Financials CSL Limited

Equities

CSL

AU000000CSL8

Pharmaceuticals

Market Closed - Australian S.E. 02:10:53 2024-05-31 am EDT 5-day change 1st Jan Change
280.1 AUD +0.64% Intraday chart for CSL Limited -0.29% -2.29%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 68,373 89,914 97,314 89,378 89,111 89,874 - -
Enterprise Value (EV) 1 72,378 94,712 101,308 88,599 99,790 99,690 98,525 97,031
P/E ratio 35.7 x 42.9 x 41 x 38.7 x 40.8 x 32.9 x 27.4 x 23.5 x
Yield 1.23% 1.02% 1.04% 1.2% 1.28% 1.43% 1.66% 1.91%
Capitalization / Revenue 8.01 x 9.83 x 9.44 x 8.46 x 6.7 x 6.11 x 5.64 x 5.25 x
EV / Revenue 8.48 x 10.4 x 9.83 x 8.39 x 7.5 x 6.77 x 6.18 x 5.67 x
EV / EBITDA 25.1 x 30.2 x 27.2 x 24.6 x 25.6 x 20.3 x 18 x 15.6 x
EV / FCF 137 x 73.9 x 41.8 x 57.2 x 72.7 x 45.2 x 33.9 x 26.9 x
FCF Yield 0.73% 1.35% 2.39% 1.75% 1.38% 2.21% 2.95% 3.72%
Price to Book 13 x 13.8 x 11.6 x 6.13 x 5.64 x 5.02 x 4.54 x 4.08 x
Nbr of stocks (in thousands) 453,139 454,049 455,126 481,706 482,372 483,253 - -
Reference price 2 150.9 198.0 213.8 185.5 184.7 186.0 186.0 186.0
Announcement Date 8/13/19 8/18/20 8/17/21 8/16/22 8/14/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,539 9,151 10,310 10,562 13,310 14,717 15,933 17,114
EBITDA 1 2,879 3,136 3,720 3,596 3,900 4,905 5,483 6,207
EBIT 1 2,504 2,716 3,130 2,927 3,069 4,198 4,757 5,458
Operating Margin 29.33% 29.69% 30.36% 27.72% 23.06% 28.52% 29.86% 31.89%
Earnings before Tax (EBT) 1 2,341 2,573 2,963 2,780 2,663 3,642 4,285 4,957
Net income 1 1,919 2,102 2,375 2,255 2,194 2,711 3,259 3,790
Net margin 22.47% 22.98% 23.04% 21.35% 16.48% 18.42% 20.45% 22.15%
EPS 2 4.226 4.615 5.210 4.800 4.530 5.653 6.787 7.914
Free Cash Flow 1 526.8 1,282 2,426 1,550 1,373 2,205 2,907 3,608
FCF margin 6.17% 14% 23.53% 14.67% 10.32% 14.98% 18.25% 21.08%
FCF Conversion (EBITDA) 18.3% 40.86% 65.21% 43.1% 35.21% 44.95% 53.02% 58.13%
FCF Conversion (Net income) 27.46% 60.95% 102.13% 68.74% 62.58% 81.33% 89.22% 95.2%
Dividend per Share 2 1.850 2.020 2.220 2.220 2.360 2.653 3.086 3.555
Announcement Date 8/13/19 8/18/20 8/17/21 8/16/22 8/14/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 4,911 4,240 5,739 4,571 6,041 4,521 7,184 6,126 8,053 6,574 8,662 7,234
EBITDA 1 1,836 1,300 2,638 1,081 2,479 1,117 2,516 1,384 3,042 2,146 - -
EBIT 1 1,632 1,084 2,358 772 2,215 712.7 2,134 934.7 2,795 1,524 2,962 1,646
Operating Margin 33.23% 25.58% 41.09% 16.89% 36.67% 15.77% 29.71% 15.26% 34.71% 23.17% 34.2% 22.75%
Earnings before Tax (EBT) 1,561 1,011 2,251 712.1 2,145 635.2 1,963 - 2,379 - - -
Net income 1 1,248 854.5 1,810 565 1,760 494.4 1,623 570.8 1,901 759.5 2,061 970
Net margin 25.41% 20.15% 31.54% 12.36% 29.13% 10.94% 22.6% 9.32% 23.61% 11.55% 23.79% 13.41%
EPS 2.740 1.875 3.980 1.230 3.850 0.9600 3.370 - 3.920 - - -
Dividend per Share 2 0.9500 1.070 1.040 1.180 1.040 1.180 1.070 1.290 1.190 1.325 1.280 1.560
Announcement Date 2/11/20 8/18/20 2/17/21 8/17/21 2/15/22 8/16/22 2/13/23 8/14/23 2/12/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,005 4,798 3,993 - 10,679 9,816 8,651 7,157
Net Cash position 1 - - - 779 - - - -
Leverage (Debt/EBITDA) 1.391 x 1.53 x 1.074 x - 2.738 x 2.001 x 1.578 x 1.153 x
Free Cash Flow 1 527 1,282 2,426 1,550 1,373 2,205 2,907 3,608
ROE (net income / shareholders' equity) 41.1% 35.7% 31.9% 19.6% 14.5% 17.3% 18% 19%
ROA (Net income/ Total Assets) 16.6% 15.1% 14.1% 9.7% 6.79% 8.99% 9.85% 10.8%
Assets 1 11,544 13,890 16,886 23,252 32,290 30,159 33,074 35,024
Book Value Per Share 2 11.60 14.40 18.40 30.30 32.70 37.10 41.00 45.60
Cash Flow per Share 2 3.620 5.460 7.940 5.590 5.380 5.940 7.850 9.680
Capex 1 1,118 1,207 1,196 1,079 1,228 876 980 1,026
Capex / Sales 13.09% 13.19% 11.6% 10.21% 9.23% 5.95% 6.15% 5.99%
Announcement Date 8/13/19 8/18/20 8/17/21 8/16/22 8/14/23 - - -
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
16
Last Close Price
186 USD
Average target price
202.7 USD
Spread / Average Target
+8.98%
Consensus
  1. Stock Market
  2. Equities
  3. CSL Stock
  4. Financials CSL Limited