Financials Infinera Corporation

Equities

INFN

US45667G1031

Communications & Networking

Market Closed - Nasdaq 04:00:00 2024-05-22 pm EDT 5-day change 1st Jan Change
5.15 USD -1.53% Intraday chart for Infinera Corporation -3.74% +8.42%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,399 2,050 2,026 1,481 1,078 1,224 - -
Enterprise Value (EV) 1 1,648 2,302 2,312 1,971 1,078 1,741 1,643 1,445
P/E ratio -3.58 x -9.65 x -11.7 x -19.3 x -43.2 x -23.4 x 24 x -
Yield - - - - - - - -
Capitalization / Revenue 1.08 x 1.51 x 1.42 x 0.94 x 0.67 x 0.8 x 0.72 x 0.67 x
EV / Revenue 1.27 x 1.7 x 1.62 x 1.25 x 0.67 x 1.14 x 0.97 x 0.79 x
EV / EBITDA 44.1 x 24.5 x 20.4 x 12.9 x 6.49 x 16.8 x 7.78 x 5.15 x
EV / FCF -8.34 x -15.2 x -175 x -23.6 x - 544 x 21.8 x -
FCF Yield -12% -6.57% -0.57% -4.24% - 0.18% 4.58% -
Price to Book 3.58 x 5.02 x 6.27 x 8.27 x - 6.39 x 4.79 x 3.99 x
Nbr of stocks (in thousands) 180,803 193,070 210,788 219,744 226,924 234,108 - -
Reference price 2 7.740 10.62 9.610 6.740 4.750 5.150 5.150 5.150
Announcement Date 2/25/20 2/23/21 2/16/22 2/23/23 5/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,299 1,356 1,425 1,573 1,614 1,533 1,697 1,829
EBITDA 1 37.33 93.87 113.2 152.8 166 103.5 211 280.4
EBIT 1 -82.47 -6.274 29.59 68.99 87.22 60.89 159.2 207.5
Operating Margin -6.35% -0.46% 2.08% 4.39% 5.4% 3.97% 9.38% 11.34%
Earnings before Tax (EBT) 1 -383.7 -200.7 -158.8 -55.51 -17.41 -34.45 72.1 -
Net income 1 -386.6 -206.7 -170.8 -76.04 -25.21 -48.8 57.15 -
Net margin -29.77% -15.25% -11.98% -4.83% -1.56% -3.18% 3.37% -
EPS 2 -2.160 -1.100 -0.8200 -0.3500 -0.1100 -0.2200 0.2150 -
Free Cash Flow 1 -197.6 -151.3 -13.25 -83.61 - 3.2 75.3 -
FCF margin -15.21% -11.16% -0.93% -5.31% - 0.21% 4.44% -
FCF Conversion (EBITDA) - - - - - 3.09% 35.68% -
FCF Conversion (Net income) - - - - - - 131.76% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/25/20 2/23/21 2/16/22 2/23/23 5/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 355.8 400.3 338.9 358 390.4 485.9 392.1 376.2 392.4 453.5 306.9 331.7 403.1 490.3 387.9
EBITDA 1 29.53 40.41 18.08 22.64 - - 33.21 23.46 43.8 51.97 -10.46 1.9 28.25 71.6 10.4
EBIT 1 8.603 17.06 -3.491 1.506 20.13 50.84 13.61 10.72 30.3 32.59 -25.91 -8.218 27.68 65.93 22.79
Operating Margin 2.42% 4.26% -1.03% 0.42% 5.16% 10.46% 3.47% 2.85% 7.72% 7.19% -8.44% -2.48% 6.87% 13.45% 5.87%
Earnings before Tax (EBT) 1 -48.34 -30.62 -35.41 -50.38 -7.138 37.42 -4.838 -13.79 -6.947 8.168 -56.7 -36.1 9.2 49.25 3.35
Net income 1 -53.79 -33.07 -41.85 -55.72 -11.93 33.46 -8.41 -20.26 -9.413 12.87 -61.4 -37 6.7 42.95 1.2
Net margin -15.12% -8.26% -12.35% -15.57% -3.06% 6.89% -2.14% -5.39% -2.4% 2.84% -20% -11.15% 1.66% 8.76% 0.31%
EPS 2 -0.2600 -0.1600 -0.2000 -0.2600 -0.0500 0.1400 -0.0400 -0.0900 -0.0400 0.0600 -0.2700 -0.1450 0.0250 0.1650 -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/16/22 5/3/22 7/28/22 11/2/22 2/23/23 5/3/23 8/9/23 2/29/24 5/13/24 5/14/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 249 251 287 490 - 517 418 221
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.659 x 2.678 x 2.533 x 3.204 x - 4.992 x 1.982 x 0.7871 x
Free Cash Flow 1 -198 -151 -13.3 -83.6 - 3.2 75.3 -
ROE (net income / shareholders' equity) -19.7% -8.89% -2.34% 10.4% - 8.41% 45.1% 57.3%
ROA (Net income/ Total Assets) -6.26% -2.15% -0.53% 1.61% - 0.85% 6.49% -
Assets 1 6,179 9,613 32,355 -4,738 - -5,762 880.9 -
Book Value Per Share 2 2.160 2.120 1.530 0.8200 - 0.8100 1.080 1.290
Cash Flow per Share - - - - - - - -
Capex 1 30.2 39 41.4 46.1 - 55.6 66.3 -
Capex / Sales 2.33% 2.88% 2.9% 2.93% - 3.63% 3.91% -
Announcement Date 2/25/20 2/23/21 2/16/22 2/23/23 5/13/24 - - -
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
10
Last Close Price
5.15 USD
Average target price
7.267 USD
Spread / Average Target
+41.10%
Consensus
  1. Stock Market
  2. Equities
  3. INFN Stock
  4. Financials Infinera Corporation