Financials Brunswick Corporation

Equities

BC

US1170431092

Recreational Products

Market Closed - Nyse 04:00:01 2024-05-10 pm EDT 5-day change 1st Jan Change
83.39 USD 0.00% Intraday chart for Brunswick Corporation +2.53% -13.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,893 5,973 7,766 5,226 6,658 5,634 - -
Enterprise Value (EV) 1 5,681 6,337 9,215 7,122 8,608 7,444 7,157 6,843
P/E ratio -39.2 x 16.3 x 13.3 x 8.01 x 16.2 x 12.3 x 10.3 x 10.1 x
Yield 1.45% 1.3% 1.27% 2.03% - 2.01% 2.13% 2.3%
Capitalization / Revenue 1.19 x 1.37 x 1.33 x 0.77 x 1.04 x 0.94 x 0.89 x 0.87 x
EV / Revenue 1.38 x 1.46 x 1.58 x 1.05 x 1.34 x 1.24 x 1.13 x 1.06 x
EV / EBITDA 8.47 x 8.65 x 8.65 x 5.56 x 7.54 x 7.66 x 6.67 x 6.16 x
EV / FCF 28.2 x 10.3 x 30 x 36 x 19.4 x 17.5 x 13.4 x 11.8 x
FCF Yield 3.55% 9.72% 3.33% 2.78% 5.16% 5.73% 7.46% 8.49%
Price to Book 3.93 x 4.02 x 4.05 x 2.52 x 3.34 x 2.68 x 2.4 x 2.14 x
Nbr of stocks (in thousands) 81,574 78,343 77,095 72,507 68,813 67,567 - -
Reference price 2 59.98 76.24 100.7 72.08 96.75 83.39 83.39 83.39
Announcement Date 1/30/20 1/28/21 1/27/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,109 4,348 5,846 6,812 6,401 6,001 6,354 6,455
EBITDA 1 670.6 732.3 1,065 1,280 1,142 972.2 1,073 1,111
EBIT 1 531.9 578.9 886.8 1,049 869.3 731.4 827.8 860.5
Operating Margin 12.94% 13.32% 15.17% 15.39% 13.58% 12.19% 13.03% 13.33%
Earnings before Tax (EBT) 1 110.7 472.7 736.4 853.6 628.9 588.3 712.8 -
Net income 1 -131 372.7 593.3 677 420.4 468.1 545.6 557
Net margin -3.19% 8.57% 10.15% 9.94% 6.57% 7.8% 8.59% 8.63%
EPS 2 -1.530 4.680 7.570 9.000 5.960 6.785 8.102 8.280
Free Cash Flow 1 201.6 615.9 306.9 197.8 444.3 426.4 533.9 581
FCF margin 4.91% 14.17% 5.25% 2.9% 6.94% 7.1% 8.4% 9%
FCF Conversion (EBITDA) 30.06% 84.1% 28.82% 15.45% 38.9% 43.86% 49.77% 52.31%
FCF Conversion (Net income) - 165.25% 51.73% 29.22% 105.69% 91.08% 97.86% 104.31%
Dividend per Share 2 0.8700 0.9900 1.275 1.460 - 1.679 1.772 1.916
Announcement Date 1/30/20 1/28/21 1/27/22 2/2/23 2/1/24 - - -
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 1,431 1,696 1,836 1,698 1,583 1,744 1,702 1,594 1,362 1,365 1,563 1,639 1,470 1,526 1,673
EBITDA 1 206.5 321.1 352.7 340.6 265.5 327.1 302.3 299.4 213.4 210.9 253.8 296.1 233.9 242.8 286.7
EBIT 1 156.3 267.5 300.2 278.8 202.2 262.4 234.9 230.1 141.9 141.5 194.3 231.6 173.5 180.6 228.9
Operating Margin 10.92% 15.78% 16.35% 16.42% 12.78% 15.05% 13.8% 14.44% 10.42% 10.37% 12.43% 14.13% 11.8% 11.83% 13.68%
Earnings before Tax (EBT) 1 101.6 220.4 254.6 214.7 163.9 211.4 171.6 160.1 85.8 87 160.8 200.2 146.1 148.8 184
Net income 1 101.5 174.2 197.3 163.8 141.7 112.3 134.7 112.5 60.9 68 127.3 157.6 113.4 115.3 142.6
Net margin 7.09% 10.27% 10.75% 9.65% 8.95% 6.44% 7.91% 7.06% 4.47% 4.98% 8.15% 9.62% 7.72% 7.55% 8.52%
EPS 2 1.300 2.250 2.590 2.200 1.950 1.560 1.900 1.610 0.8800 0.9900 1.847 2.297 1.657 1.630 2.093
Dividend per Share 2 0.3350 0.3650 0.3650 0.3650 0.3650 0.4000 0.4000 - - - 0.4175 0.4175 0.4175 - -
Announcement Date 1/27/22 4/28/22 7/28/22 10/27/22 2/2/23 4/27/23 7/27/23 10/26/23 2/1/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 788 364 1,449 1,896 1,951 1,809 1,522 1,209
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.175 x 0.4976 x 1.361 x 1.481 x 1.708 x 1.861 x 1.419 x 1.088 x
Free Cash Flow 1 202 616 307 198 444 426 534 581
ROE (net income / shareholders' equity) 25.7% 28.8% 37.9% 38.2% 20.4% 21.5% 21.2% 21.2%
ROA (Net income/ Total Assets) 9.44% 11% 14.1% 12.9% 6.7% 7.54% 8.19% 9%
Assets 1 -1,388 3,383 4,205 5,258 6,276 6,210 6,659 6,189
Book Value Per Share 2 15.30 18.90 24.90 28.60 29.00 31.20 34.70 38.90
Cash Flow per Share 2 5.070 - 7.320 7.790 10.40 9.780 11.30 12.50
Capex 1 233 182 267 388 289 224 260 253
Capex / Sales 5.66% 4.2% 4.57% 5.7% 4.52% 3.73% 4.09% 3.92%
Announcement Date 1/30/20 1/28/21 1/27/22 2/2/23 2/1/24 - - -
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
18
Last Close Price
83.39 USD
Average target price
94.5 USD
Spread / Average Target
+13.32%
Consensus
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