Company Valuation: NVIDIA Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,58,100 4,75,539 15,21,940 34,92,764 45,60,193 55,14,692 - -
Change - -14.79% 220.05% 129.49% 30.56% 20.93% - -
Enterprise Value (EV) 1 5,47,838 4,73,196 15,05,665 34,49,554 45,06,105 53,56,538 51,75,456 49,06,711
Change - -13.62% 218.19% 129.11% 30.63% 18.87% -3.38% -5.19%
P/E 58x 111x 51.6x 48.5x 38.3x 22.9x 14.7x 11.4x
PBR 21.3x 21.9x 35.8x 44.6x 29.2x 18.1x 10x 6.17x
PEG - -2x 0x 0x 0.6x 0x 0.3x 0.4x
Capitalization / Revenue 20.7x 17.6x 25x 26.8x 21.1x 13.4x 8.08x 6.17x
EV / Revenue 20.4x 17.5x 24.7x 26.4x 20.9x 13x 7.58x 5.49x
EV / EBITDA 48.8x 82x 43.7x 41.4x 32.2x 19.7x 11.6x 8.22x
EV / EBIT 43.2x 52.3x 40.5x 39.7x 32.8x 19.9x 11.4x 8.14x
EV / FCF 67.4x 124x 55.7x 56.7x 46.6x 27.6x 16x 11.1x
FCF Yield 1.48% 0.8% 1.79% 1.76% 2.15% 3.62% 6.26% 8.99%
Dividend per Share 2 0.016 0.016 0.016 0.07 0.04 0.7574 1.091 1.214
Rate of return 0.07% 0.08% 0.03% 0.05% 0.02% 0.33% 0.48% 0.53%
EPS 2 0.385 0.174 1.193 2.94 4.9 9.968 15.57 20.07
Distribution rate 4.16% 9.2% 1.34% 2.38% 0.82% 7.6% 7% 6.05%
Net sales 1 26,914 26,974 60,922 1,30,497 2,15,938 4,11,558 6,82,733 8,93,381
EBITDA 1 11,215 5,768 34,480 83,317 1,40,143 2,71,568 4,47,752 5,96,721
EBIT 1 12,690 9,040 37,134 86,789 1,37,300 2,68,844 4,52,269 6,02,603
Net income 1 9,752 4,368 29,760 72,880 1,20,067 2,42,920 3,76,752 4,78,817
Net Debt 1 -10,262 -2,343 -16,275 -43,210 -54,088 -1,58,153 -3,39,236 -6,07,981
Reference price 2 22.32 19.32 61.62 142.62 187.67 228.38 228.38 228.38
Nbr of stocks (in thousands) 2,50,00,000 2,46,10,000 2,47,00,000 2,44,90,000 2,42,99,000 2,41,47,000 - -
Announcement Date 16/02/22 22/02/23 21/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.79x12.95x19.62x0.33% 5,51500Cr
23.01x11.3x15.32x1.09% 2,01800Cr
38.52x16.23x23.84x0.73% 1,67600Cr
14.5x8.9x10.7x0.05% 1,20300Cr
106.29x19.25x73.16x-.--% 1LCr
5x3.22x3.89x0.2% 96TCr
-50.23x10.02x27.88x-.--% 63TCr
232.94x51.14x104.16x-.--% 31TCr
Average 49.10x 16.63x 34.82x 0.3% 1,66300Cr
Weighted average by Cap. 30.46x 13.27x 23.94x 0.41%

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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