Financials Belden Inc.

Equities

BDC

US0774541066

Communications & Networking

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
83.4 USD +0.62% Intraday chart for Belden Inc. +1.81% +7.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,500 1,869 2,951 3,078 3,220 3,391 - -
Enterprise Value (EV) 1 3,532 2,941 3,767 3,551 3,827 3,989 3,886 3,801
P/E ratio -5.87 x -34.1 x 46.6 x 12.6 x 13.6 x 17.6 x 13.8 x 11.9 x
Yield 0.36% 0.48% 0.3% 0.28% 0.26% 0.24% 0.24% 0.24%
Capitalization / Revenue 1.17 x 1 x 1.23 x 1.18 x 1.28 x 1.47 x 1.33 x 1.26 x
EV / Revenue 1.66 x 1.58 x 1.56 x 1.36 x 1.52 x 1.72 x 1.52 x 1.41 x
EV / EBITDA 10.1 x 11.8 x 10 x 8.01 x 8.74 x 10.2 x 8.39 x 7.57 x
EV / FCF 21.2 x 35.4 x 20.8 x 20.2 x 18.9 x 20.1 x 15.3 x 12.5 x
FCF Yield 4.72% 2.83% 4.81% 4.96% 5.3% 4.97% 6.54% 8%
Price to Book 2.42 x 2.5 x 3.08 x 2.8 x 2.84 x 2.49 x 2.07 x -
Nbr of stocks (in thousands) 45,458 44,610 44,898 42,806 41,682 40,664 - -
Reference price 2 55.00 41.90 65.73 71.90 77.25 83.40 83.40 83.40
Announcement Date 2/4/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,131 1,863 2,408 2,606 2,512 2,313 2,549 2,698
EBITDA 1 350.9 249.2 375.5 443.6 438.1 392.5 463.4 502.1
EBIT 1 309.5 140.6 329.6 396.9 386.7 346.9 410.1 461
Operating Margin 14.52% 7.55% 13.69% 15.23% 15.39% 15% 16.09% 17.08%
Earnings before Tax (EBT) 1 152.4 66.13 87.66 317.4 - 342 379 403
Net income 1 -395.5 -55.16 63.92 254.7 242.8 197.5 254.5 288
Net margin -18.55% -2.96% 2.65% 9.77% 9.66% 8.54% 9.99% 10.67%
EPS 2 -9.370 -1.230 1.410 5.720 5.660 4.735 6.065 7.010
Free Cash Flow 1 166.9 83.15 181.1 176.2 202.9 198.4 254 304
FCF margin 7.83% 4.46% 7.52% 6.76% 8.08% 8.58% 9.97% 11.27%
FCF Conversion (EBITDA) 47.56% 33.36% 48.22% 39.72% 46.32% 50.56% 54.81% 60.55%
FCF Conversion (Net income) - - 283.26% 69.19% 83.58% 100.47% 99.81% 105.56%
Dividend per Share 2 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
Announcement Date 2/4/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
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 1 630.8 638.9 610.4 666.6 670.5 659.1 641.8 692.2 626.8 551.2 513.7 566.5 605.3 624.7 605
EBITDA 1 100.7 101.3 99.49 111 118.1 115 111.5 123.2 115.2 88.27 77.11 95.07 111.6 113.3 106
EBIT 1 89.44 89.54 88.27 99.6 106.2 102.8 99.1 110.5 101.8 75.37 64.91 82.87 98.93 100.6 94
Operating Margin 14.18% 14.01% 14.46% 14.94% 15.85% 15.59% 15.44% 15.96% 16.23% 13.67% 12.64% 14.63% 16.34% 16.11% 15.54%
Earnings before Tax (EBT) 50.19 -51.68 53.92 71.73 - 71.95 - - - - - - - - -
Net income 1 41.26 -49.77 35.84 58.56 98.29 61.97 63.19 68.75 72.35 38.47 32 47 59 59 54
Net margin 6.54% -7.79% 5.87% 8.79% 14.66% 9.4% 9.85% 9.93% 11.54% 6.98% 6.23% 8.3% 9.75% 9.44% 8.93%
EPS 2 0.9100 -1.110 0.7900 1.310 2.230 1.420 1.450 1.600 1.700 0.9100 0.7500 1.100 1.400 1.400 1.260
Dividend per Share 2 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500 0.0500
Announcement Date 11/3/21 2/9/22 5/4/22 8/3/22 11/2/22 2/8/23 5/3/23 8/3/23 11/2/23 2/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,032 1,072 816 474 607 598 495 410
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.941 x 4.3 x 2.173 x 1.068 x 1.386 x 1.523 x 1.068 x 0.816 x
Free Cash Flow 1 167 83.1 181 176 203 198 254 304
ROE (net income / shareholders' equity) 16.3% 14.4% 25.4% 27.2% 25.4% 19.6% 18.9% -
ROA (Net income/ Total Assets) 5.33% 3.77% - - - - - -
Assets 1 -7,418 -1,462 - - - - - -
Book Value Per Share 2 22.70 16.80 21.30 25.70 27.20 33.50 40.30 -
Cash Flow per Share 6.530 - - - - - - -
Capex 1 110 90.2 91 105 117 105 110 111
Capex / Sales 5.16% 4.84% 3.78% 4.03% 4.65% 4.54% 4.33% 4.11%
Announcement Date 2/4/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
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
BUY
Number of Analysts
5
Last Close Price
83.4 USD
Average target price
98.52 USD
Spread / Average Target
+18.13%
Consensus
  1. Stock Market
  2. Equities
  3. BDC Stock
  4. Financials Belden Inc.