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 1,61,761 - -
Change - -27.36% 63.46% 20.18% -39.17% -18.68% - -
Enterprise Value (EV) 1 2,29,196 1,63,369 2,67,327 3,21,408 2,03,790 1,87,651 1,76,492 1,71,702
Change - -28.72% 63.63% 20.23% -36.59% -7.92% -5.95% -2.71%
P/E 157x 800x 66.9x 53.7x 27.2x 24.1x 20.6x 16.9x
PBR 3.82x 2.86x 4.64x 5.36x 3.41x 4.84x 3.76x 3.55x
PEG - -9.3x 0x 1x 1.2x 4.83x 1.2x 0.8x
Capitalization / Revenue 8.65x 5.31x 7.81x 8.63x 4.79x 3.51x 3.2x 2.93x
EV / Revenue 8.65x 5.21x 7.67x 8.48x 4.91x 4.07x 3.49x 3.11x
EV / EBITDA 27.8x 18.3x 21x 22.4x 12.7x 10.5x 9.13x 8.32x
EV / EBIT 46.3x 23.1x 25.1x 25.7x 14.4x 11.8x 9.97x 8.72x
EV / FCF 43.4x 25.9x 28.1x 25.8x 14.2x 12.6x 10.8x 9.65x
FCF Yield 2.31% 3.86% 3.55% 3.87% 7.07% 7.94% 9.25% 10.4%
Dividend per Share 2 - - - 1.6 1.664 1.705 1.769 1.925
Rate of return - - - 0.47% 0.78% 0.86% 0.9% 0.97%
EPS 2 1.48 0.21 4.2 6.36 7.8 8.189 9.577 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 46,105 50,515 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 7,129 8,250 9,807
Net Debt 1 55 -3,089 -4,768 -5,599 4,874 25,890 14,732 9,941
Reference price 2 232.63 167.97 281.09 341.70 212.29 197.51 197.51 197.51
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.($)
24.12x4.07x10.48x0.86% 16TCr
-597.67x38.03x156.25x-.--% 11TCr
-17.29x7.16x12.41x-.--% 4.81TCr
60.59x5.85x23.22x-.--% 1.74TCr
253.83x13.72x35.15x-.--% 1.53TCr
60.7x5.76x18.76x-.--% 1.46TCr
-53.55x170.02x-58.22x - 751.96Cr
32.37x7.78x17.09x-.--% 642.78Cr
17.22x3.42x9.1x-.--% 496.78Cr
Average -24.41x 28.42x 24.91x 0.11% 4.3TCr
Weighted average by Cap. -148.25x 17.97x 53.03x 0.37%

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