Financials Acuity Brands, Inc.

Equities

AYI

US00508Y1029

Construction Supplies & Fixtures

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
252.2 USD +0.17% Intraday chart for Acuity Brands, Inc. +2.06% +23.11%

Valuation

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,954 4,288 6,515 5,297 4,982 7,690 - -
Enterprise Value (EV) 1 4,849 4,129 6,518 5,587 5,080 7,414 6,981 6,497
P/E ratio 15.1 x 17.4 x 22 x 14.8 x 15 x 18.6 x 17.2 x 17.3 x
Yield 0.41% 0.48% 0.28% 0.32% 0.32% 0.22% 0.22% 0.22%
Capitalization / Revenue 1.35 x 1.29 x 1.88 x 1.32 x 1.26 x 1.97 x 1.89 x 1.85 x
EV / Revenue 1.32 x 1.24 x 1.88 x 1.39 x 1.29 x 1.9 x 1.71 x 1.56 x
EV / EBITDA 7.87 x 8.01 x 11.5 x 8.7 x 7.83 x 10.8 x 9.55 x 9.51 x
EV / FCF 11 x 9.18 x 17.9 x 21.5 x 9.93 x 14.9 x 13.7 x 12.3 x
FCF Yield 9.11% 10.9% 5.6% 4.65% 10.1% 6.7% 7.32% 8.16%
Price to Book 2.6 x 2.03 x 3.18 x 2.97 x - - - -
Nbr of stocks (in thousands) 39,499 39,237 35,308 32,313 30,892 30,498 - -
Reference price 2 125.4 109.3 184.5 163.9 161.3 252.2 252.2 252.2
Announcement Date 10/2/19 10/8/20 10/6/21 10/4/22 10/4/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,673 3,326 3,461 4,006 3,952 3,901 4,071 4,153
EBITDA 1 616.4 515.7 565.7 641.9 648.5 685.8 731.2 683.1
EBIT 1 528.1 456.3 506.3 588.1 597.4 621.8 647.1 668.4
Operating Margin 14.38% 13.72% 14.63% 14.68% 15.12% 15.94% 15.89% 16.09%
Earnings before Tax (EBT) 1 424.9 324.7 396.2 493.9 446.7 552.4 589.1 586.5
Net income 1 330.4 248.3 306.3 384 346 421.3 445.8 448.6
Net margin 9% 7.46% 8.85% 9.59% 8.75% 10.8% 10.95% 10.8%
EPS 2 8.290 6.270 8.380 11.08 10.76 13.54 14.69 14.61
Free Cash Flow 1 441.7 449.9 364.9 259.8 511.4 496.4 511.4 530
FCF margin 12.03% 13.53% 10.54% 6.49% 12.94% 12.72% 12.56% 12.76%
FCF Conversion (EBITDA) 71.66% 87.24% 64.5% 40.47% 78.86% 72.38% 69.93% 77.58%
FCF Conversion (Net income) 133.69% 181.19% 119.13% 67.66% 147.8% 117.82% 114.71% 118.14%
Dividend per Share 2 0.5200 0.5200 0.5200 0.5200 0.5200 0.5457 0.5533 0.5667
Announcement Date 10/2/19 10/8/20 10/6/21 10/4/22 10/4/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: August 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
Net sales 1 926.1 909.1 1,061 1,110 997.9 943.6 1,000 1,010 934.7 905.9 1,008 1,050 973.1 941.1 1,042
EBITDA 1 147 135.9 176.1 182.9 153 144.8 175.6 175.1 166.7 153 190.3 186.5 - - -
EBIT 1 133 122.6 162.8 169.7 140.1 132.1 162.9 162.3 153.9 140.1 168 174.2 160.7 143.4 165.4
Operating Margin 14.36% 13.49% 15.35% 15.28% 14.04% 14% 16.29% 16.06% 16.47% 15.47% 16.67% 16.58% 16.51% 15.24% 15.88%
Earnings before Tax (EBT) 1 108.9 98.2 138 148.8 93.2 109.5 138.7 105.3 130.9 117.6 153.1 153.5 135.2 119.1 147.4
Net income 1 87.6 75.3 105.7 115.4 74.9 83.2 105 82.9 100.6 89.2 114.9 117.6 103.4 91.1 112.8
Net margin 9.46% 8.28% 9.97% 10.39% 7.51% 8.82% 10.5% 8.2% 10.76% 9.85% 11.4% 11.19% 10.63% 9.68% 10.83%
EPS 2 2.460 2.130 3.070 3.480 2.290 2.570 3.280 2.630 3.210 2.840 3.682 3.785 3.300 2.910 3.610
Dividend per Share 2 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300 0.1500 0.1433 0.1433 - - -
Announcement Date 1/7/22 4/5/22 6/30/22 10/4/22 1/9/23 4/4/23 6/29/23 10/4/23 1/9/24 4/3/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 3 290 97.7 - - -
Net Cash position 1 104 160 - - - 277 709 1,193
Leverage (Debt/EBITDA) - - 0.005303 x 0.4515 x 0.1507 x - - -
Free Cash Flow 1 442 450 365 260 511 496 511 530
ROE (net income / shareholders' equity) 18.2% 12.3% 17.8% 19.4% 17.6% 20.4% 17.2% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 48.20 53.70 58.10 55.20 - - - -
Cash Flow per Share 12.40 9.850 11.20 9.130 - - - -
Capex 1 53 54.9 43.8 56.5 66.7 69 68.7 68
Capex / Sales 1.44% 1.65% 1.27% 1.41% 1.69% 1.77% 1.69% 1.64%
Announcement Date 10/2/19 10/8/20 10/6/21 10/4/22 10/4/23 - - -
1USD in Million
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
10
Last Close Price
252.2 USD
Average target price
285.4 USD
Spread / Average Target
+13.19%
Consensus
  1. Stock Market
  2. Equities
  3. AYI Stock
  4. Financials Acuity Brands, Inc.