Company Valuation: Textron Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,827 14,668 15,386 14,049 15,340 13,706 - -
Change - -12.83% 4.9% -8.69% 9.19% -10.66% - -
Enterprise Value (EV) 1 18,090 15,887 16,791 15,910 16,939 15,509 15,635 15,455
Change - -12.18% 5.69% -5.25% 6.47% -8.44% 0.81% -1.15%
P/E 23.2x 17.5x 17.2x 17.4x 17x 14.3x 12.6x 11.3x
PBR 2.43x 2.04x 2.17x 1.92x 1.93x 1.67x 1.57x 1.43x
PEG - 0.8x 1.2x -3.46x 0.9x 1.69x 0.9x 1x
Capitalization / Revenue 1.36x 1.14x 1.12x 1.03x 1.04x 0.88x 0.85x 0.82x
EV / Revenue 1.46x 1.23x 1.23x 1.16x 1.14x 1x 0.96x 0.93x
EV / EBITDA 13x 10.5x 10.6x 10.9x 10.5x 8.67x 7.92x 7.38x
EV / EBIT 18x 14.3x 14.2x 14.7x 14x 11.7x 10.7x 9.89x
EV / FCF 16.5x 14.4x 19.3x 24.7x 17.9x 20.4x 17.1x 13.1x
FCF Yield 6.05% 6.97% 5.17% 4.05% 5.57% 4.91% 5.86% 7.65%
Dividend per Share 2 0.08 0.08 0.08 0.08 0.08 0.0834 0.0856 0.0883
Rate of return 0.1% 0.11% 0.1% 0.11% 0.09% 0.1% 0.11% 0.11%
EPS 2 3.293 4.01 4.57 4.34 5.12 5.553 6.31 7.06
Distribution rate 2.43% 2% 1.75% 1.84% 1.56% 1.5% 1.36% 1.25%
Net sales 1 12,382 12,869 13,683 13,702 14,799 15,577 16,211 16,621
EBITDA 1 1,395 1,507 1,579 1,466 1,615 1,788 1,974 2,093
EBIT 1 1,005 1,110 1,184 1,084 1,214 1,330 1,463 1,563
Net income 1 746 861 921 824 921 975.4 1,070 1,155
Net Debt 1 1,263 1,219 1,405 1,861 1,599 1,803 1,929 1,749
Reference price 2 76.34 70.26 78.50 75.73 87.05 79.69 79.69 79.69
Nbr of stocks (in thousands) 220,425 208,771 196,005 185,512 176,224 171,987 - -
Announcement Date 1/27/22 1/25/23 1/24/24 1/22/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.01x1.73x12.88x1.77% 176B
-730.02x1.83x41.29x-.--% 157B
20.02x1.48x12.55x1.8% 25.38B
14.35x1x8.67x0.1% 13.71B
20.53x1.52x11.56x1.65% 13.38B
-6.96x52.68x-8.21x-.--% 6.05B
-9.17x84.07x-9.24x-.--% 4.89B
11.4x - - 2.18% 2.02B
Average -81.73x 20.61x 9.93x 0.94% 49.7B
Weighted average by Cap. -273.84x 3.52x 23.32x 0.97%

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

-40%: Exceptional extension
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