Projected Income Statement: Prysmian S.p.A.

Forecast Balance Sheet: Prysmian S.p.A.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 1,760 1,417 1,188 4,296 3,097 2,623 1,682 1,017
Change - -19.49% -16.16% 261.62% -27.91% -15.31% -35.87% -39.54%
Announcement Date 3/1/22 3/9/23 2/29/24 2/27/25 2/26/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Prysmian S.p.A.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 258 429 599 784 765 756.3 723.9 707.7
Change - 66.28% 39.63% 30.88% -2.42% -1.13% -4.29% -2.24%
Free Cash Flow (FCF) 1 519 609 817 1,011 1,171 1,297 1,435 1,678
Change - 17.34% 34.15% 23.75% 15.83% 10.75% 10.62% 16.99%
Announcement Date 3/1/22 3/9/23 2/29/24 2/27/25 2/26/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Prysmian S.p.A.

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

Profitability

        
EBITDA Margin (%) 7.66% 8.63% 10.6% 11.32% 12.2% 12.81% 13.37% 13.56%
EBIT Margin (%) 5.08% 6.96% 8.27% 8.59% 8.96% 9.72% 10.34% 10.67%
EBT Margin (%) 3.74% 4.6% 4.98% 5.76% 8.42% 8.18% 9.06% 9.55%
Net margin (%) 2.42% 3.14% 3.45% 4.28% 6.46% 6.07% 6.66% 7.01%
FCF margin (%) 4.08% 3.79% 5.32% 5.94% 5.96% 6.06% 6.28% 6.93%
FCF / Net Income (%) 168.51% 120.83% 154.44% 138.68% 92.2% 99.89% 94.34% 98.86%

Profitability

        
ROA 3.1% 4.07% 4.84% 5.86% 6.62% 6.05% 6.5% 6.93%
ROE 11.91% 15.51% 17.14% 19.94% 21.97% 18.97% 18.77% 18.54%

Financial Health

        
Leverage (Debt/EBITDA) 1.8x 1.02x 0.73x 2.23x 1.29x 0.96x 0.55x 0.31x
Debt / Free cash flow 3.39x 2.33x 1.45x 4.25x 2.64x 2.02x 1.17x 0.61x

Capital Intensity

        
CAPEX / Current Assets (%) 2.03% 2.67% 3.9% 4.6% 3.89% 3.53% 3.17% 2.92%
CAPEX / EBITDA (%) 26.43% 30.93% 36.79% 40.69% 31.9% 27.58% 23.71% 21.53%
CAPEX / FCF (%) 49.71% 70.44% 73.32% 77.55% 65.33% 58.32% 50.46% 42.16%

Items per share

        
Cash flow per share 1 2.943 3.909 4.86 6.682 5.643 6.57 7.071 7.268
Change - 32.82% 24.32% 37.5% -15.56% 16.43% 7.63% 2.8%
Dividend per Share 1 0.55 0.6 0.7 0.8 - 1.003 1.121 1.229
Change - 9.09% 16.67% 14.29% - - 11.68% 9.69%
Book Value Per Share 1 11.06 13.37 12.98 17.73 - 25.73 29.72 34.41
Change - 20.89% -2.95% 36.64% - - 15.52% 15.78%
EPS 1 1.17 1.9 1.84 2.52 3.31 4.427 5.132 5.749
Change - 62.39% -3.16% 36.96% 31.35% 33.74% 15.92% 12.02%
Nbr of stocks (in thousands) 263,410 263,495 272,694 289,047 286,734 286,734 286,734 286,734
Announcement Date 3/1/22 3/9/23 2/29/24 2/27/25 2/26/26 - - -
1EUR
Estimates
2026 *2027 *
P/E ratio 27.1x 23.3x
PBR 4.66x 4.03x
EV / Sales 1.73x 1.58x
Yield 0.84% 0.94%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
119.80EUR
Average target price
104.18EUR
Spread / Average Target
-13.04%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. PRY Stock
  4. Financials Prysmian S.p.A.