Financials Brunswick Corporation

Equities

BC

US1170431092

Recreational Products

Market Closed - Nyse 01:30:02 27/04/2024 am IST 5-day change 1st Jan Change
81.08 USD +1.35% Intraday chart for Brunswick Corporation -3.41% -16.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,893 5,973 7,766 5,226 6,658 5,507 - -
Enterprise Value (EV) 1 5,681 6,337 9,215 7,122 8,608 7,353 7,118 6,820
P/E ratio -39.2 x 16.3 x 13.3 x 8.01 x 16.2 x 11.8 x 9.92 x 9.46 x
Yield 1.45% 1.3% 1.27% 2.03% - 2.07% 2.19% 2.36%
Capitalization / Revenue 1.19 x 1.37 x 1.33 x 0.77 x 1.04 x 0.91 x 0.86 x 0.85 x
EV / Revenue 1.38 x 1.46 x 1.58 x 1.05 x 1.34 x 1.22 x 1.12 x 1.05 x
EV / EBITDA 8.47 x 8.65 x 8.65 x 5.56 x 7.54 x 7.53 x 6.62 x 6.09 x
EV / FCF 28.2 x 10.3 x 30 x 36 x 19.4 x 15.8 x 13.9 x 13.4 x
FCF Yield 3.55% 9.72% 3.33% 2.78% 5.16% 6.34% 7.2% 7.48%
Price to Book 3.93 x 4.02 x 4.05 x 2.52 x 3.34 x 2.6 x 2.33 x 2.09 x
Nbr of stocks (in thousands) 81,574 78,343 77,095 72,507 68,813 67,918 - -
Reference price 2 59.98 76.24 100.7 72.08 96.75 81.08 81.08 81.08
Announcement Date 30/01/20 28/01/21 27/01/22 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 4,109 4,348 5,846 6,812 6,401 6,023 6,378 6,515
EBITDA 1 670.6 732.3 1,065 1,280 1,142 977 1,075 1,120
EBIT 1 531.9 578.9 886.8 1,049 869.3 736.8 836 871.2
Operating Margin 12.94% 13.32% 15.17% 15.39% 13.58% 12.23% 13.11% 13.37%
Earnings before Tax (EBT) 1 110.7 472.7 736.4 853.6 628.9 588.3 721.5 -
Net income 1 -131 372.7 593.3 677 420.4 474.7 555.3 579.3
Net margin -3.19% 8.57% 10.15% 9.94% 6.57% 7.88% 8.71% 8.89%
EPS 2 -1.530 4.680 7.570 9.000 5.960 6.879 8.174 8.573
Free Cash Flow 1 201.6 615.9 306.9 197.8 444.3 466 512.2 510
FCF margin 4.91% 14.17% 5.25% 2.9% 6.94% 7.74% 8.03% 7.83%
FCF Conversion (EBITDA) 30.06% 84.1% 28.82% 15.45% 38.9% 47.7% 47.64% 45.55%
FCF Conversion (Net income) - 165.25% 51.73% 29.22% 105.69% 98.17% 92.24% 88.03%
Dividend per Share 2 0.8700 0.9900 1.275 1.460 - 1.680 1.772 1.916
Announcement Date 30/01/20 28/01/21 27/01/22 02/02/23 01/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 1,427 1,431 1,696 1,836 1,698 1,583 1,744 1,702 1,594 1,362 1,365 1,567 1,645 1,474 1,513
EBITDA 1 264.4 206.5 321.1 352.7 340.6 265.5 327.1 302.3 299.4 213.4 210.9 247.4 293.3 235.3 253.2
EBIT 1 221.1 156.3 267.5 300.2 278.8 202.2 262.4 234.9 230.1 141.9 141.5 191 227.8 175.5 180.1
Operating Margin 15.49% 10.92% 15.78% 16.35% 16.42% 12.78% 15.05% 13.8% 14.44% 10.42% 10.37% 12.18% 13.85% 11.91% 11.9%
Earnings before Tax (EBT) 1 183.4 101.6 220.4 254.6 214.7 163.9 211.4 171.6 160.1 85.8 87 159.1 198.3 143.9 143.7
Net income 1 143.1 101.5 174.2 197.3 163.8 141.7 112.3 134.7 112.5 60.9 68 125.6 156.6 115.6 118.5
Net margin 10.03% 7.09% 10.27% 10.75% 9.65% 8.95% 6.44% 7.91% 7.06% 4.47% 4.98% 8.01% 9.52% 7.84% 7.83%
EPS 2 1.830 1.300 2.250 2.590 2.200 1.950 1.560 1.900 1.610 0.8800 0.9900 1.821 2.241 1.664 1.625
Dividend per Share 2 0.3350 0.3350 0.3650 0.3650 0.3650 0.3650 0.4000 0.4000 - - 0.4066 0.4100 0.4100 0.4100 -
Announcement Date 28/10/21 27/01/22 28/04/22 28/07/22 27/10/22 02/02/23 27/04/23 27/07/23 26/10/23 01/02/24 25/04/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 788 364 1,449 1,896 1,951 1,846 1,612 1,313
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.175 x 0.4976 x 1.361 x 1.481 x 1.708 x 1.889 x 1.499 x 1.173 x
Free Cash Flow 1 202 616 307 198 444 466 512 510
ROE (net income / shareholders' equity) 25.7% 28.8% 37.9% 38.2% 20.4% 21.5% 21.2% 21.1%
ROA (Net income/ Total Assets) 9.44% 11% 14.1% 12.9% 6.7% 7.58% 8.34% 9.3%
Assets 1 -1,388 3,383 4,205 5,258 6,276 6,265 6,655 6,229
Book Value Per Share 2 15.30 18.90 24.90 28.60 29.00 31.20 34.70 38.90
Cash Flow per Share 2 5.070 - 7.320 7.790 10.40 9.690 11.50 12.80
Capex 1 233 182 267 388 289 223 263 265
Capex / Sales 5.66% 4.2% 4.57% 5.7% 4.52% 3.71% 4.12% 4.07%
Announcement Date 30/01/20 28/01/21 27/01/22 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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
81.08 USD
Average target price
95.73 USD
Spread / Average Target
+18.06%
Consensus
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  4. Financials Brunswick Corporation