Financials Hubbell Incorporated

Equities

HUBB

US4435106079

Electrical Components & Equipment

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
407.5 USD +1.31% Intraday chart for Hubbell Incorporated +5.03% +23.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,039 8,504 11,332 12,604 17,638 21,877 - -
Enterprise Value (EV) 1 9,414 9,825 12,482 13,606 19,430 23,108 22,535 22,510
P/E ratio 20.2 x 24.4 x 28.6 x 24.9 x 23.4 x 27.3 x 24.8 x 22.5 x
Yield 2.32% 2.37% 1.92% 1.82% 1.39% 1.21% 1.29% 1.4%
Capitalization / Revenue 1.75 x 2.03 x 2.7 x 2.55 x 3.28 x 3.73 x 3.55 x 3.36 x
EV / Revenue 2.05 x 2.35 x 2.98 x 2.75 x 3.62 x 3.94 x 3.66 x 3.46 x
EV / EBITDA 12.6 x 14.2 x 18.3 x 15.9 x 16.4 x 17.4 x 15.9 x 15 x
EV / FCF 18.9 x 17.6 x 27.5 x 26.8 x 27.2 x 28.3 x 25.9 x 26.3 x
FCF Yield 5.29% 5.7% 3.63% 3.73% 3.68% 3.54% 3.86% 3.8%
Price to Book 4.15 x 4.12 x 5.09 x 5.38 x - 6.47 x 5.58 x 4.81 x
Nbr of stocks (in thousands) 54,386 54,236 54,411 53,706 53,622 53,683 - -
Reference price 2 147.8 156.8 208.3 234.7 328.9 407.5 407.5 407.5
Announcement Date 2/4/20 2/2/21 2/3/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,591 4,186 4,194 4,948 5,373 5,870 6,156 6,504
EBITDA 1 747.6 690.6 681.4 857.6 1,188 1,325 1,419 1,501
EBIT 1 596.6 533 532.3 709.1 1,038 1,143 1,228 1,320
Operating Margin 12.99% 12.73% 12.69% 14.33% 19.33% 19.48% 19.96% 20.29%
Earnings before Tax (EBT) 1 520.5 453.5 459.3 657 983.3 1,046 1,133 1,251
Net income 1 400.9 351.2 399.5 511.3 759.8 802.5 869.6 957.1
Net margin 8.73% 8.39% 9.53% 10.33% 14.14% 13.67% 14.13% 14.72%
EPS 2 7.310 6.430 7.280 9.430 14.05 14.94 16.43 18.10
Free Cash Flow 1 497.7 559.6 453.6 506.9 715.1 817.8 870.7 854.8
FCF margin 10.84% 13.37% 10.82% 10.24% 13.31% 13.93% 14.14% 13.14%
FCF Conversion (EBITDA) 66.57% 81.03% 66.57% 59.11% 60.18% 61.73% 61.35% 56.97%
FCF Conversion (Net income) 124.15% 159.34% 113.54% 99.14% 94.12% 101.9% 100.13% 89.31%
Dividend per Share 2 3.430 3.710 3.990 4.270 4.580 4.934 5.273 5.686
Announcement Date 2/4/20 2/2/21 2/3/22 1/31/23 1/30/24 - - -
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 1,214 1,100 1,156 1,256 1,316 1,220 1,285 1,366 1,376 1,346 1,380 1,478 1,502 1,459 1,455
EBITDA 1 194.4 170.7 177.6 225.3 241.8 212.9 284.4 324.7 313.9 265.2 292.7 354.8 361.3 320.2 306.8
EBIT 1 155.3 134.3 142.9 190.6 203.6 172 248.8 287.8 276.3 225.6 243.6 303.7 307.3 270.5 264.1
Operating Margin 12.8% 12.21% 12.36% 15.18% 15.47% 14.1% 19.36% 21.07% 20.08% 16.76% 17.66% 20.56% 20.46% 18.55% 18.15%
Earnings before Tax (EBT) 1 140.5 123.9 133.4 176 190.8 156.8 235 273.8 265 209.5 218.6 282.2 290.9 254.7 237.8
Net income 1 108.5 117.6 180.2 122 139.1 122.9 181.9 206.8 200.1 171 169.3 217.9 221 194.6 183.9
Net margin 8.94% 10.69% 15.59% 9.71% 10.57% 10.08% 14.15% 15.14% 14.54% 12.71% 12.27% 14.75% 14.72% 13.34% 12.64%
EPS 2 1.980 2.140 3.310 2.260 2.570 2.270 3.370 3.820 3.700 3.160 3.215 4.131 4.160 3.665 3.411
Dividend per Share 2 0.9800 1.050 1.050 1.050 1.050 1.120 1.120 1.120 1.120 1.220 1.220 1.220 1.220 1.259 1.308
Announcement Date 10/26/21 2/3/22 4/26/22 7/26/22 10/25/22 1/31/23 4/25/23 7/25/23 10/31/23 1/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,375 1,321 1,150 1,002 1,792 1,231 658 633
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.839 x 1.913 x 1.687 x 1.168 x 1.508 x 0.9293 x 0.4635 x 0.4219 x
Free Cash Flow 1 498 560 454 507 715 818 871 855
ROE (net income / shareholders' equity) 21.5% 17.5% 18.6% 25% 29% 26.5% 25.3% 22.1%
ROA (Net income/ Total Assets) 8.2% 7.03% 7.71% 10.7% 12.3% 11.9% 12.1% 11.2%
Assets 1 4,888 4,994 5,183 4,759 6,158 6,760 7,213 8,545
Book Value Per Share 2 35.60 38.10 40.90 43.60 - 63.00 73.10 84.80
Cash Flow per Share 2 - - 9.390 - 16.30 18.40 20.60 22.20
Capex 1 93.9 88.4 90.2 129 166 157 159 181
Capex / Sales 2.05% 2.11% 2.15% 2.61% 3.08% 2.67% 2.59% 2.78%
Announcement Date 2/4/20 2/2/21 2/3/22 1/31/23 1/30/24 - - -
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
13
Last Close Price
407.5 USD
Average target price
417 USD
Spread / Average Target
+2.33%
Consensus
  1. Stock Market
  2. Equities
  3. HUBB Stock
  4. Financials Hubbell Incorporated