Projected Income Statement: Globe Life Inc.

Forecast Balance Sheet: Globe Life Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 2,026 2,077 2,116 2,740 2,625 3,653 4,243 4,869
Change - 2.52% 1.88% 29.49% -4.2% 39.14% 16.15% 14.75%
Announcement Date 02/02/22 01/02/23 07/02/24 05/02/25 04/02/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Globe Life Inc.

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 41.76 38.24 27.93 49.55 71.04 142.5
Change - -8.41% -26.97% 77.42% 43.37% 100.55%
Free Cash Flow (FCF) 1 1,433 1,163 103.9 1,176 1,442 1,137
Change - -18.83% -91.06% 1,031.44% 22.61% -21.16%
Announcement Date 25/02/21 24/02/22 23/02/23 28/02/24 26/02/25 25/02/26
1USD in Million
Estimates

Forecast Financial Ratios: Globe Life Inc.

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

Profitability

        
EBITDA Margin (%) 19.87% - - - - 26.44% 25.49% 24.98%
EBIT Margin (%) 13.03% 15.33% 23.47% 24.06% 25.91% 24.54% 23.96% -
EBT Margin (%) - - 21.92% 22.96% 23.96% 23.82% 23.2% 23.12%
Net margin (%) 14.57% 14.18% 17.82% 18.53% 19.37% 18.36% 17.99% 18.02%
FCF margin (%) - - - - - - - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA - - - - - - - -
ROE 8.13% 10.93% 24.34% 21.7% 21.25% 18.8% 17.32% 14.72%

Financial Health

        
Leverage (Debt/EBITDA) 1.99x - - - - 2.16x 2.47x 2.7x
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 13.94 14.37 - - - - - -
Change - 3.11% - - - - - -
Dividend per Share 1 0.79 0.83 0.9 0.96 - 1.133 1.207 1.295
Change - 5.06% 8.43% 6.67% - - 6.47% 7.32%
Book Value Per Share 1 85.97 49.65 47.1 62.5 74.17 84.39 95.51 109.3
Change - -42.25% -5.14% 32.7% 18.67% 13.78% 13.17% 14.43%
EPS 1 7.22 7.47 10.07 11.94 14.07 15.18 16.37 18.04
Change - 3.46% 34.81% 18.57% 17.84% 7.86% 7.89% 10.15%
Nbr of stocks (in thousands) 1,00,979 97,270 94,119 83,945 79,606 78,637 78,637 78,637
Announcement Date 02/02/22 01/02/23 07/02/24 05/02/25 04/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 9.37x 8.68x
PBR 1.68x 1.49x
EV / Sales 2.32x 2.29x
Yield 0.8% 0.85%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
142.18USD
Average target price
172.10USD
Spread / Average Target
+21.04%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. GL Stock
  4. Financials Globe Life Inc.