Projected Income Statement: Meta Platforms, Inc.

Forecast Balance Sheet: Meta Platforms, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -47,998 -30,815 -47,018 -48,989 -22,848 -24,569 -19,793 -41,186
Change - 35.8% -52.58% -4.19% 53.36% -7.53% 19.44% -108.08%
Announcement Date 2/2/22 A 2/1/23 A 2/1/24 A 1/29/25 A 1/28/26 A - - -
1USD in Million
Estimates

Cash Flow Forecast: Meta Platforms, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 18,567 31,186 27,045 37,256 69,691 123,819 138,110 146,358
Change - 67.96% -13.28% 37.76% 87.06% 77.67% 11.54% 5.97%
Free Cash Flow (FCF) 1 39,116 18,439 43,010 52,103 43,585 10,806 25,590 55,023
Change - -52.86% 133.26% 21.14% -16.35% -75.21% 136.82% 115.02%
Announcement Date 2/2/22 A 2/1/23 A 2/1/24 A 1/29/25 A 1/28/26 A - - -
1USD in Million
Estimates

Forecast Financial Ratios: Meta Platforms, Inc.

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

Profitability

        
EBITDA Margin (%) 54.17% 42.55% 53.34% 61.74% 60.87% 56.36% 58.21% 60.35%
EBIT Margin (%) 39.65% 24.82% 34.66% 42.18% 41.44% 34.77% 34.66% 34.87%
EBT Margin (%) 40.1% 24.71% 35.16% 42.96% 42.76% 35.07% 34.9% 35.87%
Net margin (%) 33.38% 19.9% 28.98% 37.91% 30.08% 30.22% 29.88% 30.51%
FCF margin (%) 33.17% 15.81% 31.88% 31.67% 21.69% 4.3% 8.65% 15.98%
FCF / Net Income (%) 99.35% 79.48% 110.01% 83.55% 72.09% 14.24% 28.95% 52.39%

Profitability

        
ROA 24.21% 13.19% 18.83% 24.66% 18.83% 19.86% 18.97% 16.13%
ROE 31.1% 18.52% 28.04% 37.14% 30.24% 30.83% 27.1% 24.04%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 15.74% 26.74% 20.05% 22.65% 34.68% 49.33% 46.68% 42.52%
CAPEX / EBITDA (%) 29.06% 62.85% 37.59% 36.68% 56.97% 87.51% 80.2% 70.45%
CAPEX / FCF (%) 47.47% 169.13% 62.88% 71.5% 159.9% 1,145.89% 539.71% 266%

Items per share

        
Cash flow per share 1 20.18 18.68 27.05 34.94 44.99 53.66 65.89 78.23
Change - -7.41% 44.8% 29.16% 28.77% 19.29% 22.78% 18.73%
Dividend per Share 1 - - - 2 2.1 2.245 2.474 2.543
Change - - - - 5% 6.89% 10.2% 2.82%
Book Value Per Share 1 43.68 46.79 58.26 69.87 84.4 117 145.7 181.7
Change - 7.11% 24.53% 19.92% 20.8% 38.6% 24.57% 24.72%
EPS 1 13.77 8.59 14.87 23.86 23.49 29.56 34.3 40.32
Change - -37.62% 73.11% 60.46% -1.55% 25.83% 16.03% 17.56%
Nbr of stocks (in thousands) 2,781,760 2,622,197 2,571,256 2,524,489 2,520,528 2,529,555 2,529,555 2,529,555
Announcement Date 2/2/22 A 2/1/23 A 2/1/24 A 1/29/25 A 1/28/26 A - - -
1USD
Estimates
2026 *2027 *
P/E ratio 21.3x 18.4x
PBR 5.38x 4.32x
EV / Sales 6.25x 5.32x
Yield 0.36% 0.39%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
67
Last Close Price
629.86USD
Average target price
855.68USD
Spread / Average Target
+35.85%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. META Stock
  4. Financials Meta Platforms, Inc.