Financials Cisco Systems, Inc.

Equities

CSCO

US17275R1023

Communications & Networking

Market Closed - Nasdaq Other stock markets 04:00:00 2024-12-04 pm EST			5-day change	1st Jan Change
59.62 ^USD	+0.24%		+0.56%	+18.01%

08:40am	Alphawave IP Unit Takes Part in Ultra Accelerator Link Consortium	MT
Dec. 03	Workday, Inc. Appoints Liz Centoni to Its Board of Directors	CI

Projected Income Statement: Cisco Systems, Inc.

income-statement-evolution-chart CISCO-SYSTEMS-INC

Fiscal Period: July	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	49,301	49,818	51,557	56,998	53,803	56,049	58,633	61,218
Change	-	1.05%	3.49%	10.55%	-5.61%	4.17%	4.61%	4.41%
EBITDA ¹	18,458	18,564	19,302	20,797	20,884	20,931	21,736	22,170
Change	-	0.57%	3.98%	7.75%	0.42%	0.23%	3.84%	2%
EBIT ¹	16,650	16,702	17,345	19,071	18,377	18,768	19,714	20,666
Change	-	0.31%	3.85%	9.95%	-3.64%	2.13%	5.04%	4.83%
Interest Paid ¹	-585	-434	-360	-427	-1,006	-709.8	-654	-406
Earnings before Tax (EBT) ¹	13,970	13,262	14,477	15,318	12,234	10,910	13,698	15,082
Change	-	-5.07%	9.16%	5.81%	-20.13%	-10.82%	25.55%	10.1%
Net income ¹	11,214	10,591	11,812	12,613	10,320	9,735	10,993	12,205
Change	-	-5.56%	11.53%	6.78%	-18.18%	-5.66%	12.92%	11.03%
Announcement Date	8/12/20	8/18/21	8/17/22	8/16/23	8/14/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: July	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	12,005	11,983	12,154	11,929	11,960	12,803	13,126	12,900	12,720	12,835	13,102	13,632	13,592	14,571	15,203	14,668	12,791	12,702	13,642	13,841	13,853	13,865	14,413	14,430	14,597	14,480	14,991	15,026
Change	-	-0.18%	1.43%	-1.85%	0.26%	7.05%	2.52%	-1.72%	-1.4%	0.9%	2.08%	4.05%	-0.29%	7.2%	4.34%	-3.52%	-12.8%	-0.7%	7.4%	1.46%	0.08%	0.09%	3.95%	0.12%	1.16%	-0.8%	3.53%	0.23%
EBITDA ¹	4,500	4,625	4,456	4,352	4,545	4,783	4,884	4,823	4,880	4,930	4,669	4,753	4,852	5,392	5,800	5,774	4,637	5,210	5,263	5,510	5,179	5,135	5,272	5,370	5,606	5,639	5,759	5,765
Change	-	2.78%	-3.65%	-2.33%	4.43%	5.24%	2.11%	-1.25%	1.18%	1.02%	-5.29%	1.8%	2.08%	11.13%	7.57%	-0.45%	-19.69%	12.36%	1.02%	4.69%	-6%	-0.85%	2.67%	1.85%	4.39%	0.58%	2.14%	0.1%
EBIT ¹	4,043	4,179	4,012	3,901	4,109	4,297	4,395	4,290	4,364	4,452	4,239	4,338	4,414	4,941	5,378	5,373	4,215	4,349	4,440	4,721	4,677	4,604	4,772	4,857	4,999	4,861	5,048	5,185
Change	-	3.36%	-4%	-2.77%	5.33%	4.58%	2.28%	-2.39%	1.72%	2.02%	-4.78%	2.34%	1.75%	11.94%	8.84%	-0.09%	-21.55%	3.18%	2.09%	6.33%	-0.92%	-1.57%	3.65%	1.78%	2.92%	-2.76%	3.84%	2.73%
Charge d'intérêts ¹	-158	-130	-119	-112	-113	-111	-98	-89	-88	-90	-93	-100	-107	-109	-111	-111	-120	-357	-418	-418	-171.3	-170	-168.3	-172.7	-172	-171.7	-171	-162
Earnings before Tax (EBT) ¹	3,534	3,444	3,306	2,681	3,255	3,591	3,735	3,657	3,603	3,801	3,416	3,475	3,415	3,957	4,471	4,442	3,161	2,235	2,396	2,267	2,697	2,617	2,964	3,135	3,369	2,879	3,251	-
Change	-	-2.55%	-4.01%	-18.91%	21.41%	10.32%	4.01%	-2.09%	-1.48%	5.5%	-10.13%	1.73%	-1.73%	15.87%	12.99%	-0.65%	-28.84%	-29.29%	7.2%	-5.38%	18.98%	-2.98%	13.27%	5.78%	7.45%	-14.54%	12.91%	-100%
Net income ¹	2,878	2,774	2,636	2,174	2,545	2,863	3,009	2,980	2,973	3,044	2,815	2,670	2,773	3,212	3,958	3,638	2,634	1,886	2,162	2,711	2,310	2,250	2,476	2,977	3,032	2,849	3,069	3,335
Change	-	-3.61%	-4.97%	-17.53%	17.07%	12.5%	5.1%	-0.96%	-0.23%	2.39%	-7.52%	-5.15%	3.86%	15.83%	23.23%	-8.08%	-27.6%	-28.4%	14.63%	25.39%	-14.78%	-2.63%	10.05%	20.25%	1.84%	-6.03%	7.73%	8.66%
Announcement Date	2/12/20	5/13/20	8/12/20	11/12/20	2/9/21	5/19/21	8/18/21	11/17/21	2/16/22	5/18/22	8/17/22	11/16/22	2/15/23	5/17/23	8/16/23	11/15/23	2/14/24	5/15/24	8/14/24	11/13/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Cisco Systems, Inc.

balance-sheet-analysis-chart CISCO-SYSTEMS-INC

Fiscal Period: July	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-14,836	-12,992	-9,752	-17,755	13,108	14,162	10,262	4,985
Change	-	-187.57%	-175.06%	-282.07%	-26.17%	8.04%	-27.54%	-51.42%
Announcement Date	8/12/20	8/18/21	8/17/22	8/16/23	8/14/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Cisco Systems, Inc.

Fiscal Period: July	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	770	692	477	849	670	822.6	832	885.4
Change	-	-10.13%	-31.07%	77.99%	-21.08%	22.78%	1.14%	6.41%
Free Cash Flow (FCF) ¹	14,656	14,762	12,749	19,037	10,210	15,081	16,882	17,257
Change	-	0.72%	-13.64%	49.32%	-46.37%	47.71%	11.95%	2.22%
Announcement Date	8/12/20	8/18/21	8/17/22	8/16/23	8/14/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Cisco Systems, Inc.

Fiscal Period: July	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	37.44%	37.26%	37.44%	36.49%	38.82%	37.34%	37.07%	36.22%
EBIT Margin (%)	33.77%	33.53%	33.64%	33.46%	34.16%	33.48%	33.62%	33.76%
EBT Margin (%)	28.34%	26.62%	28.08%	26.87%	22.74%	19.47%	23.36%	24.64%
Net margin (%)	22.75%	21.26%	22.91%	22.13%	19.18%	17.37%	18.75%	19.94%
FCF margin (%)	29.73%	29.63%	24.73%	33.4%	18.98%	26.91%	28.79%	28.19%
FCF / Net Income (%)	130.69%	139.38%	107.93%	150.93%	98.93%	154.91%	153.57%	141.39%
Profitability
ROA	14.18%	14.18%	14.72%	12.88%	9.12%	9.13%	9.59%	10.36%
ROE	38.21%	34.44%	34.78%	37.99%	22.98%	32.04%	33.25%	34.25%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	0.63x	0.68x	0.47x	0.22x
Debt / Free cash flow	-	-	-	-	1.28x	0.94x	0.61x	0.29x
Capital Intensity
CAPEX / Current Assets (%)	1.56%	1.39%	0.93%	1.49%	1.25%	1.47%	1.42%	1.45%
CAPEX / EBITDA (%)	4.17%	3.73%	2.47%	4.08%	3.21%	3.93%	3.83%	3.99%
CAPEX / FCF (%)	5.25%	4.69%	3.74%	4.46%	6.56%	5.45%	4.93%	5.13%
Items per share
Cash flow per share ¹	3.626	3.648	3.155	3.391	2.678	3.989	4.482	4.992
Change	-	0.61%	-13.52%	7.48%	-21.01%	48.92%	12.37%	11.36%
Dividend per Share ¹	1.42	1.46	1.5	1.54	1.58	1.618	1.66	1.725
Change	-	2.82%	2.74%	2.67%	2.6%	2.39%	2.61%	3.9%
Book Value Per Share ¹	8.914	9.78	9.538	-	11.24	11.61	12.38	13.34
Change	-	9.72%	-2.48%	-	-	3.29%	6.59%	7.77%
EPS ¹	2.64	2.5	2.82	3.07	2.54	2.458	2.873	3.202
Change	-	-5.3%	12.8%	8.87%	-17.26%	-3.22%	16.88%	11.45%
Nbr of stocks (in thousands)	4,222,296	4,214,205	4,140,964	4,075,058	4,028,815	3,982,758	3,982,758	3,982,758
Announcement Date	8/12/20	8/18/21	8/17/22	8/16/23	8/14/24	-	-	-