ELEMENT SOLUTIONS INC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 23.85 USD | +0.72% |
|
+0.34% | +3.07% |
| Apr. 10 | BofA Securities Adjusts Price Target on Element Solutions to $30 From $28, Maintains Buy Rating | MT |
| Apr. 08 | UBS Raises Element Solutions' Price Target to $30 From $28, Maintains Buy Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,933 | 4,383 | 6,009 | 4,404 | 5,589 | 5,773 | - | - |
| Enterprise Value (EV) 1 | 4,264 | 5,607 | 7,586 | 6,033 | 7,249 | 7,305 | 7,324 | 7,295 |
| P/E ratio | 33.4 x | 59.1 x | 29.6 x | 23.9 x | 47.2 x | 29.9 x | 25.6 x | 21.5 x |
| Yield | - | 0.28% | 1.03% | 1.76% | - | 1.4% | 1.49% | 1.51% |
| Capitalization / Revenue | 1.6 x | 2.36 x | 2.5 x | 1.73 x | 2.4 x | 2.37 x | 2.25 x | 2.14 x |
| EV / Revenue | 2.32 x | 3.02 x | 3.16 x | 2.37 x | 3.11 x | 3 x | 2.86 x | 2.71 x |
| EV / EBITDA | 10.2 x | 13.3 x | 14.5 x | 11.5 x | 15 x | 13.9 x | 12.9 x | 11.7 x |
| EV / FCF | - | - | 27.1 x | 24.3 x | 25.7 x | 24.4 x | 22 x | 19.5 x |
| FCF Yield | - | - | 3.69% | 4.11% | 3.89% | 4.09% | 4.55% | 5.14% |
| Price to Book | 1.32 x | 1.89 x | 2.41 x | 1.88 x | 2.4 x | 2.27 x | 2.19 x | 2.08 x |
| Nbr of stocks (in thousands) | 251,099 | 247,213 | 247,503 | 242,086 | 241,516 | 242,064 | - | - |
| Reference price 2 | 11.68 | 17.73 | 24.28 | 18.19 | 23.14 | 23.85 | 23.85 | 23.85 |
| Announcement Date | 2/26/20 | 2/24/21 | 2/22/22 | 2/21/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,836 | 1,854 | 2,400 | 2,549 | 2,333 | 2,439 | 2,563 | 2,695 |
| EBITDA 1 | 416.7 | 422.6 | 524.9 | 526.6 | 482.3 | 525.5 | 568.4 | 623.9 |
| EBIT 1 | 262 | 380.4 | 485.2 | 485 | 315.6 | 482.6 | 528.3 | 573.6 |
| Operating Margin | 14.27% | 20.52% | 20.22% | 19.02% | 13.53% | 19.79% | 20.61% | 21.28% |
| Earnings before Tax (EBT) 1 | 140.9 | 81.1 | 251.7 | 272 | 129.1 | 286 | 327 | 350 |
| Net income 1 | 92.2 | 75.7 | 203.3 | 187.2 | 118.1 | 215.1 | 250.9 | 268 |
| Net margin | 5.02% | 4.08% | 8.47% | 7.34% | 5.06% | 8.82% | 9.79% | 9.94% |
| EPS 2 | 0.3500 | 0.3000 | 0.8200 | 0.7600 | 0.4900 | 0.7967 | 0.9300 | 1.110 |
| Free Cash Flow 1 | - | - | 279.7 | 248.1 | 282.3 | 299 | 333.4 | 374.8 |
| FCF margin | - | - | 11.66% | 9.73% | 12.1% | 12.26% | 13.01% | 13.91% |
| FCF Conversion (EBITDA) | - | - | 53.29% | 47.11% | 58.53% | 56.89% | 58.66% | 60.09% |
| FCF Conversion (Net income) | - | - | 137.58% | 132.53% | 239.03% | 139.01% | 132.9% | 139.87% |
| Dividend per Share 2 | - | 0.0500 | 0.2500 | 0.3200 | - | 0.3349 | 0.3552 | 0.3600 |
| Announcement Date | 2/26/20 | 2/24/21 | 2/22/22 | 2/21/23 | 2/20/24 | - | - | - |
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 | 616.2 | 646.9 | 680.2 | 676.9 | 618.5 | 573.8 | 574.4 | 586.1 | 599.3 | 573.4 | 588.4 | 608.9 | 633.8 | 610.9 | 614.2 |
| EBITDA 1 | 131.5 | 122.4 | 144.8 | 140.4 | 133.5 | 107.9 | 112.3 | 116.1 | 134.1 | 119.8 | 122.7 | 128.4 | 141 | 132.6 | 134.2 |
| EBIT 1 | 121.9 | 111.4 | 134.2 | 130.1 | 122.9 | 97.8 | 102.8 | 106 | 122.3 | 77.8 | 112.3 | 118.1 | 130.4 | 122.2 | 122.2 |
| Operating Margin | 19.78% | 17.22% | 19.73% | 19.22% | 19.87% | 17.04% | 17.9% | 18.09% | 20.41% | 13.57% | 19.08% | 19.39% | 20.57% | 20% | 19.9% |
| Earnings before Tax (EBT) | 53.2 | 37.9 | 76.4 | 87.5 | 69.8 | 38.3 | 59.9 | 48 | -16.4 | 37.6 | - | - | - | - | - |
| Net income 1 | 36 | 3.9 | 56.1 | 63.6 | 53.2 | 12.7 | 42.9 | 29.9 | -31.8 | 77.1 | 48.1 | 51.9 | 62.4 | 52.8 | 58.4 |
| Net margin | 5.84% | 0.6% | 8.25% | 9.4% | 8.6% | 2.21% | 7.47% | 5.1% | -5.31% | 13.45% | 8.18% | 8.52% | 9.84% | 8.64% | 9.51% |
| EPS 2 | 0.1500 | 0.0100 | 0.2300 | 0.2500 | 0.2200 | 0.0500 | 0.1800 | 0.1200 | -0.1300 | 0.3200 | 0.1600 | 0.1750 | 0.2300 | 0.1900 | 0.2400 |
| Dividend per Share 2 | 0.0600 | 0.0800 | 0.0800 | 0.0800 | 0.0800 | 0.0800 | 0.0800 | - | 0.0800 | - | 0.0800 | 0.0800 | 0.0800 | 0.0900 | - |
| Announcement Date | 10/27/21 | 2/22/22 | 4/27/22 | 7/27/22 | 10/26/22 | 2/21/23 | 4/26/23 | 7/26/23 | 10/25/23 | 2/20/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,331 | 1,224 | 1,577 | 1,630 | 1,661 | 1,532 | 1,551 | 1,522 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.194 x | 2.895 x | 3.004 x | 3.095 x | 3.443 x | 2.914 x | 2.729 x | 2.44 x |
| Free Cash Flow 1 | - | - | 280 | 248 | 282 | 299 | 333 | 375 |
| ROE (net income / shareholders' equity) | 10.5% | 10.6% | 14.4% | 14.5% | 13.4% | 14.4% | 14.8% | 15.5% |
| ROA (Net income/ Total Assets) | - | - | 7.21% | - | - | - | - | - |
| Assets 1 | - | - | 2,820 | - | - | - | - | - |
| Book Value Per Share 2 | 8.880 | 9.390 | 10.10 | 9.690 | 9.640 | 10.50 | 10.90 | 11.50 |
| Cash Flow per Share 2 | 0.6600 | 1.050 | 1.320 | 1.200 | 1.380 | 1.320 | 1.330 | - |
| Capex 1 | 29.7 | 28.8 | 46.3 | 47.8 | 52.7 | 60 | 55.7 | 58.7 |
| Capex / Sales | 1.62% | 1.55% | 1.93% | 1.87% | 2.26% | 2.46% | 2.17% | 2.18% |
| Announcement Date | 2/26/20 | 2/24/21 | 2/22/22 | 2/21/23 | 2/20/24 | - | - | - |
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+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
23.85
USD
Average target price
27.51
USD
Spread / Average Target
+15.35%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.07% | 5.77B | |
| +11.47% | 63.22B | |
| -3.47% | 46.34B | |
| +13.72% | 39.97B | |
| +17.83% | 25.46B | |
| +7.27% | 18.68B | |
| -0.57% | 17.24B | |
| -21.73% | 15.81B | |
| +0.22% | 14.9B | |
| -19.10% | 13.74B |
- Stock Market
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- Financials Element Solutions Inc
