CABOT CORPORATION |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 102.8 USD | +0.38% |
|
+0.61% | +23.10% |
| May. 07 | UBS Adjusts Cabot Price Target to $103 From $100, Maintains Neutral Rating | MT |
| May. 07 | Mizuho Adjusts Price Target on Cabot to $109 From $104, Maintains Buy Rating | MT |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,619 | 2,034 | 2,843 | 3,597 | 3,875 | 5,658 | - | - |
| Enterprise Value (EV) 1 | 3,514 | 2,998 | 3,837 | 4,834 | 4,913 | 6,605 | 6,572 | 6,538 |
| P/E ratio | 17.2 x | -8.56 x | 11.5 x | - | - | - | - | - |
| Yield | 3% | 3.89% | 2.79% | 2.32% | 2.22% | 1.65% | 1.79% | 1.94% |
| Capitalization / Revenue | 0.78 x | 0.78 x | 0.83 x | 0.83 x | 0.99 x | 1.42 x | 1.33 x | 1.28 x |
| EV / Revenue | 1.05 x | 1.15 x | 1.13 x | 1.12 x | 1.25 x | 1.65 x | 1.55 x | 1.48 x |
| EV / EBITDA | 6.49 x | 7.51 x | 5.88 x | 6.64 x | 7.07 x | 8.4 x | 7.71 x | 7.26 x |
| EV / FCF | 25.6 x | 16.9 x | 61.9 x | -43.5 x | 14 x | 19 x | 32.8 x | 29.3 x |
| FCF Yield | 3.9% | 5.9% | 1.62% | -2.3% | 7.14% | 5.25% | 3.05% | 3.41% |
| Price to Book | 2.59 x | 2.94 x | 3 x | 4.02 x | - | 3.85 x | 3.44 x | 3.03 x |
| Nbr of stocks (in thousands) | 57,783 | 56,462 | 56,724 | 56,299 | 55,937 | 55,258 | - | - |
| Reference price 2 | 45.32 | 36.03 | 50.12 | 63.89 | 69.27 | 102.4 | 102.4 | 102.4 |
| Announcement Date | 11/4/19 | 11/23/20 | 11/8/21 | 11/7/22 | 11/6/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,337 | 2,614 | 3,409 | 4,321 | 3,931 | 3,993 | 4,253 | 4,405 |
| EBITDA 1 | 541 | 399 | 652 | 728 | 695 | 785.9 | 852.4 | 900 |
| EBIT 1 | 394 | 242 | 492 | 583 | 553 | 627.6 | 697.5 | 738.4 |
| Operating Margin | 11.81% | 9.26% | 14.43% | 13.49% | 14.07% | 15.72% | 16.4% | 16.76% |
| Earnings before Tax (EBT) 1 | 255 | -33 | 406 | 335 | 451 | 534.7 | 611.5 | 677 |
| Net income | 157 | -238 | 250 | 209 | 445 | - | - | - |
| Net margin | 4.7% | -9.1% | 7.33% | 4.84% | 11.32% | - | - | - |
| EPS | 2.630 | -4.210 | 4.340 | - | - | - | - | - |
| Free Cash Flow 1 | 137 | 177 | 62 | -111 | 351 | 347 | 200.5 | 223 |
| FCF margin | 4.11% | 6.77% | 1.82% | -2.57% | 8.93% | 8.69% | 4.71% | 5.06% |
| FCF Conversion (EBITDA) | 25.32% | 44.36% | 9.51% | - | 50.5% | 44.15% | 23.52% | 24.78% |
| FCF Conversion (Net income) | 87.26% | - | 24.8% | - | 78.88% | - | - | - |
| Dividend per Share 2 | 1.360 | 1.400 | 1.400 | 1.480 | 1.540 | 1.686 | 1.836 | 1.987 |
| Announcement Date | 11/4/19 | 11/23/20 | 11/8/21 | 11/7/22 | 11/6/23 | - | - | - |
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 | 968 | 1,092 | 1,149 | 1,112 | 965 | 1,033 | 968 | 965 | 958 | 1,019 | 998.1 | 1,007 | 1,041 | 1,092 | 1,048 |
| EBITDA 1 | 162 | 191 | 197 | 178 | 142 | 170 | 189 | 194 | 181 | 199 | 201.2 | 203.9 | 212.7 | 223 | 213 |
| EBIT 1 | 123 | 155 | 162 | 143 | 108 | 134 | 153 | 158 | 140 | 162 | 161.2 | 162.6 | 173.3 | 182.7 | 172 |
| Operating Margin | 12.71% | 14.19% | 14.1% | 12.86% | 11.19% | 12.97% | 15.81% | 16.37% | 14.61% | 15.9% | 16.15% | 16.14% | 16.65% | 16.73% | 16.41% |
| Earnings before Tax (EBT) 1 | -93 | 147 | 152 | 129 | 84 | 110 | 130 | 127 | - | 142 | 132.6 | 140.8 | - | - | - |
| Net income | -89 | 107 | 97 | 94 | 54 | 75 | 82 | 234 | - | - | - | - | - | - | - |
| Net margin | -9.19% | 9.8% | 8.44% | 8.45% | 5.6% | 7.26% | 8.47% | 24.25% | - | - | - | - | - | - | - |
| EPS | -1.570 | 1.840 | - | - | 0.9300 | 1.290 | 1.430 | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.3700 | 0.3700 | 0.3700 | 0.3700 | 0.3700 | - | 0.4000 | - | - | - | 0.4325 | 0.4758 | 0.4758 | 0.4758 | 0.4758 |
| Announcement Date | 1/31/22 | 5/2/22 | 8/8/22 | 11/7/22 | 2/9/23 | 5/8/23 | 8/7/23 | 11/6/23 | 2/5/24 | 5/6/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 895 | 964 | 994 | 1,237 | 1,038 | 947 | 914 | 880 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.654 x | 2.416 x | 1.525 x | 1.699 x | 1.494 x | 1.205 x | 1.072 x | 0.9774 x |
| Free Cash Flow 1 | 137 | 177 | 62 | -111 | 351 | 347 | 201 | 223 |
| ROE (net income / shareholders' equity) | 21.4% | 13.9% | 34.8% | 39% | 28.1% | 27.6% | 27.1% | 26% |
| ROA (Net income/ Total Assets) | 7.36% | 4.07% | 9.37% | 10.5% | 8.53% | 10.2% | 10.8% | 11.3% |
| Assets | 2,133 | -5,848 | 2,668 | 1,983 | 5,218 | - | - | - |
| Book Value Per Share 2 | 17.50 | 12.20 | 16.70 | 15.90 | - | 26.60 | 29.80 | 33.80 |
| Cash Flow per Share 2 | 6.140 | 6.660 | 4.520 | 1.760 | 10.50 | 9.120 | 9.880 | 10.30 |
| Capex 1 | 224 | 200 | 195 | 211 | 244 | 241 | 285 | 294 |
| Capex / Sales | 6.71% | 7.65% | 5.72% | 4.88% | 6.21% | 6.03% | 6.7% | 6.67% |
| Announcement Date | 11/4/19 | 11/23/20 | 11/8/21 | 11/7/22 | 11/6/23 | - | - | - |
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
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
102.4
USD
Average target price
104.5
USD
Spread / Average Target
+2.05%
| 1st Jan change | Capi. | |
|---|---|---|
| +23.10% | 5.66B | |
| +2.92% | 49.79B | |
| +19.98% | 42.5B | |
| +22.29% | 26.45B | |
| +12.04% | 19.66B | |
| +0.62% | 17.18B | |
| -24.51% | 15.82B | |
| +3.42% | 15.56B | |
| -11.51% | 15.41B | |
| -19.87% | 13.67B |
- Stock Market
- Equities
- CBT Stock
- Financials Cabot Corporation
