REGAL REXNORD CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 159.7 USD | -0.32% |
|
-0.94% | +7.88% |
| May. 08 | Baird Raises Price Target on Regal Rexnord to $208 From $205, Keeps Outperform Rating | MT |
| May. 07 | Transcript : Regal Rexnord Corporation, Q1 2024 Earnings Call, May 07, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,505 | 4,986 | 11,531 | 7,937 | 9,821 | 10,656 | - | - |
| Enterprise Value (EV) 1 | 4,311 | 5,446 | 12,777 | 9,272 | 15,628 | 15,637 | 14,729 | 14,430 |
| P/E ratio | 15.1 x | 26.5 x | 38.7 x | 16.5 x | -170 x | 32.3 x | 19.3 x | 14.4 x |
| Yield | 1.38% | 0.98% | 0.76% | 1.15% | 0.95% | 0.9% | 0.94% | 0.91% |
| Capitalization / Revenue | 1.08 x | 1.72 x | 3.03 x | 1.52 x | 1.57 x | 1.72 x | 1.66 x | 1.58 x |
| EV / Revenue | 1.33 x | 1.87 x | 3.35 x | 1.78 x | 2.5 x | 2.53 x | 2.29 x | 2.13 x |
| EV / EBITDA | 9.05 x | 11.6 x | 18.9 x | 8.34 x | 12 x | 11.1 x | 9.47 x | 8.58 x |
| EV / FCF | 13.6 x | 14 x | 42.1 x | 26.3 x | 26.2 x | 21.8 x | 16.3 x | 14 x |
| FCF Yield | 7.33% | 7.12% | 2.37% | 3.8% | 3.81% | 4.58% | 6.14% | 7.14% |
| Price to Book | 1.53 x | 1.96 x | 1.82 x | 1.24 x | 1.55 x | 1.53 x | 1.35 x | - |
| Nbr of stocks (in thousands) | 40,942 | 40,595 | 67,759 | 66,151 | 66,349 | 66,519 | - | - |
| Reference price 2 | 85.61 | 122.8 | 170.2 | 120.0 | 148.0 | 160.2 | 160.2 | 160.2 |
| Announcement Date | 2/3/20 | 2/16/21 | 2/2/22 | 2/1/23 | 2/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,238 | 2,907 | 3,810 | 5,218 | 6,251 | 6,184 | 6,424 | 6,761 |
| EBITDA 1 | 476.6 | 467.5 | 674.5 | 1,112 | 1,307 | 1,405 | 1,556 | 1,682 |
| EBIT 1 | 342.1 | 336.1 | 503.9 | 776.4 | 766.7 | 834 | 994.3 | 1,118 |
| Operating Margin | 10.57% | 11.56% | 13.22% | 14.88% | 12.27% | 13.49% | 15.48% | 16.53% |
| Earnings before Tax (EBT) 1 | 303.8 | - | - | 613.8 | -1.6 | 483 | 798.3 | 956 |
| Net income 1 | 238.9 | 189.3 | 209.9 | 488.9 | -57.4 | 333.3 | 568 | 726 |
| Net margin | 7.38% | 6.51% | 5.51% | 9.37% | -0.92% | 5.39% | 8.84% | 10.74% |
| EPS 2 | 5.660 | 4.640 | 4.400 | 7.290 | -0.8700 | 4.964 | 8.300 | 11.13 |
| Free Cash Flow 1 | 316.1 | 387.9 | 303.2 | 352.4 | 596.2 | 716.8 | 904.1 | 1,030 |
| FCF margin | 9.76% | 13.34% | 7.96% | 6.75% | 9.54% | 11.59% | 14.07% | 15.23% |
| FCF Conversion (EBITDA) | 66.32% | 82.97% | 44.95% | 31.7% | 45.61% | 51.01% | 58.1% | 61.25% |
| FCF Conversion (Net income) | 132.31% | 204.91% | 144.45% | 72.08% | - | 215.03% | 159.17% | 141.87% |
| Dividend per Share 2 | 1.180 | 1.200 | 1.290 | 1.380 | 1.400 | 1.438 | 1.500 | 1.460 |
| Announcement Date | 2/3/20 | 2/16/21 | 2/2/22 | 2/1/23 | 2/7/24 | - | - | - |
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 | 1,217 | 1,298 | 1,349 | 1,325 | 1,245 | 1,224 | 1,769 | 1,650 | 1,608 | 1,548 | 1,512 | 1,557 | 1,568 | 1,490 | 1,564 |
| EBITDA 1 | 217.6 | 277.7 | 283.3 | 277.3 | 273.4 | 241.7 | 379.7 | 339.2 | 346.5 | 317.4 | 335.9 | 369.1 | 383.3 | 347.4 | 366.1 |
| EBIT 1 | 139.8 | 192.2 | 198.5 | 196.1 | 189.6 | 142.1 | 225.4 | 190.4 | 208.8 | 180.4 | 185.5 | 225.9 | 242.1 | 205.5 | 224.2 |
| Operating Margin | 11.49% | 14.8% | 14.71% | 14.8% | 15.23% | 11.61% | 12.74% | 11.54% | 12.98% | 11.66% | 12.27% | 14.51% | 15.44% | 13.79% | 14.34% |
| Earnings before Tax (EBT) 1 | 8.1 | 163.3 | 183.8 | 155.1 | 111.6 | 6.8 | 43.1 | -125.9 | 74.4 | 31.3 | 195.5 | 113.5 | 138.5 | 262 | 252 |
| Net income 1 | -4.8 | 125.6 | 142 | 119.8 | 101.5 | -5.9 | 32.1 | -139.5 | 55.9 | 19.8 | 114.3 | 89.33 | 110 | 198 | 190 |
| Net margin | -0.39% | 9.67% | 10.52% | 9.04% | 8.15% | -0.48% | 1.81% | -8.46% | 3.48% | 1.28% | 7.56% | 5.74% | 7.01% | 13.29% | 12.15% |
| EPS 2 | -0.0700 | 1.850 | 2.120 | 1.800 | 1.530 | -0.0900 | 0.4800 | -2.100 | 0.8400 | 0.3000 | 1.492 | 1.355 | 1.622 | 2.980 | 2.890 |
| Dividend per Share 2 | 0.3300 | 0.3300 | 0.3500 | 0.3500 | 0.3500 | 0.3500 | 0.3500 | 0.3500 | 0.3500 | 0.3500 | 0.3600 | 0.3600 | 0.3733 | 0.3700 | 0.3700 |
| Announcement Date | 2/2/22 | 4/27/22 | 8/1/22 | 10/31/22 | 2/1/23 | 5/4/23 | 7/31/23 | 11/1/23 | 2/7/24 | 5/6/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 806 | 460 | 1,246 | 1,335 | 5,807 | 4,981 | 4,073 | 3,774 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.691 x | 0.9842 x | 1.847 x | 1.201 x | 4.443 x | 3.545 x | 2.618 x | 2.244 x |
| Free Cash Flow 1 | 316 | 388 | 303 | 352 | 596 | 717 | 904 | 1,030 |
| ROE (net income / shareholders' equity) | 10.2% | 9.62% | 10.2% | 11.3% | 9.53% | 20.6% | 27.8% | - |
| ROA (Net income/ Total Assets) | 5.28% | 5.22% | 6.05% | 6.99% | 4.72% | 5.2% | 6.05% | - |
| Assets 1 | 4,527 | 3,626 | 3,470 | 6,993 | -1,216 | 6,410 | 9,388 | - |
| Book Value Per Share 2 | 56.00 | 62.70 | 93.40 | 96.50 | 95.70 | 105.0 | 119.0 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 92.4 | 47.5 | 54.5 | 83.8 | 119 | 107 | 121 | 119 |
| Capex / Sales | 2.85% | 1.63% | 1.43% | 1.61% | 1.91% | 1.73% | 1.88% | 1.76% |
| Announcement Date | 2/3/20 | 2/16/21 | 2/2/22 | 2/1/23 | 2/7/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
159.7
USD
Average target price
195.3
USD
Spread / Average Target
+22.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.88% | 10.66B | |
| +1.55% | 149B | |
| +26.06% | 141B | |
| +37.13% | 132B | |
| +15.98% | 64.53B | |
| +1.16% | 38.87B | |
| +101.56% | 36.42B | |
| +7.40% | 32.41B | |
| -13.12% | 30.91B | |
| +7.44% | 29.41B |
- Stock Market
- Equities
- RRX Stock
- Financials Regal Rexnord Corporation
