Financials ABM Industries Incorporated

Equities

ABM

US0009571003

Business Support Services

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
44.04 USD -0.65% Intraday chart for ABM Industries Incorporated -0.63% -1.76%

Valuation

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,422 2,315 2,959 2,944 2,578 2,787 - -
Enterprise Value (EV) 1 3,164 2,641 3,781 4,139 3,820 3,940 3,806 3,664
P/E ratio 19.2 x - 23.7 x 13.1 x 10.4 x 15.2 x 13.3 x 11.8 x
Yield 1.97% 2.13% 1.73% 1.75% 2.24% 2.04% 2.09% 2.04%
Capitalization / Revenue 0.37 x 0.39 x 0.48 x 0.38 x 0.32 x 0.34 x 0.33 x 0.32 x
EV / Revenue 0.49 x 0.44 x 0.61 x 0.53 x 0.47 x 0.48 x 0.46 x 0.42 x
EV / EBITDA 9.32 x 7.3 x 8.31 x 8.31 x 7.22 x 8.05 x 7.54 x 6.85 x
EV / FCF 15.6 x 6.3 x 13.5 x -136 x 20 x 18.1 x 13.4 x -
FCF Yield 6.42% 15.9% 7.41% -0.73% 4.99% 5.54% 7.48% -
Price to Book 1.58 x 1.55 x 1.86 x 1.7 x - 1.48 x 1.38 x 1.26 x
Nbr of stocks (in thousands) 66,416 66,687 67,241 66,152 65,532 63,291 - -
Reference price 2 36.46 34.72 44.01 44.51 39.34 44.04 44.04 44.04
Announcement Date 12/18/19 12/16/20 12/15/21 12/13/22 12/13/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,499 5,988 6,229 7,807 8,096 8,181 8,337 8,636
EBITDA 1 339.5 361.9 455 498.1 529.1 489.3 505 535
EBIT 1 290.6 313.9 296.2 461.2 404.6 378.5 401.8 437.9
Operating Margin 4.47% 5.24% 4.76% 5.91% 5% 4.63% 4.82% 5.07%
Earnings before Tax (EBT) 1 160.2 53.3 179.8 310 331.1 256.4 292.8 363.1
Net income 1 127.4 0.3 126.3 230.4 251.3 183.3 204.5 232.4
Net margin 1.96% 0.01% 2.03% 2.95% 3.1% 2.24% 2.45% 2.69%
EPS 2 1.900 - 1.860 3.410 3.790 2.895 3.301 3.718
Free Cash Flow 1 203.1 419.5 280.1 -30.4 190.7 218.2 284.9 -
FCF margin 3.13% 7.01% 4.5% -0.39% 2.36% 2.67% 3.42% -
FCF Conversion (EBITDA) 59.82% 115.92% 61.56% - 36.04% 44.6% 56.41% -
FCF Conversion (Net income) 159.42% 139,833.33% 221.77% - 75.89% 119.02% 139.3% -
Dividend per Share 2 0.7200 0.7400 0.7600 0.7800 0.8800 0.9000 0.9200 0.9000
Announcement Date 12/18/19 12/16/20 12/15/21 12/13/22 12/13/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 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 2025 Q2
Net sales 1 1,696 1,936 1,898 1,961 2,011 1,991 1,984 2,028 2,093 2,070 1,999 2,033 2,079 2,080 2,032
EBITDA 1 111.2 123 118.9 125.5 130.7 122.7 137 125.3 144.2 116.7 119.1 119.7 135.1 117.5 121.1
EBIT 1 79.4 94.8 90.8 97.5 109.1 91.1 92.7 93.8 113.9 88.6 91.86 92.35 107.1 90.75 96.6
Operating Margin 4.68% 4.9% 4.78% 4.97% 5.42% 4.57% 4.67% 4.62% 5.44% 4.28% 4.59% 4.54% 5.15% 4.36% 4.75%
Earnings before Tax (EBT) 1 50.3 100.3 67.8 78.3 63.7 52.7 72.3 119.3 86.8 54 65.6 62.82 78.64 67.12 68.83
Net income 1 34.3 76 48.8 56.8 48.9 38.5 51.9 98.1 62.8 44.7 44.07 43.43 54.34 48.12 47.49
Net margin 2.02% 3.93% 2.57% 2.9% 2.43% 1.93% 2.62% 4.84% 3% 2.16% 2.2% 2.14% 2.61% 2.31% 2.34%
EPS 2 0.5000 1.110 0.7200 0.8500 0.7300 0.5800 0.7200 1.470 0.9600 0.7000 0.6610 0.6632 0.8495 0.7707 0.7637
Dividend per Share 2 0.1900 0.1950 0.1950 0.1950 0.1950 0.2200 0.2200 0.6600 0.2200 0.2250 0.2262 0.2262 0.2262 0.2300 0.2300
Announcement Date 12/15/21 3/8/22 6/8/22 9/9/22 12/13/22 3/8/23 6/6/23 9/7/23 12/13/23 3/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 743 326 821 1,195 1,242 1,152 1,019 876
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.188 x 0.8994 x 1.805 x 2.399 x 2.347 x 2.355 x 2.018 x 1.638 x
Free Cash Flow 1 203 420 280 -30.4 191 218 285 -
ROE (net income / shareholders' equity) 9.16% 10.7% 15.6% 13.9% 13.2% 12.1% 12.1% 11.9%
ROA (Net income/ Total Assets) 3.75% 4.38% 5.92% 4.95% 4.73% 4.13% 4.24% -
Assets 1 3,399 6.852 2,132 4,653 5,312 4,444 4,826 -
Book Value Per Share 2 23.00 22.40 23.70 26.20 - 29.80 31.80 35.10
Cash Flow per Share 2 3.930 - - 0.3000 3.670 3.780 5.220 -
Capex 1 59.6 38 34.3 50.8 52.6 57.3 56.3 80
Capex / Sales 0.92% 0.63% 0.55% 0.65% 0.65% 0.7% 0.67% 0.93%
Announcement Date 12/18/19 12/16/20 12/15/21 12/13/22 12/13/23 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
44.04 USD
Average target price
50.83 USD
Spread / Average Target
+15.43%
Consensus
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