Company Valuation: Eaton Corporation plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 68,886 62,419 96,159 131,155 123,709 169,840 - -
Change - -9.39% 54.05% 36.39% -5.68% 37.29% - -
Enterprise Value (EV) 1 76,897 70,519 102,819 138,227 132,801 187,835 186,113 182,855
Change - -8.29% 45.8% 34.44% -3.93% 41.44% -0.92% -1.75%
P/E 32.4x 25.6x 30x 34.9x 30.5x 38.9x 30.2x 25.5x
PBR 4.2x 3.68x 5.05x 7.17x 6.36x 7.67x 6.66x 5.93x
PEG - 1.7x 1x 1.9x 3.05x 5.15x 1.1x 1.4x
Capitalization / Revenue 3.51x 3.01x 4.15x 5.27x 4.51x 5.19x 4.63x 4.21x
EV / Revenue 3.92x 3.4x 4.43x 5.56x 4.84x 5.74x 5.07x 4.54x
EV / EBITDA 22.7x 17x 20.9x 23.9x 20.3x 24.1x 20.5x 17.9x
EV / EBIT 31.2x 22.1x 25.7x 28.4x 24x 28.1x 23.8x 20.5x
EV / FCF 48.4x 36.4x 35.9x 39.3x 37.4x 47.4x 35.2x 27.7x
FCF Yield 2.07% 2.74% 2.79% 2.55% 2.68% 2.11% 2.84% 3.61%
Dividend per Share 2 3.04 3.24 3.44 3.76 4.16 4.418 4.704 5.166
Rate of return 1.76% 2.06% 1.43% 1.13% 1.31% 1.01% 1.08% 1.18%
EPS 2 5.34 6.14 8.02 9.5 10.45 11.24 14.46 17.16
Distribution rate 56.9% 52.8% 42.9% 39.6% 39.8% 39.3% 32.5% 30.1%
Net sales 1 19,628 20,752 23,196 24,878 27,448 32,704 36,687 40,301
EBITDA 1 3,385 4,152 4,922 5,791 6,531 7,792 9,070 10,191
EBIT 1 2,463 3,198 3,996 4,870 5,525 6,677 7,813 8,931
Net income 1 2,144 2,462 3,218 3,794 4,087 4,333 5,581 6,651
Net Debt 1 8,011 8,100 6,660 7,072 9,092 17,995 16,274 13,015
Reference price 2 172.82 156.95 240.82 331.87 318.51 437.28 437.28 437.28
Nbr of stocks (in thousands) 398,600 397,700 399,300 395,200 388,400 388,400 - -
Announcement Date 2/4/22 2/8/23 2/1/24 1/31/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.32x3.01x16.43x2.03% 240B
14.05x1.74x7.85x3.64% 204B
30.69x3.93x18.15x1.59% 186B
38.23x5.65x23.73x1.03% 167B
46.12x6.19x27.68x1.07% 154B
29.9x4.3x21.07x0.9% 99.45B
92.68x11.48x65.59x0.34% 95.8B
39.94x6.56x26.34x0.1% 92.9B
31.06x3.87x20.76x1.09% 90.04B
Average 38.67x 5.19x 25.29x 1.31% 147.71B
Weighted average by Cap. 34.99x 4.66x 22.45x 1.57%

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

  1. Stock Market
  2. Stocks
  3. ETN Stock
  4. ETN23 Stock
  5. Valuation Eaton Corporation plc