Projected Income Statement: ABB Ltd

Forecast Balance Sheet: ABB Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -98 2,779 1,991 1,285 1,683 -3,631 -5,421 -8,600
Change - 2,935.71% -28.36% -35.46% 30.97% -315.75% -49.3% -58.64%
Announcement Date 03/02/22 02/02/23 01/02/24 30/01/25 29/01/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: ABB Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 820 762 770 845 1,001 897.8 939.4 961.4
Change - -7.07% 1.05% 9.74% 18.46% -10.31% 4.63% 2.34%
Free Cash Flow (FCF) 1 2,510 525 3,520 3,830 4,566 4,763 5,323 5,877
Change - -79.08% 570.48% 8.81% 19.22% 4.31% 11.78% 10.41%
Announcement Date 03/02/22 02/02/23 01/02/24 30/01/25 29/01/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: ABB Ltd

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 22.84% 14.1% 17.53% 17.88% 20.65% 21.73% 21.69% 22%
EBIT Margin (%) 19.75% 11.33% 15.11% 15.44% 18.2% 19.39% 19.39% 19.79%
EBT Margin (%) 19.99% 11.53% 14.82% 15.93% 18.72% 21.14% 19.84% 20.24%
Net margin (%) 15.71% 8.41% 11.62% 11.98% 14.25% 17.29% 14.68% 15.08%
FCF margin (%) 8.67% 1.78% 10.92% 11.66% 13.74% 13% 13.57% 14.05%
FCF / Net Income (%) 55.21% 21.21% 93.99% 97.33% 96.45% 75.16% 92.45% 93.16%

Profitability

        
ROA 11.18% 6.23% 9.35% 9.68% 11.12% 13.07% 11.32% 11.36%
ROE 29.08% 23.25% 28.6% 33.07% 31.04% 33.01% 27.31% 25.91%

Financial Health

        
Leverage (Debt/EBITDA) - 0.67x 0.35x 0.22x 0.25x - - -
Debt / Free cash flow - 5.29x 0.57x 0.34x 0.37x - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.83% 2.59% 2.39% 2.57% 3.01% 2.45% 2.39% 2.3%
CAPEX / EBITDA (%) 12.4% 18.36% 13.63% 14.39% 14.59% 11.28% 11.04% 10.45%
CAPEX / FCF (%) 32.67% 145.14% 21.88% 22.06% 21.92% 18.85% 17.65% 16.36%

Items per share

        
Cash flow per share 1 1.649 0.674 2.298 2.526 2.987 3.105 3.578 3.926
Change - -59.13% 240.92% 9.92% 18.26% 3.94% 15.26% 9.71%
Dividend per Share 1 0.8934 0.9225 1.013 0.9916 1.224 1.159 1.222 1.312
Change - 3.27% 9.85% -2.15% 23.48% -5.38% 5.48% 7.38%
Book Value Per Share 1 7.957 6.851 7.28 7.827 8.849 10.78 12.49 14.04
Change - -13.9% 6.26% 7.51% 13.05% 21.87% 15.84% 12.37%
EPS 1 2.25 1.3 2.01 2.13 2.59 3.485 3.185 3.502
Change - -42.22% 54.62% 5.97% 21.6% 34.56% -8.61% 9.96%
Nbr of stocks (in thousands) 19,92,148 18,66,376 18,42,990 18,38,306 18,18,000 18,14,234 18,14,234 18,14,234
Announcement Date 03/02/22 02/02/23 01/02/24 30/01/25 29/01/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 27.8x 30.4x
PBR 8.98x 7.75x
EV / Sales 4.7x 4.34x
Yield 1.2% 1.26%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
27
Last Close Price
96.84USD
Average target price
83.07USD
Spread / Average Target
-14.22%

Quarterly revenue - Rate of surprise