Financials Johnson Controls International Plc Deutsche Boerse AG

Equities

TYIA

IE00BY7QL619

Electrical Components & Equipment

Real-time Estimate Tradegate Other stock markets 10:12:33 2024-05-14 EDT			5-day change	1st Jan Change
61.88 ^EUR	+2.31%		+5.96%	+19.74%

05-10	Johnson Controls International Insider Sold Shares Worth $611,901, According to a Recent SEC Filing	MT
05-08	Redburn Atlantic Adjusts Price Target on Johnson Controls International to $75 From $67, Keeps Buy Rating	MT

Valuation

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	34,924	30,394	48,488	33,903	36,200	44,503	-	-
Enterprise Value (EV) ¹	34,924	36,262	54,892	40,832	44,213	53,547	53,223	52,786
P/E ratio	34.8 x	48.6 x	30 x	22.5 x	19.8 x	27.9 x	16.3 x	14.4 x
Yield	-	2.55%	1.57%	2.82%	2.73%	2.27%	2.3%	2.49%
Capitalization / Revenue	1.46 x	1.36 x	2.05 x	1.34 x	1.35 x	1.61 x	1.53 x	1.46 x
EV / Revenue	1.46 x	1.62 x	2.32 x	1.61 x	1.65 x	1.93 x	1.83 x	1.73 x
EV / EBITDA	10.5 x	11.4 x	15.6 x	11.1 x	10.7 x	12.3 x	11.3 x	10.4 x
EV / FCF	-	17.8 x	27.5 x	29.2 x	26.3 x	44 x	21.7 x	18.9 x
FCF Yield	-	5.61%	3.64%	3.42%	3.8%	2.27%	4.6%	5.29%
Price to Book	-	1.7 x	2.75 x	2.08 x	2.19 x	2.61 x	2.45 x	2.34 x
Nbr of stocks (in thousands)	795,707	744,048	712,224	688,810	680,320	673,676	-	-
Reference price ²	43.89	40.85	68.08	49.22	53.21	66.06	66.06	66.06
Announcement Date	19-11-07	20-11-03	21-11-05	22-11-03	23-12-12	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	23,968	22,317	23,674	25,299	26,793	27,719	29,104	30,508
EBITDA ¹	3,315	3,187	3,528	3,693	4,127	4,340	4,716	5,062
EBIT ¹	2,490	2,365	2,683	2,876	3,279	3,472	3,841	4,174
Operating Margin	10.39%	10.6%	11.33%	11.37%	12.24%	12.52%	13.2%	13.68%
Earnings before Tax (EBT) ¹	1,056	903	2,614	1,710	1,710	1,956	3,394	3,779
Net income ¹	1,100	631	1,637	1,532	1,849	1,598	2,694	2,984
Net margin	4.59%	2.83%	6.91%	6.06%	6.9%	5.77%	9.26%	9.78%
EPS ²	1.260	0.8400	2.270	2.190	2.690	2.369	4.050	4.572
Free Cash Flow ¹	-	2,036	1,999	1,398	1,682	1,217	2,449	2,793
FCF margin	-	9.12%	8.44%	5.53%	6.28%	4.39%	8.41%	9.16%
FCF Conversion (EBITDA)	-	63.88%	56.66%	37.86%	40.76%	28.05%	51.92%	55.18%
FCF Conversion (Net income)	-	322.66%	122.11%	91.25%	90.97%	76.15%	90.89%	93.61%
Dividend per Share ²	-	1.040	1.070	1.390	1.450	1.497	1.521	1.645
Announcement Date	19-11-07	20-11-03	21-11-05	22-11-03	23-12-12	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September	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	2025 Q3
Net sales ¹	5,862	6,098	6,614	6,725	6,068	6,686	7,133	6,906	6,094	6,699	7,385	7,519	6,492	7,040	7,680
EBITDA ¹	766	816	1,010	1,114	849	922	1,193	1,163	773	999	1,239	1,322	896.5	1,054	1,280
EBIT ¹	542	608	809	917	646	716	981	936	542	763	1,049	1,106	658	861.8	1,147
Operating Margin	9.25%	9.97%	12.23%	13.64%	10.65%	10.71%	13.75%	13.55%	8.89%	11.39%	14.2%	14.71%	10.14%	12.24%	14.94%
Earnings before Tax (EBT) ¹	490	110	504	606	170	223	793	524	403	-361	931	990.9	571.3	731.3	1,010
Net income ¹	381	11	379	761	118	133	1,049	549	374	-277	716.1	800.1	459.2	584.7	776.4
Net margin	6.5%	0.18%	5.73%	11.32%	1.94%	1.99%	14.71%	7.95%	6.14%	-4.13%	9.7%	10.64%	7.07%	8.31%	10.11%
EPS ²	0.5400	0.0200	0.5500	1.100	0.1700	0.1900	1.530	0.8000	0.5500	-0.4100	1.068	1.158	0.6924	0.8862	1.179
Dividend per Share ²	0.3400	0.3500	0.3500	0.3500	0.3500	0.3600	0.3700	0.3700	-	-	0.3794	0.3794	0.3910	0.3978	0.4011
Announcement Date	22-02-02	22-05-04	22-08-04	22-11-03	23-02-01	23-05-05	23-08-02	23-12-12	24-01-30	24-05-01	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: September	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	5,868	6,404	6,929	8,013	9,044	8,720	8,283
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	1.841 x	1.815 x	1.876 x	1.942 x	2.084 x	1.849 x	1.636 x
Free Cash Flow ¹	-	2,036	1,999	1,398	1,682	1,217	2,449	2,793
ROE (net income / shareholders' equity)	-	9.07%	10.9%	9.5%	14.7%	13.9%	15.1%	15.6%
ROA (Net income/ Total Assets)	-	4.06%	4.62%	4.99%	5.7%	4.59%	6.19%	6.73%
Assets ¹	-	15,532	35,442	30,701	32,444	34,807	43,525	44,309
Book Value Per Share ²	-	24.00	24.80	23.60	24.30	25.30	27.00	28.20
Cash Flow per Share ²	-	2.210	2.690	2.840	3.230	3.360	4.770	5.720
Capex ¹	-	443	552	592	539	558	593	615
Capex / Sales	-	1.99%	2.33%	2.34%	2.01%	2.01%	2.04%	2.01%
Announcement Date	19-11-07	20-11-03	21-11-05	22-11-03	23-12-12	-	-	-

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

Ratings for Johnson Controls International Plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

66.06 USD

Average target price

67.35 USD

Spread / Average Target

+1.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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