Projected Income Statement: Radware Ltd.

Forecast Balance Sheet: Radware Ltd.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt -288 -432 -364 -305 - - - -
Change - -50% 15.74% 16.21% - - - -
Announcement Date 2/9/22 2/8/23 2/7/24 2/12/25 2/10/26 - - -
Estimates

Cash Flow Forecast: Radware Ltd.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 5.603 8.814 5.429 5.279 - 9.8 10.8 -
Change - 57.31% -38.4% -2.76% - - 10.2% -100%
Free Cash Flow (FCF) 1 66.17 34.18 -8.929 66.33 41.56 43.8 53.3 57
Change - -48.34% -126.12% 842.86% -37.35% 5.4% 21.69% 6.94%
Announcement Date 2/9/22 2/8/23 2/7/24 2/12/25 2/10/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Radware Ltd.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - 16.48% 12.84% 6.72% 12.62% - - - -
EBIT Margin (%) - 13.57% 10.11% 3.56% 9.75% 13.14% 13.28% 14.3% -
EBT Margin (%) - 7.9% - -6.79% 4.61% - - - -
Net margin (%) - 2.73% - -8.26% 2.2% - - - -
FCF margin (%) - 23.1% 11.65% -3.42% 24.13% 13.77% 13.18% 14.86% 14.69%
FCF / Net Income (%) - 847.15% - 41.36% 1,098.54% - - - -

Profitability

         
ROA 0.63% 1.81% -0.41% -3.37% -0.48% 1.08% - - -
ROE 2.46% 2.06% -0.04% -6.24% 1.77% 5.42% - - -

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - 1.96% 3% 2.08% 1.92% - 2.95% 3.01% -
CAPEX / EBITDA (%) - 11.87% 23.4% 30.91% 15.22% - - - -
CAPEX / FCF (%) - 8.47% 25.78% -60.8% 7.96% - 22.37% 20.26% -

Items per share

         
Cash flow per share 1 1.181 2.017 1.042 1.692 2.32 2.435 - - -
Change - 70.8% -48.31% 62.28% 37.13% 4.99% - - -
Dividend per Share 1 - - - - - - - - -
Change - - - - - - - - -
Book Value Per Share 1 8.374 8.066 7.497 6.813 7.432 8.097 - - -
Change - -3.68% -7.05% -9.12% 9.09% 8.95% - - -
EPS 1 0.2 0.16 -0.003693 -0.5036 0.14 0.45 - - -
Change - -20% -102.31% -13,536.45% 127.8% 221.43% - - -
Nbr of stocks (in thousands) 46,160 45,999 44,841 42,051 41,995 43,434 - - -
Announcement Date 4/20/21 4/11/22 3/30/23 3/25/24 3/28/25 3/31/26 - - -
1USD
Estimates
2026 *2027 *
P/E - -
PBR - -
EV / Sales 3.73x 3.46x
Yield - -

EPS & Dividend



Y-o-Y evolution of P/E

 
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
29.45USD
Average target price
30.50USD
Spread / Average Target
+3.57%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. RDWR Stock
  4. Financials Radware Ltd.
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