Projected Income Statement: GE Aerospace

Forecast Balance Sheet: GE Aerospace

Forecast Balance Sheet - GE Aerospace
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 19,415 15,088 3,997 5,654 8,102 9,107 9,027 9,229
Change - -22.29% -73.51% 41.46% 43.3% 12.4% -0.88% 2.24%
Announcement Date 1/25/22 1/24/23 1/23/24 1/23/25 1/22/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: GE Aerospace

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,250 1,371 1,595 1,032 1,273 1,411 1,632 1,777
Change - 9.68% 16.34% -35.3% 23.35% 10.84% 15.67% 8.85%
Free Cash Flow (FCF) 1 2,082 4,758 3,584 3,678 7,694 9,338 10,122 10,982
Change - 128.53% -24.67% 2.62% 109.19% 21.36% 8.4% 8.5%
Announcement Date 1/25/22 1/24/23 1/23/24 1/23/25 1/22/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: GE Aerospace

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

Profitability

        
EBITDA Margin (%) 11.84% 13.06% 12.07% 24.02% 24.28% 24.28% 24.5% 25.09%
EBIT Margin (%) 7.79% 8.43% 9.01% 20.65% 21.4% 21.78% 22.08% 22.6%
EBT Margin (%) -4.96% 1.84% 15% 21.7% 23.63% 20.69% 21.33% 22.45%
Net margin (%) -4.8% -0.08% 13.52% 18.99% 20.57% 17.82% 17.96% 18.27%
FCF margin (%) 2.81% 6.22% 5.27% 10.47% 18.18% 18.35% 17.81% 17.69%
FCF / Net Income (%) -58.45% -7,434.38% 39.02% 55.14% 88.4% 102.99% 99.17% 96.81%

Profitability

        
ROA 1.02% 1.49% 1.75% 3.4% 5.38% 7.79% 8.04% 8.8%
ROE 6.12% 7.51% 10.1% 21.54% 35.83% 47.43% 51.52% 56.02%

Financial Health

        
Leverage (Debt/EBITDA) 2.21x 1.51x 0.49x 0.67x 0.79x 0.74x 0.65x 0.59x
Debt / Free cash flow 9.33x 3.17x 1.12x 1.54x 1.05x 0.98x 0.89x 0.84x

Capital Intensity

        
CAPEX / Current Assets (%) 1.68% 1.79% 2.35% 2.94% 3.01% 2.77% 2.87% 2.86%
CAPEX / EBITDA (%) 14.23% 13.71% 19.44% 12.23% 12.39% 11.42% 11.72% 11.41%
CAPEX / FCF (%) 60.04% 28.81% 44.5% 28.06% 16.55% 15.11% 16.12% 16.18%

Items per share

        
Cash flow per share 1 3.035 5.326 4.712 4.305 7.993 10.5 11.23 12.27
Change - 75.51% -11.52% -8.64% 85.66% 31.31% 6.99% 9.27%
Dividend per Share 1 0.32 0.32 0.32 1.12 1.44 1.812 2.083 2.412
Change - 0% 0% 250% 28.57% 25.83% 14.96% 15.79%
Book Value Per Share 1 36.71 33.18 25.14 18.01 17.81 17.26 18.81 20.46
Change - -9.61% -24.23% -28.34% -1.14% -3.07% 8.96% 8.76%
EPS 1 -6.16 -0.06 8.36 6.09 8.05 8.79 9.984 11.31
Change - 99.03% 14,033.33% -27.15% 32.18% 9.19% 13.59% 13.28%
Nbr of stocks (in thousands) 1,097,663 1,092,668 1,088,386 1,082,294 1,054,814 1,033,352 1,033,352 1,033,352
Announcement Date 1/25/22 1/24/23 1/23/24 1/23/25 1/22/26 - - -
1USD
Estimates
2026 *2027 *
P/E 32.8x 28.9x
PBR 16.7x 15.3x
EV / Sales 6.04x 5.4x
Yield 0.63% 0.72%

EPS & Dividend

EPS & Dividend - GE Aerospace


Y-o-Y evolution of P/E

Valuation ratios - P/E - GE Aerospace
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - GE Aerospace
Trader
Investor
Global
Quality
ESG MSCI
A
MarketScreener Ratings - GE Aerospace
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
288.43USD
Average target price
378.43USD
Spread / Average Target
+31.20%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - GE Aerospace
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