Financials Bruker Corporation

Equities

BRKR

US1167941087

Advanced Medical Equipment & Technology

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
80.97 USD +0.47% Intraday chart for Bruker Corporation +4.13% +10.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,849 8,288 12,725 10,053 10,170 11,768 - -
Enterprise Value (EV) 1 7,977 8,400 12,991 10,627 10,964 12,252 12,196 11,902
P/E ratio 40.5 x 53.1 x 46.4 x 34.3 x 25.3 x 34.2 x 25.9 x -
Yield 0.31% 0.3% 0.19% 0.29% 0.27% 0.25% 0.25% 0.25%
Capitalization / Revenue 3.79 x 4.17 x 5.26 x 3.97 x 3.43 x 3.61 x 3.39 x 3.19 x
EV / Revenue 3.85 x 4.23 x 5.37 x 4.2 x 3.7 x 3.75 x 3.51 x 3.23 x
EV / EBITDA 19.9 x 23.2 x 24.9 x 19.1 x 17.9 x 18.9 x 15.6 x 13.5 x
EV / FCF 56.8 x 35.7 x 68.2 x 73.2 x 45.1 x 26.1 x 23.2 x -
FCF Yield 1.76% 2.8% 1.47% 1.37% 2.22% 3.84% 4.31% -
Price to Book 8.57 x 8.58 x 12 x 9 x - 6.38 x 4.85 x -
Nbr of stocks (in thousands) 153,992 153,108 151,655 147,083 138,411 145,335 - -
Reference price 2 50.97 54.13 83.91 68.35 73.48 80.97 80.97 80.97
Announcement Date 3/27/20 2/16/21 2/11/22 2/9/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,073 1,988 2,418 2,531 2,964 3,263 3,475 3,687
EBITDA 1 401.3 361.9 521.9 556.5 614.1 649 781.1 881.6
EBIT 1 364 317.2 470.2 505.6 546.3 570.1 694.6 777.3
Operating Margin 17.56% 15.96% 19.45% 19.98% 18.43% 17.47% 19.99% 21.08%
Earnings before Tax (EBT) - - - - - - - -
Net income 1 197.2 157.8 277.1 296.6 427.2 338.4 447.7 -
Net margin 9.51% 7.94% 11.46% 11.72% 14.41% 10.37% 12.88% -
EPS 2 1.260 1.020 1.810 1.990 2.900 2.370 3.130 -
Free Cash Flow 1 140.4 235 190.4 145.2 243.2 470 525.6 -
FCF margin 6.77% 11.82% 7.87% 5.74% 8.2% 14.4% 15.13% -
FCF Conversion (EBITDA) 34.99% 64.94% 36.48% 26.09% 39.6% 72.42% 67.3% -
FCF Conversion (Net income) 71.2% 148.92% 68.71% 48.95% 56.93% 138.89% 117.42% -
Dividend per Share 2 0.1600 0.1600 0.1600 0.2000 0.2000 0.2004 0.2004 0.2003
Announcement Date 3/27/20 2/16/21 2/11/22 2/9/23 2/13/24 - - -
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 1 608.9 683.5 595 588.4 638.9 708.4 685.3 681.9 742.8 854.5 728.7 762 831.9 940.5 781.6
EBITDA 1 138.4 156.6 128.2 110 155.3 163 153.8 118.8 163.4 178.1 124 134.4 175.5 217.7 148.9
EBIT 1 125.4 143.8 115.8 97.7 143.2 148.9 139.4 104.1 148.3 154.5 99.02 121.1 155.9 196 131.7
Operating Margin 20.59% 21.04% 19.46% 16.6% 22.41% 21.02% 20.34% 15.27% 19.96% 18.08% 13.59% 15.89% 18.74% 20.84% 16.85%
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 87.1 75.7 61.6 49.5 88.1 97.4 76.5 57.1 88.1 205.5 49.1 62.3 102.3 124.7 -
Net margin 14.3% 11.08% 10.35% 8.41% 13.79% 13.75% 11.16% 8.37% 11.86% 24.05% 6.74% 8.18% 12.3% 13.26% -
EPS 2 0.5700 0.5000 0.4100 0.3300 0.5900 0.6600 0.5200 0.3900 0.6000 1.410 0.3600 0.4800 0.6850 0.8500 -
Dividend per Share 2 0.0400 0.0400 - - - 0.0500 0.0500 - - 0.0500 0.0501 0.0502 0.0503 0.0505 -
Announcement Date 11/1/21 2/11/22 5/4/22 8/3/22 11/3/22 2/9/23 5/4/23 8/3/23 11/2/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 128 113 266 574 793 484 428 134
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.32 x 0.3114 x 0.5097 x 1.031 x 1.292 x 0.7463 x 0.5478 x 0.1521 x
Free Cash Flow 1 140 235 190 145 243 470 526 -
ROE (net income / shareholders' equity) 27% 22% 31.6% 31.9% 30.1% 25.4% 25.9% 25.3%
ROA (Net income/ Total Assets) 10% 7.16% 9.58% 9.61% 9.67% 9.59% 10.9% -
Assets 1 1,963 2,205 2,892 3,087 4,416 3,527 4,112 -
Book Value Per Share 2 5.950 6.310 7.000 7.590 - 12.70 16.70 -
Cash Flow per Share 2 1.360 2.160 1.850 1.840 2.380 3.640 3.620 -
Capex 1 73 98.2 92 129 107 128 106 -
Capex / Sales 3.52% 4.94% 3.8% 5.11% 3.61% 3.92% 3.04% -
Announcement Date 3/27/20 2/16/21 2/11/22 2/9/23 2/13/24 - - -
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
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
80.97 USD
Average target price
89.4 USD
Spread / Average Target
+10.41%
Consensus
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