BARNES GROUP INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 34.47 USD | -4.01% |
|
-3.61% | +5.64% |
| Apr. 26 | Barnes Group's Q1 Adjusted Earnings Decline, Revenue Rises; Increases 2024 EPS Guidance | MT |
| Apr. 26 | Transcript : Barnes Group Inc., Q1 2024 Earnings Call, Apr 26, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,142 | 2,566 | 2,359 | 2,066 | 1,654 | 1,748 | - | - |
| Enterprise Value (EV) 1 | 3,883 | 3,191 | 2,860 | 2,560 | 2,855 | 2,829 | 2,731 | 1,748 |
| P/E ratio | 20.2 x | 40.9 x | 23.8 x | 157 x | 105 x | 28.5 x | 16.4 x | - |
| Yield | 1.03% | 1.26% | 1.37% | 1.57% | 1.96% | 1.91% | 1.89% | - |
| Capitalization / Revenue | 2.11 x | 2.28 x | 1.87 x | 1.64 x | 1.14 x | 1.06 x | 1.02 x | 0.96 x |
| EV / Revenue | 2.6 x | 2.84 x | 2.27 x | 2.03 x | 1.97 x | 1.72 x | 1.59 x | 0.96 x |
| EV / EBITDA | 11.3 x | 13.8 x | 11.8 x | 10.8 x | 10.1 x | 8.99 x | 7.33 x | 4.29 x |
| EV / FCF | 19.9 x | 18.3 x | 21.4 x | 63.2 x | 50.4 x | 35 x | 20.9 x | 10.5 x |
| FCF Yield | 5.02% | 5.48% | 4.68% | 1.58% | 1.99% | 2.86% | 4.79% | 9.5% |
| Price to Book | 2.51 x | 1.86 x | 1.65 x | 1.55 x | 1.22 x | 1.29 x | - | - |
| Nbr of stocks (in thousands) | 50,714 | 50,617 | 50,627 | 50,569 | 50,675 | 50,697 | - | - |
| Reference price 2 | 61.96 | 50.69 | 46.59 | 40.85 | 32.63 | 34.47 | 34.47 | 34.47 |
| Announcement Date | 2/21/20 | 2/19/21 | 2/18/22 | 2/17/23 | 2/16/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,491 | 1,124 | 1,259 | 1,262 | 1,451 | 1,646 | 1,714 | 1,828 |
| EBITDA 1 | 343.2 | 231.6 | 242.1 | 238.1 | 283.1 | 314.7 | 372.5 | 407 |
| EBIT 1 | 244.1 | 144 | 151 | 145.9 | 167.3 | 210.6 | 232.9 | 260 |
| Operating Margin | 16.37% | 12.81% | 11.99% | 11.56% | 11.53% | 12.8% | 13.59% | 14.22% |
| Earnings before Tax (EBT) 1 | 206.8 | 101.5 | 127.8 | 38.18 | 33.26 | 123 | 150.6 | - |
| Net income | 158.4 | 63.38 | 99.87 | 13.48 | 16 | - | - | - |
| Net margin | 10.62% | 5.64% | 7.93% | 1.07% | 1.1% | - | - | - |
| EPS 2 | 3.070 | 1.240 | 1.960 | 0.2600 | 0.3100 | 1.210 | 2.100 | - |
| Free Cash Flow 1 | 195 | 174.8 | 133.7 | 40.48 | 56.68 | 80.93 | 130.9 | 166 |
| FCF margin | 13.08% | 15.54% | 10.62% | 3.21% | 3.91% | 4.92% | 7.64% | 9.08% |
| FCF Conversion (EBITDA) | 56.83% | 75.44% | 55.23% | 17% | 20.02% | 25.71% | 35.14% | 40.79% |
| FCF Conversion (Net income) | 123.15% | 275.76% | 133.86% | 300.3% | 354.31% | - | - | - |
| Dividend per Share 2 | 0.6400 | 0.6400 | 0.6400 | 0.6400 | 0.6400 | 0.6600 | 0.6500 | - |
| Announcement Date | 2/21/20 | 2/19/21 | 2/18/22 | 2/17/23 | 2/16/24 | - | - | - |
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 | 325.1 | 311 | 312.4 | 321.3 | 314.7 | 313.5 | 335.4 | 339 | 361 | 415.5 | 430.6 | 393.9 | 398.3 | 424.3 | 407.4 |
| EBITDA 1 | 67.19 | 58.52 | 54.07 | 62.69 | 63.21 | 58.09 | 61.21 | 66.33 | 68.02 | 84.3 | 83.77 | 80.94 | 78.82 | 84.28 | - |
| EBIT 1 | 43.87 | 35.44 | 31.77 | 40.13 | 39.05 | 34.96 | 37.16 | 43.46 | 39.02 | 47.68 | 51.07 | 50.43 | 52.6 | 56.93 | 53 |
| Operating Margin | 13.5% | 11.39% | 10.17% | 12.49% | 12.41% | 11.15% | 11.08% | 12.82% | 10.81% | 11.47% | 11.86% | 12.8% | 13.2% | 13.42% | 13.01% |
| Earnings before Tax (EBT) 1 | 38.46 | 29.58 | 25.92 | -31.11 | 24.26 | 19.12 | 16.64 | 22.39 | -11.93 | 6.166 | 13.16 | 30.1 | 32 | 33.5 | 33.8 |
| Net income 1 | 27.86 | 28.14 | 20.48 | -39.55 | 16.98 | 15.57 | 13.16 | 17.35 | -21.73 | 7.216 | 1.947 | 12.8 | - | - | - |
| Net margin | 8.57% | 9.05% | 6.56% | -12.31% | 5.39% | 4.97% | 3.92% | 5.12% | -6.02% | 1.74% | 0.45% | 3.25% | - | - | - |
| EPS 2 | 0.5500 | 0.5500 | 0.4000 | -0.7800 | 0.3300 | 0.3000 | 0.2600 | 0.3400 | -0.4300 | 0.1400 | 0.0400 | 0.3200 | 0.4000 | 0.4600 | - |
| Dividend per Share 2 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1600 | 0.1650 | 0.1700 | 0.1700 | 0.1700 | - |
| Announcement Date | 10/29/21 | 2/18/22 | 4/29/22 | 7/29/22 | 10/28/22 | 2/17/23 | 4/27/23 | 7/28/23 | 10/27/23 | 2/16/24 | 4/26/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 741 | 625 | 501 | 494 | 1,201 | 1,082 | 983 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.159 x | 2.699 x | 2.069 x | 2.076 x | 4.242 x | 3.438 x | 2.64 x | - |
| Free Cash Flow 1 | 195 | 175 | 134 | 40.5 | 56.7 | 80.9 | 131 | 166 |
| ROE (net income / shareholders' equity) | 13.3% | 8.58% | 7.1% | 7.29% | 6.24% | 6.2% | - | - |
| ROA (Net income/ Total Assets) | 5.91% | - | - | - | - | - | - | - |
| Assets | 2,679 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 24.70 | 27.30 | 28.20 | 26.40 | 26.70 | 26.60 | - | - |
| Cash Flow per Share 2 | 4.810 | 4.220 | 3.290 | 1.480 | 2.200 | 2.930 | 3.130 | - |
| Capex 1 | 53.3 | 40.7 | 34.1 | 35.1 | 55.7 | 64.4 | 66 | 70 |
| Capex / Sales | 3.57% | 3.62% | 2.71% | 2.78% | 3.84% | 3.91% | 3.85% | 3.83% |
| Announcement Date | 2/21/20 | 2/19/21 | 2/18/22 | 2/17/23 | 2/16/24 | - | - | - |
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-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
34.47
USD
Average target price
40.67
USD
Spread / Average Target
+17.98%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.64% | 1.75B | |
| +11.73% | 82.35B | |
| +20.17% | 71.09B | |
| +20.89% | 37.72B | |
| +15.77% | 32.01B | |
| +9.19% | 27.2B | |
| +3.18% | 26.74B | |
| +4.22% | 26B | |
| +16.93% | 25.5B | |
| +17.14% | 24.76B |
- Stock Market
- Equities
- B Stock
- Financials Barnes Group Inc.
