Financials Science Applications International Corporation

Equities

SAIC

US8086251076

IT Services & Consulting

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
129.5 USD +0.27% Intraday chart for Science Applications International Corporation +3.63% +4.14%

Valuation

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 5,066 5,489 4,763 5,705 6,717 6,638 - -
Enterprise Value (EV) 1 6,799 7,833 7,175 7,970 8,722 8,558 8,465 8,360
P/E ratio 22.9 x 26.5 x 17.5 x 19.4 x 14.5 x 20.7 x 18.2 x 16 x
Yield 1.69% 1.57% 1.77% - - 1.17% 1.21% 1.26%
Capitalization / Revenue 0.79 x 0.78 x 0.64 x 0.74 x 0.9 x 0.89 x 0.87 x 0.84 x
EV / Revenue 1.07 x 1.11 x 0.97 x 1.03 x 1.17 x 1.15 x 1.11 x 1.06 x
EV / EBITDA 12.6 x 12.5 x 10.5 x 11.7 x 13.1 x 12.3 x 11.7 x 11.4 x
EV / FCF 15.6 x 11 x 14.9 x 15.7 x 23.6 x 17.7 x 16.3 x 15.4 x
FCF Yield 6.43% 9.05% 6.72% 6.36% 4.23% 5.66% 6.14% 6.48%
Price to Book 3.59 x 3.55 x 2.89 x - - 3.7 x 3.56 x -
Nbr of stocks (in thousands) 57,724 58,224 56,941 54,629 52,063 51,271 - -
Reference price 2 87.77 94.27 83.65 104.4 129.0 129.5 129.5 129.5
Announcement Date 3/26/20 3/25/21 3/28/22 4/3/23 3/18/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 6,379 7,056 7,394 7,704 7,444 7,442 7,657 7,859
EBITDA 1 538 627 686 680 668 693.6 722.2 734.2
EBIT 1 410 445 519 526 519 542.5 570.8 611.6
Operating Margin 6.43% 6.31% 7.02% 6.83% 6.97% 7.29% 7.46% 7.78%
Earnings before Tax (EBT) 1 286 271 358 375 620 417.1 450.2 489.3
Net income 1 226 209 277 300 477 320.7 350.7 384.2
Net margin 3.54% 2.96% 3.75% 3.89% 6.41% 4.31% 4.58% 4.89%
EPS 2 3.830 3.560 4.770 5.380 8.880 6.248 7.119 8.087
Free Cash Flow 1 437 709 482 507 369 484.7 520.1 542
FCF margin 6.85% 10.05% 6.52% 6.58% 4.96% 6.51% 6.79% 6.9%
FCF Conversion (EBITDA) 81.23% 113.08% 70.26% 74.56% 55.24% 69.88% 72.02% 73.82%
FCF Conversion (Net income) 193.36% 339.23% 174.01% 169% 77.36% 151.12% 148.29% 141.08%
Dividend per Share 2 1.480 1.480 1.480 - - 1.514 1.565 1.635
Announcement Date 3/26/20 3/25/21 3/28/22 4/3/23 3/18/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 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 2025 Q4 2026 Q1
Net sales 1 1,898 1,782 1,996 1,831 1,909 1,968 2,028 1,784 1,895 1,737 1,851 1,817 1,949 1,834 1,914
EBITDA 1 171 146 173 166 170 171 189 174 178 127 168.4 170.2 184.8 171.2 177.8
EBIT 1 126 106 134 125 136 131 152 134 144 89 129.9 133.2 145.4 132.3 134.8
Operating Margin 6.64% 5.95% 6.71% 6.83% 7.12% 6.66% 7.5% 7.51% 7.6% 5.12% 7.02% 7.33% 7.46% 7.21% 7.04%
Earnings before Tax (EBT) 1 88 57 95 95 100 85 123 335 114 48 94.17 99.91 113.4 104.3 104.9
Net income 1 71 43 73 73 80 74 98 247 93 39 73.02 77.29 88.11 78.92 81.25
Net margin 3.74% 2.41% 3.66% 3.99% 4.19% 3.76% 4.83% 13.85% 4.91% 2.25% 3.95% 4.25% 4.52% 4.3% 4.25%
EPS 2 1.220 0.7600 1.290 1.300 1.450 1.340 1.790 4.560 1.760 0.7400 1.415 1.506 1.722 1.530 1.625
Dividend per Share 2 0.3700 0.3700 0.3700 0.3700 0.3700 - - 0.3700 - - 0.3850 0.3850 0.3850 0.3850 -
Announcement Date 12/6/21 3/28/22 6/6/22 9/1/22 12/5/22 4/3/23 6/5/23 9/7/23 12/4/23 3/18/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 1,733 2,344 2,412 2,265 2,005 1,920 1,827 1,722
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.221 x 3.738 x 3.516 x 3.331 x 3.001 x 2.767 x 2.529 x 2.345 x
Free Cash Flow 1 437 709 482 507 369 485 520 542
ROE (net income / shareholders' equity) 23% 24.9% 26.7% 25.4% 24.3% 23.1% 24.7% 26%
ROA (Net income/ Total Assets) 7.2% 7.06% 7.37% 7.46% 7.79% 7.87% 8.33% -
Assets 1 3,138 2,962 3,761 4,019 6,121 4,073 4,209 -
Book Value Per Share 2 24.40 26.50 28.90 - - 35.00 36.30 -
Cash Flow per Share 2 - - 8.920 9.620 7.370 10.50 11.50 -
Capex 1 21 46 36 25 27 29.8 31.5 31
Capex / Sales 0.33% 0.65% 0.49% 0.32% 0.36% 0.4% 0.41% 0.39%
Announcement Date 3/26/20 3/25/21 3/28/22 4/3/23 3/18/24 - - -
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

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
129.5 USD
Average target price
137.5 USD
Spread / Average Target
+6.21%
Consensus
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