ABB Ltd (SWX:ABBN)

S&P Issuer Credit Rating FC LT:

Electrical Components and Equipment Employees: 104,720 Incorporated: 1883 in SZ
A-

ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities,
Affolternstrasse 44
industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle
Zurich, Zurich 8050
charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboard
Switzerland
and panelboards, switchgear, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories,
Phone: 41 43 317 71 11
enclosures and cabling systems, and intelligent home and building solutions. The company’s Robotics & Discrete Automation segment
www.global.abb/group/en
offers industrial robots, software, robotic solutions and systems, field services, spare parts, and digital...

Key Statistics EPS Estimate (CHF)

12 Months 12 Months 12 Months 12 Months 12 Months
Dec-31-2020A Dec-31-2021A Mar-31-2022A Dec-31-2022E Dec-31-2023E
Total Revenue 23,122.06 26,386.55 26,714.10 28,992.57 31,031.21
Growth Over Prior Year (6.6%) 10.8% 8.2% 4.4% 7.0%
Gross Profit Margin % 30.7% 33.0% 32.9% 32.6% 34.6%
EBITDA Margin % 10.2% 15.9% 15.9% 15.2% 17.2%
EBIT Margin % 6.9% 13.1% 13.1% 12.3% 14.1% Estimates
Net Income Margin % 19.7% 15.7% 16.0% 8.8% 10.1%
Recommendation Outperform(2.36)
Diluted EPS Excl. Extra Items 0.12 2.09 2.17 1.29 1.61
Target Price 33.61773906
Diluted EPS Excl. Extra Items... (70.9%) 1,590.3% 890.7% (40.3%) 25.0%
LT Growth % 9.07%

Revenue by Business and Geographic Segments (CHF, mm) Forward Multiples

FY2022 FY2023
P/E 19.37x 15.50x
TEV/REV 1.73x 1.61x
TEV/EBITDA 11.34x 9.39x
PEG 2.14x 1.71x
P/BV 3.71x 3.45x

Competitors - NTM TEV/Fwd EBITDA

* Segments with negative values, such as corporate eliminations, are excluded from the total and percentage
calculations and do not appear on the charts

Top Holders
Common Stock % of Total Shares Market Value
Holder
Equivalent Held Outstanding (CHF in mm)
Investor AB (publ) 265,385,142 14.42 6,855.3
Cevian Capital AB 105,988,662 5.76 2,737.9
BlackRock, Inc. 102,518,723 5.57 2,648.2
Capital Research and Management Company 89,097,776 4.84 2,301.5 Capitalization
Artisan Partners Limited Partnership 65,721,454 3.57 1,697.7 Share Price 24.37
Holders as of Thursday, June 23, 2022 Shares Out. 1,840.75
Market Capitalization 44,856.79
Market Data Share Price & Volume (CHF) - Cash & Short Term Investments 5,703.07
Last (Delayed) 24.97 Market Cap (mm) 45,963.4 + Total Debt 9,379.26
Open 25.13 Shares Out. (mm) 1,840.7 + Pref. Equity -
Previous Close 24.97 Float % 79.7% + Total Minority Interest 433.74
Change on Day (0.42) Shares Sold... - = Total Enterprise Value (TEV) 48,966.72
Change % on Day (1.7%) Dividend Yield % 3.2% Impl.Shares Out -
Day High/Low 25.35/24.85 Diluted EPS 2.26 Impl.Market Cap -
52 wk High/Low 35.79/24.85 Excl....
P/Diluted EPS... 11.07x Book Value of Common Equity 12,199.03
Volume (mm) 4.35 Avg 3M Dly Vlm... 4.87 + Pref. Equity -
Beta 5Y 1.02 + Total Minority Interest 433.74

Key Executives and Board Members

Events
Voser, Peter Robert Independent Chairman of the Board
Date/Time Event
Rosengren, Bjorn Klas Chief Executive Officer
Otto Jul-21-2022 Earnings Release Date
Wallenberg, Jacob Independent Vice Chairman
Sep-19-2022 Company Conference Presentation
Ihamuotila, Timo J. Chief Financial Officer
Sep-19-2022 Conference
Joannou, Alec Chief Information Officer

Date Created: Jun-23-2022 Copyright © 2022 S&P Global Market Intelligence, a division of S&P Global Inc. All Rights reserved.
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