Projected Income Statement: Quanta Services, Inc.

Forecast Balance Sheet: Quanta Services, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 3,525 3,301 2,908 3,420 5,555 4,174 3,067 2,192
Change - -6.35% -11.91% 17.61% 62.43% -24.87% -26.52% -28.53%
Announcement Date 24/2/22 23/2/23 22/2/24 20/2/25 19/2/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Quanta Services, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 385.9 427.6 434.8 604.1 609.2 807 770.9 862.4
Change - 10.83% 1.68% 38.93% 0.84% 32.48% -4.48% 11.87%
Free Cash Flow (FCF) 1 246.3 766.8 1,210 1,555 1,673 1,929 2,366 2,727
Change - 211.38% 57.86% 28.44% 7.59% 15.29% 22.7% 15.24%
Announcement Date 24/2/22 23/2/23 22/2/24 20/2/25 19/2/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Quanta Services, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 9.7% 9.87% 9.32% 9.85% 10.1% 10.23% 10.33% 10.58%
EBIT Margin (%) 5.11% 5.11% 5.4% 5.69% 5.66% 6.39% 6.9% 7.26%
EBT Margin (%) 4.8% 4.12% 4.64% 5.12% 4.88% 5.6% 6.29% 6.81%
Net margin (%) 3.74% 2.88% 3.57% 3.82% 3.61% 4.2% 4.65% 5%
FCF margin (%) 1.9% 4.49% 5.8% 6.57% 5.87% 5.51% 5.95% 5.97%
FCF / Net Income (%) 50.68% 156.11% 162.55% 171.83% 162.66% 131.12% 128.02% 119.26%

Profitability

        
ROA 4.57% 3.73% 5.01% 5.18% 4.72% 6.57% 7.25% 7.38%
ROE 10.28% 9.36% 12.78% 13.32% 12.65% 14.72% 15.28% 14.97%

Financial Health

        
Leverage (Debt/EBITDA) 2.8x 1.96x 1.49x 1.47x 1.93x 1.17x 0.75x 0.45x
Debt / Free cash flow 14.31x 4.31x 2.4x 2.2x 3.32x 2.16x 1.3x 0.8x

Capital Intensity

        
CAPEX / Current Assets (%) 2.97% 2.5% 2.08% 2.55% 2.14% 2.3% 1.94% 1.89%
CAPEX / EBITDA (%) 30.64% 25.38% 22.33% 25.91% 21.18% 22.54% 18.78% 17.83%
CAPEX / FCF (%) 156.69% 55.77% 35.92% 38.85% 36.42% 41.85% 32.58% 31.62%

Items per share

        
Cash flow per share 1 4.006 7.638 10.59 13.87 14.74 15.83 17.93 18.13
Change - 90.65% 38.65% 30.98% 6.27% 7.39% 13.3% 1.09%
Dividend per Share 1 0.25 0.29 0.33 0.37 0.41 0.4382 0.4843 0.5276
Change - 16% 13.79% 12.12% 10.81% 6.87% 10.53% 8.94%
Book Value Per Share 1 35.17 36.38 43.11 49.55 59.76 66.71 76.28 87.2
Change - 3.44% 18.5% 14.95% 20.59% 11.64% 14.34% 14.32%
EPS 1 3.34 3.32 5 6.03 6.8 9.662 12.05 14.54
Change - -0.6% 50.6% 20.6% 12.77% 42.09% 24.73% 20.67%
Nbr of stocks (in thousands) 142,499 142,901 145,285 147,612 149,116 150,060 150,060 150,060
Announcement Date 24/2/22 23/2/23 22/2/24 20/2/25 19/2/26 - - -
1USD
Estimates
2026 *2027 *
P/E 65.5x 52.5x
PBR 9.48x 8.29x
EV / Sales 2.83x 2.47x
Yield 0.07% 0.08%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
30
Last Close Price
632.56USD
Average target price
759.51USD
Spread / Average Target
+20.07%

Quarterly revenue - Rate of surprise

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  4. Financials Quanta Services, Inc.