Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 19,20,840 25,32,081 33,21,869 36,97,022 27,70,955 40,05,636 - -
Change - 31.82% 31.19% 11.29% -25.05% 44.56% - -
Enterprise Value (EV) 1 18,65,864 24,68,056 32,91,263 36,45,608 27,34,406 39,53,795 39,77,175 41,05,206
Change - 32.27% 33.35% 10.77% -24.99% 44.59% 0.59% 3.22%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 27.4x 22.8x 18.3x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 7.01x 5.48x 4.27x
PEG - 113.23x 1.7x 2.3x 0.7x 2.78x 1.2x 0.7x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 10.2x 8.55x 7.03x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 10.1x 8.49x 7.2x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 16.5x 13.4x 11x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 21.7x 18.3x 15.6x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 112x 79.8x 41x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.89% 1.25% 2.44%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.856 4.264 4.478
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.71% 0.79% 0.83%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.72 23.61 29.41
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.6% 18.1% 15.2%
Net sales 1 1,98,270 2,11,915 2,45,122 2,81,724 3,31,839 3,91,345 4,68,283 5,69,978
EBITDA 1 97,843 1,03,555 1,31,720 1,62,681 1,98,685 2,39,588 2,96,058 3,72,989
EBIT 1 83,383 89,694 1,09,433 1,28,528 1,55,237 1,82,411 2,17,571 2,62,864
Net income 1 72,738 72,361 88,136 1,01,832 1,33,749 1,47,063 1,76,166 2,16,679
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -51,842 -28,461 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 539.44 539.44 539.44
Nbr of stocks (in thousands) 74,79,033 74,35,488 74,32,306 74,32,544 74,28,435 74,25,545 - -
Announcement Date 26/07/22 25/07/23 30/07/24 30/07/25 29/07/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.36x10.1x16.5x0.71% 4,00600Cr
129.26x57.21x93.17x-.--% 48TCr
20.24x5.8x10.1x1.48% 41TCr
234.93x20.94x61.3x-.--% 30TCr
2445.7x40.91x133.83x-.--% 25TCr
28.39x5.72x18.01x1.33% 26TCr
94.23x9.35x25.03x-.--% 15TCr
58.97x15.86x41.77x-.--% 13TCr
479.45x20.38x80.54x-.--% 9.56TCr
Average 390.95x 20.70x 53.36x 0.39% 67.69TCr
Weighted average by Cap. 154.41x 15.43x 31.04x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Microsoft Corporation

Historical PBR trend

Valuation ratios - PBR - Microsoft Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Microsoft Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Microsoft Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Microsoft Corporation
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