Company Valuation: UnitedHealth Group Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 3,32,732 4,72,941 4,95,373 4,86,945 4,65,535 2,99,751 - -
Change - 42.14% 4.74% -1.7% -4.4% -35.61% - -
Enterprise Value (EV) 1 3,59,278 4,95,037 5,14,300 5,19,854 5,13,326 3,54,354 3,52,407 3,52,930
Change - 37.79% 3.89% 1.08% -1.26% -30.97% -0.55% 0.15%
P/E ratio 21.9x 27.8x 25x 22.1x 32.6x 22.1x 20.2x 17.2x
PBR 5.1x 6.28x 6.18x 5.48x 5x 3.03x 2.87x 2.74x
PEG - 2.2x 1.5x 1.7x -0.9x -6.24x 2.15x 1x
Capitalization / Revenue 1.29x 1.64x 1.53x 1.31x 1.16x 0.67x 0.66x 0.63x
EV / Revenue 1.4x 1.72x 1.59x 1.4x 1.28x 0.79x 0.77x 0.74x
EV / EBITDA 14.2x 18.3x 16.2x 14.3x 14.1x 13.5x 12.4x 11.2x
EV / EBIT 16x 20.7x 18.1x 16.1x 15.9x 16.2x 14.6x 13.2x
EV / FCF 17.9x 24.9x 22x 20.2x 24.8x 17.8x 19.4x 16.6x
FCF Yield 5.6% 4.02% 4.55% 4.94% 4.03% 5.6% 5.16% 6.02%
Dividend per Share 2 4.83 5.6 6.4 7.29 8.18 8.747 9.082 9.235
Rate of return 1.38% 1.12% 1.21% 1.38% 1.62% 2.64% 2.74% 2.79%
EPS 2 16.03 18.08 21.18 23.86 15.51 14.96 16.37 19.28
Distribution rate 30.1% 31% 30.2% 30.6% 52.7% 58.5% 55.5% 47.9%
Net sales 1 2,57,141 2,87,597 3,24,162 3,71,622 4,00,278 4,47,523 4,57,237 4,78,079
EBITDA 1 25,296 27,073 31,835 36,330 36,386 26,183 28,313 31,644
EBIT 1 22,405 23,970 28,435 32,358 32,287 21,883 24,057 26,832
Net income 1 15,403 17,285 20,120 22,381 14,405 13,632 14,836 17,439
Net Debt 1 26,546 22,096 18,927 32,909 47,791 54,603 52,656 53,179
Reference price 2 350.68 502.14 530.18 526.47 505.86 330.91 330.91 330.91
Nbr of stocks (in thousands) 9,48,821 9,41,851 9,34,349 9,24,925 9,20,284 9,05,839 - -
Announcement Date 20/01/21 19/01/22 13/01/23 12/01/24 16/01/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.12x0.79x13.53x2.64% 30TCr
13.07x0.49x8.75x2.02% 7.35TCr
11.02x0.35x7.36x2.21% 7.09TCr
20.49x0.3x9.43x1.42% 3.1TCr
-3.79x0.11x22.09x-.--% 1.88TCr
12.82x0.16x5.7x-.--% 780.56Cr
-180.65x0.93x38.06x-.--% 391.18Cr
36.53x1.52x8.87x-.--% 207.08Cr
-14.92x0.62x59.3x-.--% 133.3Cr
40.06x3.52x17.48x0.46% 39Cr
Average -4.33x 0.88x 19.06x 0.87% 5.1TCr
Weighted average by Cap. 16.49x 0.63x 12.22x 2.24%
See all sector valuations

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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