Projected Income Statement: easyJet plc

Forecast Balance Sheet: easyJet plc

Fiscal Period: September 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 1,125 910 670 -41 -181 -450 -370 185
Change - -19.11% -26.37% -106.12% -541.46% -348.62% -182.22% -50%
Announcement Date 11/17/20 11/30/21 11/29/22 11/28/23 11/27/24 - - -
1GBP in Million
Estimates

Cash Flow Forecast: easyJet plc

Fiscal Period: September 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 659 140 530 754 929 1,149 1,563 2,035
Change - -78.76% 278.57% 42.26% 23.21% 23.73% 35.97% 30.18%
Free Cash Flow (FCF) 1 -1,421 -1,175 246 797 536 417.8 146.3 -308
Change - -17.31% -120.94% 223.98% -32.75% -22.06% -64.98% -310.56%
Announcement Date 11/17/20 11/30/21 11/29/22 11/28/23 11/27/24 - - -
1GBP in Million
Estimates

Forecast Financial Ratios: easyJet plc

Fiscal Period: September 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) -9.11% -38.13% 9.86% 13.83% 14.68% 15.32% 15.17% 15.3%
EBIT Margin (%) -25.82% -71.06% 0.05% 5.83% 6.41% 7.13% 7.14% 7.2%
EBT Margin (%) -42.31% -71.06% -3.61% 5.29% 6.47% 6.94% 7.13% 7.46%
Net margin (%) -35.86% -58.85% -2.93% 3.97% 4.86% 5.2% 5.28% 5.42%
FCF margin (%) -47.22% -80.59% 4.26% 9.75% 5.76% 4.12% 1.35% -2.65%
FCF / Net Income (%) 131.7% 136.95% -145.56% 245.99% 118.58% 79.35% 25.64% -48.99%

Profitability

        
ROA -8.72% -9.87% -1.45% 7.53% 4.33% 4.57% 4.81% 5.01%
ROE -29.69% -39.67% -5.68% 12.82% 15.69% 16.34% 15.46% 14.77%

Financial Health

        
Leverage (Debt/EBITDA) -4.11x -1.64x 1.18x - - - - 0.1x
Debt / Free cash flow -0.79x -0.77x 2.72x - - - - -0.6x

Capital Intensity

        
CAPEX / Current Assets (%) 21.9% 9.6% 9.19% 9.23% 9.98% 11.35% 14.46% 17.53%
CAPEX / EBITDA (%) -240.51% -25.18% 93.15% 66.73% 67.96% 74.06% 95.29% 114.57%
CAPEX / FCF (%) -46.38% -11.91% 215.45% 94.6% 173.32% 275.14% 1,068.26% -660.47%

Items per share

        
Cash flow per share 1 -1.85 -1.92 1.031 2.046 1.93 1.889 2.07 2.331
Change - 3.82% -153.67% 98.56% -5.67% -2.15% 9.59% 12.62%
Dividend per Share 1 - - - - 0.121 0.1451 0.1603 0.1659
Change - - - - - 19.92% 10.5% 3.49%
Book Value Per Share 1 4.666 4.896 3.364 3.677 3.917 4.458 5.051 5.808
Change - 4.93% -31.29% 9.3% 6.53% 13.81% 13.3% 15%
EPS 1 -2.649 -1.59 -0.224 0.427 0.596 0.7002 0.7527 0.8266
Change - -39.98% -85.91% -290.62% 39.58% 17.49% 7.49% 9.82%
Nbr of stocks (in thousands) 454,434 755,890 755,946 755,110 753,144 750,859 750,859 750,859
Announcement Date 11/17/20 11/30/21 11/29/22 11/28/23 11/27/24 - - -
1GBP
Estimates
2025 *2026 *
P/E ratio 7.41x 6.89x
PBR 1.16x 1.03x
EV / Sales 0.34x 0.33x
Yield 2.8% 3.09%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
5.186GBP
Average target price
7.024GBP
Spread / Average Target
+35.44%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. EZJ Stock
  4. Financials easyJet plc