Financials Barnes Group Inc.

Equities

B

US0678061096

Industrial Machinery & Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-05-17 pm EDT			5-day change	1st Jan Change
40.95 ^USD	+0.84%		+6.25%	+25.50%

May. 03	Barnes Group Keeps Quarterly Dividend at $0.16 per Share, Payable June 10 to Shareholders of Record as of May 29	MT
May. 03	Barnes Group Inc. Declares Quarterly Cash Dividend, Payable June 10, 2024	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	3,142	2,566	2,359	2,066	1,654	2,076	-	-
Enterprise Value (EV) ¹	3,883	3,191	2,860	2,560	2,855	3,158	3,060	2,076
P/E ratio	20.2 x	40.9 x	23.8 x	157 x	105 x	29.7 x	19.5 x	15.5 x
Yield	1.03%	1.26%	1.37%	1.57%	1.96%	1.59%	1.59%	-
Capitalization / Revenue	2.11 x	2.28 x	1.87 x	1.64 x	1.14 x	1.26 x	1.21 x	1.12 x
EV / Revenue	2.6 x	2.84 x	2.27 x	2.03 x	1.97 x	1.91 x	1.78 x	1.12 x
EV / EBITDA	11.3 x	13.8 x	11.8 x	10.8 x	10.1 x	9.4 x	8.19 x	-
EV / FCF	19.9 x	18.3 x	21.4 x	63.2 x	50.4 x	39.8 x	22.8 x	-
FCF Yield	5.02%	5.48%	4.68%	1.58%	1.99%	2.51%	4.38%	-
Price to Book	2.51 x	1.86 x	1.65 x	1.55 x	1.22 x	1.54 x	-	-
Nbr of stocks (in thousands)	50,714	50,617	50,627	50,569	50,675	50,702	-	-
Reference price ²	61.96	50.69	46.59	40.85	32.63	40.95	40.95	40.95
Announcement Date	2/21/20	2/19/21	2/18/22	2/17/23	2/16/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,491	1,124	1,259	1,262	1,451	1,650	1,719	1,848
EBITDA ¹	343.2	231.6	242.1	238.1	283.1	335.9	373.5	-
EBIT ¹	244.1	144	151	145.9	167.3	211.5	233.8	263.7
Operating Margin	16.37%	12.81%	11.99%	11.56%	11.53%	12.82%	13.6%	14.27%
Earnings before Tax (EBT) ¹	206.8	101.5	127.8	38.18	33.26	95.69	154	188.7
Net income ¹	158.4	63.38	99.87	13.48	16	62.82	108.8	135.8
Net margin	10.62%	5.64%	7.93%	1.07%	1.1%	3.81%	6.33%	7.35%
EPS ²	3.070	1.240	1.960	0.2600	0.3100	1.377	2.105	2.640
Free Cash Flow ¹	195	174.8	133.7	40.48	56.68	79.35	134	-
FCF margin	13.08%	15.54%	10.62%	3.21%	3.91%	4.81%	7.8%	-
FCF Conversion (EBITDA)	56.83%	75.44%	55.23%	17%	20.02%	23.62%	35.88%	-
FCF Conversion (Net income)	123.15%	275.76%	133.86%	300.3%	354.31%	126.3%	123.19%	-
Dividend per Share ²	0.6400	0.6400	0.6400	0.6400	0.6400	0.6500	0.6500	-
Announcement Date	2/21/20	2/19/21	2/18/22	2/17/23	2/16/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	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	2025 Q2
Net sales ¹	311	312.4	321.3	314.7	313.5	335.4	339	361	415.5	430.6	395.9	403.3	420.4	407.4	410.9
EBITDA ¹	58.52	54.07	62.69	63.21	58.09	61.21	66.33	68.02	84.3	83.77	80.94	78.82	84.28	-	-
EBIT ¹	35.44	31.77	40.13	39.05	34.96	37.16	43.46	39.02	47.68	51.07	50.93	53.1	56.07	53	56
Operating Margin	11.39%	10.17%	12.49%	12.41%	11.15%	11.08%	12.82%	10.81%	11.47%	11.86%	12.87%	13.16%	13.34%	13.01%	13.63%
Earnings before Tax (EBT) ¹	29.58	25.92	-31.11	24.26	19.12	16.64	22.39	-11.93	6.166	13.16	28.77	28.41	31.89	33.8	37
Net income ¹	28.14	20.48	-39.55	16.98	15.57	13.16	17.35	-21.73	7.216	1.947	17.42	19.69	23.43	23.3	25.5
Net margin	9.05%	6.56%	-12.31%	5.39%	4.97%	3.92%	5.12%	-6.02%	1.74%	0.45%	4.4%	4.88%	5.57%	5.72%	6.21%
EPS ²	0.5500	0.4000	-0.7800	0.3300	0.3000	0.2600	0.3400	-0.4300	0.1400	0.0400	0.3467	0.3967	0.4567	0.4750	0.4900
Dividend per Share ²	0.1600	0.1600	0.1600	0.1600	0.1600	0.1600	0.1600	0.1600	0.1600	-	0.1650	0.1650	0.1650	-	-
Announcement Date	2/18/22	4/29/22	7/29/22	10/28/22	2/17/23	4/27/23	7/28/23	10/27/23	2/16/24	4/26/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	741	625	501	494	1,201	1,082	983	-
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.159 x	2.699 x	2.069 x	2.076 x	4.242 x	3.221 x	2.633 x	-
Free Cash Flow ¹	195	175	134	40.5	56.7	79.3	134	-
ROE (net income / shareholders' equity)	13.3%	8.58%	7.1%	7.29%	6.24%	6.2%	-	-
ROA (Net income/ Total Assets)	5.91%	-	-	-	-	-	-	-
Assets ¹	2,679	-	-	-	-	-	-	-
Book Value Per Share ²	24.70	27.30	28.20	26.40	26.70	26.60	-	-
Cash Flow per Share ²	4.810	4.220	3.290	1.480	2.200	2.780	3.160	-
Capex ¹	53.3	40.7	34.1	35.1	55.7	64.4	66	70
Capex / Sales	3.57%	3.62%	2.71%	2.78%	3.84%	3.9%	3.84%	3.79%
Announcement Date	2/21/20	2/19/21	2/18/22	2/17/23	2/16/24	-	-	-

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

Ratings for Barnes Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

40.95 USD

Average target price

40.67 USD

Spread / Average Target

-0.69%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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