Projected Income Statement: Smurfit Westrock Plc

Forecast Balance Sheet: Smurfit Westrock Plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 3,299 3,210 3,056 12,740 14,906 12,874 12,240 11,375
Change - -2.7% -4.8% 316.88% 17% -13.63% -4.92% -7.07%
Announcement Date 09/02/22 08/02/23 07/02/24 12/02/25 11/02/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Smurfit Westrock Plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 792.5 1,041 1,136 1,466 2,192 2,463 2,559 2,604
Change - 31.31% 9.18% 29.02% 49.52% 12.38% 3.88% 1.76%
Free Cash Flow (FCF) 1 520.4 584.7 675.7 429 1,501 1,372 1,751 2,164
Change - 12.37% 15.56% -36.51% 249.88% -8.57% 27.61% 23.58%
Announcement Date 09/02/22 08/02/23 07/02/24 12/02/25 11/02/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Smurfit Westrock Plc

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

Profitability

        
EBITDA Margin (%) 16.84% 18.38% 18.45% 16.04% 15.84% 16% 17% 17.47%
EBIT Margin (%) 10.62% 12.97% 12.45% 6.64% 5.51% 7.58% 8.94% 9.41%
EBT Margin (%) 9.03% 10.09% 9.36% 2.65% 3.08% 5.27% 6.74% 7.32%
Net margin (%) 6.72% 7.37% 6.72% 1.51% 2.24% 3.68% 4.9% 5.34%
FCF margin (%) 4.5% 4.25% 5.57% 2.03% 4.81% 4.3% 5.28% 6.37%
FCF / Net Income (%) 67.01% 57.73% 82.85% 134.48% 214.74% 116.9% 107.72% 119.34%

Profitability

        
ROA 6.17% 7.81% 6.04% 2.55% 2.47% 3.24% 4.02% 3.97%
ROE 16.66% 20.08% 14.32% 6.26% 6.15% 6.5% 8.45% 9.49%

Financial Health

        
Leverage (Debt/EBITDA) 1.7x 1.27x 1.37x 3.76x 3.02x 2.52x 2.17x 1.92x
Debt / Free cash flow 6.34x 5.49x 4.52x 29.7x 9.93x 9.38x 6.99x 5.26x

Capital Intensity

        
CAPEX / Current Assets (%) 6.86% 7.57% 9.37% 6.94% 7.03% 7.72% 7.71% 7.67%
CAPEX / EBITDA (%) 40.72% 41.19% 50.77% 43.3% 44.38% 48.22% 45.35% 43.91%
CAPEX / FCF (%) 152.31% 177.98% 168.15% 341.72% 146.04% 179.51% 146.12% 120.32%

Items per share

        
Cash flow per share 1 - - - 3.812 6.454 6.711 7.818 9.33
Change - - - - 69.3% 3.98% 16.5% 19.34%
Dividend per Share 1 - - - 0.605 - 1.862 1.86 1.964
Change - - - - - - -0.1% 5.57%
Book Value Per Share 1 - - - 33.36 35.09 35.68 36.99 39.27
Change - - - - 5.19% 1.7% 3.67% 6.17%
EPS 1 - - - 0.82 1.33 2.213 3.164 3.576
Change - - - - 62.2% 66.39% 42.99% 13%
Nbr of stocks (in thousands) - - - 5,18,199 5,20,740 5,23,758 5,23,758 5,23,758
Announcement Date - - - 12/02/25 11/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 18.8x 13.1x
PBR 1.16x 1.12x
EV / Sales 1.08x 1.02x
Yield 4.48% 4.48%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
41.55USD
Average target price
53.68USD
Spread / Average Target
+29.19%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. SW Stock
  4. Financials Smurfit Westrock Plc