Financials WESCO International, Inc.

Equities

WCC

US95082P1057

Electrical Components & Equipment

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
155.8 USD -0.95% Intraday chart for WESCO International, Inc. +1.16% -10.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,482 3,928 6,633 6,366 8,881 7,918 - -
Enterprise Value (EV) 1 3,633 8,378 11,132 11,255 13,679 12,036 11,597 10,084
P/E ratio 11.6 x 52 x 16.8 x 8.17 x 12.8 x 10.9 x 9.46 x 8.99 x
Yield - - - - - 1.04% 1.06% 1.09%
Capitalization / Revenue 0.3 x 0.32 x 0.36 x 0.3 x 0.4 x 0.35 x 0.34 x 0.33 x
EV / Revenue 0.43 x 0.68 x 0.61 x 0.53 x 0.61 x 0.53 x 0.49 x 0.42 x
EV / EBITDA 8.83 x 13 x 9.42 x 6.52 x 8.02 x 7.07 x 6.44 x 5.6 x
EV / FCF 20.2 x 14.3 x 898 x -127 x 34.1 x 17.5 x 13.9 x 8.7 x
FCF Yield 4.96% 6.99% 0.11% -0.79% 2.93% 5.7% 7.18% 11.5%
Price to Book 1.14 x 1.1 x 1.81 x 1.47 x 1.81 x 1.42 x 1.35 x 1.19 x
Nbr of stocks (in thousands) 41,796 50,043 50,410 50,844 51,076 50,821 - -
Reference price 2 59.39 78.50 131.6 125.2 173.9 155.8 155.8 155.8
Announcement Date 1/30/20 2/9/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,359 12,326 18,218 21,420 22,385 22,527 23,449 24,135
EBITDA 1 411.5 643.6 1,182 1,726 1,705 1,702 1,800 1,802
EBIT 1 349.3 522 983.5 1,515 1,480 1,496 1,598 1,602
Operating Margin 4.18% 4.23% 5.4% 7.07% 6.61% 6.64% 6.81% 6.64%
Earnings before Tax (EBT) 1 282.1 122.8 581.9 1,137 992 1,106 1,244 1,330
Net income 1 223.4 70.42 408 803.1 708.1 743.5 850.5 891.3
Net margin 2.67% 0.57% 2.24% 3.75% 3.16% 3.3% 3.63% 3.69%
EPS 2 5.140 1.510 7.840 15.33 13.54 14.32 16.47 17.33
Free Cash Flow 1 180.3 586 12.39 -88.37 400.9 686.2 832.7 1,159
FCF margin 2.16% 4.75% 0.07% -0.41% 1.79% 3.05% 3.55% 4.8%
FCF Conversion (EBITDA) 43.82% 91.05% 1.05% - 23.51% 40.32% 46.27% 64.32%
FCF Conversion (Net income) 80.7% 832.14% 3.04% - 56.62% 92.29% 97.9% 130.03%
Dividend per Share 2 - - - - - 1.615 1.650 1.695
Announcement Date 1/30/20 2/9/21 2/15/22 2/14/23 2/13/24 - - -
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 4,728 4,852 4,932 5,484 5,446 5,558 5,522 5,746 5,644 5,473 5,297 5,701 5,788 5,767 5,588
EBITDA 1 337.1 324.7 361.9 433.7 457.9 451.1 420.7 442.3 457 457 350.8 439.8 472.8 448.4 394.1
EBIT 1 280.4 270.8 314.9 387.8 415.2 397.4 365.9 385.3 401.5 327.5 298 387.5 417.8 393.8 339.5
Operating Margin 5.93% 5.58% 6.38% 7.07% 7.62% 7.15% 6.63% 6.71% 7.11% 5.98% 5.63% 6.8% 7.22% 6.83% 6.08%
Earnings before Tax (EBT) 1 165.1 199.1 219.3 301 325.8 290.5 241.3 264.2 278.3 208.3 192.3 285.4 323.8 304.4 243.3
Net income 1 105.2 153.1 166.9 206.4 225.2 204.6 182.7 178.7 219 127.6 127.9 192.7 218.9 205.4 166.4
Net margin 2.23% 3.15% 3.38% 3.76% 4.14% 3.68% 3.31% 3.11% 3.88% 2.33% 2.42% 3.38% 3.78% 3.56% 2.98%
EPS 2 2.020 2.930 3.190 3.950 4.300 3.900 3.480 3.410 4.200 2.450 2.460 3.710 4.217 3.960 3.202
Dividend per Share 2 - - - - - - - - - - 0.4130 0.4130 0.4130 0.4130 0.4130
Announcement Date 11/4/21 2/15/22 5/5/22 8/4/22 11/3/22 2/14/23 5/4/23 8/3/23 11/2/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,151 4,450 4,498 4,889 4,798 4,118 3,680 2,166
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.797 x 6.914 x 3.806 x 2.833 x 2.813 x 2.42 x 2.045 x 1.202 x
Free Cash Flow 1 180 586 12.4 -88.4 401 686 833 1,159
ROE (net income / shareholders' equity) 10.2% 7.27% 14.6% 20.9% 16.1% 14.9% 14.9% 14.4%
ROA (Net income/ Total Assets) 4.64% 2.41% 3.33% 6.27% 5.11% 5.57% 5.99% 5.8%
Assets 1 4,811 2,923 12,251 12,805 13,851 13,343 14,208 15,368
Book Value Per Share 2 52.10 71.60 72.60 84.90 96.20 110.0 116.0 131.0
Cash Flow per Share 2 5.160 11.70 1.290 0.2100 9.430 17.30 19.80 23.90
Capex 1 44.1 56.7 54.7 99.4 92.3 99.3 107 105
Capex / Sales 0.53% 0.46% 0.3% 0.46% 0.41% 0.44% 0.46% 0.44%
Announcement Date 1/30/20 2/9/21 2/15/22 2/14/23 2/13/24 - - -
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
BUY
Number of Analysts
12
Last Close Price
155.8 USD
Average target price
191.5 USD
Spread / Average Target
+22.94%
Consensus
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