FORTREA HOLDINGS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.7 USD | -0.52% |
|
-10.54% | -29.23% |
Valuation
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 3,099 | 2,219 | - | - |
| Enterprise Value (EV) 1 | 4,583 | 3,793 | 3,660 | 3,511 |
| P/E ratio | -873 x | -23.6 x | 40.8 x | 19 x |
| Yield | - | - | - | - |
| Capitalization / Revenue | 1 x | 0.79 x | 0.76 x | 0.72 x |
| EV / Revenue | 1.47 x | 1.35 x | 1.25 x | 1.14 x |
| EV / EBITDA | 17.1 x | 16 x | 10.6 x | 9.01 x |
| EV / FCF | 36.1 x | 49.3 x | 22 x | 15.9 x |
| FCF Yield | 2.77% | 2.03% | 4.55% | 6.3% |
| Price to Book | 1.78 x | 1.27 x | 1.15 x | 1.05 x |
| Nbr of stocks (in thousands) | 88,800 | 89,374 | - | - |
| Reference price 2 | 34.90 | 24.70 | 24.70 | 24.70 |
| Announcement Date | 3/11/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | - | 3,109 | 2,801 | 2,927 | 3,092 |
| EBITDA 1 | - | 267.3 | 236.8 | 346.8 | 389.5 |
| EBIT 1 | - | 170.9 | 185.6 | 313.9 | 350.3 |
| Operating Margin | - | 5.5% | 6.62% | 10.72% | 11.33% |
| Earnings before Tax (EBT) 1 | 237 | 1.1 | -174 | -42.53 | 45.08 |
| Net income 1 | 192.9 | -3.4 | -122.6 | 42.22 | 76.7 |
| Net margin | - | -0.11% | -4.38% | 1.44% | 2.48% |
| EPS 2 | - | -0.0400 | -1.045 | 0.6050 | 1.297 |
| Free Cash Flow 1 | - | 127.1 | 76.93 | 166.5 | 221.2 |
| FCF margin | - | 4.09% | 2.75% | 5.69% | 7.15% |
| FCF Conversion (EBITDA) | - | 47.55% | 32.49% | 48% | 56.79% |
| FCF Conversion (Net income) | - | - | - | 394.24% | 288.4% |
| Dividend per Share 2 | - | - | - | - | - |
| Announcement Date | 5/15/23 | 3/11/24 | - | - | - |
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 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 793 | 776.4 | 775.4 | 662.1 | 688.4 | 715.3 | 732.4 | 703.8 | 723.4 |
| EBITDA 1 | 72.5 | 70.5 | 67.2 | 29.5 | 51.4 | 70.16 | 86.72 | 62.71 | 81.54 |
| EBIT 1 | 63 | 45.9 | 43.3 | 7.6 | 37.83 | 55.23 | 78.66 | 54.13 | 81.41 |
| Operating Margin | 7.94% | 5.91% | 5.58% | 1.15% | 5.5% | 7.72% | 10.74% | 7.69% | 11.25% |
| Earnings before Tax (EBT) | - | - | -41 | -77.5 | - | - | - | - | - |
| Net income 1 | 28.3 | -13.1 | -36 | -102.8 | -34.92 | -12.33 | -4.827 | -11.85 | 4.4 |
| Net margin | 3.57% | -1.69% | -4.64% | -15.53% | -5.07% | -1.72% | -0.66% | -1.68% | 0.61% |
| EPS 2 | 0.3200 | -0.1500 | -0.4100 | -1.150 | -0.2533 | 0.0100 | 0.1200 | -0.0300 | 0.0950 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/14/23 | 11/13/23 | 3/11/24 | 5/13/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | 1,483 | 1,574 | 1,441 | 1,292 |
| Net Cash position 1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 5.55 x | 6.647 x | 4.155 x | 3.318 x |
| Free Cash Flow 1 | - | 127 | 76.9 | 166 | 221 |
| ROE (net income / shareholders' equity) | - | 4.9% | 3.86% | 7.71% | 7.99% |
| ROA (Net income/ Total Assets) | - | 2.88% | 0.9% | 2.11% | 3.52% |
| Assets 1 | - | -118 | -13,673 | 2,001 | 2,178 |
| Book Value Per Share 2 | - | 19.60 | 19.50 | 21.40 | 23.50 |
| Cash Flow per Share 2 | - | 1.970 | 0.2200 | 2.430 | 2.230 |
| Capex 1 | - | 40.3 | 51.9 | 46.2 | 56.9 |
| Capex / Sales | - | 1.3% | 1.85% | 1.58% | 1.84% |
| Announcement Date | 5/15/23 | 3/11/24 | - | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
24.83
USD
Average target price
31.8
USD
Spread / Average Target
+28.07%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -29.23% | 2.22B | |
| +46.03% | 56.61B | |
| -7.53% | 39.62B | |
| +36.02% | 39.25B | |
| -9.38% | 28.28B | |
| +12.31% | 26.44B | |
| -16.38% | 20.12B | |
| +30.79% | 12.51B | |
| +28.57% | 12.48B | |
| -0.36% | 12.2B |
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