Financials ABB Ltd Swiss Exchange

Equities

ABBNE

CH0357679619

Heavy Electrical Equipment

Market Closed - Swiss Exchange 09:00:20 21/06/2024 pm IST 5-day change 1st Jan Change
49.87 CHF -2.33% Intraday chart for ABB Ltd -0.04% +33.84%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 51,425 57,669 76,061 56,623 81,660 1,01,664 - -
Enterprise Value (EV) 1 56,374 57,781 75,963 59,402 83,651 1,02,521 1,00,018 97,413
P/E ratio 36 x 11.5 x 17 x 23.3 x 22 x 26.1 x 23.6 x 21.8 x
Yield 3.42% 3.16% 2.34% 2.77% 2.29% 1.79% 1.91% 1.96%
Capitalization / Revenue 1.84 x 2.21 x 2.63 x 1.92 x 2.53 x 3.04 x 2.87 x 2.71 x
EV / Revenue 2.01 x 2.21 x 2.62 x 2.02 x 2.6 x 3.07 x 2.83 x 2.6 x
EV / EBITDA 19.4 x 23 x 11.5 x 14.3 x 14.8 x 16.3 x 14.4 x 13.1 x
EV / FCF 37.7 x 57.8 x 30.3 x 113 x 23.8 x 27.1 x 25.5 x 22.6 x
FCF Yield 2.65% 1.73% 3.3% 0.88% 4.21% 3.69% 3.93% 4.43%
Price to Book 3.8 x 3.63 x 4.8 x 4.43 x 6.09 x 7.01 x 6.07 x 5.28 x
Nbr of stocks (in thousands) 21,32,868 20,58,789 19,92,148 18,66,376 18,42,990 18,26,152 - -
Reference price 2 24.11 28.01 38.18 30.34 44.31 55.67 55.67 55.67
Announcement Date 05/02/20 04/02/21 03/02/22 02/02/23 01/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 27,978 26,134 28,945 29,446 32,235 33,444 35,380 37,537
EBITDA 1 2,899 2,508 6,611 4,151 5,651 6,272 6,945 7,434
EBIT 1 1,938 1,593 5,718 3,337 4,871 5,412 5,988 6,391
Operating Margin 6.93% 6.1% 19.75% 11.33% 15.11% 16.18% 16.92% 17.02%
Earnings before Tax (EBT) 1 1,862 841 5,787 3,394 4,778 5,339 5,907 6,348
Net income 1 1,439 5,146 4,546 2,475 3,745 3,945 4,381 4,723
Net margin 5.14% 19.69% 15.71% 8.41% 11.62% 11.8% 12.38% 12.58%
EPS 2 0.6700 2.440 2.250 1.300 2.010 2.130 2.361 2.552
Free Cash Flow 1 1,495 999 2,510 525 3,520 3,781 3,930 4,313
FCF margin 5.34% 3.82% 8.67% 1.78% 10.92% 11.31% 11.11% 11.49%
FCF Conversion (EBITDA) 51.57% 39.83% 37.97% 12.65% 62.29% 60.28% 56.58% 58.02%
FCF Conversion (Net income) 103.89% 19.41% 55.21% 21.21% 93.99% 95.84% 89.7% 91.32%
Dividend per Share 2 0.8246 0.8857 0.8934 0.8400 1.013 0.9986 1.061 1.092
Announcement Date 05/02/20 04/02/21 03/02/22 02/02/23 01/02/24 - - -
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 7,567 6,965 7,251 7,406 7,824 7,859 8,163 7,968 8,245 7,870 8,447 8,430 8,749 8,565 9,077
EBITDA 1 3,191 1,067 794 906 1,384 1,389 1,494 1,453 1,315 1,418 1,547 1,573 1,577 1,777 1,777
EBIT 1 2,975 857 587 708 1,185 1,198 1,298 1,259 1,116 1,217 1,404 1,430 1,397 1,574 1,574
Operating Margin 39.32% 12.3% 8.1% 9.56% 15.15% 15.24% 15.9% 15.8% 13.54% 15.46% 16.63% 16.96% 15.97% 18.38% 17.34%
Earnings before Tax (EBT) 1 2,985 884 599 714 1,197 1,184 1,281 1,231 1,082 1,253 1,361 1,375 1,363 1,532 1,595
Net income 1 2,640 604 379 360 1,132 1,036 906 882 921 905 1,024 1,048 1,034 1,129 1,177
Net margin 34.89% 8.67% 5.23% 4.86% 14.47% 13.18% 11.1% 11.07% 11.17% 11.5% 12.12% 12.43% 11.82% 13.18% 12.97%
EPS 2 1.330 0.3100 0.2000 0.1900 0.6000 0.5500 0.4800 0.4700 0.5000 0.4900 0.5540 0.5624 0.5670 - -
Dividend per Share 2 0.8934 - - - 0.8400 - - - 0.9784 - - - 1.137 - -
Announcement Date 03/02/22 21/04/22 21/07/22 20/10/22 02/02/23 25/04/23 20/07/23 18/10/23 01/02/24 18/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,949 112 - 2,779 1,991 857 - -
Net Cash position 1 - - 98 - - - 1,646 4,251
Leverage (Debt/EBITDA) 1.707 x 0.0447 x - 0.6695 x 0.3523 x 0.1367 x - -
Free Cash Flow 1 1,495 999 2,510 525 3,520 3,781 3,930 4,313
ROE (net income / shareholders' equity) 19.3% 14.2% 29.1% 23.3% 28.6% 28.8% 28.3% 26.4%
ROA (Net income/ Total Assets) 3.18% 11.8% 11.2% 6.23% 9.35% 9.54% 10.3% 10.4%
Assets 1 45,274 43,598 40,674 39,702 40,044 41,361 42,709 45,265
Book Value Per Share 2 6.340 7.720 7.960 6.850 7.280 7.950 9.160 10.50
Cash Flow per Share 2 1.090 0.8000 1.650 0.6700 2.300 2.520 2.640 2.850
Capex 1 762 694 820 762 770 868 906 945
Capex / Sales 2.72% 2.66% 2.83% 2.59% 2.39% 2.6% 2.56% 2.52%
Announcement Date 05/02/20 04/02/21 03/02/22 02/02/23 01/02/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
19
Last Close Price
55.67 USD
Average target price
48.26 USD
Spread / Average Target
-13.32%
Consensus