+21.77%
Consensus