Company Valuation: Amgen Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,26,718 1,40,139 1,54,142 1,40,103 1,76,250 2,53,206 - -
Change - 10.59% 9.99% -9.11% 25.8% 43.66% - -
Enterprise Value (EV) 1 1,51,990 1,69,779 2,07,811 1,88,229 2,21,725 2,92,567 2,87,006 2,80,127
Change - 11.7% 22.4% -9.42% 17.8% 31.95% -1.9% -2.4%
P/E 21.9x 21.7x 23.1x 34.5x 23x 24.2x 23x 22.2x
PBR 18.7x 38.3x 24.7x 23.8x 20.4x 18.6x 15.6x 12.3x
PEG - 1.2x 7.36x -0.9x 0.3x 0.7x 4.56x 5.72x
Capitalization / Revenue 4.88x 5.32x 5.47x 4.19x 4.8x 6.41x 6.13x 5.86x
EV / Revenue 5.85x 6.45x 7.37x 5.63x 6.03x 7.41x 6.95x 6.48x
EV / EBITDA 9.61x 10.5x 11.9x 9.13x 10.4x 13.6x 13x 12.4x
EV / EBIT 12.2x 13.3x 15.5x 12.5x 13.7x 17x 15.8x 14.6x
EV / FCF 18.1x 19.3x 28.2x 18.1x 27.4x 25.9x 18.2x 16.1x
FCF Yield 5.51% 5.17% 3.54% 5.52% 3.65% 3.86% 5.48% 6.2%
Dividend per Share 2 7.04 7.76 8.52 9 9.52 10.09 10.66 11.14
Rate of return 3.13% 2.95% 2.96% 3.45% 2.91% 2.16% 2.28% 2.38%
EPS 2 10.28 12.11 12.49 7.56 14.23 19.37 20.34 21.13
Distribution rate 68.5% 64.1% 68.2% 119% 66.9% 52.1% 52.4% 52.7%
Net sales 1 25,979 26,323 28,190 33,424 36,751 39,475 41,290 43,225
EBITDA 1 15,822 16,178 17,470 20,620 21,370 21,482 22,113 22,523
EBIT 1 12,424 12,761 13,399 15,028 16,203 17,213 18,128 19,145
Net income 1 5,893 6,552 6,717 4,090 7,711 10,521 11,027 11,638
Net Debt 1 25,272 29,640 53,669 48,126 45,475 39,361 33,800 26,921
Reference price 2 224.97 262.64 288.02 260.64 327.31 468.25 468.25 468.25
Nbr of stocks (in thousands) 5,63,266 5,33,579 5,35,178 5,37,533 5,38,481 5,40,911 - -
Announcement Date 07/02/22 31/01/23 06/02/24 04/02/25 03/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
41.91x14.16x30.08x0.48% 1,27600Cr
41.09x6.89x19.39x1.9% 68TCr
37.85x8.58x17.73x2.35% 52TCr
21.6x5.24x13.12x2.49% 39TCr
105.09x5.99x25.53x2.29% 36TCr
23.85x5.92x14.34x2.69% 31TCr
24.15x4.85x13.63x1.8% 29TCr
24x7.37x13.6x2.17% 25TCr
-40.15x7.43x46.76x1.93% 21TCr
Average 31.04x 7.38x 21.58x 2.01% 48TCr
Weighted average by Cap. 37.23x 8.89x 22.59x 1.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Amgen Inc.

Historical PBR trend

Valuation ratios - PBR - Amgen Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Amgen Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Amgen Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Amgen Inc.