Financials Hexcel Corporation

Equities

HXL

US4282911084

Aerospace & Defense

Market Closed - Nyse 16:00:02 2024-05-03 EDT 5-day change 1st Jan Change
68.16 USD +0.43% Intraday chart for Hexcel Corporation +6.23% -7.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,186 4,051 4,346 4,953 6,203 5,665 - -
Enterprise Value (EV) 1 7,181 4,874 5,041 5,565 6,835 6,157 6,106 6,079
P/E ratio 20.5 x 128 x 273 x 39.5 x 59.5 x 30 x 23 x 19.4 x
Yield 0.93% 0.35% - 0.68% - 0.86% 1.02% 1.13%
Capitalization / Revenue 2.63 x 2.7 x 3.28 x 3.14 x 3.47 x 2.87 x 2.55 x 2.36 x
EV / Revenue 3.05 x 3.24 x 3.81 x 3.53 x 3.82 x 3.12 x 2.75 x 2.54 x
EV / EBITDA 12.7 x 22.9 x 24.2 x 19.2 x 20 x 15.2 x 12.6 x 11.3 x
EV / FCF 25 x 22.8 x 40.7 x 57.5 x 45.9 x 28.6 x 22 x 19.1 x
FCF Yield 4% 4.38% 2.46% 1.74% 2.18% 3.49% 4.54% 5.23%
Price to Book 4.24 x 2.68 x 2.93 x 3.19 x 3.63 x 3.39 x 3.11 x 2.97 x
Nbr of stocks (in thousands) 84,378 83,536 83,894 84,171 84,111 83,114 - -
Reference price 2 73.31 48.49 51.80 58.85 73.75 68.16 68.16 68.16
Announcement Date 20-02-03 21-01-25 22-01-26 23-01-25 24-01-24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,356 1,502 1,325 1,578 1,789 1,973 2,218 2,396
EBITDA 1 566.9 212.9 208 289.5 341.5 406.1 485.2 537
EBIT 1 425.2 72 70 163.3 216.7 271.1 347.8 402.1
Operating Margin 18.05% 4.79% 5.28% 10.35% 12.11% 13.74% 15.68% 16.78%
Earnings before Tax (EBT) 1 379.7 -27.7 22 149.8 109.7 242.8 316.7 367.5
Net income 1 306.6 31.7 16.1 126.3 105.7 189.8 243.9 280.9
Net margin 13.02% 2.11% 1.22% 8.01% 5.91% 9.62% 11% 11.73%
EPS 2 3.570 0.3800 0.1900 1.490 1.240 2.270 2.968 3.521
Free Cash Flow 1 287 213.7 123.8 96.8 148.9 215 277.1 317.9
FCF margin 12.18% 14.22% 9.35% 6.14% 8.32% 10.9% 12.5% 13.27%
FCF Conversion (EBITDA) 50.63% 100.38% 59.52% 33.44% 43.6% 52.95% 57.12% 59.2%
FCF Conversion (Net income) 93.61% 674.13% 768.94% 76.64% 140.87% 113.3% 113.6% 113.16%
Dividend per Share 2 0.6800 0.1700 - 0.4000 - 0.5881 0.6929 0.7672
Announcement Date 20-02-03 21-01-25 22-01-26 23-01-25 24-01-24 - - -
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 1 360.3 390.6 393 364.7 429.4 457.7 454.3 419.5 457.5 472.3 493.1 483.3 528.3 539 561.9
EBITDA 1 60.8 63.3 76.4 72.2 77.6 93.7 93.5 74.3 80.7 85.1 102.4 101.6 115.4 111.5 123.8
EBIT 1 25.2 31.1 44.7 41.2 46.3 63 61.8 42.8 49.1 54.1 68.53 67.34 80.07 71.07 88.46
Operating Margin 6.99% 7.96% 11.37% 11.3% 10.78% 13.76% 13.6% 10.2% 10.73% 11.45% 13.9% 13.93% 15.16% 13.18% 15.74%
Earnings before Tax (EBT) 1 22.3 21 55.2 31.8 41.8 53.4 52.1 35.8 -31.6 46.4 64.18 66.04 68 80.4 115.5
Net income 1 18.9 17.8 44.7 26.8 37 42.7 42.5 38.7 -18.2 36.5 49.44 49.89 54.12 50.55 68.49
Net margin 5.25% 4.56% 11.37% 7.35% 8.62% 9.33% 9.36% 9.23% -3.98% 7.73% 10.03% 10.32% 10.24% 9.38% 12.19%
EPS 2 0.2200 0.2100 0.5300 0.3100 0.4300 0.5000 0.5000 0.4500 -0.2100 0.4300 0.5639 0.5580 0.6985 0.6000 0.7293
Dividend per Share 2 - 0.1000 - - - - 0.1250 0.1250 - - 0.1500 0.1500 0.1500 0.1675 0.1675
Announcement Date 22-01-26 22-04-25 22-07-25 22-10-24 23-01-25 23-04-24 23-07-24 23-10-23 24-01-24 24-04-22 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 996 823 696 612 632 492 441 414
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.756 x 3.866 x 3.344 x 2.112 x 1.849 x 1.211 x 0.9097 x 0.7708 x
Free Cash Flow 1 287 214 124 96.8 149 215 277 318
ROE (net income / shareholders' equity) 21.9% 2.14% 1.07% 7.2% 9.47% 11.2% 14.1% 15.5%
ROA (Net income/ Total Assets) 10.2% - 0.56% - 5.38% 6.14% 8.23% 8.78%
Assets 1 3,006 - 2,875 - 1,965 3,091 2,964 3,198
Book Value Per Share 2 17.30 18.10 17.70 18.50 20.30 20.10 21.90 22.90
Cash Flow per Share 2 5.720 3.150 1.790 2.040 3.010 3.200 4.070 4.380
Capex 1 204 50.6 27.9 76.3 108 93.9 96.1 99.2
Capex / Sales 8.66% 3.37% 2.11% 4.84% 6.05% 4.76% 4.33% 4.14%
Announcement Date 20-02-03 21-01-25 22-01-26 23-01-25 24-01-24 - - -
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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
68.16 USD
Average target price
74.19 USD
Spread / Average Target
+8.84%
Consensus
  1. Stock Market
  2. Equities
  3. HXL Stock
  4. Financials Hexcel Corporation