Company Valuation: Gilead Sciences, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 91,081 1,07,677 1,00,942 1,15,118 1,52,281 1,62,050 - -
Change - 18.22% -6.25% 14.04% 32.28% 6.41% - -
Enterprise Value (EV) 1 1,18,530 1,26,522 1,18,665 1,31,838 1,69,585 1,71,647 1,62,050 1,52,094
Change - 6.74% -6.21% 11.1% 28.63% 1.22% -5.59% -6.14%
P/E 14.7x 23.6x 18x 243x 18.1x -47x 16.5x 15.2x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.25x 6.44x 5.2x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.66x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.33x 5.02x 4.75x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 5.64x 5.02x 4.46x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 31.2x 9.03x 8.46x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 62x 10.4x 9.09x
EV / FCF 11x 15.2x 16x 12.8x 17.9x 212x 12.2x 10.8x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% 0.47% 8.18% 9.25%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.296 3.409 3.102
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.53% 2.61% 2.38%
EPS 2 4.93 3.64 4.5 0.38 6.78 -2.775 7.887 8.608
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -119% 43.2% 36%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,425 32,297 34,107
EBITDA 1 14,598 14,283 13,177 11,287 15,953 5,510 17,953 17,972
EBIT 1 12,548 12,180 10,484 8,520 13,193 2,771 15,584 16,737
Net income 1 6,225 4,592 5,665 480 8,510 -3,391 9,779 10,495
Net Debt 1 27,449 18,845 17,723 16,720 17,304 9,597 - -9,955
Reference price 2 72.61 85.85 81.01 92.37 122.74 130.52 130.52 130.52
Nbr of stocks (in thousands) 12,54,384 12,54,244 12,46,042 12,46,266 12,40,680 12,41,570 - -
Announcement Date 01/02/22 02/02/23 06/02/24 11/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-47.03x5.64x31.15x2.53% 16TCr
35.56x12.7x26.67x0.56% 1,06800Cr
28.51x6.52x18.04x2.02% 64TCr
32.33x7.59x15.6x2.68% 45TCr
19.49x4.75x11.79x2.78% 35TCr
22.29x5.76x14.37x2.78% 30TCr
21.47x4.5x12.72x1.93% 27TCr
14.4x5.35x11.02x3.48% 22TCr
24.71x6.49x11.44x2.68% 20TCr
12.52x3.08x7.78x6.98% 14TCr
Average 16.43x 6.24x 16.06x 2.84% 38.04TCr
Weighted average by Cap. 24.31x 7.78x 18.36x 2.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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