Projected Income Statement: Boston Scientific Corporation

Forecast Balance Sheet: Boston Scientific Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 7,140 8,007 8,237 10,332 9,471 6,294 2,899 -1,102
Change - 12.14% 2.87% 25.43% -8.33% -33.54% -53.94% -138.01%
Announcement Date 2/2/22 2/1/23 1/31/24 2/5/25 2/4/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Boston Scientific Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 554 588 711 790 876 906.6 952.1 1,022
Change - 6.14% 20.92% 11.11% 10.89% 3.5% 5.02% 7.31%
Free Cash Flow (FCF) 1 1,316 938 1,792 2,645 3,658 4,199 4,217 5,332
Change - -28.72% 91.04% 47.6% 38.3% 14.79% 0.43% 26.43%
Announcement Date 2/2/22 2/1/23 1/31/24 2/5/25 2/4/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Boston Scientific Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 34.51% 28.18% 28.83% 28.89% 29.75% 30.82% 31.37% 32.02%
EBIT Margin (%) 25.32% 25.56% 26.25% 27.04% 27.96% 28.47% 28.83% 29.21%
EBT Margin (%) 9.05% 9% 13.94% 13.63% 16.86% 19.37% 20.35% 21.5%
Net margin (%) 8.29% 5.06% 11.03% 11.06% 14.44% 18.1% 17.69% 18.49%
FCF margin (%) 11.07% 7.4% 12.58% 15.79% 18.22% 19.37% 17.89% 20.82%
FCF / Net Income (%) 133.6% 146.11% 114.14% 142.74% 126.22% 107.02% 101.15% 112.63%

Profitability

        
ROA 7.42% 7.6% 8.87% 10% 11.01% 9.46% 9.6% 9.62%
ROE 14.12% 14.38% 16.27% 18.15% 19.89% 18.94% 18.43% 18.07%

Financial Health

        
Leverage (Debt/EBITDA) 1.74x 2.24x 2.01x 2.14x 1.59x 0.94x 0.39x -
Debt / Free cash flow 5.43x 8.54x 4.6x 3.91x 2.59x 1.5x 0.69x -

Capital Intensity

        
CAPEX / Current Assets (%) 4.66% 4.64% 4.99% 4.72% 4.36% 4.18% 4.04% 3.99%
CAPEX / EBITDA (%) 13.5% 16.45% 17.32% 16.33% 14.67% 13.57% 12.88% 12.46%
CAPEX / FCF (%) 42.1% 62.69% 39.68% 29.87% 23.95% 21.59% 22.58% 19.16%

Items per share

        
Cash flow per share 1 1.304 1.06 1.71 2.312 3.034 3.648 3.959 4.559
Change - -18.73% 61.36% 35.16% 31.24% 20.26% 8.51% 15.17%
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 11.66 12.26 13.16 14.76 16.34 18.95 21.37 23.98
Change - 5.14% 7.3% 12.23% 10.68% 15.98% 12.78% 12.19%
EPS 1 0.69 0.45 1.07 1.25 1.94 2.711 2.867 3.273
Change - -34.78% 137.78% 16.82% 55.2% 39.74% 5.75% 14.17%
Nbr of stocks (in thousands) 1,424,992 1,432,311 1,464,983 1,473,827 1,482,442 1,486,355 1,486,355 1,486,355
Announcement Date 2/2/22 2/1/23 1/31/24 2/5/25 2/4/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 21x 19.8x
PBR 3x 2.66x
EV / Sales 4.18x 3.71x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
33
Last Close Price
56.81USD
Average target price
83.47USD
Spread / Average Target
+46.93%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. BSX Stock
  4. Financials Boston Scientific Corporation