XEROX HOLDINGS CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14 USD | -1.27% |
|
-14.84% | -23.62% |
| Apr. 24 | JPMorgan Trims Price Target on Xerox to $17 From $18, Keeps Underweight Rating | MT |
| Apr. 23 | Tech Advances on Magnificent Seven Revival -- Tech Roundup | DJ |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,971 | 4,601 | 4,042 | 2,272 | 2,253 | 1,739 | - | - |
| Enterprise Value (EV) 1 | 9,513 | 6,420 | 6,448 | 4,953 | 5,011 | 4,110 | 3,836 | 3,949 |
| P/E ratio | 13.3 x | 27.6 x | -8.84 x | -6.79 x | -204 x | 6.42 x | 4.22 x | 3.37 x |
| Yield | 2.71% | 4.31% | 4.42% | 6.85% | 5.46% | 7.26% | 7.14% | 7.14% |
| Capitalization / Revenue | 0.88 x | 0.66 x | 0.57 x | 0.32 x | 0.33 x | 0.27 x | 0.27 x | 0.28 x |
| EV / Revenue | 1.05 x | 0.91 x | 0.92 x | 0.7 x | 0.73 x | 0.63 x | 0.6 x | 0.63 x |
| EV / EBITDA | 6.03 x | 8.27 x | 9.97 x | 9.85 x | 8.39 x | 6.83 x | 6.03 x | 6.1 x |
| EV / FCF | 7.5 x | 13.5 x | 11.5 x | 48.6 x | 7.72 x | 6.7 x | 5.83 x | 4.61 x |
| FCF Yield | 13.3% | 7.38% | 8.7% | 2.06% | 13% | 14.9% | 17.2% | 21.7% |
| Price to Book | 1.46 x | 0.82 x | 0.81 x | 0.68 x | 0.89 x | 0.72 x | 0.74 x | 0.76 x |
| Nbr of stocks (in thousands) | 216,188 | 198,385 | 178,512 | 155,603 | 122,906 | 124,185 | - | - |
| Reference price 2 | 36.87 | 23.19 | 22.64 | 14.60 | 18.33 | 14.00 | 14.00 | 14.00 |
| Announcement Date | 1/28/20 | 1/26/21 | 1/25/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,066 | 7,022 | 7,038 | 7,107 | 6,886 | 6,517 | 6,424 | 6,264 |
| EBITDA 1 | 1,577 | 776 | 647 | 503 | 597 | 601.7 | 635.9 | 647.5 |
| EBIT 1 | 1,192 | 464 | 375 | 275 | 389 | 405.6 | 456.8 | 499.7 |
| Operating Margin | 13.15% | 6.61% | 5.33% | 3.87% | 5.65% | 6.22% | 7.11% | 7.98% |
| Earnings before Tax (EBT) 1 | 822 | 252 | -475 | -328 | -28 | 210.5 | 386 | 516.5 |
| Net income 1 | 648 | 192 | -455 | -322 | -13 | 268 | 410 | 514 |
| Net margin | 7.15% | 2.73% | -6.46% | -4.53% | -0.19% | 4.11% | 6.38% | 8.21% |
| EPS 2 | 2.780 | 0.8400 | -2.560 | -2.150 | -0.0900 | 2.180 | 3.320 | 4.160 |
| Free Cash Flow 1 | 1,268 | 474 | 561 | 102 | 649 | 613.7 | 658.3 | 856.5 |
| FCF margin | 13.99% | 6.75% | 7.97% | 1.44% | 9.42% | 9.42% | 10.25% | 13.67% |
| FCF Conversion (EBITDA) | 80.41% | 61.08% | 86.71% | 20.28% | 108.71% | 101.98% | 103.53% | 132.28% |
| FCF Conversion (Net income) | 195.68% | 246.88% | - | - | - | 228.98% | 160.57% | 166.63% |
| Dividend per Share 2 | 1.000 | 1.000 | 1.000 | 1.000 | 1.000 | 1.017 | 1.000 | 1.000 |
| Announcement Date | 1/28/20 | 1/26/21 | 1/25/22 | 1/26/23 | 1/25/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,758 | 1,777 | 1,668 | 1,747 | 1,751 | 1,941 | 1,715 | 1,754 | 1,652 | 1,765 | 1,502 | 1,681 | 1,610 | 1,766 |
| EBITDA 1 | 140 | 151 | 58 | - | - | 232 | 138 | 159 | 119 | 148 | 82 | - | - | - |
| EBIT 1 | 74 | 86 | -3 | 35 | 65 | 178 | 118 | 107 | 68 | 96 | 33 | - | - | - |
| Operating Margin | 4.21% | 4.84% | -0.18% | 2% | 3.71% | 9.17% | 6.88% | 6.1% | 4.12% | 5.44% | 2.2% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | -5 | - | - | - | -89 | 63 | -88 | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.4800 | -3.970 | - | - | - | - | - | -0.4100 | - | -0.5000 | - | - | - | - |
| Dividend per Share 2 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 | 0.2500 |
| Announcement Date | 10/26/21 | 1/25/22 | 4/21/22 | 7/26/22 | 10/25/22 | 1/26/23 | 4/25/23 | 7/25/23 | 10/24/23 | 1/25/24 | 4/23/24 | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,542 | 1,819 | 2,406 | 2,681 | 2,758 | 2,372 | 2,097 | 2,210 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.9778 x | 2.344 x | 3.719 x | 5.33 x | 4.62 x | 3.942 x | 3.299 x | 3.413 x |
| Free Cash Flow 1 | 1,268 | 474 | 561 | 102 | 649 | 614 | 658 | 857 |
| ROE (net income / shareholders' equity) | 15.6% | 5.59% | 5.84% | 4.86% | 9.76% | 10.3% | 12.8% | 14.6% |
| ROA (Net income/ Total Assets) | 5.53% | 2.1% | 2.1% | -2.6% | 2.66% | 2.67% | 3.67% | 4.8% |
| Assets 1 | 11,712 | 9,136 | -21,713 | 12,383 | -488.4 | 10,028 | 11,175 | 10,708 |
| Book Value Per Share 2 | 25.20 | 28.20 | 27.80 | 21.50 | 20.60 | 19.30 | 18.90 | 18.50 |
| Cash Flow per Share 2 | 6.010 | 2.600 | - | 1.020 | 5.570 | 5.840 | 7.240 | 7.720 |
| Capex 1 | 65 | 74 | 68 | 57 | 37 | 80.3 | 81.7 | 100 |
| Capex / Sales | 0.72% | 1.05% | 0.97% | 0.8% | 0.54% | 1.23% | 1.27% | 1.6% |
| Announcement Date | 1/28/20 | 1/26/21 | 1/25/22 | 1/26/23 | 1/25/24 | - | - | - |
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
UNDERPERFORM
Number of Analysts
6
Last Close Price
14
USD
Average target price
16.2
USD
Spread / Average Target
+15.71%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -23.62% | 1.74B | |
| +9.04% | 604M | |
| +15.90% | 361M | |
| +10.70% | 227M | |
| +9.38% | 64.34M | |
| -6.69% | 60.4M |
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