Projected Income Statement: HSBC Holdings plc

Forecast Balance Sheet: HSBC Holdings plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 22/02/22 21/02/23 21/02/24 19/02/25 25/02/26 - - -
Estimates

Cash Flow Forecast: HSBC Holdings plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 1,446 1,086 1,285 1,145 1,344 1,447
Change - -24.9% 18.32% -10.89% 17.38% 7.66%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 23/02/21 22/02/22 21/02/23 21/02/24 19/02/25 25/02/26
1USD in Million
Estimates

Forecast Financial Ratios: HSBC Holdings plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 30.13% 35.57% 51.45% 49.82% 48.71% 49.92% 51.1% 51.52%
EBT Margin (%) - 38.15% 33.89% 45.94% 49.06% 42.11% 48.87% 51.25% 52.16%
Net margin (%) - 25.44% 28.65% 33.96% 34.8% 29.71% 36.49% 38.48% 39.5%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 0.5% 0.5% 0.75% 0.76% 0.68% 0.82% 0.85% 0.89%
ROE - 7.1% 8.7% 13.6% 13.6% 12.3% 15.14% 15.78% 15.97%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

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

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 0.25 0.32 0.61 0.87 0.75 0.8171 0.8776 0.9555
Change - - 28% 90.62% 42.62% -13.79% 8.95% 7.41% 8.88%
Book Value Per Share 1 - 8.76 8.5 9.515 10.08 11.37 10.7 11.43 12.28
Change - - -2.97% 11.94% 5.9% 12.88% -5.91% 6.84% 7.42%
EPS 1 - 0.62 0.74 1.14 1.24 1.2 1.563 1.739 1.889
Change - - 19.35% 54.05% 8.77% -3.23% 30.26% 11.25% 8.62%
Nbr of stocks (in thousands) - 2,01,14,611 1,97,35,210 1,89,86,604 1,76,62,246 1,71,46,495 1,71,39,886 1,71,39,886 1,71,39,886
Announcement Date - 22/02/22 21/02/23 21/02/24 19/02/25 25/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 10x 8.99x
PBR 1.46x 1.37x
EV / Sales 3.66x 3.56x
Yield 5.23% 5.62%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
15.63USD
Average target price
17.25USD
Spread / Average Target
+10.40%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. HSBA Stock
  4. Financials HSBC Holdings plc
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