Company Valuation: McDonald's Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,00,314 1,93,016 2,15,071 2,07,741 2,17,656 1,90,210 - -
Change - -3.64% 11.43% -3.41% 4.77% -12.61% - -
Enterprise Value (EV) 1 2,31,228 2,26,335 2,47,645 2,45,080 2,56,855 2,29,669 2,30,006 2,29,864
Change - -2.12% 9.41% -1.04% 4.8% -10.58% 0.15% -0.06%
P/E 26.7x 31.6x 25.6x 25.5x 25.6x 20.8x 19x 17.7x
PBR -43.4x -32.5x -46.1x -55.1x -121x 354x 57.9x 32.7x
PEG - -1.9x 0.7x -17.34x 5.21x 2.63x 2.02x 2.38x
Capitalization / Revenue 8.63x 8.33x 8.44x 8.01x 8.1x 6.7x 6.33x 6.03x
EV / Revenue 9.96x 9.76x 9.71x 9.46x 9.55x 8.08x 7.66x 7.28x
EV / EBITDA 19.4x 21.1x 17.7x 17.4x 17.3x 14.6x 13.7x 13x
EV / EBIT 23x 21.8x 20.6x 20.4x 20.4x 17.1x 16.1x 15.2x
EV / FCF 32.6x 41.2x 34.1x 36.7x 35.7x 29.4x 25.7x 23.9x
FCF Yield 3.07% 2.42% 2.93% 2.72% 2.8% 3.4% 3.89% 4.19%
Dividend per Share 2 5.25 5.66 6.23 6.78 7.17 7.496 7.895 8.433
Rate of return 1.96% 2.15% 2.1% 2.34% 2.35% 2.8% 2.95% 3.15%
EPS 2 10.04 8.33 11.56 11.39 11.95 12.89 14.1 15.15
Distribution rate 52.3% 67.9% 53.9% 59.5% 60% 58.1% 56% 55.7%
Net sales 1 23,223 23,183 25,494 25,920 26,885 28,410 30,042 31,570
EBITDA 1 11,939 10,751 13,991 14,100 14,820 15,680 16,733 17,680
EBIT 1 10,071 10,381 12,009 12,003 12,621 13,398 14,286 15,160
Net income 1 7,545 6,177 8,469 8,223 8,563 9,149 9,905 10,569
Net Debt 1 30,914 33,320 32,574 37,339 39,199 39,460 39,797 39,654
Reference price 2 268.07 263.53 296.51 289.89 305.63 267.71 267.71 267.71
Nbr of stocks (in thousands) 7,47,245 7,32,424 7,25,342 7,16,620 7,12,154 7,10,506 - -
Announcement Date 27/01/22 31/01/23 05/02/24 10/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.76x8.08x14.65x2.8% 19TCr
30.91x3.38x19.14x-.--% 4.42TCr
21.84x5.63x16.38x2.05% 4.08TCr
18.36x3.87x12.03x3.44% 2.6TCr
15.1x1.1x7.13x2.69% 1.52TCr
16.86x2.97x13.91x2.47% 1.07TCr
27.33x2.3x - 0.86% 624.82Cr
18.62x1.82x7.61x4.48% 468.74Cr
31.7x6.38x18.42x0.89% 387.6Cr
49.64x1.35x9.84x-.--% 234.03Cr
Average 25.11x 3.69x 13.23x 1.97% 3.44TCr
Weighted average by Cap. 22.05x 6.15x 14.79x 2.33%

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

  1. Stock Market
  2. Stocks
  3. MCD Stock
  4. Valuation McDonald's Corporation