Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 20,40,304 19,20,840 25,32,081 33,21,869 36,97,022 30,49,557 - -
Change - -5.86% 31.82% 31.19% 11.29% -17.51% - -
Enterprise Value (EV) 1 19,68,116 18,65,864 24,68,056 32,91,263 36,45,608 29,92,763 29,62,481 29,21,567
Change - -5.2% 32.27% 33.35% 10.77% -17.91% -1.01% -1.38%
P/E ratio 33.7x 26.6x 35.2x 37.9x 36.5x 23.9x 21.6x 18.2x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 6.87x 5.25x 4.2x
PEG - 1.3x 113.23x 1.7x 2.3x 0.9x 2.1x 1x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 9.3x 8.06x 6.92x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 9.13x 7.83x 6.63x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 15.1x 12.8x 10.6x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 19.8x 17x 14.4x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 42.3x 36.8x 29.8x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.36% 2.72% 3.36%
Dividend per Share 2 2.24 2.48 2.72 3 3.32 3.604 3.989 4.239
Rate of return 0.83% 0.97% 0.8% 0.67% 0.67% 0.88% 0.97% 1.03%
EPS 2 8.05 9.65 9.68 11.8 13.64 17.19 18.99 22.53
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 21% 21% 18.8%
Net sales 1 1,68,088 1,98,270 2,11,915 2,45,122 2,81,724 3,27,772 3,78,144 4,40,517
EBITDA 1 81,602 97,843 1,03,555 1,31,720 1,62,681 1,97,758 2,31,845 2,75,236
EBIT 1 69,916 83,383 89,694 1,09,433 1,28,528 1,51,513 1,73,880 2,03,364
Net income 1 61,271 72,738 72,361 88,136 1,01,832 1,27,641 1,41,888 1,66,679
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -56,794 -87,076 -1,27,990
Reference price 2 270.90 256.83 340.54 446.95 497.41 410.68 410.68 410.68
Nbr of stocks (in thousands) 75,31,575 74,79,033 74,35,488 74,32,306 74,32,544 74,25,629 - -
Announcement Date 27/07/21 26/07/22 25/07/23 30/07/24 30/07/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.89x9.13x15.13x0.88% 3,05000Cr
134.23x48.71x83.45x-.--% 37TCr
182.06x9.54x21.63x-.--% 8.47TCr
61.82x13.3x27.87x-.--% 8.28TCr
239.47x72.39x227.55x-.--% 7.15TCr
35.34x2.19x13.99x-.--% 5.65TCr
-40.49x5.19x20.88x-.--% 4.68TCr
-115.06x6.01x36.55x-.--% 3.94TCr
20.71x3.6x10.11x1.42% 2.82TCr
22.05x2.75x6.4x-.--% 2.28TCr
Average 56.40x 17.28x 46.36x 0.23% 38.47TCr
Weighted average by Cap. 40.59x 13.90x 26.16x 0.71%

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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