VERALTO CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 98.62 USD | +0.02% |
|
+2.87% | +19.89% |
| May. 08 | Argus Adjusts Price Target on Veralto to $110 From $95 | MT |
| Apr. 26 | BNP Paribas Exane Adjusts Price Target on Veralto to $110 From $103 | MT |
Valuation
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 20,261 | 24,344 | - | - |
| Enterprise Value (EV) 1 | 22,128 | 25,571 | 24,879 | 24,229 |
| P/E ratio | 24.2 x | 30.6 x | 28.2 x | 26.3 x |
| Yield | - | 0.36% | 0.38% | 0.41% |
| Capitalization / Revenue | 4.04 x | 4.72 x | 4.49 x | 4.25 x |
| EV / Revenue | 4.41 x | 4.96 x | 4.59 x | 4.23 x |
| EV / EBITDA | 18.3 x | 20.1 x | 18.2 x | 16.4 x |
| EV / FCF | 24.3 x | 30.8 x | 26.8 x | 23.5 x |
| FCF Yield | 4.11% | 3.24% | 3.73% | 4.26% |
| Price to Book | 14.7 x | 11.6 x | 8.14 x | 6.16 x |
| Nbr of stocks (in thousands) | 246,308 | 246,847 | - | - |
| Reference price 2 | 82.26 | 98.62 | 98.62 | 98.62 |
| Announcement Date | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | 4,870 | 5,021 | 5,152 | 5,425 | 5,732 |
| EBITDA 1 | - | 1,209 | 1,273 | 1,370 | 1,476 |
| EBIT 1 | - | 1,170 | 1,230 | 1,325 | 1,432 |
| Operating Margin | - | 23.3% | 23.88% | 24.43% | 24.98% |
| Earnings before Tax (EBT) 1 | - | 1,096 | 1,056 | 1,183 | 1,291 |
| Net income 1 | 845 | 839 | 783.1 | 875.1 | 945 |
| Net margin | 17.35% | 16.71% | 15.2% | 16.13% | 16.49% |
| EPS 2 | - | 3.400 | 3.226 | 3.494 | 3.752 |
| Free Cash Flow 1 | - | 909 | 829.3 | 928.7 | 1,033 |
| FCF margin | - | 18.1% | 16.1% | 17.12% | 18.02% |
| FCF Conversion (EBITDA) | - | 75.19% | 65.15% | 67.8% | 69.97% |
| FCF Conversion (Net income) | - | 108.34% | 105.9% | 106.13% | 109.3% |
| Dividend per Share 2 | - | - | 0.3583 | 0.3767 | 0.4020 |
| Announcement Date | 3/31/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,255 | 1,288 | 1,246 | 1,276 | 1,293 | 1,337 | 1,297 | 1,335 |
| EBITDA 1 | 294 | 316 | - | 306.1 | 312.8 | 335.9 | 328.3 | 334.1 |
| EBIT 1 | 281 | 306 | 305 | 295.6 | 303.1 | 325.8 | 316.2 | 323.6 |
| Operating Margin | 22.39% | 23.76% | 24.48% | 23.17% | 23.44% | 24.37% | 24.39% | 24.23% |
| Earnings before Tax (EBT) 1 | - | 261 | 250 | 255.6 | 265.2 | 286.8 | 283 | 283.7 |
| Net income 1 | 205 | 200 | 184 | 189.1 | 194.8 | 209.8 | 210.2 | 210.7 |
| Net margin | 16.33% | 15.53% | 14.77% | 14.83% | 15.06% | 15.7% | 16.21% | 15.78% |
| EPS 2 | 0.8300 | 0.8100 | 0.7400 | 0.7582 | 0.7832 | 0.8345 | 0.8403 | 0.8404 |
| Dividend per Share 2 | - | - | - | 0.0900 | 0.0900 | 0.0900 | 0.0900 | - |
| Announcement Date | 10/25/23 | 2/6/24 | 4/23/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | 1,867 | 1,227 | 535 | - |
| Net Cash position 1 | - | - | - | - | 115 |
| Leverage (Debt/EBITDA) | - | 1.544 x | 0.9642 x | 0.3905 x | - |
| Free Cash Flow 1 | - | 909 | 829 | 929 | 1,033 |
| ROE (net income / shareholders' equity) | - | 36.3% | 44.3% | 33.9% | 27.6% |
| ROA (Net income/ Total Assets) | - | 16% | 13% | 12.8% | 12.1% |
| Assets 1 | - | 5,259 | 6,014 | 6,853 | 7,823 |
| Book Value Per Share 2 | - | 5.610 | 8.490 | 12.10 | 16.00 |
| Cash Flow per Share 2 | - | 3.900 | 3.640 | 4.040 | 4.380 |
| Capex 1 | - | 54 | 60.7 | 58.6 | 61.6 |
| Capex / Sales | - | 1.08% | 1.18% | 1.08% | 1.07% |
| Announcement Date | 3/31/23 | 2/6/24 | - | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
98.62
USD
Average target price
98.36
USD
Spread / Average Target
-0.26%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +19.89% | 24.34B | |
| +16.40% | 83.66B | |
| +12.78% | 58.57B | |
| +31.06% | 11.7B | |
| +22.67% | 11.55B | |
| -4.12% | 6.61B | |
| +24.17% | 5B | |
| +26.74% | 4.89B | |
| -2.85% | 3.08B | |
| -2.20% | 2.44B |
- Stock Market
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- Financials Veralto Corporation
