Financials SharkNinja, Inc.

Equities

SN

KYG8068L1086

Appliances, Tools & Housewares

Market Closed - Nyse Other stock markets 04:00:02 2024-05-08 pm EDT			5-day change	1st Jan Change
67.03 ^USD	+0.15%		+4.54%	+30.99%

Apr. 25	Goldman Sachs Adjusts SharkNinja Price Target to $74 From $59, Maintains Buy Rating	MT
Apr. 15	UBS Starts SharkNinja With Buy Rating, $76 Price Target	MT

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	7,115	9,323	-	-
Enterprise Value (EV) ¹	7,824	9,702	9,486	8,809
P/E ratio	42.6 x	22.6 x	18.3 x	15.7 x
Yield	2.11%	-	-	1.04%
Capitalization / Revenue	1.67 x	2.03 x	1.89 x	1.75 x
EV / Revenue	1.84 x	2.12 x	1.93 x	1.65 x
EV / EBITDA	10.9 x	11.8 x	10.6 x	8.98 x
EV / FCF	49.6 x	30.4 x	19.4 x	15.4 x
FCF Yield	2.02%	3.28%	5.15%	6.5%
Price to Book	4.81 x	5.02 x	4 x	3.03 x
Nbr of stocks (in thousands)	139,053	139,083	-	-
Reference price ²	51.17	67.03	67.03	67.03
Announcement Date	2/15/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	4,254	4,582	4,924	5,323
EBITDA ¹	-	719.7	824.7	894.8	980.5
EBIT ¹	-	638.3	733.7	800.9	867.2
Operating Margin	-	15.01%	16.01%	16.27%	16.29%
Earnings before Tax (EBT) ¹	-	293.2	511.1	635.4	795.2
Net income ¹	232.4	167.1	407.4	495	608.7
Net margin	-	3.93%	8.89%	10.05%	11.43%
EPS ²	4,647	1.200	2.970	3.664	4.266
Free Cash Flow ¹	-	157.9	318.7	488.1	572.8
FCF margin	-	3.71%	6.96%	9.91%	10.76%
FCF Conversion (EBITDA)	-	21.93%	38.64%	54.55%	58.42%
FCF Conversion (Net income)	-	94.48%	78.22%	98.6%	94.11%
Dividend per Share ²	-	1.080	-	-	0.6959
Announcement Date	6/28/23	2/15/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1
Net sales ¹	-	1,057	1,377	949.9	1,012	1,138	1,476	1,030
EBITDA ¹	-	208.7	219.3	206.1	141.4	226.6	241.3	229.4
EBIT ¹	-	190.1	200.2	182.9	115.3	205.5	224.5	204
Operating Margin	-	17.97%	14.53%	19.26%	11.4%	18.05%	15.21%	19.81%
Earnings before Tax (EBT) ¹	-	-	90.26	138.4	64.74	161	155.7	139
Net income ¹	11.94	18.72	49.32	110.4	54.49	127.2	125.7	109.8
Net margin	-	1.77%	3.58%	11.63%	5.39%	11.18%	8.52%	10.66%
EPS ²	0.0900	0.1300	0.3500	0.7893	0.3889	0.9044	0.8903	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	8/24/23	11/9/23	2/15/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	709	379	163	-
Net Cash position ¹	-	-	-	-	514
Leverage (Debt/EBITDA)	-	0.9846 x	0.4596 x	0.1824 x	-
Free Cash Flow ¹	-	158	319	488	573
ROE (net income / shareholders' equity)	-	10.1%	29.1%	26.1%	22.8%
ROA (Net income/ Total Assets)	-	-	13.6%	13.5%	-
Assets ¹	-	-	2,997	3,654	-
Book Value Per Share ²	-	10.60	13.40	16.80	22.10
Cash Flow per Share ²	-	-	3.880	3.280	-
Capex ¹	-	123	135	145	152
Capex / Sales	-	2.89%	2.95%	2.94%	2.85%
Announcement Date	6/28/23	2/15/24	-	-	-

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 SharkNinja, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

67.03 USD

Average target price

71.45 USD

Spread / Average Target

+6.59%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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