Financials Federal Signal Corporation

Equities

FSS

US3138551086

Heavy Machinery & Vehicles

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
83.88 USD +0.94% Intraday chart for Federal Signal Corporation +3.76% +9.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,951 2,008 2,647 2,818 4,676 5,119 - -
Enterprise Value (EV) 1 2,140 2,136 2,889 3,133 4,914 5,119 5,119 5,119
P/E ratio 18.3 x 21.3 x 26.6 x 23.6 x 30 x 27.3 x 25.2 x -
Yield 0.99% 0.96% 0.83% 0.77% 0.51% 0.53% 0.54% -
Capitalization / Revenue 1.6 x 1.78 x 2.18 x 1.96 x 2.71 x 2.72 x 2.57 x 2.4 x
EV / Revenue 1.6 x 1.78 x 2.18 x 1.96 x 2.71 x 2.72 x 2.57 x 2.4 x
EV / EBITDA 10.2 x 11 x 14.7 x 13.1 x 16.3 x 15.6 x 14.5 x -
EV / FCF 28.8 x 18.9 x 41.1 x 150 x 28.5 x 28.6 x 26.4 x 24.2 x
FCF Yield 3.47% 5.3% 2.43% 0.67% 3.51% 3.49% 3.78% 4.12%
Price to Book 3.04 x 2.86 x 3.81 x 3.28 x 4.67 x 4.41 x 3.81 x -
Nbr of stocks (in thousands) 60,508 60,523 61,072 60,637 60,929 61,022 - -
Reference price 2 32.25 33.17 43.34 46.47 76.74 83.88 83.88 83.88
Announcement Date 2/27/20 2/25/21 3/1/22 3/1/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,221 1,131 1,213 1,435 1,723 1,879 1,994 2,136
EBITDA 1 191.3 182.2 180.5 215 286 327.5 352.3 -
EBIT 1 147.1 131.4 130.7 160.8 224.5 261.7 286.1 315
Operating Margin 12.04% 11.62% 10.77% 11.21% 13.03% 13.93% 14.34% 14.75%
Earnings before Tax (EBT) 1 138.6 124.6 117.6 150.9 203 248 274.6 -
Net income 1 108.5 96.2 100.6 120.4 157.4 190 206.1 -
Net margin 8.88% 8.51% 8.29% 8.39% 9.14% 10.11% 10.34% -
EPS 2 1.760 1.560 1.630 1.970 2.560 3.073 3.335 -
Free Cash Flow 1 67.7 106.5 64.4 18.8 164.1 178.7 193.7 211.1
FCF margin 5.54% 9.42% 5.31% 1.31% 9.53% 9.51% 9.71% 9.89%
FCF Conversion (EBITDA) 35.39% 58.45% 35.68% 8.74% 57.38% 54.58% 54.97% -
FCF Conversion (Net income) 62.4% 110.71% 64.02% 15.61% 104.26% 94.06% 93.95% -
Dividend per Share 2 0.3200 0.3200 0.3600 0.3600 0.3900 0.4450 0.4550 -
Announcement Date 2/27/20 2/25/21 3/1/22 3/1/23 2/27/24 - - -
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 1 298.3 301.4 330.2 366.7 346.4 391.5 385.5 442.4 446.4 448.4 425.6 484.4 481.5 487.2 450
EBITDA 1 47.4 40 42.2 58.2 53.5 61.1 54.5 75.5 78.5 77.5 66.82 87.8 86.63 86.14 72.92
EBIT 1 34.3 30.1 28.5 46.2 39.5 46.6 39.5 59.4 62.5 63.1 50.55 71.38 70.1 69.74 56.62
Operating Margin 11.5% 9.99% 8.63% 12.6% 11.4% 11.9% 10.25% 13.43% 14% 14.07% 11.88% 14.73% 14.56% 14.32% 12.58%
Earnings before Tax (EBT) 1 33.5 19.2 27.6 44.6 36.7 42 34.7 52.7 57.1 58.5 46.93 67.83 66.7 66.5 53.82
Net income 1 29.2 19.5 20.5 33.5 31.8 34.6 27.4 40.3 43.3 46.4 39.92 50.72 49.82 49.53 40.62
Net margin 9.79% 6.47% 6.21% 9.14% 9.18% 8.84% 7.11% 9.11% 9.7% 10.35% 9.38% 10.47% 10.35% 10.17% 9.03%
EPS 2 0.4700 0.3200 0.3300 0.5500 0.5200 0.5700 0.4500 0.6600 0.7100 0.7500 0.6467 0.8217 0.8050 0.7983 0.6550
Dividend per Share 2 0.0900 0.0900 0.0900 0.0900 0.0900 0.0900 0.0900 0.1000 0.1000 0.1000 0.1200 0.1200 0.1200 0.1200 0.1200
Announcement Date 11/9/21 3/1/22 5/2/22 7/27/22 11/3/22 3/1/23 5/2/23 7/27/23 11/2/23 2/27/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 189 128 242 316 238 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 0.9875 x 0.7042 x 1.339 x 1.467 x 0.8322 x - - -
Free Cash Flow 1 67.7 107 64.4 18.8 164 179 194 211
ROE (net income / shareholders' equity) 18.8% 14.3% 13.5% 14.6% 16.9% 17.1% 16.5% -
ROA (Net income/ Total Assets) 10.1% 8.1% 7.81% 8.33% 10% 12% 12.2% -
Assets 1 1,079 1,187 1,287 1,445 1,572 1,583 1,690 -
Book Value Per Share 2 10.60 11.60 11.40 14.20 16.40 19.00 22.00 -
Cash Flow per Share - - - - - - - -
Capex 1 35.4 29.7 37.4 53 30.3 36.8 36.9 32
Capex / Sales 2.9% 2.63% 3.08% 3.69% 1.76% 1.96% 1.85% 1.5%
Announcement Date 2/27/20 2/25/21 3/1/22 3/1/23 2/27/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
83.88 USD
Average target price
83 USD
Spread / Average Target
-1.05%
Consensus
  1. Stock Market
  2. Equities
  3. FSS Stock
  4. Financials Federal Signal Corporation