Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 20,40,304 19,20,840 25,32,081 33,21,869 36,97,022 28,60,690 - -
Change - -5.86% 31.82% 31.19% 11.29% -22.62% - -
Enterprise Value (EV) 1 19,68,116 18,65,864 24,68,056 32,91,263 36,45,608 28,08,267 28,13,176 27,81,535
Change - -5.2% 32.27% 33.35% 10.77% -22.97% 0.17% -1.12%
P/E 33.7x 26.6x 35.2x 37.9x 36.5x 22.2x 19.7x 16.8x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 6.41x 4.88x 3.89x
PEG - 1.3x 113.23x 1.7x 2.3x 0.8x 1.6x 1x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 8.68x 7.44x 6.29x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 8.52x 7.32x 6.11x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 14.2x 11.8x 9.55x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 18.3x 15.7x 13.3x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 43.4x 50.8x 41.4x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.3% 1.97% 2.41%
Dividend per Share 2 2.24 2.48 2.72 3 3.32 3.686 4.017 4.31
Rate of return 0.83% 0.97% 0.8% 0.67% 0.67% 0.96% 1.04% 1.12%
EPS 2 8.05 9.65 9.68 11.8 13.64 17.34 19.54 22.95
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 21.3% 20.6% 18.8%
Net sales 1 1,68,088 1,98,270 2,11,915 2,45,122 2,81,724 3,29,510 3,84,465 4,54,914
EBITDA 1 81,602 97,843 1,03,555 1,31,720 1,62,681 1,98,186 2,39,087 2,91,387
EBIT 1 69,916 83,383 89,694 1,09,433 1,28,528 1,53,662 1,78,912 2,09,803
Net income 1 61,271 72,738 72,361 88,136 1,01,832 1,29,244 1,45,607 1,69,666
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -52,423 -47,514 -79,155
Reference price 2 270.90 256.83 340.54 446.95 497.41 385.10 385.10 385.10
Nbr of stocks (in thousands) 75,31,575 74,79,033 74,35,488 74,32,306 74,32,544 74,28,435 - -
Announcement Date 27/07/21 26/07/22 25/07/23 30/07/24 30/07/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
95.66x38.6x64.53x-.--% 31TCr
138.48x44.24x139.93x0.13% 14TCr
85.77x17.24x37.45x-.--% 11TCr
485.9x20.95x84.2x-.--% 9.58TCr
163.85x9.54x23.58x-.--% 8.49TCr
36.06x1.92x14.99x-.--% 6.68TCr
125.38x5.25x25.77x-.--% 4.57TCr
-37.36x5.01x24.01x-.--% 4.04TCr
103.31x5.38x25.92x-.--% 3.32TCr
Average 133.01x 16.46x 48.93x 0.01% 10.27TCr
Weighted average by Cap. 139.40x 25.55x 62.61x 0.02%

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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