Company Valuation: Salesforce, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 2,29,141 1,66,458 2,72,095 3,27,007 1,98,916 1,57,854 - -
Change - -27.36% 63.46% 20.18% -39.17% -20.64% - -
Enterprise Value (EV) 1 2,29,196 1,63,369 2,67,327 3,21,408 2,03,790 1,83,744 1,72,586 1,67,795
Change - -28.72% 63.63% 20.23% -36.59% -9.84% -6.07% -2.78%
P/E 157x 800x 66.9x 53.7x 27.2x 23.6x 20.2x 16.5x
PBR 3.82x 2.86x 4.64x 5.36x 3.41x 4.73x 3.67x 3.46x
PEG - -9.3x 0x 1x 1.2x 4.83x 1.2x 0.7x
Capitalization / Revenue 8.65x 5.31x 7.81x 8.63x 4.79x 3.42x 3.12x 2.86x
EV / Revenue 8.65x 5.21x 7.67x 8.48x 4.91x 3.99x 3.42x 3.04x
EV / EBITDA 27.8x 18.3x 21x 22.4x 12.7x 10.3x 8.93x 8.13x
EV / EBIT 46.3x 23.1x 25.1x 25.7x 14.4x 11.6x 9.75x 8.52x
EV / FCF 43.4x 25.9x 28.1x 25.8x 14.2x 12.3x 10.5x 9.43x
FCF Yield 2.31% 3.86% 3.55% 3.87% 7.07% 8.11% 9.49% 10.6%
Dividend per Share 2 - - - 1.6 1.664 1.705 1.769 1.925
Rate of return - - - 0.47% 0.78% 0.88% 0.92% 1%
EPS 2 1.48 0.21 4.2 6.36 7.8 8.181 9.563 11.67
Distribution rate - - - 25.2% 21.3% 20.8% 18.5% 16.5%
Net sales 1 26,492 31,352 34,857 37,895 41,525 46,107 50,514 55,280
EBITDA 1 8,249 8,903 12,722 14,324 16,100 17,912 19,336 20,632
EBIT 1 4,951 7,068 10,632 12,498 14,156 15,838 17,694 19,691
Net income 1 1,444 208 4,136 6,197 7,457 7,116 8,233 9,807
Net Debt 1 55 -3,089 -4,768 -5,599 4,874 25,890 14,732 9,941
Reference price 2 232.63 167.97 281.09 341.70 212.29 192.74 192.74 192.74
Nbr of stocks (in thousands) 9,85,000 9,91,000 9,68,000 9,57,000 9,37,000 8,19,000 - -
Announcement Date 01/03/22 01/03/23 28/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.56x3.99x10.26x0.88% 16TCr
-588.04x36.75x150.75x-.--% 11TCr
-18.05x7.27x12.58x-.--% 4.95TCr
58.9x5.67x22.54x-.--% 1.69TCr
242.91x13.16x33.72x-.--% 1.46TCr
58.78x5.56x18.11x-.--% 1.42TCr
-56.26x174.16x-61.17x - 773.19Cr
31.97x7.67x16.85x-.--% 634.75Cr
17.04x3.41x9.15x-.--% 500.3Cr
Average -25.47x 28.63x 23.64x 0.11% 4.21TCr
Weighted average by Cap. -144.63x 17.67x 50.58x 0.38%

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