Johnson Controls International: Initiation Of Coverage – A Strategic Overhaul That Could Be A Game Changer!
This is our first report on diversified technology and multi industrial player, Johnson Controls. The company reported its Q1 2024 earnings recently. The company is facing some momentum after overcoming a considerable cyber disruption early in the quarter. The cyber incident occurred 120 days prior to the call, and the firm states that it has managed to recover and get back on track. Despite this setback, Johnson Controls delivered solid first quarter results that were in line with its projections. Factors such as ongoing weakness in global residential HVAC and a significant slowdown in China posed challenges to the company. However, its financially focused portfolio and long-cycle backlog-driven businesses give it visibility for improvement as fiscal 2024 progresses.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks