Financials Arrow Electronics, Inc.

Equities

ARW

US0427351004

Semiconductors

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
128.6 USD +0.60% Intraday chart for Arrow Electronics, Inc. +5.64% +5.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,902 7,368 9,349 6,432 6,621 6,941 - -
Enterprise Value (EV) 1 9,573 9,251 11,754 10,028 10,210 9,433 9,704 9,451
P/E ratio -34.7 x 13.1 x 8.89 x 4.8 x 7.72 x 12.5 x 8.63 x 6.42 x
Yield - - - - - - - -
Capitalization / Revenue 0.24 x 0.26 x 0.27 x 0.17 x 0.2 x 0.23 x 0.22 x 0.21 x
EV / Revenue 0.33 x 0.32 x 0.34 x 0.27 x 0.31 x 0.32 x 0.31 x 0.28 x
EV / EBITDA 7.95 x 8.51 x 6.65 x 4.42 x 5.88 x 7.21 x 6.46 x 6.03 x
EV / FCF 13.4 x - 35 x - 16.4 x 9.82 x 9.96 x 8.48 x
FCF Yield 7.47% - 2.86% - 6.09% 10.2% 10% 11.8%
Price to Book 1.4 x - - - - - - -
Nbr of stocks (in thousands) 81,449 75,728 69,629 61,508 54,159 53,979 - -
Reference price 2 84.74 97.30 134.3 104.6 122.2 128.6 128.6 128.6
Announcement Date 2/6/20 2/4/21 2/3/22 2/2/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 28,917 28,673 34,477 37,124 33,107 29,561 31,230 33,463
EBITDA 1 1,204 1,088 1,767 2,270 1,736 1,307 1,502 1,567
EBIT 1 1,057 936.9 1,609 2,117 1,586 1,156 1,360 1,387
Operating Margin 3.65% 3.27% 4.67% 5.7% 4.79% 3.91% 4.35% 4.15%
Earnings before Tax (EBT) 1 -111.8 759.3 1,436 - 1,164 1,003 1,161 1,470
Net income 1 -204.1 584.4 1,108 1,427 903.5 548.8 770.5 1,078
Net margin -0.71% 2.04% 3.21% 3.84% 2.73% 1.86% 2.47% 3.22%
EPS 2 -2.440 7.430 15.10 21.80 15.84 10.25 14.90 20.04
Free Cash Flow 1 714.8 - 335.9 - 622.2 960.9 974 1,115
FCF margin 2.47% - 0.97% - 1.88% 3.25% 3.12% 3.33%
FCF Conversion (EBITDA) 59.36% - 19.01% - 35.83% 73.49% 64.83% 71.15%
FCF Conversion (Net income) - - 30.31% - 68.86% 175.09% 126.42% 103.43%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/6/20 2/4/21 2/3/22 2/2/23 2/8/24 - - -
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 8,512 9,016 9,074 9,461 9,266 9,323 8,736 8,515 8,007 7,849 7,045 7,209 7,399 7,858 7,365
EBITDA 1 449.9 563.9 563.6 582.6 552.6 570.9 471.4 448.8 416.4 399.5 287.2 302.3 326.6 359 342.6
EBIT 1 411 524.8 524.3 544.2 515 533.5 432.7 410.5 379.3 363.8 251.1 266.7 286.9 343.5 299.6
Operating Margin 4.83% 5.82% 5.78% 5.75% 5.56% 5.72% 4.95% 4.82% 4.74% 4.64% 3.56% 3.7% 3.88% 4.37% 4.07%
Earnings before Tax (EBT) 373.5 - - 485.9 449.1 - 351.9 310.2 - - - - - - -
Net income 1 290 371.2 364.7 370.3 342.4 349.4 273.8 236.6 198.7 194.5 108.8 125.4 137.8 182.3 151.3
Net margin 3.41% 4.12% 4.02% 3.91% 3.7% 3.75% 3.13% 2.78% 2.48% 2.48% 1.54% 1.74% 1.86% 2.32% 2.05%
EPS 2 4.000 5.260 5.310 5.540 5.270 5.660 4.600 4.120 3.530 3.540 2.017 2.270 2.613 3.480 3.120
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/4/21 2/3/22 5/5/22 8/4/22 11/3/22 2/2/23 5/4/23 8/3/23 11/2/23 2/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,671 1,883 2,405 3,596 3,589 2,493 2,763 2,511
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.218 x 1.731 x 1.361 x 1.584 x 2.067 x 1.906 x 1.839 x 1.602 x
Free Cash Flow 1 715 - 336 - 622 961 974 1,115
ROE (net income / shareholders' equity) 12.6% 11.8% 21.4% 26.4% 15.9% 10.9% - -
ROA (Net income/ Total Assets) 3.72% 3.49% 6.06% - - - - -
Assets 1 -5,481 16,727 18,295 - - - - -
Book Value Per Share 60.40 - - - - - - -
Cash Flow per Share 2 10.30 17.30 5.710 -0.5100 12.40 6.610 5.790 -
Capex 1 143 124 83.1 78.8 83.3 99.1 106 110
Capex / Sales 0.5% 0.43% 0.24% 0.21% 0.25% 0.34% 0.34% 0.33%
Announcement Date 2/6/20 2/4/21 2/3/22 2/2/23 2/8/24 - - -
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
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
128.6 USD
Average target price
119.8 USD
Spread / Average Target
-6.80%
Consensus
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  4. Financials Arrow Electronics, Inc.