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 35,96,266 - -
Change - 31.82% 31.19% 11.29% -25.05% 29.78% - -
Enterprise Value (EV) 1 18,65,864 24,68,056 32,91,263 36,45,608 27,34,406 35,49,800 35,47,776 36,95,836
Change - 32.27% 33.35% 10.77% -24.99% 29.82% -0.06% 4.17%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 24.6x 20.5x 16.8x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.3x 4.92x 3.83x
PEG - 113.23x 1.7x 2.3x 0.7x 2.52x 1x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.19x 7.68x 6.34x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.07x 7.57x 6.52x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 14.8x 12x 10x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 19.5x 16.3x 14.1x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 110x 78x 42.2x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.91% 1.28% 2.37%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.898 4.26 4.421
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.8% 0.88% 0.91%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.7 23.66 28.76
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.8% 18% 15.4%
Net sales 1 1,98,270 2,11,915 2,45,122 2,81,724 3,31,839 3,91,172 4,68,372 5,67,246
EBITDA 1 97,843 1,03,555 1,31,720 1,62,681 1,98,685 2,40,272 2,96,274 3,69,739
EBIT 1 83,383 89,694 1,09,433 1,28,528 1,55,237 1,82,061 2,17,149 2,62,589
Net income 1 72,738 72,361 88,136 1,01,832 1,33,749 1,47,042 1,76,466 2,12,963
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -46,466 -48,490 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 484.31 484.31 484.31
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.($)
24.58x9.07x14.77x0.8% 3,59600Cr
115.66x49.94x81.07x-.--% 42TCr
413.96x17.75x70.16x-.--% 8.39TCr
65.61x13.84x29.19x-.--% 8.67TCr
148.68x8.71x22.23x-.--% 7.68TCr
40.17x2.03x16.19x-.--% 7.29TCr
123.66x5.08x24.51x-.--% 4.43TCr
176.09x5.62x21.61x-.--% 4.41TCr
25.89x5.29x25.39x-.--% 3.41TCr
Average 126.03x 13.04x 33.90x 0.09% 49.56TCr
Weighted average by Cap. 46.18x 12.96x 22.75x 0.65%

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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  5. Valuation Microsoft Corporation