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 35,91,028 - -
Change - -5.86% 31.82% 31.19% 11.29% -2.87% - -
Enterprise Value (EV) 1 19,68,116 18,65,864 24,68,056 32,91,263 36,45,608 35,26,991 35,01,411 34,51,773
Change - -5.2% 32.27% 33.35% 10.77% -3.25% -0.73% -1.42%
P/E ratio 33.7x 26.6x 35.2x 37.9x 36.5x 30.7x 25.9x 22x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 8.08x 6.23x 5x
PEG - 1.3x 113.23x 1.7x 2.3x 2x 1.4x 1.2x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 11x 9.54x 8.25x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 10.8x 9.3x 7.93x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 17.7x 15.1x 12.4x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 23.4x 20.2x 17.1x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 46.6x 40.5x 29.6x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.15% 2.47% 3.37%
Dividend per Share 2 2.24 2.48 2.72 3 3.32 3.572 4.006 4.255
Rate of return 0.83% 0.97% 0.8% 0.67% 0.67% 0.74% 0.83% 0.88%
EPS 2 8.05 9.65 9.68 11.8 13.64 15.75 18.66 21.99
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 22.7% 21.5% 19.3%
Net sales 1 1,68,088 1,98,270 2,11,915 2,45,122 2,81,724 3,27,318 3,76,375 4,35,309
EBITDA 1 81,602 97,843 1,03,555 1,31,720 1,62,681 1,99,730 2,32,205 2,77,348
EBIT 1 69,916 83,383 89,694 1,09,433 1,28,528 1,50,531 1,73,507 2,02,296
Net income 1 61,271 72,738 72,361 88,136 1,01,832 1,17,234 1,38,738 1,62,963
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -64,037 -89,617 -1,39,255
Reference price 2 270.90 256.83 340.54 446.95 497.41 483.16 483.16 483.16
Nbr of stocks (in thousands) 75,31,575 74,79,033 74,35,488 74,32,306 74,32,544 74,32,378 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
30.73x10.79x17.64x0.74% 3,59100Cr
313.79x96.72x195.38x-.--% 43TCr
86.27x17.27x36.14x-.--% 9.19TCr
89.75x14.24x34.46x-.--% 8.9TCr
267.26x84.97x256.51x0.11% 8.08TCr
49.29x3.21x20.53x-.--% 7.93TCr
-61.9x9.9x41.25x-.--% 6.76TCr
-125.85x7.17x47.66x-.--% 4.58TCr
-883.01x6.12x22.94x-.--% 4.19TCr
26.2x4.68x13.24x1.12% 3.64TCr
Average -20.75x 25.51x 68.57x 0.2% 45.57TCr
Weighted average by Cap. 53.04x 20.20x 40.19x 0.59%
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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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