GE Aerospace
GE
Market Cap$172.08B
Close$
Earnings Call Q4 2023
January 23, 2024 - AI Summary
GE reported strong operating results for the fourth quarter of 2023, with tripled earnings and a significant increase in free cash flow.
The company successfully spun off GE Healthcare and is preparing to launch GE Aerospace and GE Vernova in early April.
GE Aerospace expects double-digit revenue, profit, and cash growth in 2024, driven by increased engine deliveries and services. LEAP engines are expected to see a 20-25% increase in unit growth, while spares ratio will moderate.
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$19.60
87.4% downside
Current Fair Value
87.4% downsideOvervalued by 87.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $172.08 Billion |
|---|---|
| Enterprise Value | $173.50 Billion |
| Dividend Yield | $0.1906 (0.12%) |
| Earnings per Share | $8.36 |
| Beta | 1.02 |
| Outstanding Shares | 1,093,267,127 |
| Avg 30 Day Volume | 10,189,151 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 18.73 |
|---|---|
| PEG | -74.55 |
| Price to Sales | 2.51 |
| Price to Book Ratio | 6.23 |
| Enterprise Value to Revenue | 2.55 |
| Enterprise Value to EBIT | 42.79 |
| Enterprise Value to Net Income | 18 |
| Total Debt to Enterprise | 0.14 |
| Debt to Equity | 0.88 |
Revenue Sources
No data
ESG Score
No data
About General Electric Co.
205,000 employees
CEO: H. Lawrence Culp The General Electric Company (GE) is an American multinational company. For more than 125 years, GE has invented the future of industry. Today, GE is best known for its work in the Power, Renewable Energy, Aviation and Healthcare industries.