Financials Masco Corporation

Equities

MAS

US5745991068

Construction Supplies & Fixtures

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
69.85 USD -0.03% Intraday chart for Masco Corporation -2.86% +4.28%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,284 14,374 17,140 10,525 15,030 15,384 - -
Enterprise Value (EV) 1 15,360 15,843 19,173 13,224 17,344 17,734 17,688 17,518
P/E ratio 14.9 x 12 x 43.3 x 12.9 x 16.7 x 16.8 x 15.5 x 13.9 x
Yield 1.06% 1% 1.27% 2.4% - 1.67% 1.75% 1.9%
Capitalization / Revenue 1.98 x 2 x 2.05 x 1.21 x 1.89 x 1.93 x 1.85 x 1.77 x
EV / Revenue 2.29 x 2.2 x 2.29 x 1.52 x 2.18 x 2.22 x 2.13 x 2.02 x
EV / EBITDA 12.4 x 11 x 12 x 8.85 x 11.7 x 11.6 x 10.8 x 10 x
EV / FCF 22.9 x 18.9 x 23.9 x 21.5 x 14.8 x 22 x 19.4 x 18.3 x
FCF Yield 4.37% 5.3% 4.18% 4.66% 6.75% 4.55% 5.16% 5.46%
Price to Book -247 x 34.1 x 315 x -41.3 x 154 x 94.8 x 58.1 x 38.3 x
Nbr of stocks (in thousands) 276,800 261,676 244,087 225,529 224,400 220,244 - -
Reference price 2 47.99 54.93 70.22 46.67 66.98 69.85 69.85 69.85
Announcement Date 2/11/20 2/9/21 2/8/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,707 7,188 8,375 8,680 7,967 7,985 8,304 8,672
EBITDA 1 1,240 1,438 1,604 1,494 1,485 1,535 1,636 1,751
EBIT 1 1,110 1,306 1,454 1,355 1,336 1,377 1,469 1,573
Operating Margin 16.55% 18.17% 17.36% 15.61% 16.77% 17.25% 17.68% 18.14%
Earnings before Tax (EBT) 1 914 1,131 688 1,193 1,238 1,266 1,355 1,474
Net income 1 935 1,224 410 844 908 909.6 959 1,051
Net margin 13.94% 17.03% 4.9% 9.72% 11.4% 11.39% 11.55% 12.12%
EPS 2 3.220 4.590 1.620 3.630 4.020 4.147 4.495 5.040
Free Cash Flow 1 671 839 802 616 1,170 807.7 912.8 956
FCF margin 10% 11.67% 9.58% 7.1% 14.69% 10.12% 10.99% 11.02%
FCF Conversion (EBITDA) 54.11% 58.34% 50% 41.23% 78.79% 52.61% 55.8% 54.6%
FCF Conversion (Net income) 71.76% 68.55% 195.61% 72.99% 128.85% 88.79% 95.19% 90.94%
Dividend per Share 2 0.5100 0.5500 0.8900 1.120 - 1.168 1.222 1.330
Announcement Date 2/11/20 2/9/21 2/8/22 2/9/23 2/8/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 2,022 2,201 2,352 2,204 1,923 1,979 2,127 1,979 1,882 1,926 2,104 2,023 1,927 1,997 2,183
EBITDA 1 301 390 450 385 269 347 439 385 314 360 425.2 406.4 340.2 382.9 458.4
EBIT 1 265 356 414 351 234 312 404 348 272 322 386.2 366.9 299.3 343.4 410.2
Operating Margin 13.11% 16.17% 17.6% 15.93% 12.17% 15.77% 18.99% 17.58% 14.45% 16.72% 18.36% 18.13% 15.54% 17.19% 18.79%
Earnings before Tax (EBT) 1 192 327 397 310 159 285 374 346 233 289 360.6 341.2 269.9 316.9 375.6
Net income 1 132 233 278 218 115 205 263 249 191 215 259 244.8 195.3 220 271.3
Net margin 6.53% 10.59% 11.82% 9.89% 5.98% 10.36% 12.36% 12.58% 10.15% 11.16% 12.31% 12.1% 10.14% 11.02% 12.42%
EPS 2 0.5500 0.9700 1.180 0.9700 0.5100 0.9000 1.160 1.100 0.8500 0.9700 1.174 1.117 0.9021 1.033 1.293
Dividend per Share 2 0.2800 0.2800 0.2800 0.2800 0.2800 0.2850 0.2850 0.2850 - - 0.2900 0.2900 0.2900 0.2972 0.2972
Announcement Date 2/8/22 4/27/22 7/28/22 10/26/22 2/9/23 4/26/23 7/27/23 10/26/23 2/8/24 4/24/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,076 1,469 2,033 2,699 2,314 2,350 2,304 2,134
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.674 x 1.022 x 1.267 x 1.807 x 1.558 x 1.531 x 1.408 x 1.219 x
Free Cash Flow 1 671 839 802 616 1,170 808 913 956
ROE (net income / shareholders' equity) - 452% 390% - - 509% 317% 269%
ROA (Net income/ Total Assets) 12.4% 15.3% 16.4% 16.3% 16.5% 17.4% 18.2% 18.1%
Assets 1 7,528 8,024 2,505 5,190 5,486 5,235 5,269 5,808
Book Value Per Share 2 -0.1900 1.610 0.2200 -1.130 0.4300 0.7400 1.200 1.820
Cash Flow per Share 2 2.890 3.610 3.710 3.620 6.250 4.840 5.590 5.960
Capex 1 162 114 128 224 243 200 203 217
Capex / Sales 2.42% 1.59% 1.53% 2.58% 3.05% 2.5% 2.44% 2.5%
Announcement Date 2/11/20 2/9/21 2/8/22 2/9/23 2/8/24 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
69.85 USD
Average target price
80.01 USD
Spread / Average Target
+14.54%
Consensus
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  2. Equities
  3. MAS Stock
  4. Financials Masco Corporation